Teasers

Sports Betting 101 – Teasers

Teaser Betting

Ever wondered – How do you bet on sports by placing teaser bets in an online sportsbook?

A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A “Tie” or “No Action” and a “Win” on a two team teaser shall constitute a “No Action” wager. A “Tie” or a “No Action” and a “Loss” on a two team teaser shall constitute a “Losing” wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. (Example: A tie on a three team becomes a two team teaser.)

An example of a teaser wagers is as follows. For our example, let us say you wish to choose three football teams: Denver -7, New York -3 and Chicago +15. The payout of the wager is dependant upon how many points you wish to receive. Let us choose a 3 team 7 point teaser. If we look at the chart below, this wager is listed as 12/10, which means we will win $12 for every $10 that we wager. The point spreads are adjusted as follows

• Denver -7 plus the adjusted seven points = Even
• New York -3 plus the adjusted seven points = +4
• Chicago +15 plus the adjusted seven points = +22

Therefore, if each and every one of the three teams wins against the adjusted spread, you win $12 for every $10 you wager.

Teaser Payoffs/Odds for Basketball and Football

Basketball 4 Points 4.5 Points 5 Points Football 6 Points 6.5 Points 7 Points 2 Teams -110 -120 -130 3 Teams +180 +160 +140 4 Teams 3/1 (+300) 5/2 (+250) 2/1 (+200) 5 Teams 4.5/1 4/1 3.5/1 6 Teams 6/1 5.5/1 5/1 7 Teams 10/1 9/1 8/1 8 Teams 15/1 12/1 10/1 9 Teams 20/1 15/1 12/1 10 Teams 25/1 20/1 15/1 11 Teams 35/1 25/1 20/1 12 Teams 50/1 35/1 25/1 13 Teams 75/1 50/1 35/1 14 Teams 100/1 75/1 50/1 15 Teams 150/1 100/1 75/1
3 Team 10 point Football – 10/12
7 Point Basketball Teasers Odds – 10/12
* All ties lose

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