One such intriguing option that has gained popularity over the years is the “teaser bet.” At its core, a teaser bet offers a blend of the excitement found in parlays with a twist that allows bettors more control over the odds. Not available for Casino bets.In the world of sports betting, bettors are always on the lookout for strategies and bet types that can increase their chances of winning. Reward Credits returned to Caesars Rewards account in full for voided/pushed bets. Bet cannot be settled before normal market settlement via Cash Out feature. No Tier/Reward Credit earning on bets using Reward Credits. Cannot apply a Profit Boost or a Bonus Bet or use on Round Robin or Teaser wagers. Cannot combine cash from wallet with Reward Credits on a single bet. Reward Credits will not be returned to Caesars Rewards account. **If bet using Reward Credits wins, the stake will be returned to your wallet as cash. If you place a subsequent $5 straight wager with odds of -300, you will then earn 1 additional credit, resulting in 6 Reward Credits and 6 Tier Credits for the $60 you wagered in total.

As an example, if you place a $55 straight wager with -300 odds, you will receive 5 Reward Credits and 5 Tier Credits for that wager. Fractional credits are tracked but are not earned until subsequent wagering earns an additional whole credit. Wagers with shorter odds will have lower earning rates. *Maximum Reward Credit and Tier Credit earning rate is for straight bets with -300 odds (or longer) and parlay bets with +200 odds (or longer). Tier Credits earned from hotel room/resort fees, Caesars Sportsbook, Caesars Sportsbook & Casino, Caesars Sportsbook Nevada, a promotion or multiplier do not count towards earning a Tier Credit bonus. One Tier Credit bonus level awarded per promotional day and does not count toward Reward Credit balance, promotional Tier Credit earnings, or qualifying for another bonus. Check with a Caesars Rewards Center for details. †Tier Credits earned are based on a single promotional day's activity. Tier Credits earned from Caesars Sportsbook, Caesars Sportsbook & Casino, a promotion or multiplier do not count towards earning a Tier Credit bonus. Tier Credits earned at a Caesars Rewards Local destination may not be added to other Tier Credits earned within a single promotional day’s activity for the purposes of determining the Tier Credit bonus level awarded. † Tier Credits earned are based on a single promotional day's activity.

Teaser payout calculator