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Written by carlos
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Friday, 08 August 2008 10:48 |
Basics
Reverse bets are essentially two If Win, Tie or Cancel bets. You choose two picks (sides or totals). If your initial bet wins, ties or cancels, you will have action on your second bet.At the same time, if your second bet wins, ties or cancels, you will have action on your initial bet. Essentially, you have created two straight bets. The amount of the reverse will be the amount of each straight bet. The maximum risk involved is twice the highest risk of your two bets.
Maximum you can win is twice the winning of each team.*
For example:
2 Team Reverse for $500 |
Pick |
Line |
Odds |
Risk |
Win |
Max Risk |
Max Win |
Sacramento Kings |
+6 ½ |
-110 |
550 |
500 |
1200 |
2000 |
Marlins/ Cubs |
?8 |
-120 |
600 |
500 |
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Let's go through the possibilities with this Reverse bet:
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The Sacramento Kings do not lose the game by more than 6 points. You win this bet. The Marlins/Cubs total is over 8. You win this bet too. In this scenario you win the maximum of $2000. Basically, you win twice on each team because of the conditional nature of these bets.
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The Sacramento Kings lose the game by 20 points. You lose this bet and action does not carry down to your second bet. The Marlins/Cubs total is only 5. You lose this bet and action does not carry over to your initial bet. In this scenario you lose $1150 because you lose once on each bet.
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The Sacramento Kings lose the game by 20 points. You lose this bet and action does not carry down to your second bet. The Marlins/Cubs total is 8. You push on this bet and action does carry to your initial bet. In this scenario you lose $1100 because you lost twice on the Sacramento Kings.
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The Sacramento Kings do not lose the game by more than 6 points. You win this bet and action carries down to your second bet. The Marlins/Cubs total is 8. You push on this bet and action carries to your initial bet. In this scenario you win $1100 because you won twice on the Sacramento Kings.
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The Sacramento Kings lose the game by 20 points. You lose this bet and action does not carry down to your second bet. The Marlins/Cubs total is over 8. You win this bet and action carries to your initial bet. In this scenario you lost $600 because you won once on the Marlins/Cubs, but you lost twice on the Sacramento Kings.
*A $100 Reverse has a maximum win of $400 and a maximum risk of $220
See Also Sportsbook.com - Online Sports Betting
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