Teaser Odds Calculator

  1. Multiply the decimal odds together to get your multiplier. Multiply the multiplier by your bet amount. Subtract your original stake to get the parlay odds. So if you're parlaying three teams at - 110 in American odds, your formula looks like this, since - 110 in decimal odds is 1.91.
  2. For Regular Teasers (6 pts up to 9 pts) if there is a push(es) combined with a win(s), the bet will be reduced to the next lowest number of teams. Example: if you have a 4-team teaser, where 3 games win and one game pushes, the bet will be reduced down to a 3-team teaser with the payout adjusted accordingly.
  3. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10. 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10. 2) / 5, which is $4. What is Implied Probability?
  4. A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.

With teasers involving three or more picks, a push on any leg reduces the teaser to the next lowest level. A 4-teamer where one leg is a push would payout at 3-team levels, etc. Note that a 2-team teaser with a push is not reduced to a 1-team teaser as there is no such bet.

During football season a great way to make a little extra cash is with teasers. The average gambler either plays this type of bet completely wrong, or they don’t understand what they are doing and thus avoid it altogether. If you have never tried a teaser bet then you are missing out on what I think is a great way to build your bankroll during the football season.

Today we are going to be analyzing the 10-point teaser. This simply means that you are being given 10 additional points for your teams, but they all have to win or else your wager is lost. For 10 point teasers the payouts normally go something like this:

#2 out of 2 pays -210
# 3 out of 3 pays -110
# 4 out of 4 pays +136
# 5 out of 5 pays +195
# 6 out of 6 pays +265
# 7 out of 7 pays +355
# 8 out of 8 pays +465
# 9 out of 9 pays +610
# 10 out of 10 pays +800
# 11 out of 11 pays +1025
# 12 out of 12 pays +1325
# 13 out of 13 pays +1700
# 14 out of 14 pays +2200
# 15 out of 15 pays +2850

All payouts are for $100 wagers. A (-) minus sign means you have to lay that much to win $100, a (+) plus sign means $100 bet wins you that amount.

So what is the best strategy with these bets? Here is our guide to playing 10 point teasers, remember to tease the number and not the team. That means that you really want to take advantage of getting the best odds and not worry as much about handicapping an individual teams chances of winning. You want to make it past as many key numbers as you can.

Ten point teaser are pretty simple in comparison to 6.5 point teasers.

  • Tease +1.5 to +11.5 and +2 to +12, but then stay away until you get to +4.5 to +6.5. I don’t recommend teasing 6, 6.5 or 7 up.
  • You should consider teasing -6 or -6.5 down to +4 and +3.5, but don’t touch 10 either way.
  • If you tease -10.5 down to -1.5 then you are in essence getting 11.5 points, but a +10 to a +20 puts you in danger of a three touchdown split.
  • The best 10 point teaser numbers are 11.5 to 12.5 both ways. If it’s a double digit favorite then they only need to win the game by less than a field goal and a dog gets a full extra score when they are bumped up to 21.5 or 22.

Now this doesn’t mean just jump in and tease every game that is sitting on either 11.5 or 12, that would be pretty mindless and stupid. You should continue to do your handicapping and if the numbers make sense for a play either way then it’s time to unload on it. I don’t put as much time handicapping the actual matchups as much with teasers as I do when betting sides or totals, but it’s not just blindingly throwing action out there either.

Super Teaser Odds

Teaser Odds Calculator

6 Point Teaser Odds

Another example when a 10 point teaser is great.

Basketball Teaser Calculator

Iowa is a -19.5 favorite at home against Iowa State. If you like Iowa then lay -9.5 to get the key numbers on your side, so the better team needs to win by only a touchdown and a field goal.

Football Teaser Odds Calculator

If you can make a case for Iowa State then you get +29.5 with lots of key numbers in there that can’t beat you.