A teaser bet is a type of parlay bet used in sports betting that enables the bettor to alter the Over/Under or point spread by a specific number of points. Great, isn’t that right? The catch is that in order for the total teaser bet to succeed, many bets must be connected together as part of it, and each of those bets must be successful.
How does a teaser wager function?
The most typical teaser is a 6-pointer, which gives you the option to add or take away six points from a spread or total as you see fit. You might also discover 6.5-point and 7-point teasers because some sportsbooks provide different point amounts for teasers.
The number of bets in a teaser must be two or more (but some books need three or more), and the more bets added, the bigger the possible reward but also the greater the danger. The teaser will only pay out if all of the bets in it win, much like in parlay betting. The entire teaser is marked as a loss, even if only one game fails.
The Baltimore Ravens were teased from 9.5-point favorites to -3.5 while the Chicago Bears were teased from 2.5-point underdogs to +8.5 in the sample NFL two-team, 6-point teaser below.
Now, the bettor wants the Ravens to win by four points or more, and the Bears to either win easily or suffer a loss of eight points or less. In the event that both of these occur, the bettor would win at odds of -110, making a $110 teaser wager profitable by $100.
Teaser payouts and odds
With each new game added to the teaser, payouts will increase, but additional games also increase the danger. The payouts for choosing two games, three games, and four games for 6, 6.5, and 7-point teasers are shown in the table below. Payouts can differ from sportsbook to sportsbook.
|Teaser size||6 Points Odds||6.5 Points Odds||7 Points Odds|
Online sportsbooks’ teasers for wagering
The majority of “off the board” teasers, which draw spreads and totals from the current odds rather than a predefined set of odds designated for teaser betting, are among the teaser betting options available at online sportsbooks.
When you add numerous bets to your bet card, the majority of bookies will provide you a teaser option that lets you choose the odds and the number of points you want to advance before showing you the potential payout.
Some online sportsbooks demand that you choose different spreads and combine those wagers with their adjusted juice/vig.
Playing live betting teasers
Retail sportsbooks, like as those in Las Vegas, frequently feature a teaser card to operate from, displaying the fixed teaser odds that are offered, the points alternatives, and the allocated payouts for the various sized teasers. To place their stake, bettors can fill out the card and hand it to the ticket seller.
The designated ID rotation numbers assigned to each game are used by bettors to indicate the spread or total they want to tease and by how much when placing “off the board” teaser bets. A minimum of three active games are required by several Vegas sportsbook rules for each teaser.
Super Teaser Cards for NFL
A form of the teaser bet called an NFL super teaser card enables gamblers to alter the spread or total by a significant number of points, typically 7.5 points or more. The rewards are adjusted to reflect the number of points provided for line movement, and these bets frequently call for at least three bets each teaser.
Teaser wagering tactics
While some players view teasers as “sucker bets,” there are tried-and-true methods to assist you maximize your teaser wagers.
- Football’s scoring system makes certain numbers crucial when discussing point spreads; these include 3, 6, 7, and 10. This is because these margins decide the bulk of NFL games. The likelihood that your teaser bets will cover the spread increases if you use teasers to move off and through these crucial numbers.
- When it comes to teasing spreads through zero, there are different points of view. When shifting the spread with a teaser bet, zero is regarded as a dead number and a point that was wasted because NFL games rarely finish in ties. But changing a short favorite to a short underdog, which necessitates a move through zero, has a track record of success.
- While there are teasers available for college football, it may be more difficult to profit from their worth due to the NCAA game’s turbulence and the bigger point spreads. The NFL has more consistency and parity, which makes it simpler to identify value when placing teaser bets.
- Although point spread teasers may be more popular, there are important numbers to take into account when adjusting Over/Under totals up and down. 37, 41, 44, 47, and 51 are those numbers. Dropping the points on lower numbers and picking the Over are the two teaser moves that revolve around those totals that are most successful.
Backward teasers (pleasers)
Reverse teasers, often referred to as pleasers, let you change the total by a specified amount of points before placing a wager. For example, you may change a total from 46 to 40 points before placing a wager on the Under in order to avoid losing money on the Over.
The danger of losing those bets is larger since pleasers alter the spreads and Over/Under totals in a disadvantageous manner, but the possible payoff reflects that and gives a greater return.
The Baltimore Ravens would go from -9.5 to -15.5 in a two-team 6-point reverse teaser, and the Chicago Bears would go from +2.5 to -3.5. That increased risk pays off at +600 odds as a result of the pleaser boosting the Ravens’ point spread and elevating the Bears to favorites.
Do teaser bets merit your time?
Teaser bets usually carry a higher level of risk since they include numerous outcomes. The likelihood that one of the games may yield results outside of both the teased and conventional lines increases as more games are added to the teaser.
To enhance your chances of winning, however, keep the value of your teaser stake small (two or three games) and take advantage of the movement of the points by pushing through important numbers.