What is a Teaser Bet? » How Teaser Bets Work Explainer Guide

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. Using key numbers is an important factor in football wagering over the long haul and is an important factor when deciding to implement a teaser or not. Teasing a team over a key number or pushing a team below a key number is the best way for teasers to have the desired success rate.

• The key is balancing the number of choices you add to your teaser card and their relative value to maximize profitability on this exciting version of parlay betting.
• Teaser through 0 creates a loss in value between -2 and +2, as ties are quite rare in the NFL, and non-existent in college football.
• Some sportsbooks charge higher juice but offer more favorable tie rules.
• Keep in mind that the exact payouts can vary between sportsbooks, so it’s always a good idea to check the specific odds offered before placing your bet.

The usual payouts for each type of teaser will be covered below, but note that the payout could vary from sportsbook to sportsbook. 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.

But at their core, they’re all about bundling several outcomes into one big, brave, and potentially profitable gamble. In this guide, we’ll decode what these terms actually mean, look at examples, break down the risks, and maybe even help you rethink your betting strategy. The term “teasing” comes from the fact that you’re manipulating the lines to make them more favourable to your predictions. It’s like getting a sneak peek at the potential outcomes and adjusting the betting lines accordingly to give yourself an edge. Some sportsbooks allow bettors to create teasers from a much wider variety of point margins. The format has evolved significantly throughout the years, and not necessarily for the better.

For example, if the Detroit Pistons were +5 point underdogs then you would take them at +10 on a 5 point NBA teaser (spread shifted from 5 points to 10 points). An example of a 7 point NFL teaser would be taking the Chiefs at -6.5 when in reality they are -13.5 favorites. The Philadelphia Eagles are +7 points against the Dallas Cowboys and the Miami Dolphins are +4 against the New England Patriots. A two-team, six-point teaser selecting the Eagles and Dolphins will create a new wager, a two-team teaser, with the Eagles now +13 and the Dolphins now +10. You want to bet the Steelers at -3.5 and the Rams at +7, but you’re unsure about the numbers.

Pros and Risks

Once they’ve found the best sportsbooks https://indiaroobet.com/ for teasers, bettors should stick with them until a more appealing option arrives. Those restrictions aside, constructing a teaser is similar to building a traditional parlay. Bettors choose at least two wagers they want to combine, but instead of betting on the main spread or total, they wager on alternative lines. While it might be tempting to add as many points as possible in a teaser, remember that more points mean a lower potential payout.

By the end, you’ll have a better grasp of how to use teaser bets to your advantage. As we have covered, teasers are most commonly available for basketball and football at US online sportsbooks. This includes both college divisions and major professional leagues such as the NBA and NFL. To ensure that the teaser bet definition is clear, we have provided examples for both sports below. Simply put, a teaser bet is a parlay in which the spread for all selections is moved by a certain margin in the bettor’s favor.

You could adjust this to 56 points with the odds adjusted to -130. A parlay on the original odds and spread would generate a $364.46 win. NFL teams often win by 10, as this number represents one touchdown (plus the extra point) and one field goal. If you can move a line by under or over 10 in your favor, such as teasing an underdog from +6 to +12, this is the type of teaser selection you want to consider. 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). This is an example of a potentially beneficial teaser selection.

What is Arbitrage Betting?

Winning bettors should consider straight bets or parlays instead. Or, break a large Sweetheart teaser into 2 or more smaller teasers. This strategy might seem more risky than betting a generous Sweetheart teaser.

There’s also the ever-pesky “push” — if one leg ends in a draw or is voided (depending on the bookmaker’s rules), it might not kill your bet, just reduce your overall odds. In choosing these three games, bettors can then move each line 6.5 points in the direction of their choosing. In a 5 point NBA teaser the spread for every outcome would be shifted by 5 points in your favor.

Teaser Bets – Teaser Rules And Payouts Explained

If even one team fails, the entire betting accumulator loses. This is the stuff of the occasional “big parlay” headlines that circulate in betting news. When you link several outcomes into one betting slip, you’re no longer just a spectator. You’re forecasting trends, playing the odds like a tactician, and embracing the thrill of high-risk, high-reward gambling. Bump it up to four teams, and the payout jumps to a staggering +6600.