Part 3, Why and When you should think about “Exotic” betting, some basics

      Yesterday we were talking about Teasers vs Parlays, and the payout differences between them, and why sometimes it is better to take a lower payout, with a better chance to win, over a larger payout and more Risk.. The object of your wagering is to win money, and not just once in awhile, but to do it consistently, and not just all in one huge bet. So learn when and where to use the different betting options that are available to you, and you can really start to grow your Bankroll into something really BIG.

      So sometimes when you have 2 or 3 teams that you really want to bet on, and you don't want to take a chance on a Parlay or Teaser, but also don't want to risk to much money on them with 2 or 3 Straight Bets, you can always put them into an “If Bet”. Which is safer than a Parlay or a Teaser but not as profitable, you will always find that the riskier the bet is, the more profitable it is. Now with an “If Bet” you can bet on all 3 teams with the same risk money, but since each bet on each team is graded separately, the previous bet has to win for the next bet to have “Action”, so now the order you put them into the “If Bet” is also very important. Now of course if all the teams win it does not matter which order you put them in the bet, you win, but if just 1 team loses then it matters which order they were in, because the “If Bet” stops on the loser.

      Tomorrow we continue on when and why to use “If Bets”, and for more detailed explanations you can grab a copy of my e-book “The Wagering Man's Guide to Sports Betting” at our website www.thewageringman.com, check it out today.