If Win and If Action
IF Win bets are great options for money management. You bet a fixed amount on one team, if that team wins, then the same amount as your original bet is placed on a different team of your choice.
Example: You have a 2 team IF Win Bet for $11 on the Bears and Giants. If the Bears win, you risked $11 to win $10 and now another $11 wager is placed on the Giants. If they win, then you win another $10 for a total of $20 in winnings. If the Giants lose, then you have lost $1 because you won $10 on the Bears and you lost $11 on the Giants. If the Bears lose, then you have lost your original $11 and there is no bet on the Giants.
Example of a four team IF bet:
| |
Bears |
Giants |
Rams |
Cowboys |
Grand Total |
| Risk |
$11 |
$11 |
$11 |
$11 |
$11 |
| To Win |
$10 |
$10 |
$10 |
$10 |
|
| |
| Scenario 1 |
Win |
Win |
Win |
Win |
|
| Result |
+$10 |
+$10 |
+$10 |
+$10 |
+$40 |
| |
| Scenario 2 |
Win |
Win |
Win |
Lose |
|
| Result |
+$10 |
+$10 |
+$10 |
-$11 |
+$19 |
| |
| Scenario 3 |
Win |
Win |
Lose |
No Bet |
|
| Result |
+$10 |
+$10 |
-$11 |
|
+$9 |
| |
| Scenario 4 |
Win |
Lose |
No Bet |
No Bet |
|
| Result |
+$10 |
-$11 |
|
|
-$1 |
| |
| Scenario 5 |
Lose |
No Bet |
No Bet |
No Bet |
|
| Result |
-$11 |
|
|
|
-$11 |
| |
The first wager has to win for you to have action on the remaining wagers. If the first wager loses, there is No Action thereafter. Place 2 to 7 teams in an IF Win bet.
How is an If Action Bet Different?
The simple difference between an IF Win bet and an IF Action bet is in an IF Win bet the first wager has to WIN for the next wager to have action. In an IF Action bet each wager must WIN or PUSH (tie) for the next wager to have action. The PUSH (tie) would result in neither a win nor a loss for you on that particular game and we would continue on to the next wager in your bet, whereas, in an IF Win bet the bet would have been stopped at the Push.
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