With the previous teaser example in mind, let’s take a look at how to place a teaser bet.Īt DraftKings Sportsbook, you simply make your selections and DraftKings will give you the teaser bet option. This gives you, as a sports bettor, more options in addition to same game parlays and other exciting betting types. The biggest online sportsbooks in America have teaser calculators built into their websites and apps. So, it’s up to you whether you think you can match that 74% success rate on picks! What is a teaser calculator?Ī teaser bet calculator allows you to calculate the odds of your teaser bet automatically, with the click of a button. However, teaser betting in College Football has been criticized due to the unpredictability and volatility of games.Īssuming you are betting it at -120 odds per leg, you must win each leg 74% of the time to break even on six point teasers. Teasers offer you an alternative to the standard parlay, by giving you lower odds on a more likely set of outcomes.īecause so many NFL games end with margins of victory between 1 and 7, NFL teasers can be very profitable. Generally, teasers are good bets if you are looking for a middle-ground between a bunch of straight bets and a standard parlay bet. However, as expected, your win return is slightly smaller than a standard parlay bet. You are effectively ‘buying’ yourself added points in your parlay, which increases your chances of winning. You can see why teaser betting can be popular. Your new teaser bet would look like this: This means that Pittsburgh would need to not lose by more than 11 points, Green Bay would need to avoid defeat by no more than 3 points, and Arizona would need to win by just two points or more.

In a three-team, 6-point teaser, you would be given an extra three points in your favor for each leg. Let’s say you are interested in placing a 6-point NFL teaser bet based on these three legs: In other words, the spread will change by a specific number of points in your favor. Teasers allow you to combine multiple point spreads together into a parlay, but also give you the ability to ‘buy’ points for the spread. Teaser betting is essentially a special form of parlay betting. Before diving into the benefits of using a teaser calculator, it is important to explain what teaser bets are.

Teaser payouts calculator