Glossary / Markets & bet types / Teaser
A ParlayAPI glossary entry

Teaser

A teaser is a multi-leg parlay in which every leg's spread or total is shifted in the bettor's favor by a fixed amount - commonly 6 points in football - in exchange for a much smaller payout per leg. Every leg must still win.

In practice

The classic profitable pattern (the “Wong teaser”) uses 6-point NFL teasers on legs that cross both key numbers 3 and 7: teasing -7.5 down to -1.5, or +1.5 up to +7.5. Because NFL margins cluster on 3 and 7, those 6 points capture a disproportionate share of outcomes. Teaser legs that don't cross key numbers are generally poor value - the fixed payout reduction outruns the win-probability gain.

Where it shows up in ParlayAPI

Evaluating a teaser leg is an alt-line problem: the teased number is just an alternate spread, so compare the book's implied teaser pricing against the alt-ladder prices for the same number from the catalog at /v1/meta/markets.

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