What is a Teaser Bet? Guide for beginners

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What is a Teaser Bet

A teaser bet is a type of parlay bet that allows you to tilt the point spread or total in your favor for a lower payout. Specific teaser betting instructions and explanations for beginners will be detailed below.

What is a Teaser Bet?

A teaser bet is a type of sports wager where the bettor can adjust the point spread or total in their favor for multiple selections. Unlike traditional bets, a teaser allows you to shift the odds in your favor by combining two or more bets into a single wager.

In a teaser bet, the point spreads or totals for the selections are adjusted in your favor, but in return, the potential payout is reduced. Teasers are popular for football and basketball, where the final scores are often close.

This strategic betting approach appeals to those looking to minimize risk and enhance their chances of winning. However, it is important that W88 com experts advise you to understand the specific rules and payout structures related to teaser bets as they can vary between sportsbooks.

By exploring the intricacies of teaser bets, you gain a valuable tool to navigate the dynamic world of sports betting, offering a unique way to engage with the excitement and strategy of the games you follow.

What qualifies for teaser bet formation?

Similar to parlays, at least two or more qualifying selections must be added to your betting slip to place a teaser bet. However, unlike parlays, only the main point spread and the total market on any football and basketball match are eligible to give results.

When placing a teaser bet, the number of points that can be purchased will depend on the sport. For teaser bets in football, you will be able to buy from 3.0 -> 10.0 points and for basketball, from 3.0 -> 8.0 points will be available to buy, depending on the situation availability of replacement strains.

You can even invest teaser bets on soccer and basketball on your bet slip at the same time.

Limitations for teaser bets

The most popular teaser bet is the 6-point teaser, which allows you to add or subtract six points from the spread or total in any way you wish. Some sportsbooks like W88 will offer different point scores for teaser bets, so you may also find 6.5 point and 7 point teaser bets.

Teaser bets are not valid during live matches. If a match goes live after it has been added to your bet slip, you will be instructed to remove all corresponding in-play selections before you can continue. Alternative lines will also not be eligible for teaser betting.

It’s important to note that selections from the same game will not be eligible to be combined into teaser bets, meaning you cannot combine point spreads and totals from the same match in one teaser bet.

Is building a teaser bet difficult?

  • Choose your game: Click any football or basketball game.
  • Add the main point spread or total of the team you want to bet on to your betting slip. Repeat Step 1 to add more choices from eligible games. Remember, you cannot tease out multiple betting options from the same game.
  • Review your choices by navigating to the Teaser tab to review your choices.
  • Using the bet selector, browse the points available for purchase and see how they impact your total odds.
  • Select the number of points you want to buy and see your betslip update in real time!
  • Enter the bet amount in the Bet field and click Place bet and you’re done.
  • Click My Bets to keep track of your progress.

For example, let’s say you think the Nets, Warriors, and Hawks will win the handicap in their respective games, but you want to “strengthen” the odds in your favor a bit to ensure a win. In this case, you want to make a teaser bet.

Click on each upcoming match and add each team’s main point spread to your bet slip.

Open Betslip and click on the Teaser tab to review your selections.

Suppose you want to reduce the number of points each team needs to cover the spread, say 4.0 points. Use the points selector to purchase 4.0 points. Once selected, you can see how this affects the spread and odds for your 3 picks right in your betslip.

Enter the bet amount and click Bet and you’re done.

Conclusion

In most cases, teaser bets will not be a good option for the bettor. Similar to parlays, combining multiple bets into one bet that all have to win only increases the chances of the sportsbook making money on you. You are not compensated enough for the risk of including too many selections in a teaser bet.

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