The player pays for those points in the form of much lower wins than a parlay bet.
Where the teaser differs from the parlay is that the point spread is moved a specified number of points (usually 6 to 7 points) in the player's favor on all picks. IntroductionĪ teaser is similar to a parlay bet in that the player ties multiple wagers together and the cumulative bet wins only if the wagers all win together. I recommend you visit my page on Teaser Bets in the NFL instead.
This page is rather dated and limited in scope.