What is a 'teaser'? | Betting 101

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November 1, 2021
November 1, 2021

A teaser is like a modified parlay AND a spread bet combined, most often played as a two team, six point wager.


The ‘spread’ is the amount of points a team is likely to win or lose by, and a teaser lets you widen that margin to six or more points - BUT only if it's combined with at least one other result

The point spread for 49ers vs Lions and Seahawks vs Colts might look something like this:


  • 49ers -7.5 vs Lions
  • Seahawks +2.5 vs Colts


In a two-team 6-point teaser you can adjust both lines in your favour, giving you a new spread like this:


  • 49ers -1.5 vs Lions
  • Seahawks +8.5 vs Colts


The upside: the relative points spread now gives you a better chance of covering. The downside: both teams will need to win at the adjusted spreads for the teaser to be a winner.


That’s why this bet is a ‘tease’: it looks ‘friendlier, because more can go right, but it’s actually ‘frostier’, because there’s also more that can go wrong.