How to understand and make a teaser bet

What’s a teaser guess? A teaser is a parlay, that means that two or extra bets are mixed into one ticket.

Teasers are a singular approach to change the unfold of a number of video games and are most typical in high-scoring sports activities just like the NFL and NBA.

We’ll run by teaser examples in each sports activities, beginning with the NFL.

Teaser betting fundamentals

Let’s use the Inexperienced Bay Packers and Pittsburgh Steelers as our first instance. For our sake, we’re going to say the Packers are 10.5-point dwelling favourites over the Chicago Bears, whereas the Steelers are 3.5-point underdogs versus the Baltimore Ravens.

For those who like Inexperienced Bay and Pittsburgh however aren’t 100% assured they are going to cowl the unfold, you may tease the spreads to extra palatable numbers. On this state of affairs, we’ll tease each video games by 7 factors, normal to the NFL, because it represents a landing and further level.

By doing that, we carry the Packers unfold all the way down to -3.5, that means they solely should win by 4 as an alternative of 11. Pittsburgh, in the meantime, would develop into a +10.5 underdog, that means they will lose by 10 factors or fewer, as an alternative of simply three.

When teasing a sport, you’re paying extra juice (the reduce you give the sportsbook for taking your guess), however are gaining factors. That’s the important thing trade-off.

Teaser guess odds

Regular level unfold odds within the NFL (and the NBA) are -110 for each the favorite and underdog. So on the regular unfold within the Packers and Steelers examples, it means Pittsburgh +3.5 and Inexperienced Bay -10.5 would each have odds of -110. These odds imply that you would need to wager $110 to win $100.

For those who guess on these video games as a parlay, although, the percentages could be +264. That may return a revenue of $264 on a $100 wager. Why the larger payout? As a result of betting on a couple of final result on a single ticket comes with extra threat. You would need to get each bets proper as a way to win.

It's easy to get behind the Packers with offensive stars like Davante Adams. Photo by Aaron Gash/AP.

Now, when teasing these video games, the percentages would change. Let’s say the Packers at -3.5 had odds of -260 whereas the Steelers +10.5 was -240. Guess collectively, the percentages could be -104 and you’ll revenue $96.15 on a $100 wager.

It’s price noting that the percentages gained’t at all times be precisely the identical for each teaser card.

The best way to make an NBA teaser guess

Seven factors is by far the most typical teaser for NFL parlays, however you could discover choices to tease by 4, 5, or 10, amongst others.

We’ll use the NBA for instance for different sorts of teasers that embody extra groups or, in different phrases, extra legs to the parlay.

Let’s assume the Los Angeles Clippers are 3.5-point underdogs at Denver, the Philadelphia 76ers are 7.5-point favourites at Detroit, and the Los Angeles Lakers are 2.5-point favourites at dwelling versus Brooklyn.

Like with the Packers and Steelers instance, we may guess them at these unfold numbers as a part of a parlay that had odds of +596 (assuming all have been set at -110).

Teasing can be a smart betting strategy. Photo by Chris Szagola/AP.

However we may additionally create a teaser guess. For a five-point teaser, the Clippers would go to +8.5, the 76ers would go to -2.5 and the Lakers would go to +2.5.

The percentages wouldn’t be as juicy as +596 (suppose one thing extra like +180), however, in concept, you’d have a better likelihood of cashing the guess. Although the return wouldn’t be as nice — $596 in comparison with $180 on a $100 guess.

You could possibly additionally do a 10-point teaser. Along with making the Lakers an underdog (like within the 5-point teaser), you might now make the 76ers one as properly. Your ROI could be even smaller however your likelihood of profitable would enhance much more. The extra factors you purchase, the decrease your payout turns into.

When inserting teasers, it’s necessary to weigh how a lot you worth the factors versus the payout and discover a candy spot.

Teasing totals

Teasing totals is similar to teasing factors.

If an over/beneath is ready at 47.5 at -110 odds within the NFL, you may tease it seven factors both means. Over 40.5, or beneath 54.5 each present extra of a cushion, but it surely modifications the percentages.

The identical guidelines apply to the NBA. You might even see a better variance with the percentages as a result of extra factors are scored in basketball. Seven factors for a 47.5 NFL complete doesn’t equal seven factors in a 209.5 NBA complete.

The best way to guess a reverse teaser

So we’ve established teasers are promoting odds to purchase factors as a way to be safer, however what if you wish to do the alternative?

This isn’t sometimes given as an choice, however you may manually change the spreads in what is called a reverse teaser. Meaning you’re teasing the road in the wrong way to get a large uptick in payout potential.

That is extra unlikely to money and also you’re basically promoting factors to get plus odds.

That feeling you get when the teaser cashes. Photo by Jeffrey T. Barnes/AP.

Let’s say the Payments are 13.5-point favourites at dwelling vs. the Jets and also you imagine a complete blowout goes to occur. Then you may reverse tease them to -20.5, that means they now should win by 21 or extra.

Additional, if the Dallas Cowboys are 4.5-point underdogs in opposition to the Packers and also you suppose they’ll win, you may reverse tease the road to Dallas -3.5.

Combining these two reverse teasers is extremely dangerous, as you’re going a landing away from what the operator believes will happen. However the odds could be tantalizing and seem like this:

Cowboys -3.5 (+200)
Payments -20.5 (+220

That may generate odds of +860.

Try our sports activities betting glossary for extra perception into key betting phrases.


Avery Perri writes about sports activities betting for NorthStar Bets. NorthStar Bets is owned by NordStar Capital, which additionally owns Torstar, the Star’s dad or mum firm. Observe him on Twitter: @AveryPerri

Disclaimer This content material was produced as a part of a partnership and due to this fact it might not meet the requirements of neutral or impartial journalism.

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