Teaser calculator
Enter the spreads, the points you're buying and the price your book quotes for that teaser. It shows the line each leg moves to, what the ticket pays and the chance the price needs you to beat.
- Winnings
- $91.67
- Total payout
- $201.67
- Leg 1, teased
- -7.5 → -1.5
- Leg 2, teased
- +3 → +9
- Chance needed to break even
- 54.5%
What it shows
A favorite at -7.5 teased 6 points becomes -1.5, and an underdog at +3 becomes +9. At a price of -120, a $110 bet wins $91.67. To break even at -120 the ticket has to cash 54.5 percent of the time, and since both legs must win, each one needs to come in about 73.9 percent of the time.
The calculator asks for the price because there's no single one. Teaser prices are set by each book and they differ, by the number of legs and the number of points, so take the figure from your own book's rules.
The mistake people make
Thinking every point is worth the same. I wouldn't. Six points across a number that games often land on, like 3 or 7 in football, are worth a lot more than six points across numbers that rarely come up. A teaser that crosses neither is usually paying the book for nothing. The teasers guide shows the break-even rates price by price, and I'd look at that table before I bought points on any game.