If Bets: If Win and If Action
An If Win bet is an excellent choice for money management.
You wager a fixed amount on one team, if that team wins, then
the same amount as your original wager is placed on a different
team.
For example, you can have a two team If Win Bet for $11 on
the Bears and Giants. If the Bears win, you risked $11 to win
$10 and now you have another $11 wager on the Giants. If they
win, then you win another $10 for a total of $20 in winnings. If
the Giants lose, then you lose $1, because you won $10 on the
Bears and you lose $11 on the Giants. If the Bears lost, then
you lose your original $11 and you have no bet on the Giants.
Here is an example of a four team If bet:
| |
Bears |
Giants |
Rams |
Cowboys |
Grand Total |
| Risk |
$11 |
$11 |
$11 |
$11 |
$11 |
| To Win |
$10 |
$10 |
$10 |
$10 |
|
| |
| |
Bears |
Giants |
Rams |
Cowboys |
Grand Total |
| Scenario 1 |
Win |
Win |
Win |
Win |
|
| Result |
+$10 |
+$10 |
+$10 |
+$10 |
+$40 |
| |
| |
Bears |
Giants |
Rams |
Cowboys |
Grand Total |
| Scenario 2 |
Win |
Win |
Win |
Lose |
|
| Result |
+$10 |
+$10 |
+$10 |
-$11 |
+$19 |
| |
| |
Bears |
Giants |
Rams |
Cowboys |
Grand Total |
| Scenario 3 |
Win |
Win |
Lose |
No Bet |
|
| Result |
+$10 |
+$10 |
-$11 |
|
+$9 |
| |
| |
Bears |
Giants |
Rams |
Cowboys |
Grand Total |
| Scenario 4 |
Win |
Lose |
No Bet |
No Bet |
|
| Result |
+$10 |
-$11 |
|
|
-$1 |
| |
| |
Bears |
Giants |
Rams |
Cowboys |
Grand Total |
| Scenario 5 |
Lose |
No Bet |
No Bet |
No Bet |
|
| Result |
-$11 |
|
|
|
-$11 |
Your first wager must win in order for you to have action on
the remaining wagers. If the first wager loses, there is No
Action thereafter. You can put as many as 2 to 7 teams in an If
Win bet.
How is an If Action Bet Different?
There is a simple difference between an If Win bet and an If
Action bet. In an If Win bet your first wager must WIN in order
for the next wager to have action. In an If Action bet each
wager must WIN or PUSH (tie) in order for the next wager to have
action. While the Push will result in neither a win nor a lose
for you on that particular game, we will continue on to the next
wager in your bet whereas in an If Win bet we would have stopped
the bet at the Push.
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