If Bets (Football, Basketball, Baseball, and Hockey)
An If Bet consists of two straight bets joined together by an IF CLAUSE. That is, if the customer’s first play is a win or a push, then we process his second wager. In If Bets the player gets Double Action (wager goes on only if the first one wins, ties or cancels).
Each of the bets in the If Bet must be for the same amount or less than the first one, he cannot change each subsequent one to a higher amount; however, when you have money lines you have to be careful and see if the customer is taking only dogs, only favorites or a combinations of both.
There are two types of If wagers: If win is one type. The other type is if win or tie. If a game is cancelled, postponed or graded no action....the wager is graded as a tie.
If Bets can be used for all of the four major sports (Football, Basketball, Baseball & Hockey), except circled games; and there is no buying points allowed. The advantage of placing an If Bet is that the customer can make sure to get action on all of the games that he is interested in. Sometimes he will have a pending wager that hasn’t been reconciled and there can be a game going of the board, so if he places an If Bet he will not have any kind of problem whatsoever.
Example
If bets are combinations of 2 Straight Bets/Sidebets. You can use multiple sports in your combinations.
If Bets |
Combinations |
Odds for a $100 Bet |
If win or Tie |
$110 to win $100 |
If Win only |
$110 to win $100 |
If Lose or Tie |
$110 to win $100 |
If Lose onlyl |
$110 to win $100 |
Example
Teams |
Line |
Price |
Total |
Price |
San Diego Chargers |
+7½ |
-110 |
35 |
-110 |
Oakland Raiders |
-7 |
-110 |
44 |
-110 |
USC Trojans |
-9 |
-110 |
41 |
-110 |
Arizona Wildcats |
+2 |
-110 |
51 |
-110 |
Bet example: 2-Team If Bet.
If San Diego Chargers +7½ Win only Risking $110. to win $100.
Next bet: USC Trojans over 41 Risking $110 to win $100.
If the first bet is a winner then your second bet will have action.
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