"IF" Bets and Reverses
I mentioned last week, that if your book offers "if/reverses," it is possible to play those rather than parlays. Some of you may not understand how to bet an "if/reverse." A complete explanation and comparison of "if" bets, "if/reverses," and parlays follows, along with the situations in which each is best..
An "if" bet is strictly what it appears like. Without a doubt Team A and when it wins you then place the same amount on Team B. A parlay with two games going off at differing times is a kind of "if" bet where you bet on the initial team, and if it wins without a doubt double on the second team. With a genuine "if" bet, instead of betting double on the next team, you bet an equal amount on the next team.
You can avoid two calls to the bookmaker and secure the existing line on a later game by telling your bookmaker you would like to make an "if" bet. "If" bets can be made on two games kicking off concurrently. The bookmaker will wait before first game has ended. If the first game wins, he will put the same amount on the next game though it has already been played.
Although an "if" bet is actually two straight bets at normal vig, you cannot decide later that so long as want the second bet. Once you make an "if" bet, the second bet can't be cancelled, even if the next game have not gone off yet. If the initial game wins, you should have action on the next game. For that reason, there's less control over an "if" bet than over two straight bets. Once the two games you bet overlap with time, however, the only method to bet one only when another wins is by placing an "if" bet. Of course, when two games overlap in time, cancellation of the next game bet is not an issue. It should be noted, that when the two games start at differing times, most books will not allow you to complete the second game later. You must designate both teams once you make the bet.
You possibly can make an "if" bet by saying to the bookmaker, "I wish to make an 'if' bet," and, "Give me Team A IF Team B for $100." Giving your bookmaker that instruction would be the same as betting $110 to win $100 on Team A, and, only if Team A wins, betting another $110 to win $100 on Team B.
If the initial team in the "if" bet loses, there is no bet on the next team. Whether or not the second team wins of loses, your total loss on the "if" bet would be $110 when you lose on the first team. If the first team wins, however, you would have a bet of $110 to win $100 going on the second team. In that case, if the next team loses, your total loss would be just the $10 of vig on the split of the two teams. If both games win, you would win $100 on Team A and $100 on Team B, for a complete win of $200. Thus, the maximum loss on an "if" would be $110, and the utmost win would be $200. That is balanced by the disadvantage of losing the entire $110, rather than just $10 of vig, each and every time the teams split with the initial team in the bet losing.
As you can see, it matters a good deal which game you put first in an "if" bet. If you put the loser first in a split, you then lose your full bet. If you split but the loser may be the second team in the bet, then you only lose the vig.
Bettors soon discovered that the way to steer clear of the uncertainty due to the order of wins and loses is to make two "if" bets putting each team first. Instead of betting $110 on " Team A if Team B," you would bet just $55 on " Team A if Team B." and make a second "if" bet reversing the order of the teams for another $55. The second bet would put Team B first and Team A second. This kind of double bet, reversing the order of exactly the same two teams, is named an "if/reverse" or sometimes just a "reverse."
A "reverse" is two separate "if" bets:
Team A if Team B for $55 to win $50; and
Team B if Team A for $55 to win $50.
You don't have to state both bets. You only tell the clerk you want to bet a "reverse," the two teams, and the total amount.
If both teams win, the effect would be the same as if you played a single "if" bet for $100. You win $50 on Team A in the initial "if bet, and $50 on Team B, for a total win of $100. In the second "if" bet, you win $50 on Team B, and $50 on Team A, for a total win of $100. The two "if" bets together result in a total win of $200 when both teams win.
If both teams lose, the result would also be the same as in the event that you played a single "if" bet for $100. Team A's loss would set you back $55 in the first "if" combination, and nothing would go onto Team B. In the second combination, Team B's loss would cost you $55 and nothing would go onto to Team A. You would lose $55 on each of the bets for a complete maximum lack of $110 whenever both teams lose.
The difference occurs when the teams split. Rather than losing $110 when the first team loses and the next wins, and $10 when the first team wins but the second loses, in the reverse you will lose $60 on a split whichever team wins and which loses. It works out in this manner. If Team A loses you will lose $55 on the initial combination, and have nothing going on the winning Team B. In the second combination, you'll win $50 on Team B, and also have action on Team A for a $55 loss, resulting in a net loss on the next mix of $5 vig. The loss of $55 on the first "if" bet and $5 on the second "if" bet offers you a combined loss of $60 on the "reverse." When Team B loses, you will lose the $5 vig on the initial combination and the $55 on the next combination for the same $60 on the split..
We've accomplished this smaller lack of $60 rather than $110 once the first team loses with no decrease in the win when both teams win. In both the single $110 "if" bet and the two reversed "if" bets for $55, the win is $200 when both teams cover the spread. The bookmakers would never put themselves at that type of disadvantage, however. The gain of $50 whenever Team A loses is fully offset by the extra $50 loss ($60 rather than $10) whenever Team B is the loser. Thus, the "reverse" doesn't actually save us hardly any money, but it has the benefit of making the risk more predictable, and avoiding the worry as to which team to place first in the "if" bet.
(What follows can be an advanced discussion of betting technique. If charts and explanations provide you with a headache, skip them and write down the guidelines. I'll summarize the guidelines in an an easy task to copy list in my next article.)
As with parlays, the overall rule regarding "if" bets is:
DON'T, if you can win a lot more than 52.5% or more of your games. If you cannot consistently achieve an absolute percentage, however, making "if" bets once you bet two teams will save you money.
For the winning bettor, the "if" bet adds some luck to your betting equation that doesn't belong there. If two games are worth betting, they should both be bet. Betting on one should not be made dependent on whether or not you win another. Alternatively, for the bettor who has a negative expectation, the "if" bet will prevent him from betting on the next team whenever the first team loses. By preventing some bets, the "if" bet saves the negative expectation bettor some vig.
The $10 savings for the "if" bettor results from the fact that he is not betting the second game when both lose. When compared to straight bettor, the "if" bettor comes with an additional expense of $100 when Team A loses and Team B wins, but he saves $110 when Team A and Team B both lose.
In summary, whatever keeps the loser from betting more games is good. "If" bets reduce the amount of games that the loser bets.
The rule for the winning bettor is strictly opposite. Whatever keeps the winning bettor from betting more games is bad, and therefore "if" bets will cost the winning handicapper money. When the winning bettor plays fewer games, he's got fewer winners. Remember that next time someone tells you that the best way to win is to bet fewer games. A smart winner never really wants to bet fewer games. Since "if/reverses" work out a similar as "if" bets, they both place the winner at the same disadvantage.
Exceptions to the Rule - When a Winner Should Bet Parlays and "IF's"
Much like all rules, there are exceptions. "If" bets and parlays ought to be made by successful with a confident expectation in mere two circumstances::
If you find no other choice and he must bet either an "if/reverse," a parlay, or perhaps a teaser; or
When betting co-dependent propositions.
The only time I can think of that you have no other choice is if you're the very best man at your friend's wedding, you're waiting to walk down the aisle, your laptop looked ridiculous in the pocket of your tux and that means you left it in the automobile, you merely bet offshore in a deposit account without line of credit, the book has a $50 minimum phone bet, you prefer two games which overlap in time, you pull out your trusty cell 5 minutes before kickoff and 45 seconds before you need to walk to the alter with some beastly bride's maid in a frilly purple dress on your arm, you try to make two $55 bets and suddenly realize you merely have $75 in your account.
As the old philosopher used to say, "Is that what's troubling you, bucky?" If that's the case, hold your head up high, put a smile on your face, search for the silver lining, and create a $50 "if" bet on your two teams. Needless to say you could bet a parlay, but as you will notice below, the "if/reverse" is an effective substitute for the parlay if you are winner.
For đá gà sv288 , the best method is straight betting. Regarding co-dependent bets, however, as already discussed, there is a huge advantage to betting combinations. With a parlay, the bettor gets the advantage of increased parlay probability of 13-5 on combined bets which have greater than the normal expectation of winning. Since, by definition, co-dependent bets should always be contained within exactly the same game, they must be produced as "if" bets. With a co-dependent bet our advantage comes from the point that we make the second bet only IF one of many propositions wins.
It could do us no good to straight bet $110 each on the favorite and the underdog and $110 each on the over and the under. We'd simply lose the vig no matter how often the favorite and over or the underdog and under combinations won. As we've seen, if we play two out of 4 possible results in two parlays of the favorite and over and the underdog and under, we can net a $160 win when one of our combinations will come in. When to choose the parlay or the "reverse" when making co-dependent combinations is discussed below.
Choosing Between "IF" Bets and Parlays
Based on a $110 parlay, which we'll use for the intended purpose of consistent comparisons, our net parlay win when one of our combinations hits is $176 (the $286 win on the winning parlay minus the $110 loss on the losing parlay). In a $110 "reverse" bet our net win would be $180 every time among our combinations hits (the $400 win on the winning if/reverse minus the $220 loss on the losing if/reverse).
Whenever a split occurs and the under comes in with the favorite, or higher comes in with the underdog, the parlay will lose $110 while the reverse loses $120. Thus, the "reverse" includes a $4 advantage on the winning side, and the parlay has a $10 advantage on the losing end. Obviously, again, in a 50-50 situation the parlay would be better.
With co-dependent side and total bets, however, we have been not in a 50-50 situation. If the favorite covers the high spread, it is more likely that the overall game will go over the comparatively low total, and when the favorite does not cover the high spread, it is more likely that the overall game will under the total. As we have previously seen, once you have a confident expectation the "if/reverse" is really a superior bet to the parlay. The specific possibility of a win on our co-dependent side and total bets depends upon how close the lines privately and total are one to the other, but the fact that they are co-dependent gives us a positive expectation.
The point where the "if/reverse" becomes an improved bet compared to the parlay when coming up with our two co-dependent is really a 72% win-rate. This is not as outrageous a win-rate as it sounds. When making two combinations, you have two chances to win. You only need to win one out of the two. Each one of the combinations comes with an independent positive expectation. If we assume the opportunity of either the favourite or the underdog winning is 100% (obviously one or the other must win) then all we are in need of is really a 72% probability that when, for example, Boston College -38 � scores enough to win by 39 points that the overall game will go over the total 53 � at least 72% of that time period as a co-dependent bet. If Ball State scores even one TD, then we are only � point away from a win. A BC cover can lead to an over 72% of the time isn't an unreasonable assumption beneath the circumstances.
Compared to a parlay at a 72% win-rate, our two "if/reverse" bets will win a supplementary $4 seventy-two times, for a total increased win of $4 x 72 = $288. Betting "if/reverses" will cause us to lose a supplementary $10 the 28 times that the results split for a complete increased loss of $280. Obviously, at a win rate of 72% the difference is slight.
Rule: At win percentages below 72% use parlays, and at win-rates of 72% or above use "if/reverses."