How to Bet Teasers

A teaser bet is one where you can manipulate the spread and it is also much like a parlay bet, as you have to bet at least 2 games. Also, like a parlay bet you have to win all the games in the bet for the wager to be a winning one. Usually, you can only make teaser bets when you bet on the sports of football and basketball. Unlike a parlay bet in a teaser you can move the point spread of the games in the bet, as you can move them up and down. This means that you can make the underdog in the game a favorite and the favorite the underdog.

Let's say you want to take a teaser bet for a couple of NFL games for 6 points. This will mean that you can use the 6 points given by the sportsbook in order to move the spread for the 2 games that you want to wager on. An example of a 2-team teaser bet for 6 points would look something like this: Eagles -9.5 vs. Giants and Colts +2.5 vs. Broncos. Ok, so in this wager you want to bet on the Eagles and the Colts. You take the 6 points given and then change the spreads of both of the games. Now with the 6 points changing the spreads the new spread would look like Eagles -3.5, since you take the 6 points off the original 9-point spread, and Colts +8.5, adding the 6 points to the original +2.5 spread. So, for you to win this bet Philadelphia has to win by at least 4 points and the Colts cannot lose by than 8 points. If both of these things happen you will win the bet.

A teaser bet can be an attractive one since you can move the spread. Unlike a parlay bet, where the more games that you wager the more you win in a teaser the more games you pick the more points you get. However, it is hard to pick one game much less multiple ones, which is why the payouts are so attractive the more games that you wager on.