What is Teaser Bet? Teaser Bet Explained.

Last Updated on October 23, 2023

A Teaser Bet is a type of parlay wager in sports betting where a bettor can adjust the point spreads or totals for multiple games, but requires all picks in the teaser to win for the bet to be a winner. Typically, teasers are used in sports like football and basketball. The adjusted point spreads come at a cost, as they reduce the payout compared to a regular parlay.


How does a Teaser Bet differ from a traditional Parlay?

While both teasers and parlays involve making multiple selections in a single bet, the key difference is the ability to adjust the point spread or total in a teaser. This gives the bettor more favorable odds for each selection, but in exchange, the potential payout is reduced compared to a standard parlay.

Are there limits to the number of games I can include in a Teaser Bet?

The number of games you can include in a teaser varies by sportsbook, but commonly, bettors can include anywhere from two to up to 15 or more games. However, remember that all selections must win for the bet to pay out.

What happens if one of my games in a Teaser Bet pushes (results in a tie after adjusting the spread)?

Teaser rules can differ between sportsbooks, but typically, if a game in a teaser pushes, that game is removed from the wager, and the teaser will reduce by one game. For instance, a 4-team teaser with one push becomes a 3-team teaser.

Can I tease both point spreads and totals in the same Teaser Bet?

Yes, many sportsbooks allow bettors to mix point spreads and totals within the same teaser. However, the specific rules and combinations might vary based on where you’re placing the bet.

Why would someone choose a Teaser Bet over a regular Parlay?

Teasers offer more flexibility by allowing adjustments to point spreads or totals, which can make certain wagers more appealing. While the potential payout is reduced, the adjusted lines can offer a perceived edge, making it easier for each individual selection to win.

Author of This Article:

Rahul Bhatia

Rahul Bhatia

Rahul Bhatia

Rahul Bhatia

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