How Does a Teaser Bet Work? The ‘Teaser Bet’ Explained Betting101
This added flexibility makes them an attractive option—especially in football and basketball—where even a few points can be the difference between winning and losing. Sportsbook operators will also provide more exotic teaser options that work differently than a standard two-team, six-point football teaser. For example, there are 10-point teasers, usually used with three (3) or four (3) teams that dramatically shift the spreads and totals for a game. It is best to go over the house rules for each sportsbook operator before placing teaser bets when diving into some of the more exotic teaser options. A customer can stare at all the events across the board in a day of sports betting and have a feeling that one or two games were a few points different from what is posted.
While the odds are lower than in other markets, the added flexibility lets you tailor parlays to suit your budget and preferences. Units in Sports Betting Learn about unit sizes and how to manage your bankroll with our walkthrough on sports betting units. Sports Betting Systems Trying to make your own sports betting system? Future Betting Strategy Predict the future and understand how to wager on long-term events with our futures betting strategies. Parlay Betting Explained Learn how to link your bets together for a massive payday with our parlay betting guide.
Teaser Bets – Teaser Rules And Payouts Explained
The sportsbook will have a teaser bet calulator to determine your payout. While each calculator is slightly different, you can expect an even-money payout (or slightly better) on a two-game, 6-point teaser. Teasers are one of the most popular ways to bet on football and basketball.
Teaser betting can be a powerful tool when used correctly, but it’s not a one-size-fits-all strategy. The key is knowing when the extra points justify the added cost and understanding how sportsbooks structure teaser payouts. By learning to spot profitable opportunities—especially in NFL and NBA betting—you can use teasers to manage risk while still making strong, strategic wagers. In conclusion, teasers are one of the more revolutionary bet types available nowadays, but while the https://officialpinup.com/ potential wins can be substantial, the risk is equally high.
Covering a wide range of US sports, we aim to be the ultimate sports betting website. Here you’ll find picks and analysis for the biggest sports across the USA. It may be enticing to subtract points from a spread in the hopes of a few blowout matches, but proceed with caution and understand your sport.
This means that the Giants can now lose by up to 2 points and you would still win the bet. Teaser bets allow you to maximize your chances of winning when betting on the point spread or total markets. This is achieved by modifying point spreads or point totals so they work for you.
- Below, we explain the concept of teaser betting and share a few examples.
- And that’s a pity, as Over/Under bets may offer an even easier pathway to winning than teased point spreads.
- Ultimately, you’ll need to consider your goals and knowledge level when making your wagers.
- You use your knowledge of the various teams to decide who will win, and by adding or subtracting points, you also manage your risk level.
Teaser Betting Strategy Tips
The legal online sportsbooks offer teasers, which is a parlay wager that shifts several points in their favor for a smaller payout. In addition to teasers, online sportsbooks will usually also offer parlay or round robins as an adjustment option in the bet slip. Unlike teaser sports betting, a standard parlay does not give bettors the ability to adjust any elements of the odds or market.
Three-team 6-point NFL and college football teaser with two spread and one total. If you are going to bet teasers with any regularity, be sure to compare sportsbooks’ teaser charts as the pricing and offering can vary quite a bit. Before betting on these games, you decide that you fancy the Steelers but you’re wary of laying -7.5 against an in-form Patriots outfit. This is where using a teaser bet can help you feel more comfortable. So here, the -7.5 changes to -1.5 as you are ‘buying’ six points off the bookie. Similarly, if you’re not entirely comfortable with the +1.5 handicap on the Colt, you can use a teaser bet to boost the margin to +7.5 points, giving you more of a cushion.
As such, it makes them easier to win, unlike the opposite of a teaser, which is a pleaser. A pleaser takes points away making it more difficult to win the line by increasing the spread. For more information on pleasers, please visit the preceding link. The best advice for new bettors eager to place teasers is to take a moment and breathe. Once they’ve found the best sportsbooks for teasers, bettors should stick with them until a more appealing option arrives. On the flip side, you’ve got in-person betting which provides that social interaction that some bettors crave.
Many sportsbooks also offer teaser cards (similar to parlay cards). In most cases, teasers must involve 3 or more teams, and spreads and totals have half points to avoid ties. If the Chiefs win by more than 1 point and the Giants lose by fewer than 10 points or win the game, your teaser bet will be successful. However, your wager will lose if either team fails to hit the adjusted spread. When placing a teaser, the bettor first selects which spreads and/or totals to feature in the bet. Depending on the sportsbook, teasers can be offered from two teams up to 15 or even more.
Alex, a ten-year iGaming industry veteran and Managing Editor at BettingTools specializes in sports betting and betting tools. He also provides insightful reviews, ensures the accuracy of all offers, and maintains content quality helping you make informed choices. By moving them to +8 using a six-point teaser, you would win that selection if they lose by seven (one touchdown with an extra point).
For example, a two-team teaser may see -130 odds applied to six-point adjustments, -140 for 6.5 points, and -150 for 7 points. The odds changes will be the same no matter which markets are wagered on. Spread odds are usually set to -110 odds on either side when the markets open with mild adjustments to the odds based on the betting action.
Let’s also give you an example of a reverse wager using the same teams as above and see how that can lead to much bigger teaser odds and payouts. The main thing to note when placing teaser bets at FanDuel is that if a tie happens in two leg teaser, then that means the bet will be a push, and your stake is refunded. The same situation applies if you have a three-leg teaser and two legs of the bet end in a tie.
A super teaser works by adding even more points in your favor than a standard teaser bet would’ve. Typically, this would mean a 10-point tease (or more) instead of the standard 6-point, 6.5-point, or 7-point teaser for NFL spread betting markets. However, the maximum potential payout is also reduced to offset your increased chances of winning.
As with all sports betting wagers, teaser betting comes with benefits and drawbacks. Here are a few lists to help you understand these pros and cons. The exact payout varies based on the number of selections within your teaser wager and the number of points by which you adjust the lines. Some sportsbooks provide payout tables that explain how much you can win based on the sport and the number of points teased. Same as before – both sides of the bet must cover the spread for the bet to be a winner.
The subsequent safeguard was the one that really hurt, and it remains in place to this day. Books began shading their lines so that opportunities to tease through both the 3 and the 7 were few and far between. That’s why today, bettors see more 6.5- and 3-point spreads than they do 7.5 and 2.
A teaser would make sense if you can give a contending team an extra edge against a slightly better opponent. This is because the teaser adjusts betting lines, and there is no betting line in a moneyline bet. Another negative is that Draftkings does not offer bettors the chance to place wagers on reverse teasers.
Now, Washington has a chance to cover even if the team loses by a touchdown, while the Giants have wiggle room to the tune of two touchdowns. The Broncos only need to win by one touchdown now, compared to two scoring drives in the previous spread. We like that the odds are displayed clearly, and the points slider is straightforward and easy to use. The teasers range includes 6, 6.5, 7, 10 and 14 as both teaser point boosts and reverse teaser point subtractions. The Caesars Sportsbook teaser interface is our second favorite and is very easy to use. All the information can be seen clearly inside the betting slip without the need to scroll.