So, for this bet to win, we need to make sure that both teams cover at least 55% of the time for this bet to be profitable. That is our implied improbability of this bet.

This means we’re risking 1.20 to win 2.20.

Since the odds are -120, we can convert those into decimal format: 1.20.

These sites offer -120 on these bets when many other sites are in the -130 range. You can find some of the best deals online for betting 2-team, 6.5-point teasers at BetOnline.ag and SportsBetting.ag. To figure out if a teaser is profitable, we must dive into a bit of math. It’s important to check on the sportsbook’s rules on teasers before betting to see if they are “ties lose” or “ties reduce.” Profitability Of Teaser Bets – Calculating Edge Most sportsbooks will grade teaser ties as a reduction of the number of teams, except in the case of a two-team teaser. Like parlays, all legs or bets of a teaser must win for the bet to be graded as a winner. This is simply because parlays don’t alter the betting odds given, while teasers move the point spread or total from 6 to 7.5 points and, at some sportsbooks, below or above this number. NCAA football teaser bets, and teaser bet odds in general, have the same payouts whether they are for NFL or college football.īettors will find that parlay odds pay out at a much higher rate than teasers. For further information, read our Privacy Policy By submitting this form, you agree to receive emails from Safest Betting Sites.

Teaser odds payout