Online sportsbooks do their best to provide their account holders with different choices. This extends not only to what sports might be available to wager on, but what types of bets that can be made. The more wager types that an online sportsbook offers, the better chance that they will have in catering to a wider audience. Not only that, different wager types can be fun. One such bet that can be made is what's known as a teaser wager.

The purpose of this page is to educate bettors on what a teaser wager is, what sports it can be used on, how it's applied, and most importantly, what the advantages are that come along with using a teaser wager. In other words, why is placing a teaser something a bettor should consider?

Teaser bets In sports betting, a teaser is a variation of a parlay bet that allows the bettor to move the point spread or the Over/Under a designated amount of points in their favor. 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. A teaser is a combination between 2 and 10 football or basketball wagers. You adjust the point spreads and/or totals in your favor in exchange for a lower payout.When your teaser includes a point spread, you can decrease the spread for the favorite (or increase the spread for the underdog). What is a Teaser Bet. A teaser bet is a parlay bet that uses modified point spreads. For example: a 2-team 6-point teaser on Giants -8.5 -110 and Patriots +4.5 -110 gives you Giants -2.5 and Patriots +10.5 as a parlay. The odds for 6-point teasers vary between bookies. To give an idea: 2-team 6-point teasers are generally offered at -110, 3-team 6-point teaser at +150 to +180 and 4-team 6-point teaser at +250 to.

What Is A Teaser?

To understand why or when a bettor would use a teaser wager, it's important to understand exactly what one is. A teaser is a multi-bet wager that allows the bettor to adjust the point spread of those wagers in their favor. A teaser can be linked to as few as two outcomes, or as high as 15 at some sports betting sites. Teasers typically only apply to the sports of football and basketball.

A teaser lets a player move the spread, while at the same time adjusting the payout. It is the exact opposite of a pleaser wager, because the teaser adjusts the spread making the bet easier to win, in theory. But at the same time, the payout can be sacrificed. And just like a parlay, which is another multi-bet sportsbook wager type that can be made, all teaser bets must hit in order for the payout to be had.

Teaser Wager Payouts

The next question on your mind probably relates to the type of payout that can be expected when betting a teaser. This answer varies, because it hinges on the number of teams that are contained within the teaser wager. The more teams associated with the wager, the higher the potential payout will be. In general, teasers come with low payouts because the spread is adjusted in the favor of the bettor. There can be no losers within a teaser for the bet to pay out. If one of the games within the teaser is a push, the bet would still be intact, it would only move to the payout tier below the original number, because that bet would essentially become voided.

How Are Teasers Different From Pleasers + Parlays?

While in general a teaser, pleaser, and parlay are of the same family of wagers because there are multiple outcomes involved, they are quite different. Betting on a teaser and betting on pleasers are polar opposites, protons and electrons. One does one thing, the other does the opposite. A teaser skews the spread in the bettors favor, and pleaser skews it away from the bettor.

The main difference between a parlay and a teaser wager lines within the adjustment of the spread or total. In terms of a parlay, there is no adjustment made on the wager. A bettor either puts their money down on the spread or the moneyline and will get paid accordingly to how much risk was taken. While the process is essentially the same for a teaser, moving the point spread + payouts are where the difference lies.

There are many online sportsbooks that will feature teaser wagers that their account holders can place a wager on. Prior to signing up at a sports betting site that accepts USA players, prospective users will have the chance to check out which sportsbooks will give them the opportunity to make a teaser wager. We have several top quality online sportsbooks below which bettors can place teaser wagers with.

Where Can I Make A Teaser Bet Online?

Many online sportsbooks will allow you to bet on teasers in 2021 - they are, in many ways, one of the staple wagering types of sports betting. Teasers are one of the most common wagering variants - as opposed to the straight bets that make up the majority of sports betting. Basically, if someone is betting something other than the spread, the moneyline or the Over/Under, it’s pretty likely to be a teaser. Teasers are available at most if not all of the major online sportsbooks, but tend to be limited to those sports where the spreads are fairly large so that it is worth teasing. That means that you mostly see teasers in football and basketball, sports that can have large spreads.

Why Would I Want To Make A Teaser Bet?

So, let’s say you felt pretty ok about the idea that the Patriots would beat the Dolphins, but you weren’t sure how much they’d win by. Meanwhile, you’re confident that the 49ers will beat the Seahawks but you aren’t sure if they'll do so by enough to cover the spread. You can tease these two games together in order to lower the spread on both of them. If both of the teams were 7.5 point favorites, you might be able to tease that down to 5.5 point favorites, meaning that a touchdown victory in both games will give you the win. That’s the basic idea, but they can get much more complex, especially when you introduce other teams to the teaser. Generally, though, people only end up teasing two outcomes together - it gets quite hard otherwise.

Top Online Sportsbooks for Teasers

A teaser is designed to be just that, a tease. This type of bet offers the player the chance to effectively buy points, in exchange for pairing at least two bets together. Both bets must win (as in a parlay), however, if one bet pushes in a teaser, usually the entire bet is declared a push. This means that it is possible to bet a four team teaser, lose the first three games, and still have a shot (albiet small) of getting your original stake back, if the last leg lands exactly on the number you originally bet.

Many first time bettors view teasers as easy money, and it’s easy to see why. After all, how often do games come in right on the spread, or darn close to it? A teaser is basically a bet that two (or more) teams will come within a touchdown of covering the spread. What’s not to love, right?

A standard teaser offers seven points on football spreads, and five points on totals. The odds vary but are usually no better than -120 for a two team teaser. Many books offer five, six, or even seven+ team teasers, and many places also offer teasers that allow 10+ points to be added to your team. These bets seem like sure things, but as we all know, there is no such thing as a lock in sports. We have all seen crazy upsets and huge blowouts, as well as last second, “backdoor cover” situations. Unfortunately (or fortunately, depending on who you’ve got), these same events play out when a teaser bet is made.

Example of a standard teaser: A teaser involves at least two teams (or totals), and it adds points to each team (or total). Normally 7 points for sides, and 5 points for totals. So if the game you’re interested in teasing offers odds of Buffalo -4, with a total of 44, you could place a teaser bet that would give you the combination of Buffalo +3 (-4, and then add the 7 points) and over 39 (44, subtracting 5 points to make the over more likely to hit). If both of these hit, you are a winner. If not, you lose. You could also tease the underdog up to +11, or the under up to 49. You can also combine multiple games, so you could tease Buffalo to +3 and then pick another team from a separate game and add points
to their spread as well.

Different Types Of Teasers

There are many different sports betting sites operating today. Likewise, there are many different types of teaser bets offered online.

The most basic teasers are two team teasers that offer seven points on sides and five on totals. This means you can either add seven points to the underdog, or subtract seven from the favorite, or you can either add or subtract five points from the total to help increase your chances of a win.

However, there are of course three team teasers, there are teasers that offer more or less points, there are teasers that count pushes as a loss, and many, many more. An article dealing with every type of teaser would read more like a novel, and new options pop up from time to time amongst the more aggressive books. A quick glance as your favorite site’s rules or a click on the “teaser” section of the site will help clear up exactly which options your site offers. On this site we cover another popular form of teaser betting known as Sweetheart teasers.

Teaser Meaning Betting Against

One type of teaser that some bettors enjoy is known as a “jake.” This bet is where both teams in the same game are teased. So, if the Steelers are favored by 7 over the Eagles, and you think the Steelers will win a close, hard fought game, you may choose to jake the game. You would place your teaser bet and select both the Steelers and the Eagles. Now, if the Steelers win by less than 14, your bet would win. Otherwise it will lose. This gives you some extra cushion in case, for example, the game is decided in overtime, or is very tight. This bet generally is not a great one, simply because the chances are too high that one team or the other forgets to show up, or one team simply clobbers another. A jake on a game with a 14 point spread will not win if the game is decided by 35 points.

Example of a jake: Any combination of two teams in the same game, bet as a teaser.

Basic Strategy Teasers

A good (and profitable) spot to bet teasers is what is known as a basic strategy teaser. This occurs when you tease a team’s spread through both the “3” and the “7.” So for example, Buffalo is playing at Miami and Miami is +2. Also, Minnesota is playing at Chicago and Chicago is -9. This would call for a basic strategy teaser, where we would play Miami +9/Chicago -2. The reason this bet is generally profitable is because both 3 and 7 are key numbers in the NFL, as a high percentage of games land on those numbers. If you can bring the spread up or down to capture both of those key numbers, your chances are greatly increased at booking a win. A lot of books are aware of this strategy and try to limit it by dealing teaser lines that do not allow this bet, but some places still offer it. Check with your favorite site to see what kind of lines they offer on their teasers.

Example of a basic strategy teaser: Any game that, when teased, causes the favorite’s spread to cross through the “3” and the “7” or the underdog to also cross through the “3” and the “7” as well. These teasers can include any combination of favorites with a spread of -9.5, -9, -8.5, -8, or -7.5 and any underdogs with a spread of +.5, +1, +1.5, +2, and +2.5.

Use Discretion With Teasers

If you’re interested in a big payday, parlays are probably a better bet for you. However, if you’re looking for more of a “sure thing” then teasers may be correct.

My basic advice is to really look for underdogs in the +.5 to +2.5 range and favorites in the -9.5 to -7.5 range (for 7 point teasers) to spot opportunities for basic strategy teasers.

As with parlays, generally speaking, the more teams you add to your teaser, the worse odds you will face. The chances of two teams covering are obviously better than three teams, or four, or so on. Also, the more points you use in your teaser, the more expensive (worse odds) the bet. So it is best to search for sports books that offer basic, two or three team teasers with good odds and try to find some lines that will pass through both the 3 (field goal) and the 7 (touchdown+extra point).

Teaser Meaning Betting Meaning

Of course, line shopping is critical here, as it is with any bet. Searching for an extra half point is crucial and must be done if you are to bet with any level of seriousness.

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Teaser Betting Odds

Teaser Meaning Betting Odds