Nfl Teaser Rules
Parlays and teasers are the two most popular exotic sports bets. Both of these sports wager types require players to include at least two outcomes. For teasers, these can include point spreads and totals. Parlays can use spreads, totals, and money lines. Parlays may include picks across multiple sports, while all bets on a teaser must be on the same sport.
A standard parlay takes a point spread, total, or money line right off the board. Parlays can contain anywhere from two to ten outcomes. Each outcome must win or tie to keep the parlay alive. Any loss will kill the card and make it lose. A tie or push will drop and lower the payout by one outcome. For example, a four-team parlay that has three wins and a tie would be paid as a three-teamer. This rule does not apply to parlay cards that specifically state that ties win or lose.
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. Nowadays teasers for football and basketball come in many shapes, names and sizes. Sometimes teasers will even allow the punter to combine NBA games with NFL games in the same teaser. There are so many varieties of teasers that you need to make sure you read through each sportsbook’s terms and conditions to see their specific rules. For Regular Teasers (6 pts up to 9 pts) if there is a push(es) combined with a win(s), the bet will be reduced to the next lowest number of teams. Example: if you have a 4-team teaser, where 3 games win and one game pushes, the bet will be reduced down to a 3-team teaser.
Numerals on the back and front of jerseys as specified under NFL rules for the player’s specific position. Such numerals must be a minimum of 8 inches high and 4 inches wide, and their color must be in sharp contrast with the color of the jersey. Smaller numerals should be worn on the tops of the shoulders or upper arms of the jersey.
Standard Point Spread and Total Payouts
The following parlay card payouts refer to point spreads and totals in football and basketball. Some smaller Las Vegas and large, safe online books offer slightly better odds. In general, Jerry’s Nugget is the best place to make parlay bets in Las Vegas.
- Two Team: 13-5
- Three Team: 6-1
- Four Team: 10-1
- Five Team: 20-1
- Six Team: 40-1
- Seven Team: 80-1
- Eight Team: 160-1
- Nine Team: 360-1
- Ten Team: 720-1
Money line parlay payouts that can be made on any sport are determined by taking multiplying the house edge on each individual bet. This is also done when combining money lines with point spreads or totals.
Ties Lose Parlay Cards
Ties lose parlay cards have higher payouts than traditional parlays. These are much more difficult to hit because the sports book will intentionally put numbers in key places, like 3 and 7 for football. A game that lands on one of those numbers will kill all parlay cards that picked it on both sides.
Some ties lose parlay cards will contain only primetime games. These will offer just the night game point spreads and totals with a variety of prop bets. The props include number of fumbles, interceptions, field goals, and touchdowns. These numbers will nearly always be even so that anyone that takes either side of the bet loses the entire card if the prop bet pushes.
Ties Win and Half Point Parlay Cards
3 Team Teaser Bet
More desirable cards are called ties win or half point. Both have the same concept. Neither card can be lowered or graded a loser due to a push. On ties win cards, look for football games with spreads of 3 and 7. On half point parlay cards, check for games that had spreads on 3 and 7 and see which way the line moved a half point. Take the other side that gets the free hook, another way to describe a half point.
Football Teasers
Teasers allow players to add points to a spread or total to increase the advantage. The most common football teaser cards offer 6, 6.5, and 7. Some sports books will also offer 10 and 14 point teaser cards. These are usually complete sucker bets.
Football Teaser Payouts
The following are common teaser payouts in Las Vegas and at online sports books. Certain sports books will offer better returns so it is always a good idea to shop around.
Six Point Teaser Payouts
- Two Team: -120
- Three Team: +160
- Four Team: +250
- Five Team: +450
- Six Team: 7-1
- Seven Team: 9-1
- Eight Team: 10-1
Six and a Half Point Teaser Payouts
- Two Team: -130
- Three Team: +140
- Four Team: 2-1
- Five Team: 4-1
- Six Team: 5-1
- Seven Team: 8-1
- Eight Team: 9-1
Seven Point Teaser Payouts
- Two Team: -140
- Three Team: +120
- Four Team: 2-1
- Five Team: 3-1
- Six Team: 5-1
- Seven Team: 7-1
- Eight Team: 8-1
Basketball Teaser Payouts
Basketball teasers are typically 4, 4.5, or 5 points. These have different payouts than football teasers.
Four Point Basketball Teaser Payouts
What Is A Nfl Teaser
- Two Team: -110
- Three Team: +180
- Four Team: 3-1
- Five Team: 4-1
- Six Team: 6-1
- Seven Team: 9-1
- Eight Team: 12-1
Four and a Half Point Basketball Teasers Payouts
Teaser Bet Rules
- Two Team: -120
- Three Team: +160
- Four Team: +250
- Five Team: 4-1
- Six Team: 5-1
- Seven Team: 7-1
- Eight Team: 9-1
Five Point Basketball Teaser Payouts
- Two Team: -130
- Three Team: +150
- Four Team: 2-1
- Five Team: 3-1
- Six Team: 5-1
- Seven Team: 7-1
- Eight Team: 9-1
Related Posts:
Teaser Betting Rules
by Trevor Whenham - 12/31/2009
Nfl Teaser Strategy
Teasers aren't the first tool that most serious bettors look at to make a profit. In the right situations, though, they can be both profitable and a lot of fun. One reason why bettors don't always embrace them is the confusion over teaser betting rules. The rules are at least a little bit different at each different sportsbook, and those seemingly small differences can make a big impact on the bottom line if you aren't aware of them. Here's a look at the important teaser betting rules that you need to be aware of.
Before we get to the nitty-gritty, we really should look at a definition of teasers. A teaser, like a parlay, is a bet on multiple games - two or more - and you must be correct in all of the games in order to cash your ticket and make a profit. They are most common in football and basketball - the sports most often bet against the spread. What makes teasers special, though, is that you get to adjust the point spread. A typical football teaser, for example, is six points. That means that you get to take six points off the spread of a favorite, and add six points to the spread of an underdog. For example, a -10 favorite would become -4 in a six-point teaser, while a +10 underdog would be +16. Now for those teaser betting rules:
Number of points - The first thing you need to be aware of is the number of points added to each game. The standard is typically six in football and 4.5 in basketball, but those can vary widely. As any sports bettor knows, even just a half point in a spread can make a big difference. You can find football teasers as low as five points and as high as 20, and basketball anywhere between four and 16. You need to know the number of points you have, and make sure that the adjusted spreads are favorable for you.
Payout - The payout in a teaser is fixed - it doesn't change based on the teams involved. Each sportsbook sets their own payouts, though, and they can vary widely. When you are making a teaser bet you need to shop around to find the best price for the number of teams you are betting. Some books generally have better teaser payouts than others, but they won't necessarily have better payouts for all of the possible teams involved. Over the long run a difference in payout can obviously make a big difference to the bottom line, so looking for the best payout is crucial.
Ties - This is the single biggest rule that you need to be aware of - how the book handles ties. There are four different ways that a book can handle it if one of your games ends exactly on the number. Some books treat a tie as a win. Others reduce the number of teams in the teaser by one - if you bet a four-team teaser and have a tie and three wins then it will pay off like a three-game teaser. Others will treat a teaser with a tie as no action - they'll return your bet - as long as you win your other bets. Finally, some books will treat a tie as a loss. Each of those is a very different situation, and can affect your return significantly. You need to be aware of what the book offers, and make sure that it fits your needs. There isn't necessarily one situation that is better than another, but you need to make sure that the potential return adequately reflects the risk you are taking.
Maximums - There are two potential issues you may need to consider here. First, the maximum amount you can bet on a teaser may to too low for you. Many books minimize their risk in teasers by making the maximum bet much lower than it is for a straight bet. Some books also put a maximum on the amount they will pay out for a teaser. That could mean that a large bet on a teaser with several teams involved which should pay out for more than the maximum will return less than the stated odds. Over the long term that's a real problem.
Different online books have different strengths when it comes to teasers. Here's a couple of sportsbooks that do well on many fronts, though:
5Dimes - 5Dimes offers a wide range of teaser options, with football teasers available from everything from five points to 20, and basketball from 4.5 to 16. They also offer two different options for ties - they can either be counted as winners, or the number of teams in the teaser can be reduced by one. The reduce option pays a little better than the win option. 5Dimes also offers prices that are competitive with most books in most situations, and better in many.
Bookmaker - Though Bookmaker offers fewer options than 5Dimes, and is less generous with ties (they treat them as no action if the rest of the bets are a win), their prices are attractive when you are involving more teams.