What is a teaser in sports betting?
A teaser is a type of parlay bet in which you alter the spreads or totals for a better chance of winning.
On the surface, a teaser bet looks like one of the easier bets you can make since you can move the numbers in your favor. However, they are called teasers for a reason.
For example, in a teaser, you can move the spread six points for two different bets in a parlay. If the Giants are a +7 point underdog, they are now at +13. If the Saints are a -3 point favorite, they are now a +3 point underdog. Of course, the payout is less in a teaser because you're moving the points in your favor. If you parlayed those two teams without the extra six points, odds would be closer to +260, but in the teaser, they drop to around -110.
As its name suggests, it's a popular method to add numerous plays in a teaser bet to get those odds back up for a bigger payout. If you have put five teams into a six-point teaser instead of two teams, the odds would jump to about +520.
Teasers are often limited to certain sports like football and basketball because it's a little different moving the score one or two runs in baseball or one or two goals in soccer. Also of note, a lot of sportsbooks don't accept teasers, so that's something to figure out before compiling your bets. That's especially the case in states where sports betting was recently legalized as a lot of places won't immediately allow teasers until they get regulations settled.
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How to do parlays on DraftKings
To do parlays on DraftKings, you need to create a DraftKings Sportsbook account and put the bets you want in your DraftKings parlay into the bet slip.
How to bet on DraftKings
To bet on DraftKings, create a sports betting account, download the DraftKings Sportsbook mobile app, and find the betting outcome you want to bet on.
Where is DraftKings legal?
DraftKings is legal for sports betting via the DraftKings Sportsbook mobile app, website or retail location in close to 20 U.S. states and 44 for DFS.
How to bet on FanDuel
You can bet on FanDuel in many ways. Once you have an account, you are able to bet on props, futures, moneylines, spreads, totals, and much more.
Where is FanDuel Sportsbook legal?
FanDuel Sportsbook is legal in 16 states. These states are AZ, CO, CT, IA, IL, IN, KS, LA, MI, NJ, NY, PA, TN, VA, WV, and WY with more coming soon.
How to do parlays on FanDuel
To bet parlays on FanDuel, you must choose multiple bets within a game OR choose multiple betting markets from other games to create a parlay ticket.
How to bet moneyline on FanDuel
To bet moneylines on FanDuel, choose a game to wager on, and then select the moneyline market. Then, place your bet with your desired wager amount.
Does FanDuel pay real money?
Yes, FanDuel pays out real money. Whether you use the DFS portion of the website, sportsbook, or online casino, you will be paid out in real money.
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