Sports Betting Types | If Bets
Type of bet that allows you better wager management by placing multiple bets by preference that are conditional on the outcome of the preceding bet within the If Bet sequence. If Bets allow you to leverage your bet with preference given to the events you believe have more predictable outcomes. You risk only the original wager amount and can choose the event priority sequence regardless of the date of the event.
If Bets can be used for all of the four major sports (Football, Basketball, Baseball & Hockey). The advantage of placing an If Bet is that the customer can make sure to get action on all of the games that he is interested in.
An If Bet is also useful if you want to make more than one bet, but do not have adequate funds in your account to cover the second bet unless the first bet wins. An If Bet will place the second bet immediately upon success of the first bet. If Bet rules are as follows:
- One If Bet can contain two to six individual bets.
- If Bets must be made prior to the start time of the earliest event.
- Bets do not have to be made in the order of each event's start time.
- The first bet's limit is set by the house.
- Additional bets in the sequence use the bet amount of the first bet or a less amount.
- The first bet is always placed unless it is considered a no action event.
Single Action specifies that the remaining bets in the sequence will only be placed if the preceding bet wins. If the preceding bet is a push or is cancelled for any other reason, then the remaining bets will not be placed.
Double Action specifies that the remaining bets in the sequence will be placed if the preceding bet wins, results in a push or is cancelled for any other reason. In other words, double action means that the remaining bets in the sequence will not be placed only if the preceding bet loses.