College Basketball Teasers
Betting on college basketball has always been popular. The action gets progressively more exciting, and bets get more significant as we get closer to the NCAA Tournament in March. College basketball offers lots of betting markets, but one of the most popular, besides straight bets and parlays, are teasers. College basketball teasers don’t differ much when it comes to their NBA counterparts regarding the odds payout, but a different strategy is needed to profit from these college basketball bets compared to the pros.
College basketball teasers options may vary at many betting sites, but in most cases, they match NBA counterpart options. Most sportsbooks offer teasers from 4.5 points to 6 points on basketball. The odds won’t typically vary between the NBA and College Basketball when it comes to bets payouts. However, you will likely be able to bet far less on these college basketball bets as compared to NBA teasers. These college hoops bets are behind straight bets on sides, totals, and money lines and parlays, regarding college basketball betting popularity.
Best Betting Sites For College Basketball Teasers
College Basketball Teaser Odds
Teaser odds won’t have the large payouts associated with parlays, in most cases, as you’re adding points to the spread or total and not just merely hoping to hit several non-altered bets. For instance, a two-team NFL parlay has a payout of +260 while a 4.5-point basketball teaser has a payout of -110. Of course, that makes sense, since these college bets, and teasers, in general, alter the point spread or total in the bettor’s favor.
A favorite of -9 and an underdog of +5 becomes -3 and +11 when betting a 6-point basketball teaser. Odds will vary heavily based on the number of points in the teaser and the number of teams or selections. Like parlays, all selections in the teaser must win for the bet to be graded as a winner.
College Basketball Teaser Bets Examples
Let’s look at how a teaser affects college basketball point spread odds when we are betting a 6-point college basketball teaser on two favorites and two underdogs. Let’s start with the two favorites, and their odds before applying the teaser:
- Illinois -9
- Loyola Marymount -13.5
And, after we apply the 6-point, two-team teaser.
- Illinois -3
- Loyola Marymount -7.5
A 6-point, two-team teaser typically pays out at -150. Which means, bettors will have to wager $150 to win $100 when betting this teaser. As you can see, we added six points to Illinois’ spread of -9 to make it -3. Loyola Marymount went from -13.5 to -7.5. Now, let’s look at two underdogs and apply a 4.5-point, two-team college basketball teaser:
- Pittsburgh +5
- NC State +10
When we add 4.5 points to each side, we come up with:
- Pittsburgh +9.5
- NC State +14.5
The odds to win this 2-team, 4.5-point teaser are -110, which is far better than the -150 in the above 2-team, 6-point teaser. The 4.5 points moved Pittsburgh to +9.5 from +5 and NC State from +10 to +14.5.
Profitability of Basketball Teaser Bets – Calculating Your Edge
Ultimately, profiting from teasers in college basketball amounts to how much they improve your chances of winning and the payoff. Since there is such a wide range of teasers, from 4.5 points to 6 points, at most sportsbooks, it’s tough to nail down the exact probabilities.
Math Behind Basketball Teasers
Our odds converter is one way to estimate your edge. If you calculate the odds for each teaser bet, then you can determine the breakeven percentage using our odds converter. For instance, if you’re betting 2-team, 4.5-point teaser, then you need to win more than 52.38% of the time for the bet to be profitable. Essentially, if you calculate the breakeven percentage for your teaser by inputting the American odds (or any other odds type) into our calculator – you will get your breakeven percentage, which is expressed as the implied probability. It is up to you to judge if you can beat that percentage when betting teasers and if they are worth more than straight wagers on the same selections.
College Basketball Teaser Bets Strategy
Betting basketball teasers don’t have the same sort of strategies that are involved with NFL teasers. There isn’t a specific winning strategy or betting system out there that is as widely used or as profitable as “Wong Teasers” for examples. For advice betting the best college basketball teasers, it’s about mastering the basics and utilizing your own strategies from there (more on NCAA college basketball betting).
Avoid Teasers of More Than Three Selections
Like college basketball parlays, teasers with more selections than 2-3 teams have an extremely high edge for the oddsmakers. These are unbeatable, regardless of your skill level at sports betting. This goes across all numbers when it comes to betting teasers or parlays. Stick to betting 2-3 teams or selections, or you might as well be lighting money on fire.
Place Your Bets Early
The college basketball market gets sharper as the day progresses and is determined almost solely by sharp bettors, with the one exception being the NCAA Tournament. The odds will undoubtedly be sharper and more accurate to the actual probabilities closer to when the games tip off rather than the early market. If you’re betting teasers, in most cases, you’re going to get a better line if you bet early, rather than late.
Don’t Tease Totals
In general, if you see anyone teasing totals, they have no idea what they’re doing when it comes to betting sports. There is little value gained when teasing totals due to the high number of points and the variance of outcome is also quite high. There is no reason why you should ever tease a total. Stick to teasing sides.
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