Parlays and teasers are a great way to mix things up by betting on multiple games and outcomes at one time. Betting on single games is a reliable way to grow your bankroll with some basic sports betting strategy, but these ‘multi bets’ offer huge potential to increase your winnings when you’re supremely confident in more than one pick. A 'teaser bet' is a type of parlay wager. The difference between a teaser and a standard parlay? You are adjusting the lines in a teaser bet to give yourself a better chance of winning, in exchange for a lower potential payout. Teaser bets are especially popular with NBA and NFL betting.Let's take a couple of looks at examples of 'teaser bets'.

Teasers betting is something not all bettors are aware of, yet it is an option that allows you to boost your chances of winning a bet featuring multiple selections (albeit at reduced odds). How do Teaser bets work, what are their payouts and what Teasers betting does Pinnacle offer? Read on to find out.

Teasers betting explained

In Teasers betting, the bettor receives a specified favourable point adjustment for every selection of a multiple selection bet, with the bet then also set at a fixed payout.

Teaser bet example

What Is Difference Between Teaser And Trailer

Here is how a six-point Teaser bet would work on Super Bowl LIV contested between the Kansas City Chiefs and San Francisco 49ers:

As you can see, if somebody wanted to bet on the Handicap for the Kansas City Chiefs, they would move from a +2.5 underdog to a +8.5 (2.5 + 6) underdog, greatly increasing the chance of winning this selection. Equally, the Handicap on the San Francisco 49ers would move from -2.5 favourites to +3.5 (-2.5 + 6) underdogs.

For Over/Under bets, Teaser bets open up two separate markets to assist your bet. In this instance, when the Over/Under was set at 45.5, this would move to Over 39.5 (45.5 - 6) and Under 51.5 (45.5 + 6), essentially boosting your chances of winning by six points either way.

All of this does come with a reduced and fixed payout. If someone was to place a €100 Multiple bet on either team to win on the Handicap in one game and the Over/Under for another game, the payout would likely be around €365 (€265 profit), based on odds of -110 / 1.909 for each selection. However, the same bet with a six-point Teaser would have a lower payout with combined odds of -110 / 1.909, meaning that a €100 bet would only win €190.90 (€90.90 profit).

What Teasers betting does Pinnacle offer?

Pinnacle has betting markets for football teasers and basketball teasers. Teaser bets on Pinnacle can include Handicap and Over/Under markets.

Football Teaser bets

Pinnacle has three primary markets for Teaser betting on football:

• NFL Same Game: Teaser bets of 6, 6.5 and 7 points when all of the selections in the bet are on the same NFL fixture.
• NFL/College 2 - 6 Team: Teaser bets of 6, 6.5 and 7 points involving selections on between two and six NFL and/or NCAA football teams.
• Super Teasers: These are ten-point Teaser bets involving selections on three NFL and/or NCAA teams and 13-point Teaser bets involving selections on four NFL and/or NCAA football teams.

The payouts for football Teaser bets on Pinnacle are as follows:

Pinnacle football Teaser bet payouts

What Is A Teaser Bet Fanduel

Basketball Teaser bets

Pinnacle has two primary markets for Teaser betting on basketball:

• General basketball Teaser bets: Teaser bets of 4, 4.5 and 5 points involving selections on between two and six NBA, WNBA and/or NCAA basketball teams.
• NBA Super Teasers: These are seven-point Teaser bets involving selections on between two and six NBA teams.

The payouts for basketball Teaser bets on Pinnacle are as follows:

Pinnacle basketball Teaser bet payouts

Teasers betting rules: Things to consider

There are several things you need to remember when placing a Teaser bet with Pinnacle. Most frequently, this relates to what happens when a tie occurs in at least one of your selections that form the bet or any are deemed to have no action.

Teaser bet ties

What Is A Sweetheart Teaser Bet

In the instance of a tie, on both football and basketball Teaser bets involving three teams or more, the selection(s) are removed and the payout is adjusted accordingly. For instance, a Teaser bet involving four teams would be reduced to three teams.

For football and basketball Teaser bets involving just two teams, when at least one selection is a tie or deemed to have no action, the entire bet is considered a push and all money is refunded. If any selection of a Super Teaser bet is a tie or deemed to have no action, the entire bet is graded as no action and all money is refunded irrespective of the number of teams involved.

Teaser bet base Handicap adjustments

On certain occasions, the point adjustment for Teaser bets may also be different than what you are expecting if the base Handicap for a Teaser has been moved to a different Handicap. This is because in some situations, Pinnacle has to limit our exposure and thus cannot allow unlimited Teaser bets to be placed at certain prices.

For instance, if for an NFL game the Green Bay Packers and Seattle Seahawks were set at Handicaps of -7.5 and +7.5 respectively (a base Handicap of 7.5), Pinnacle may move the base Handicap to 9.5 to offer six-point Teaser bets.

As a result, the Teaser bet Handicaps set would be Green Bay Packers at -3.5 and Seattle Seahawks at +3.5 as opposed to Green Bay Packers at -1.5 and Seattle Seahawks at +1.5 that you would ordinarily expect.

Teasers betting with Pinnacle

Like the sound of Teasers betting? Head over to Pinnacle’s betting pages for football and basketball Teasers to build your Teaser bets.

Online sportsbooks do their best to provide their account holders with different choices. This extends not only to what sports might be available to wager on, but what types of bets that can be made. The more wager types that an online sportsbook offers, the better chance that they will have in catering to a wider audience. Not only that, different wager types can be fun. One such bet that can be made is what's known as a teaser wager.

The purpose of this page is to educate bettors on what a teaser wager is, what sports it can be used on, how it's applied, and most importantly, what the advantages are that come along with using a teaser wager. In other words, why is placing a teaser something a bettor should consider?

What Is A Teaser?

To understand why or when a bettor would use a teaser wager, it's important to understand exactly what one is. A teaser is a multi-bet wager that allows the bettor to adjust the point spread of those wagers in their favor. A teaser can be linked to as few as two outcomes, or as high as 15 at some sports betting sites. Teasers typically only apply to the sports of football and basketball.

A teaser lets a player move the spread, while at the same time adjusting the payout. It is the exact opposite of a pleaser wager, because the teaser adjusts the spread making the bet easier to win, in theory. But at the same time, the payout can be sacrificed. And just like a parlay, which is another multi-bet sportsbook wager type that can be made, all teaser bets must hit in order for the payout to be had.

Teaser Wager Payouts

The next question on your mind probably relates to the type of payout that can be expected when betting a teaser. This answer varies, because it hinges on the number of teams that are contained within the teaser wager. The more teams associated with the wager, the higher the potential payout will be. In general, teasers come with low payouts because the spread is adjusted in the favor of the bettor. There can be no losers within a teaser for the bet to pay out. If one of the games within the teaser is a push, the bet would still be intact, it would only move to the payout tier below the original number, because that bet would essentially become voided.

How Are Teasers Different From Pleasers + Parlays?

While in general a teaser, pleaser, and parlay are of the same family of wagers because there are multiple outcomes involved, they are quite different. Betting on a teaser and betting on pleasers are polar opposites, protons and electrons. One does one thing, the other does the opposite. A teaser skews the spread in the bettors favor, and pleaser skews it away from the bettor.

The main difference between a parlay and a teaser wager lines within the adjustment of the spread or total. In terms of a parlay, there is no adjustment made on the wager. A bettor either puts their money down on the spread or the moneyline and will get paid accordingly to how much risk was taken. While the process is essentially the same for a teaser, moving the point spread + payouts are where the difference lies.

There are many online sportsbooks that will feature teaser wagers that their account holders can place a wager on. Prior to signing up at a sports betting site that accepts USA players, prospective users will have the chance to check out which sportsbooks will give them the opportunity to make a teaser wager. We have several top quality online sportsbooks below which bettors can place teaser wagers with.

Where Can I Make A Teaser Bet Online?

Many online sportsbooks will allow you to bet on teasers in 2021 - they are, in many ways, one of the staple wagering types of sports betting. Teasers are one of the most common wagering variants - as opposed to the straight bets that make up the majority of sports betting. Basically, if someone is betting something other than the spread, the moneyline or the Over/Under, it’s pretty likely to be a teaser. Teasers are available at most if not all of the major online sportsbooks, but tend to be limited to those sports where the spreads are fairly large so that it is worth teasing. That means that you mostly see teasers in football and basketball, sports that can have large spreads.

What Is A Round Robin Teaser Bet

Why Would I Want To Make A Teaser Bet?

So, let’s say you felt pretty ok about the idea that the Patriots would beat the Dolphins, but you weren’t sure how much they’d win by. Meanwhile, you’re confident that the 49ers will beat the Seahawks but you aren’t sure if they'll do so by enough to cover the spread. You can tease these two games together in order to lower the spread on both of them. If both of the teams were 7.5 point favorites, you might be able to tease that down to 5.5 point favorites, meaning that a touchdown victory in both games will give you the win. That’s the basic idea, but they can get much more complex, especially when you introduce other teams to the teaser. Generally, though, people only end up teasing two outcomes together - it gets quite hard otherwise.

Top Online Sportsbooks for Teasers

What Is A Teaser Bet In Basketball