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US Gambling Sites / Betting Guide / Teaser Betting Calculator: What Does Teaser Mean in Betting?

Teaser Betting Calculator: What Does Teaser Mean in Betting?

Publish Date: 30/05/2021
Fact checked by: Drew the DFS Guy

The teaser is a common betting tool designed to make parlay bets even more appealing. These bet modifications can make a parlay bet easier to win to an extent, and they can be used in a number of different ways.

Players interested in these wagers should familiarize themselves with the terms of the deal because they lower the payout potential of a wager. Teasers are a powerful way to win more frequently but are only worth the cost in some instances. It’s also important to know other wagering options to see if they have a better payout potential.

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Pros and Cons of Teasers

Teasers: Pros & Cons
  • Combines multiple bets into one
  • Increase winning chances
  • The entire stake will not be lost
  • More money to be won compared to regular bets
  • Only available in a few betting markets
  • Lower odds can lead to less money won
  • The whole bet is lost when one part fails

Betfair Horse Racing Key Facts

  • Teasers are parlay bet enhancements
  • They improve the odds of winning
  • They reduce the total prize payout

There are so many different types of wagers for new gamblers to come to terms with, and the teaser betting strategy is just one of the other types of wagers to be aware of. Gamblers that aren’t sure about their chances of securing a win with a traditional parlay bet, can improve their odds using a teaser. A teaser is a powerful betting tool that should be thought of as an add-on rather than a wager of its own. When used properly a teaser makes winning more likely, which is why many gamblers rely on teasers in order to improve their chances. Get familiar with teaser betting and try making use of it for more frequent positive outcomes.

What is a Teaser Bet: Understanding this Advanced Wager Option

A teaser bet is a type of bet where you can change the points or scores to make it more likely to win. You can move the line by a certain number of points, like 6, 6.5, or 7 points. This helps you feel more confident in your bet.

Teaser sports betting is modifying parlay bets to make them easier to win. A teaser is simply an adjustment of the terms of the wager and it can be applied to most parlay bets easily. Teasers are powerful little adjustments, but they come at a price, and the price is lost winnings.

It is worth much less than the standard bet it’s based on, which is also another consideration that gamblers will have to keep in mind before placing the special wager. Only gamblers willing to accept a smaller win to enjoy better odds should consider a teaser. Players that want the best returns will always be better off without this tool.

If you are wondering, what is teaser betting? It’s just a bet modification that improves the chances of winning, even if the winnings are much lower.

How Does it Work?

When you make a teaser bet, you need to choose at least two teams. You can move the line to make it easier for your teams to win. But if one of your teams loses, your whole bet loses.

Example

Let's say you're betting on two football games:

Game 1: New York Giants (+3.5) vs. Dallas Cowboys

Game 2: Los Angeles Rams (-2.5) vs. Seattle Seahawks

With a 6-point teaser, you can change the lines like this:

Game 1: New York Giants (+9.5) vs. Dallas Cowboys

Game 2: Los Angeles Rams (+4.5) vs. Seattle Seahawks

Now, for your bet to win, the Giants need to win or lose by less than 10 points, and the Rams need to win, tie, or lose by less than 5 points.

A teaser bet is called a teaser because you're "teasing" the lines to make them better for your bet. It's like getting a sneak peek at the possible outcomes and adjusting the lines to give yourself a better chance of winning.

How are Teasers Different than Standard Parlays?

Here's a handy table that breaks down the differences between parlay betting and teaser betting. If you're into sports betting, you might already be familiar with parlays, where you bet on multiple teams with various conditions. Teaser bets take it a step further by tweaking those conditions to make the bets easier to win. Check out this table we've provided to see how you can potentially improve your betting game.

AspectParlay BettingTeaser Betting
DefinitionA wager on different teams with multiple conditionsModification of parlay bets to make them easier to win
ComponentsMultiple teams and conditionsModified point spread and point total components
ExamplePoint spread bet with a point total componentEnhanced point spread bet with improved conditions
BenefitsPotentially higher payoutEasier to unlock, improved spread, increased point total
Strategy LevelBasic to advancedAdvanced
Usage FrequencyRegular use by bettorsUsed by serious bettors as part of monthly wagering
PurposeTo combine multiple bets for higher rewardsTo improve chances of winning by easing bet conditions

Why Would You Use a Teaser Bet?

A teaser bet lowers your potential payout amount, which makes it seem like a bad thing, but a teaser bet also makes it easier to win a prize payout. The ties when it makes sense to use a teaser is when wagers don’t seem likely to come true in their current condition. If it’s unlikely that the included et conditions aren’t going to work out, it can make sense in some circumstances to add a teaser to make things a bit more likely. In some instances a teaser simply doesn’t improve the odds enough to justify using it, but in other situations a teaser is a powerful tool that can make all the difference.

Minimizing Risk Using a Teaser Bet

Parlay bets are risky and many gamblers skip over them for that reason. Them being risky doesn’t mean that they should never be placed though. There are some times when parlay conditions are more likely to come true than others. Even if the bet still seems a bit far-fetched, it’s possible to improve the chances using the teaser betting strategy. With a teaser bet players can transform mediocre wagers into more likely positive results with a slight adjustment in the terms. A teaser bet is easier to win, but will come with a reduced prize payout as well. Gamblers looking for the biggest impressive outcomes won’t like these wagers, but players looking for more controlled impressive outcomes and more frequent prize payouts will enjoy teasers more.

Deciding Between Teasers and a Straight Bet

There are many times when it makes more sense to go with a straight wager rather than a parlay bet with a teaser. Teasers are well-known for lowering the total prize payout of a wager position. When they lower the potential prize payout by too far it often becomes more effective to just go with a traditional wager instead. A standard money line bet usually pays out far less than a parlay bet does because it’s far more likely to hit, but a parlay with a teaser might not be worth enough of a prize premium to be worth using in place of a standard money line wager.

Gamblers need to consider all the different wagering options with care before choosing the one that they want to go with. In those instances when a standard wager isn’t worth much less than a multi-bet parlay bet with a teaser, the standard wager is likely the way to go. They’re easier to win than teasers are, and will result in more frequent positive outcomes still. Carefully compare the odds, look at the probabilities and then decide whether a teaser is the way to go or not.

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Making Use of Teasers: Adding a Teaser to a Standard Bet

If you’re looking at a current parlay bet and you don’t like the odds of it, it might make sense to look into teaser sports betting instead. While the conditions of the wager will remain similar, you have a chance to improve them using a teaser. If you want to make the wager easier to win, simply add on a teaser to the bet to give you more room to work with. For instance, if you are wagering on a point spread wager, and you currently need the point spread to be at least 200 points, you could lower that requirement down to 195 or even 190 points using a teaser making the wager easier for you to win.

The only caveat with teasers is that you will sacrifice the prize payout from the wager with these special wagers. Instead of the standard prize payout, the teaser will reward far less money. This is the reason that many bettors skip over teasers, even though they can be beneficial in some circumstances. For a way to make more money off your bets, we advise that you adopt an advanced prop bet strategy instead.

Teasers are powerful tools, but should be used with care. Sometimes they are worth adding to a wager, other times they should be avoided with care. Taking the time to learn how to best leverage this wagering type can result in improved performance from different sportsbooks, and it gives you more options to work with when you play online as well. Learn about other strategies like hedge betting as well to improve your results even further.

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Learn to Leverage Teasers for More Consistent Achievements

Teaser bets are a powerful tool or winning more consistently, but they must be used with care. The only way to master when to use a teaser and when to avoid one is to get practice in. That’s why we recommend researching the different sports betting options and joining one of the sites. Take the time to look over our comparison chart for different sportsbooks, and choose a site that offers teasers and that offers plenty of different betting options. Do that and you’ll enjoy better wagering results over time, and should eventually get better at making use of teasers as well.

Please remember, though, that frequent positive outcomes may result in tax deductions. Learn all you need to know about this with our helpful "Sports Betting Taxes in US" guide.

Conclusion: Teasers Can Help Reduce Losses

The teaser betting strategy is a powerful tool for winning more consistently, but only when used on wagers that are likely to come true. Since teasers are available most of the time, it’s important to get good at deciding when to use them and when to avoid them. Taking some time to learn this important distinction can result in more frequent positive outcomes and higher profits as well when making use of parlay bets.

Learn more about "What is a pleaser betting strategy?" if you are interested in more modified wagering options that could potentially bring you great achievement.

🧮How are teasers calculated?

The price for a teaser bet is based on three major factors: The sport, the number of points you're getting and the number of games added to your teaser, because you ought to win every leg to cash the bet.

😎How much does a teaser bet pay?

A three-team, six-point teaser is likely to pay out at +180, while a four-team, six-point play may get you +300 odds. With 10-pointers, a two-team effort will definitely pay out -210. A three-teamer may be -110; an eight-teamer may be +465; a 15-teamer may have +2850 odds.

😏Are teasers easy to win?

Yes, teasers are easy to win. A teaser bet is a type of parlay in which bettors can alter the point spread, making it easier to win. 

🙄Why don't you cross 0 on a teaser?

Teaser through 0 creates a loss in value between -2 and +2, as ties are quite rare in the NFL, and non-existent in college football.

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