Gambling 101: What is a Teaser Bet? – Sports Illustrated

Gambling 101: What is a Teaser Bet? – Sports Illustrated

Bookmakers have tempted bettors with teasers for decades. Let’s take a closer look at this exotic betting option.

Sports betting offers a great escape, and players have hundreds of wagering options available. Beyond standard gambling methods, like point spreads, moneylines, and game totals, teasers offer bettors a unique form of betting. As part of the parlay family, teasers allow players to adjust lines on point spreads and game totals to receive better odds.

Teasers are available on football and basketball as the range of odds can be moved up or down by several points. Baseball and hockey typically do not have teaser options as the odds on those sports are set with lower numbers. Bookmakers offer daily teaser cards that allow bettors to place a parlay bet with as many as 15 different selections.

How Do Teasers Change Football Betting Lines?

While they may differ, depending on the sportsbook, football teasers generally involve three key numbers. Those numbers are 6, 6.5, and 7, and bettors can choose to move the favorite line lower or push the underdog odds higher. Here’s an example of how the odds would move on an NFL bet on a 6-point teaser card. In this example, all three favorites are priced above seven points, which is the second most common margin of victory after three points.

Original Football Odds: