Which Sportsbooks Have the Best NFL Teaser Prices? – The Action Network

Posted: October 11, 2021 at 10:14 am

Youve probably heard about the success of Wong teaser pieces this NFL season. Certain teasers (through key numbers of 3 and 7) hit at a greater rate than what it costs to buy the points youre getting, and theyve been red-hot to start the year (Seahawks +8.5 against the Rams not withstanding).

But dont go rushing to bet these teasers without understanding if youre getting a fair price.

Thats because the price your sportsbook offers on two-team, 6-point teasers will impact whether or not the teaser is still mathematically advantageous. Ideally you want -110 on a two-team, 6-point teaser, but thats not available in the United States from the 20 books weve looked at. And -130 on these teasers evaporates the edge immediately.

So which U.S. sportsbooks are giving the best prices on teasers? Lets dive in.

Tests run at 20 sportsbooks in New Jersey. If youve seen different prices or been limited on certain teaser types, please let us know.

You can read Stuckeys full teaser guide for more info, but heres how the basic math looks.

NFL underdogs between +1.5 and +2.5 teased six points have covered 75.3% of the time. Favorites between -7.5 and -8.5 have covered about 76% of the time. They cover at a high rate because many NFL games end in these margins, given how points are scored in football.

To break even on a two-team, 6-point teaser at -110, you only need to win 72.4% of the time. Thats an advantage, historically speaking, based on the cover rate I just detailed.

But to break even on a 6-point, two-team teaser at -130, you need to win 75.2% of the time. Based on those same cover rates, your entire advantage is gone at -130.

Road underdogs have been the best teaser pieces over the last decade.

There are three primary ways a sportsbook offers NFL teasers:

*Books that use dynamic pricing or alternate spread parlays, so listed price is based on teasing two teams from +2 to +8.

PlayUp, which is only available in Colorado and New Jersey, has fixed teaser pricing at -115. Its the best in the market we can find.

Unibet, Barstool, BetRivers, etc., who all use odds provider Kambi, came in second at around -117 on two teaser pieces going from +2 to +8. Their Wong teasers are priced anywhere from -117 to -123, depending on the exact numbers youre teasing through.

These books have dynamic pricing, so you can actually get better prices on bad teasers, making them less bad.

Taking the Titans from -4.5 to +1.5 and the Dolphins from +10 to +16 (not something we recommend) pays out +116.

FanDuel should be avoided because of its fixed price at -134. DraftKings is available in all the same states, and has a fixed price of -120.

BetMGM and PointsBet should also be avoided in most cases, because youre parlaying alternate spreads. And if you want to take a team from +1.5 to +7.5, those alternate spreads are going to be costly.

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Which Sportsbooks Have the Best NFL Teaser Prices? - The Action Network

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