- What Is An If Bet Reverse Mortgages
- Action Reverse Sports Betting
- Action Reverse Bet
- Reverse Sweetheart Football
An if bet is a series of wagers where the action continues to the next bet only if a condition is met. These can be if win bets or if win/push. A similar wagering option called reverse bets function as if win, push, no action or cancel. A reverse bet is where you are able to put two or more if bets together. In this, your action is covered both ways, kind of like boxing an exacta. Reverse bets can just be two teams in a bet, or they can also be three teams, or even four teams. You can bet on as many as four teams in the reverse bet. An action reverse bet is two or more if bets that structure multiple individual bets in a causal sequence. In an if bet, if the initial line or wager wins, the next bet in the sequence is automatically placed. If the initial line or wager loses, no additional bets are placed. A reverse bet consists of multiple overlapping if bets. If it doesn't, what happens in the second game is irrelevant. That is a major drawback with 'if' bets, being that listing a team first is sort of an arbitrary choice and forces you to rank your two picks. To avoid this, play a 'reverse,' which we discuss in another article (See Reverse Bets). Here are the different possibilities.
If bets and reverse bets are two of the more complex sports
wagers you can place, but they aren't actually too difficult to
understand once you're familiar with the concept. Although we
consider these to be advanced wagers, we do think it's worth it
for beginners to learn how they work, because they do offer some notable
advantages.
These bets are similar to parlays, in that they involve
making multiple selections, but they are lower risk and can
still offer a return even if you don't get every selection
right. They can be great options if you want to bet on the
result of more than one match without risking too much of your
bankroll.
We've explained more about these wagers below, and provided
some examples of how they work in practice.
How If Bets Work
An if bet is a combination of two or more wagers, where the
result of each wager determines whether or not the subsequent
wagers are actually placed. This actually sounds a little more
complicated than it is. Basically, you make multiple selections
at whatever stake you choose. Your stake is then placed on your
first selection. If your first selection loses, you lose your
stake and the rest of the wager is cancelled.
If your first selection wins you get paid out, but with an
amount equal to your initial stake deducted. This amount is then
placed again on your second selection. If the second selection
wins you get paid out minus the original stake which is
then placed on the third selection. If the second selection
loses, then the rest of the wager is cancelled.
The number of selections you can include in an if bet will
vary from one bookmaker to another, but it's typically between two
and six. The basic principle is always the same regardless of
how many selections you make. If you make two selections, then
the second selection only comes into play if the first selection
wins. If you make three selections, then the third selection
only comes into play if the first two selections win.
The best way to show exactly how if bets work is to use a
simple example using real betting markets.
Example If Bet
In this example we'll use an if bet using two selections,
based on point spread betting in football. Take a look at the
following two betting markets.
What Is An If Bet Reverse Mortgages
-110
-110
Now let's say that you decided to place an if bet on the two
favorites (the Steelers and the Broncos) to cover the spread,
staking $110. You make the Steelers your first selection and the
Broncos your second selection. $110 is deducted from your
account.
In this scenario, there are four possible combinations of
results, as follows.
- Steelers Cover, Broncos Don't
- Both Teams Cover
- Neither Team Covers
- Steelers Don't Cover, Broncos Do
Let's look at what would happen to your wager for each set of
results.
At the point that the Steelers cover, you are due $100 in
winnings. You don't get your initial $110 back though, because that
is rolled over to the Broncos. With the Broncos not covering,
you lose that $110. You still get the $100 return from the
Steelers selection though, so your net loss is just $10.
The Steelers covering gives you $100 in winnings, with your
initial $110 stake rolled over to the Broncos. The Broncos
covering gives you another $100 in winnings, plus your initial
stake back as there are no more selections. You've made a $200
profit.
At the point that the Steelers fail to cover, the rest of the
bet is cancelled. You are out your initial $110 stake. The fact
that the Broncos also fail to cover is irrelevant, because you have
no money riding on it.
Again, the rest of the bet is cancelled when the Steelers
fail to cover. Therefore the Broncos result is irrelevant again.
Even though they've covered, you have no money riding on the
game so you are still out your initial $110.
Order of Selections
The example outlined above not only illustrates how an if bet
works, it also highlights one fundamentally important aspect of
them. The order of your selections can affect the outcome of the
wager. In the last scenario listed above (Broncos covering,
Steelers not), you've lost your entire initial stake even though
one of your selections was a winner. This is because the second
selection didn't come into play.
Had you picked the Broncos as your first selection, you would
have got the $100 winnings from that selection. You would still
have had an overall loss of $10, as you would have lost the $110
being rolled over to the Steelers, but that's significantly
better than losing $110.
Please note that even though the Broncos were playing after
the Steelers, you still could have picked the Broncos as your
first selection. The order in which the matches are played
doesn't matter for the purposes of an if bet, because the final
outcome of the bet is calculated once all relevant matches are
played.
The fact that the order of selections can affect the outcome
of an if bet brings an extra element of luck to these wagers,
which can be avoided by the use of reverse bets.
What Are Reverse Bets?
Reverse bets are if bets that work in all possible
directions. They are essentially a combination of each of the
possible if bets on any given number of selections, and as such
they eliminate the possibility of losing out on returns due to
the order of selections.
In the if bet example we just explained there were two
selections. The first selection was the Steelers, and the second
selection was the Broncos. If the Broncos covered the spread,
but the Steelers failed to do so, we showed that you would have
lost your entire wager.
This could have been avoided by placing a reverse bet instead
of a single if bet. In this instance, a reverse bet would have
basically combined an if bet with the Steelers as the first
selection and an if bet with the Broncos as the first selection.
This would have guaranteed you some money back if at least one
of your selections won.
Please be aware that when you place a reverse bet, your
initial stake is multiplied by the number of if bets it
combines. A reverse bet with two selections, as we've just
shown, is two if bets. One with Team A as the first selection
and Team B as the second selection, and one with Team B as the
first selection and Team A as the second selection. So, if you
placed a $55 reverse bet you would be staking a total of $110 –
$55 on one if bet and $55 on the other.
The following table shows how many if bets are included in a
reverse bet based on the number of selections. Note that the
number of if bets increases exponentially as the selections
increase. It's worth bearing this in mind when placing reverse
bets, because it means your stakes increase exponentially too.
Number of Selections | Number of If Bets |
---|---|
3 | 6 |
4 | 12 |
5 | 20 |
6 | 30 |
If bets and reverse bets can be very useful if used in the
correct way and for the right reasons. They are particularly
attractive as an alternative to parlays if you are willing to
sacrifice some of the potential returns for a lower overall
risk.
Straight Wager | Money Lines | Totals | Parlays | Teasers
IF Wagers & Action Reverse | Futures and Propositions
Half Time Wagers | European Odds | Buy Points
Parlay Payouts listed here | Teaser Payout listed here
Sweetheart Teaser Payout listed here
What is a Straight Wager?
The team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered 'no action' and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time so refreshing your screen will update current odds.
Example:
Player wagers $110.00 on Miami -7 to beat Buffalo +7
If Miami wins by more than 7 points the player wins $100.00 so the total payout including the initial wager would be $210.00. If Miami only wins by 7 points then the game is considered 'no action' and all money is returned to the bettor. If Miami wins by less than 7 points the wagers is lost.
What is a Money Line?
The team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read at the time of your wager is the money line you keep regardless of any line movement.
Example:
The player wagers on Miami -160 at Buffalo +140.
If Miami wins, the player would wager $160.00 to win $100.00. If the player wagered on Buffalo, the player would wager $100.00 to win $140.00.
What is a Total?
The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated.
Example:
The player wagers $220.00 on the 'OVER' in the Miami / Buffalo game. The total for the game is 45.
Example:
The player wagers on Miami -160 at Buffalo +140.
If Miami wins, the player would wager $160.00 to win $100.00. If the player wagered on Buffalo, the player would wager $100.00 to win $140.00.
What is a Total?
The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated.
Example:
The player wagers $220.00 on the 'OVER' in the Miami / Buffalo game. The total for the game is 45.
If both teams' combined score is more than 45, the player wins $200.00. If the combined score is equal to 45, the game is considered 'No Action' and the money is re-deposited to the player's account. If the combined score is less than 45, the wager is lost.
What is a Parlay?
This is a bet of 2 or more teams (selections) in no particular order. All teams wagered on in a parlay must win. If there is a tie or 'No Action' among the selections made, the parlay reverts down to the next lowest number for payoff. In the case of a 2-team parlay, it will revert down to a straight wager.
Example:
The player wants to make a 5 team parlay: Miami -7, New York +3, Seattle -4, Denver -10, San Francisco -8.
If all these games win, the player wins at 20-1 odds. If 4 of the games win and 1 of the games is considered 'No Action', the player wins at 10-1 odds. If 1 of the games loses, the entire parlay loses.
Parlay Payouts
# of Teams | 3 | 5 | 7 | 9 | |
Payout | 13/5 | 10/1 | 40/1 | 150/1 | 700/1 |
What is a Teaser?
A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determine the payout odds. A 'Tie' or 'No Action' and a 'Win' on a two team teaser shall constitute a 'No Action' wager. A 'Tie' or 'No Action' and a 'Loss' on a two team teaser shall constitute a 'Losing' wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket (Example: A tie on a three team becomes a two team teaser).
Action Reverse Sports Betting
Teaser Payouts / Odds for FootballTeaser size: | 6 points: | 6.5 points: | 7 points: |
2-team | -110 | -120 | -130 |
3-team | +160 | +140 | +120 |
4-team | +260 | +225 | +200 |
5-team | +400 | +375 | +325 |
6-team | +600 | +500 | +450 |
7-team | +900 | +800 | +700 |
8-team | +1500 | +1100 | +900 |
9-team | +2000 | +1500 | +1200 |
10-team | +2500 | +2000 | +1500 |
Teaser Payoff / Odds for Basketball
Teaser size: | 4 points: | 4.5 points: | 5 points: |
2-team | +100 | -110 | -120 |
3-team | +180 | +160 | +150 |
4-team | +300 | +250 | +200 |
5-team | +500 | +400 | +350 |
6-team | +700 | +600 | +500 |
7-team | +1000 | +900 | +800 |
8-team | +1500 | +1200 | +1000 |
9-team | +2000 | +1500 | +1200 |
10-team | +2500 | +2000 | +1500 |
Sweetheart Teasers:
A sweetheart teaser combines either three or four football or basketball wagers. The number of points that you adjust the point spreads or totals by depends on the sport and the number of teams in the teaser, as follows:
Teaser size: | Tease by: | Odds: |
3-team | 10 points | -110 |
4-team | 13 points | -120 |
Sweetheart Teaser Payoff / Odds for Basketball
Teaser size: | Tease by: | Odds: |
3-team | 8 points | -110 |
4-team | 10 points | -120 |
NOTE: This type of teaser never reduces. If one of the wagers results in a tie, the whole teaser will be considered a loss. If one of the picks is graded 'No Action' (e.g., a rained-out game) and the rest of the picks are winners, the whole teaser will be graded 'No Action' and will be refunded. Like a regular teaser, a loss in your sweetheart will make the entire wager a loss regardless of the outcome of the other selections.
What is an ‘IF Wager' and an Action Reverse?
'IF' Wagers Described
'IF' wagers allow the player to make a second wager pending a win on the first selection. 'IF' wagers must be made on one call, and the second part of the 'IF' wager cannot exceed the amount of the first selection.
An Action-Reverse wager is a pair of IF Action wagers. The pairs are made by taking the original IF Action wager and placing another IF Action wager in reverse order.
Following is a breakdown of a 2 play Action-Reverse wager.
Part B |
Dolphins -14 $110 to win $100 |
IF (win, tie, or cancel) |
Cowboys -5 $110 to win $100 |
+400 |
-120 |
-220 |
+200 |
What is a Future Wager and Proposition Wager?
Future wagers are based on the outcome of events that happen each year. All wagers are final. There will be no payouts until the conclusion of the specified season.
Proposition wagers are based on the outcome of events that happen each year. Odds change daily and all wagers are considered action at the odds quoted at the time of the wager.
What are Half-Time Wagers?
The wager is placed on the odds posted for the second half of a game only. All wagers must go the full half for action (first half and second half). All halftime wagers are calculated the same as a straight wager unless otherwise indicated. There are no teaser plays or buying of points on half-times. On half-time wagers, overtime periods are included as part of the 2nd half.
What are European Odds?
European odds are different from the North American style of odds. In North America, money lines are used to determine the line. In North America, a team that is +140 would be a 40 point underdog. This means that for every $100 wagered, the player would win $140. For this to be true in a European style of betting, the odds would be 2.40-- meaning that for $100 wagered, the player would win $140. The 2.40 represents the entire amount wagered and won by the player. Ignition casino bonus code no deposit check.
What is Buy Points Online?
You can move the pointspread on football and basketball so that you give away less points with the favorite or get more points with the underdog.
Action Reverse Bet
To do this, you pay an extra 10 cents on the dollar for each ½ point you buy in your favor. You may buy up to 3 points!
How to Buy Points Online?
1. Make your selections
2. Submit the wager amount, then choosing from a drop down box that appears, select how many points you would like to buy.
3. After you make your selection, click 'Update all' before confirming your wager.
Reverse Sweetheart Football
*Please note that this option is made available for Straight wagers.
** For the NFL and College football, there is a premium for buying on/off of the 3 or 7(for example, from +2.5 to +3 or -3 to -3.5)
NCAA College Basketball Odds Receive a 50% Welcome Bonus up to $250. bovada.lv | NBA Basketball Odds 1st Wager will never be a Losing Bet at MyBookie. mybookie.ag |