NFL Teaser & Pleaser Bets Explained

 

 


A NFL teaser bet is a kind of a parlay bet between 2-10 bets, but unlike a regular parlay you can change the spreads, as well as totals, to your favor, but the payout will be lower because of this. In a teaser point spread bet you can make the spread less for the favorite or make it more for the underdog. In a totals teaser bet you can make the Under more and make the Over less. A NFL teaser bet is just like a parlay in that you have to win all the games for the bet to be a winning one. Also, like a parlay the more games that you bet the more the payout will be.

Here is an example of a 2-team 6-point teaser bet for the point spread.

Washington Redskins +6.5

Dallas Cowboys -6.5

Chicago Bears +3

Green Bay Packers -3

Ok, so in using the 6 point-teaser you want to bet on the Cowboys and Packers. In using the 6 points now the Cowboys are at -.5 (-6.5 plus the 6 points) and the Packers are at +3 (-3 plus the 6 points). You can see that you are improving your chances in the bet, which is why the payout for teasers is much less than a parlay. Now the favorite in the Cowboys are only giving point and the favorite Packers are now the underdog getting 3 points.

Here is an example of a 2-team 6-point teaser bet for the total.

Redskins vs. Cowboys 46

Bears vs. Packers 51

For example if you want to take the Under in the Redskins vs. Cowboys game and the Over in the Bears vs. Packers game the new line using the 6 points would look like this:

Redskins vs. Cowboys 52 (46+ the 6 points)

Bears vs. Packers 45 (51 – the 6 points)

So with the new line using the 6-point teaser the total of the Redskins vs. Cowboys game must be less than 52 and the total of Bears vs. Packers game must be more than 45 for you to win the wager.

If you make a teaser bet it is a push and that game is taken out of the equation. If you have a three-team teaser bet and one of the games has the Cowboys -7 and they win by 7 points the game is a push and the three-team teaser is now a two-team teaser. If you have a two-team teaser bet and there is a tie in one of the games the whole bet is a push. This is because you cannot get increased odds on just one game in a teaser bet.

NFL Pleaser Bet

Now that you know how a teaser works a pleaser bet is very easy to understand. A pleaser bet is just the opposite of a teaser bet, as instead of moving the lines to your favor you are moving them to your disadvantage. However, because you are moving the lines more against you the payouts for a teaser bet is much more favorable.

Washington Redskins +6.5

Dallas Cowboys -6.5

Chicago Bears +3

Green Bay Packers -3

In this example if you want to make a please bet and take the Cowboys and Packers the new lines, using the 6 points, would have the Cowboys at -12.5 and the Packers at -9. As you can see the point spread increased and those teams have to cover a bigger spread, which is why the payout is so much better.

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