What is a Teaser Bet: A Comprehensive Guide

If you're into sports betting, you might have heard about "teaser bets." A teaser bet is a type of sports wager that allows you to adjust the point spread in your favor by adding points to the underdog or subtracting points from the favorite. This article will provide you with a complete guide to teaser bets, including what they are, how they work, and tips for making successful teasers.

What is a Teaser Bet?

A teaser bet is a type of sports wager that allows you to adjust the point spread in your favor by adding points to the underdog or subtracting points from the favorite. For example, if the original point spread is -7 for the favorite team, a teaser bet can move it to -2.5. On the other hand, if the original point spread is +3 for the underdog, a teaser bet can move it to +8.

How Does a Teaser Bet Work?

A teaser bet is a type of parlay bet. In other words, you need to select at least two games to include in the wager. You can choose to bet on the point spread, the money line, or the total (over/under) of each game. The amount of points you can add or subtract from the original point spread depends on the sportsbook you're using and the type of teaser you're selecting.

For example, if you're using a six-point teaser, you can add six points to the underdog's point spread or subtract six points from the favorite's point spread. If you're using a ten-point teaser, you can add ten points to the underdog's point spread or subtract ten points from the favorite's point spread.

Types of Teaser Bets

There are different types of teaser bets you can make, including LeoVegas:

Standard Teasers

Standard teasers allow you to add or subtract points from the point spread, money line, or total of each game. The most common type of standard teaser is the six-point teaser.

Standard Teasers
DefinitionA type of teaser bet that allows you to add or subtract points from the point spread, money line, or total of each game.
ExampleIf the original point spread is -7 for the favorite team, a six-point teaser bet can move it to -1. If the original point spread is +3 for the underdog, a six-point teaser bet can move it to +9.

Wong Teasers

Wong teasers are named after Stanford Wong, who popularized this type of bet. Wong teasers allow you to move the point spread through key numbers, such as 3 and 7, which are the most common margins of victory in football. This type of teaser can increase your chances of winning by reducing the number of possible outcomes.

Wong Teasers
DefinitionA type of teaser bet that allows you to move the point spread through key numbers, such as 3 and 7, which are the most common margins of victory in football.
ExampleIf the original point spread is -7 for the favorite team, a Wong teaser bet can move it to -2. If the original point spread is +3 for the underdog, a Wong teaser bet can move it to +8.

Special Teasers

Special teasers are offered by some sportsbooks and allow you to adjust the point spread by more than ten points. However, special teasers come with lower payouts and higher odds.

Special Teasers
DefinitionA type of teaser bet that allows you to adjust the point spread by more than ten points.
ExampleIf the original point spread is -7 for the favorite team, a special teaser bet can move it to -17. If the original point spread is +3 for the underdog, a special teaser bet can move it to +13.

Pros and Cons of Teaser Bets

Like any other type of sports wager, teaser bets have their pros and cons. Here are some of the advantages and disadvantages of teaser bets:

Pros

  • Teaser bets allow you to adjust the point spread in your favor, increasing your chances of winning.
  • Teaser bets can be an excellent way to bet on games with large point spreads.
  • Teaser bets can offer higher payouts than straight bets.

Cons

  • Teaser bets require you to select multiple games, which increases the risk of losing.
  • Teaser bets come with lower payouts than straight bets.
  • Teaser bets can be addictive and lead to reckless gambling behavior.

Tips for Making Successful Teasers

If you're planning to make a teaser bet, here are some tips to help you increase your chances of winning:

Do Your Research

Before making a teaser bet, make sure you do your research on the teams you're betting on. Look at their recent performances, injuries, and head-to-head records. Also, check the weather conditions and the home/away records of each team.

Choose the Right Sportsbook

Not all sportsbooks offer the same teaser options or odds. Therefore, you should choose a sportsbook that offers the best teaser options and payouts.

Don't Overdo It

While teaser bets can be a great way to increase your winnings, you should not overdo it. The more games you add to your teaser, the higher the risk of losing. Stick to two or three games per teaser.

Stick to Your Budget

Teaser bets can be addictive and lead to reckless gambling behavior. Therefore, you should set a budget for your teaser bets and stick to it. Don't chase your losses and don't bet more than you can afford to lose.

Chameli Chaudhuri
Chameli Chaudhuriverified

Teaser bets can be an excellent way to increase your winnings and enjoy sports betting. However, like any other type of sports wager, it's essential to do your research before betting. By following the tips in this article, you can increase your chances of making successful teaser bets. Remember to choose the right sportsbook, do your research, and stick to your budget. Happy betting!

Frequently Asked Questions about Teaser Bets

Q: What is a teaser bet?

A: A teaser bet is a type of sports wager that allows you to adjust the point spread in your favor by adding points to the underdog or subtracting points from the favorite.

Q: How does a teaser bet work?

A: A teaser bet is a type of parlay bet. In other words, you need to select at least two games to include in the wager. You can choose to bet on the point spread, the money line, or the total (over/under) of each game.

Q: What types of teaser bets are there?

A: There are different types of teaser bets you can make, including standard teasers, Wong teasers, and special teasers.

Q: What are the pros and cons of teaser bets?

A: Teaser bets have their pros and cons. Some advantages include increasing your chances of winning and offering higher payouts than straight bets. Some disadvantages include requiring you to select multiple games and coming with lower payouts than straight bets.

Q: How can I make successful teaser bets?

A: To make successful teaser bets, you should do your research on the teams you're betting on, choose the right sportsbook, not overdo it, and stick to your budget.

Q: What should I consider when choosing a sportsbook for teaser bets?

A: When choosing a sportsbook for teaser bets, you should consider the teaser options and odds offered by the sportsbook.

Q: How many games should I include in my teaser bet?

A: You should stick to two or three games per teaser to minimize the risk of losing.

Q: How can I avoid reckless gambling behavior when making teaser bets?

A: You can avoid reckless gambling behavior by setting a budget for your teaser bets and not betting more than you can afford to lose.

Q: Can teaser bets be addictive?

A: Yes, teaser bets can be addictive and lead to reckless gambling behavior.

Q: What are some tips for making successful teaser bets?

A: Some tips for making successful teaser bets include doing your research, choosing the right sportsbook, not overdoing it, and sticking to your budget.

Q: How can I increase my chances of making successful teaser bets?

A: You can increase your chances of making successful teaser bets by following the tips in this article, which include doing your research, choosing the right sportsbook, not overdoing it, and sticking to your budget.

Q: Are teaser bets a good way to bet on games with large point spreads?

A: Yes, teaser bets can be an excellent way to bet on games with large point spreads.

Q: What is a Wong teaser?

A: A Wong teaser is a type of teaser bet that allows you to move the point spread through key numbers, such as 3 and 7, which are the most common margins of victory in football.

Q: What is a special teaser?

A: A special teaser is a type of teaser bet that allows you to adjust the point spread by more than ten points.

Q: What are some disadvantages of teaser bets?

A: Some disadvantages of teaser bets include requiring you to select multiple games, coming with lower payouts than straight bets, and being addictive and leading to reckless gambling behavior.

Q: What should I look for when researching the teams I'm betting on?

A: When researching the teams you're betting on, you should look at their recent performances, injuries, and head-to-head records. You should also check the weather conditions and the home/away records of each team.