Understanding Teaser Bets and How it Works

Nowadays, you can practically bet on anything that you fancy, and you can do it in multiple ways. With all the basketball and football betting tools available now, betting became a lot easier and more accessible than ever before. There is also a great variety of types of bets, among which is the teaser. Seasoned bettors are likely familiar with this type of betting, but for those new to this, here’s what you need to know about teaser bets and what these unique and exotic sports wagers entail.

What is a Teaser Bet?

A teaser is a wager that involves multiple games (two or more), and you must be correct in all of the games in order to cash your ticket and win the bet. It’s basically a variation of a parlay bet. 

The main difference between parlay bets and teaser bets is that punters are allowed to move the line or the point spread in their favour so as to increase their winning chances. By moving the point spread in your favour, you’ll be forced to place your bet at lower odds than what you specified initially, but that is a risk most bettors are willing to take.

How Does a Teaser Work?

Teaser bets work very similarly to parlays considering that all selections need to win in order to qualify for returns. At the same time, the bookies determine which matches will be combined to create a teaser bet. 

Teaser bets are designed to be just that, a tease. This type of bet offers the player the chance to effectively buy points in exchange for pairing at least two bets together. Both bets must win; however, if one bet pushes in a teaser, the entire bet has usually declared a push. This means that it is possible to bet a four-team teaser, lose the first three games, and still have a shot of getting what you originally wagered back. The catch is, the last leg needs to land exactly on the number you originally bet.

Things to Remember

Teasers are often limited to certain sports like football and basketball because it’s slightly different moving the score one or two runs in baseball or one or two goals in soccer. You should also remember that many sportsbooks don’t accept teasers, so that’s something to figure out before compiling your bets. 

As with parlays, generally speaking, the more teams you add to your teaser, the worse odds you will face. The chances of two teams covering are obviously better than three teams, or four, or so on. The more games added to the teaser, the greater the chances one of those games will produce results outside of the standard lines as well as the teased lines. If you’re interested in a big payday, parlays are probably a better bet for you. However, if you’re looking for something that can give you better odds, then teasers might just be your thing.

Conclusion

A teaser bet is a multiple bet where we extend the handicap of every selection. It’s basically just a variation of the parlay bet with just a few minor differences. Teaser bets are always a riskier wager due to tying multiple results together. If you’re the type of person who likes to take risks, then a teaser bet might just be suitable for you.

DataVision Sport is your home for English football predictions and data. Take advantage of our intuitive dashboards to help you place your bets on your favourite Premier League picks. Get the best betting tips and strategies only from DataVision Sport.

Leave a comment

Please note, comments must be approved before they are published