bets together result in a total win of $200

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Jul 16, 2021

If both teams win, the effect will be the same as you played an individual "if" bet for $100. You win $50 on Team A in the very first "if bet, and then $50 on Team B, for a complete 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. The two "if" bets together cause a total win of $200 when both teams win.

If both teams lose, the effect would also be exactly like in the event that you played an individual "if" bet for $100. Team A's loss would run you $55 in the very first "if" combination, and nothing would look at Team B. In the second combination, Team B's loss would run you $55 and nothing would look at to Team A. You'd lose $55 on all the bets for a complete maximum loss in $110 whenever both teams lose.

The difference occurs when the teams split. Instead of losing $110 when the very first team loses and the second wins, and $10 when the very first team wins but the second loses, in the reverse you will lose $60 on a divided no matter which team wins and which loses. It works out this way. If Team A loses you will lose $55 on the very first 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, causing a net loss on the second mixture of $5 vig. The increasing loss of $55 on the very first "if" bet and $5 on the second "if" bet gives you a mixed loss in $60 on the "reverse." When Team B loses, you will lose the $5 vig on the very first combination and the $55 on the second combination for exactly the same $60 on the split..

We have accomplished this smaller loss in $60 rather than $110 when the very first team loses without reduction in the win when both teams win. In both the single $110 "if" bet and the 2 reversed "if" bets for $55, the win is $200 when both teams cover the spread. The bookmakers would never put themselves at that kind 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 anything, nonetheless it does have the benefit of making the chance more predictable, and avoiding the worry regarding which team to put first in the "if" bet.

(What follows is an enhanced discussion of betting technique. If charts and explanations offer you a headache, skip them and simply jot down the rules. I'll summarize the principles in a simple to copy list in my own next article.)

As with parlays, the overall rule regarding "if" bets is:

DON'T, if you're able to win significantly more than 52.5% or maybe more of your games. If you fail to consistently achieve a winning 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 that doesn't belong there. If two games are worth betting, then they will both be bet. sports betting software on you ought to not be manufactured dependent on if you win another. On another hand, for the bettor who includes a negative expectation, the "if" bet will prevent him from betting on the second team whenever the very 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 he is not betting the second game when both lose. Set alongside the 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 amount of games that the loser bets.

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