SPORTS BETTING 101 – IF BETS – IF WIN / IF ACTION
If Bets For Betting
Ever wondered – How do you place an if bet in an online sportsbook?
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.
Cowboys, Dolphins, Jets, Seahawks Win/Loss 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 loss for you in 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.
Placing a Wager
If Bets are a type of combination bet so you will need to choose multiple teams. Click on the small box beside the teams or totals you wish to wager on.