Adding seven points to those spreads to make the teaser bet moves the odds down to +120. Thanks to Bovada, you can choose how many points to buy for the teaser bet 6, 6.5 or 7.Ī parlay bet with those three spreads would come out to +628 (Bet $100 to win $628). But it comes with a price.ĭepending on the sport, you get a different amount of points added to your spread or total, but we’ll get more into the specifics of teaser betting basketball compared to football later.Ī basic one we put together took the Tamba Bay Buccaneers at Washington Football team -10, Baltimore Ravens (-7.5) at the Miami Dolphins and the Pittsburgh Steelers (-7) vs. It also makes the total in your advantage for a teaser bet, whether it be knocking some points off to make the over more attainable or adding points to a total to take the under. Don’t miss out on our page explaining Underdog Betting. Teaser Betting ExplainedĪs we said above, with a teaser bet, you’re getting points in your favor, whether it be to make a lower spread for a favorite or higher spread for an underdog. So a 4-leg parlay of untouched spread bets could be a 10/1 payout, a teaser bet with those same games with the number adjusted may pay out closer to 2/1 or 3/1. While the number is in your favor, the price change isn’t. We wish the sportsbooks did this out of the goodness of their hearts, but unfortunately they don’t. Teaser betting is most commonly done with football spreads and totals, as well as basketball spreads and totals.īut the difference with a teaser bet compared to just a regular parlay is that, in teaser betting, you’re getting points in your favor. Just like a parlay bet, a teaser bet requires you to win every game to cash the bet. Essentially, a teaser is a different type of parlay. By now you’re probably wondering exactly what a teaser bet is.

5 team teaser payout