Spread Gambling Definition Rating: 3,9/5 8095 reviews
A teaser is a sports bet that is similar to placing a parlay bet. Both types of wagers are made by selecting two or more events to occur. Like a traditional parlay, each event selected for a teaser must win in order for the player to win to win the bet.
All multi-event wagers have the potential for larger wins but teasers don’t pay as much as a parlay. The attraction to teasers might be that they appear easier to win.
Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread.Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. Most sporting events have a perceived favorite, so applying a spread to the game is the bookmakers’ way of creating an even playing field. This is most often seen when betting on the NFL. Basic Strategy for Betting Point Spreads. If you place wagers on US sports, then chances are high that you’ve heard of point spreads. Here’s how they work; if a game has Patriots -9.0 and Vikings +9.0, the Patriots are 9.0 point favorites and the Vikings are 9.0 point underdogs.
The main item that separates a teaser from a traditional parlay is that a bettor may alter point spreads and over/under totals between 4 and 10 points depending on the sport and teaser. Changing the point spread and point total make the wagers appear to be easier to win.
Winning multiple bets, no matter the point spread is never easy. However, the adjusted lines should help bettors find a little more confidence in their bets. The payout from the sportsbook for a teaser is lower than a parlay since these are anecdotally easier to win.
How a teaser works
A teaser isn’t too difficult to understand after seeing how the point moving works. The easiest way to comprehend a teaser is to see an example. For simplicity, we’ll use a six-point teaser for football games:
Original wager options:
- New England Patriots +3 (-110) at Kansas City Chiefs
- Los Angeles Rams +3 (even) at New Orleans Saints
A two-team six-point teaser on the underdogs would change the point spreads to the following:
- New England Patriots +9 at Kansas City Chiefs
- Los Angeles Rams +9 at New Orleans Saints
A two-team six-point teaser on the favorites would change the point spreads to the following:
- New England Patriots at Kansas City Chiefs +3
- Los Angeles Rams at New Orleans Saints +3
A $10 parlay with the original point spreads would pay approximately $27.70. A $10 six-point teaser would pay $8.35. The same teaser will pay less if the point spreads or totals are teased by 6.5 or 7 points.
The process for selecting totals on a teaser is similar.
All sportsbooks offer a variety of teaser cards for football season. Football games can be teased by 6, 6.5, or 7 points. Some casinos offer 10 point teasers but only for a total of three sides and/or totals.
Sportsbooks offer teasers for basketball as well. However, they offer fewer basketball teaser cards than football. Basketball games can be teased by 4, 4.5, 5, 5.5, or 6 points.
Placing a teaser in person
A teaser in a land-based casino can be done in two ways. A player simply can tell the ticket writer how much they’d like to wager, how many points they’d like to tease and the point spread and totals that they would like to tease. It’s rare to see a person bet a teaser in person like this.
The in-person process can be confusing and time-consuming. Most teaser bets in land-based casinos are placed using a teaser card. Filling out a card in advance of visiting the sportsbook desk is a quick way to complete the transaction since all of the information is already filled in.
Casinos offer a variety of parlay and teaser cards. Make sure to read the rules and payout before choosing a card.
Betting teaser cards
Casino operators have different computer systems for parlays and teasers so the process might be different at certain casinos. Most teaser cards have fixed point spreads and Over/Under totals. In this case, the information on the card won’t change when a teaser bet is placed.
Some sportsbook operators might use a “live line” even though a teaser card lists a specific line from the morning. This allows the casino to change the point spread or point total based on what the current line is when the teaser is placed.
The ticket writer will ask the player if they’re okay with the changes before finalizing the bet. This process can be intimidating for new bettors when a sportsbook is busy and the lines are long. Bettors don’t have to accept the new lines and shouldn’t be afraid to decline the line changes.
Placing a teaser at an online sportsbook
Placing a teaser at an online sportsbook might be the easiest way to make this kind of wager. A teaser can be made simply by selecting the teams and totals, selecting “teaser,” and choose how many points to tease.
Online teaser cards make the process even more simple. The teaser card will show the adjusted point spreads and totals for each card. The player simply chooses between two and eight sides or totals then selects how much they’d like to wager. Just enter “submit” and confirm the bet. That’s all it takes to bet a teaser online.
Teaser Payouts
Once a bet is placed, the odds paid remain fixed no matter what computer system a sportsbook uses. Teaser payouts are smaller than traditional parlays.
For example, a two-team point spread parlay might pay 2 to 1 odds if both events are winners for the player. Meanwhile, a two-team teaser might pay -110 if both events are winners.
The more points used to tease lines, the less the payout will be. A six-point teaser might return 10-11, while a 6.5-point teaser only returns 10-12, and a seven-point teaser returns 10-13.
Actual pay schedules vary by teaser type and sportsbook. Check the pay schedule before placing a teaser or any other bet.
The phrase equity spread has several meanings in finance. Most commonly, it refers to a strategy used in futuresoptions trading. It can also be used in spread betting, which is a way of wagering on stock price movements, and in real estate in regards to deals that involve trading properties.
Spread Gambling Definition Dictionary
Arguably the most common type of equity spread comes in options trading. This is where investors do not buy and sell a stock itself, but rather the option to buy the stock at a fixed price on a fixed date. If judged correctly, the actual market price of the stock will be higher than the agreed price on this date. This allows the buyer to exercise her option and immediately sell the stock at a profit. Options are considered more valuable to the buyer than futures contracts, which force her to buy the stock at the agreed price on the agreed date, even where doing so is to her detriment.
In this context, an equity spread is a trading strategy. It involves buying multiple options in the same stock, either at differing prices, differing completion dates, or both. The idea is to create a situation where the buyer will make more profit if his predictions are correct, but retain more possibilities of cutting losses by selling on some of the options to another trader if the predictions look to be incorrect.
Another use of the term is an equity spread bet. This is a form of spread betting that involves gambling on a variable figure rather than on a range of fixed outcomes. One common example is betting on the margin by which a team wins in a football game.
The key to spread betting is that the amount paid by the loser of the bet can vary immensely, and he may well lose much more than the money he originally staked. A company taking a spread bet will usually set the starting point differently, depending on whether the gamblers are betting that the measured figure will rise or fall. The difference between the two starting points is the spread, and is somewhat similar to the house advantage in casino games, such as the non-paying '0' in roulette, which throws off the ratio of red to black.
Spread Bets Definition
An equity spread bet involves gambling on the performance of an individual stock. The amount a person wins or loses will depend both on how much he stakes and by how much the stock moves. Unlike a sports bet, an equity spread bet may be open-ended, meaning the bettor can choose when to 'settle up,' and thus wait if he thinks his situation will improve. In most cases though, the other party may be able to insist he pays up when his losses reach a certain point.
Spread Gambling Definition Biology
Equity spread can also refer to equity in the sense of the proportion of a home's mortgage value that has been paid off. When houses are traded, the respective equity levels in the two homes may affect how much one party pays the other as part of the deal, in addition to exchanging the properties. The disparity between the equity levels is the spread.
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