Are Teaser Bets Worth It

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. These types of wagers allow for multiple selections or 'legs' to make up one all-encompassing bet, but give the bettor a little more freedom with some help on the betting lines. Keep reading more below as we will explain further in-depth and help you understand how betting odds work when it comes to making a teaser bet

These bets are pretty popular in football, but simply don't get as much action in basketball. What is a Teaser Bet in Basketball? Understanding How They Work. For those that don't know what a teaser is and how it works, here's a quick explanation. The basic principle of a teaser is moving the line in your favor. It's quite the question: Are teaser bets worth the juice? For some people, it could literally be a million-dollar question, but in short, it depends. Teasers are just one kind of bet and, when used effectively, can be serious game-breakers for sportsbooks that allow bettors to take advantage of them. Types of Teasers. Unlike straight bets, teaser bets come in a variety of different sizes depending on which online sportsbook you use. NFL Teaser Odds. When betting NFL teasers, the most common football teaser varieties are selecting two or three teams and teasing NFL lines by 6, 6.5 or 7 points.

What Is A Teaser Bet

A teaser is akin to a parlay placed on a number of games, but the difference is that points are adjusted in order to help you. As you put together your selections onto your betting slip, instead of needing the lines as they are to hit, they will move a handful of points to make it more attainable. Of course, with this adjustment, the odds to win increase but that also means that you would not win the same amount that could be expected if you left it as a normal parlay. Like a parlay though, all of your selections must be correct and any one 'leg' that was incorrectly chosen will result in a losing teaser wager.

Why Bet On Teasers

Teasers can be advantageous to bettors that are fond of using parlays, but are not comfortable with the particular spreads or totals that have been set within a desired game.

A teaser allows the line to be shifted for these parlay-type wagers so that the percentage of winning them goes up in theory. As such, it makes them easier to win, unlike the opposite of a teaser, which is a pleaser. A pleaser takes points away making it more difficult to win the line by increasing the spread. But then the payout is much higher. For more information on pleasers, please visit the preceding link.

Example Of How A Teasers Work

Say you want to take an NFL teaser on two games. The Green Bay Packers are favored by (-6) over the Detroit Lions, and the New England Patriots are (-3) favorites over the Baltimore Ravens. Those are the established betting lines for the two matchups by oddsmakers and you could take them just as they are (which is a parlay). But if you decide you want to take a teaser – let's use a six-point teaser as an example – the betting line is adjusted in your favor depending on which side of the betting line you want to bet.

So, say you like Green Bay and New England in this example. With a teaser, the betting lines will move so that the Patriots are now 3-point underdogs to Baltimore, and the Packers are now a pick'em against Detroit. Since the lines have moved, the payout is going to be less than leaving it as a parlay, but your odds of winning go up as it becomes much easier.

Other Types Of Teasers - Sweetheart Teasers

Another type of teaser bet that not all gamblers know about is the sweetheart teaser. Sweetheart teasers are a special type of teaser bet that rewards players who understand point spreads better than the average gambler. Available at some sportsbooks, especially those that cater to the US market, so-called sweetheart teasers exist that give the gambler even more points to play around with (anywhere from 10 or 13) but there is a catch. Sweetheart teasers require that you pick at least four to six teams. Pushes on sweetheart teasers make your entire bet a losing proposition.

Bovada Sportsbook - Best Sports Betting Site For Teaser Bets

Teaser bets are always fun and Bovada knows that which is why most players sign up for Bovada accounts. Getting a chance to place a teaser bet on Bovada is one of the huge plusses that players check out. This is where all the guys go and make money on bets that are favored for them. The line moves and looks much better for players with an account with Bovada. The teaser bets are put together by the player and it is customized by them. This is plenty of reason to get an account with Bovada

SportsBetting's Sportsbook - Tons Of Teaser Options With Adjustable Lines

SportsBetting has more than enough betting odds and options for players. The teaser options are here as well and this may be one of the more exciting betting options for players to pick and use. These teaser bets are more made by the players so this is where the player really feel confident in the bet they make on these teams as the lines can be moved. Moving points will happen with teaser bets and this is what intrigues SportsBetting account holders.

BetOnline Sportsbook - Best Sportsbook Bonuses And Promotions For Teaser Bets

A lot of games that are played are on BetOnline sportsbook. The age requirement for players to sign up is 18 and older. All it takes is for a player to be that age and they can have an account and place these teaser bets that are offered. These teaser bets are here for players to choose and it is for any sport and for all fans. There will always be bonuses as well so this means that they will be more money and free plays offerd to players. The teaser bets are at the top of the list for all players. Being able to see the points move in your favor is a massive bonus and that could happen on BetOnline.

MyBookie Sportsbook - Teaser Bets Here On MyBookie

It is ok to know that more money will be in your account if you take a few teaser bets on MyBookie. There are plenty of betting options but here on MyBookie, there is nothing wrong with players taking teasers bets. In fact, taking teaser bets could be as profitable as any other betting option like live betting on mobile betting. The moving of points is one thing that sticks out and usually, this is why players like to place teaser bets. This is just one way that players get win a lot of money on MyBookie.

Every sports bettor is searching for a way to make winning just a little easier. On the other hand, the sportsbooks are well aware of this and have implemented what I would consider 'trick plays' to get more money out of you.

An example of one of these trick plays is the teaser bet. It promises better odds and easier wins, but when you run the numbers, is it really worth it?

In this article, I'll explain what a teaser bet is and why you should think twice before incorporating them into your overall strategy.

Understanding Teasers

The first thing you need to know about teaser bets, if you're unfamiliar, is that it requires you to win multiple games in order to win your bet. With that being said, there is a benefit for the bettor in the way the odds are adjusted.

The most common example would be to use an NFL game. The two-team, 6-point teaser is considered the standard.

You get additional points in each game on top of the original spread. If you were betting on the Patriots at -10 and the Falcons at +3, the new odds would be Patriots -4 and Falcons +9. Obviously, these are a significant help in winning the bet. In nearly all cases, you'll be looking at the standard -110 odds.

Although you are getting a much more favorable point spread, it's important to remember that you must win both games in order to cash in. This presents a challenge that sports bettors, especially those who regularly bet on the NFL, are all too familiar with.

For the following reasons, I would suggest using teasers sparingly, or even not using them at all.

1 – The Numbers Don't Work In Your Favor

Sportsbooks and online sports betting sites know that the vast majority of gamblers aren't going to crunch the numbers to find out if they're actually getting a better deal on a certain play. You might be surprised that parlays are actually tipped in the house's favor, until you get to four or five different bets where winning is highly unlikely.

Here are the numbers you need to know:

In order to be profitable betting normally, meaning a single bet with a -110 vig, you need to win about 53% of the time. It's a tall order, but some bettors are able to get to this number. When it comes to teasers, you need to win each game 73% of the time in order to be profitable.

Now, it's true that you do have a much higher chance of winning with the extra points on your side, but are you being compensated for your risk? The answer, in nearly all cases, is no.

2 – The Points Don't Matter as Much as You Think

I've never understood people who agonize over an extra point or half-point when it comes to the spread. Sure, there are times when it comes into play, but the vast majority of games are decided well outside the spread.

Getting six additional points with a teaser is nothing to be scoffed at, but it's important to consider if it's really going to be a factor in both games that make up the play. The reality is that you're taking on major risk, meaning you need to win both games or you lose the bet in exchange for the extra points.

The next time you sit down for an NFL Sunday slate of games, keep track of which games would have been impacted by the 6 points. You might be surprised to find that it's only a handful each week, meaning most gamblers would be better off just playing the games the traditional way.

3 – There Are Simply Better Options

The real argument against teasers isn't so much pointing out the flaws but, rather, looking at the alternative plays that you could be making instead. Without question, there is tremendous value to be enjoyed if you look elsewhere.

• First, you're better off simply betting on the spread as it is without the teaser. If you go 5-5 on the day but bet all teasers, you could theoretically lose every single play. If you just bet the games individually, you'd still be close to even.
• Second, if you're utilizing a teaser, then you're probably ignoring the opportunities presented by the moneyline underdogs. To continue with the theme of not overestimating the impact a few points has on winning or losing a bet, consider all the games that have an under 4-point spread for either team.

A lot of games that are played are on BetOnline sportsbook. The age requirement for players to sign up is 18 and older. All it takes is for a player to be that age and they can have an account and place these teaser bets that are offered. These teaser bets are here for players to choose and it is for any sport and for all fans. There will always be bonuses as well so this means that they will be more money and free plays offerd to players. The teaser bets are at the top of the list for all players. Being able to see the points move in your favor is a massive bonus and that could happen on BetOnline.

MyBookie Sportsbook - Teaser Bets Here On MyBookie

It is ok to know that more money will be in your account if you take a few teaser bets on MyBookie. There are plenty of betting options but here on MyBookie, there is nothing wrong with players taking teasers bets. In fact, taking teaser bets could be as profitable as any other betting option like live betting on mobile betting. The moving of points is one thing that sticks out and usually, this is why players like to place teaser bets. This is just one way that players get win a lot of money on MyBookie.

Every sports bettor is searching for a way to make winning just a little easier. On the other hand, the sportsbooks are well aware of this and have implemented what I would consider 'trick plays' to get more money out of you.

An example of one of these trick plays is the teaser bet. It promises better odds and easier wins, but when you run the numbers, is it really worth it?

In this article, I'll explain what a teaser bet is and why you should think twice before incorporating them into your overall strategy.

Understanding Teasers

The first thing you need to know about teaser bets, if you're unfamiliar, is that it requires you to win multiple games in order to win your bet. With that being said, there is a benefit for the bettor in the way the odds are adjusted.

The most common example would be to use an NFL game. The two-team, 6-point teaser is considered the standard.

You get additional points in each game on top of the original spread. If you were betting on the Patriots at -10 and the Falcons at +3, the new odds would be Patriots -4 and Falcons +9. Obviously, these are a significant help in winning the bet. In nearly all cases, you'll be looking at the standard -110 odds.

Although you are getting a much more favorable point spread, it's important to remember that you must win both games in order to cash in. This presents a challenge that sports bettors, especially those who regularly bet on the NFL, are all too familiar with.

For the following reasons, I would suggest using teasers sparingly, or even not using them at all.

1 – The Numbers Don't Work In Your Favor

Sportsbooks and online sports betting sites know that the vast majority of gamblers aren't going to crunch the numbers to find out if they're actually getting a better deal on a certain play. You might be surprised that parlays are actually tipped in the house's favor, until you get to four or five different bets where winning is highly unlikely.

Here are the numbers you need to know:

In order to be profitable betting normally, meaning a single bet with a -110 vig, you need to win about 53% of the time. It's a tall order, but some bettors are able to get to this number. When it comes to teasers, you need to win each game 73% of the time in order to be profitable.

Now, it's true that you do have a much higher chance of winning with the extra points on your side, but are you being compensated for your risk? The answer, in nearly all cases, is no.

2 – The Points Don't Matter as Much as You Think

I've never understood people who agonize over an extra point or half-point when it comes to the spread. Sure, there are times when it comes into play, but the vast majority of games are decided well outside the spread.

Getting six additional points with a teaser is nothing to be scoffed at, but it's important to consider if it's really going to be a factor in both games that make up the play. The reality is that you're taking on major risk, meaning you need to win both games or you lose the bet in exchange for the extra points.

The next time you sit down for an NFL Sunday slate of games, keep track of which games would have been impacted by the 6 points. You might be surprised to find that it's only a handful each week, meaning most gamblers would be better off just playing the games the traditional way.

3 – There Are Simply Better Options

The real argument against teasers isn't so much pointing out the flaws but, rather, looking at the alternative plays that you could be making instead. Without question, there is tremendous value to be enjoyed if you look elsewhere.

• First, you're better off simply betting on the spread as it is without the teaser. If you go 5-5 on the day but bet all teasers, you could theoretically lose every single play. If you just bet the games individually, you'd still be close to even.
• Second, if you're utilizing a teaser, then you're probably ignoring the opportunities presented by the moneyline underdogs. To continue with the theme of not overestimating the impact a few points has on winning or losing a bet, consider all the games that have an under 4-point spread for either team.

If a spread is less than a touchdown, it's reasonable to think that the sportsbooks are saying the game could go either way. Instead of just accepting the -110 odds, take the leap and bet on the moneyline underdog. Yes, this is going to result in you losing a few additional games, but when you're dealing with +130 to +150 odds, your wins are going to cover your losses—and then some.

The bottom line is that gambling requires a significant degree of risk tolerance to be successful. It's necessary to accept that you're going to lose a high percentage of the time. The key is to maximize wins and hope that it offsets your losses.

Remember, the win/loss categories don't matter as much as the financial side of things. Trying to get easy wins, such as with a teaser, almost always benefits the house.

4 – Consider Why They're Being Offered

Have you ever known a sportsbook to create offerings that benefit bettors? If so, I'd love to be pointed in that direction.

In the same way that sportsbooks set their odds with some knowledge of public bias, so too do they create betting options with the same thing in mind.

Parlays and teasers are two examples of bets that are offered in the hope of attracting people who are looking for easy wins. Simply put, be smart enough to avoid taking the bait. This is yet another example of, 'if it looks too good to be true, it probably is.'

When it comes to betting on sports, especially the NFL (where the sportsbooks are receiving a huge amount of action and have a huge incentive to get the most out of gamblers), there's just no such thing as a 'gimme.' If you think you've found one, the bet offering is probably a wolf in sheep's clothing.

Teaser Bet Calculator

5 – It's All or Nothing

I've touched various aspects of this idea throughout the article, but to lay it out bluntly: it's hard to go 2-0. In this case, to go 2-0 on the day, you'd actually have to go 4-0 if you're using teasers.

If you go 3-1 in the early round of games on an NFL Sunday, you're going to feel good about your plays. You're up a good deal, and can play with house money in the evening games. With teasers, you could go 3-1 on the day and end up being down slightly. In my opinion, any time you put yourself in the position where three wins and one loss ends up being a net-loss financially, you've made a mistake.

To further demonstrate the point, it's important to look at the implication of playing teasers regularly. If each and every bet you make requires you to accurately predict two outcomes of an inherently unpredictable game, it's simply too difficult to win consistently.

When betting teasers, you can finish the NFL weekend correctly picking eight of 12 games. Ordinarily, this would be an outstanding and profitable weekend. If you're betting teasers, an 8-4 record (meaning six total teasers played), could potentially result in two wins and four losses. That's just not a winning formula.

6 Point Teaser Bet

Conclusion

Are Teaser Bets Worth Items

Teasers allow you to feel great when you lock in a bet. With an extra 6 points on your side, it seems like you're stealing money from the sportsbook. The reality is much more nuanced, and it's important that you don't misunderstand the decision you're making.

Football Teaser Bets

Sportsbooks love parlays and teasers. In the former, people are trying to maximize their money without recognizing the risk. In the latter, people are trying to maximize their number of wins without recognizing the risk. In all cases, it's simply better to bet straight up and let the chips fall where they may.

Sweetheart Teaser Bets