Teaser (gambling)

A teaser (or a "two-team teaser") is a type of gambling bet that allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.

A teaser is a type of wager used in sports betting most commonly in basketball and football. This wager is a multi-team wager, allowing the bettor to choose a minimum of two teams up to, in some cases, 15 teams. The bettor will get points on his favor to add or subtract to the teams chosen to improve the point spread chosen.

There are two types of teasers known. The first kind, known as a "Super Teaser", "Special Teaser", "Big Teaser", "Monster Teaser", allows the bettor to choose 3, 4 and in some cases 5 teams, and gives a larger number of points to add or subtract to the spread of the selections chosen. In return the bettor will receive less money than the one risked in the bet.

The second type of teaser, known as a "Vegas Teaser", or simply a "Teaser", is more of a combination between a parlay and the first teaser explained. In this case the bettor will receive a fewer amount of points to adjust the spread of the selections chosen, but the more teams chosen in the wager (from 2 to 15 in some cases), the higher the payout will be.

External links

* [http://sportsgambling.about.com/od/advancedtheory/a/teasers.htm Definition from About.com]