If Bets




An if bet consists of two (2) to five (5) straight bets joined together by an if clause which determines the processing of the wager. If the player’s first selection complies with the condition, then the second selection will be processed; if the second selection complies with the condition, then his third selection will be processed and so on. Only full games for football, basketball and baseball are allowed to be used on if bets. Neither hockey nor any other sport is allowed. Each condition will depend on the type of if bet. As soon as one selection loses the bet will stop there. Please be advised that on each straight bet made in the if bet, the amount has to be the same or less than the previous one. How do you recognize the amount? When the juice is + (positive) the amount goes to the lay (risk). When the juice is – (negative or minus) the amount goes to the win.

There are two types of if bets:

• Single Action, where the condition of the if clause is “if wins only”.

• Double Action, where the condition of the if clause is “if wins, ties or the game is canceled”.

Each straight bet in the if bet must be for the same amount or less than the previous one; it is not allowed to change each subsequent bet to a higher amount.

Since this type of wager is based on conditions, there is a maximum risk (which is the highest amount at risk) and a maximum win (which is the sum of all payouts of every single-bet) for each bet.


Examples:

 
3-Team If Bet, Double Action
Selections Risk / Win
Atlanta Hawks -5 -110 $110 / $100
Green Bay Packers -10 -110 $110 / $100
Saint Louis Cardinals   -190 $190 / $100
  $190 / $300
  total risk/win
 

The bet can be read as:

The player has a 3-team if bet, double action. The first straight bet is…
Straight Bet
#1 Selections Risk / Win
Atlanta Hawks -5 -110 $110 / $100
 


If the straight bet on the Hawks wins, ties or cancels, then the player has an active bet on…
Straight Bet
#2 Selections Risk / Win
Green Bay Packers -10 -110 $110 / $100
 


If the straight bet on the Packers wins, ties or cancels, then the player has an active bet on…
Straight Bet
#3 Selections Risk / Win
Saint Louis Cardinals -190 $190 / $100
 


The possible outcomes are…

Case #1: If all picks are winners, the player gets paid a total of $300.

Case #2: If the first pick loses, the player gets charged $110 and the rest of the straight bets are not activated.

Case #3: If the last pick loses, the player gets paid $200 (from the first 2 picks) and is charged $190 (for the last pick) for a net win of $10.

Case #4: If the first and last picks win and the second is a PUSH, the customer gets paid $200. The $110 at risk for the second pick is refunded.