Teaser Bet Example
What Are Teaser Bets? A teaser bet shares something in common with parlay wagers. In both cases, you are placing two or more games on a single betting slip. You’ll need to be right on all choices in order to cash in. For example, on a three-team teaser, all three legs must be correct in order to have a winning ticket. The same holds true when. A teaser bet is a bit of a parlay bet, which allows players to reduce their risk. A teaser bet offers the opportunity to bet on point spreads or game totals, and then “tease” or adjust the line to give them a better chance of winning. Of course, their chances to win come at a cost? Which is reduced odds.
- 6 Point Teaser Bet
- Teaser Bet Examples
- Sweetheart Teaser Bets
- Teaser Bet Rules
- Teaser Bet Example Definition
A teaser is another type of wager available to bet on sports. A Teaser is not a straight bet, but is more similar to a parlay, but comes with much different odds and odds of winning. Often under-utilized, the teaser can be a valued weapon in a bettor’s arsenal if they know how to use them correctly. These types of wagers allow for multiple selections or “legs” to make up one all-encompassing bet, but give the bettor a little more freedom with some help on the betting lines. Keep reading more below as we will explain further in-depth and help you understand how betting odds work when it comes to making a teaser bet
What Is A Teaser Bet
A teaser is akin to a parlay placed on a number of games, but the difference is that points are adjusted in order to help you. As you put together your selections onto your betting slip, instead of needing the lines as they are to hit, they will move a handful of points to make it more attainable. Of course, with this adjustment, the odds to win increase but that also means that you would not win the same amount that could be expected if you left it as a normal parlay. Like a parlay though, all of your selections must be correct and any one “leg” that was incorrectly chosen will result in a losing teaser wager.
Why Bet On Teasers
Teasers can be advantageous to bettors that are fond of using parlays, but are not comfortable with the particular spreads or totals that have been set within a desired game.
A teaser allows the line to be shifted for these parlay-type wagers so that the percentage of winning them goes up in theory. As such, it makes them easier to win, unlike the opposite of a teaser, which is a pleaser. A pleaser takes points away making it more difficult to win the line by increasing the spread. But then the payout is much higher. For more information on pleasers, please visit the preceding link.
Example Of How A Teasers Work
6 Point Teaser Bet
Say you want to take an NFL teaser on two games. The Green Bay Packers are favored by (-6) over the Detroit Lions, and the New England Patriots are (-3) favorites over the Baltimore Ravens. Those are the established betting lines for the two matchups by oddsmakers and you could take them just as they are (which is a parlay). But if you decide you want to take a teaser – let's use a six-point teaser as an example – the betting line is adjusted in your favor depending on which side of the betting line you want to bet.
So, say you like Green Bay and New England in this example. With a teaser, the betting lines will move so that the Patriots are now 3-point underdogs to Baltimore, and the Packers are now a pick'em against Detroit. Since the lines have moved, the payout is going to be less than leaving it as a parlay, but your odds of winning go up as it becomes much easier.
Other Types Of Teasers - Sweetheart Teasers
Another type of teaser bet that not all gamblers know about is the sweetheart teaser. Sweetheart teasers are a special type of teaser bet that rewards players who understand point spreads better than the average gambler. Available at some sportsbooks, especially those that cater to the US market, so-called sweetheart teasers exist that give the gambler even more points to play around with (anywhere from 10 or 13) but there is a catch. Sweetheart teasers require that you pick at least four to six teams. Pushes on sweetheart teasers make your entire bet a losing proposition.
Bovada Sportsbook - Best Sports Betting Site For Teaser Bets
Teaser bets are always fun and Bovada knows that which is why most players sign up for Bovada accounts. Getting a chance to place a teaser bet on Bovada is one of the huge plusses that players check out. This is where all the guys go and make money on bets that are favored for them. The line moves and looks much better for players with an account with Bovada. The teaser bets are put together by the player and it is customized by them. This is plenty of reason to get an account with Bovada
SportsBetting's Sportsbook - Tons Of Teaser Options With Adjustable Lines
SportsBetting has more than enough betting odds and options for players. The teaser options are here as well and this may be one of the more exciting betting options for players to pick and use. These teaser bets are more made by the players so this is where the player really feel confident in the bet they make on these teams as the lines can be moved. Moving points will happen with teaser bets and this is what intrigues SportsBetting account holders.
BetOnline Sportsbook - Best Sportsbook Bonuses And Promotions For Teaser Bets
A lot of games that are played are on BetOnline sportsbook. The age requirement for players to sign up is 18 and older. All it takes is for a player to be that age and they can have an account and place these teaser bets that are offered. These teaser bets are here for players to choose and it is for any sport and for all fans. There will always be bonuses as well so this means that they will be more money and free plays offerd to players. The teaser bets are at the top of the list for all players. Being able to see the points move in your favor is a massive bonus and that could happen on BetOnline.
Teaser Bet Examples
MyBookie Sportsbook - Teaser Bets Here On MyBookie
It is ok to know that more money will be in your account if you take a few teaser bets on MyBookie. There are plenty of betting options but here on MyBookie, there is nothing wrong with players taking teasers bets. In fact, taking teaser bets could be as profitable as any other betting option like live betting on mobile betting. The moving of points is one thing that sticks out and usually, this is why players like to place teaser bets. This is just one way that players get win a lot of money on MyBookie.
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A teaser is a sports bet that is similar to placing a parlay bet. Both types of wagers are made by selecting two or more events to occur. Like a traditional parlay, each event selected for a teaser must win in order for the player to win to win the bet.
All multi-event wagers have the potential for larger wins but teasers don’t pay as much as a parlay. The attraction to teasers might be that they appear easier to win.
The main item that separates a teaser from a traditional parlay is that a bettor may alter point spreads and over/under totals between 4 and 10 points depending on the sport and teaser. Changing the point spread and point total make the wagers appear to be easier to win.
Winning multiple bets, no matter the point spread is never easy. However, the adjusted lines should help bettors find a little more confidence in their bets. The payout from the sportsbook for a teaser is lower than a parlay since these are anecdotally easier to win.
How a teaser works
A teaser isn’t too difficult to understand after seeing how the point moving works. The easiest way to comprehend a teaser is to see an example. For simplicity, we’ll use a six-point teaser for football games:
Original wager options:
- New England Patriots +3 (-110) at Kansas City Chiefs
- Los Angeles Rams +3 (even) at New Orleans Saints
A two-team six-point teaser on the underdogs would change the point spreads to the following:
- New England Patriots +9 at Kansas City Chiefs
- Los Angeles Rams +9 at New Orleans Saints
A two-team six-point teaser on the favorites would change the point spreads to the following:
- New England Patriots at Kansas City Chiefs +3
- Los Angeles Rams at New Orleans Saints +3
A $10 parlay with the original point spreads would pay approximately $27.70. A $10 six-point teaser would pay $8.35. The same teaser will pay less if the point spreads or totals are teased by 6.5 or 7 points.
The process for selecting totals on a teaser is similar.
All sportsbooks offer a variety of teaser cards for football season. Football games can be teased by 6, 6.5, or 7 points. Some casinos offer 10 point teasers but only for a total of three sides and/or totals.
Sportsbooks offer teasers for basketball as well. However, they offer fewer basketball teaser cards than football. Basketball games can be teased by 4, 4.5, 5, 5.5, or 6 points.
Placing a teaser in person
A teaser in a land-based casino can be done in two ways. A player simply can tell the ticket writer how much they’d like to wager, how many points they’d like to tease and the point spread and totals that they would like to tease. It’s rare to see a person bet a teaser in person like this.
Sweetheart Teaser Bets
The in-person process can be confusing and time-consuming. Most teaser bets in land-based casinos are placed using a teaser card. Filling out a card in advance of visiting the sportsbook desk is a quick way to complete the transaction since all of the information is already filled in.
Casinos offer a variety of parlay and teaser cards. Make sure to read the rules and payout before choosing a card.
Betting teaser cards
Casino operators have different computer systems for parlays and teasers so the process might be different at certain casinos. Most teaser cards have fixed point spreads and Over/Under totals. In this case, the information on the card won’t change when a teaser bet is placed.
Some sportsbook operators might use a “live line” even though a teaser card lists a specific line from the morning. This allows the casino to change the point spread or point total based on what the current line is when the teaser is placed.
The ticket writer will ask the player if they’re okay with the changes before finalizing the bet. This process can be intimidating for new bettors when a sportsbook is busy and the lines are long. Bettors don’t have to accept the new lines and shouldn’t be afraid to decline the line changes.
Placing a teaser at an online sportsbook
Placing a teaser at an online sportsbook might be the easiest way to make this kind of wager. A teaser can be made simply by selecting the teams and totals, selecting “teaser,” and choose how many points to tease.
Online teaser cards make the process even more simple. The teaser card will show the adjusted point spreads and totals for each card. The player simply chooses between two and eight sides or totals then selects how much they’d like to wager. Just enter “submit” and confirm the bet. That’s all it takes to bet a teaser online.
Teaser Bet Rules
Teaser Payouts
Once a bet is placed, the odds paid remain fixed no matter what computer system a sportsbook uses. Teaser payouts are smaller than traditional parlays.
For example, a two-team point spread parlay might pay 2 to 1 odds if both events are winners for the player. Meanwhile, a two-team teaser might pay -110 if both events are winners.
The more points used to tease lines, the less the payout will be. A six-point teaser might return 10-11, while a 6.5-point teaser only returns 10-12, and a seven-point teaser returns 10-13.
Teaser Bet Example Definition
Actual pay schedules vary by teaser type and sportsbook. Check the pay schedule before placing a teaser or any other bet.