Teaser Betting - An Introduction Into Making Teaser Bets At Online Sportsbooks
What are sports teaser bets, and how do they work? Why would someone make a teaser bet? Are teasers smart, or are they just sucker bets? Straight bets on the money line or point spread and totals betting (also known as betting on the over/under) are the most common bets placed by both beginners and veteran sports gamblers. But when you feel like two or more bets you would like to place have numbers that are very close to where you think they should be, the teaser can be a powerful tool. Tired of losing college and pro sports wagers by a point, or maybe even a half point? Then you may want to turn to betting teasers as a way of improving your odds of cashing in at the pay window. This guide will take a look at exactly what is involved for various types of sports and betting lines, as well as take a look at the teaser odds and rules.
Obviously, if an online sportsbook allows you to manipulate the numbers they have dictated in a particular sporting contest, there is going to be a price to pay. A 7 point two team teaser might pay 10/13 (you would win $76.90 on a $100 teaser bet, whereas $100 spread across those same two teams in a standard point spread bet would win $100). So there is definitely a price you pay, but veteran gamblers understand that this is in return for being able to choose multiple bets which are combined into one wager, while you manipulate the individual lines and numbers in any direction you choose. Still confused? Let's take a look at a real world example.
Example Of How To Bet Teasers
You love your Pittsburgh Steelers (-6), and believe they are going to beat the Cleveland Browns on the road this week. You also like the Indianapolis Colts (-3) at home against the Tennessee Titans. But when you did your pregame research, you figured Pittsburgh was about a 6 point favorite, and Indy should be about a field goal better than the Titans. As a smart gambler, you realize that when a sportsbook gives you numbers that seem to be in line with what you believe, you should usually look elsewhere, as there is no built-in advantage. However, by placing a two team 7 point football teaser bet, you can change the point spreads on each of those games by 7 points each. You now have your beloved Steelers getting 1 point from the Browns, and the Colts, who you figure are the better team this week, are now getting 4 points against Tennessee.
However, when you bet teasers there is something you need to remember. This option is usually available on football, basketball and some other sports, but you would be wise to open accounts at multiple online sportsbooks. Aside from shopping around for the best lines and numbers, which always makes sense, many sportsbooks treat teasers differently. One thing that remains consistent is this. If all of the bets in your two team teaser (or three team, four team, ten team teaser) win, you win. In some online sportsbooks, if one of your two team teaser bets wins and the other is a tie, that is considered a push, and you lose no money. But at other Internet sports betting websites, if one of your teams ties on a teaser bet, this is considered a loss. Just keep that in mind when you place your teaser bets online.
And while you will from time to time see teaser bets available on many sports, they are generally offered on college and professional football and basketball. The NFL and NCAA football and basketball leagues are where you will be placing the predominant amount of your teaser bets. In basketball teasers, you can generally move the line 4, 4.5 or 5 points. In football the numbers tend to be 6, 6.5, 7, 10 and sometimes 13 points. Bear in mind that the more points and teams that you tease, the more expensive the price, and the smaller payout. And you can combine point spread and totals (over/under) bets to make your teaser wagers. Generally speaking, sticking to two teams and moving the line the fewest number of points will give you the best odds of winning your teaser bet, and the best payout as well.
Top Sportsbooks Offering The Best Teaser Odds And Payouts
Keep in mind that teaser bets can range between 2 teams and 15 teams depending on the offerings at the sportsbook at which you are betting. I typically decide how many points I am going to tease depending on the original line. For example if Denver Broncos are giving up 3.5 on the original line, I might do a 7 point teaser so I can get them +3.5. The idea is to get them + a field goal. If they were only giving up 1 point on the front line, I might only do a 6 point teaser because I would still have them at +5 points for the game. The following sportsbooks offer some of the highest teaser payouts in the industry.
| Sportsbook Name | Teaser Odds | Bonus | USA |
|---|---|---|---|
| Bovada Sportsbook | 2 Teams 7 Points -130 3 Teams 7 Points +120 4 Teams 7 Points +160 |
50% Max $250 | Yes |
| Betonline Sportsbook | 2 Teams 7 Points -130 3 Teams 7 Points +110 4 Teams 7 Points +150 |
25% On Every Deposit | Yes |
| Sportsbetting.ag | 2 Teams 7 Points -130 3 Teams 7 Points +110 4 Teams 7 Points +150 |
25% On Every Deposit | Yes |
| Bookmaker | 2 Teams 7 Points -130 3 Teams 7 Points +110 4 Teams 7 Points +200 |
25% Max $2500 | Yes |
| Betdsi Sportsbook | 2 Teams 7 Points -130 3 Teams 7 Points +110 4 Teams 7 Points +200 |
25% Max $2500 | Yes |
Example Of How To Bet Teasers At Bovada Sportsbook
If you want to make a teaser bet at Bovada, look at the ride side of your screen after selecting the teams you want and you will have the option to select teaser.
