There’s a range (set by the sportsbook) of points you can work within to add or subtract from those spreads. You may want to tease that parlay to give yourself an edge, even if the odds decrease. But let’s also assume that you don’t expect those spreads to hold. In a normal parlay, those two bets would combine for odds of +267. A teaser bet is an altered parlay that allows bettors to add points to two separate point spreads.įor example, let’s say you want to be on the following twp point spreads: