One of the more common forms of sports betting is the teaser bet, which can be played with both basketball and football at the college and pro levels. Somewhat similar to the parlay bet, the teaser consists of putting together a string of two or more teams to all come through, with every one of those selections needing to win in order for the wager to be considered a winner. However, the one major difference with the teaser in comparison with the parlay is that the bettor has the ability to move the spread in whichever direction he chooses, in order to benefit from additional points.
An example of a teaser bet would be if the New England Patriots were favored to beat the Denver Broncos by 12.5 points on NFL Sunday according to the pay head bookies. The teaser wager would allow the player to move the point spread in one direction or the other, and in this case, we will consider the game to be teased by 10 points. In this situation, the Patriots could be teased to lower the spread to – 2.5, which would mean that if New England wins by a field goal, they cover. At the same time, if the teaser is applied to the Broncos, then it would become – 22.5, which means that as long as Denver stayed within 22.5 points they would cover. Different types of teasers can lead to different numbers altering the spread, and the bigger the number, the lower the potential payout becomes, as the player is naturally making the selected wager more likely to cover. Teaser bets increase the chances of winning, and while the profit may not be as big right away, it would definitely pay off in the long run.
