Thursday, July 12, 2012

Why and When you should think about using a “Reverse” bet, some basics, Part 5


     Yesterday we talked about “If Bets”, and the importance of choosing the order of your teams in your “If Bet”. Today we are going to talk about Reverses, which are an interesting way of placing multiple “If Bets” quickly.

      Now a Reverse, takes your teams, and turns them into every 2 team “If Bet” combination possible, and then reverses them as well. So if you bet a 2 team Reverse, it becomes 2 “If Bets”, so if you bet on Team A, and Team B, your “If Bets” would be:

              1. Team A “If Win” then Team B
              2. Team B “If Win” then Team A
      So if you asked for a $100, 2 team, Reverse you would be risking $110 twice, for a total Risk of $220, in a Point Spread Reverse, because you would end up, with two “If Bets” of $110 each to win $200 each, for a total risk of $220 to win $400. And if you bet a 3 team Reverse then you would have 6 “If Bets”, and you would have to wager 6 times the risk amount. Now as you can see using a Reverse can be expensive, but if your teams win, you can win a lot of money. I rarely use more than a 3 team Reverse, but a 2 or 3 team well thought out Reverse can make you some good money.

      So if you have 2 or 3 teams that you are really confident about, and want to bet on them as much as you can, a Reverse is one of the ways to put up multiple bets quickly and easily. Also since a Reverse becomes multiple “If Bets” if one of your teams does lose, you can still win some of your money back Most Reverses are double action, but check your Sports Books rules and regulations, to see if you have the choice between single and double action, in my Reverses I always use double action.

      Tomorrow we will talk about when and why to use a Round Robin, 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

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