What Is A Teaser Bet?

Pricing on teasers has evolved over the years thanks precisely to the +EV bets outlined above. Simply booking some Wong teasers and waiting for the profit to roll in may not work anymore. That’s because printing on teaser bets was far easier when -110 pricing was widely available. Often, teasers involve two teams, but some sportsbooks allow up to 10 bets in a teaser. The bettor buys some number of points, and in return, must parlay two or more selections. We’ll go over all of that and more in this primer on teaser betting.

Generally, the lower the total, the better the value of teasers. The points you buy are just more likely to matter in a lower-scoring environment. In football, you want to buy three and seven since those are the most common winning margins.


Reader Mac and I have been going back and forth on teaser strategies recently and his question was the inspiration for this piece. The games in question were Cincinnati teased to -4 against the Jets and the Patriots teased to +11.5 against the Chargers. The value of getting 6.5 https://entrenaeficiente.com/2021/10/09/free-college-football-picks-against-the-spread/ instead of 7 or 2.5 instead of 3 is worth about 20 cents of line equity in the NFL. I haven’t done the math or seen it done, but I would believe that a straight wager at -110 on -6.5 or +3.5 is a better option than a teaser at -7 or +3. The Falcons are coming off a blowout loss to the Cowboys while the Patriots are riding high after thrashing the Browns for their fourth straight cover. The spread is up three points from the look-ahead line as a result.

Panthers Vs Falcons Odds, Spreads & Betting Lines

The wager is usually a percentage of bankroll but could also be a fixed dollar amount. Decimal Odds – This is a different way to present odds than Americans are used to. They’re sometimes called “European odds” since this is how odds are listed with European sportsbooks. The math is easier to figure out for most bettors than US moneyline odds. Decimal odds are derived from a simple calculation of the amount bet x odds.

One matchup to watch for will be Patriots wide receiver Nelson Agholor against the Falcons’ secondary. The Falcons have allowed the second-most receiving touchdowns per game to opposing wide receivers (1.4), while Agholor has averaged the second-deepest depth of target in the NFL . For example, a three team round robin consists of three 2 team parlay bets (Team A + Team B, Team A + Team C, Team B + Team C). If Team A loses their game, you still have an opportunity to win on your parlay of Team B + Team C. The total is the specified estimate of the two teams combined score at the end of a game.

For example, say you like two favorites this weekend and both are -6.5 on the spread. You could tease both down to -0.5, which means they just have to win the game in order for your teaser to hit. If you’re still familiarizing yourself with sports betting and not yet sure how to bet effectively, a betting odds calculator is a useful sports betting tool. You simply enter the amount you wish to wager along with the odds.

Many describe pleasers as a combination of parlays and teasers, so let’s break that down next in our NFL teasers guide. A two-team parlay generally pays out at +260 (bet $100 to win $260), 6-1 for a three-team parlay, 10-1 for a four-team parlay, and the numbers go up exponentially from there. NFL totals simply don’t fall on certain numbers or within a specific range enough to justify the math. There are key numbers to be aware of when betting over/unders, but they don’t hit frequently enough for a tease to make mathematical sense. You may hear some bettors refer to doing this as the good ol’ Wong teaser .

$1k Risk Free Bet

You check the odds, and the sportsbook you’re using pays out two-team six-point teasers at -110. Now that you know how to place a teaser bet, you’re probably wondering about how to calculate your winnings. In teaser betting, the odds for the payout are determined by the number of teams in your teaser, and the point spread you’re betting on. A Wong teaser is a 6-point teaser that involves favorites of -7.5 to -8.5 and underdogs of +1.5 and +2.5. Since most games are decided by those key numbers if we can tease them down to fall within that range, it increases our chances to win a teaser bet substantially. Wong teasers, commonly known as “basic strategy teasers,” are one of the most popular forms of advanced strategy teasers for NFL bettors.

Also, since many teaser cards use half points, the chance of a push is eliminated. That means each selection on teaser parlays must win outright to cash a winning ticket. The disadvantage is that betting on multiple games makes it tougher to place a correct wager. On a moneyline or point spread bet, you only need to predict the outcome of one game correctly.

Do I Have To Use Bet Calculators Before Wagering?

By picking only 6-point sides, the probability of success of each pick increases from 66.91% to an estimated 68.31%. The following table shows the expected return when the player picks only sides that move six points in his favor. The return ranges from a player edge of 15% to a house edge of 35%. As with any teaser card, the house edge can be cut significantly by getting more than the average number of points and/or crossing through key margins of victory.