Teasers
Teasers are used ONLY for football and basketball, both professional and college (NCAA). Teasers are wagers that consist of two (2) to seven (7) selections of teams joined together into a single play, with just one risk amount, where a certain number of points is added or subtracted to each selected side or total in order to improve the player’s chances of winning. The payout depends on the number of teams and the number of points which are given.
The points given are applied as follows:
| Sides |
Always ADD the teaser points to the spread. |
| Over |
Always SUBTRACT the teaser points from the over. |
| Under |
Always ADD the teaser points to the under. |
| |
All picks must win for the wager to win; the moment there is a losing pick the entire wager is a loss (unlike parlays). If a selection is a push and the remaining picks are winners, the teaser reverts to the next lower level of teaser. In the case of a 2-team teaser which involves a push and a win, it is graded as no action because it cannot revert to a 1-team teaser (because such a wager does not exist); the amount at risk is then refunded to the player.
It is allowed to combine both football and basketball (only), and to include both sides of the same game as well as the over and under of the same game (which is known as an “inside-out teaser”).
Examples:
Note:
For the following examples of teasers, first notice the posted lines for the football and basketball games. Then, notice how point spreads and totals change once the points are added or subtracted as explained above. Pay attention to the different payouts.
| Examples of football lines: |
| Team |
Point Spread |
Total |
| Indianapolis Colts |
|
O |
|
| Philadelphia Eagles |
-9 1/2 |
U |
41 1/2 |
| Detroit Lions |
|
O |
|
| Green Bay Packers |
-10 |
U |
41 1/2 |
| Atlanta Falcons |
|
O |
|
| Pittsburgh Steelers |
-5 |
U |
42 1/2 |
| Cincinnati Bengals |
|
O |
|
| Baltimore Ravens |
-4 |
U |
37 |
| New York Giants |
-1 1/2 |
O |
|
| Minnesota Vikings |
|
U |
45 |
| San Diego Chargers |
|
O |
|
| Saint Louis Rams |
-6 |
U |
44 |
| |
| Examples of basketball lines: |
| Team |
Point Spread |
Total |
| Philadelphia 76ers |
-5 |
O |
|
| New York Knicks |
|
U |
186 |
| New Orleans Hornets |
|
O |
|
| Atlanta Hawks |
-5 |
U |
190 |
| Denver Nuggets |
|
O |
|
| Detroit Pistons |
-11 1/2 |
U |
165 |
| Miami Heat |
|
O |
|
| Washington Wizards |
-8 1/2 |
U |
176 1/2 |
| Dallas Mavericks |
|
O |
|
| New Jersey Nets |
-3 |
U |
199 |
| San Antonio Spurs |
-9 |
O |
|
| Cleveland Cavaliers |
|
U |
176 1/2 |
| |
| Example #1: Using 6 points in football and 4 points in basketball |
| 5-Team Teaser |
| Selections |
Risk / Win |
| Green Bay Packers |
-4 |
|
|
|
| Atlanta Falcons |
+11 |
|
|
| San Antonio Spurs |
-5 |
|
|
| Miami Heat |
|
O |
172 1/2 |
| Saint Louis Rams |
|
U |
50 |
| |
$50 / $225 |
| |
| Example #2: Using 6½ points in football and 4½ points in basketball |
| 3-Team Teaser |
| Selections |
Risk / Win |
| Philadelphia 76ers |
- 1/2 |
|
|
|
| Cincinnati Bengals |
+10 1/2 |
|
|
| Pittsburgh Steelers |
|
U |
49 |
| |
$100 / $160 |
| |
| Example #3: Inside-Out teaser, using 6 points in football and 4 points in basketball |
| 4-Team Teaser |
| Selections |
Risk / Win |
| Miami Heat |
+12 1/2 |
|
|
|
| Washington Wizards |
-4 1/2 |
|
|
| Washington Wizards |
|
O |
172 1/2 |
| Washington Wizards |
|
U |
180 1/2 |
| |
$100 / $300 |
| |
Assuming that the final score for the game was
| Miami Heat |
85 |
| Washington Wizards |
94 |
| Total |
179 |
| |
The entire inside-out teaser is considered a winner since:
| Bet on: |
According to the teaser: |
Outcome |
| Miami |
Can lose by 12½ pts |
Lost by 9 |
| Washington |
Must win by 4½ pts |
Won by 9 |
| Over |
Total more than 172½ pts |
179 |
| Under |
Total less than 180½ pts |
179 |
| |
Miami could lose by 12½ points and win the teaser and Washington only has to win by 4½ points to win the teaser. Because it was a 9 point win for Washington, both selections win. On the other hand, the total for the game is 179 which is higher than 172½ (bet on the over) and lower than 180½ (bet on the under). The bet is a win.
Note: There are no half points scored in football or basketball, and the above are just including half points for illustrative purposes.
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