Top Online Teaser Sportsbooks – Best Teaser Sportsbook & Odds
One creative way to give yourself a bit of an edge when betting on sports is to put together a teaser. Teasers are a form of parlays, in which a bettor will get a more advantageous set of lines for the teams selected, but will not get the same type of payout. A two-team parlay would pay back 2.64 to 1 at most sportsbooks as a standard price and then would be adjusted based on the lines for the individual sides or totals.
Teasers are different. In a teaser, you sacrifice some of the payback in order to get a better line. The industry standard is to allow teasers from 6-13 points on football and 4-10 points on basketball. More often than not, you’re going to see 6, 6.5, and 7 point teasers in football and anywhere from 4-6 points in basketball. These bet types can be very profitable in certain situations, but, as the name suggests, sometimes they can just be a great, big tease.
The way a teaser works is that the bettor will add a certain number of points to the line in order to get a more favorable situation. Let’s say that the Packers are a two-point underdog. Putting a six-point teaser on the Packers would drive that line up to +8. You get +3, +4, +6, and +7, which are all key numbers in the NFL. The Steelers are a six-point favorite. Playing a six-point teaser with the Steelers would drive that number down to a pick ‘em. So, on your two-team teaser, you would have Packers +8 and Steelers PK, when the original lines were +2 and -6.
Sportsbooks offer different payout prices on teasers, much like they do on parlays. There are industry standards that have been set and then sportsbooks deviate a little bit based on their risk profile. Like shopping around for the best standard lines and the best parlay prices, you want to do the same with the teasers market.
Here are some of our preferred sportsbooks for betting teasers:
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One of the shortcomings of DSI Sportsbook is that they cap football teasers at 8 teams and basketball teasers at 15 teams. Other sportsbooks offer teasers up to 8 teams for both sports. That being said, you’re still going to get treated fairly over at DSI with teasers. Like 5Dimes, they offer even money back on a two-team, six-point college football teaser. Most sportsbooks in the industry aren’t willing to do that.
The big difference, and the reason why DSI comes second in this list, is that a six-point NFL two-team teaser comes back at -120 instead of -110 like over at 5Dimes. A three-team six-point teaser comes back at the same +155 rate, whether it is the NFL or college football. A four-team, six-point teaser for either football league pays back +250. DSI doesn’t pay back as well on the long shots like 10-teamers or eight-teamers, but the majority of players are looking at two and three-team teasers and they are right there in terms of those.
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You take the good with the bad at BetOnline Sportsbook. All football teasers pay -110 on a two-team, six-point teaser, which is nice given that some of the other sportsbooks in the industry charge you a little bit more vig on the NFL. They’ll also pay +260 on a four-team, six-point teaser, which is 10 cents higher than DSI. Unfortunately, BetOnline has some things to pay attention to in the fine print. Any teaser that crosses both three and seven points is subject to a “premium charge”, which is five cents per team. That means that a two-team, six-point teaser like the one above would only pay -115 because the Packers go through +3 and +7.
Other small print includes a premium charge for teasing off of 3 or off of 7 while crossing over the other number. The charge is only three cents for three-team or four-team teasers that are going through those key numbers. Considering BetOnline’s payouts are a little bit higher than DSI’s, thus comparable to 5Dimes, they’ll still make the top five here, but it can be disappointing to see a policy that punishes the player for being smart and getting an edge.
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Bookmaker’s prices on teasers are competitive. They’ll give you -120 on a 2-team, 6-point NFL teaser, which is pretty average in the market, but they’ll also give you even money (+100) on a 2-team, 6-point college football teaser. Teasers in NCAAF are much harder to pull off because of the higher variance levels in the games, but that is still a nice feature at Bookmaker.
As far as other 2-team teaser price differences, the 6.5-point teaser is -130 for NFL and -110 for college and then the 7-point teaser is -140 for NFL and -120 for college. There are no differences in price with 3+-team teasers, as those start at +150 and go all the way up to +800. Bookmaker will allow NFL teasers from 6-9 points, but only 6, 6.5, and 7 for college football. “Special” 10-point, 3-team teasers are offered at -120 for both.
Basketball teasers are the same for NBA and college, with 5.5, 6, and 6.5, with -120, -130, and -140 for 2-teamers. 3+ teams are all at plus money, except for the “Special” teaser with 3 teams and 8 points at -120. Teasers for both football and basketball max out at 7 teams.
Bookmaker’s teaser market is fair. They don’t have payouts in line with some sportsbooks, but also don’t charge bettors extra to move through key numbers, so this is a solid place for betting those teasers.
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MyBookie Sportsbook is really carving out a nice niche in the industry. The user-friendly design is bright and inviting. There are a lot of reasons to sign up over there, especially if you’re looking for something that is a little bit “off-brand” and has some more flexibility to do some different things. As far as teasers go, MyBookie offers pretty comparable prices to what’s out there in the market. A two-team, six-point teaser comes in at -120 for both NFL and college, which isn’t quite up to par with the others listed above, but there is no premium upcharge for crossing key numbers.
Like other sportsbooks, those that are able to hit a 10-team teaser, which shouldn’t be as crazy as it sounds with the ability to do teasers on both sides and totals, will get a +2500 return on their investment. That’s the same as places like BetOnline.
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JazzSports is an outstanding place to bet on teasers. With the standard -110 vig on most of their sides and totals, you won’t be paying extra in order to place those teaser wagers. We’ve seen some sportsbooks in the past put together teaser protection lines in hopes of getting bettors to shy away or pay a premium. Not JazzSports. What you see is what you get with the juice and that is the way that any decent sportsbook should run.
As a result, the teaser payouts, which are standard relative to the industry, won’t have anything taken out with -115, -120, or -125 vig in most cases. Furthermore, JazzSports knows that so many bettors are playing NFL or NBA and those are the markets where teasers are most popular. They pay special attention to balancing the books for those sports in order to offer fair, competitive odds.
There is a reason why this top-rated online sportsbook has been in business for over 25 years. They do it right and that includes their teaser offerings.
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For those just starting out, perhaps BetAnySports is the place for you. If you have a limited bankroll, but just want to get involved and learn, BAS offers wager limits as low as 50 cents so that you can get an understanding for the industry and the processes before investing more money. BAS is part of the 5Dimes family of books, which also includes Viebet, so the teaser payouts are the same over there.
One of the cool things about BAS and 5Dimes is that they also offer some different payouts based on the type of teaser that you want to play. You can pick a teaser where ties win, ties lose, or ties reduce the payout. With a ties reduce two-team, six-point NFL teaser, the payback is +100. When ties win the payback is -105. Ties lose teasers are only available when the teaser is 9.5 points or higher, but options are always a good thing.
Read an in-depth review of BetAnySports Sportsbook: BetAnySports Sportsbook Review
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