For those new to sports betting, there are several ways to make money from placing a bet on your favorite team. This is because there are many types of wagers you can make and each with the own advantages and disadvantages. One of them is the Teaser or Teaser bet which many sports gamblers use to give them an edge. Thus, we present our Guide to Teaser Bets, where we explain how they work and how to make one.
A teaser is a popular type of bet where a bettors can adjust the point spread or total in their favor. However, keep in mind that for it to be a teaser, it must be done on two or more games. Therefore, it is a parlay bet where you can buy points in your favor.
This type of wager is fairly common in football and basketball betting. However, many gamblers make Teaser on other sports as well.
Guide to Teaser Bets – How to Make a Teaser Bet
In a teaser bet, the bettor combines two or more wagers and can then adjust the point spread or total line for each game by a certain number of points. The bettor can either add points to an underdog‘s spread or take points away from a favorite’s spread. Similarly, the bettor can either add or subtract points when betting on totals.
Choose the games: First, you need to choose two or more games that you want to bet on. Teasers can include both point spreads and totals, but not moneylines.
Select the number of points: You then choose to adjust the point spread or total line by a set number of points. Common options for teasers include 6, 6.5, or 7 points. This means that if you’re betting on a favorite, you’ll subtract the number of points from the spread, and if you’re betting on an underdog, you’ll add the points to the spread.
Place your bet: the next step is to place your bet at a sportsbook or betting site. You will then need to enter the wager amount and confirm your bet.
If your teasers win, you will receive a payout based on the sports betting odds and the number of games in the teaser. In addition, just like a parlay Bet, all bets in the teaser must win to win the teaser bet. However, if one game ties, then it is simply taken out of the teaser and the odds change accordingly.
It’s important to note that while teasers can be a fun way to bet on sports, they also come with increased risk due to the number of games involved and the adjusted lines. Make sure to do your research and consider all factors before placing a bet on a teaser.
Teaser Odds and Payouts
Teaser payouts will rise with every game added to the teaser, but more games mean more risk. The table below shows the payouts for 6, 6.5, and 7-point teasers when selecting two games, three games, and four games. Note that payouts can vary sportsbook to sportsbook.
Teaser size | 6 Points Odds | 6.5 Points Odds | 7 Points Odds |
Two-Team Teaser | -110 | -120 | -135 |
Three-Team Teaser | +160 | +140 | +120 |
Four-Team Teaser | +265 | +240 | +215 |