| If
- Win/If - Action bets Explained
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.
Note: Limits are set to the same
limits as the total for the event
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 |
|
|
| Scenario One |
Win |
Win |
Win |
Win |
|
| Result |
+$10 |
+$10 |
+$10 |
+$10 |
+$40 |
|
| Scenario Two |
Win |
Win |
Win |
Lose |
|
| Result |
+$10 |
+$10 |
+$10 |
-$11 |
+$19 |
|
| Scenario Three |
Win |
Win |
Lose |
No Bet |
|
| Result |
+$10 |
+$10 |
-$11 |
|
+$9 |
|
| Scenario Four |
Win |
Lose |
No Bet |
No Bet |
|
| Result |
+$10 |
-$11 |
|
|
-$1 |
|
| Scenario Five |
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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