Teaser Bets Sports Betting: Teaser Bets and Payouts By Loot, Sports Handicapper, Lootmeister.com Teasers are bets where you pick multiple teams. All of them must cover the spread for you to win, but with teasers, you get to move that spread in your favor. Teasers can only be placed with sports that involve a point-spread, so we’re talking about basketball and football here. Examples are always useful. Here are some point-spreads as you might see them on the betting board: Los Angeles Lakers -7 San Antonio Spurs -4 New York Knicks -2.5 Let’s say you were to make a 3-team teaser using these 3 teams.