What Is A Reverse Bet?

In the world of sports betting, we along with many other handicappers are always attempting to find new ways of being creative, when placing our bets. Over the course of a few months, casual bettors can quickly learn the ins and outs of the betting industry, by placing a variety of different bets. One bet that is made mainly by sharp bettors is the bookie software specialty bet, known as reverse bets. Today, we’ll be looking at why a reverse bet can appeal to casual bettors and sharp bettors equally.

Reverse bets are like a distant cousin at a family reunion, often forgotten. Essentially, reverse bets are avoided like the plague by casual bettors, because the concept behind them is quite confusing. However, like walking over and talking to that distant cousin, a reverse bet actually can turn out to be pretty good for you. In fact, reverse bets can be safer bets for you, then your typical parlay or teaser exotic wager. But what exactly is a reverse bet?

To understand what a reverse bet is, you have to understand what an if bet is. An if bet is a type of parlay, in which you get paid regardless of a win or a loss. Basically, you pick two NFL games, and wager on them as one single bet. In order for the if bet to pay you out for both games, the first game has to win, and then the winnings carry over to the second bet. However, if the first game wins and second game loses, because it was an if bet instead of a parlay, you will be given the winnings of the first game, but not for both games. How this relates to a reverse bet, is that a reverse bet is two if bets. That is to say, a reverse bet takes into account the combinations of two if bets.