Gambling teaser example
For example, if a game has the point spread set at with the total at 51 for the game, your six-point teaser would allow you to tease that spread and get the favorite at . The sports betting odds for teaser bets are determined by the number of points by which each sports betting spread is moved and the number of teams included in the teaser. In order to better understand online sports betting with teasers it will be useful to consider a specific online sports betting example. Home > Sports Betting > Teaser Betting. Teaser Betting. A teaser is a combination of two or more bets in which bettors can adjust the point spreads and/or totals in their favor at the expense of a reduced payout.
NFL Teaser Betting Explained
Seattle Seahawks -7 vs. To determine if a teaser is a better option than a straight bet, we need to know if those six additional points increases the win probability by This same math can be used on other teasers as well. Denver Broncos -2 vs. Many sportsbooks also offer teaser cards similar to parlay cards. As you can see, our above point spread wagers went in our favor by a margin of 6 points.
Teasers have become one of the most sought-after forms of wagering when it comes to basketball and especially football markets.
While teasers make bookmakers across the world millions, savvy bettors can use these bets to their advantage. Teasers are multi-leg bets similar to parlays and accumulators, except bettors will be able to add points to their side of the wager. Teasers can only be used in sports with point spreads or totals. As you can see, our above point spread wagers went in our favor by a margin of 6 points. The Steelers moved to As the number of legs in your teaser increases, so do the odds. Like parlays, teasers are losing bets unless all the legs or bets in the teaser win, unless a push occurs.
Generally, a pushed leg in a teaser would simply mean the bet would revert to a smaller teaser. For instance, if a player bet a 6-team teaser and one of the legs pushed, it would go to a 5-team teaser. Teasers can range from 4 points when betting basketball teasers to up to 20 points at some sites. Of course, these massive point teasers have some crazy to-win odds, but some sportsbooks do offer them.
With teasers, if a sportsbook offers it, sports bettors can wager on it. Above is a basic table showing the payoffs for NFL teasers from 6 to 7 points and up to 6 teams. As you can see, the odds start to increase rapidly as the number of teams get higher. For the most part, teasers are not profitable for the vast majority of sports bettors. While the above table shows the standard odds for teasers, there are bargains to be found online at a number of operators.
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With one game of the NFL schedule already complete, its time for bettors to hunker down and get to work in order to maximize their profits this season. The opening game between Atlanta and Philadelphia was a dud of sorts, coming to life finally in the final quarter.
And while the standard point-spread was teetering back and forth, the teaser option never wavered. For starters, the most common and popular way of betting the NFL is via the point spread. Most bettors find much more joy in betting on a team to cover the spread instead of winning or losing the game outright. The next option the public loves are the parlay bets. Let me be the first one to tell you, parlays are for suckers and they are one of the main reasons why Las Vegas, and sportsbooks in particular, flourish.
For the sake of this weekly piece, I will be focusing in on the "teaser". A teaser bet is similar to a parlay bet in which it is a bet the requires winning two or more games in order to get a payoff. However, the difference between the two is the actual point spread. A straight parlay bet allows you to play only the point spread offered, while a teaser bet allows you to adjust that number for whichever team you favor.
There are different types of teasers available, but the most common one is a six-point teaser. This method is also applied to the total as well. Despite how easy a teaser bet may seem, they are an extremely tricky bet for those who don't know how to properly play them and who don't understand the value of key numbers in the NFL. Think about the scoring for a second. The most common margin of victory in the NFL is three points.
Since , games ending with a three-point margin occurred The next most common number is seven. A seven-point margin of victory occurs 9. With those key numbers in mind, I can now explain basic strategy teasers and why they work. Simply put, you must find two favorites where the point-spread is between -7 and This likens your chances of winning as you have moved the spread under the two most common margins of victory for NFL football.
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