A teaser is another type of wager available to bet on sports. A Teaser is not a straight bet, but is more similar to a parlay, but comes with much different odds and odds of winning. Often under-utilized, the teaser can be a valued weapon in a bettor’s arsenal if they know how to use them correctly. These types of wagers allow for multiple selections or “legs” to make up one all-encompassing bet, but give the bettor a little more freedom with some help on the betting lines. Keep reading more below as we will explain further in-depth and help you understand how betting odds work when it comes to making a teaser bet
What Is A Teaser Bet
A teaser is akin to a parlay placed on a number of games, but the difference is that points are adjusted in order to help you. As you put together your selections onto your betting slip, instead of needing the lines as they are to hit, they will move a handful of points to make it more attainable. Of course, with this adjustment, the odds to win increase but that also means that you would not win the same amount that could be expected if you left it as a normal parlay. Like a parlay though, all of your selections must be correct and any one “leg” that was incorrectly chosen will result in a losing teaser wager.
2 days ago With sports betting becoming more popular by the day, Super Bowl 55 is in line to be the event with the largest volume of wagering in history. It should be noted that sports betting is not legal. Jan 15, 2021 Sports betting is a rapidly growing industry in the United States, particularly after a 2018 ruling by the Supreme Court that opened the door to legalized operations on a state-by-state basis.
Why Bet On Teasers
Teasers can be advantageous to bettors that are fond of using parlays, but are not comfortable with the particular spreads or totals that have been set within a desired game.
A teaser allows the line to be shifted for these parlay-type wagers so that the percentage of winning them goes up in theory. As such, it makes them easier to win, unlike the opposite of a teaser, which is a pleaser. A pleaser takes points away making it more difficult to win the line by increasing the spread. But then the payout is much higher. For more information on pleasers, please visit the preceding link.
Example Of How A Teasers Work
Say you want to take an NFL teaser on two games. The Green Bay Packers are favored by (-6) over the Detroit Lions, and the New England Patriots are (-3) favorites over the Baltimore Ravens. Those are the established betting lines for the two matchups by oddsmakers and you could take them just as they are (which is a parlay). But if you decide you want to take a teaser – let's use a six-point teaser as an example – the betting line is adjusted in your favor depending on which side of the betting line you want to bet.
So, say you like Green Bay and New England in this example. With a teaser, the betting lines will move so that the Patriots are now 3-point underdogs to Baltimore, and the Packers are now a pick'em against Detroit. Since the lines have moved, the payout is going to be less than leaving it as a parlay, but your odds of winning go up as it becomes much easier.
Other Types Of Teasers - Sweetheart Teasers
Another type of teaser bet that not all gamblers know about is the sweetheart teaser. Sweetheart teasers are a special type of teaser bet that rewards players who understand point spreads better than the average gambler. Available at some sportsbooks, especially those that cater to the US market, so-called sweetheart teasers exist that give the gambler even more points to play around with (anywhere from 10 or 13) but there is a catch. Sweetheart teasers require that you pick at least four to six teams. Pushes on sweetheart teasers make your entire bet a losing proposition.
Bovada Sportsbook - Best Sports Betting Site For Teaser Bets
Teaser bets are always fun and Bovada knows that which is why most players sign up for Bovada accounts. Getting a chance to place a teaser bet on Bovada is one of the huge plusses that players check out. This is where all the guys go and make money on bets that are favored for them. The line moves and looks much better for players with an account with Bovada. The teaser bets are put together by the player and it is customized by them. This is plenty of reason to get an account with Bovada
SportsBetting's Sportsbook - Tons Of Teaser Options With Adjustable Lines
SportsBetting has more than enough betting odds and options for players. The teaser options are here as well and this may be one of the more exciting betting options for players to pick and use. These teaser bets are more made by the players so this is where the player really feel confident in the bet they make on these teams as the lines can be moved. Moving points will happen with teaser bets and this is what intrigues SportsBetting account holders.
BetOnline Sportsbook - Best Sportsbook Bonuses And Promotions For Teaser Bets
A lot of games that are played are on BetOnline sportsbook. The age requirement for players to sign up is 18 and older. All it takes is for a player to be that age and they can have an account and place these teaser bets that are offered. These teaser bets are here for players to choose and it is for any sport and for all fans. There will always be bonuses as well so this means that they will be more money and free plays offerd to players. The teaser bets are at the top of the list for all players. Being able to see the points move in your favor is a massive bonus and that could happen on BetOnline.
MyBookie Sportsbook - Teaser Bets Here On MyBookie
It is ok to know that more money will be in your account if you take a few teaser bets on MyBookie. There are plenty of betting options but here on MyBookie, there is nothing wrong with players taking teasers bets. In fact, taking teaser bets could be as profitable as any other betting option like live betting on mobile betting. The moving of points is one thing that sticks out and usually, this is why players like to place teaser bets. This is just one way that players get win a lot of money on MyBookie.
Sportsbook | USA? | |
$1,000 Max - 50% Bonus | All 50 States | Go To BetOnline |
$250 Max - 50% Match | 46 States | Go To Bovada |
$1,000 Max - 50% Bonus | All 50 States | Go To Sportsbetting |
100% to $500 | All 50 States | Go To BetDSI |
Action: Having a wager on a game.
ATS ('against the [point] spread'): If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the 'spread.'
Backdoor cover: When a team scores points at the end of a game to cover the spread unexpectedly.
Bad beat: Losing a bet you should have won. It's especially used when the betting result is decided late in the game to change the side that covers the spread. Also used in poker, such as when a player way ahead in the expected win percentage loses on the river (last card).
Beard: Someone who places a wager for another person (aka 'runner').
Book: Short for sportsbook or bookmaker; person or establishment that takes bets from customers.
Bookie: A person who accepts bets illegally and charges vig.
Buying points: Some bookies or sportsbooks will allow customers to alter the set line and then adjust odds. For example, a bettor might decide he wants to have his team as a 3-point underdog instead of the set line of 2.5. He has then 'bought' half a point, and the odds of his bet will be changed.
Chalk: The favorite in the game. People said to be 'chalk' bettors typically bet the favorite.
Circle game: A game for which the betting limits are lowered, usually because of injuries and/or weather.
Closing line: The final line before the game or event begins.
Consensus pick: Derived from data accumulated from a variety of sportsbooks in PickCenter. The pick, and its percentage, provides insight as to what side the public is taking in a game.
Cover: The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread.
Dime: Jargon for a $1,000 bet. If you bet 'three dimes,' that means a $3,000 wager.
'Dog: Short for underdog.
Dollar: Jargon for a $100 bet. Usually used with bookies; if you bet 'five dollars,' that means a $500 wager.
Edge: An advantage. Sports bettors might feel they have an edge on a book if they think its lines aren't accurate.
Even money: Odds that are considered 50-50. You put up $1 to win $1.
Exotic: Any wager other than a straight bet or parlay; can also be called a 'prop' or 'proposition wager.'
Favorite: The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2.5-point favorite, it will have to win by three points or more to be an ATS winner.
Fixed: A participant in a particular game who alters the result of that game or match to a completely or partially predetermined result. The participant did not play honestly or fairly because of an undue outside influence.
Futures bet: A long-term wager that typically relates to a team's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season.
Halftime bet: A bet made after the first half ended and before the second half begins (football and basketball primarily). The oddsmaker generally starts with half of the game side/total and adjusts based on what happened in the first half.
Handicapper: A person trying to predict the winners of an event.
Handle: The amount of money taken by a book on an event or the total amount of money wagered.
Hedging: Betting the opposing side of your original bet, to either ensure some profit or minimize potential loss. This is typically done with futures bets, but can also be done on individual games with halftime bets or in-game wagering.
High roller: A high-stakes gambler.
Hook: A half-point. If a team is a 7.5-point favorite, it is said to be 'laying seven and a hook.'
In-game wagering: A service offered by books in which bettors can place multiple bets in real time, as the game is occurring.
Juice: The commission the bookie or bookmaker takes. Standard is 10 percent. Also called the 'vig/vigorish.'
Layoff: Money bet by a sportsbook with another sportsbook or bookmaker to reduce that book's liability.
Limit: The maximum bet taken by a book. If a book has a $10,000 limit, it'll take that bet but the book will then decide whether it's going to adjust the line before the bettor can bet again.
Lock: A guaranteed win in the eyes of the person who made the wager.
Middle: When a line moves, a bettor can try to 'middle' a wager and win both sides with minimal risk. Suppose a bettor bets one team as a 2.5-point favorite, then the line moves to 3.5 points. She can then bet the opposite team at 3.5 and hope the favorite wins by three points. She would then win both sides of the bet.
Money line (noun), money-line (modifier): A bet in which your team only needs to win. The point spread is replaced by odds.
Mush: A bettor or gambler who is considered to be bad luck.
Nickel: Jargon for a $500 bet. Usually used with bookies; if you bet 'a nickel,' that means a $500 wager.
Oddsmaker (also linemaker): The person who sets the odds. Some people use it synonymous with 'bookmaker' and often the same person will perform the role at a given book, but it can be separate if the oddsmaker is just setting the lines for the people who will eventually book the bets.
Off the board: When a book or bookie has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating.
Over/under: A term that can be used to describe the total combined points in a game (the Ravens-Steelers over/under is 40 points) or the number of games a team will win in a season (the Broncos' over/under win total is 11.5). Also used in prop bets.
Parlay: A wager in which multiple teams are bet, either against the spread or on the money line. For the wager to win (or pay out), all of them must cover/win. The more teams you bet, the greater the odds.
Pick 'em: A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner.
Point spread (or just 'spread'): The number of points by which the supposed better team is favored over the underdog.
Proposition (or prop) bet: A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a 'game within a game.' These are especially popular on major events, with the Super Bowl being the ultimate prop betting event.
Push: When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points. Return on investment (ROI): In PickCenter, ROI is the amount (according to numberFire) that a bettor should expect to get back on a spread pick.
Runner: Someone who makes bets for another person (aka 'beard').
Sharp: A professional, sophisticated sports bettor.
Spread: Short for point spread.
Square: A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager.
Steam: When a line is moving unusually fast. It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.
Straight up: The expected outright winner of the money line in an event or game, not contingent on the point spread.
Teaser: Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager.
Total: The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet 'over' or 'under' on that perceived total.
Tout (service): a person (or group of people) who either sells or gives away picks on games or events.
Underdog: The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount (ATS), or get better than even-money odds that it will win the game outright. For example, if a team is a 2-1 underdog, you can bet $100 that the team will win. If it wins, you win $200 plus receive your original $100 wager back.
Vig/vigorish: The commission the bookie or bookmaker takes; also called the 'juice.' Standard is 10 percent.
Wager: A bet.
Welch: To not pay off a losing bet.
Wiseguy: A professional bettor. Another term for a 'sharp.'