What is a teaser bet?

What is a Teaser Bet?

A teaser bet is a type of sports bet that allows the bettor to adjust the point spread or total of a game in exchange for reduced odds. Teaser bets are popular among bettors who are looking to increase their chances of winning a bet.

How Does a Teaser Bet Work?

In football, a teaser bet allows the bettor to adjust the point spread by 6, 6.5, or 7 points in their favor. In basketball, a teaser bet allows the bettor to adjust the point spread by 4, 4.5, or 5 points in their favor. The reduced odds of a teaser bet are what make it attractive to bettors. For example, if a bettor were to make a standard point spread bet on a football game with odds of -110, they would have to risk $110 to win $100. However, if they were to make a 6-point teaser bet on the same game, they would only have to risk $110 to win $80.

What is the Trade-Off of a Teaser Bet?

The reduced odds of a teaser bet come with a trade-off. In order to adjust the point spread or total in their favor, the bettor must select at least two games. This means that the bettor must win both games in order to win the bet. If the bettor were to select three games, they would have to win all three games in order to win the bet.

Conclusion

Teaser bets can be a great way to increase your chances of winning a bet. However, it is important to remember that the reduced odds of a teaser bet come with a trade-off. The bettor must select at least two games and must win all of the games in order to win the bet. It is also important to remember that the point spread or total of the games can only be adjusted by a certain amount. For example, in football, the point spread can only be adjusted by 6, 6.5, or 7 points.