Teaser Bet
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.
6 Point Teaser Payouts
- 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. Sportsbooks can vary on some of this, namely their exact payout schedule and other major concerns like whether a tie results.
- 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.
- A teaser bet is a group of straight bets (two or more) combined into one bet, where each individual line has been shifted to your favour by the number of points of the teaser. There are three main NFL teasers – 6, 6.5 and 7 point teasers. In a 6 point NFL teaser the line would be shifted by 6.
Teaser bet example
A teaser bet is a parlay bet that uses modified point spreads. For example: a 2-team 6-point teaser on Giants -8.5 -110 and Patriots +4.5 -110 gives you Giants -2.5 and Patriots +10.5 as a parlay. The odds for 6-point teasers vary between bookies.
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.
Teaser Bet Push
A teaser (or a 'two-team teaser') is a type of gambling bet that allows the bettor to combine his bets on two different games.[1] The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.
A teaser is a type of wager used in sports betting, most commonly in basketball and football. This wager is a multi-team wager, allowing the bettor to choose a minimum of two teams up to, in some cases, 15 teams. The bettor will get points on his favor to add or subtract to the teams chosen to improve the point spread chosen.
There are two types of teasers. The first kind, known as a 'Super Teaser,' 'Special Teaser,' 'Big Teaser,' or 'Monster Teaser, ' allows the bettor to choose three, four, or in some cases five teams, and gives a larger number of points to add or subtract to the spread of the selections chosen. In return, the bettor will receive less money than the one risked in the bet.
The second type of teaser, known as a 'Vegas Teaser,' or simply a 'Teaser,' is more of a combination between a parlay and the first teaser explained. In this case, the bettor will receive fewer points to adjust the spread of the selections chosen, but the more teams chosen in the wager (from two to 15 in some cases), the higher the payout will be.
Example[edit]
Super Bowl XLV: Pittsburgh vs. Green Bay
Normally, if these bets are played together as a parlay, a bettor will win $260 on a $100 bet. However, with a teaser, the bettor will win $100 on a $110 bet, 10 to 11 odds. The reasoning is that one will get 6 points to adjust the spread (in either direction).
If one bets on Pittsburgh, a +2.5 underdog, they are now +8.5 underdogs (+2.5 + 6).
If one bets on Green Bay, a -2.5 favorite, they now become +3.5 underdogs (-2.5 + 6).
Bet on the over and the line is 39.5 (45.5 - 6).
Bet on the under and the line is 51.5 (45.5 + 6).
Many bettors like the teaser bet because it gives the bettor more cushion, but like a parlay, one must hit all aspects of the bet to win.There is still debate among experienced sports bettors if teasers are good wagers or not. Opinions vary on the subject, with some believing they are poor option, while others believe they are worthwhile, especially as more games tend to fall close to the point spread.[1]
Many sportsbooks also offer teaser cards (similar to parlay cards). In most cases, teasers must involve 3 or more teams, and spreads and totals have half points to avoid ties. Cards are usually printed in the morning (Every Wednesday morning for football) and the lines on the cards are fixed, though the book reserves the right to take the games off the board.
See also[edit]
References[edit]
- ^ abMoody, Allen. 'Sports Betting - How to Bet Teasers'. Archived from the original on 2008-09-30. Retrieved 2018-06-26.