Proposition Rules (Player or Team) All players must play in the game for wagers to have action (Including Matchups). For season long props, players must be active (as per the official NFL/NCAAF Game Book) in the first game of the season for wager to have action. A teaser is a wager where a patron can alter the point spread or total on a list of games (2-10 teams) in the players favor. The additional points that the player receives on each selection reduces the odds. Below are the pay table teaser odds and associated values which may be altered. Using Vegas rules, the teaser bet would automatically make my selection from a 6 team to a 5 team however much to my surprise, the book declared the push as a loss for the entire wager. TEASER BETS ARE GOVERNED BY THE SAME RULES AS PARLAY BETS. THE ONLY EXCEPTION IS THE TWO TEAM TEASER. IF ONE OF THE GAMES RESULT IN A BETTING TIE, THERE IS NO ACTION AND THE WAGER WILL BE REFUNDED. A teaser combines three or more point spread wagers into a single bet and allows the bettor to adjust the spreads favorably. The bettor gets to choose how much to adjust the spread, but that adjustment is the same across every wager in the teaser.

A teaser is a type of bet that allows you to combine your bets on two or more different games. You can adjust the point spreads for those games from 4 to 5 points in Basketball and from 6 to 7 points in Football.

Rules:

• A ‘tie’ or ‘no action’ and a ‘win’ on a 2 team teaser shall constitute a ‘no action’ wager.
• A ‘tie’ or a ‘no action’ and a ‘loss’ on a two team teaser shall constitute a ‘losing’ wager.
• Ties on a 3 or more team teaser shall revert to the next lowest betting bracket for pay-off: for example: A 5 team teaser with one tie becomes a 4 team teaser (except on our special 3 team 10 point football or 7 point basketball teasers, on which the odds are 5/6 and ties lose).
• On our special 3 team 10 point football or 7 point basketball teasers (sometimes known as Sweetheart teasers), odds are -120 (5/6) and ties lose. Only point spreads of the same sport may be placed in these special teasers. If a selection has no-action due to postponement or cancelation, the whole sweetheart teaser will have no-action.
• You cannot combine different sports in a teaser. You can combine professional and college of the same sport.

Teaser Payout Table:

The Football and Basketball Teaser and Parlay Cards offer you the opportunity to place teasers and parlays on a combination of College and Professional games of the same sport. They do not give the option of buying points on spreads or totals.

Sweetheart Teasers:

The 3 team 10 point teaser (7 points in basketball) is a special type of teaser, also called a 'sweetheart teaser'.

• Only point spreads can be placed in a sweetheart teaser.
• Sport types cannot be mixed.
• College and professional teams of the same sport can be placed in a sweetheart teaser.

Because of the extra advantage given in a greater number of points at -120 (10/12) odds, a tie (push) in this type of teaser will result in the wager being graded as a loss. If a selection has no-action due to postponement or cancelation, the whole sweetheart teaser will have no-action.

Although a little more advanced than a normal moneyline or spread bet, NFL Teaser Betting is fairly popular at sportsbooks during the NFL season. Teaser bets account for over 15% of sportsbooks handles for NFL betting, and is continuously becoming more popular.

NFL teaser betting is more common with intermediate or advanced bettors, but it isn’t a hard concept to understand – I will explain how NFL teasers work below.

What is a NFL Teaser Bet?

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 of the teaser.

There are three main NFL teasers – 6, 6.5 and 7 point teasers.

In a 6 point NFL teaser the line would be shifted by 6 points in the favour of the bettors play. For example if you wanted to take the Ravens -8, it would be converted into Ravens -2 within a teaser bet. The spread was shifted 6 points (from 8 points down to 2 points). Another example would be if you wanted to play the Chiefs -2.5. In a 6 point teaser the -2.5 line would be changed to Chiefs +3.5.

The same rule is applied for 6.5 and 7 point NFL teasers, except, of course, the line is shifted by either 6.5 or 7 points instead of the 6 points shown in the example above. NFL teaser bets must include two or more bets “parlayed” (cannot do single teaser bets).

NFL Teaser Example

Here is what a two team 6.5 point NFL teaser bet would look like:

Your selections: Pittsburgh Steelers +3 and Dallas Cowboys -4.5

In a 6.5 point teaser these would then be changed to: Steelers +9.5 and Cowboys -2

In order for you to win the teaser bet both incomes would have to be correct. If one selection was a push the bet is often refunded, but some sportsbooks will count it as a loss if the other selection lost (check your sportsbooks‘ rules).

Below is another example of a teaser bet that I recently placed and won. I teased the Vikings and Eagles from +2.5 up to +8.5 in a 2 team 6 point teaser.

NFL Teaser Bet Payouts

Every sportsbook will have their own payouts and rules for teaser bets. Our favorite sportsbook for getting the best NFL odds is 5Dimes.eu. Of course the more points you use on the teaser the lower the payout will be, and the more teams you include in the teaser bet the higher the payout will be.

Bovada Teaser Rules

Here are the NFL Teaser Payouts at 5Dimes (subject to change):

6 Point NFL Teaser Bet Payouts
2 Teams – (+100)
3 Teams – (+180)
4 Teams – (+300)

6.5 Point NFL Teaser Bet Payouts
2 Teams – (-110)
3 Teams – (+165)
4 Teams – (+265)

7 Point NFL Teaser Bet Payouts
2 Teams – (-120)
3 Teams – (+150)
4 Teams – (+240)

Of course you can choose more than 4 teams in your NFL teaser bet, I just used these as example payouts so you could get a feel for what the payouts are like on teaser bets. Full payout charts can usually be found at the sportsbooks website.

Teaser Rules In Vegas

Now that you know what teasers are check out this advanced Teaser Betting Strategy article written by our professional sports bettor, Jim. In the article you will learn when teasers are +EV and how you can make a profit during the season picking spots to bet teasers.