Why and When you should think about “If Bet” betting, some basics, Part 4.

     Yesterday we were talking about when and why to use an “If Bet”, we had just talked about the fact that an “If Bet” Stops on a loser. In an “If Bet” you can lose one bet and still break even or sometimes come out ahead, depending on what order you placed the teams in. The reason being that since the bets are graded individually, if you have wining bets before the loser, then you get the winnings from those bets, and that can help to offset the loss of your risk money.

      This is why it is so important, what order you place the teams into the “If Bet”, they do not have to be in the order their played in, but they will be graded in the order you put them into the “If Bet”, so if for example in American Football you placed the Monday night game first in your “If Bet”, and 2 other games that play on Sunday, and then the 2 games on Sunday win, your “If Bet” will not be graded a winner until the Monday night game is played, and if it is a loser, the whole bet is over, and it does not matter one bit, if the later teams in your “If Bet” were winners, because the bet stops with the loser.

      You can also put games in an “If Bet” that are playing at the same time, they will be graded in the order that you placed them in the “If Bet”, not the order in which they finish. The main thing about an “If Bet” is that you have to place the whole bet, before the earliest game in the “If Bet” starts, it does not matter if it is the first team in the “If Bet” or not, but you cannot place any bet after a game is off the board.

      Tomorrow we talk about when and why to use a Reverse, 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.