Sports Betting Tips: What Are Teaser Bets?

A Teaser Bet is a modified form of a parlay bet, meant to reduce risk to the player by offering the opportunity to bet on point spreads and/or game point totals. The spreads or totals are adjusted, or “teased” to give the player a better chance of winning, but at reduced odds. Teasers are usually only offered on football and basketball.

Teaser bets may seem a little complicated at first, but the best thing to do is break them down into individual smaller bets, and then look at it as one whole bet, like a parlay. For example, let’s suppose the Ravens are playing the 49ers. The teaser bet allows the player to wager on the spread and/or point total, so we’ll first use the point spread for our matchup:

First Step – The point spread, here the player chooses the Ravens to win at +11 points, so this means the Red Skins must beat the Raiders, or at the very least not lose the game by more than eleven points.

Onto step two – The Total, this is where the player choose the game’s total points (which is the final combo of points scored by both teams) to be at forty or less.

So for this wager to win, the Ravens have to win the game, or just not lose by more than eleven points, PLUS the total scored in the match must be forty or less. Thus far, this is sounding and looking just like a parly, however now is when we add the teaser part in which increased the bettor’s chance of winning, but usually means a lower payout.

Third – The teaser points are the 7, 8, or 9 point “teaser” on the wager. You choose an 8 point teaser, this means that eight points are added onto the point spread (from step one) this brings you to a 10 point spread, then 8 points are added to the total score (from step two) this gives you a 48 point total (or less.)

As you can see with these sports betting tips, it’s best to think of teasers in pieces, and base your wagering decisions on each part of the bet. Remember, however, that adding points to the spread and point total will give you a better chance of winning, but you’ll also get a smaller payout. Thus, a Teaser Bet turns a parlay bet into a bet with flexibility and better odds for the player.

You will want to bet a teaser if you are looking for a less risky bet than a parlay. As I said, teaser points allow for slightly more freedom when it comes to risk, but this advantage also means that you will get paid less money. Sometimes, teaser wagers are the best choice because you may still end up as the winner, even if you would have lost this one if you had put a regular parlay wager on the game.

Many sportsbooks will offer you teaser bets. Just be sure to look through the options with a keen eye, and take a look at the exotic or rare bets section in the event that teasers are not listed in the typical schedule. Teaser bets are a great way to let yoru bets have some give, and margin of error so that you are much more likely to win. Also, you will not be facing the far odds of a parly wager, which for some people makes teaser bets a much better choice.

Rich Allen is an expert in Sports Betting Tips and has worked for Las Vegas and Atlantic City books. His Sports Betting Professor Systems have sold over 250,000 units and cover all major sports including horse racing. Download a FREE copy of The Sports Betting Insider’s Guide at: http://richallensports.com/sports-betting-tips