How to Bet Teasers

What is a teaser?

In recent years the online sportsbooks have come full circle; they are offering all of the popular ways in which to bet. One of the more popular ways of betting is with teasers. A teaser is another type of parlay, it’s put together just as with a parlay and you must play at least two selections. Depending on the individual rules of the sportsbook of choice, will determine the maximum number of selections allowed, the more selections made on a teaser card, the higher the payout will be. In order to win a teaser-bet, the bettor must win every selection. A teaser is not a round robin or any kind of “if” bet. If you are betting a four-team teaser, every selection must come in as a winner. 


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Teasers are a way to bet that beats the published point spreads. When playing a teaser, the bettor will have the option to add or take away from the points spread on any given football or basketball game. 

There are three basic types of teasers that can be played when betting on sports.

1.    Football Teasers
2.    Basketball Teasers
3.    Special Teasers

Football Teasers

Example:

A basic line would look like this:

New Orleans Saints vs. Dallas Cowboys

Cowboys -7
Saints +7
Total 37

The Cowboys are favored to win this game by seven points and the Saints are the underdog. If the bettor plays the Cowboys, they must win by at least 7 points. Should the bettor choose to bet the Saints, they cannot lose by more than 7. NOTE: Should the final score land on 7, or 37 points even—that’s a push and the risk amount will be returned to the bettor. The same is standard with a teaser bet as well, however, the money would not be returned, the teaser would be reduced—minus the team that pushed, and the payout would be in aggregate.

Example:

A teaser line will look like this:

New Orleans Saints vs. Dallas Cowboys

Cowboys Even
Saints +14
Total-Over 30, Under 44

In the example above, we are looking at a 7-point football teaser. When betting NFL as well as betting NCAAF, the popular/standard football teasers are offered at 6, 6.5, and 7 points. 

•    Football Teaser Payouts                                    

6-Point Teasers                                      
Two-Team Teaser: 10/11
Three-Team Teaser: 9/5
Four-Team Teaser: 3/1
Five-Team Teaser: 9/2
Six-Team Teaser: 6/1
Seven-Team Teaser: 10/1
Eight-Team Teaser: 15/1
Nine-Team Teaser: 20/1
Ten-Team Teaser: 25/1

6.5-Point Teasers
Two-Team Teaser: 10/12
Three-Team Teaser: 8/5
Four-Team Teaser: 5/2
Five-Team Teaser: 4/1
Six-Team Teaser: 11/2
Seven-Team Teaser: 9/1
Eight-Team Teaser: 12/1
Nine-Team Teaser: 15/1
Ten-Team Teaser: 20/1

7-Point Teasers
Two-Team Teaser: 10/13
Three-Team Teaser: 7/5
Four-Team Teaser: 2/1
Five-Team Teaser: 7/2
Six-Team Teaser: 5/1
Seven-Team Teaser: 8/1
Eight-Team Teaser: 10/1
Nine-Team Teaser: 12/1
Ten-Team Teaser: 15/1

Basketball Teasers

Example:

A basic line would look like this:

Sacramento Kings Vs. Chicago Bulls

Bulls -4
Kings +4
Total 227

The Bulls are favored to win this game by four points and the Kings are the underdogs. In order for the Bulls to win the bet, they must win by 4 or more points. NOTE: Should the final score land on 4, or 227 points even—that’s a push and the risk amount will be returned to the bettor. The same is standard with a teaser bet as well, however, the money would not be returned, the teaser would be reduced—minus the team that pushed, and the payout would be in aggregate.


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Example:

A teaser line will look like this:

Sacramento Kings Vs. Chicago Bulls

Bulls Even
Kings +8
Total-Over 223, Under 231

In the example above, we are looking at a 4-point basketball teaser. When betting NBA as well as betting NCAAB, the popular/standard football teasers are offered at 4, 4.5, and 5 points. 

•    Basketball Teaser Payouts

4-Point Teasers
Two-Team Teaser: 10/11
Three-Team Teaser: 9/5
Four-Team Teaser: 3/1
Five-Team Teaser: 9/2
Six-Team Teaser: 6/1
Seven-Team Teaser: 10/1
Eight-Team Teaser: 15/1
Nine-Team Teaser: 20/1
Ten-Team Teaser: 25/1

4.5-Point Teasers
Two-Team Teaser: 10/12
Three-Team Teaser: 8/5
Four-Team Teaser: 5/2
Five-Team Teaser: 4/1
Six-Team Teaser: 11/2
Seven-Team Teaser: 9/1
Eight-Team Teaser: 12/1
Nine-Team Teaser: 15/1
Ten-Team Teaser: 20/1

5-Point Teasers
Two-Team Teaser: 10/13
Three-Team Teaser: 7/5
Four-Team Teaser: 2/1
Five-Team Teaser: 7/2
Six-Team Teaser: 5/1
Seven-Team Teaser: 8/1
Eight-Team Teaser: 10/1
Nine-Team Teaser: 12/1
Ten-Team Teaser: 15/1

Special Teasers

A special teaser ups the ante even more and adds points to both basketball and football. Most online sportsbooks offer a special teaser with odds on a 3-team-football teaser-$110/100. The numbers vary between basketball and football as well as do the rules. Be sure to check with your favorite online sportsbook for their latest offerings. The online bookies will often mix up the action with a great special teaser offer but usually not combined with any other offer or special promotion. The “superbooks” of Las Vegas rarely involve themselves in such action and/or at least this is uncommon in most. 

Teasers are a great way to play if you want to give yourself the best chance with multiple teams on the same card. The payouts are very good and albeit, not as good as a traditional parlay, the risk is also much less significant. If you are looking to get past the juice of a standard bet and win some serious money, then look to teasers and special teasers. 

Don’t forget to play the totals on a teaser card. Remember, you can play nothing but totals on a teaser card if that’s how you chose to bet. Playing the totals and handicapping for the totals is a great idea in either sport, this way you are rooting for the total, not a side. No matter how you play teasers, have fun, do your homework and hopefully win a lot of money. 

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