How To Bet A Teaser
A teaser bet is similar to a parlay in the sense that it takes multiple games or “legs” of the bet to win. However, teasers differ from parlays since you are not betting the actual spread. However, teasers differ from parlays since you are not betting the actual spread. In case you’re not aware, a teaser bet is a parlay that uses a modified point spread. You’re given a better point spread than the board is offering, and these pay less than a parlay. To explain, let’s say in a given week there are two games you’re interested in betting on. You’ll need all three teams to cover in order to win the 6-point teaser bet. At most online betting sites, a winning 3-team teaser pays 1.8 to 1. NBA Teaser Odds. Sportsbooks offer teasers for basketball betting too. The most common types of basketball teaser bets are selecting two or three teams and teasing NBA lines by 4, 4.5 or 5 points. To place a Teaser bet, select the ' Multiples ' Tab at the top of the Bet Slip. You will see your combined odds for your Teaser displayed above your selections. Click the ‘ + ’ symbol next to 'Teaser,’ and select the number of points you want to tease from the drop-down menu. A teaser is a type of bet that allows you to shift a point spread in your favor. As a result, you have to give back a portion of your payout. You also have to tease at least two games.
Teasers betting is something not all bettors are aware of, yet it is an option that allows you to boost your chances of winning a bet featuring multiple selections (albeit at reduced odds). How do Teaser bets work, what are their payouts and what Teasers betting does Pinnacle offer? Read on to find out.
Teasers betting explained
In Teasers betting, the bettor receives a specified favourable point adjustment for every selection of a multiple selection bet, with the bet then also set at a fixed payout.
Teaser bet example
Here is how a six-point Teaser bet would work on Super Bowl LIV contested between the Kansas City Chiefs and San Francisco 49ers:
Market | Points set for regular bet | Points set for six-point Teaser bet |
Kansas City Chiefs (Handicap) | +2.5 | +8.5 |
San Francisco 49ers (Handicap) | -2.5 | +3.5 |
Over/Under | 45.5 | Over 39.5, Under 51.5 |
As you can see, if somebody wanted to bet on the Handicap for the Kansas City Chiefs, they would move from a +2.5 underdog to a +8.5 (2.5 + 6) underdog, greatly increasing the chance of winning this selection. Equally, the Handicap on the San Francisco 49ers would move from -2.5 favourites to +3.5 (-2.5 + 6) underdogs.
For Over/Under bets, Teaser bets open up two separate markets to assist your bet. In this instance, when the Over/Under was set at 45.5, this would move to Over 39.5 (45.5 - 6) and Under 51.5 (45.5 + 6), essentially boosting your chances of winning by six points either way.
All of this does come with a reduced and fixed payout. If someone was to place a €100 Multiple bet on either team to win on the Handicap in one game and the Over/Under for another game, the payout would likely be around €365 (€265 profit), based on odds of -110 / 1.909 for each selection. However, the same bet with a six-point Teaser would have a lower payout with combined odds of -110 / 1.909, meaning that a €100 bet would only win €190.90 (€90.90 profit).
What Teasers betting does Pinnacle offer?
Pinnacle has betting markets for football teasers and basketball teasers. Teaser bets on Pinnacle can include Handicap and Over/Under markets.
Football Teaser bets
Pinnacle has three primary markets for Teaser betting on football:
- NFL Same Game: Teaser bets of 6, 6.5 and 7 points when all of the selections in the bet are on the same NFL fixture.
- NFL/College 2 - 6 Team: Teaser bets of 6, 6.5 and 7 points involving selections on between two and six NFL and/or NCAA football teams.
- Super Teasers: These are ten-point Teaser bets involving selections on three NFL and/or NCAA teams and 13-point Teaser bets involving selections on four NFL and/or NCAA football teams.
The payouts for football Teaser bets on Pinnacle are as follows:
Pinnacle football Teaser bet payouts
Point adjustment | Two teams | Three teams | Four teams | Five teams | Six teams |
6 | -110 / 1.909 | +160 / 2.600 | +260 / 3.600 | +450 / 5.500 | +700 / 8.000 |
6.5 | -120 / 1.833 | +140 / 2.400 | +240 / 3.400 | +400 / 5.000 | +600 / 7.000 |
7 | -130 / 1.769 | +120 / 2.200 | +200 / 3.000 | +350 / 4.500 | +500 / 6.000 |
Super Teaser bet: 10 points, three teams | -130 / 1.769 | ||||
Super Teaser bet: 13 points, four teams | -140 / 1.714 |
Basketball Teaser bets
Pinnacle has two primary markets for Teaser betting on basketball:
- General basketball Teaser bets: Teaser bets of 4, 4.5 and 5 points involving selections on between two and six NBA, WNBA and/or NCAA basketball teams.
- NBA Super Teasers: These are seven-point Teaser bets involving selections on between two and six NBA teams.
The payouts for basketball Teaser bets on Pinnacle are as follows:
Pinnacle basketball Teaser bet payouts
Point adjustment | Two teams | Three teams | Four teams | Five teams | Six teams |
4 | -100 / 2.000 | +180 / 2.800 | +300 / 4.000 | +450 / 5.500 | +700 / 8.000 |
4.5 | -110 / 1.909 | +160 / 2.600 | +250 / 3.500 | +400 / 5.000 | +600 / 7.000 |
5 | -120 / 1.833 | +150 / 2.500 | +200 / 3.000 | +350 / 4.500 | +500 / 6.000 |
Teasers betting rules: Things to consider
There are several things you need to remember when placing a Teaser bet with Pinnacle. Most frequently, this relates to what happens when a tie occurs in at least one of your selections that form the bet or any are deemed to have no action.
Teaser bet ties
In the instance of a tie, on both football and basketball Teaser bets involving three teams or more, the selection(s) are removed and the payout is adjusted accordingly. For instance, a Teaser bet involving four teams would be reduced to three teams.
For football and basketball Teaser bets involving just two teams, when at least one selection is a tie or deemed to have no action, the entire bet is considered a push and all money is refunded. If any selection of a Super Teaser bet is a tie or deemed to have no action, the entire bet is graded as no action and all money is refunded irrespective of the number of teams involved.
Teaser bet base Handicap adjustments
On certain occasions, the point adjustment for Teaser bets may also be different than what you are expecting if the base Handicap for a Teaser has been moved to a different Handicap. This is because in some situations, Pinnacle has to limit our exposure and thus cannot allow unlimited Teaser bets to be placed at certain prices.
For instance, if for an NFL game the Green Bay Packers and Seattle Seahawks were set at Handicaps of -7.5 and +7.5 respectively (a base Handicap of 7.5), Pinnacle may move the base Handicap to 9.5 to offer six-point Teaser bets.
As a result, the Teaser bet Handicaps set would be Green Bay Packers at -3.5 and Seattle Seahawks at +3.5 as opposed to Green Bay Packers at -1.5 and Seattle Seahawks at +1.5 that you would ordinarily expect.
Teasers betting with Pinnacle
Like the sound of Teasers betting? Head over to Pinnacle’s betting pages for football and basketball Teasers to build your Teaser bets.
A teaser is another type of wager available to bet on sports. A Teaser is not a straight bet, but is more similar to a parlay, but comes with much different odds and odds of winning. Often under-utilized, the teaser can be a valued weapon in a bettor’s arsenal if they know how to use them correctly. These types of wagers allow for multiple selections or “legs” to make up one all-encompassing bet, but give the bettor a little more freedom with some help on the betting lines. Keep reading more below as we will explain further in-depth and help you understand how betting odds work when it comes to making a teaser bet
What Is A Teaser Bet
A teaser is akin to a parlay placed on a number of games, but the difference is that points are adjusted in order to help you. As you put together your selections onto your betting slip, instead of needing the lines as they are to hit, they will move a handful of points to make it more attainable. Of course, with this adjustment, the odds to win increase but that also means that you would not win the same amount that could be expected if you left it as a normal parlay. Like a parlay though, all of your selections must be correct and any one “leg” that was incorrectly chosen will result in a losing teaser wager.
How To Bet A Teaser On Draft Kings
Why Bet On Teasers
Teasers can be advantageous to bettors that are fond of using parlays, but are not comfortable with the particular spreads or totals that have been set within a desired game.
A teaser allows the line to be shifted for these parlay-type wagers so that the percentage of winning them goes up in theory. As such, it makes them easier to win, unlike the opposite of a teaser, which is a pleaser. A pleaser takes points away making it more difficult to win the line by increasing the spread. But then the payout is much higher. For more information on pleasers, please visit the preceding link.
Example Of How A Teasers Work
Say you want to take an NFL teaser on two games. The Green Bay Packers are favored by (-6) over the Detroit Lions, and the New England Patriots are (-3) favorites over the Baltimore Ravens. Those are the established betting lines for the two matchups by oddsmakers and you could take them just as they are (which is a parlay). But if you decide you want to take a teaser – let's use a six-point teaser as an example – the betting line is adjusted in your favor depending on which side of the betting line you want to bet.
So, say you like Green Bay and New England in this example. With a teaser, the betting lines will move so that the Patriots are now 3-point underdogs to Baltimore, and the Packers are now a pick'em against Detroit. Since the lines have moved, the payout is going to be less than leaving it as a parlay, but your odds of winning go up as it becomes much easier.
Other Types Of Teasers - Sweetheart Teasers
Another type of teaser bet that not all gamblers know about is the sweetheart teaser. Sweetheart teasers are a special type of teaser bet that rewards players who understand point spreads better than the average gambler. Available at some sportsbooks, especially those that cater to the US market, so-called sweetheart teasers exist that give the gambler even more points to play around with (anywhere from 10 or 13) but there is a catch. Sweetheart teasers require that you pick at least four to six teams. Pushes on sweetheart teasers make your entire bet a losing proposition.
Bovada Sportsbook - Best Sports Betting Site For Teaser Bets
Teaser bets are always fun and Bovada knows that which is why most players sign up for Bovada accounts. Getting a chance to place a teaser bet on Bovada is one of the huge plusses that players check out. This is where all the guys go and make money on bets that are favored for them. The line moves and looks much better for players with an account with Bovada. The teaser bets are put together by the player and it is customized by them. This is plenty of reason to get an account with Bovada
SportsBetting's Sportsbook - Tons Of Teaser Options With Adjustable Lines
SportsBetting has more than enough betting odds and options for players. The teaser options are here as well and this may be one of the more exciting betting options for players to pick and use. These teaser bets are more made by the players so this is where the player really feel confident in the bet they make on these teams as the lines can be moved. Moving points will happen with teaser bets and this is what intrigues SportsBetting account holders.
How To Bet A Teaser On Betrivers
BetOnline Sportsbook - Best Sportsbook Bonuses And Promotions For Teaser Bets
A lot of games that are played are on BetOnline sportsbook. The age requirement for players to sign up is 18 and older. All it takes is for a player to be that age and they can have an account and place these teaser bets that are offered. These teaser bets are here for players to choose and it is for any sport and for all fans. There will always be bonuses as well so this means that they will be more money and free plays offerd to players. The teaser bets are at the top of the list for all players. Being able to see the points move in your favor is a massive bonus and that could happen on BetOnline.
MyBookie Sportsbook - Teaser Bets Here On MyBookie
It is ok to know that more money will be in your account if you take a few teaser bets on MyBookie. There are plenty of betting options but here on MyBookie, there is nothing wrong with players taking teasers bets. In fact, taking teaser bets could be as profitable as any other betting option like live betting on mobile betting. The moving of points is one thing that sticks out and usually, this is why players like to place teaser bets. This is just one way that players get win a lot of money on MyBookie.
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