Sports betting has been made easy by DraftKings Sportsbook, and the many types of bets available allow you to use your best betting skillset to rake in some cash. One of the betting types includes teasers. Teasers allow you to choose point spreads and game totals, and many DraftKings users wonder how to do teasers properly.
You can do teasers on DraftKings by choosing the game you want to tease, going to your bet slip, selecting parlays, and there you’ll find the teaser option. You then need to pick your point spread and whether you want to do totals too. DraftKings only has teasers in football and basketball.
Since teasers may be a new concept to you, you’ll want to understand more before you take action. We’ll address everything you need to know to get the most out of teasers, from what it entails, to some helpful tips.
DraftKings Sportsbook Teasers Explained
If you’re familiar with parlays, you’ll quickly get to know teasers, as they are similar. The difference is that you need to pick spreads and totals for two or more teams in a single wager. You can only do teasers for football or basketball, but the most common is football.
Teasers trade points for volume, where you, as the bettor, buy points and parlay two or more teams. You’ll get a fixed number of points over all your picks when you do a teaser.
You can tease the spreads and decide on totals if you wish. Typically, you’ll get six points for football and four for basketball. All teaser legs need to be successful for you to win the bet.
The payout probability is based on the number of teams in the teaser and the number of points selected. The more game selections in your teaser, the higher your odds of losing.
Types of Teasers
You get to select two or more teams in your wager. It is helpful to note that if your pick turns out as a push/draw, it is removed, and the odds are altered accordingly. Before you pick, you must decide what teaser works for you.
These are the types of teasers DraftKings offer:
- A two-team teaser: This teaser is the most common and safest option. Your points are spread over two different games. In a two-team teaser, a push without a loss ends in a ‘no action,’ and your wager is refunded.
- A three, four, five, and six-team teaser: This bet allows you to play with a minus or plus six points over a spread on the teams chosen. DraftKings will enable you to adjust the points in football between 6, 6.5, and 7 points. Your options in basketball are 4, 4.5, and 5. The maximum spread is a six-team teaser.
- Reverse Teasers: Reverse teasers are also called pleasers, which entails the opposite of a teaser. You’ll sell points to DraftKings instead of buying them in this bet. The risk is more, but the payout is heavenly. You’re better off with reverse teasers in basketball rather than the NFL.
How To Place A Teaser On DraftKings
Once you’ve decided how far you’d like to spread your points on a teaser, you will want to know how to put your bet into action! Here’s how:
Step 1: Choose your sport – football or basketball only. Select which games you’d like to tease.
Step 2: Open your bet slip on your app at the bottom. If you’re on your pc, your bet slip is at the top right.
Step 3: Select ‘parlays,’ and you’ll see a green teaser button that you need to select.
Step 4: Choose your point spread and totals if you want to. Be sure to watch your wager and potential payout to make the best selection.
If you’d like an idea of how a teaser looks, this example should guide you to a level of understanding.
Say you want to do a two-team teaser with a 6-point spread. Then you tease the Buffalo Bills with a current 9.5 points and the Chicago Bears with 2.5 points. Your 6 points would place the bet that the Baltimore Ravens move down to 3.5 and the Chicago Bears to 8.5.
This means the Buffalo Bills must win by four or more in their game, and the Chicago Bears must lose by eight or fewer points. Once both teams move to your predicted lines, you’ll win the wager.
Teasers Earning Potential
The DraftKings algorithm determines your payout depending on the sport you choose, your point selection, and the number of games played in the teaser.
Here is a DraftKings example of the price of 6-point spreads in varying teaser numbers.
- Two-team teaser at -120
- Three-team teaser at +160
- Four-team teaser at +260
- Five-team teaser at +400
Know that prices may adjust according to the spreads you’re changing, such as a line from +2 to +8 being more beneficial than +8 to +14.
Tips For Betting Teasers
Sports betting can make or break your bank, and before you get going on teasers, some practices should make your journey smoother. It would be best to refrain from teasing your way through 0 because NFL games rarely end in ties that would bring you to your predicted score.
If you’re looking for a strategy, football scores between +7 and +8 are more of a goldmine than others. Most football games work through the numbers 3, 6, 7, and 10 due to how the system works and point margins, so it’s best to get your lines to those numbers.
College football is also quite risky to bet on because the outcome always varies, and the point margins are inconsistent. Betting more than three teasers is a high risk, and keeping the predictions small will yield better results.
Now that you know how to do teasers on DraftKings Sportsbook, feel free to try it out! Keep in mind that all legs of your bet need to succeed for you to get a win, and the more teams you spread on, the higher the risk.