How does a teaser bet work

You can add a load of teams to your teaser and stand a better chance of success than if you place a parlay. A three-team teaser payout, however, is a different story.

Sportsbooks differ in payout , but there is a standard payout for teaser betting based on number of teams in the teaser and the number of points used. The more teams you use in your teaser, the higher the odds get.

The vast majority of online betting sites offer teaser bets. However, they all offer different payouts. For example, one sportsbook might be best for a two-team teaser, whereas another might offer the best cumulative odds on a five-team teaser. For that reason, it can make sense to sign up for accounts with multiple online sportsbooks.

Football is king of teaser bets, and there is evidence to support the practice can be very successful especially when the original spread is at a certain number. The most-common margins of victory in the NFL over the last two decades are, in order, 3, 7, 10, 4, 6, 14 and 1. When betting on NBA games , there is a lot to consider, from officials to motivation, and late free throws that can turn even well-reasoned picks into losers.

Only five had a scoring margin worse than The average margin of victory is close to nine points per game. For football and basketball, if your own research gives one team the edge but perhaps not enough to place a wager on the posted point spread, adding points to the side can turn a good bet into a great bet. Be sure to bookmark Bookies. Get your sports betting experience started with Bookies. Once signed up, bettors can continue to return for expert betting picks and guides, as well as all the latest and breaking sports.

The obvious advantage of playing teasers is it clearly adds to your probability of hitting your individual bets.

Like parlay betting, teaser betting offer one play at plus odds, keeping the cost low with bigger payout potential. Speaking of odds, comparing them at the sportsbooks can provide a huge boost.

Others may post the same bet at , limiting any bankroll boost and making it much harder for a sports bettor to make gains in the long term. For those looking to have fun, betting teasers is indeed fun. It may be harder to win big, but you can still win. They can be especially effective in games you really want to include but are hard to predict. Also, the house edge increases with each team added to a teaser and is well higher than the typical spread bed.

On a standard one-game bet at odds, the house has an edge of 4. If you make a wager against the spread of an NFL game and the final score hits exactly on the spread, the bet is a push, and you get the initial wager back.

For teasers, that may not be the case. Mobile betting apps handle these types of picks differently, and some books handle it different than others. In most cases, a push on one leg will alter, but not eliminate, your teaser bet. If you have a four-team teaser, it will drop the push and turn your bet into a three-teamer.

That alters the teaser odds as well. But be aware, some bookmakers treat a push is as a loss. The table below shows the payouts for 6, 6. Note that payouts can vary sportsbook to sportsbook. If one of the bets in your teaser ties or pushes with the spread or total, it is removed from the teaser. Most books will offer a teaser option as you add multiple bets to your bet card, allowing you to select the odds involved and the number of points you want to move, then providing the potential payout.

Retail sportsbooks, like those found in Las Vegas, often have a teaser card to work from, showing the available fixed teaser odds, points options, and the designated payouts for the different sized teasers.

Bettors can fill out the card and submit it to the ticket writer to place their wager. Many Vegas sportsbook rules require a minimum of three games in action per teaser. An NFL super teaser card is a variation of the teaser bet that allows bettors to move the spread or total by a large number of points, most often 7.

These bets often require at least three bets per teaser and the payouts are adjusted to reflect the number of points allotted for line movement. Reverse teasers — also known as pleasers — allow you to add or subtract a designated number of points and then bet with that move, such as dropping a total from 46 to 40 points and betting the Under rather than gaining an advantage with the Over.

For example, a two-team 6-point reverse teaser would move the Baltimore Ravens from Teaser bets are always a riskier wager, due to tying multiple results together. As with all gambling, make smart wagers by performing proper research before placing teaser bets.

When betting sparingly, with small investments, it's reasonable to take a shot at a teaser parlay from time to time.

Gambling Moneyline Betting. Gambling What is a Point Spread? Learn player values and where to rank players for the rest of the fantasy football season. Gerrard's impressive start to his managing career would be made more convincing by finding Premier League success, while Aston Villa desires much more than just survival.

Home Betting. Original Football Odds: Dallas Cowboys Washington Redskins Green Bay Packers Detroit Lions New England Patriots Miami Dolphins Bettors may like the favorite in all three games, but giving up more than a touchdown isn't appealing. Miami Dolphins There is, of course, a hook with teasers as the payout is reduced from the return paid on standard parlays. Allen carries Georgia St.

At the same time, the more you play it safe, the less money you might win. For every point you tease the spreads and totals in your wager, the lower your payout will be.

On the other hand, the more legs you include in your teaser, the greater the potential winnings could be if you win. Using our football example, a two-leg, 6-point wager might pay out if you win. At the same time, if you increase that 6 points to 6. Going back to the tennis example, the line for a teaser on those two legs could be If you add in a third match, however, that might take your odds up to Continuing with our football example, say you were sure you wanted to only include those two spreads in your teaser.

However, it also increases the likelihood of you losing your bet by a third. The added benefit may not be worth the additional risk by that math. There is a way to play up that dynamic, however, perhaps to your advantage.

A pleaser or a reverse teaser bet is a great example of this. That may sound crazy, but the same rule applies. The greater the risk you take on, the better your potential payout will be should your bet succeed.

You could add 6 points to the lines on both, making your pleaser bet as follows:.