"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 might 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 exactly what it sounds 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 type of "if" bet where you bet on the initial team, and when it wins you bet double on the next team. With a genuine "if" bet, rather than betting double on the second team, you bet an equal amount on the second team.
You can avoid two calls to the bookmaker and secure the current line on a later game by telling your bookmaker you want to make an "if" bet. "If" bets can also be made on two games kicking off simultaneously. The bookmaker will wait until the first game has ended. If the initial game wins, he will put the same amount on the second game even though it was already played.
Although an "if" bet is actually two straight bets at normal vig, you cannot decide later that so long as want the next bet. As soon as you make an "if" bet, the second bet cannot be cancelled, even if the next game has not gone off yet. If the initial game wins, you should have action on the second game. Because of this, there is 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 if another wins is by placing an "if" bet. Needless to say, when two games overlap with time, cancellation of the second game bet is not an issue. It should be noted, that when the two games start at different times, most books will not allow you to complete the second game later. You need to designate both teams once you make the bet.
tải app new88 may 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 will 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 absolutely no bet on the next team. No matter whether the second team wins of loses, your total loss on the "if" bet would be $110 when you lose on the initial team. If the initial team wins, however, you'll have a bet of $110 to win $100 going on the second team. If so, if the next team loses, your total loss will 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 total win of $200. Thus, the utmost loss on an "if" will be $110, and the utmost win will be $200. That is balanced by the disadvantage of losing the entire $110, rather than just $10 of vig, every time the teams split with the first team in the bet losing.
As you can see, it matters a good deal which game you put first in an "if" bet. In the event that you put the loser first in a split, you then lose your full bet. If you split however the loser may be the second team in the bet, you then only lose the vig.
Bettors soon found that the way to avoid the uncertainty due to the order of wins and loses would be to make two "if" bets putting each team first. Rather than betting $110 on " Team A if Team B," you would bet just $55 on " Team A if Team B." and then create a second "if" bet reversing the order of the teams for another $55. The next bet would put Team B first and Team A second. This sort of double bet, reversing the order of the same two teams, is called 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 need to state both bets. You only tell the clerk you would like to bet a "reverse," both teams, and the amount.
If both teams win, the result would be the same as if you played an individual "if" bet for $100. You win $50 on Team A in the first "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 then $50 on Team A, for a complete win of $100. Both "if" bets together create 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 cost you $55 in the initial "if" combination, and nothing would look at Team B. In the second combination, Team B's loss would cost you $55 and nothing would look at to Team A. You would lose $55 on each one of the bets for a complete maximum loss of $110 whenever both teams lose.
The difference occurs once 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 first combination, and have nothing going on the winning Team B. In the second combination, you will 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 increased loss of $55 on the initial "if" bet and $5 on the next "if" bet offers you a combined lack of $60 on the "reverse." When Team B loses, you'll lose the $5 vig on the first combination and the $55 on the next combination for the same $60 on the split..
We've accomplished this smaller loss of $60 rather than $110 when the first team loses with no reduction in the win when both teams win. In both the single $110 "if" bet and both reversed "if" bets for $55, the win is $200 when both teams cover the spread. The bookmakers could not 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 may be the loser. Thus, the "reverse" doesn't actually save us hardly any money, but it has the benefit of making the chance more predictable, and preventing the worry concerning which team to put first in the "if" bet.
(What follows can be an advanced discussion of betting technique. If charts and explanations offer you a headache, skip them and simply write down the rules. I'll summarize the rules in an an easy task to copy list in my next article.)
As with parlays, the overall rule regarding "if" bets is:
DON'T, when you can win a lot more than 52.5% or more of your games. If you fail to consistently achieve an absolute percentage, however, making "if" bets whenever you bet two teams will save you money.
For the winning bettor, the "if" bet adds an element of luck to your betting equation it doesn't belong there. If two games are worth betting, they should both be bet. Betting using one should not be made dependent on whether you win another. On the other hand, for the bettor who has a negative expectation, the "if" bet will prevent him from betting on the second 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 truth that he is not betting the second game when both lose. When compared to straight bettor, the "if" bettor has an additional cost of $100 when Team A loses and Team B wins, but he saves $110 when Team A and Team B both lose.
In summary, anything that keeps the loser from betting more games is good. "If" bets reduce the number of games that the loser bets.
The rule for the winning bettor is exactly opposite. Anything that keeps the winning bettor from betting more games is bad, and for that reason "if" bets will definitely cost the winning handicapper money. Once the winning bettor plays fewer games, he's got fewer winners. Remember that next time someone lets you know that the way to win is to bet fewer games. A good winner never really wants to bet fewer games. Since "if/reverses" workout exactly the same as "if" bets, they both place the winner at the same disadvantage.
Exceptions to the Rule - Whenever a Winner Should Bet Parlays and "IF's"
As with all rules, you can find exceptions. "If" bets and parlays should be made by successful with a positive expectation in mere two circumstances::
If you find no other choice and he must bet either an "if/reverse," a parlay, or a teaser; or
When betting co-dependent propositions.
The only time I can think of you have no other choice is if you are the best man at your friend's wedding, you're waiting to walk down that aisle, your laptop looked ridiculous in the pocket of your tux which means you left it in the car, you only bet offshore in a deposit account with no credit line, the book has a $50 minimum phone bet, you prefer two games which overlap in time, you grab your trusty cell 5 minutes before kickoff and 45 seconds before you must 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 only have $75 in your account.
As the old philosopher used to state, "Is that what's troubling you, bucky?" If that's the case, hold your head up high, put a smile on your own face, look for the silver lining, and make a $50 "if" bet on your own two teams. Needless to say you can bet a parlay, but as you will see below, the "if/reverse" is a superb replacement for the parlay when you are winner.
For the winner, the best method is straight betting. In the case of co-dependent bets, however, as already discussed, you will find a huge advantage to betting combinations. With a parlay, the bettor is getting the benefit of increased parlay probability of 13-5 on combined bets that have greater than the normal expectation of winning. Since, by definition, co-dependent bets must always be contained within the same game, they must be produced as "if" bets. With a co-dependent bet our advantage comes from the truth 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 favourite 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 among our combinations will come in. When to find the parlay or the "reverse" when coming up with co-dependent combinations is discussed below.
Choosing Between "IF" Bets and Parlays
Predicated 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 without the $110 loss on the losing parlay). In a $110 "reverse" bet our net win would be $180 every time one of our combinations hits (the $400 win on the winning if/reverse without the $220 loss on the losing if/reverse).
Whenever a split occurs and the under comes in with the favorite, or over will come in with the underdog, the parlay will lose $110 while the reverse loses $120. Thus, the "reverse" has 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 are not in a 50-50 situation. If the favourite covers the high spread, it is much more likely that the game will review the comparatively low total, and when the favorite fails to cover the high spread, it is more likely that the overall game will under the total. As we have already seen, once you have a positive expectation the "if/reverse" is a superior bet to the parlay. The actual probability of a win on our co-dependent side and total bets depends on how close the lines privately and total are to one another, but the proven fact that they are co-dependent gives us a positive expectation.
The point where the "if/reverse" becomes an improved bet than the parlay when coming up with our two co-dependent is really a 72% win-rate. This is simply 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 your two. Each one of the combinations has an independent positive expectation. If we assume the chance of either the favourite or the underdog winning is 100% (obviously one or the other must win) then all we need is 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 the very 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 will result in an over 72% of the time is not an unreasonable assumption beneath the circumstances.
When compared with a parlay at a 72% win-rate, our two "if/reverse" bets will win a supplementary $4 seventy-two times, for a complete increased win of $4 x 72 = $288. Betting "if/reverses" may cause us to lose an extra $10 the 28 times that the results split for a complete increased lack 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."