What is a teaser bet in sports betting?

Teaser bets are basically special parlay bets. Many sports books offer teaser bets and they are very popular amongst online sports bettors. Let's assume that you are a fan of betting on basketball. A sportsbook might offer an 7 point teaser bet on a Chicago Bulls vs Detroit Pistons game. Let's say the spread for the game is Chi -4, Det +4. Since a teaser bet is a form of a parlay bet you will have to combine it with another type of bet. We will use an over/under bet in this example.

The O/U is currently 180 points. This is where the '7 point teaser" comes in. The sportsbook will allow you to change the spread and the OU bet by 7 points. Let's assume that you want to bet on the Pistons. They are currently receiving 4 points in this game. You can add on 7 points making it Det +11. You will also get to increase the OU from 180 to 187, making an under wager the way to go. So you are greatly increasing your odds of winning but there is a catch. You will have to win both bets in order to win.

So now you know what a sportsbook teaser bet is. Here is a recap of the types of bets I covered above:

Parlay - A bet on two of more outcomes. To win a parlay bet you must correctly pick each outcome. Parlay bets tend to offer huge payouts because of this.

Over/Under - An O/U bet is a bet on the total combined score of a game. You can bet that the combined score will be lower or higher.

Teaser - A special parlay bet that allows you to change the lines by a set amount. To win the teaser bet you must correctly pick each of the outcomes. Teaser bets can include betting on more than one team, betting on the spread and the over/under or some other combinations. These parlay bets give you a huge advantage because you get to change the lines to favor your team but having to pick everything correctly somewhat reduces this advantage.

The best sportsbooks for teaser bets

Some of the smaller sportsbooks tend to offer low value teaser bets. They simply cannot afford to compete with the big sportsbooks. There are three online bookmakers that offer high value teasers. Two of these bookmakers accept US citizens.

Bodog - Bodog is easily the best sportsbook for teaser bets. They are extremely creative with their teaser bets and they always pack them with a lot of value. Bodog accepts US bettors and they also manage a nice sized poker room and casino. All new sports bettors that sign up at Bodog using the link below will receive a 10% cash credit on their first deposit. If you deposit $1,000 you will receive $1,100! Bodog is one of the most trusted and oldest sportsbooks online.

BetOnline - Betonline is another great sportsbook for teaser betting. The teasers at Betonline always offer great odds. This sportsbook has won many awards and is currently the fastest paying US bookmaker. They are also the easiest sports book for bettors from the U.S.A to deposit at. Players that use our link will receive a 25% bonus on their first deposit.

Bet 365 - Bet365 does not accept US bettors but they are the top bookmaker in the United kingdom and most of Europe. They offer a wide range of teaser bets on basketball, football, soccer and many other sports. They are one of the largest online gambling companies in the world so they can afford to take care of their customers. Our special bonus at the Bet365 sports book is a 100% bonus up to $200.

 

My Best Sports Betting Tip:

It is always important to remember that the lines offered by an online bookmaker do not reflect the expected outcome. The handicapper creates the lines with the sole purpose of getting an even number of bets on each outcome. The bookie makes their money from the vig, or juice. The vig is the small fee charged on each bet. With this in mind you will need to find the spreads and lines that do not seem accurate. If a point spread doesn't seem to make sense that means the bookie likely made a mistake and that you should place a wager.

The Best NBA Sports Book?

In my honest opinion Bodog is the best sports book on the Internet for NBA basketball betting. The reason why I think that6 they are the best basketball sports book is because they offer great lines and they accept wagers on just about everything. They also offer in-play betting, a real time betting platform that enables you to bet while the game is being played.

Not too many sports books even come close to offering such a wide range of NBA basketball bets.

Best NFL Sports Book?

One bookmaker stands out when it comes to betting on the NFL. BetOnline is home to the best NFL football lines and prop bets online. You will receive more points and the payouts will usually be higher when you bet on the NFL at BetOnline.

NFL betting at BetOnline can be done using their regular platform or their in-play platform that allows you to bet in real time.

 
 

© SportsbookTeasers.com
A guide to the best sports book teaser bets online in 2011.