Parlay betting and teasers in sports betting are somewhat similar in that all legs within each bet have to cover in order for it to be graded a winner. Two, three and even four-team teasers have become increasingly popular for casual bettors as they can have the luxury of a much better points spread in one fell swoop.
Recreational bettors are normally more inclined to betting teasers than seasoned bettors, but the idea of getting more points on an underdog team or laying less on a favorite has an allure that is hard to resist.