If you are looking to learn more about online sports betting, you will be seeing all different bet types. You might come across a teaser. What is a teaser? To put it simply, it’s a parlay where you change the point spreads or totals in your favor. Let’s break them down.
More: Learn about moneylines, spreads, and more in sports bettinওg
What is a Teaser in Sports Betting?
A teaser is a bet type where you create a parlay of either spreads or totals and then “tease” the line in your favor. For example, you might select the Chiefs, Bengals, and Lions to cover the spread. If you create a teaser, you can change the spread of each of those games by 6 points in your favor. Let’s look at it.
| Teaser | Original Spread | Teaser Spread |
|---|---|---|
| Chiefs | -7.5 | -1.5 |
| Bengals | -2.5 | +4.5 |
| Lions | +6.5 | +12.5 |
As you can see, you are betting a parlay with alternate lines foᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚr the spread. The odds also adjust. The odds for this bet would be +160. If you played this as a straight parlay, the odds would be +596.
A Look at Teaser Payouts
What kind of payout are you getting for a te🅷aser? It depends on the teams and the amount 🐠of points you tease. Take a look at the breakdown for a 6-point teaser.
| Teams | Points | Odds |
|---|---|---|
| 2 | 6 | -120 |
| 3 | 6 | +160 |
| 4 | 6 | +260 |
| 5 | 6 | +400 |
Now let’s look at the odds for a 7-point teaser. The more points you decide to tease, the more you will have to bet for a decent payout.
Most Common Types of Teasers
The most common teasers are found in football and basketball. As we said before, it’s a parlay with adjusted lines for the total or spread. In terms of the number of points teased, the most common are 4, 6, and 10-points.
The amount of teasers available will vary based on the sportsbook. For example, DraftKings Sportsbook has﷽ teasers of 4, 🦩4.5, 5, and 10 points. They might remove the number of points you can tease based on the amount of teams you add.
Should I Bet Teasers Often?
Now, is it worth it to bet teasers? 🃏Take a look at some of the important thi▨ngs to consider. You can place this type of bet on college football or basketball as well as professional football and basketball.
- Don’t tease college football or basketball games. The outcomes have too wide of a range to be profitable.
- Make sure the odds are -120 or better. There is no point in forking over tons of money for a low payout.
- Always do your research and make sure it’s a value bet. NFL games are usually played close which makes this type of bet tempting, but you need long-term success to make a profit.
Placing a Teaser Bet with Sportsbook
If you are looking to pl❀ace a teaser on a top sportsbook, follow these steps⭕.
- Add your bets to your bet slip.
- Click on the “teaser” button in your bet slip.
- Select the points you would like to tease.
- Check the odds of your completed bet.
- Add how much you would like to wager.
- Place your bet.
Most sportsbooks will have this popular betting option located within your bet slip. 🐓You select the picks individually before heading to your bet slip and clicking on the teaser button will group the bets together so you can begin to create your teaser.
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