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Can you explain me the if, reverse type of bets?
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Although the parlay is a very popular bet, there are two other versions of this wager that sports bettors should consider. Many online books offer if bets and reverse bets which both can provide the sports bettor protection from loses while allowing them to make some cash. Can you explain me the if, reverse type of bets?
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05.02.2015, 10:51
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WilsonWill
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If you know how a parlay bet works you definitely know how an if bet works as well.

An if bet is similar to a parlay in that you are wagering on numerous teams and putting them on one ticket. More than this, the if bet offers sports bettors protection that a standard parlay bet does not. With a parlay wager, you must be right on all games or else you lose the entire amount of your wager.

Let's say you make a parlay on two teams. In order to win the bet both need to win their matches. If it happens that the first team loses the first match, you will lose the parlay even though the second team wins the second match. Well, when it comes to if bets, the thing works differently.
10.02.2015, 08:59
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milano4ever
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As the name goes, when you bet on two-teams with an if bet, the second bet is only in place if you win the first bet.

Let me give you an example. Let's say you put $110 on the Pats in the first game and they win, then your second team, we'll say it's the Bears, will see action and $110 will be placed on them.

Now, if you lose the bet you have placed on Pats, the second wager on the Bears will not see action, since you cannot win the two-team bet. The result is you save $110.
10.02.2015, 09:16
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dealerDell
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Other than this, you can see the value in if bet, if you simply calculate the amount of money can make. So, with a two-team wager using the if bet, you can lose $110, come close to breaking even if your first team wins and the second loses, or win both games and take home some cash. Depending on how you play the if bet, you can win anywhere from $200 to just over 300. When the payout on a $110 two-team parlay would be around $286.

With the parlay you risk less cash to get a bigger payout. But is an all or nothing bet. A $110 parlay pays 13-5, while an if bet offers you basic spread odds with the opportunity to lead money won from the first wager into the second wager. So sports bettors need to decide whether they want to take a greater risk with the chance of seeing a bigger payout or take less of a risk with the opportunity to win less cash.
10.02.2015, 11:52
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You guys only stated the good parts that if bet has, and why it is a good thing to bet using if over parlay. While I am on board with some of your affirmations, there is still one feature of the if bet that some people do not like.

It is similar to the parlay in that once you make the wager, you cannot take back the second bet if the first wins. Sometimes a sports bettor will win the first game and then have second thoughts about game two.

Because in essence they are using a form of parlay wagering where both games are on the same ticket, they cannot change that wager.

However, if the sports bettor had played a single point spread bet on the Pats and won, they could have waited to make the seond bet on the Bears and, if they had ill feeling about it, not made it at all. In my opinion there is still more risk in playing an if bet than there is in placing two single team wagers.
10.02.2015, 13:15
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chiLLAR_tipster
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I see that everyone is talking about the if bets. I just want to say that there are some sports bettors that have found an edge in the reverse bet, which is less risky than the if bet. Of course, the lower the risk the less the payout. Thus, the reverse bet does not offer the same type of cash as the if bet or the parlay. Because the reverse bet is nothing more than a double-action if bet. With the reverse bet you would put $110 on the Pats in game one and $110 on the Bears in game two. You then reverse that bet.

So what you actually do is you place the Bears on the first part of the thicket and the Pats on the second half of the ticket.
 
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