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How Do Sports Betting Teasers Work
- How Do Sports Betting Teasers Worksheets
- How Do Sports Betting Teasers Worksheet
- How Do Sports Betting Teasers Work At Home
- How Does A Teaser Bet Work
Teasers are one of the more advanced wagers in sports
betting. This is a wager you should definitely learn about
though, even as a beginner, as it provides opportunities to
place relatively low risk wagers which can still provide a good
return.
A teaser is another type of wager available to bet on sports. A Teaser is not a straight bet, but is more similar to a parlay, but comes with much different odds and odds of winning. Often under-utilized, the teaser can be a valued weapon in a bettor’s arsenal if they know how to use them correctly. Sportsbooks offer teasers for basketball betting too. The most common types of basketball teaser bets are selecting two or three teams and teasing NBA lines by 4, 4.5 or 5 points. Below are some point-spreads you might see on a betting board: Lakers -7.
In this article we explain in detail how teasers work, but we
should point out that you need to already understand a few
things if it’s going to make any sense to you. For one thing you
should know how odds work, because odds are a basic component of
any wager. You should also know how parlays, point spread bets,
and totals bets work.
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Sports Betting Teasers Explained Odds
If you’re not yet familiar with any of these subjects, you
can find what you need to know on the following pages.
The Basics of Teasers
Teasers are essentially a type of parlay, in that they
involve making multiple selections as part of a single wager.
All selections have to win for the bet to be successful. The
selections included in a teaser must be based on either point
spread bets or totals bets. As such, teasers are typically
available only for football and basketball.
What is sports betting? Sports betting involves staking on the outcome of sporting events. Bettors attempt to predict the result of an event in order to win their bet - and potentially profit. What are sports betting odds? Put simply betting odds are representations of probability. A Teaser gives you extra points against the spread. What is a teaser bet? How does a teaser bet work? A teaser is a type of Football or Basketball bet that new bettors should learn how to use at their sportsbook. A teaser is like a parlay, but you get extra points added to spreads and over unders in your favor. DDC Video 8 What is a teaser bet and how does it work? What are the pros and cons of playing a teaser bet? How is a teaser similar to a parlay? A teaser is a type of sports bet that allows you to adjust the point spread on multiple games, but requires you to win every game to cash the bet. The sportsbook isn’t giving you those six points for free, though, adjusting your payout based on how many points you’re buying and how many games you picked.
The main feature of teasers is that you are able to move the
spreads or totals lines in your favor, increasing your chances
of winning. Let’s take a look at the betting for an upcoming
football match so we can explain how this works in practice.
As you can see, the Kansas City Chiefs are given 3.5 points
on the spread here. If you were including a point spread bet on
the Chiefs in a parlay, or just making a straight bet on the
spread, you would need them to lose by three points or less (or
win). As a selection in a teaser, however, they would be given
extra points. If you included them in a six point teaser, for
example, they would be given 9.5 points on the spread, meaning
they could lose by up to nine points and the selection would
still be a winner.
How Do Sports Betting Teasers Worksheets
The same principle applies if you’re betting on the totals.
The line is set at 46.5 for this match, which means if you went
for the over you would need the total points scored to be 47 or
more. In a six point teaser the line would be moved to 40.5,
which means 41 or more would be good enough. If you went for the
under, the six point swing would be in the other direction, and
the line would move to 52.5.
As you can see, teasers can make it significantly easier to
get your selections right. The downside is that the payouts are
lower than in standard parlays, which we’ll get to later.
Teaser Variables
The main variable with teasers is the number of points that
the spread or totals lines are moved by. With football teasers
you’ll find most bookmakers and online betting sites offer
three options – 6, 6.5, and 7 points. With basketball the three
options are usually 4, 4.5, and 5 points. These aren’t set in
stone though, and some places will offer even more flexibility.
Another variable is the number of selections you include in a
teaser. With most bookmakers, online and offline, the minimum
allowed is two and the maximum allowed is ten. This isn’t
always the case though. Some places may require more than two
selections or allow more than ten.
The payouts for teasers also vary. The more the spreads and
lines are moved in your favor, the lower the payouts will be. So
a 7 point football teaser will have lower payouts than a 6 point
football teaser. Payouts also change based on the number of
selections, as they do with a standard parlay. The more
selections included, the higher potential payouts. Remember,
though, that including more selections also increases the
chances of one or more of them losing.
Example Payouts
The following charts show some example payouts based on the
number of points and the number of selections. Please note that
the payouts for teasers won’t always be exactly the same with
every bookmaker and sports betting site, but the examples here
provide a good guide.
| Football Teaser Payouts | |||
|---|---|---|---|
| # of Selections | Payout Odds (6.0 Points) | Payout Odds (6.5 Points) | Payout Odds (7.0 Points) |
| 2 | 10/11 | 10/12 | 10/13 |
| 3 | 9/5 | 8/5 | 7/5 |
| 4 | 3/1 | 5/2 | 2/1 |
| 5 | 9/2 | 4/1 | 7/2 |
| 6 | 6/1 | 11/2 | 5/1 |
| 7 | 10/1 | 9/1 | 8/1 |
| 8 | 15/1 | 12/1 | 10/1 |
| 9 | 20/1 | 15/1 | 12/1 |
| 10 | 25/1 | 20/1 | 15/1 |
| Basketball Teaser Payouts | |||
|---|---|---|---|
| # of Selections | Payout Odds (4.0 Points) | Payout Odds (4.5 Points) | Payout Odds (5.0 Points) |
| 2 | 1/1 | 10/12 | 10/13 |
| 3 | 9/5 | 8/5 | 7/5 |
| 4 | 3/1 | 5/2 | 2/1 |
| 5 | 9/2 | 4/1 | 7/2 |
| 6 | 6/1 | 11/2 | 5/1 |
| 7 | 10/1 | 9/1 | 8/1 |
| 8 | 15/1 | 12/1 | 10/1 |
| 9 | 20/1 | 15/1 | 12/1 |
| 10 | 25/1 | 20/1 | 15/1 |
Teaser Example
To further illustrate exactly how teasers work, we’ll look at
an example teaser based on the following three football matches.
Let’s assume you decide to place a three team, six point
teaser, for a stake of $50. You select the Kansas City Chiefs,
the Dallas Cowboys, and the Atlanta Falcons on the spread. You
would need the following three results to win this teaser.
- Kansas City Chiefs to win, or lose by nine points or
less. - Dallas Cowboys to win, or lose by less than nine points.
A nine point loss would be a push. - Atlanta Falcons to win, or lose by a single point. A two
point loss would be a push.
If all three results came in, then you would win $90 based on
odds of 9/5. You’d also get your stake back of course. If just
one result went the wrong way, you would lose your $50 stake.
Sports Betting Numbers Explained
You can see that a push is a possibility in two of the games.
The rules relating to pushes varies at different bookmakers and
betting sites, but what generally happens is that a push means
that selection is effectively removed from the wager. If the
Cowboys lost by exactly nine points, for example, then that
selection wouldn’t count anymore. You’d be left with a two team
teaser. If the other two results came in, then you would win at
reduced odds of 10/11.
Sports Betting Terms Explained
Now that you understand how teasers work, you might want to
learn how best to use them to your advantage. We can help you
with this, because we have provided a strategy article with advice on
football teasers.
Teasers are similar to parlays, in that all the teams selected in your wager (the number of teams is often determined by the sport) must win or the bet loses, but there’s one key difference. In a teaser, you’re allowed to move the point spread in any direction you like. Traditional basketball teasers allow you to move the line 4, 4.5, or 5 points, while with football teasers you may move the point spread 6, 6.5, or 7 points. Many US sportsbooks offer “sweetheart teasers” and the like, allowing the odds to move 10 points or more, but obviously, the payouts are much lower on a 14-point football teaser than on a 6-point teaser.
If the Green Bay Packers are -7 against the Chicago Bears, you can move the line in either direction, so if you bet a 6.5-point teaser, you can lay Green Bay -.5 points or take Chicago +13.5 points. For this reason, payouts on teasers are much less than they are for parlays.
How Do Sports Betting Teasers Worksheet
A number of teaser sportsbooks consider ties as losses with teasers, while others reduce the number of teams in your teaser if one of them ties. It’s best to read the rules of the individual sportsbook before placing your wager.
Most sportsbooks allow bettors to tease totals as well, and again, the Monday night teaser with the side and total is popular during football season, especially with those who bet through illegal bookmakers; gamblers who are down for the week make one last attempt to get even.
The odds on football are dependent on the number of points a bettor wishes to move the line. A two-team 6-point teaser is typically -110, same as a traditional flat bet. A 6.5-point teaser is -120 (risk $120 to win $100), while a 7-point teaser is -130. The odds on teasers do vary between sportsbooks, so it’s wise to shop around before placing a bet.
Football teasers are typically limited to between six and eight teams, while some sportsbooks accept 10-team teasers. As with parlays, the number of teams you choose determine the payout for your bet. A three-team 6-point teaser might pay 9-to-5, while a six-team 6-point teaser pays 6-to-1.
How Basketball Betting Teasers Work
How Do Sports Betting Teasers Work At Home
Basketball teasers work the same as football teasers, although bettors are only allowed to move the point spread between 4 and 5 points. A two-team 4-point basketball teaser requires the bettor to lay odds of -110, while a 4.5-point basketball teaser is -120. A 5-point basketball teaser requires the bettor to lay -130 odds.
How Does A Teaser Bet Work
Again, the number of teams allowed in a basketball teaser is typically six to eight, although a few sportsbooks make exceptions and allow more. Several sportsbooks offer larger teasers, such as 7 or even 10 points.