May 22, 2020
May 22, 2020

What is Teasers betting?

How to bet on Teasers

Teasers betting explained

Teaser bet examples

Teaser bet rules

What is Teasers betting?

Teasers betting is something not all bettors are aware of, yet it is an option that allows you to boost your chances of winning a bet featuring multiple selections (albeit at reduced odds). How do Teaser bets work, what are their payouts and what Teasers betting does Pinnacle offer? Read on to find out.

Teasers betting explained

In Teasers betting, the bettor receives a specified favourable point adjustment for every selection of a multiple selection bet, with the bet then also set at a fixed payout.

Teaser bet example

Here is how a six-point Teaser bet would work on Super Bowl LIV contested between the Kansas City Chiefs and San Francisco 49ers:

Market

Points set for regular bet

Points set for six-point Teaser bet

Kansas City Chiefs (Handicap)

+2.5

+8.5

San Francisco 49ers (Handicap)

-2.5

+3.5

Over/Under

45.5

Over 39.5, Under 51.5

As you can see, if somebody wanted to bet on the Handicap for the Kansas City Chiefs, they would move from a +2.5 underdog to a +8.5 (2.5 + 6) underdog, greatly increasing the chance of winning this selection. Equally, the Handicap on the San Francisco 49ers would move from -2.5 favourites to +3.5 (-2.5 + 6) underdogs.

For Over/Under bets, Teaser bets open up two separate markets to assist your bet. In this instance, when the Over/Under was set at 45.5, this would move to Over 39.5 (45.5 - 6) and Under 51.5 (45.5 + 6), essentially boosting your chances of winning by six points either way.

All of this does come with a reduced and fixed payout. If someone was to place a €100 Multiple bet on either team to win on the Handicap in one game and the Over/Under for another game, the payout would likely be around €365 (€265 profit), based on odds of -110 / 1.909 for each selection. However, the same bet with a six-point Teaser would have a lower payout with combined odds of -110 / 1.909, meaning that a €100 bet would only win €190.90 (€90.90 profit).

What Teasers betting does Pinnacle offer?

Pinnacle has betting markets for footbal teasers and basketball teasers. Teaser bets on Pinnacle can include Handicap and Over/Under markets.

Football Teaser bets

Pinnacle has three primary markets for Teaser betting on football:

  • NFL Same Game: Teaser bets of 6, 6.5 and 7 points when all of the selections in the bet are on the same NFL fixture.
  • NFL/College 2 - 6 Team: Teaser bets of 6, 6.5 and 7 points involving selections on between two and six NFL and/or NCAA football teams.
  • Super Teasers: These are ten-point Teaser bets involving selections on three NFL and/or NCAA teams and 13-point Teaser bets involving selections on four NFL and/or NCAA football teams.

The payouts for football Teaser bets on Pinnacle are as follows:

Pinnacle football Teaser bet payouts

Point adjustment

Two teams

Three teams

Four teams

Five teams

Six teams

6

-110 / 1.909

+160 / 2.600

+260 / 3.600

+450 / 5.500

+700 / 8.000

6.5

-120 / 1.833

+140 / 2.400

+240 / 3.400

+400 / 5.000

+600 / 7.000

7

-130 / 1.769

+120 / 2.200

+200 / 3.000

+350 / 4.500

+500 / 6.000

Super Teaser bet: 10 points, three teams

-130 / 1.769

Super Teaser bet: 13 points, four teams

-140 / 1.714

Basketball Teaser bets

Pinnacle has two primary markets for Teaser betting on basketball:

  • General basketball Teaser bets: Teaser bets of 4, 4.5 and 5 points involving selections on between two and six NBA, WNBA and/or NCAA basketball teams.
  • NBA Super Teasers: These are seven-point Teaser bets involving selections on between two and six NBA teams.

The payouts for basketball Teaser bets on Pinnacle are as follows:

Pinnacle basketball Teaser bet payouts

Point adjustment

Two teams

Three teams

Four teams

Five teams

Six teams

4

-100 / 2.000

+180 / 2.800

+300 / 4.000

+450 / 5.500

+700 / 8.000

4.5

-110 / 1.909

+160 / 2.600

+250 / 3.500

+400 / 5.000

+600 / 7.000

5

-120 / 1.833

+150 / 2.500

+200 / 3.000

+350 / 4.500

+500 / 6.000

Teasers betting rules: Things to consider

There are several things you need to remember when placing a Teaser bet with Pinnacle. Most frequently, this relates to what happens when a tie occurs in at least one of your selections that form the bet or any are deemed to have no action.

Teaser bet ties

In the instance of a tie, on both football and basketball Teaser bets involving three teams or more, the selection(s) are removed and the payout is adjusted accordingly. For instance, a Teaser bet involving four teams would be reduced to three teams.

For football and basketball Teaser bets involving just two teams, when at least one selection is a tie or deemed to have no action, the entire bet is considered a push and all money is refunded. If any selection of a Super Teaser bet is a tie or deemed to have no action, the entire bet is graded as no action and all money is refunded irrespective of the number of teams involved.

Teaser bet base Handicap adjustments

On certain occasions, the point adjustment for Teaser bets may also be different than what you are expecting if the base Handicap for a Teaser has been moved to a different Handicap. This is because in some situations, Pinnacle has to limit our exposure and thus cannot allow unlimited Teaser bets to be placed at certain prices.

For instance, if for an NFL game the Green Bay Packers and Seattle Seahawks were set at Handicaps of -7.5 and +7.5 respectively (a base Handicap of 7.5), Pinnacle may move the base Handicap to 9.5 to offer six-point Teaser bets.

As a result, the Teaser bet Handicaps set would be Green Bay Packers at -3.5 and Seattle Seahawks at +3.5 as opposed to Green Bay Packers at -1.5 and Seattle Seahawks at +1.5 that you would ordinarily expect.

Teasers betting with Pinnacle

Like the sound of Teasers betting? Head over to Pinnacle’s betting pages for football and basketball Teasers to build your Teaser bets.

Betting Resources - Empowering your betting

Pinnacle’s Betting Resources is one of the most comprehensive collections of expert betting advice anywhere online. Catering to all experience levels our aim is simply to empower bettors to become more knowledgeable.