What is a reverse bet?
Answers:
Reverses
A reverse bet is a series of IF bets going both forward and in reverse order. Each troop included in the reverse bet will pair near the other team in writ to form two IF bets.
For Example: (using Football and Baseball):
The First Part:
Philadelphia Eagles -8 $110 to win $100 Double Action (If win, push, no action, or cancelled)
Then
Cleveland Indians (-175) Risk $110 to win $63
Second Part:
Cleveland Indians (-175) $110 to win $63 Double Action (If win, push, no action, or cancelled)
Then
Philadelphia Eagles -8 Risk $110 to win $100
Total risk- $220 (maximum risk) to win $326
Possible outcomes:
If the Eagles and the Indians both win, you will win $163 on the first subdivision of the wager and $163 on the reverse part, for total winnings of $326.
If the Eagles win and the Indians lose, you will lose $10 on the first part of the wager and $110 on the reverse bit, for total losses of $120.
If the Indians win and the Eagles lose, you will lose $110 on the first part of the wager and $47 on the reverse part, for total losses of $157.
If one squad pushes, is no action, or is cancelled and the other team is a loss, you will lose $220.
If one squad pushes, is no action, or is cancelled and the other team win, you will either win $126 (63+63) for the Indians or $200 for the Eagles (100+100).
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