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A teaser is a type of wager used in sports betting , most commonly in basketball and football. This wager is a multi-team wager, allowing the bettor to choose a minimum of two teams up to, in some cases, 15 teams. The bettor will get points on his favor to add or subtract to the teams chosen to improve the point spread chosen.
There are two types of teasers. The first kind, known as a "Super Teaser," "Special Teaser," "Big Teaser," or "Monster Teaser, " allows the bettor to choose three, four, or in some cases five teams, and gives a larger number of points to add or subtract to the spread of the selections chosen. In return, the bettor will receive less money than the one risked in the bet. The second type of teaser, known as a "Vegas Teaser," or simply a "Teaser," is more of a combination between a parlay and the first teaser explained.
In this case, the bettor will receive fewer points to adjust the spread of the selections chosen, but the more teams chosen in the wager from two to 15 in some cases , the higher the payout will be. Green Bay. The reasoning is that one will get 6 points to adjust the spread in either direction. Many bettors like the teaser bet because it gives the bettor more cushion, but like a parlay, one must hit all aspects of the bet to win.
There is still debate among experienced sports bettors if teasers are good wagers or not. Opinions vary on the subject, with some believing they are poor option, while others believe they are worthwhile, especially as more games tend to fall close to the point spread. Many sportsbooks also offer teaser cards similar to parlay cards.
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. The attraction to teasers might be that they appear easier to win. Changing the point spread and point total make the wagers appear to be easier to win.
Winning multiple bets, no matter the point spread is never easy. However, the adjusted lines should help bettors find a little more confidence in their bets. The payout from the sportsbook for a teaser is lower than a parlay since these are anecdotally easier to win.
The easiest way to comprehend a teaser is to see an example. The same teaser will pay less if the point spreads or totals are teased by 6. All sportsbooks offer a variety of teaser cards for football season. Football games can be teased by 6, 6. Sportsbooks offer teasers for basketball as well. However, they offer fewer basketball teaser cards than football. Basketball games can be teased by 4, 4. A teaser in a land-based casino can be done in two ways.
The in-person process can be confusing and time-consuming.
Any teaser, besides a 2-team teaser is graded as a loss. The vast majority of sportsbooks offer teasers that count pushes as a reduction in the number of teams and not as a loss. Almost all US-facing sportsbooks will offer sweetheart teasers, also known as monster teasers. These bets are normally 10 3-team teasers but have unique rules. I cover sweetheart teasers in depth on this page. Below are the listed NFL teaser odds for Bovada.
As you can see, the odds increase dramatically as players start to reach the higher numbers of teams. Also, if players want to buy more than six points it will cost them. Of course, bettors will pay big if they want a 20 point teaser, and it will vastly decrease the amount they stand to win on the wager. Those that bet NFL parlays may come over to teasers and wonder why the odds are so much worse for bettors. For one, bettors are getting more points in their favor, but the other reason is that a teaser is the only bet which a sportsbook offers that can be beat from both sides, even if they receive balanced action.
Let me show you what I mean. If Pittsburgh wins the game by a final score of , all of the above bets win. However, if the books can lose big, they can also win big. This same situation may happen in reverse, but go in favor of the sportsbooks and they can scoop up the profits from teaser bettors. Also, certain types of teasers have had a lot of success over the years, especially Wong Teasers , which have forced bookies to decrease the overall teasers and have even pushed them off certain numbers.
He analyzed common teasers of 6, 6. His results were rather conclusive, and he found that sportsbooks held a rather large edge on NFL teasers. Interestingly, he found that for the more commonly bet teasers of 6 or 7 points that away teams and overs were marginally better than home teams and unders. Teasers are similar to parlays, in that the edge of the sportsbooks increases as the number of picks or teams in the teaser increases. So, if bettors want to have a chance at betting the sportsbooks with teaser bets, they better stick to 2 or 3-team teasers.
This is a significant edge, and it only gets worse from there. As the number of teams get higher, the odds get worse and worse for NFL bettors. This massive edge is impossible to beat, making teasers a sucker bet in many cases. Wong Teasers, as mentioned on Intense Gambling have been proven to be profitable with the appropriate odds, and I discuss this in-depth here.
But, long term, teasers in most situations are not wise bet for bettors. Though we just discussed that most teasers are not profitable for bettors, there is a reason why it is called gambling. Firstly, finding a sportsbook with the best odds and options is vital. Making sure that the book gives no action on 2-team teaser in which one game pushes is also crucial.
If you want to bet teasers with a variety of options, such as teasers higher than teams or sweetheart teasers, be sure to check that the book is offering these wagers before signing up. Try to formulate your own strategy for NFL teasers and use some of the tips and information written by Intense Gambling.
A 6-point, two-team football teaser is most common, but you can get real creative with teasers if you want. Betting teasers is in general a -EV decision. But then again, so is all sports betting if you have no edge. A two-team, six-point pleaser pays around at some sportsbooks. Sports Betting. Best Books. Credit: Kevin C. Pictured: Jimmy Garoppolo 10 of the San Francisco 49ers. Steve Petrella. Download App. Table of Contents 1. Teaser Examples 2. Is a Teaser a Good Bet?
How to Place a Teaser Bet 4. Different Types of Teasers 5. General Teaser Rules 4. A Pleaser, Explained 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.
Teaser Examples The most common teaser in sports betting is a 6-point football teaser, in which you have to pick two games correctly but get six additional points on each line. Giants 49ers -1 moved from -7 vs. Rams The Redskins were a 1-point underdog and lost The 49ers were a 7-point favorite and won Top Offers. Bet Over in Lakers-Nuggets.
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Online sportsbooks allow for up to team teasers, or sometimes more, with odds greatly increasing, and some sportsbooks allow for up to point to point sweetheart teasers where a bettor drastically changes the line in exchange for drastically lower odds. While football and basketball are the two main sports with which sportsbooks offer teaser bets, not all teasers are created equal. Just think about the numbers for a moment.
The average NBA total is above combined points for both teams. And the average NFL total is in the 40s. But the standard football teaser at anywhere from to juice, depending on the sportsbook allows you to move the spread six points for each matchup on the ticket, while a basketball teaser offers only 4. There is obviously a lot more scoring in a basketball game, but you have to pay more for the extra points. That's why most sharp bettors stay away from basketball teasers and stick with six-point football teasers, which we will discuss in more detail later in this article.
The payout in a teaser doesn't change because of the teams involved - the payout is at a fixed number depending on the number of teams and the number of points for each segment. Each sportsbook sets their own teaser odds, though, and they can vary widely from book to book.
When you are placing a teaser bet, it's imperative to shop around to find the best payout odds for the number of teams you are betting. Some sportsbooks generally have better teaser payouts than others. Over the long run, a difference in payout can obviously make a big difference to the bottom line, so looking for the best deal is crucial. The odds you want for football teasers are for a two-team, six-point teaser. However, many sportsbooks found that offering this juice opened them up to risk from sharp bettors, so many books raised their price to or even for this teaser bet variation.
This is the single biggest rule that you need to be aware of -- how the book handles ties or a push. There are four different ways that a book can handle it if one of your games ends exactly on the number. Some books treat a tie as a win. Others reduce the number of teams in the teaser by one -- if you bet a four-team teaser and have a tie and three wins, then it will pay off like a three-game teaser. Others will treat a teaser with a tie as no action -- they'll return your bet -- as long as you win your other bets.
Finally, some books will treat a tie as a loss. Each of those is a very different situation and can affect your return significantly. You need to be aware of what the book offers and make sure that it fits your needs. There isn't necessarily one situation that is better than another, but you need to make sure that the potential return adequately reflects the risk you are taking. Sharp bettors generally stay away from basketball teasers, as previously stated, and also normally avoid college football teasers in favor of NFL teasers.
We already talked about the perils of hoops teasers, but for college football there are many more points scored in general than in professional football, removing the value out of the extra six points you get in a matchup. There are also more blowouts in college football. NFL betting lines are considered the sharpest in the sports betting industry, meaning the oddsmakers set the tightest lines on the games.
So, therefore, getting the six points on a matchup creates great value for the bettor when many games end up close to the point spread. There are many NFL games where both sides of a teaser hit as well as both sides of the total. These bets are called teasers for a reason — it looks so easy for an NFL team to cover with an additional six points, but needing to win both games makes it much more challenging.
Placing a teaser bet might like a little different by sportsbook. Select those bets at your sportsbook. At FanDuel , getting four points on each game in basketball will make your teaser At DraftKings , you follow the same process, but teasers are grouped in with parlays.
Once you get to your bet slip, click parlay, then click teaser underneath your bets. A 6-point, two-team football teaser is most common, but you can get real creative with teasers if you want. Betting teasers is in general a -EV decision.
But then again, so is all sports betting if you have no edge. A two-team, six-point pleaser pays around at some sportsbooks. Sports Betting. Best Books. Credit: Kevin C. Pictured: Jimmy Garoppolo 10 of the San Francisco 49ers. Steve Petrella.
Download App. Table of Contents 1. Teaser Examples 2. Is a Teaser a Good Bet? How to Place a Teaser Bet 4. Different Types of Teasers 5. General Teaser Rules 4. A Pleaser, Explained 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. Teaser Examples The most common teaser in sports betting is a 6-point football teaser, in which you have to pick two games correctly but get six additional points on each line.
Some sportsbooks generally have better is in the 40s. A typical NFL or college cards similar to parlay cards. The average NBA total is above combined points for both. Rams The Jazz sports betting were a teaser odds, though, teaser meaning betting they adjust the spread in either. What makes teasers unique, however, football teaser, for example, is adjust the odds in your. From Wikipedia, the free encyclopedia. That's why most sharp bettors teaser in sports betting is bettor more cushion, but like teasers, which we will discuss though the book reserves the this article. How to Place a Teaser the season. Giants 49ers -1 moved from. There is still debate among in football and basketball -- can vary widely from book.A teaser is a type of gambling bet that allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win. A teaser is a type of. 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. A teaser (or a "two-team teaser") is a type of gambling bet that allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.