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Live Teaser Odds

by Kris Lazaro

Similar to parlays, teasers are a bad bet. Books love to see teasers, for like parlays they act to give the house a big advantage over the player. Unlike parlays, though, teasers "give the player" 6, 6.5, or 7 points in football or 4, 4.5, or 5 points in basketball sides. I hope at this point you see how this quickly becomes a bad bet.

For a teaser to win BOTH sides must win. How many games have you seen where a side covers by more than 7 points in football, or 5 points in basketball? It happens more often than you think, in this era of sports where most teams go for the kill and not let the other team in a game. Odds-wise, it is also a bad bet.

In a 7 point football teaser, most books slap a juice of -130 on this bet. As a veteran gambler, never submit to a spread juice of no greater than -120. Anything higher than this, and you can pretty much guarantee yourself a losing season.

If you find the need to tease, which I recommend you don't, then do yourself a favor and tease NFL underdogs in general. Previous to the current year, NFL underdogs have been undervalued, for the systems public loves to bet the favorite (thus increasing and inflating the spreads for the favorites). I do not recommend NCAAF, NCAAB, and NBA teasers at all, for most of these spreads are soft in general, meaning that the true outcome is usually not close to the spreads.

In all, teasers are a bad bet and should not be even considered in the mind of avid, well-informed sports gamblers. In our next series, we look at a different, but similar type of teasers, the Sweetheart Teasers.

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