A $100 teaser in the above 3-team/5-point teaser would pay out $150 in winnings. With teasers, all teams need to beat the adjusted spread for you to win. The point-spreads would be moved 5 points in your favor with each team you selected. The more popular teasers in basketball are of the 4, 4.5, and 5-point variety. Let’s say you were to make a 3-team teaser using these 3 teams. Here are some point-spreads as you might see them on the betting board: Teasers can only be placed with sports that involve a point-spread, so we’re talking about basketball and football here.
All of them must cover the spread for you to win, but with teasers, you get to move that spread in your favor. Teasers are bets where you pick multiple teams.