Definition
Teaser
Also known as Teaser Bet, Sweetheart Teaser
By Abhinav VasudevanReviewed Editorial policy
In short
A teaser is a parlay in which you move the spread in your favour on every leg, in exchange for a much lower payout. A standard NFL teaser shifts each line by six points.
A teaser buys points. You combine two or more spread or total bets, move every line in your favour by a fixed amount, and accept a reduced price for the privilege. All legs must still win.
Standard NFL teasers
Six points is the usual shift, with more available at worse prices:
| Type | Points | Typical 2-team price |
|---|---|---|
| 6-point | 6 | −110 to −120 |
| 6.5-point | 6.5 | −120 to −130 |
| 7-point | 7 | −130 to −140 |
A two-team 6-point teaser turns −7.5 and +2.5 into −1.5 and +8.5. Both must still cover.
The Wong teaser
The one teaser strategy with a genuine mathematical basis, named after gambling author Stanley Wong. It involves teasing only through both key numbers 3 and 7:
- Favourites between −7.5 and −8.5, teased down through 7 and 3
- Underdogs between +1.5 and +2.5, teased up through 3 and 7
Because NFL margins cluster so heavily on 3 and 7, crossing both is worth far more than six generic points would be elsewhere on the scale. Historically this produced a genuine edge.
Two caveats. The pattern is very well known, and books have responded by pricing teasers less generously and watching for accounts that only place Wong-qualifying ones. And it applies to the NFL specifically, because of that sport’s scoring structure. The same logic does not transfer to basketball, where margins are smoothly distributed.
Pleasers
The inverse bet: move the lines against yourself by six points in exchange for a much larger payout. A two-team 6-point pleaser might pay +600.
They are extremely difficult to win and carry heavy margin. They exist for the same reason long-shot parlays do.
Common questions
What is a Wong teaser?
A six-point teaser that crosses both key numbers 3 and 7, using favourites between -7.5 and -8.5 or underdogs between +1.5 and +2.5. It had a genuine historical edge because NFL margins cluster on those numbers.
Do teasers still have an edge?
Much less than they did. The Wong pattern is very well known, books price teasers less generously than they used to, and accounts that only place qualifying ones get watched. It also applies to the NFL specifically, not to basketball.