Las Vegas Teaser Rules
During football season a great way to make a little extra cash is with teasers. The average gambler either plays this type of bet completely wrong, or they don’t understand what they are doing and thus avoid it altogether. If you have never tried a teaser bet then you are missing out on what I think is a great way to build your bankroll during the football season.
Teaser bets and Vegas teasers are gambling wagers that add extra points to sides or totals. Teaser bets are popular for NFL and NBA gambling. The sports betting odds for teaser bets are determined by the number of points by which each sports betting spread is moved and the number of teams included in the teaser. MGM Grand Las Vegas offers text alerts to consumers interested in receiving property discounts as well as event and information related to MGM Grand Las Vegas. A message will be sent to your mobile device for verification. By joining this program you agree to receive periodic text messages. Message and Data Rates May Apply. Text HELP to 50435.
Today we are going to be analyzing the 10-point teaser. This simply means that you are being given 10 additional points for your teams, but they all have to win or else your wager is lost. For 10 point teasers the payouts normally go something like this:
#2 out of 2 pays -210
# 3 out of 3 pays -110
# 4 out of 4 pays +136
# 5 out of 5 pays +195
# 6 out of 6 pays +265
# 7 out of 7 pays +355
# 8 out of 8 pays +465
# 9 out of 9 pays +610
# 10 out of 10 pays +800
# 11 out of 11 pays +1025
# 12 out of 12 pays +1325
# 13 out of 13 pays +1700
# 14 out of 14 pays +2200
# 15 out of 15 pays +2850
- Choose a minimum of 2 lines up to a maximum of 10 to place a regular football or basketball teaser.
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Vegas Teaser Rules
All payouts are for $100 wagers. A (-) minus sign means you have to lay that much to win $100, a (+) plus sign means $100 bet wins you that amount.
So what is the best strategy with these bets? Here is our guide to playing 10 point teasers, remember to tease the number and not the team. That means that you really want to take advantage of getting the best odds and not worry as much about handicapping an individual teams chances of winning. You want to make it past as many key numbers as you can.
Ten point teaser are pretty simple in comparison to 6.5 point teasers.
Las Vegas Football Teaser Rules
- Tease +1.5 to +11.5 and +2 to +12, but then stay away until you get to +4.5 to +6.5. I don’t recommend teasing 6, 6.5 or 7 up.
- You should consider teasing -6 or -6.5 down to +4 and +3.5, but don’t touch 10 either way.
- If you tease -10.5 down to -1.5 then you are in essence getting 11.5 points, but a +10 to a +20 puts you in danger of a three touchdown split.
- The best 10 point teaser numbers are 11.5 to 12.5 both ways. If it’s a double digit favorite then they only need to win the game by less than a field goal and a dog gets a full extra score when they are bumped up to 21.5 or 22.
Now this doesn’t mean just jump in and tease every game that is sitting on either 11.5 or 12, that would be pretty mindless and stupid. You should continue to do your handicapping and if the numbers make sense for a play either way then it’s time to unload on it. I don’t put as much time handicapping the actual matchups as much with teasers as I do when betting sides or totals, but it’s not just blindingly throwing action out there either.
Another example when a 10 point teaser is great.
Iowa is a -19.5 favorite at home against Iowa State. If you like Iowa then lay -9.5 to get the key numbers on your side, so the better team needs to win by only a touchdown and a field goal.
If you can make a case for Iowa State then you get +29.5 with lots of key numbers in there that can’t beat you.
Teaser Betting Rules
by Trevor Whenham - 12/31/2009
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.