Nfl Teaser Bet

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In NFL betting, a teaser is when you take all the games you have in a parlay, and you adjust the point spreads (or totals) in order to make the outcomes more likely to occur. You’re also reducing your possible payout at the end – that’s the bargain you strike in order to lower your risk.

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. If you’re new to the world of sports betting, you may have heard of an NFL teaser bet and wondered what one is. The simple answer is that a teaser bet is a group of two or more straight bets.

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Nfl Teaser Bets Online

Teaser bets come in three different sizes when you bet on the NFL: six points, 6.5 points and seven points. The more points you tease by, the lower your payout will be at the end.

Teaser bets can seem complex at first glance, but a little bit of practice is all that it takes to gain a good understanding of them. They can be a solid tool to have in the arsenal each season, especially for contests and point spreads that have you feeling unsure.

Let’s take the Houston Texans example we used in our section on parlay betting:
  • Texans -4
  • OVER 48
If we decide to use a six-point teaser on this matchup, we’re changing the odds so they looks like this:
  • Texans +2
  • OVER 42

Those odds make it a lot easier for the Texans to cover the spread and for the over to exceed the posted total. However, your payout in this situation is -110, meaning an $11 bet will return $10 instead of $29.10 (using the multiplier of 2.645 for a two-team parlay). If you had bought a 6.5-point teaser instead, the payout would be -120. A seven-point teaser would pay out at -130.

Applying Teaser Bets

Nfl Teaser Betting

Teasers can be applied to any parlay up to 10 teams in size. The best time to use them is when you can move the point spread so that it crosses one of football’s “magic numbers” like three or seven, since more NFL games are decided by a field goal or a touchdown than any other margin. In the above example, the Texans wouldn’t have covered if they had won by a field goal, but they would have with the teaser in place. Is it worth the smaller payday? That’s up to you to decide.

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If you’re new to the world of sports betting, you may have heard of an NFL teaser bet and wondered what one is.

The simple answer is that a teaser bet is a group of two or more straight bets combined into a single wager. That wager has each individual line shifted to be more in your favor by the number of points of the teaser.

For the NFL, at SportsBetting.com there are typically three main point teasers: 6, 6.5 and 7 points.

The best way to describe an NFL teaser bet is to give an example, so here’s one to help break it all down. Say you come across two games where you’re sure the teams you want to pick — like the Bills and the Packers — are going to win, but you’re not extremely confident about the points. You can shift those points to a more confidence-inspiring position.

If you’re going to take the Bills at -7 and the Packers at -2.5, and you choose to take a 6-point NFL teaser, the line would shift to the Bills at -1 and the Packers at +3.5. As you can see, that shift greatly increases the odds of you pulling out the win.

The same idea goes for the 7 and the 6.5 NFL teasers with the line shifting by the selected amount.

With every edge you gain in gambling, your potential rewards are usually reduced as well. That’s the major caveat when it comes to teaser bets. The more you shift the line in your favor, the more your payout is going to shrink.

Also, keep in mind that teaser bets cannot be single game wagers. Two or more bets are parlayed into a single bet. You can add as many as you want, but keep in mind that in order to win a teaser bet, all the outcomes on the betting slip have to be correct. So, if you bet two teams to win and both do, you’ll win your bet. If only one team of the two wins, you lose.

Sometimes, depending on the sportsbook you’re using, such as SportsBetting.com, a tie in one game can lead to a refund of the wager. Make sure to check the rules at the sportsbook of your choice before you make your wager.

Are Teaser Bets Worth The Risk?

Nfl teaser bets odds

Teaser bets are less popular than normal moneyline or spread bets when it comes to sports wagers, but the popularity is increasing as more and more sportsbooks open across the United States.

The wager is more popular with experienced bettors, but as long as you understand the concept, it’s a fairly easy bet to make.

But is it worth it?

Teaser

Obviously risk vs. reward is part of every gambling equation, and you have to weigh the rewards of any wager you make before putting your money down. When it comes to teaser bets, that risk and reward relationship is often not a favorable one.

Nfl Teaser Betting

For example, if you were to place a parlay wager that has a potential payout of 2.6-1, a 6-point teaser might change that payout to 10-12. In terms of your return, a $10 teaser bet with those odds would pay $8.33. The parlay, on the other hand, would have paid $26. Your potential winnings are greatly reduced because your spreads were improved due to the teaser bet.

Teaser Betting Odds

In general, teaser bets are often avoided by sports bettors because of the reduced potential winnings. Those who do choose to use them tend to do so in very situation-specific circumstances, and do so after thorough research and consideration of the options on hand.

Nfl Teaser Bets

Whether or not teasers are worthwhile for you is something you’ll have to determine for yourself. Is the risk worth the potential reward? Or are you better off making a wager with a better potential payout? Do your research, consider your options and weigh the risk vs. reward before placing any bet.

Nfl Teaser Bets

SportsBetting.com is a licensed sportsbook in the state of Colorado. Customers 21 years and older within Colorado state lines can wager legally through the website or mobile app beginning September 1. The content above is solely for informational purposes and does not guarantee future winnings.