All the leading online sportsbooks offer teaser bets, but they have different teaser payouts. This guide explains what teasers are, how they work, when to use them and how to maximize the opportunity they provide. You will learn the pros and cons of betting teasers, what happens in a push and the most common football teasers and basketball teasers. Contents: What is a teaser bet? You've got mail.
Check your inbox! What Is A Teaser Bet? A teaser bet involves rolling multiple selections into a single wager. Each selection must prove correct for your bet to pay off. If one selection lets you down, the entire bet crashes and burns. In that regard, a teaser bet is similar to a parlay. However, teaser betting is safer than parlay betting because you move each line in your favor. You essentially get extra points on your side of the bet, which drastically improves your chances of success.
For example, if you like the Tampa Bay Buccaneers to cover the official The catch is that your potential profit on a teaser is smaller than on a parlay. Yet it is still possible to earn large teaser payouts from a relatively small stake, which is why teasers are so popular. Normally, you can adjust six points for a football game and four points for a basketball game. In exchange for making your bet easier to win, you must pick at least two teams to bet on. This increases the chances of the bet failing by at least one leg.
And like a parlay bet, you must win all of the legs in a teaser to see any return. The sportsbook might also raise the odds for teaser bets, diminishing your payout even if you do win. In , the Supreme Court gave U.
It is still fully illegal in 17 states, including California, Massachusetts, and Texas. In four other states, there is some form of pending legislation. Example of a Teaser Bet Here are the spreads for two football games and how they can be adjusted as part of a teaser bet: Jets vs. This is covered under your new 8. This is a good example of why a teaser bet is easier to win than a standard two-team parlay, because neither the Jets nor the Patriots covered the original point spread, but both would have covered in a teaser.
Though the six-point, two-team football teaser is most common, you can make teaser bets from almost any combination of bets, and pay to change the spreads on them. A teaser is really just a parlay with adjusted prices, so you can do almost anything. That includes: A six-team, 6-point teaser A two-team, point football teaser A four-team, 4-point basketball teaser And so on.
You can even include over-under bets as part of your teaser, or any other statistic that you can make a standard bet on. Teaser bets can be composed of almost any combination of smaller bets, just like a parlay bet. The more individual wagers you include in your teaser, the higher the payout but the more difficult the bet is to win. Calculating Teaser Bets The price you will get for a teaser bet will depend on the sportsbook you use.

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