Beginners Guide: Teasers Betting Strategy Explained

Just to make sure we cover all the bases here, let’s begin with explaining what a teaser bet really means. A teaser bet at its most basic level is simply placing a parlay bet using a modified point spread. Recall that a parlay bet is a multiple bet placed with a single wager in which each and every one of the bets contained in the multiple bet must win for the single wager to pay out.

Take a look at this simple example and you understand how this works. Suppose you happen to run into a 3-team 6 points teaser wager opportunity. For this example, in order to make it easy to follow along, let’s use team names A, B, C and D. All right, now suppose Teams A/C are o43, B -3 and D +4. What you will end up with is a parlay on A/C o37, B+3 and D+10 since each spread is actually modified by six points. Confused yet? Don’t worry, it really is not as complicated as it first looks on paper if you have never heard of it.

This whole teaser strategy concept began with the recognition that the most common margins of victory in the NFL are three and seven. Using this concept leads to the conclusion that teasers which fully cross the the three and the seven are the absolute best teaser bets to put your money on. In other words, suppose you are looking at a six point teaser. In this case, your goal is is to find and tease the underdogs like this: underdogs +1.5 to 2.5 becomes +7.5 to +8.5 and favorites -7.5 to -8.5 become -1.5 to -2.5. It works out this way since you are taking what would be a loss on the point spreads three to seven to a win. To say it another way, you are fully crossing the three and the seven.

Conclusion: once you get the hang of the lingo and understand the very basic math, teasers can be one of the simplest and easiest bets to evaluate as a wining strategy. Remember when all is said and done, the teaser bet is nothing more than a modified parlay wager.

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