Teaser Betting Guide: Basics & Strategies
How would you feel if you could adjust the lines in your favour for an easy win? It would feel amazing, right? Teaser betting provides the bettors with this privilege only. Yes, you heard it right! It is now possible to win the bets by moving them in your favour. Teasers are a form of parlay bet which allows the buy or move the point spreads or totals in their favour. However, all the legs must be won to win a teaser.
Delve into the intricacies of teaser sports betting with our detailed guide and learn the strategies to master teaser betting.
Delve into the intricacies of teaser sports betting with our detailed guide and learn the strategies to master teaser betting.
What is a Teaser Bet?
A teaser bet is similar to a parlay bet; however, it comes with a catch. It is a combination of multiple bets in a single wager where the bettors can adjust the point spreads or totals in their favour to win the bet.
- Points are bought to adjust the spreads in the bettor’s favour to win each leg easily.
- It comes with a lower payout, as it is based on the points wagered by the bettor on the winning bet.
- If a bet ends in a tie or is sent to “push”, the game is removed from the wager, and the payout is given based on the remaining games.
How Does a Teaser Bet Work?
Here’s how a teaser bet works:
- A bettor selects at least two games to bet on.
- For each game, a bettor can tease the “point spread” or “total” (usually the most common ones are 6, 6.5, 7 in football and 4 or more in basketball).
- It requires the bettors to win all the legs to win a teaser payout; even losing one leg may lead to losing the entire bet.
- As the points are bought or teased to adjust the bet in the bettor’s favour, the payout is smaller than the regular one.
Pros and Cons of Teaser Bet
Just like any other sports bet, a teaser bet also comes with certain benefits and downsides. Let’s take a look at them to know better:
Pros of Teaser Bet
Highly Flexible
Teasers provide bettors the chance to easily move the point spreads or totals in their favour, offering a flexible choice to them.
Enhanced Profitability
Bettors are allowed to access bets with a guaranteed or higher chance of winning, boosting the profitability of their wager.
Bigger Payouts
A teaser bet requires the bettor to win each leg, as it is a combination of multiple bets, leading the bettors to win bigger payouts than the regular ones.
Cons of Teaser Bet
Lesser Payouts
As the bet is teased, it leads to a smaller payout too because the favour is exchanged at the stake of the total payout received at the end of the bet.
Complex
Teaser bets sometimes become more difficult to understand than regular bets for beginners or inexperienced bettors.
Hidden Vigs
Teasers come with hidden vig, which is applied on each bet by the sportsbook, so their profits are not moved or lowered.
6 Steps to Place Teasers
Here is a detailed teaser sports betting guide – it’s a straightforward bet. So let’s delve into the step-by-step process of learning how to bet on a teaser.
Sign up or Create your Account
Choose your preferred sportsbook and create a new account to get started.
Add Funds to Your Account
Deposit sufficient funds into your account using the available methods, such as digital wallet, banking cards, cryptocurrency, etc.
Select the Sports You Wish to Wager On
Go to the sports section and navigate through the games available. Choose your referee game and include two games to bet on. The most common teaser bet games include football and basketball.
Adjust the Lines (Spreads or Totals)
After selecting the games, decide whether you want to adjust the point spread or total in your favour and tease the bet as per your wish.
Add to Bet Slip
After selecting the game, review the odds and choose your stake carefully. After selecting the game and adjusting the bets, add the selections to your bet slip successfully.
Choose your Bet Amount and Confirm the Wager
Enter your preferred amount to stake and review everything beforehand. Once done, confirm your bet and wait for the results. You can track your bet to know your progress.
Read Blogs From Other Categories
Teaser Betting Strategy and Tips
Here is each teaser betting strategy that can help bettors to increase their chances of winning the teasers successfully:
Research the Trends
- Study and research thoroughly the games you want to wager on.
- Learn about the teams and players in detail.
- Consider all the past records.
- Keep track of the player’s performance, injuries, as well as other relevant factors.
Consider targeting Low Scoring Sports
- Low-scoring sports usually have fewer points.
- Teasing an underdog is considered to be more valuable.
- When the total is high, the payout is bigger.
Keep a Constant Check on the Lines Movement
- Stay updated on the original and moving lines when placing a teaser.
- Place your bet when the line movement is most favourable.
Don't Over-adjust the Lines
- Do not adjust the lines relentlessly to increase the odds.
- Adjusting the lines or overextending them will lead to lower payouts.
- Balance your payout and winning chances in a way that does not lower the reasonable payout.
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Frequently Asked Questions (FAQs)
The payout is calculated using the number of point spreads or totals teased by a bettor, the number of teams included as well as the sportsbook pricing(after including the vig/juice).
Teasers cover both over/under and point spreads:
Football- NFL
- College Football
- NBA
- College Basketball
Two-team teasers, six-point teasers, reverse teasers, 7-point teasers, and super teasers are some of the popular types of sports betting teasers.
Here’s what happens when the teaser ties or pushes:
Three or more Teams Teaser- The pushed leg is removed from the teaser bet, and the payout is given based on the remaining teams.
- The teaser is considered a tie/push, and the original wager placed is refunded.
- The entire bet is lost, and your stake is refunded.
- Chasing the lines impulsively
- Reacting to public opinion and moving according to their perceptions
- Not sticking to your strategy and preset bankroll