Teaser Calculator

VegasInsider Staff Sports Betting Expert

15 minute read

Online Sportsbooks · Sports Betting 101 · Teaser Betting · Teaser Calculator

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Teaser betting lets you bundle multiple point spread bets together to increase the stakes. A teaser bet increases the potential reward but also increases the risk because getting even one bet incorrect will cause you to lose the wager.

Teasers also change the point spread of each wager by allowing bettors to ‘buy’ points for the spread. All of those calculations can get a bit complicated. A teaser odds calculator reduces the stress of making a teaser bet. Take a look at our guide on using a teaser calculator to maximize your chances.

CONTENTS

HOW TO USE THE TEASER CALCULATOR

The teaser calculator may seem complicated at first glance, but it’s actually relatively straightforward. First, select the number of teams that will be included in your teaser bet. Then, along the top of the teaser bet calculator, choose the point spread you are wagering on.

Once you have made your selections, the teaser odds calculator will show you the odds you can expect to be paid out for a correct wager.

WHAT ARE FOOTBALL TEASERS?

Bettors who wager on football games are already familiar with the concept of a point spread. Teasers take those point spread bets and bundle several games together, increasing the reward. However, if even one bet is incorrect you lose the whole wager, so a teaser is also a little more challenging to get right.

What sets teasers apart from classic point spread bets are that you are able to alter the point spread when placing your wager. This makes teaser betting a little more interactive and engaging for the player.

ADVANTAGE TEASERS

Expert statisticians have studied football results to determine the best strategy for placing bets. By analyzing the data, they determined that by far the most common margins for victory in a football game are three or seven points.

Seems logical, given that field goals and touchdowns net three and seven points respectively, right? Keep this concept in mind as you’re using the teaser odds calculator, as seven-point spreads are the best point spreads to wager on. We refer to these spreads as advantage teasers.

WHERE TO PLACE A TEASER BET?

Here is our expert selection of the bookmaker where you can place a Teaser Bet right away :

Updated on : 11/21/2024

FAQ

Check out this quick Q&A for questions you may have about teaser betting.

WHAT IS A TEASER BET?

A teaser bet allows you to add a plus or minus value to a parlay consisting of point spreads. This enables you to adjust the spread in the direction you expect the scores to go, thereby increasing your chances of hitting a big payout.

HOW MUCH DOES A TEASER BET PAY?

A 2-team, 6-point teaser typically pays about -220, but this can vary.

HOW MUCH DOES A 3 TEAM TEASER PAY?

The payout for a 3 team teaser varies depending on the sportsbook, but generally ranges between +600 and +650 (6-6.5 to 1).

HOW MUCH DOES A 4-TEAM, 7-POINT TEASER BET PAY?

A 4 team, 7-point teaser typically pays about +200 (2 to 1 odds).

ARE TEASER BETS WORTH IT?

Teaser bets can be worth it if used strategically and with a clear understanding of the odds and potential payouts. However, it is important to keep in mind that they are generally considered to have a higher house edge than straight bets.

DO TEASERS LOSE ON A PUSH?

Teasers lose on a push if the spread or total that you adjust the bet with results in a push. So, if you adjust the spread or total in your favor and it results in a tie, the teaser will lose.

DO YOU HAVE TO WIN ALL GAMES ON A TEASER?

No, you do not have to win all games on a teaser, but you generally need to win more than half of the games in order to make a profit.

FINAL THOUGHTS

A teaser allows a bettor to adjust the point spread of a set of single wagers by buying a point spread that gets added on. This increases your potential payout, but the tradeoff is a little more added risk. If even one of your teams doesn’t beat the spread, you’ll lose the teaser bet.

Using a teaser bet calculator can help you make informed choices when playing teasers. Use it to understand exactly what odds you’re dealing with before placing your wager. That helps you make informed betting decisions and maximizes your chance of winning big.

Want to know how to convert odds? Please check out our Odds Converter.

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