The table below shows the payouts for 6, 6.5, and 7-point teasers when selecting two games, three games, and four games. Teaser payouts will rise with every game added to the teaser, but more games mean more risk. If both of these happen, the bettor would cash in at odds of -110, meaning a $110 bet on the teaser would profit $100. The bettor now needs the Ravens to win by four or more points and the Bears to win outright or lose by eight or less. Even if only one game loses, the entire teaser is graded as a loss.īelow, we see an example of an NFL two-team, 6-point teaser where the bettor has teased the Baltimore Ravens from 9.5-point favorites down to -3.5 and teased the Chicago Bears from 2.5-point underdogs to +8.5. Just like in parlay betting, every bet included in the teaser must win in order for the teaser to pay out. Teasers must include two or more bets (although some books require three or more) and the more bets added, the higher the potential payout but also the higher the risk. Some sportsbooks will offer varying point sizes for teasers so you might also find 6.5-point and 7-point teasers.
The most common teaser is a 6-point teaser, which allows you to add or subtract six points from a spread or total whichever way you want.
