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What is a Teaser & How to Bet Them

 

Teaser bets are a popular wager in a number of sports.

To be successful at teasers, it helps to understand what they are first.

Seeing a couple of examples helps and then understanding some basic strategy in how to bet teasers can have you adding to your bankroll in no time.

Teaser Definition

A teaser is a type of sports bet that allows the bettor to adjust the point spread on multiple bets. A teaser is a type of parlay bet, which is a series of two or more bets that are wagered as a single bet. 

In order to win a teaser bet (or a parlay), all legs of the wager must win. If one leg fails to win, the entire teaser bet is a loss.

Teaser Examples

Teasers are offered in a number of different ways, but the most popular are NFL two-team, six-point teasers. An example of one is below.

            Baltimore @ Pittsburgh (+1)

            Green Bay (-7) @ Detroit

Here, we have Pittsburgh as a one-point underdog and Green Bay as a seven-point favorite. We can adjust the spread in our favor if we combine the two in a two-team, six-point teaser.

We might like Pittsburgh so we add six and now make the spread Pittsburgh +7. We also like Green Bay, but to play it safe we add six and take the Packers -1. Instead of having to win by more than a touchdown, Green Bay can win by two or more and that leg of the bet is a winner.

Again, for this teaser bet to win, Pittsburgh must win or lose by six points or less and Green Bay must win by two or more points.

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Other Teasers

Teasers are not limited to just football and they are not limited to just point spreads. Bettors can put together two NBA games and tease the spread. A teaser can also consist of one spread bet and one bet on a game total. Typically, a bettor will wager on the spread and total of the same game.

Take the following example.

            Brooklyn (-7.5) vs. Boston      O/U 219

You like the Nets to win, but aren’t big on them winning by eight. You can tease that down to -1.5 and then also bet on the Over and adjust the point spread down to 213. If both legs of the bet win, you’ve got a winning ticket.

Teaser Strategy

The reason why NFL teasers are so popular at America’s Bookie is because of the common scoring margins. The difference between the best team in the league and the worst is not as much as say college football where there is plenty of disparity between the best and worst teams.

Let’s look at NFL football scores. NFL games tend to end in final scores that produce a scoring margin of 1 through 7. Knowing this, bettors can plan accordingly when making teaser bets. The idea is to find short underdogs - +2 to +8 - and bet them up and bet favorites in the -7 to -3 range down. 

The most common margins of victory in NFL games are 3, 6, and 7. Bettors can then take a short favorite  at +2 and tease it up to +8. Now, that team can lose by 3, 6, or 7 (or just win outright) and you’ve got a winner. 

Likewise, you can tease a favorite of -7.5 down to -1.5 and that favorite now only needs to win by two or more points. Remember, most games are won by 3, 6, or 7 points. 

One other key strategy that many bettors follow is to never tease a bet across zero. The reason is that with the changes to overtime the majority of NFL games do not end in a tie. Teasing from say -3 to +3 means a bettor needs a game to end in a margin of victory of 0, 1, or 2 points. Games rarely end in a tie and 1, 2 are not among the most common margins.





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