Does BetMGM Have Teasers? Guide to Teasers on BetMGM

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Teaser bets are a popular option for bettors who want to adjust point spreads or totals in their favor while combining multiple games into a single wager. If you’re wondering whether BetMGM offers teasers, the answer is yes. BetMGM provides a range of teaser betting options, particularly for football and basketball. In this guide, we’ll explore how teasers work on BetMGM, how to place them, and how you can use them to your advantage.

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What Is a Teaser Bet?

A teaser bet is similar to a parlay bet, where you bet on multiple games, but with a key difference. In a teaser, you can adjust the point spread or total points in your favor across multiple games. While this adjustment makes it easier to win each leg of the bet, it also results in a lower payout than a standard parlay. The adjusted lines give bettors more control over the risk and reward of their wager.

For example, in a football game with a spread of -7, you can use a 6-point teaser to shift the spread to -1, making it easier for the favorite to cover.

How to Place a Teaser Bet on BetMGM

Placing a teaser bet on BetMGM is simple, and it works similarly to placing any other type of bet. Here’s a step-by-step guide:

1. Log In to Your BetMGM Account

First, log in to your BetMGM account. If you don’t have an account, sign up, complete the verification process, and deposit funds to get started.

2. Choose Your Sport

Teaser bets are available primarily in football and basketball, so select one of these sports from the main menu. Choose the league or event you want to bet on, such as the NFL, NBA, or college football.

3. Select Multiple Games for Your Teaser

To create a teaser bet, you need to select at least two games. Click on the games you want to include in your teaser and add them to your bet slip. You’ll usually see the point spread or total points listed for each game.

4. Adjust the Point Spread or Total Points

Once you’ve selected your games, BetMGM will give you the option to adjust the point spread or total using the teaser feature. For football, you can typically choose to adjust the spread by 6, 6.5, or 7 points. In basketball, the adjustment is usually between 4 and 6 points.

For example:

  • If the original spread is -7, applying a 6-point teaser will change the spread to -1.
  • If the total points line is set at 45, applying the same teaser will adjust the total to 51 or 39, depending on whether you’re betting the over or under.

5. Review the Odds and Potential Payout

As you adjust the point spread or total, BetMGM will automatically update the odds and potential payout for your teaser bet. The larger the point adjustment and the more games you include, the lower the payout will be compared to a standard parlay.

For example:

  • A 2-team teaser with a 6-point adjustment will offer better odds than a 3-team teaser with a 7-point adjustment because the latter bet is easier to win.

6. Place Your Teaser Bet

Once you’ve adjusted the spreads and reviewed the odds, enter the amount you want to wager and click Place Bet. Your teaser bet is now active, and you can track its progress in your betting history.

Example of a Football Teaser on BetMGM

Let’s say you’re betting on two NFL games:

  • Game 1: The Kansas City Chiefs are favored by -7 against the Las Vegas Raiders.
  • Game 2: The Green Bay Packers are +3 against the Minnesota Vikings.

If you apply a 6-point football teaser, the adjusted spreads would look like this:

  • Chiefs -7 becomes Chiefs -1, making it easier for the Chiefs to cover.
  • Packers +3 becomes Packers +9, giving them a larger cushion to cover.

This makes it more likely that both teams will cover their spreads, but the overall payout will be smaller than a standard parlay.

Benefits of Teasers on BetMGM

Using a teaser bet on BetMGM offers several advantages:

  • More Control: Teasers give you the flexibility to adjust spreads or totals in your favor, making it easier to win.
  • Reduced Risk: The adjusted lines reduce the risk compared to standard parlays, where you need to hit the original spread or total.
  • Multiple Sports: BetMGM offers teasers for both football and basketball, allowing you to place these bets across different sports.

Limitations of Teasers

While teasers give you more control, they also come with certain limitations:

  • Lower Payouts: Because you’re adjusting the spreads in your favor, the payout for a teaser is always lower than for a traditional parlay.
  • All Legs Must Win: Just like a parlay, every game you include in your teaser must cover the adjusted spread or total for the bet to win. One loss voids the entire bet.

Teaser Bet Strategies on BetMGM

To make the most of teaser bets on BetMGM, consider these strategies:

  • Focus on Key Numbers: In football, key numbers like 3 and 7 are critical to winning bets. Teasing spreads through these key numbers can increase your chances of success.
  • Stick to Fewer Games: While it might be tempting to add more games to a teaser, each additional game increases the chance of losing. Stick to 2- or 3-team teasers for a better balance between risk and reward.
  • Use Teasers in Both Sports: Take advantage of the flexibility by placing teaser bets in both football and basketball during their respective seasons.

Maximize Your Betting Strategy with Teasers on BetMGM

Teaser bets on BetMGM provide a flexible and exciting way to adjust point spreads and totals in your favor. Whether you’re betting on football or basketball, teasers allow you to reduce risk while still enjoying the potential for a solid payout. By following the steps outlined above, you can confidently place teaser bets and enhance your overall betting strategy on BetMGM.

Access our full library of BetMGM help articles for more information or read our detailed BetMGM review. You can also jump straight to our list of the best sportsbook promotions for your state.

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Griffin Ulsh
Griffin Ulsh, a Journalism and Communications graduate from the University of Oregon, is the Customer Experience (CX) Manager at BettingHero.com. With a year at BH, Griffin transitioned from recruiting and sales in the book printing industry to customer experience with Betting Hero. He loves following college football and the NBA and enjoys digging into stats and insights for all sports to find stories to tell.