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.