Teasers must include two or more bets although some books require three or more and the more bets added, the higher the potential payout but also the higher the risk. Just like in parlay betting, every bet included in the teaser must win in order for the teaser to pay out. Even if only one game loses, the entire teaser is graded as a loss. Below, we see an example of an NFL two-team, 6-point teaser where the bettor has teased the Baltimore Ravens from 9.
The bettor now needs the Ravens to win by four or more points and the Bears to win outright or lose by eight or less. Teaser payouts will rise with every game added to the teaser, but more games mean more risk.
The table below shows the payouts for 6, 6. Note that payouts can vary sportsbook to sportsbook. If one of the bets in your teaser ties or pushes with the spread or total, it is removed from the teaser.
Most books will offer a teaser option as you add multiple bets to your bet card, allowing you to select the odds involved and the number of points you want to move, then providing the potential payout. Retail sportsbooks, like those found in Las Vegas, often have a teaser card to work from, showing the available fixed teaser odds, points options, and the designated payouts for the different sized teasers. Bettors can fill out the card and submit it to the ticket writer to place their wager.
A lot of books are aware of this strategy and try to limit it by dealing teaser lines that do not allow this bet, but some places still offer it. Check with your favorite site to see what kind of lines they offer on their teasers. These teasers can include any combination of favorites with a spread of As with parlays, generally speaking, the more teams you add to your teaser, the worse odds you will face.
The chances of two teams covering are obviously better than three teams, or four, or so on. Also, the more points you use in your teaser, the more expensive worse odds the bet. Of course, line shopping is critical here, as it is with any bet.
Searching for an extra half point is crucial and must be done if you are to bet with any level of seriousness. A teaser is a sports bet that is similar to placing a parlay. As its name suggest, a teaser bet is designed to be just that - a tease. You effectively buy points in exchange for pairing at least two bets together.
You can adjust the point spreads, but you will receive a lower return on the bets in the event of a win. As you adjust point spreads, teaser payouts are smaller than traditional parleys. The more points used to tease betting lines, the less the payout will be. A push in a two-team teaser without a losing selection will make the entire bet a push. The same is true if there is no action in one leg of a two-team teaser. A push in a regular teaser of three or more teams results in the payout being recalculated based on the reduced number of teams.
Naturally, if the sportsbook allows you to buy points, it follows that they also allow you to sell points. Perhaps the latter name stems from finding yourself mighty pleased at the hefty payout when you manage to win one. Or, maybe from how pleased the sportsbook operators become when you fire them.
As for strategy, the opposite principles from teaser bets naturally apply. The sharper the market, the more likely the handicap between the two teams is accurate.
Therefore, you rate to profit more by betting pleasers in something like college football or basketball than the NFL. Many bettors have questions about some of the mechanics surrounding teaser bets.
For instance, what happens in the case of a push — say you teased the Patriots in example No. Most books treat teasers like parlays. That is, they simply drop off a push or canceled game and treat it as a teaser with one fewer leg. Relevant rules about games that get canceled, moved or delayed also may apply.
Visit Betway. When betting a teaser, a push will simply drop that leg out, and adjust the payout. The same as a parlay. Sports Betting. Pictured: Chase Young. Steve Petrella. Download App. Read now. How would you rate this article? Follow Us On Social. Sportsbook Bonuses. Sports Betting Calculators.
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