Teaser Payout Chart

Teaser bets are generally only available for betting on basketball and football. This is because these sports offer similar types of spreads that work with teasers. Sharp football or basketball bettors will more often than not include teasers in their betting strategy because it is often possible to gain an advantage against the sportsbook through the intelligent use of teasers.

Teaser Bet Explanation

After reading that first paragraph you may still have no clue what a teaser bet is. Let’s get to that.

A teaser bet involves a wager on 2 or more outcomes as 1 wager. This is similar to parlay bets, except for one major difference. With teaser bets the spread is altered, in your favor, by a certain number of points. The payout then depends on the number of points you are teasing and the number of games you are picking.

In football a typical teaser is for 6, 6.5, 7, or 7.5 points, but you can also find sweetheart teasers of up to 13 points. In basketball a typical teaser is 4.5, 5, 5.5 or 6 points, but you can also find teasers at BetOnline.ag of up to 9 points. Different online sportsbooks will have different teaser options and different odds associated to these teasers. BetOnline offers very competitive teaser odds and options, which is why I am going to use their teaser chart for the rest of this article.

Payouts are different based on the sport selected in the picks, and the payout for mixed sport teasers are from the payout table with the lowest value (see Teaser Payouts above). “No Teaser” Icon explained they can’t be included and also include hyperlink. Check out our dedicated NFL teaser betting page to learn more about NFL teasers.
On a 3-team/6.5-point, a $100 teaser would win $160 if successful. Here are the standard payouts on football teasers. 6-Point Teasers Two-Team Teaser: 10/11 Three-Team Teaser: 9/5 Four-Team Teaser: 3/1 Five-Team Teaser: 9/2 Six-Team Teaser: 6/1 Seven-Team Teaser: 10/1 Eight-Team Teaser: 15/1 Nine-Team Teaser: 20/1 Ten-Team Teaser: 25/1. 6.5-Point Teasers.
Teaser bets explained along with a list of teaser odds and payouts.

A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. As well because you are 'buying' points, the win return is smaller. Use our Teaser Calculator to determine the outcome of any particular teaser combination. Our Teaser Calculator allows you to select up to 12 teams in a teaser. NFL teasers including odds from the top online sportsbooks. For more information on the sportsbooks mentioned below, read our sportsbook reviews.

To explain a little bit more, in a 6 point NFL teaser you would gain 6 points on the spread for each outcome you choose. For example a team that is an 8 point favorite (-8) will be given 6 points and the line will become -2 in the teaser.

Teaser Odds

As mentioned the odds associated with each teaser depends on the number of outcomes you choose and the number of points you tease. Here are a few examples from BetOnline.ag, but teaser odds vary quite a bit from book to book.

2 team 6 point NFL sides (or 4.5 point NBA sides) teaser (-110)
3 team 6 point NFL sides (or 4.5 point NBA sides) teaser (+160)
4 team 6 point NFL sides (or 4.5 point NBA sides) teaser (+260)

To really see the teaser odds I suggest checking out the chart at your personal sportsbook.

How Much Does A Teaser Bet Pay

Teaser Example

Here is an example using the 2 team 6 point teaser with -110 odds outlined above. Here are the actual lines for a couple of teams that you will be taking:

Indianapolis Colts -8.5
Jacksonville Jaguars +2.5

With this teaser you are getting 6 points from each team. This would bring the spreads to the following: Indianapolis Colts -2.5 and the Jacksonville Jaguars +8.5. So basically if the Colts win the game by a field goal or more and the Jaguars lose by less than 8.5 points your teaser bet will payout.

Teaser Pushes

It is possible for one or more selections in your teaser to push. If this happens the outcome that pushes is removed from the teaser and the potential payout is reduced to the teaser payout with the number of teams minus the pushed teaser. For example, if you had a 4 team 6 point NFL teaser that had odds of +260 and a team pushed then you would be left with a 3 team 6 point teaser with odds of +160.

With 2-team teasers the majority of books simply ‘no-action’ the entire teaser if one of the two legs is a push.

Many online bookies will also offer ‘ties win’ teasers so you don’t have to worry about pushes. These ‘ties win’ teasers can be advantageous when picking teams without half point spreads because pushes are a possibility.

You’ve probably heard the typical items to bet on sports whether it’s the point spread, moneyline, or point totals. Those are the major three categories when it comes to sports betting, but there are plenty of opportunities worth exploring.

Teasers are more advanced and can be a little more complicated than the industry’s more basic terms and may need some explaining, but we’re here to help you understand it all and how it works.

Teaser betting explained

A teaser bet is similar to parlay bet in that it requires multiple outcomes to be correct for the bet to be a winner. It’s an all-or-nothing style of bet that can be a useful tool when analyzing the betting board. A teaser is different from a parlay in that the sports bettor is in control of the lines whether it’s a point spread or point total. Spreads and totals may be modified in whichever direction the gambler decides to make for a better winning opportunity.

While the ability to shift numbers in your direction makes for an easier chance at a winning bet, the payout in a teaser bet is typically smaller than the payout of a parlay bet, which is another difference between the two strategies.

The basics of teasers

Teasers are most commonly used when betting on football and basketball, as both see a significant amount of points scored compared to the other major sports. With the point spread and point totals as large components of wagering both sports, it provides an opportunity for betting teasers.

Sportsbooks typically will give football bettors the chance to tease 6, 6.5, and 7 points. When you look at the point spread or point total for a particular game, you can choose to add your teaser points to the sides or totals you’d like for multiple outcomes.

One aspect to watch when analyzing NFL and college football teasers is key numbers. The most important numbers in football betting are three and seven, as those two numbers have the highest chance of winding up as the final deficit in games.

In basketball, sportsbooks typically will offer teaser numbers of 4, 4.5, and 5 points for sports bettors to choose from.

If all the combinations you select are winners, you win the bet. If just one of the outcomes falls short, the bet is a loser no matter how many winners you selected in the teaser.

Football teaser payout chart

The more points added to your preferred side or total, the less of a payout there will be if the bet eventually becomes a winner. For example, if you’re betting a football game and take seven points on the teaser, there would be less of a payout than there would be if you teased six points.

Sportsbooks may differ when it comes to payouts on teasers, but most have agreed on a standard of how they operate up to ten outcomes.

For six-point teasers:

Two-team teaser: -110
Three-team teaser: +180
Four-team teaser: +300
Five-team teaser: +450
Six-team teaser: +600
Seven-team teaser: +1,000
Eight-team teaser: +1,500
Nine-team teaser: +2,000
10-team teaser: +2,500

For 6.5-point teasers:

Two-team teaser: -120
Three-team teaser: +160
Four-team teaser: +250
Five-team teaser: +400
Six-team teaser: +550
Seven-team teaser: +900
Eight-team teaser: +1,200
Nine-team teaser: +1,500
10-team teaser: +2,000

For seven-point teasers:

Two-team teaser: -130
Three-team teaser: +140
Four-team teaser: +200
Five-team teaser: +350
Six-team teaser: +500
Seven-team teaser: +800
Eight-team teaser: +1,000
Nine-team teaser: +1,200
10-team teaser: +1,500

The payout increases quite a bit with the more teams you add, but the payout is less the higher the teaser number is.

Basketball teaser payout chart

Basketball payouts are similar to football. Here they are:

For four-point teasers:

Two-team teaser: -100
Three-team teaser: +180
Four-team teaser: +300
Five-team teaser: +500
Six-team teaser: +700
Seven-team teaser: +1,000
Eight-team teaser: +1,500
Nine-team teaser: +2,000
10-team teaser: +2,500

For 4.5-point teasers:

Two-team teaser: -110
Three-team teaser: +160
Four-team teaser: +250
Five-team teaser: +400
Six-team teaser: +600
Seven-team teaser: +900
Eight-team teaser: +1,200
Nine-team teaser: +1,500
10-team teaser: +2,000

For five-point teasers:

Two-team teaser: -120
Three-team teaser: +150
Four-team teaser: +200
Five-team teaser: +350
Six-team teaser: +500
Seven-team teaser: +800
Eight-team teaser: +1,000
Nine-team teaser: +1,200
10-team teaser: +1,500

Follow the lines

This is more for more experienced bettors but having a general sense of where a line will move before game time can provide an even greater chance at picking a winner. When the oddsmakers set their initial lines on the point spread or point total, it’s not uncommon for the number to change depending on where the majority of bets are coming in. If you have a good hunch on which side or total the largest amount of money will come in on, you might be able to snag a half-point or more to your side for an even larger advantage to your teaser.

Football has the most movement since lines are usually put out well in advance of the start of the game.

What about a push?

A push is the gambling term for a tie. If you put together a three-team teaser and one of the outcomes lands right on the number you’re betting on, that’s called a push. Sportsbooks handle pushes differently with teasers, but typically the outcome that resulted in a push is eliminated from the teaser bet. If it’s a three-team teaser, the bet that finished in a push is taken out as if it never happened and you’re now playing a two-team teaser.

Examples

Now that you’ve read the basics of betting teasers, let’s put what you’ve learned into examples to give you an even better understanding. Let’s dive in.

Betting teasers in NFL

After analyzing the betting board, let’s say you are interested in the home teams and want to add a little extra to their number with a teaser. In this scenario, you’re picking the Packers, Lions, and Eagles to cover in your teaser. Here’s what the board initially looks like before you add in your teaser points.

Packers -3
Lions +2
Eagles -6.5

Let’s say you decide on a seven-point teaser. After putting that into effect, here’s what your gambling card looks like now:

Packers +4 vs. Vikings
Lions +9 vs. Bears
Eagles +0.5 vs. Cowboys

The teaser added seven points to each outcome. Instead of needing the Packers to win by more than three points, now all the Packers need to do is win or lose by three points or less. The Lions need to win or lose by less than nine, and the Eagles turned from 6.5-point favorites to 0.5-point underdogs.

If all the outcomes wind up coming true, the bet is a winner. Since this is a three-team teaser at seven points each, the odds would be set at +140, which means a $100 bet would net a $140 profit.

If any of the outcomes fail, the entire bet is a loser.

Betting teasers in NBA

Let’s head to the NBA for our next example. For this one, say you think offenses are being undervalued in terms of how many points they will score on this day. While you’re confident the point total is going to go over, you protect yourself with a four-point teaser on the following slate of basketball games:

Bucks/Celtics: 215
Lakers/Cavs: 201.5
Warriors/Thunder: 208
Suns/Pistons: 203.5

Since you’re rooting for the over, we will subtract four points to make the point total mark easier to hit. After the teasers are placed, here’s what your betting card looks like now:

Bucks/Celtics: 211
Lakers/Cavs: 197.5
Warriors/Thunder: 204
Suns/Pistons: 199.5

Just like all teasers, you must succeed on each outcome for a winning bet. If you get a four-teamer teased at four points correctly, the odds are set at +300, so a $100 bet turns into a $300 profit with a winner.

Betting teasers in college football

For our third and final example of teaser betting, let’s look at a slate of college football games. In this scenario, we will take point spreads and point totals and combine them into a four-team teaser.

Ohio State -10 vs. Michigan
Clemson -7.5 vs. South Carolina
Michigan State/Rutgers: 49.5
Alabama/LSU: 55

For Ohio State, you think they will beat Michigan, but 10 points might be too much, so you tease that number down seven points, and you do the same with Clemson against South Carolina.

With Michigan State and Rutgers, you think the over will hit, so you subtract seven points. Finally, for Alabama and LSU, you are confident fewer points will be scored, taking the under and adding seven points.

After all the teasers are placed, the board now looks like this with your four-team teaser:

Ohio State -3 vs. Michigan
Clemson -0.5 vs. South Carolina
Michigan State/Rutgers: 42.5
Alabama/LSU: 62

In the example, let’s say Ohio State winds up beating Michigan by exactly three points with a final score of 23-20. That’s a push, so that bet is eliminated. Your four-team teaser is now a three-team teaser.

If you get the rest of them correct, three teams teased at seven points will be at +140 odds. A $100 bet nets you $140.

How to Bet Guides

Key takeaways on teaser betting

Nba Teaser Payout Chart

Sports bettors have the opportunity to modify the lines. All outcomes need to be correct for a winning bet. The more outcomes added, the higher the potential payout will be. The more points added to the teaser, the less the potential payout will be.