"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 discover how to bet an "if/reverse." A complete explanation and comparison of "if" bets, "if/reverses," and parlays follows, combined with the situations where each is best..
An "if" bet is exactly what it appears like. Without a doubt Team A and IF it wins you then place an equal 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 true "if" bet, rather than betting double on the second team, you bet an equal amount on the next team.
It is possible to avoid two calls to the bookmaker and secure the existing line on a later game by telling your bookmaker you want to make an "if" bet. "If" bets can even be made on two games kicking off concurrently. The bookmaker will wait before first game is over. If the first game wins, he will put an equal amount on the second game though it was already played.
Although an "if" bet is really 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 next bet can't be cancelled, even if the next game have not gone off yet. If the first game wins, you will have action on the second game. Because of this, there's less control over an "if" bet than over two straight bets. When the two games you bet overlap in time, however, the only way to bet one only when another wins is by placing an "if" bet. Needless to say, when two games overlap with time, cancellation of the next game bet isn't an issue. It ought to be noted, that when both games start at differing times, most books won't allow you to complete the next game later. You must designate both teams when 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 identical to betting $110 to win $100 on Team A, and then, only when 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 second team. Whether or not the second team wins of loses, your total loss on the "if" bet will be $110 when you lose on the initial team. If the first team wins, however, you'll have a bet of $110 to win $100 going on the next team. If so, if the next team loses, your total loss will be just the $10 of vig on the split of both teams. If both games win, you'll win $100 on Team A and $100 on Team B, for a total win of $200. Thus, the utmost loss on an "if" would be $110, and the utmost win will be $200. That is balanced by the disadvantage of losing the full $110, instead of just $10 of vig, each and every time the teams split with the first team in the bet losing.
As you can plainly 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. In the event that you split however the loser is the second team in the bet, you then only lose the vig.
Bettors soon found that the way to steer clear of 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 make 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 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 merely tell the clerk you want to bet a "reverse," both teams, and the 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 next "if" bet, you win $50 on Team B, and then $50 on Team A, for a total win of $100. Both "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 set you back $55 and nothing would look at to Team A. You'll lose $55 on each one of the bets for a total maximum lack of $110 whenever both teams lose.
The difference occurs when the teams split. Rather than losing $110 once the first team loses and the next wins, and $10 once the first team wins but the second loses, in the reverse you will lose $60 on a split no matter which team wins and which loses. It computes in this manner. If Team A loses you'll lose $55 on the initial combination, and have nothing going on the winning Team B. In the second combination, you will win $50 on Team B, and 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 gives you a combined loss of $60 on the "reverse." When Team B loses, you will lose the $5 vig on the first combination and the $55 on the second combination for the same $60 on the split..
We have accomplished this smaller loss of $60 instead of $110 when the first team loses with no decrease in the win when both teams win. In both single $110 "if" bet and both 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 excess $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 does have 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 give you 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, when you can win a lot more than 52.5% or even more of your games. If you fail to consistently achieve a winning percentage, however, making "if" bets once 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, then they should both be bet. Betting on one shouldn't be made dependent on whether or not you win another. However, for the bettor who includes 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 point that he could be not betting the next game when both lose. Compared to the 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, anything that 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 for that reason "if" bets will definitely cost the winning handicapper money. Once the winning bettor plays fewer games, he's got fewer winners. Understand that next time someone lets you know that the way to win is to bet fewer games. A smart winner never wants to bet fewer games. Since "if/reverses" workout a similar 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"
Much like all rules, there are exceptions. "If" bets and parlays ought to be made by successful with a positive expectation in only two circumstances::
When there is 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 could think of that you have no other choice is if you are 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 one's tux so you left it in the automobile, you merely bet offshore in a deposit account without line of credit, the book includes a $50 minimum phone bet, you prefer two games which overlap in time, you grab your trusty cell five 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 merely have $75 in your account.
Because the old philosopher used to state, "Is that what's troubling you, bucky?" If that's the case, hold your mind up high, put a smile on your own face, look for the silver lining, and make a $50 "if" bet on your two teams. Of course you could bet a parlay, but as you will notice below, the "if/reverse" is an excellent substitute for the parlay if you are winner.
For trang chủ New88 , 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 gets the benefit of increased parlay probability of 13-5 on combined bets that have greater than the standard 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 originates from the point that we make the second bet only IF one of many propositions wins.
It would 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 would simply lose the vig regardless of 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 comes in. When to choose the parlay or the "reverse" when making 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 among 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 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 will come in with the favorite, or over comes in with the underdog, the parlay will eventually 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 favourite covers the high spread, it really is more likely that the game will go over the comparatively low total, and if the favorite does not cover the high spread, it really is more likely that the overall game will beneath the total. As we have previously seen, once you have a positive 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 on the side and total are to one another, but the proven fact that they're co-dependent gives us a confident expectation.
The point at which the "if/reverse" becomes an improved bet than the parlay when coming up with our two co-dependent is a 72% win-rate. This is not as outrageous a win-rate since it sounds. When making two combinations, you have two chances to win. You merely have to win one out of your two. Each of the combinations comes with an independent positive expectation. If we assume the chance of either the favorite 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 instance, Boston College -38 � scores enough to win by 39 points that the game will go over the full 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 from a win. That a BC cover can lead to an over 72% of that time period is not an unreasonable assumption beneath the circumstances.
In comparison with a parlay at a 72% win-rate, our two "if/reverse" bets will win an extra $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."