Bookie Betting Types: If Bets
An if bet allows the player to place as many as seven straight bets on a single large wager.
The wager is only going to progress to the next selection if a pick wins, or in some cases, pushes.
When a pick losses, the bet stops.
There are two kinds of if bets:
If win and If action
The difference between these two is that on an if win bet, the wager stops if a pick losses or pushes, while on a if action bet, the bet stops only if a pick losses.
Let’s check an example:
Here we have a four team if bet featuring the Broncos, the Seahawks, the Steelers and the Titans.
If the broncos cover the spread, you win the bet and move to the next selection, the seahawks. If Seattle also covers the spread, you move to the third selection.
Now, if Pittsburgh fails to cover, you will lose that selection, and the wager will not proceed to the next one, Tennessee.
On the contrary, if the steelers manage to cover the spread, the player continues to accumulate winning bets until he runs out of selections.
Although all regular bets can be considered future bets, when someone places a future, that player is betting long term.
For example, someone that bets on the Patriots to win the Super Bowl before the season even starts.
For more information, check out the rest of the series, or contact us at any time.