Definition
A teaser is a type of parlay where you get extra points on spreads and totals in exchange for lower payouts. NFL teasers typically offer 6, 6.5, or 7 points. All legs must win for the teaser to pay. Teasers crossing key numbers (3, 7) can be +EV in NFL.
Example
You tease Chiefs -7 and Bills -3 with 6 points. Your new lines: Chiefs -1, Bills +3. Both teams only need to win or lose by less than the adjusted spread. A 2-team 6-point teaser typically pays around -120.
Common Questions
Are teasers profitable?
Are teasers profitable?
Standard teasers are usually -EV. However, NFL 6-point teasers crossing key numbers 3 and 7 (Wong teasers) have historically been profitable due to how often NFL games land on those margins.
What's the best teaser strategy?
What's the best teaser strategy?
Focus on NFL underdogs teasing through 3 and 7, and favorites teasing through 3 and 7 in the other direction. Avoid teasers in NBA and other sports where key numbers don't exist.