NFL Teasers Betting Guide
NFL teasers are a combination of two or more bets where you can adjust the point spreads or totals to your favor, with the trade-off of getting a smaller payout.
Basically, they allow you to manipulate odds and lines to your favor.
These bets are a popular type of wager in football betting, and when done right, they can be extremely profitable.
In this guide, you will learn how teasers work, what are the best NFL teaser betting strategies, and how to place your bets at online sportsbooks.
More About NFL Teaser Bets
Best Sites To Bet NFL Teasers In 2024
What Is A Teaser Bet In The NFL?
NFL teasers are wagers where you can bet on two or more football teams (betting selections) and move the lines to your advantage, either for point spreads or totals.
Teasers increase your odds of winning each wager, but like parlays, all legs or selections of the teaser must win for the bet to be graded as a winner.
Before diving deeper into strategies, let’s see how NFL teasers work. There are three main types of NFL teaser bets: 6-point, 6.5-point, and 7-point teasers.
Here is a basic example of a 2-team, 6-point teaser bet.
How Do NFL Teasers Work? (Example)
Let’s say we want to bet on the Steelers and the Patriots. The following would be the normal odds found at the sportsbook.
Team | Odds |
---|---|
Pittsburgh Steelers | +3.5 |
New England Patriots | -7 |
Now, let’s apply a 6-point tease to the wager.
Team | Odds |
---|---|
Pittsburgh Steelers | +9.5 |
New England Patriots | -1 |
With a 6-point teaser bet, the odds move 6 points to our side of the wagers. We now have a much larger chance of winning each bet due to the added points we are receiving.
The NFL teaser odds for a 2-team matchup vary depending on the sportsbook, but players should be able to bet these wagers at -110 if they line shop correctly.
As a recommendation, if you’re going to bet teasers regularly, try to look for a betting site that offers 6-pt, 2-team teasers at -110. However, these days, they are quite rare.
How To Bet NFL Teasers Online
Here are the main steps to follow if you want to start betting on NFL teasers at online sportsbooks:
Choose A Trusted Sportsbook
First of all, find a trusted sports betting site. Some sites are scams that you want to avoid completely.
If you need more information to make a decision, check our article reviewing the best sportsbooks for teaser betting.Pick Your NFL Lines
For this type of bet, you need to select a minimum of 2 teams to bet on. The maximum number of teams in a single teaser can be up to 12 at some sportsbooks.
Click or tap on the odds you like to add them to your bet slip. Remember, teasers apply only to spreads or NFL totals, not to moneylines.- Select The Teaser Bet OptionOnce you have your spread and total selections added to your bet slip, find the “teaser” option and select it.
This way, the sportsbook will take all your individual wagers and turn them into a teaser bet. Choose The Number Of Points To Tease
After the “Teaser” option has been selected, pick how many points you want to tease.
The most common options are 6, 6.5, and 7-point teasers. Each one of them with specific odds.Place Your NFL Teaser Bet
Now that you have chosen your teams and the number of points to tease, input the amount of money you wish to bet.
Double check that the bet you are about to place is, in fact, the bet you want. After that, hit the button to confirm your wager, and that’s it.
Now you can enjoy the games and potentially make some extra money!
Where To bet NFL Teasers In 2024
Here is the list of our most trusted NFL betting sites for placing your football teaser bets. Take advantage of their NFL betting bonuses to maximize your profits!
Rank | NFL Sportsbooks | Deposit Bonus | Highlights | Get Started |
---|---|---|---|---|
1 | Bovada | Deposit Bonus 50% Up To $250 |
Highlights
|
Bet Now |
2 | BetUS | Deposit Bonus 100% Up To $2,500 |
Highlights
|
Bet Now |
3 | Betonline | Deposit Bonus 50% Up To $250 |
Highlights
|
Bet Now |
Read Our Review Of The Best NFL Betting Sites
NFL Teaser Strategy
Anyone who bets the NFL frequently successfully knows the significance of the numbers three and seven when it comes to point spreads.
Few casual sports bettors truly understand how often games fall between this margin of victory.
The most common margin of victory in the NFL by far is 3 points which accounts for 15.7% of all games. Seven points are the second most popular margin, accounting for 9.3% of all final scores.
Together, NFL games are decided by these two margins about 25% of the time. If we add in a 10-point victory margin (which accounts for 6.2%), more than 1/3rd of all games are decided by three, seven, or ten points.
Wong Teaser Betting Strategy For NFL Games
Basic strategy teasers, otherwise known as Wong Teasers, take advantage of the previously mentioned victory margin.
These were popularized by the release of the book “Sharp Sports Betting” in 2001 by Stanford Wong.
The book is one of the best written on sports betting and has a variety of +EV strategies aside from basic strategy teasers.
Since we know that nearly 25% of the games will fall between the 3-7 margin of victory, teasing spreads that cross the 3 and 7 will offer us the best value from the start.
With 6-point teasers, this means teasing favorites from -7.5 to -8.5 and underdogs from +1.5 to +2.5.
Wong Teasers In Today’s Market
In the current market, Wong Teasers have lost a bit of their edge as sportsbooks were clobbered by sharp bettors when online gambling and sports betting exploded in popularity.
Some sportsbooks will shade their lines to stay out of the range of basic strategy teasers. For instance, instead of offering a -8.5 (-110) and +8.5 (-110) market, they might offer the +9.5 (-125) and -9.5 (+105).
Often enough, sites that offer excellent teaser odds are the ones employing line shades to protect themselves against basic strategy teasers like 6-point, 3-team teasers at +180 or 6-point, 2-team teasers at -110.
6 Point, 3 Team Teasers Vs. 6 Point, 2 Team Teasers
6-point teasers with three teams are a better option than 6-point, 2-team teasers, so go ahead and wager on 3-team teasers if possible when betting basic strategy teasers.
It’s worth noting that these prices are the only area where the margins of victory and proper odds match up appropriately.
Some bettors seem to think sweetheart teasers, also known as monster teasers fall into this category.
These are 10-12 point teasers, where bettors must wager on 3-4 teams or picks. Though these bets may seem enticing, especially a 10-point, 3-team teaser at -110, they’re ultimately sucker bets.
These teasers all have break-even percentages over 80%, which makes them impossible to beat long-term.
More NFL Teaser Betting Tips
Though we stress line shopping at length, it’s important to understand that most teasers have fixed odds. This means that teaser odds will be the same regardless of the attached juice.
Let’s say we tease a -7.5 (-130) favorite and a +1.5 (-110) underdog. The standard teaser odds won’t change because we have a favorite of -130. We will still get the standard -120 on a 2-team, 6-pt teaser.
It’s vital to realize the attached juice has no bearing on fixed-odds teasers and that the point spread is the only factor that bettors need to be concerned with when betting in these markets.
Trust The Market When Betting NFL Teasers
It’s particularly vital to trust the market when betting on basic strategy teasers. You should use multiple sportsbooks and trust the sharper ones when evaluating odds for teaser bets.
If the odds are going in the other direction or sharper sportsbooks differ, you’re just taking a poor line.
Though bettors should focus on 2-team or 3-team, 6-point teasers with the best odds possible, getting top teaser odds isn’t always the most important aspect of maximizing your winnings.
As mentioned above, sites that offer elite teaser odds often shade their lines to limit the availability of basic strategy teasers.
There are more recreational-focused NFL sportsbooks that offer slightly worse odds (or the same odds) on teasers but don’t shade their lines.
This amounts to more favorable situations for teasers. Their odds are also generally much less efficient than at sharper sportsbooks. Bettors will get an advantage there as well.
Calculating Football Teasers Edge
Teasers have considerably smaller payout odds compared to NFL parlay bets.
It makes sense, considering we are adding a minimum of 6 points to our side of the spread or total.
Although, if we convert teasers into parlay odds, it’s much easier to understand the true edge that sportsbooks have on this market.
To determine our break-even percentage on teasers, we can begin by figuring out our implied probability. To do this, we simply take the risked amount and divide it by the potential return.
The Math Behind Teaser Bets On The NFL
Let’s use a 6.5-point, 2-team teaser as an example. Our odds on this teaser are -120, so in terms of decimal units, we’re risking 1.20 to win 2.20.
The math here is 1.20/2.20 = 0.5454. For us to break even on this teaser, both teams must win 54.54% of the time.
From there, we need to take the square root of 0.5454 to determine the number of times each team must win for the bet to profit.
You can calculate the square root by plugging the number into a root calculator and get your answer.
The Square Root And The Implied Probability
The square root of 0.5454 is 0.7385, which equals 73.85%. Now, if we take this percentage and plug it into the implied probability field of our betting odds converter, we get -282.41 as a result.
This tells us that a 2-team 6.5-point teaser is equivalent to a 2-team parlay, with each team priced at -282.41.
We can calculate this percentage with 3-team teasers by taking the cubed root (since there are three teams) of our implied probability percentage.
Since we know that point spreads are 50/50 propositions, we determine how much we need to increase our winning percentage by subtracting 50% from our implied probability. In this example 73.85% – 50.0% = 23.85%.
Therefore, for this teaser to achieve profitability, we need to tease point spreads where the change in odds improves each team’s chances of winning by at least 23.85%.
Learn More With Our NFL Betting Strategies Hub
NFL Teaser Odds Per Sportsbook
As we mentioned before, most teasers have fixed odds at online sportsbooks, depending on the number of teams you choose.
Here are the teaser odds on our top recommended sportsbooks:
BetUS Sportsbook
Points | 2 team | 3 team | 4 team | 5 team |
---|---|---|---|---|
6 | -120 | +180 | +300 | +450 |
6.5 | -130 | +160 | +250 | +400 |
7 | -140 | +150 | +200 | +350 |
Points | 6 team | 7 team | 8 team | 9 team | 10 team |
---|---|---|---|---|---|
6 | +700 | +800 | +1400 | +1800 | +2200 |
6.5 | +600 | +700 | +1200 | +1400 | +1800 |
7 | +500 | +600 | +1000 | +1200 | +1500 |
MyBookie Sportsbook
Points | 2 team | 3 team | 4 team | 5 team |
---|---|---|---|---|
6 | -120 | +150 | +235 | +350 |
6.5 | -130 | +135 | +215 | +320 |
7 | -140 | +120 | +200 | +300 |
Points | 6 team | 7 team | 8 team | 9 team | 10 team |
---|---|---|---|---|---|
6 | +550 | +800 | +1300 | +2000 | +2500 |
6.5 | +500 | +700 | +1100 | +1500 | +2000 |
7 | +475 | +600 | +900 | +1200 | +1600 |
Bovada Sportsbook
Points | 2 team | 3 team | 4 team | 5 team |
---|---|---|---|---|
6 | -110 | +160 | +260 | +400 |
6.5 | -120 | +140 | +225 | +375 |
7 | -130 | +120 | +200 | +325 |
Points | 6 team | 7 team | 8 team | 9 team | 10 team |
---|---|---|---|---|---|
6 | +600 | +900 | +1500 | +2000 | +2500 |
6.5 | +500 | +800 | +1100 | +1500 | +2000 |
7 | +450 | +700 | +900 | +1200 | +1500 |
NFL Teasers – Frequently Asked Questions
Are NFL teaser bets worth it?
NFL teaser betting makes sense in specific situations, for example, when teasing spreads that cross the 3 and 7. Those will offer you the best value for your money.
Why are teaser payouts lower than parlays?
NFL parlays are multiple unaltered wagers that all must-win for the wager to cash. They’re going to have bigger payouts in most cases because most parlays will be plus odds, generally +265 or higher.
NFL teaser bets alter the point spread or total by 6 or more points, making each bet easier to win, but still, it is hard to win them all.
How much can you bet on NFL teasers?
NFL teaser bets typically have betting limits up to $1,000 per teaser, but this depends on the sportsbook. Some may be around $500, and others may be higher. NFL teasers typically have higher limits than basketball teasers for example.
Do betting sites like players who bet NFL teasers?
For the most part, yes. Of course, if there were a bettor who was beating them with Wong’s teaser strategy, then they would look to limit or ban the player.
However, that’s not usually the case. Most bettors lose on teasers. They bet too many teams that end up giving the oddsmakers a huge edge.