Whats A Teaser Bet
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Home > Sports Betting > Sports Betting Articles > Are Teasers Terrible Bets
*What Is A Teaser Bet Nfl
*What’s A Teaser Bet
*What Is A Reverse Teaser Bet
*What Is A Teaser Bet Nba
*What Is A Betting Teaser Card
*What Is A Teaser Bet In Basketball
Every piece of advice I’ve found about sports betting says the same thing about teasers.
Definition of a Teaser Bet Combine multiple spread and total bets into a modified parlay. Buy points to shift lines in exchange for a smaller payout. Teasers are bets where you pick multiple teams. All of them must cover the spread for you to win, but with teasers, you get to move that spread in your favor. Teasers can only be placed with sports that involve a point-spread, so we’re talking about basketball and football here. Examples are always useful. A Teaser is another major type of bet when it comes to sporting events. In its simplest form, a teaser is just a modified parlay bet – a type of wager made up of many single bets of separate sporting events. Using this principle, a teaser adds in interesting aspects of game point totals and/or point spreads to your regular Read More. Like a parlay, a teaser is a wager that involves multiple games - two or more - and you must be correct in all of the games in order to cash your ticket and win the bet. Teaser bets are most. A ‘Teaser‘ bet is one of many popular ways to bet on sporting events and is only growing in popularity with the rise of sports betting availability in the U.S.It is particularly prominent with online bookmakers who allow you to place teasers on some of the more popular sports in the country like football and basketball.
Teasers are sucker bets and should be avoided at all costs.
I’ve read bookies claiming they love when players bet on teasers and wish more people would use them.
If you blindly accept this advice and aren’t willing to consider a contrarian approach to possibly find a profitable edge, you don’t have much reason to continue reading.
You’ll need to decide for yourself if you can use this information to make teasers profitable enough to bet on a regular basis, but I’m convinced some sharp sports bettors already are turning profit using them.
If you’re like me and realize most sports betting books are below average at best, keep reading to see why teasers are more profitable now than ever before.What Is a Teaser Bet?
A teaser bet is when you bet on two or more games or matches and receive a number of points to add to each line that you bet on.
Here’s an example:
The regular lines on three games are as follows:
Titans +7
DOLPHINS -7
Giants +4
COWBOYS -4
Patriots -6
BENGALS +6
You decide to place a 7 point teaser bet including all three games and pick the Dolphins, Cowboys, and Bengals.
The line moves 7 points in your favor on a 7 point teaser on each game. So the Dolphins game moves to even, the Cowboys move to + 3, and the Bengals move to + 13.
IMPORTANT NOTE: Different sports books set up their teasers in different ways. Make sure you completely understand the process before placing your bets. Some books call a 7 point teaser one where you only have a total of 7 points to divide among the teams you pick instead of getting 7 points for each team.
You also need to know what happens on ties. Some teaser bets lose on ties, others win ties, and others reduce the number of games in the teaser on a tie. In other words, if one team ties on a three team teaser the teaser is reduced to a two team teaser.
You have to win all the games on the teaser in order to win.
Here’s a sample pay out chart for a teaser wager:
Number of teams
Payout2-1353+1354+21510+1,725
This chart is for a 7 point teaser where each team chosen receives 7 points and ties reduce the number of teams in the teaser.
Here’s a chart for a 5 ½ point teaser:
Number of teams
Payout2+1003+1804+30010+3,300
Notice that in a 7 point teaser with two games you have to bet 135 to win 100, but everything else on both charts is bet 100 to win the plus amount. On a 5 ½ point teaser with three teams you bet $100 to win $180.Math Examples
Skip this section if you’re allergic to math, but it’s good to understand how the math works and what you need to become profitable betting teasers.
Normal bets with the spread require a bet of 110 to win 100. If you place two bets, one on each of two different games, and win one and lose one you end up losing $10. If you placed a 5 ½ point teaser bet on the same two games you’d bet $200 to win $200. If you lost one of your bets against the spread by fewer than 5 ½ points, in the teaser you’d have won.
Of course, sometimes you’ll win both bets against the spread for a profit of $200 on a $220 wage. In those cases you’ll also win $200 on the 5 ½ point teaser as well. Why do i keep losing football bets.
The downside is if you lose one game on the teaser, you lose the entire $200. But if you lose both games against the spread you lose $220.
Diversify your bets if you start making teaser wagers. Instead of betting the same $220 as you would on straight bets on one teaser, bet two different teasers for $100 each.
The 10 team teasers have nice looking pay outs, but they rarely hit. Focus on finding a few games that offer the best chance to win. Place two or three game teasers until you start winning consistently.Current Betting Lines
Teasers are more profitable now than in the past because the sports books are better at setting lines than ever.
As the posted lines get closer to the true lines, any number of points you can move the line can be more profitable.
If you pay attention to NFL and NCAA football, you know the favorite doesn’t always win and even huge underdogs can win from time to time.
Even a 7 point teaser isn’t enough to overcome many of these upsets.
Just like you can’t blindly follow the advice not to use teasers, you can’t blindly bet teasers and hope to profit. Even if most of the lines are perfect, every week a few will beat you. In other words, you still need to handicap games to pick the games offering the best chance to win any teaser bet.A Strategy
This is a simple strategy developed from a theory I have. It’s not meant to be a final strategy you should blindly use. What you should do is develop your own theories and strategies derived from this one.
After I started thinking about how much better the sports books are at setting lines than in the past, I started considering whether or not you could find situations where you could just bet teasers and show a long term profit.
If the lines are close to true lines, teaser bets should win more often than in the past.
I started investigating the NFL by looking at home underdogs that were less than 7 point dogs over the past several seasons. I then compared the average number of points they lost by with the spread. I tried to find a sweet spot where a teaser at a set point amount could be profitable without further handicapping.
I still haven’t found an exact magic spot, but the research has shown promise. I’m convinced I can find multiple areas where it can be profitable.
You don’t need to do anything more than I just described to develop and test your own theories. Keep coming up with new ideas and test them. Eventually you’ll find things that work.
All you have to do is develop a theory, figure out a way to test it, test it on previous results, track future results, and be willing to tweak the process repeatedly until you find something that works.
Here’s an example:
You could look at NBA games where road teams were favored, or when the road team is playing the third straight road game.
Let your mind wander and write down any theory that comes to mind, even if it sounds silly. Most sports bettors consider betting teasers silly, but that doesn’t mean they’re right.
Until you compile the information about your theory and test it you don’t know if it’ll work or not.
The best thing about finding a series of profitable teaser bets is they should be profitable for years to come. The sport books will continue getting better at setting lines, so teasers stand a good chance to be even more profitable in the future.
If you do find a profitable teaser system, keep it to yourself. If the sports books figure out too many players are profiting from the teasers offered, they’ll start adjusting the teaser payouts against the public. The sports books are good at figuring out what works and making corrections.Going Against the Crowd
One reason I started investigating the possibility of using teasers profitably was because everyone says not to use them.
Sometimes advice like this is good, but many times something has been repeated and spoken as gospel for so long that no one bothers to consider if it’s really true.
A friend of mine likes to play pocket aces in Texas Holdem differently than most experts suggest because no one will put him on such a strong hand. I don’t know if the way he plays is more profitable in the long run, but he’s right about his opponents not putting him on such a big hand.
When I asked him why he plays aces the way he does, he told me in many things the most accepted way to do something isn’t the best way. In many studies if you just do the opposite of the general public you’ll be better off.
I’m not talking about doing anything illegal or stupid, but don’t blindly follow everyone else because it’s the way it’s always been done. At one point everyone was convinced the world was flat and that earth was the center of the universe.
Take the information covered here and start tracking the results for yourself. Explore the different point levels with other aspects of sports betting to see if you can develop a new formula.
Once you develop some theories back test them and keep track of them moving forward.Conclusion
Teaser bets aren’t for everyone, but don’t ignore them just because an old book said to. Start testing your own ideas and see if you can develop a winning teaser strategy. Take advantage of the accurate lines and start winning more today.
For sports betting, the big three bet types capture most of the attention. Moneyline, point spreads, and totals attract a ton of betting action, and bets of this nature tend to dominate the conversation as a result.
However, there are plenty of other ways to get in the game. Some of them are really simple and straightforward, while others can seem a bit on the complex side at first glance.
While the natural tendency is to shy away from those that fall in the latter category, they are more than worthy of taking the time to understand how they work.
In fact, you’ll come to find that they aren’t that tough to wrap your head around after a little practice. One of the wagers that fall into this category is a teaser bet.
Through this article, you’ll know what a teaser bet is, how to use it, and whether or not it’s something that fits with your strategy.What Are Teaser Bets?
A teaser bet shares something in common with parlay wagers. In both cases, you are placing two or more games on a single betting slip. You’ll need to be right on all choices in order to cash in.
For example, on a three-team teaser, all three legs must be correct in order to have a winning ticket. The same holds true when we’re talking about a three-team parlay bet.
The difference between the two comes down to who is in control of the lines. On a point spread parlay bet, you’re placing your money down on the line set by the oddsmakers. For a teaser bet, you can move the lines to a point that you find them more favorable.
Naturally, a shift in the lines can result in a less favorable return. That said, when used properly, teaser bets can open the doors to even more potentially profitable situations.Most Common Types of Teaser Bets
Teasers are most commonly used in sports in which the point spread is a big betting focus, such as in basketball or football. As we work through some examples, we’ll use these two sports as our main focus.
A teaser bet will include two or more games. Just like in parlay betting, the more games that are added to the ticket, the greater the odds of being correct on all of them.
Some books will cap the number of games that can be used for parlays and teasers, so keep that in mind and consult the exact rules at your preferred operator for clarification.
Teaser bets generally revolve around key numbers. Three specific numbers are the big focus for basketball and football.
*Basketball: 4,4.5, or 5 points.
*Football: 6. 6.5, or 7 points.
Now let’s take a look at how these numbers get applied. Starting with basketball, consider this fictitious line for an NBA game.
*Los Angeles Lakers -10.5 over Golden State Warriors
*Milwaukee Bucks -7.5 over New York Knicks
You decide that you like the favorite in both cases, but the hefty spreads are making you feel a bit skittish. This could be a good spot to use a 4-point teaser. Here’s what the adjusted lines would look like.
*Los Angeles Lakers -6.5 over Golden State Warriors
*Milwaukee Bucks -3.5 over New York Knicks
It works the same way in football. Here’s an example using a made-up spread from an NFL game.
*Patriots -9 over Jets
*Cowboys -8 over Giants
Once again, you like the favorites but don’t want to lay that many points. You decide to use a 7-point teaser to bring the spread more to your liking. Here are the adjusted lines.
*Patriots -2 over Jets
*Cowboys -1 over Giants
Teaser bets can be used to your advantage by dropping the spreads down to a level that you feel is more reasonable. Since you’re dropping the spread, there’s a little less risk involved.
The return on a teaser will be less than you would receive for a correct parlay on unadjusted lines as a result, so keep that in mind.How to Use Teaser Bets
To use teaser bets effectively, it helps to have a good sense of how the lines move. From the time that lines are released until game time, the market will react, and oddsmakers will adjust accordingly.
For NBA and College Basketball, betting odds will generally be released no later than the morning of a game, but you may be able to get a sneak peek at them the night before in some spots.
College football lines are generally out on Sundays in advance of the following weeks games. For NFL, you’ll see lines for the upcoming week by Monday, but keep in mind that there’s still a primetime game to play before the previous week is considered closed.
As the day moves along for basketball lines, there will be shifts based on how the market reacts. When it comes to football, there’s more time for swings, so you may see the number hold steady before fluctuating later in the week.What Is A Teaser Bet Nfl
In both cases, if oddsmakers release a number that the betting market loves, then it’s not uncommon to see the line move real quick after the open.
One good rule of thumb to follow is to get a glimpse of the lines for your chosen sport as soon as you can after the release. Make a mental note of games that look appealing, and keep an eye on any shifts that happen from that point.
By doing so, you’ll have a good sense of which games you want to key in on when it gets closer to time to place your wagers.
Let’s say that you have reviewed the day’s College Basketball lines early in the morning. You have a handful of games that you like at first glance, and these are the ones you’ll watch as the day moves along.
After handicapping the games, you come up with three that you like. It just so happens that all three are favorites, and the spread has risen throughout the day.
*Dayton -4.5 to -6.5
*Michigan State -5.5 to -7.5
*Villanova -3.5 to -5.5
The market has come down heavy on the favorites, and the spread has risen on all three games as a result. You still like all three favorites to win their games, but climbing spreads make you uneasy. It’s a good time to use a 4-point teaser. Here’s what you’ll be looking at.
*Dayton -2.5
*Michigan State -3.5
*Villanova -1.5
Not only do you have more attractive spreads than what the public is betting on, but you have also dropped them below the open. You’ve managed to drop the risk somewhat, but the trade-off comes in that you’ll get less of a return if all three of your teaser bets come in.Examples of Teaser Bets
Before diving right in with teaser bets, it’s important to understand exactly how they work. There’s no such thing as easy money when it comes to sports betting. However, practice and fine-tuning your skills can enhance your chances of being right more often than not.
To that end, let’s walk through some more examples of teaser bets. We’ll kick things up several notches and add several teams to the mix, starting with the NBA.
Four games on the hardwood jump out to you as appealing plays. However, those same choices are readily apparent to others as well, so the lines are a bit hefty.
*Toronto Raptors -7.5
*Philadelphia 76ers -6.5
*Denver Nuggets -9.5
*Los Angeles Clippers -8.5
You fully expect the favorites to win all four games, but high spreads in the NBA turn you off. If you add a 5-point teaser into the equation, the lines suddenly don’t seem as intimidating.
*Toronto Raptors -2.5
*Philadelphia 76ers -1.5
*Denver Nuggets -4.5
*Los Angeles Clippers -3.5
All four of the games are now at a level that you find more attractive, so you’re willing to take less of a return while enhancing your chances of success.
Next up, you’re looking ahead to a busy Saturday of College Football action. Of the dozens of games on the docket, five favorites are staring you in the face as potentially fantastic plays.
*Clemson -10.5
*LSU -8.5
*Alabama -9.5
*Notre Dame -12.5
*Ohio State -16.5What’s A Teaser Bet
You’ve seen the spreads rise on all of these games to the point that all five teams are favored by more than a touchdown. While you’re confident they’ll get the job done, there’s no telling when they’ll call the dogs off and the other teams may close the gap in garbage time as a result.
A 7-point teaser can be a workaround for that. Suddenly, the big favorites only have to cover by a lesser amount of points.
*Clemson -3.5
*LSU -1.5
*Alabama -2.5
*Notre Dame -5.5
*Ohio State -9.5
The teaser has brought the lines down to a level you’re more comfortable with. While the potential return is less due to adjusting the lines, the additional peace of mind may turn out to be worth it.Payouts on Teaser Bets
Just like getting a handle on using teaser bets, it can be a little tricky understanding what the payout will be. For visualization purposes, it can help to look at potential returns in two ways: fractional and standard odds.
This can not only tell you what kind of return to expect, but it can also help you understand the actual probability of the wager itself.
Returns may vary at different books, but there’s a standard range you can expect for teasers based on points and number of teams used. Let’s look at basketball first and cap the teams at four.4-point Basketball Teaser Payout
*Two team: 1/1 or -100
*Three team:
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Home > Sports Betting > Sports Betting Articles > Are Teasers Terrible Bets
*What Is A Teaser Bet Nfl
*What’s A Teaser Bet
*What Is A Reverse Teaser Bet
*What Is A Teaser Bet Nba
*What Is A Betting Teaser Card
*What Is A Teaser Bet In Basketball
Every piece of advice I’ve found about sports betting says the same thing about teasers.
Definition of a Teaser Bet Combine multiple spread and total bets into a modified parlay. Buy points to shift lines in exchange for a smaller payout. Teasers are bets where you pick multiple teams. All of them must cover the spread for you to win, but with teasers, you get to move that spread in your favor. Teasers can only be placed with sports that involve a point-spread, so we’re talking about basketball and football here. Examples are always useful. A Teaser is another major type of bet when it comes to sporting events. In its simplest form, a teaser is just a modified parlay bet – a type of wager made up of many single bets of separate sporting events. Using this principle, a teaser adds in interesting aspects of game point totals and/or point spreads to your regular Read More. Like a parlay, a teaser is a wager that involves multiple games - two or more - and you must be correct in all of the games in order to cash your ticket and win the bet. Teaser bets are most. A ‘Teaser‘ bet is one of many popular ways to bet on sporting events and is only growing in popularity with the rise of sports betting availability in the U.S.It is particularly prominent with online bookmakers who allow you to place teasers on some of the more popular sports in the country like football and basketball.
Teasers are sucker bets and should be avoided at all costs.
I’ve read bookies claiming they love when players bet on teasers and wish more people would use them.
If you blindly accept this advice and aren’t willing to consider a contrarian approach to possibly find a profitable edge, you don’t have much reason to continue reading.
You’ll need to decide for yourself if you can use this information to make teasers profitable enough to bet on a regular basis, but I’m convinced some sharp sports bettors already are turning profit using them.
If you’re like me and realize most sports betting books are below average at best, keep reading to see why teasers are more profitable now than ever before.What Is a Teaser Bet?
A teaser bet is when you bet on two or more games or matches and receive a number of points to add to each line that you bet on.
Here’s an example:
The regular lines on three games are as follows:
Titans +7
DOLPHINS -7
Giants +4
COWBOYS -4
Patriots -6
BENGALS +6
You decide to place a 7 point teaser bet including all three games and pick the Dolphins, Cowboys, and Bengals.
The line moves 7 points in your favor on a 7 point teaser on each game. So the Dolphins game moves to even, the Cowboys move to + 3, and the Bengals move to + 13.
IMPORTANT NOTE: Different sports books set up their teasers in different ways. Make sure you completely understand the process before placing your bets. Some books call a 7 point teaser one where you only have a total of 7 points to divide among the teams you pick instead of getting 7 points for each team.
You also need to know what happens on ties. Some teaser bets lose on ties, others win ties, and others reduce the number of games in the teaser on a tie. In other words, if one team ties on a three team teaser the teaser is reduced to a two team teaser.
You have to win all the games on the teaser in order to win.
Here’s a sample pay out chart for a teaser wager:
Number of teams
Payout2-1353+1354+21510+1,725
This chart is for a 7 point teaser where each team chosen receives 7 points and ties reduce the number of teams in the teaser.
Here’s a chart for a 5 ½ point teaser:
Number of teams
Payout2+1003+1804+30010+3,300
Notice that in a 7 point teaser with two games you have to bet 135 to win 100, but everything else on both charts is bet 100 to win the plus amount. On a 5 ½ point teaser with three teams you bet $100 to win $180.Math Examples
Skip this section if you’re allergic to math, but it’s good to understand how the math works and what you need to become profitable betting teasers.
Normal bets with the spread require a bet of 110 to win 100. If you place two bets, one on each of two different games, and win one and lose one you end up losing $10. If you placed a 5 ½ point teaser bet on the same two games you’d bet $200 to win $200. If you lost one of your bets against the spread by fewer than 5 ½ points, in the teaser you’d have won.
Of course, sometimes you’ll win both bets against the spread for a profit of $200 on a $220 wage. In those cases you’ll also win $200 on the 5 ½ point teaser as well. Why do i keep losing football bets.
The downside is if you lose one game on the teaser, you lose the entire $200. But if you lose both games against the spread you lose $220.
Diversify your bets if you start making teaser wagers. Instead of betting the same $220 as you would on straight bets on one teaser, bet two different teasers for $100 each.
The 10 team teasers have nice looking pay outs, but they rarely hit. Focus on finding a few games that offer the best chance to win. Place two or three game teasers until you start winning consistently.Current Betting Lines
Teasers are more profitable now than in the past because the sports books are better at setting lines than ever.
As the posted lines get closer to the true lines, any number of points you can move the line can be more profitable.
If you pay attention to NFL and NCAA football, you know the favorite doesn’t always win and even huge underdogs can win from time to time.
Even a 7 point teaser isn’t enough to overcome many of these upsets.
Just like you can’t blindly follow the advice not to use teasers, you can’t blindly bet teasers and hope to profit. Even if most of the lines are perfect, every week a few will beat you. In other words, you still need to handicap games to pick the games offering the best chance to win any teaser bet.A Strategy
This is a simple strategy developed from a theory I have. It’s not meant to be a final strategy you should blindly use. What you should do is develop your own theories and strategies derived from this one.
After I started thinking about how much better the sports books are at setting lines than in the past, I started considering whether or not you could find situations where you could just bet teasers and show a long term profit.
If the lines are close to true lines, teaser bets should win more often than in the past.
I started investigating the NFL by looking at home underdogs that were less than 7 point dogs over the past several seasons. I then compared the average number of points they lost by with the spread. I tried to find a sweet spot where a teaser at a set point amount could be profitable without further handicapping.
I still haven’t found an exact magic spot, but the research has shown promise. I’m convinced I can find multiple areas where it can be profitable.
You don’t need to do anything more than I just described to develop and test your own theories. Keep coming up with new ideas and test them. Eventually you’ll find things that work.
All you have to do is develop a theory, figure out a way to test it, test it on previous results, track future results, and be willing to tweak the process repeatedly until you find something that works.
Here’s an example:
You could look at NBA games where road teams were favored, or when the road team is playing the third straight road game.
Let your mind wander and write down any theory that comes to mind, even if it sounds silly. Most sports bettors consider betting teasers silly, but that doesn’t mean they’re right.
Until you compile the information about your theory and test it you don’t know if it’ll work or not.
The best thing about finding a series of profitable teaser bets is they should be profitable for years to come. The sport books will continue getting better at setting lines, so teasers stand a good chance to be even more profitable in the future.
If you do find a profitable teaser system, keep it to yourself. If the sports books figure out too many players are profiting from the teasers offered, they’ll start adjusting the teaser payouts against the public. The sports books are good at figuring out what works and making corrections.Going Against the Crowd
One reason I started investigating the possibility of using teasers profitably was because everyone says not to use them.
Sometimes advice like this is good, but many times something has been repeated and spoken as gospel for so long that no one bothers to consider if it’s really true.
A friend of mine likes to play pocket aces in Texas Holdem differently than most experts suggest because no one will put him on such a strong hand. I don’t know if the way he plays is more profitable in the long run, but he’s right about his opponents not putting him on such a big hand.
When I asked him why he plays aces the way he does, he told me in many things the most accepted way to do something isn’t the best way. In many studies if you just do the opposite of the general public you’ll be better off.
I’m not talking about doing anything illegal or stupid, but don’t blindly follow everyone else because it’s the way it’s always been done. At one point everyone was convinced the world was flat and that earth was the center of the universe.
Take the information covered here and start tracking the results for yourself. Explore the different point levels with other aspects of sports betting to see if you can develop a new formula.
Once you develop some theories back test them and keep track of them moving forward.Conclusion
Teaser bets aren’t for everyone, but don’t ignore them just because an old book said to. Start testing your own ideas and see if you can develop a winning teaser strategy. Take advantage of the accurate lines and start winning more today.
For sports betting, the big three bet types capture most of the attention. Moneyline, point spreads, and totals attract a ton of betting action, and bets of this nature tend to dominate the conversation as a result.
However, there are plenty of other ways to get in the game. Some of them are really simple and straightforward, while others can seem a bit on the complex side at first glance.
While the natural tendency is to shy away from those that fall in the latter category, they are more than worthy of taking the time to understand how they work.
In fact, you’ll come to find that they aren’t that tough to wrap your head around after a little practice. One of the wagers that fall into this category is a teaser bet.
Through this article, you’ll know what a teaser bet is, how to use it, and whether or not it’s something that fits with your strategy.What Are Teaser Bets?
A teaser bet shares something in common with parlay wagers. In both cases, you are placing two or more games on a single betting slip. You’ll need to be right on all choices in order to cash in.
For example, on a three-team teaser, all three legs must be correct in order to have a winning ticket. The same holds true when we’re talking about a three-team parlay bet.
The difference between the two comes down to who is in control of the lines. On a point spread parlay bet, you’re placing your money down on the line set by the oddsmakers. For a teaser bet, you can move the lines to a point that you find them more favorable.
Naturally, a shift in the lines can result in a less favorable return. That said, when used properly, teaser bets can open the doors to even more potentially profitable situations.Most Common Types of Teaser Bets
Teasers are most commonly used in sports in which the point spread is a big betting focus, such as in basketball or football. As we work through some examples, we’ll use these two sports as our main focus.
A teaser bet will include two or more games. Just like in parlay betting, the more games that are added to the ticket, the greater the odds of being correct on all of them.
Some books will cap the number of games that can be used for parlays and teasers, so keep that in mind and consult the exact rules at your preferred operator for clarification.
Teaser bets generally revolve around key numbers. Three specific numbers are the big focus for basketball and football.
*Basketball: 4,4.5, or 5 points.
*Football: 6. 6.5, or 7 points.
Now let’s take a look at how these numbers get applied. Starting with basketball, consider this fictitious line for an NBA game.
*Los Angeles Lakers -10.5 over Golden State Warriors
*Milwaukee Bucks -7.5 over New York Knicks
You decide that you like the favorite in both cases, but the hefty spreads are making you feel a bit skittish. This could be a good spot to use a 4-point teaser. Here’s what the adjusted lines would look like.
*Los Angeles Lakers -6.5 over Golden State Warriors
*Milwaukee Bucks -3.5 over New York Knicks
It works the same way in football. Here’s an example using a made-up spread from an NFL game.
*Patriots -9 over Jets
*Cowboys -8 over Giants
Once again, you like the favorites but don’t want to lay that many points. You decide to use a 7-point teaser to bring the spread more to your liking. Here are the adjusted lines.
*Patriots -2 over Jets
*Cowboys -1 over Giants
Teaser bets can be used to your advantage by dropping the spreads down to a level that you feel is more reasonable. Since you’re dropping the spread, there’s a little less risk involved.
The return on a teaser will be less than you would receive for a correct parlay on unadjusted lines as a result, so keep that in mind.How to Use Teaser Bets
To use teaser bets effectively, it helps to have a good sense of how the lines move. From the time that lines are released until game time, the market will react, and oddsmakers will adjust accordingly.
For NBA and College Basketball, betting odds will generally be released no later than the morning of a game, but you may be able to get a sneak peek at them the night before in some spots.
College football lines are generally out on Sundays in advance of the following weeks games. For NFL, you’ll see lines for the upcoming week by Monday, but keep in mind that there’s still a primetime game to play before the previous week is considered closed.
As the day moves along for basketball lines, there will be shifts based on how the market reacts. When it comes to football, there’s more time for swings, so you may see the number hold steady before fluctuating later in the week.What Is A Teaser Bet Nfl
In both cases, if oddsmakers release a number that the betting market loves, then it’s not uncommon to see the line move real quick after the open.
One good rule of thumb to follow is to get a glimpse of the lines for your chosen sport as soon as you can after the release. Make a mental note of games that look appealing, and keep an eye on any shifts that happen from that point.
By doing so, you’ll have a good sense of which games you want to key in on when it gets closer to time to place your wagers.
Let’s say that you have reviewed the day’s College Basketball lines early in the morning. You have a handful of games that you like at first glance, and these are the ones you’ll watch as the day moves along.
After handicapping the games, you come up with three that you like. It just so happens that all three are favorites, and the spread has risen throughout the day.
*Dayton -4.5 to -6.5
*Michigan State -5.5 to -7.5
*Villanova -3.5 to -5.5
The market has come down heavy on the favorites, and the spread has risen on all three games as a result. You still like all three favorites to win their games, but climbing spreads make you uneasy. It’s a good time to use a 4-point teaser. Here’s what you’ll be looking at.
*Dayton -2.5
*Michigan State -3.5
*Villanova -1.5
Not only do you have more attractive spreads than what the public is betting on, but you have also dropped them below the open. You’ve managed to drop the risk somewhat, but the trade-off comes in that you’ll get less of a return if all three of your teaser bets come in.Examples of Teaser Bets
Before diving right in with teaser bets, it’s important to understand exactly how they work. There’s no such thing as easy money when it comes to sports betting. However, practice and fine-tuning your skills can enhance your chances of being right more often than not.
To that end, let’s walk through some more examples of teaser bets. We’ll kick things up several notches and add several teams to the mix, starting with the NBA.
Four games on the hardwood jump out to you as appealing plays. However, those same choices are readily apparent to others as well, so the lines are a bit hefty.
*Toronto Raptors -7.5
*Philadelphia 76ers -6.5
*Denver Nuggets -9.5
*Los Angeles Clippers -8.5
You fully expect the favorites to win all four games, but high spreads in the NBA turn you off. If you add a 5-point teaser into the equation, the lines suddenly don’t seem as intimidating.
*Toronto Raptors -2.5
*Philadelphia 76ers -1.5
*Denver Nuggets -4.5
*Los Angeles Clippers -3.5
All four of the games are now at a level that you find more attractive, so you’re willing to take less of a return while enhancing your chances of success.
Next up, you’re looking ahead to a busy Saturday of College Football action. Of the dozens of games on the docket, five favorites are staring you in the face as potentially fantastic plays.
*Clemson -10.5
*LSU -8.5
*Alabama -9.5
*Notre Dame -12.5
*Ohio State -16.5What’s A Teaser Bet
You’ve seen the spreads rise on all of these games to the point that all five teams are favored by more than a touchdown. While you’re confident they’ll get the job done, there’s no telling when they’ll call the dogs off and the other teams may close the gap in garbage time as a result.
A 7-point teaser can be a workaround for that. Suddenly, the big favorites only have to cover by a lesser amount of points.
*Clemson -3.5
*LSU -1.5
*Alabama -2.5
*Notre Dame -5.5
*Ohio State -9.5
The teaser has brought the lines down to a level you’re more comfortable with. While the potential return is less due to adjusting the lines, the additional peace of mind may turn out to be worth it.Payouts on Teaser Bets
Just like getting a handle on using teaser bets, it can be a little tricky understanding what the payout will be. For visualization purposes, it can help to look at potential returns in two ways: fractional and standard odds.
This can not only tell you what kind of return to expect, but it can also help you understand the actual probability of the wager itself.
Returns may vary at different books, but there’s a standard range you can expect for teasers based on points and number of teams used. Let’s look at basketball first and cap the teams at four.4-point Basketball Teaser Payout
*Two team: 1/1 or -100
*Three team:
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