Sportsbetting fans always have a variety of wagers they can use to gamble on the sports betting odds. One of these wager types, known as “if” bets, gives sportsbetting fans the opportunity to place two wagers in which action on the second wager is conditional on success with the first wager. “If” bets constitute a wager option that many sportsbetting enthusiasts overlook, but the wagers can be quite useful in certain sports betting scenarios.
Sportsbetting with an “if” bet is quite simple as long as one already understands the concept with normal straight bets. An “if” bet combines two straight bets into a situation in which action on the second wager is dependent on the outcome of the first wager. For example, one could use an “if” bet for sportsbetting on two hypothetical sides: Lakers -5 and Heat +3. In this sports betting situation, the wager on the Heat would only be considered action if the wager on the Lakers wins.
However, sportsbetting fans have the option of placing an “if” bet that will permit action on the second wager only if the first wager wins, or if the first wager wins, pushes, or is cancelled. Therefore, if the Lakers wager loses, then, regardless of the sportsbetting fan’s choice, the wager on the Heat will be cancelled. If the Lakers bet wins and the Heat bet loses, then the sportsbetting fan will enjoy winnings from the Lakers bet but lose whatever was risked on the Heat bet. Finally, if both wagers win then the sportsbetting fan will enjoy the winnings from both plays.
An “if” bet therefore offers a unique sportsbetting opportunity for bettors to limit their losses. Such is the case because one cannot lose both wagers involved in an “if” bet, as the second wager will be cancelled if the first one loses. For instance, if a gambler had engaged in sports betting on the Lakers and Heat, as used in the example above, without an “if” bet, then the gambler may end up losing whatever was risked on each independent wager. But this maximum loss is minimized when sportsbetting with the “if” bet because that scenario becomes impossible. Moreover, the possibility of winning both wagers still remains, meaning sportsbetting fans do not have to sacrifice the possibility of earning a payout on both wagers.
Consequently, sportsbetting with an “if” bet is most logical when one wants to place wagers on several sportsbetting odds in a given day, without exposing himself to much sportsbetting risk. For instance, if a bettor’s bankroll is limited then this wager gives him a chance to gamble on several games without risking a large decrease in his bankroll.
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