If bets are one of the exotic bets that you can find at pretty much any sports book you will find. An if-bet is a little more complicated then a regular wager. When you make an if bet, the team you are betting has to win for you the bet to continue. If bets allow you to place several wagers at once.
How if-bets work – you are able to bet a series of games, and place if-bets on the. For example, if you like a team, and you bet on them, you can place an if bet on future teams. Let’s take the National Football League for example. First, you like the Chicago Bears -6, so you place $50 on them to win $45. You decide, you also like the Carolina Panthers +5.5 so you place an if bet on them, along with the Bears. If the Bears win, your Panthers bet is in place. For the Panthers bet, you have the chance to bet only what was wagered in your previous bet. So on the Panthers game; you have the chance to wager $95 to win $89.50. Let’s say your streak continues – you also like the St. Louis Rams +10. Now you have the chance to wager up to $174.50, which is all of the money you have wagered and won to this point. If bets can continue for as long as you would like them, but the first game that loses, you lose. Also, you do not have to wager all of the money you have won and bet on to that point – each game has a separate amount. So you can if-bet two separate games after your first win, if you would like.
If bets can be found in pretty much any sport that you want to wager on. The National Football League and NCAA Football appear to be the most popular events to wager on, and especially in if-bet form. You also have the chance to do if-bets on other sports, such as Major League Baseball, National Basketball Association and National Hockey League. During a long day of action, sports bettors seem to get quite a bit of enjoyment from wagering on games during all three time periods. For example, a college football game at noon, another at 3:30 and another at night. The action is not only exciting on the field, but after a win, or two – the third game gets exciting with that amount of money on the line.
Be sure to check out if-bets in the -exotic bets- of your favorite sports book. If bets are not a great bet, but they give you an opportunity to win some pretty decent money, but capping the amount you could possibly lose. If you throw three teams into an if-bet, and they all lose, you only have a little amount that you could lose; as opposed to lose three different amounts if you were to bet them separately.