- Football Teasers Odds
- Teaser Betting Odds
- Nfl Teaser Odds Payout
- Nfl Teaser Odds Las Vegas
- 2 Team Teaser Odds
Types of Teasers NFL Teaser Odds. When betting NFL teasers, the most common football teaser varieties are selecting two or three teams. Three-Team Teaser Odds. You’ll need all three teams to cover in order to win the 6-point teaser bet. NBA Teaser Odds. Sportsbooks offer teasers. View NFL odds and bet online legally, securely, and easily on NFL games all season. Off-the-Board Teasers The players can select 6, 6 1/2, 7, 10 and 14-point Teasers. A Teaser allows the player to add extra points to an underdog’s point spread or subtract points on a favored team. Halftime Wagers A halftime wager, for betting purposes, resets the score of a game at 0-0 at halftime of a game. Imagine you wanted to bet a two-team teaser on the Patriots and the Saints. If you wanted to make a 6-point teaser, for example, the lines would change from New England -7 to New England -1, while New Orleans would go from -5 to +1. If both teams cover, you win the teaser. Here is a chart of common teaser payouts and odds for a 6-point teaser. A “sweetheart” teaser combines 3-10 picks for either Football and Basketball wagers. The number of points that you adjust the point spreads or totals by depends on the sport and the number of teams in the teaser.
Point Spread Basics
If there is a plus next to the team you selected - add those points to the final score for your team.
If there is a minus next to the team you selected - subtract those points from the final score for your team.
ASK for a QUICK PICK
Not sure what selections to play? Just ask your Retailer for a full or partial quick pick. Quick pick is available for all selections or for teams only. The Lottery will generate a ticket with random selections.
FOR ALL PARLAY CARD CHANGES/UPDATES, PLEASE VISIT A SPORTS RETAILER OR CASINO SPORTSBOOK.
Wagers
- Totals (Over/Under) Wager (Pro Only)
The Total is the combined amount of points scored by both teams during the game, including overtime.A player may wager Over or Under the total. In an Over wager, the player wagers that the total combined points scored by the two teams will be more than the total. In an Under wager, the player bets that the total points scored by the two teams will be less than the total. There will be no totals during the preseason. The Half-Point, Teaser and Super Teaser Parlay Cards will carry all totals. The $100,000 Parlay Card will have select totals on occasion. There is not a Totals-Only Card. - Early Bird Card (Pro Only)
To play Early Bird Cards, refer to the designated separate sheet for teams and point spreads. A new sheet is available each Monday and Tuesday. Download the most current sheet. - Half-Point Parlay Card
The Half-Point Parlay Card is the most popular type of card in Las Vegas and will offer payoffs ranging from 6.5 for 1 on a 3-selection parlay to 2,500 for 1 on a 12-selection parlay. All point spreads use half points, eliminating the possibility of a tie. - Teaser Card
On a Teaser Card, the point spreads differ from those on the Half-Point Card. The favored teams have to cover fewer points in order to be winning selections. The underdog teams receive more points. The payoffs on the Teaser Card are lower than they are on the Half-Point Card because of the advantage the player gets on the point spread. On a Teaser Card, players may parlay from 3 to 20 selections (since the point spreads have been adjusted, wagering is available on both sides of a game) and receive payoffs ranging from 12 for 5 to 1,000 for 1. All point spreads use half points, eliminating the possibility of a tie. - Super Teaser Card
On the Super Teaser card, the point spreads are adjusted even more than with the Teaser card. The favored teams must cover even fewer points in order to be winning selections. The underdog teams receive more points, The payoffs on the Super Teaser card are lower than they are on the Teaser cards because of the additional advantage the player gets on the point spread. On a Super Teaser card, players may parlay from 4 to 20 selections and receive payoffs ranging from 11 for 5 to 80 for 1. All point spreads use half points, eliminating the possibility of a tie. Players may bet on both sides. - Reverse Teaser Card (Pro Only)
On the Reverse Teaser card, the point spreads are adjusted so the favored teams must cover a larger point spread and underdog teams must cover a point spread that is smaller, and, in some cases, even minus points. In some cases, both teams in a game may be minus points and you may not bet both teams in that game. Because of these point-spread adjustments, the payoffs are much higher than those found on the other Teaser cards. On a Reverse Teaser card, players may parlay from 3 to 8 selections and receive payoffs ranging from 20 for 1 to 5,000 for 1. All point spreads use half points, eliminating the possibility of a tie. - $100,000 Parlay Card (Pro Only)
Players wager $5 and select 15 games against the point spread. If a player correctly picks 15 out of 15 games, he wins $100,000. If there is more than 1 winning ticket, the $100,000 prize is divided equally among the winning tickets. The $100,000 Parlay Card will have a few select Totals (Over/Under) Wagers upon occasion. Football Futures:
No card required. This wager is offered for the entire current season. To place a bet, the player simply selects a team. The odds fluctuate during the season, but are locked in at the time the wager is placed. Note: The Delaware Lottery reserves the right to refuse any wager/multiple cards or delete or limit any selection(s) prior to acceptance of any wager.
Additional wagers:
Off-the-Board Parlays
In Off-the-Board Parlays, the point spreads may fluctuate from the opening line. Players can parlay from three to eight teams and receive payoffs ranging from 11 to 2 to 160 to 1. There is a $5 minimum bet on Off-the-Board Parlays.Off-the-Board Teasers
The players can select 6, 6 1/2, 7, 10 and 14-point Teasers. A Teaser allows the player to add extra points to an underdog’s point spread or subtract points on a favored team.Halftime Wagers
A halftime wager, for betting purposes, resets the score of a game at 0-0 at halftime of a game. For example, if the Green Bay Packers lead the San Francisco 49ers at halftime by a score of 14-10 and you wager on the Packers -3 1⁄2 points in the second half, the Packers must win the game by eight points or more to cover the spread. Halftime wagers also include any overtime periods that are played.
- Off-the-Board Odds
Delaware Lottery Sportsbook and Sports Lottery Retailer Wagering Rules apply to parlay cards unless otherwise stipulated on the cards. The Delaware Lottery reserves the right to add, delete, or change its Wagering Rules and/or payoff odds at any time.
Note : Wagers are not available for Delaware based teams.
Previously, I published a comprehensive article on teaser betting strategy which explains what teasers are, who has the best odds, how to analyze teaser bets on an advanced level, blind teaser bets that are likely profitable, industry secrets and more. If you haven’t read that article, I strongly suggest doing so before continuing.
Now, moving forward, a topic I didn’t discuss in any detail was special teasers. These are the ones referred to at sports betting sites as “sweetheart teasers” and “monster teasers”. The name is not a standard, but the concept is the same. If you’re not familiar with these, a common example is a 10 point three team NFL teaser, generally offered at -110 to -130 pricing.
To give a further example, there are 3 teams you’re interested in betting this week: Jets +1.5, Ravens -11.5, and Patriots -2.5. Rather than betting these straight at -110 or -105, or putting them in a standard parlay, or standard teaser, you can put them in what many sites call a special, monster, or sweetheart teaser. If you do so, you’ll have a single bet of: Jets +11, Ravens -1.5, Patriots +7.5; each spread has been moved 10 points. Once again, you’ll need to risk between $11 and $13 per $10 you want to win, depending if the betting site offers these at -110, -120, -130.
This is only one example of a sweetheart teaser. Some sites also offer four team 13 point teasers, while 5dimes.eu offers teaser betting for 2-15 teams on every half point between 5.5 and 17, as well as a 20 point teaser option. While teaser options vary site to site, the 3 team ten point option is offered by many local bookies and most online betting sites. For that reason, I’ll use that as my example of how to calculate the value of sweetheart teasers.
Football Teasers Odds
Ties Often Lose
The first thing you need to know about sweetheart teasers is that, generally, ties lose. This is not the case at all sites, but it is at many of them, so pay close attention to the rules.
Best Sites for 10 Point Teasers
Here are the odds and rules for 10 point sweetheart teasers at four of our recommended betting sites:
www.Bovada.lv – 10 point three team teasers at -110 (Ties Lose)
Sportsbook – 10 point three team teasers at -120 (Ties Lose)
5Dimes.eu – 10 point three team teasers at -110 (Ties Lose)
Bookmaker.eu – 10 point three team teasers at -120 (Ties Reduce)
Sportsbook obviously offers poor odds for this wager type. These guys are good in other areas, but for this type of teaser we’ll leave them out. Bookmaker also offers worse odds, but has its advantages. At Bookmaker these teasers can be bet for as much as $20,000 per bet, while most other sites have $500 max limits. Also Bookmaker has ties reduce, meaning if one or more legs push while all others win, the bet is refunded. However, at -120 this is not enough to make it worth it, so for most, www.Bovada.lv and 5Dimes.eu are the best sites for monster teasers.
Are Sweetheart Teasers Sucker Bets?
For years I heard Sweetheart teasers are sucker bets, but to be honest I hadn’t looked at them in any great detail until writing this article. So with that, let’s go ahead and take a look together:
Now we already know, or at least should know, considering it’s the most common price charged in sports betting, that at -110 you’ll need to win 52.38% of your bets to break even over the long run. When there are three bets which are part of that -110 wager, what we need to do is convert 52.38% into a decimal of .5238 and then find which number times itself three times equals .5238, or in math terms: what is the cube root of .5238. Using a cube root calculator, I quickly determined that .8061 x .8061 x .8061 = .5238. Therefore, for a leg in a three team teaser at -110 to have neutral expected value, it must win 80.61% of the time.
After doing this math, I’m already discouraged. It seems rare that I’m going to pick up an extra 30.61% in win probability by adding 10 points, especially when pushes count as losses. I decided, however, to make an educated guess of which subsets of point spreads have the most value in a 10 point teaser. Now, what I know is that in the NFL the most common margin of victories in order are: 3, 7, 10, 6, 14, 4, 1, 17, 13 and 2. So I want to come up with subsets that cross as many of these key numbers as possible. The six that I decided were most likely to have value, if any subset has value at all, are-10.5 to -12.5 favorites, -1.5 to -2.5 favorites, -4.5 to -6.5 favorites, +4.5 to +5.5 underdogs, +7.5 to +9.5 underdogs and +11.5 to +12.5 underdogs.
My next step was looking at tons of historical data to determine how often teams push at each number crossed in a ten point teaser, and then add them together to get a rough idea if teasing that subset with ten points might have value. After doing, this I eliminated the -1.5 to -2.5 and the +7.5 to +9.5 subsets; teasing those ten points only increased their win rates by around 17%. The other four subsets were close enough to warrant a more detailed analysis.
As a professional gambler I’ve been compiling NFL statistics for years into databases I can use for analysis when needed. While this might sounds complex, for calculating teasers, push probabilities, etc., it is really not all that difficult. While I can’t confirm their accuracy, I’ve heard many recommend atsdatabase.com and sportsdatabase.com for NFL data. Heading to my database, I was able to find the following historical results for 10 point teasers:
-10.5 to -12.5 teased 10 points
Since 2006: 53-15 (77.94%)
Since 2001: 97-30 (76.37%)
-4.5 to -6.5 teased 10 points: (32.7% at -6.5) to (31.6% at -4.5)
Since 2006: 210-61 (77.49%)
Since 2001: 391-108 (78.36%)
Teaser Betting Odds
+4.5 to +5.5 teased 10 points:
Since 2006: 96-24 (80.00%)
Since 2001: 213-58 (78.60%)
+11.5 to +12.5 teased 10 points:
Since 2006: 24-8 (75%)
Since 2001: 41-11 (78.85)
I’ve now dug into these enough to determine with 98 percent certainty, there is no value to be had in standard three team ten point teasers.
Hopefully, this is not too discouraging. A thinking sports bettor, one who often makes the most profit, is someone who has lots of ideas, curiosities, theories and hunches. Rather than betting these and seeing if they win, they get out a blank sheet of paper, a few spread sheets, etc. and run tests. Bookies are smart, so more times than not we’re going to be disappointed in finding out that our brilliant idea was not +EV.
The good news is that as we practice our skills and as our knowledge grows, in time we can spot +EV bets much quicker. As far as teasers go, outside the box +EV teasers exist on a weekly basis.
Nfl Teaser Odds Payout
5Dimes.eu has 560 different types of teasers available. They offer 2-15 team teasers on every half point between 5 and 17, and also 20 point teasers, with two different formats regarding ties for each. While initially doing the work takes some time, and it might be a “tough way to make an easy living”, becoming an expert at football teasers and then managing your bankroll will make you easy money over time.
Now, if you’re a recreational bettor just looking for blind bets, stick to the strategies we mention in our teaser strategy guide. In that same article, those of you aspiring to or currently betting professionally can find further advanced strategies.
Nfl Teaser Odds Las Vegas
Remember teaser betting often wins in streaks; don’t get over confident or carried away with your bankroll. Bet responsibly, and we wish you the best of luck!
2 Team Teaser Odds
Other Advanced Sports Betting Strategy Articles:
» Future Betting Strategy
» NFL Bye Week Betting Strategy
» Parlay Betting Strategy