Teaser Bets add Flexibility and Better Odds

Teaser bets are modified parlay bets offered in football and basketball betting. With this bet type, you can bet on point spreads and/or game totals and move the lines up and down in your favor. Adjusting the spreads or totals will give you more of a margin of error and a better chance of winning, but at reduced odds. Like in a parlay bet, you have to incur risk in two or more contests and all of the selected teams must win in order for you to win. One loss in any game means the wager is graded as a loss.

At first, teasers might seem complicated but if you break the bet down into individual smaller bets and then look at it a as a whole bet (like with parlay bets) it seems more simple. Here´s an example: the New England Patriots are playing the Dallas Cowboys. As mentioned before, with a teaser bet you can wager on the spread and/or point total. This is the point spread we´ll use for this example:

The Patriots are a 3.5 point home favorite over Dallas, and the total is 43.

 
1- The Spread:
The Patriots are the chosen side of the wager. In a straight play, the Patriots must win by four or more points in order for the wager to be graded as a winner. If they win by 3 or less or Dallas wins outright, then the wager is a loss.

2- The Total:
The UNDER is the chosen side of the wager. In a straight play, the total number of points scored by both teams must equal less than 43 for the wager to be graded as a winner. If 44 or more points are scored, then the wager is a loss. If 43 points exactly are scored, then the bet is graded as a ‘push’, and monies are refunded.

3- Teaser Points
As you know, the major difference between teaser bets and parlays is that the player can move the point spread in any direction. This increases the odds of winning but also means a decreased payout.

4- Types of Teaser Bets
There are two types of teaser bets:

* Regular Teasers: In a regular teaser bet, the player is offered 6, 6.5 and 7 points in football games and 4, 4.5 points and 5 points in basketball games.

* Special Teasers: In a special teaser bet (or sweetheart teaser) the player is offered 10 and 13 points for football and 7 and 10 points for basketball.

Top sportsbooks for Teasers : Jazz Sports -  Just Bet - Bet Us - Bet 33
 
Going back into our example, let´s suppose you select a 7 point teaser, which means that 7 additional points are added to the spread on the sides of the bettor’s choosing. The bet would then be Patriots +3.5 instead of -3.5 teased to the UNDER 50 instead of 43.
 
The previous example shows why it´s best to divide each teaser bet in two parts and base your wager on each part. Note that although adding points to the spread and point total will give you a better chance of winning, you´ll eventually get a smaller payout. The two sides of the game must also both hit. Basically, teaser bets are flexible parlay bets with better odds for the player.
 
But, when should the bettor choose to make a teaser bet? Teaser bets are good substitutes for regular parlay bets when the bettor wants to make a safer bet. With the teaser points, there is more risk tolerance, but the payout is also less. There are cases in which teaser bets are better - because with the 6, 6.5 or 7 points, there are situations where those points help the bettor win in situations where he or she would have lost otherwise.
 
Teaser bets are offered by most all sportsbooks. The bettor has to search all the betting options and in some cases go to the “Exotic Bet” section, in case the sportsbook doesn´t list teasers in their regular betting options. Teaser bets add flexibility and margin of error to the wagers and since the bettor will not be facing the long odds of a parlay, he will have a better chance of winning.
 
When should you choose a parlay bet instead of a teaser bet? Don’t bet a teaser if you feel confident about the result of a game regarding the point spread and point total. Instead, you should place a parlay bet because it will pay out better. It’s easier to win a teaser bet than a parlay bet, but if you win a parlay bet you will make more money. Remember that you need to choose your teams carefully and read the wagering guide of your sportsbook before placing any bet. Try finding a sportsbook that has the most generous teaser payouts before placing those types of bets.

The Bookie would also like to stress the importance for  bettors to have several sportsbooks to bet into. It is the single most important thing that a player can do to improve his odds to win. The Bookies TOP ONLINE SPORTSBOOKS