What Is Teaser Bet And How Does It Work In Sports Betting?

Price: £

Colours Available:

This is a popular technique employed in new legal US sports betting markets as promotional offers are available. Exotic wagers aren’t point spread, moneyline, or futures bets on a certain event. This kind of wager is often listed as a prop bet in a sportsbook. A money line bet is a bet on a specific team to win a contest without a point spread to cover.

Circa Sports

Normally, if these bets are played together as a parlay, a bettor will win $260 on a $100 bet. However, with a teaser, the bettor will win $100 on a $110 bet, 10 to 11 odds. The reasoning is that one will get 6 points to adjust the spread . True Odds – True odds are the actual odds of an event happening.

Sports Betting Sites

If you must bet Best Us Online Horse Race Betting Sites & Top Bonus Offers teaser cards, the best overall odds can be found on the Caesars 6.5-point card. If you must bet teasers, then the best method is known as the Wong teaser. This is an off the board teaser off certain spreads that cross the 3- and 7-point margins of victory. Two sports books offer 9.5-point teasers, the Treasure Island and Westgate. As you can see, the Treasure Island offers consistently better odds. While Wong teasers have always referred to buying six points, it is possible to do them with a 6.5 point teaser.

Bottom Line: Are Teasers Sensible Wagers?

Middle/Middling – Middling a sports bet is playing different sides of the same game. This gives a bettor multiple chances to win wagers on the same informative post game. Exposure – The amount of money a sportsbook potentially could lose for a specific event. For example, sportsbooks might have a lot of exposure on one team winning a championship versus another.

At its core, a teaser is a parlay in which you’re buying a lot of points on every spread . Teasers are common in football and basketball, and can be used on both point spreads and over/unders. For example, let’s say a sportsbook is offering basketball teaser odds of Portland -3.0 against Memphis +3.0. If you decide to use this game in a 5-point teaser, you can have either the Trail Blazers at +2 or the Grizzlies at +8. If Portland loses by one or wins by seven or less, everyone who teased this game wins this leg.

Were going to skip ahead on the next couple examples and get to the end result to show the true odds on doing multiple game teasers. Use our Teaser Calculator to determine the outcome of any particular teaser combination. Our Teaser Calculator allows you to select up to 12 teams in a teaser bet. Now, it is important to remember that you need two or more straight bets to validate a teaser.

Horse Betting

When placing a basketball teaser you will be primarily choosing between 4, 4.5, and 5 points. However, the odds will remain the same when picking three basketball teams by giving you the same +165 odds as we discussed in football teasers. A lot of the times it would be rather difficult to find 2 or 3 basketball games that give you a distinct advantage as we described above.


It is imperative to keep this in mind when you are managing your bankroll. Being able to buy multiple points for each game surely looks like eye candy, but more often than not your being dealt a sucker play. Winning a couple teasers can give you false confidence before the hammer of reality strikes. It only makes sense we start with the most basic example first. So we will want to analyze how to effectively play a two team six point teaser. As previously mentioned you will want to make sure you only select teams with the odds of -110 or better.

It’s imperative to shop around this week and find the right numbers to bet into. A straight up bet means you just need the team to win the game outright as opposed to covering a point spread. In sports betting it can happen when the favorite wins by exactly the spread.