Teaser Betting Strategy Essentially, teaser betting is all about turning a marginal outcome into a profitable one. If the underdog has a + A teaser bet is a group of straight bets (two or more) combined into one bet, where each individual line has been shifted to your favour by the number of points. Use This Strategy When Betting 2-Team Teasers · Taking favorites of teaser betting strategy to · Taking favorites of -8 down to · Taking favorites of down to. In return, they must pick at least two teams, increasing the chances of the bet failing by at least one leg. Like a parlay bet, all of the legs.
And favorites between That gives us a total of or Those results capture the closing lines on all teams in those specific spread ranges. If you consider a few other factors which I'll explain shortly , you can potentially improve that percentage. Again, this analysis only applies to teasing NFL sides.
Recreational bettors make this mistake far too often. You're simply giving up too much edge by crossing over a dead range that will only include a maximum of one key number. This is even crazier in the playoffs since games can't end in a tie. You're essentially paying for points that don't matter. Just don't do it. NFL totals simply don't fall on certain numbers or within a specific range enough to justify the math.
Bottom line: you'll be a much better bettor once you completely stop considering totals for teasers. We put together a list of teaser prices at every U. Don't pay for a 6-point teaser which would significantly increase your long-term hurdle rate when there are still books out there that offer DraftKings still offers Everything I've said is predicated on the fact that you have access to a reasonable teaser price or lower.
The break-even point for a 6-point teaser at odds suddenly jumps from Paying anything greater than heavily tilts the edge in the book's favor and I personally wouldn't go above Price focus shouldn't be the case for only teasers, but for all types of betting. You need to hit Make sure you familiarize yourself with your book's teaser rules and payouts, as they can vary significantly from payout structure to rules for ties.
For example, Caesars in Las Vegas refunds your entire bet if one leg of the teaser pushes and the other leg wins but not Caesars in the rest of the country. I recommend only using 6-point teasers, as each additional half-point teased away from the original spread becomes marginally less valuable to the bettor.
I'd only ever consider a 7-point teaser if you stumbled upon odds or better and are teasing a 9. Five or cent differences might not seem like much to a recreational bettor, but they add up. Every cent and half-point matters if you want to take this seriously. Lastly, I'm only referring to two-team teasers in this piece.
Here are five other factors some minor that I at least think about before finalizing an NFL teaser:. Teaser betting strategy This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only. Action Network makes no representation or warranty as to the accuracy of the information given or the outcome of any game or event.
The more points you give yourself, the less risky your bet but also the less your total payout will be. I have an entire guide on parlay bets and whether or not you should do them that might be worth checking out. A teaser is the same as a parlay because you have multiple bets that all have to hit to win one bigger payout. The difference is teaser bets are made easier by giving you more points.
Since it is easier, it will pay less than the same parlay. It decreases the payout for each extra point you give yourself to make the bets more favorable. If you lose, you still lose all your money. This gets more complicated because the initial spread, the amount of points, and the sportsbook all make a difference in how much the odds change.
What about a 3 team teaser payout. A 3 team teaser payout will pay more than a 2 team payout because of the increased risk. You should expect quite a bit more because every bet you add significant decreases your chances of winning the bet. What about a 4 team teaser payout. This follow the same trend.
Adding one more team makes your chances of winning much lower. The takeaway here is there are many moving parts to teaser bets. The more important question might be are teasers worth it. Not always, but in general, sports books profit more on parlays, which means sports bettors lose more.
Yes, sports books compensate you some for this risk, but usually not enough to make it worth it. This leads us to our second point. The more complicated a bet is, the more difficult it is for people to see how much the sports book is taking. The sportsbook wins. The biggest trap with teasers is going for the home run.
Everyone wants the big win—the bragging right and the big payout. Yes, the original spreads are often very close but many games also become a surprise. Ignoring anything but the points is another common mistake. Then, zone in on those teams to add to your teaser parlay.