Teaser Bets - Sports Betting
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Teaser Bets - Sports Betting
This section of the Sports Gambling Tutorial on
Sports Betting provides
an explanation of teaser bets in sports betting. A teaser bet is a
parlay bet in which you adjust the
point spread or total score of each
individual sports bet.
Like a parlay, a teaser bet is a single sports wager that links together several individual
sports bets (generally from 2 to 8 in the case of teasers). You can combine a series of
straight point spread bets, over under bets, or any
mixture of the two. A teaser bet allows you to buy points - adjust the point spread or
total score in your favor - on the individual sports bets that comprise the multi-part wager.
Adjusting the point spread and/or the total score gives you a greater likelihood of winning your
sports wager - the cost for buying the points is that you will get less of a return on the wager.
You cannot select different point adjustments for the different sports bets - the amount
of points you buy will be applied to all of the individual bets that comprise the teaser bet.
You cannot buy, say, 4 points on one game and 5 on another game.
What are the advantages of playing a teaser bet rather than a series of individual wagers?
You receive significantly better odds than you would playing the adjusted
money line wagers. Also, compared to a
money line wager, the teaser bet generally offers you a greater number of points with which
to adjust the point spreads and total scores. The disadvantages? As in a parlay bet,
winning two out of three or three out of four is still a loss. If those winning bets had
been individual sports wagers, you would have come out ahead. As always, going for a bigger
payout entails a bigger risk.
Typical 6 point Teaser Bet Payouts
| 2 Teams |
10/11 |
| 3 Teams |
8/5 |
| 4 Teams |
5/2 |
| 5 Teams |
4/1 |
| 6Teams |
6/1 |
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