Whats A Teaser Bet

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A ‘Teaser‘ bet is one of many popular ways to bet on sporting events and is only growing in popularity with the rise of sports betting availability in the U.S.It is particularly prominent with online bookmakers who allow you to place teasers on some of the more popular sports in the country like football and basketball. A teaser (or a 'two-team teaser') is a type of gambling bet that allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win. A teaser is a type of wager used in sports betting, most commonly in basketball and football. A teaser bet is a slightly advanced wagering concept. In a nutshell, you’re moving the spread on a wager to a spot that you find more favorable. Teasers are most commonly used in football and basketball betting, two sports in which the point spread attracts a ton of action. A teaser bet is a group of straight bets (two or more) combined into one bet, where each individual line has been shifted to your favor by the number of points of the teaser. There are three main NFL teasers – 6, 6.5 and 7 point teasers. Claim your risk-free bet up to $500 at DraftKings Sportsbook. Teaser bet ties. If one of the bets in your teaser ties or pushes with the spread or total, it is removed from the teaser. A three-team teaser that finishes with one push would be graded as a two.

Whats

A teaser (or a 'two-team teaser') is a type of gambling bet that allows the bettor to combine his bets on two different games.[1] The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.

A teaser is a type of wager used in sports betting, most commonly in basketball and football. This wager is a multi-team wager, allowing the bettor to choose a minimum of two teams up to, in some cases, 15 teams. The bettor will get points on his favor to add or subtract to the teams chosen to improve the point spread chosen.

There are two types of teasers. The first kind, known as a 'Super Teaser,' 'Special Teaser,' 'Big Teaser,' or 'Monster Teaser, ' allows the bettor to choose three, four, or in some cases five teams, and gives a larger number of points to add or subtract to the spread of the selections chosen. In return, the bettor will receive less money than the one risked in the bet.

The second type of teaser, known as a 'Vegas Teaser,' or simply a 'Teaser,' is more of a combination between a parlay and the first teaser explained. In this case, the bettor will receive fewer points to adjust the spread of the selections chosen, but the more teams chosen in the wager (from two to 15 in some cases), the higher the payout will be.

Example[edit]

Super Bowl XLV: Pittsburgh vs. Green Bay

Normally, if these bets are played together as a parlay, a bettor will win $260 on a $100 bet. However, with a teaser, the bettor will win $100 on a $110 bet, 10 to 11 odds. The reasoning is that one will get 6 points to adjust the spread (in either direction).

If one bets on Pittsburgh, a +2.5 underdog, they are now +8.5 underdogs (+2.5 + 6).

If one bets on Green Bay, a -2.5 favorite, they now become +3.5 underdogs (-2.5 + 6).

Bet on the over and the line is 39.5 (45.5 - 6).

What Is A Teaser Bet Fanduel

Bet on the under and the line is 51.5 (45.5 + 6).

Many bettors like the teaser bet because it gives the bettor more cushion, but like a parlay, one must hit all aspects of the bet to win.There is still debate among experienced sports bettors if teasers are good wagers or not. Opinions vary on the subject, with some believing they are poor option, while others believe they are worthwhile, especially as more games tend to fall close to the point spread.[1]

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. Cards are usually printed in the morning (Every Wednesday morning for football) and the lines on the cards are fixed, though the book reserves the right to take the games off the board.

See also[edit]


References[edit]

  1. ^ abMoody, Allen. 'Sports Betting - How to Bet Teasers'. Archived from the original on 2008-09-30. Retrieved 2018-06-26.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Teaser_(gambling)&oldid=879242324'

You’ve probably heard the typical items to bet on sports whether it’s the point spread, moneyline, or point totals. Those are the major three categories when it comes to sports betting, but there are plenty of opportunities worth exploring.

Teasers are more advanced and can be a little more complicated than the industry’s more basic terms and may need some explaining, but we’re here to help you understand it all and how it works.

Teaser betting explained

A teaser bet is similar to parlay bet in that it requires multiple outcomes to be correct for the bet to be a winner. It’s an all-or-nothing style of bet that can be a useful tool when analyzing the betting board. A teaser is different from a parlay in that the sports bettor is in control of the lines whether it’s a point spread or point total. Spreads and totals may be modified in whichever direction the gambler decides to make for a better winning opportunity.

While the ability to shift numbers in your direction makes for an easier chance at a winning bet, the payout in a teaser bet is typically smaller than the payout of a parlay bet, which is another difference between the two strategies.

The basics of teasers

Teasers are most commonly used when betting on football and basketball, as both see a significant amount of points scored compared to the other major sports. With the point spread and point totals as large components of wagering both sports, it provides an opportunity for betting teasers.

Sportsbooks typically will give football bettors the chance to tease 6, 6.5, and 7 points. When you look at the point spread or point total for a particular game, you can choose to add your teaser points to the sides or totals you’d like for multiple outcomes.

One aspect to watch when analyzing NFL and college football teasers is key numbers. The most important numbers in football betting are three and seven, as those two numbers have the highest chance of winding up as the final deficit in games.

In basketball, sportsbooks typically will offer teaser numbers of 4, 4.5, and 5 points for sports bettors to choose from.

If all the combinations you select are winners, you win the bet. If just one of the outcomes falls short, the bet is a loser no matter how many winners you selected in the teaser.

Football teaser payout chart

The more points added to your preferred side or total, the less of a payout there will be if the bet eventually becomes a winner. For example, if you’re betting a football game and take seven points on the teaser, there would be less of a payout than there would be if you teased six points.

Sportsbooks may differ when it comes to payouts on teasers, but most have agreed on a standard of how they operate up to ten outcomes.

For six-point teasers:

  • Two-team teaser: -110
  • Three-team teaser: +180
  • Four-team teaser: +300
  • Five-team teaser: +450
  • Six-team teaser: +600
  • Seven-team teaser: +1,000
  • Eight-team teaser: +1,500
  • Nine-team teaser: +2,000
  • 10-team teaser: +2,500

For 6.5-point teasers:

  • Two-team teaser: -120
  • Three-team teaser: +160
  • Four-team teaser: +250
  • Five-team teaser: +400
  • Six-team teaser: +550
  • Seven-team teaser: +900
  • Eight-team teaser: +1,200
  • Nine-team teaser: +1,500
  • 10-team teaser: +2,000

For seven-point teasers:

  • Two-team teaser: -130
  • Three-team teaser: +140
  • Four-team teaser: +200
  • Five-team teaser: +350
  • Six-team teaser: +500
  • Seven-team teaser: +800
  • Eight-team teaser: +1,000
  • Nine-team teaser: +1,200
  • 10-team teaser: +1,500

The payout increases quite a bit with the more teams you add, but the payout is less the higher the teaser number is.

Basketball teaser payout chart

Basketball payouts are similar to football. Here they are:

For four-point teasers:

  • Two-team teaser: -100
  • Three-team teaser: +180
  • Four-team teaser: +300
  • Five-team teaser: +500
  • Six-team teaser: +700
  • Seven-team teaser: +1,000
  • Eight-team teaser: +1,500
  • Nine-team teaser: +2,000
  • 10-team teaser: +2,500

For 4.5-point teasers:

  • Two-team teaser: -110
  • Three-team teaser: +160
  • Four-team teaser: +250
  • Five-team teaser: +400
  • Six-team teaser: +600
  • Seven-team teaser: +900
  • Eight-team teaser: +1,200
  • Nine-team teaser: +1,500
  • 10-team teaser: +2,000

For five-point teasers:

  • Two-team teaser: -120
  • Three-team teaser: +150
  • Four-team teaser: +200
  • Five-team teaser: +350
  • Six-team teaser: +500
  • Seven-team teaser: +800
  • Eight-team teaser: +1,000
  • Nine-team teaser: +1,200
  • 10-team teaser: +1,500

Follow the lines

This is more for more experienced bettors but having a general sense of where a line will move before game time can provide an even greater chance at picking a winner. When the oddsmakers set their initial lines on the point spread or point total, it’s not uncommon for the number to change depending on where the majority of bets are coming in. If you have a good hunch on which side or total the largest amount of money will come in on, you might be able to snag a half-point or more to your side for an even larger advantage to your teaser.

Football has the most movement since lines are usually put out well in advance of the start of the game.

What about a push?

A push is the gambling term for a tie. If you put together a three-team teaser and one of the outcomes lands right on the number you’re betting on, that’s called a push. Sportsbooks handle pushes differently with teasers, but typically the outcome that resulted in a push is eliminated from the teaser bet. If it’s a three-team teaser, the bet that finished in a push is taken out as if it never happened and you’re now playing a two-team teaser.

Examples

Now that you’ve read the basics of betting teasers, let’s put what you’ve learned into examples to give you an even better understanding. Let’s dive in.

Betting teasers in NFL

After analyzing the betting board, let’s say you are interested in the home teams and want to add a little extra to their number with a teaser. In this scenario, you’re picking the Packers, Lions, and Eagles to cover in your teaser. Here’s what the board initially looks like before you add in your teaser points.

  • Packers -3
  • Lions +2
  • Eagles -6.5

Let’s say you decide on a seven-point teaser. After putting that into effect, here’s what your gambling card looks like now:

  • Packers +4 vs. Vikings
  • Lions +9 vs. Bears
  • Eagles +0.5 vs. Cowboys

The teaser added seven points to each outcome. Instead of needing the Packers to win by more than three points, now all the Packers need to do is win or lose by three points or less. The Lions need to win or lose by less than nine, and the Eagles turned from 6.5-point favorites to 0.5-point underdogs.

If all the outcomes wind up coming true, the bet is a winner. Since this is a three-team teaser at seven points each, the odds would be set at +140, which means a $100 bet would net a $140 profit.

If any of the outcomes fail, the entire bet is a loser.

Betting teasers in NBA

Let’s head to the NBA for our next example. For this one, say you think offenses are being undervalued in terms of how many points they will score on this day. While you’re confident the point total is going to go over, you protect yourself with a four-point teaser on the following slate of basketball games:

  • Bucks/Celtics: 215
  • Lakers/Cavs: 201.5
  • Warriors/Thunder: 208
  • Suns/Pistons: 203.5

Since you’re rooting for the over, we will subtract four points to make the point total mark easier to hit. After the teasers are placed, here’s what your betting card looks like now:

  • Bucks/Celtics: 211
  • Lakers/Cavs: 197.5
  • Warriors/Thunder: 204
  • Suns/Pistons: 199.5

Just like all teasers, you must succeed on each outcome for a winning bet. If you get a four-teamer teased at four points correctly, the odds are set at +300, so a $100 bet turns into a $300 profit with a winner.

Betting teasers in college football

For our third and final example of teaser betting, let’s look at a slate of college football games. In this scenario, we will take point spreads and point totals and combine them into a four-team teaser.

What Is A Teaser Bet Nba

  • Ohio State -10 vs. Michigan
  • Clemson -7.5 vs. South Carolina
  • Michigan State/Rutgers: 49.5
  • Alabama/LSU: 55

For Ohio State, you think they will beat Michigan, but 10 points might be too much, so you tease that number down seven points, and you do the same with Clemson against South Carolina.

What Is A Teaser Bet Nfl

With Michigan State and Rutgers, you think the over will hit, so you subtract seven points. Finally, for Alabama and LSU, you are confident fewer points will be scored, taking the under and adding seven points.

After all the teasers are placed, the board now looks like this with your four-team teaser:

  • Ohio State -3 vs. Michigan
  • Clemson -0.5 vs. South Carolina
  • Michigan State/Rutgers: 42.5
  • Alabama/LSU: 62

In the example, let’s say Ohio State winds up beating Michigan by exactly three points with a final score of 23-20. That’s a push, so that bet is eliminated. Your four-team teaser is now a three-team teaser.

What Is A Super Teaser Bet

If you get the rest of them correct, three teams teased at seven points will be at +140 odds. A $100 bet nets you $140.

How to Bet Guides

What Is A Betting Teaser Card

Key takeaways on teaser betting

Sports bettors have the opportunity to modify the lines. All outcomes need to be correct for a winning bet. The more outcomes added, the higher the potential payout will be. The more points added to the teaser, the less the potential payout will be.