What’s a teaser bet? A teaser is a parlay, meaning that two or more bets are combined into one ticket.<\/p>\n\n\n\n
Teasers are a unique way to change the spread of multiple games and are most common in high-scoring sports like the NFL.<\/p>\n\n\n\n
We’ll run through teaser examples in both sports, starting with the NFL. <\/p>\n\n\n\n
Let’s use the Kansas City Chiefs and Los Angeles Rams as our first example. <\/p>\n\n\n\n
For our sake, we’re going to say the Chiefs are 9.5-point home favourites over the Las Vegas Raiders, while the Rams are 4.5-point home underdogs versus the San Francisco 49ers.<\/p>\n\n\n\n
If you like Kansas City and Los Angeles but aren\u2019t 100% confident they will cover the spread, you can tease the spreads to more palatable numbers.<\/p>\n\n\n\n
In this scenario, we will tease both games by 7 points, standard to the NFL, as it represents a touchdown and extra point.<\/p>\n\n\n\n
By doing that, we bring the Chiefs spread down to -2.5, meaning they only have to win by a field goal instead of 10. Los Angeles, meanwhile, would become a +11.5 underdog, meaning they can lose by 11 points or fewer, instead of just four.<\/p>\n\n\n\n
When teasing a game, you are paying more juice (the cut you give the sportsbook for taking your bet), but are gaining points. That’s the key trade-off.<\/p>\n\n\n\n
Normal point spread odds in the NFL (and the NBA) are -110 for both the favourite and underdog. So at the normal spread in the Chiefs and Rams examples, it means Chiefs -9.5 and Rams +4.5 would both have odds of -110.<\/p>\n\n\n\n
Those odds mean that you would have to wager $110 to win $100.<\/p>\n\n\n\n
If you bet on these games as a parlay, though, the odds would be +264. That would return a profit of $264 on a $100 wager. Why the bigger payout? Because betting on more than one outcome on a single ticket comes with more risk. You would have to get both bets right in order to win.<\/p>\n\n\n\n
Now, when teasing these games, the odds would change. <\/p>\n\n\n\n
Let’s say the Chiefs at -2.5 had odds of -260 while the Rams at +11.5 was -240. Bet together, the odds would be -104 and you would profit $96.15 on a $100 wager.<\/p>\n\n\n\n
It\u2019s worth noting that the odds won\u2019t always be exactly the same for every teaser card. <\/p>\n\n\n\n
Teasing totals is very similar to teasing points.<\/p>\n\n\n\n
If an over\/under is set at 47.5 at -110 odds in the NFL, you can tease it seven points either way. Over 40.5, or under 54.5 both provide more of a cushion, but it changes the odds.<\/p>\n\n\n\n
So we\u2019ve established teasers are selling odds to buy points in order to be safer, but what if you want to do the opposite?<\/p>\n\n\n\n
This isn’t typically given as an option, but you can manually change the spreads in what is known as a reverse teaser. That means you are teasing the line in the opposite direction to get a massive uptick in payout potential.<\/p>\n\n\n\n
This is more unlikely to cash and you’re essentially selling points to get plus odds. <\/p>\n\n\n\n
Let\u2019s say the Buffalo Bills are 10.5-point favourites at home vs. the Carolina Panthers and you believe a total blowout is going to happen. Then you can reverse-tease them to -17.5, meaning they now have to win by 18 or more.<\/p>\n\n\n\n
Further, if the Green Bay Packers are 4.5-point underdogs against the Dallas Cowboys and you think they\u2019ll win, you can reverse tease the line to Packers -3.5.<\/p>\n\n\n\n
Combining these two reverse teasers is risky, as you are going a touchdown away from what the operator believes will occur. But the odds would be tantalizing and look like this:<\/p>\n\n\n\n
Packers -3.5 (+200) That would generate odds of +860.<\/p>\n","protected":false},"excerpt":{"rendered":" What’s a teaser bet? A teaser is a parlay, meaning that two or more bets are combined into one ticket. Teasers are a unique way to change the spread of multiple games and are most common in high-scoring sports like the NFL. We’ll run through teaser examples in both sports, starting with the NFL. Teaser […]<\/p>\n","protected":false},"author":4,"featured_media":296584,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sidebar_plugin_meta_block_field":"","footnotes":""},"categories":[59],"tags":[33],"class_list":["post-644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bet-101","tag-betting-markets"],"acf":[],"yoast_head":"\n
Bills -17.5 (+220<\/em>)<\/p>\n\n\n\n