Football Teaser Bet
Teaser bets are a very popular sports bet. Especially in football and basketball, because a football teaser bet allows you to adjust the point spread in your favor. Teasers allow you to have an advantageous point spread while selecting 2 to 8 teams or more depending on the sportsbook. You may tease a side or a total of a football game and also cross sports by teasing football games with basketball games.A teaser bet is kind of like a parlay, but you are buying points in your favor as it relates to the point spread. For instance, let's say that you wanted a three team 4 point teaser for Sunday's football games.
If you’re new to sports betting, a two-team six-point teaser is a bet in which you get to move the line six points in your favor on both teams — but then both teams have to cover those new spreads for you to win your bet. If you see a pair of 10-point favorites, you could move both down to -4 in a two-teamer. A teaser bet is a bit of a parlay bet, which allows players to reduce their risk. A teaser bet offers the opportunity to bet on point spreads or game totals, and then “tease” or adjust the line to give them a better chance of winning. Of course, their chances to win come at a cost? Which is reduced odds. A teaser is a sports bet that is similar to placing a parlay bet. Both types of wagers are made by selecting two or more events to occur. Like a traditional parlay, each event selected for a teaser must win in order for the player to win to win the bet. What is a Teaser Bet? In layman terms, a teaser is a parlay bet that uses modified point spreads. In football, the most common modification is six points. So let’s say this week there are three. What is a NFL Teaser Bet? A teaser bet is a group of straight bets (two or more) combined into one bet, where each individual line has been shifted to your favour by the number of points of the teaser. There are three main NFL teasers.
- Let's say that you picked these three teams to win:
- Washington Redskins to win
- Pittsburgh Steelers to win
- Detroit Lions to win
Now let's say that all three of these teams were 6 point underdogs. So, in the three team, 4 point teaser, you would get an extra 4 points in each game, meaning that instead of a 6 point spread, it would be a ten point spread. A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. As well because you are 'buying' points, the win return is smaller.
Use our Teaser Calculator to determine the outcome of any particular teaser combination. Our Teaser Calculator allows you to select up to 12 teams in a teaser bet.
Although a little more advanced than a normal moneyline or spread bet, NFL Teaser Betting is fairly popular at sportsbooks during the NFL season. Teaser bets account for over 15% of sportsbooks handles for NFL betting, and is continuously becoming more popular.
NFL teaser betting is more common with intermediate or advanced bettors, but it isn’t a hard concept to understand – I will explain how NFL teasers work below.
What is a NFL Teaser Bet?
A teaser bet is a group of straight bets (two or more) combined into one bet, where each individual line has been shifted to your favour by the number of points of the teaser.
There are three main NFL teasers – 6, 6.5 and 7 point teasers.
In a 6 point NFL teaser the line would be shifted by 6 points in the favour of the bettors play. For example if you wanted to take the Ravens -8, it would be converted into Ravens -2 within a teaser bet. The spread was shifted 6 points (from 8 points down to 2 points). Another example would be if you wanted to play the Chiefs -2.5. In a 6 point teaser the -2.5 line would be changed to Chiefs +3.5.
The same rule is applied for 6.5 and 7 point NFL teasers, except, of course, the line is shifted by either 6.5 or 7 points instead of the 6 points shown in the example above. NFL teaser bets must include two or more bets “parlayed” (cannot do single teaser bets).
NFL Teaser Example
Here is what a two team 6.5 point NFL teaser bet would look like:
Your selections: Pittsburgh Steelers +3 and Dallas Cowboys -4.5
In a 6.5 point teaser these would then be changed to: Steelers +9.5 and Cowboys -2
In order for you to win the teaser bet both incomes would have to be correct. If one selection was a push the bet is often refunded, but some sportsbooks will count it as a loss if the other selection lost (check your sportsbooks‘ rules).
Below is another example of a teaser bet that I recently placed and won. I teased the Vikings and Eagles from +2.5 up to +8.5 in a 2 team 6 point teaser.
NFL Teaser Bet Payouts
What Is A Teaser Bet
Every sportsbook will have their own payouts and rules for teaser bets. Our favorite sportsbook for getting the best NFL odds is 5Dimes.eu. Of course the more points you use on the teaser the lower the payout will be, and the more teams you include in the teaser bet the higher the payout will be.
Here are the NFL Teaser Payouts at 5Dimes (subject to change):
6 Point NFL Teaser Bet Payouts
2 Teams – (+100)
3 Teams – (+180)
4 Teams – (+300)
6 Point Teaser Football Betting
6.5 Point NFL Teaser Bet Payouts
2 Teams – (-110)
3 Teams – (+165)
4 Teams – (+265)
7 Point NFL Teaser Bet Payouts
2 Teams – (-120)
3 Teams – (+150)
4 Teams – (+240)
Of course you can choose more than 4 teams in your NFL teaser bet, I just used these as example payouts so you could get a feel for what the payouts are like on teaser bets. Full payout charts can usually be found at the sportsbooks website.
3 Team Teaser
Now that you know what teasers are check out this advanced Teaser Betting Strategy article written by our professional sports bettor, Jim. In the article you will learn when teasers are +EV and how you can make a profit during the season picking spots to bet teasers.