Teaser Betting

Here at MadMarket, we provide guides for several different types of betting, including teaser betting. In this blog, we will state what is a teaser bet, different examples of teaser bets plus how to place a teaser bet using our white-label Probet42.

Get Started

Teaser Bet Guide

The meaning of a teaser bet is a type of parlay or multiple bet where the chances of winning increase in exchange for lower odds, making it more likely for your bet to succeed.

There are a few variations of a teaser bet. One common version allows for two selections, usually on point spreads or totals, where the bettor can adjust the spread or total of each game. This type of bet is most common in American football and basketball, where the spread is adjusted by different amounts — typically four points for basketball and six points for American football.

teaser bet guide

TEASER BET: MEANING, CALCULATION, EXAMPLES

For the bettor to make their bet easier to win, they must choose a second selection to put with their original selection.

When calculating teaser bets, there are three main factors that you need to consider:

  1. The sport you are placing your teaser bet on
  2. The number of points you are getting
  3. The number of games/legs that are on your teaser bet

For example, if you placed a two-team four-point basketball teaser bet, you would have a bet across two games with a team in each game. Let’s say one of your teams is the Los Angeles Lakers, whose spread is -6, and the other is the Golden State Warriors, whose spread is -6. With the four-point teaser applied, their point spreads are lowered to -2. Therefore, the teams only need to clear the lower spread across the two games, rather than the higher spread, making the bet winning likelier but the odds decreasing as a result.

WHAT IS A TEASER BET?

The meaning of a teaser bet is a type of multiple or parlay bet, where bettors can combine point spread selections for games.

The difference between a standard parlay where the selections are combined and a teaser is that the bettor is allowed to change the point spread for the games they are betting on, which can make the bet likely to win.

HOW TO PLACE A TEASER BET AT PROBET42

We can also show you how to place a teaser bet at Probet42. To place a teaser bet on Probet42, first you must check that teaser bets are offered on that particular sport or game, as this particular type of bet does not always apply to all sports.

If you have found an offering of a teaser bet, then you must choose the games and teams that you wish to target in your teaser. The site will automatically work out the odds of your selections when you have chosen them.

If you want to find the best odds on the markets that suit your teaser bet, choose Probet42. It brings together a selection of the most important sports, competitions, and fixtures with competitive odds and a range of markets.

You can also use the Mystic Mac tipster on our Telegram channel to get the latest tips and advice on sports that allow for teaser betting.

TYPES OF TEASER BETS – EXAMPLES

So, how does a teaser bet work? Teaser betting is only offered across a few sports, so there are limited examples.

SThe two main examples of teaser bets are American Football and Basketball. In these sports, there are a different amount of points that you are getting for your bets.

In basketball, the bettor commonly receives four points for their teams, with all selections needing to win for the bet to come in.

In American football, the points spread increases to six points, which is a reason why they are more popular with bettors. The idea around the bet is the same, however the points are different.

PROS AND CONS

Pros

  • Due to the nature of a teaser bet, the bettor is receiving points from the spread in the favour of their bet – making their bet less risky and likelier to win.
  • Because selections are combined, a winning teaser bet will result in greater returns than if each selection is bet as a singular bet, as you are leveraging the risk across your selections, which can result in a bigger win.
  • Teaser betting allows flexibility in the bets placed, as you can gain a greater return if you see a certain game or match ending a certain way.

Cons

  • Teaser bets are only offered in certain sports, so some bettors may not be able to place as many bets as they wish.
  • Teaser betting can affect the profitability of a particular selection unnecessarily.
  • Odds can be lower than your usual point spread or total bets, which can lead to a smaller payout if your bet wins.

CONCLUSION

Teaser betting is a great way of having a fun, recreational bet on certain sports.

Check out Probet42’s sportsbook for competitive pricing and a vast range of markets, including the NFL and NBA.