Reverse Bets are a money management tool for the bettor similar to an IF bet. A reverse is a series of IF bets going both forward and in "reverse" order. Each team included in the reverse will pair with another team to form two IF bets, one with that team first and another with that team as the second team in the IF. Each bet in the reverse is an individual straight wager for the full amount of the reverse (each bet is for the same amount). All bets in the Reverse are bet with the condition "If, win only" meaning the next bet will only be placed if the previous one wins (ties or cancellations will void all subsequent bets).
Rules
The rules of IF bets apply
The amount chosen for the Reverse is the same amount for each IF bet in the Reverse
The maximum risk of the Reverse is calculated by multiplying the highest risk between the straight bet times two.
The maximum win is calculated by adding all wins of the straight bets on the IF bets.
2-10 teams may be including in a Reverse. In the case of more than two teams chosen the reverse is all possible combinations of two team if bets and their reverse with all the selections.
Each bet included in the Reverse is bet under the condition IF Win Only. Ties and cancellations will void all subsequent bets
No Open bets are allowed in a reverse
Example: Let's say you have locked two picks for Sunday's football. You want to make more money than a straight bet, but you want to minimize your losses. The reverse bet allows you to do this. By definition a Reverse is a two-way IF bet following always the IF win, tie, cancel condition. Let's give an example to make it easy to understand how it works.
2 team Reverse for $100
Vikings -3
Seahawks 38
This is the equivalent of having the following two if bets:
2 team if bet
Vikings -3 risking $110 to win $210
If win, tie, cancel
Seahawks Over 38 risking $110 to win $210
2 team if bet
Seahawks Over 38 risking $110 to win $210
If win, tie, cancel
Vikings -3 risking $110 to win $210
On the first If bet you are risking $110 to win $310 and so on the second if wager. Therefore, with a Reverse bet you are risking a maximum of $220 to win a maximum of $620. Let's analyze all the possible scenarios.
1) Vikings win and Seahawks over win: In this situation you will win the maximum possible. In this case a total of $400 plus the $220 risked for a total of $620.
2) Vikings win and Seahawks lose: In this case on the first if bet (Vikings if to the Seahawks) you win the top straight bet and lose the second one. For a total loss of $10. On the second if (Seahawks if to the Vikings) you lose the first straight, having no action on the second one. For the second if there is a loss of $110. This gives a net loss of $120 for this situation.
3) Seahawks win and Vikings lose: This follows the same result as the last example.
Both teams lose: This would make for this example the worst-case scenario and you would lose the $220.
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