Teaser Bet

Sometimes it’s hard to make a decision when you’re handicapping a football or basketball game. The odds makers make a tough line and it’s challenging to pick a side. However, did you know that you can move those lines? Although they’re not available in hockey or baseball, teasers give you the opportunity to shift the betting odds so that you can get a better number to your liking. Continue reading below to find out more about teasers. If you would like to learn more, please email us at [email protected] and we will connect you with one of our Sports Investment Consultants.

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What Is A Teaser Bet?

A teaser is a type of bet that allows you to shift a point spread in your favor. As a result, you have to give back a portion of your payout. You also have to tease at least two games together, making it into a parlay. Here’s an example:

  1. Dallas Cowboys +3
  2. New York Giants -3
  3. Chicago Bears +6.5
  4. Green Bay Packers -6.5

If you wanted to bet one of these games, then it’s simple: just pick a side. However, if you want to play a teaser, you are forced to play a parlay but you get to shift the line by a certain amount for both bets. Some teasers are as small as six points and can go as high as 14 or even 20 (in rare instances). If you chose to create a teaser with Green Bay and Dallas from the above two games, if you played a six-point teaser, you would move both line in your favor and create a two-game parlay out of them. That means you’d have Dallas +9 instead of +3 AND Green Bay -0.5 in a two-game parlay. Both would have to cover their new spreads for you to win. In a 10-point teaser, you would adjust the lines by 10 in your favor.

In terms of your payout structure, that completely changes. Again, remember that you’re getting a benefit by receiving points. As a result, since your chances of winning increase, you’ll have to take on risk elsewhere (smaller payout, playing a parlay). Here is what a sample football teaser payout structure looks like:

Points 2 team 3 team 4 team 5 team 6 team
6 -120 160 250 400 600
6.5 -130 140 200 350 500
7 -140 120 180 300 400
Points 7 team 8 team 9 team 10 team
6 900 1200 1800 2400
6.5 800 1100 1400 1900
7 700 1000 1100 1400

In basketball, the idea is similar but the amount of points you can receive is different since the sport is played differently.

What’s The Best Strategy With Teasers?

The key with teasers – particularly in football – is to cross as many key numbers as possible. In football, the key numbers revolve around field goals and touchdowns, which means anything related to -2.5, -3, -3.5, -6.5, -7, -7.5, -9.5, -10, -10.5 and so on are all important numbers. You will look to play a teaser that takes a team from -20 down to -14, that’s not bad but you’d rather play a seven point teaser that takes you from -7.5 to -0.5. The key is to get across as many of these key numbers as possible in your teased games.