.These payouts are based on -110 lines.The maximum parlay payout is $150,000. On any parlay, a push(es) combined with a win(s) will result in the bet being reduced to the next lowest number of teams. Example: If you have a 6-team parlay with 5 wins and 1 tie, this becomes a 5-team parlay and the payout will be adjusted accordingly. THE HIGHEST TEASER BETTING ODDS CAN BE FOUND AT 5DIMES SPORTSBOOK With teasers, all teams need to beat the adjusted spread for you to win. A $100 teaser in the above 3-team/5-point teaser would pay out $150 in winnings.
- 5 Team Teaser Payout Schedule
- 5 Team Teaser Payout List
- 5 Team Teaser Payout Bet
- 3 Team Teaser Payout
- What Is A Teaser Bet
Seasoned bettors are likely familiar with the teaser bet. But some beginning bettors might not know what these unique and exotic sports wagers entail. We are here to explain everything about a teaser bet; what it is, how it works, and the best way to use this option in your overall sports betting strategy.
5 Team Teaser Payout Schedule
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 common in football and basketball -- the against the spread sports . What makes teasers unique, however, is that you get to adjust the odds in your favor. A typical NFL or college football teaser, for example, is six points. That means that you get to subtract six points the spread of a favorite and add six points to the spread of an underdog. For example, a -13 favorite would become -7 in a six-point teaser, while a +8 underdog would become +14.
Doc's Sports offers free NFL teaser picks and predictions every week of the pro football season. Check our homepage weekly during the season!
Teaser Sports Betting: Teaser Bet Explained
Online sportsbooks allow for up to 10-team teasers, or sometimes more, with odds greatly increasing, and some sportsbooks allow for up to 10-point to 13-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 200 combined points for both teams. And the average NFL total is in the 40s. But the standard football teaser (at anywhere from -110 to -120 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 4.5 points at the same odds. 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.
How Does a Teaser Bet Work?
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 -110 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 -115 or even -120 for this teaser bet variation.
Teaser Bet Tie or Push
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.
NFL Betting Teaser with Example
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. The following is an example:
Original Spread:
Kansas City Chiefs -10 vs. Las Vegas Raiders, Total 52
Final Score: Chiefs 30, Raiders 21
The Four Possible Six-Point Teaser Options:
Chiefs -4, Raiders +16, Over 46, Under 58
In this example, all six-point teasers for this game were a winner.
Be sure to visit our popular NFL Picks page. Want free NFL picks? Doc's has you covered. New clients can take advantage of this great offer of $60 in free Doc's Sports members' picks for any handicapper on Doc's Expert Handicapper list. Just check out these guys' pages and see what great work they have done making money for themselves and their clients over the years. Get $60 worth of premium members' picks free . Also, get three handicappers for the price of one when you sign up for a full-season football package! Click Here for details .
Best Teaser Bets NFL: Basic Strategy Teasers
A popular strategy implored by most casual bettors is to tease favorites down so that they are closer to a pick'em and to tease a total down and take the over. A smarter strategy used by professional bettors is to make the most of the allotted points in the teaser. In what is known as a Basic Strategy Teaser or a Wong Teaser , bettors use the six points in the teaser to move the line past the two main key numbers in professional football, which are three and seven. An example of this would be moving a favorite of -8 down to a favorite of -2, thereby moving past the three and the seven, and moving an underdog of +2 points to +8. So many NFL games fall on these two key numbers, so moving the points past these key numbers gives the bettor a nice chance for profit.
Unfortunately for bettors, most sportsbooks raised the juice for a two-team, six-point Basic Strategy Teaser because the sharp bettors were consistently winning. The Expected Value was too great for the bettor at -110 vig. Therefore, the sportsbooks increased their juice on these Wong teasers to -115 or even -120 in some cases, removing most of the value and potential for long-term profit.
Are Teaser Bets Worth It?
It depends. Most smart bettors avoid NBA, college hoops and NCAA football teasers altogether. But I do know some sharp guys who use teasers in these sports on a regular basis with success. Personally, I play only NFL teasers, and, unless in very rare circumstances, I play only the Basic Strategy Teaser variety. I have found that I hit a high enough percentage of these bets that I can achieve profit even at -115 or -120 juice.
5 Team Teaser Payout List
During football season a great way to make a little extra cash is with teasers. The average gambler either plays this type of bet completely wrong, or they don't understand what they are doing and thus avoid it altogether. If you have never tried a teaser bet then you are missing out on what I think is a great way to build your bankroll during the football season.
Today we are going to be analyzing the 10-point teaser. This simply means that you are being given 10 additional points for your teams, but they all have to win or else your wager is lost. For 10 point teasers the payouts normally go something like this:
Teaser Sports Betting: Teaser Bet Explained
Online sportsbooks allow for up to 10-team teasers, or sometimes more, with odds greatly increasing, and some sportsbooks allow for up to 10-point to 13-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 200 combined points for both teams. And the average NFL total is in the 40s. But the standard football teaser (at anywhere from -110 to -120 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 4.5 points at the same odds. 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.
How Does a Teaser Bet Work?
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 -110 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 -115 or even -120 for this teaser bet variation.
Teaser Bet Tie or Push
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.
NFL Betting Teaser with Example
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. The following is an example:
Original Spread:
Kansas City Chiefs -10 vs. Las Vegas Raiders, Total 52
Final Score: Chiefs 30, Raiders 21
The Four Possible Six-Point Teaser Options:
Chiefs -4, Raiders +16, Over 46, Under 58
In this example, all six-point teasers for this game were a winner.
Be sure to visit our popular NFL Picks page. Want free NFL picks? Doc's has you covered. New clients can take advantage of this great offer of $60 in free Doc's Sports members' picks for any handicapper on Doc's Expert Handicapper list. Just check out these guys' pages and see what great work they have done making money for themselves and their clients over the years. Get $60 worth of premium members' picks free . Also, get three handicappers for the price of one when you sign up for a full-season football package! Click Here for details .
Best Teaser Bets NFL: Basic Strategy Teasers
A popular strategy implored by most casual bettors is to tease favorites down so that they are closer to a pick'em and to tease a total down and take the over. A smarter strategy used by professional bettors is to make the most of the allotted points in the teaser. In what is known as a Basic Strategy Teaser or a Wong Teaser , bettors use the six points in the teaser to move the line past the two main key numbers in professional football, which are three and seven. An example of this would be moving a favorite of -8 down to a favorite of -2, thereby moving past the three and the seven, and moving an underdog of +2 points to +8. So many NFL games fall on these two key numbers, so moving the points past these key numbers gives the bettor a nice chance for profit.
Unfortunately for bettors, most sportsbooks raised the juice for a two-team, six-point Basic Strategy Teaser because the sharp bettors were consistently winning. The Expected Value was too great for the bettor at -110 vig. Therefore, the sportsbooks increased their juice on these Wong teasers to -115 or even -120 in some cases, removing most of the value and potential for long-term profit.
Are Teaser Bets Worth It?
It depends. Most smart bettors avoid NBA, college hoops and NCAA football teasers altogether. But I do know some sharp guys who use teasers in these sports on a regular basis with success. Personally, I play only NFL teasers, and, unless in very rare circumstances, I play only the Basic Strategy Teaser variety. I have found that I hit a high enough percentage of these bets that I can achieve profit even at -115 or -120 juice.
5 Team Teaser Payout List
During football season a great way to make a little extra cash is with teasers. The average gambler either plays this type of bet completely wrong, or they don't understand what they are doing and thus avoid it altogether. If you have never tried a teaser bet then you are missing out on what I think is a great way to build your bankroll during the football season.
Today we are going to be analyzing the 10-point teaser. This simply means that you are being given 10 additional points for your teams, but they all have to win or else your wager is lost. For 10 point teasers the payouts normally go something like this:
#2 out of 2 pays -210
# 3 out of 3 pays -110
# 4 out of 4 pays +136
# 5 out of 5 pays +195
# 6 out of 6 pays +265
# 7 out of 7 pays +355
# 8 out of 8 pays +465
# 9 out of 9 pays +610
# 10 out of 10 pays +800
# 11 out of 11 pays +1025
# 12 out of 12 pays +1325
# 13 out of 13 pays +1700
# 14 out of 14 pays +2200
# 15 out of 15 pays +2850
All payouts are for $100 wagers. A (-) minus sign means you have to lay that much to win $100, a (+) plus sign means $100 bet wins you that amount.
So what is the best strategy with these bets? Here is our guide to playing 10 point teasers, remember to tease the number and not the team. That means that you really want to take advantage of getting the best odds and not worry as much about handicapping an individual teams chances of winning. You want to make it past as many key numbers as you can.
5 Team Teaser Payout Bet
Ten point teaser are pretty simple in comparison to 6.5 point teasers.
- Tease +1.5 to +11.5 and +2 to +12, but then stay away until you get to +4.5 to +6.5. I don't recommend teasing 6, 6.5 or 7 up.
- You should consider teasing -6 or -6.5 down to +4 and +3.5, but don't touch 10 either way.
- If you tease -10.5 down to -1.5 then you are in essence getting 11.5 points, but a +10 to a +20 puts you in danger of a three touchdown split.
- The best 10 point teaser numbers are 11.5 to 12.5 both ways. If it's a double digit favorite then they only need to win the game by less than a field goal and a dog gets a full extra score when they are bumped up to 21.5 or 22.
Now this doesn't mean just jump in and tease every game that is sitting on either 11.5 or 12, that would be pretty mindless and stupid. You should continue to do your handicapping and if the numbers make sense for a play either way then it's time to unload on it. I don't put as much time handicapping the actual matchups as much with teasers as I do when betting sides or totals, but it's not just blindingly throwing action out there either.
3 Team Teaser Payout
Another example when a 10 point teaser is great.
Iowa is a -19.5 favorite at home against Iowa State. If you like Iowa then lay -9.5 to get the key numbers on your side, so the better team needs to win by only a touchdown and a field goal.
What Is A Teaser Bet
If you can make a case for Iowa State then you get +29.5 with lots of key numbers in there that can't beat you.
