fran12
I have never used if bets -- sounds interesting, but what would you have to bet on to have 3 100 parlays working (if) key won? and at what cost?
Hoping you can clarify this. TY
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fran12
I have never used if bets -- sounds interesting, but what would you have to bet on to have 3 100 parlays working (if) key won? and at what cost?
Hoping you can clarify this. TY
I found the rules at BoDog. They have worst lines, but great explanations LOL.
If Bets
Definition
An 'If' bet is a selection of two straight wagers joined together on one betting ticket by an 'if' clause. This type of wager allows you to increase your betting power and limit your risk by placing two straight bets on one betting ticket where your second bet will only have action 'if' your first bet in the sequence is successful. An 'If' bet will place the second bet immediately upon success of the first bet. An 'If' bet is also useful if you want to make more than one bet, but do not have adequate funds in your account to cover the second bet unless the first bet wins.
There are two types of action you can select when placing an 'If' bet, 'If Win Only' and 'Action'. 'If Win Only' means the second part of the wager only has action if the first part of the wager is a win. If the first leg is settled as a push, no action, or canceled the amount risked is returned to your Bodog account. 'Action' means if for any reason the first part of the wager is settled as a win, push, no action, or canceled the second part of the wager is then placed.
Example:
New England Patriots -8 $110 to win $100
Action (If win, push, no action, or canceled)
Buffalo Bills +4 $110 to win $100
Risk $110 (Maximum Risk) to win $200 (Maximum Win)
If the Patriots lose, the wager is a $110 loss and stops there. If the Patriots win, the account will be credited $100 and the wager continues with $110 wagered on the Bills. If the Bills win, the wager is a $200 winner and, if the Bills lose, the wager is a $10 loss. If the Patriots wager is a push, no action or canceled then the wager is essentially becomes a single wager, $110 to win $100 on the Bills.
Please note: The wager description will always display the MAXIMUM risk amount, being the most you can lose with a loss of the first or second of the two wagers, and the MAXIMUM win amount, being the most you can win with both wagers winning on the ticket.
If Betting Rules
Only two bets can be included in an "If" bet.
Circled games, parlays and teasers cannot be included in an 'If' bet.
An 'If' bet must be placed prior to the start time of the earliest event on the ticket.
The first bet amount may not exceed the normal house limit.
The second bet amount MUST EQUAL the amount of the first bet.
In an 'If Win' sequence, the second bet will not have action unless the first bet is a win.
In an 'If Action' sequence, the second bet will not have action unless the first bet is a win, push, no action, or canceled.
You cannot place 'If' bets including futures or props.
When placing an If-Bet with two different start times, the wager will be laid out according to the order in which the games appear on the wagering board. Therefore, the situation could arise, where the latter game appears on the first leg of the If-Betting slip. In order to switch the order of your picks, you must select "Switch my Picks", to bring the earlier game to the first leg.
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I found the rules at BoDog. They have worst lines, but great explanations LOL.
If Bets
Definition
An 'If' bet is a selection of two straight wagers joined together on one betting ticket by an 'if' clause. This type of wager allows you to increase your betting power and limit your risk by placing two straight bets on one betting ticket where your second bet will only have action 'if' your first bet in the sequence is successful. An 'If' bet will place the second bet immediately upon success of the first bet. An 'If' bet is also useful if you want to make more than one bet, but do not have adequate funds in your account to cover the second bet unless the first bet wins.
There are two types of action you can select when placing an 'If' bet, 'If Win Only' and 'Action'. 'If Win Only' means the second part of the wager only has action if the first part of the wager is a win. If the first leg is settled as a push, no action, or canceled the amount risked is returned to your Bodog account. 'Action' means if for any reason the first part of the wager is settled as a win, push, no action, or canceled the second part of the wager is then placed.
Example:
New England Patriots -8 $110 to win $100
Action (If win, push, no action, or canceled)
Buffalo Bills +4 $110 to win $100
Risk $110 (Maximum Risk) to win $200 (Maximum Win)
If the Patriots lose, the wager is a $110 loss and stops there. If the Patriots win, the account will be credited $100 and the wager continues with $110 wagered on the Bills. If the Bills win, the wager is a $200 winner and, if the Bills lose, the wager is a $10 loss. If the Patriots wager is a push, no action or canceled then the wager is essentially becomes a single wager, $110 to win $100 on the Bills.
Please note: The wager description will always display the MAXIMUM risk amount, being the most you can lose with a loss of the first or second of the two wagers, and the MAXIMUM win amount, being the most you can win with both wagers winning on the ticket.
If Betting Rules
Only two bets can be included in an "If" bet.
Circled games, parlays and teasers cannot be included in an 'If' bet.
An 'If' bet must be placed prior to the start time of the earliest event on the ticket.
The first bet amount may not exceed the normal house limit.
The second bet amount MUST EQUAL the amount of the first bet.
In an 'If Win' sequence, the second bet will not have action unless the first bet is a win.
In an 'If Action' sequence, the second bet will not have action unless the first bet is a win, push, no action, or canceled.
You cannot place 'If' bets including futures or props.
When placing an If-Bet with two different start times, the wager will be laid out according to the order in which the games appear on the wagering board. Therefore, the situation could arise, where the latter game appears on the first leg of the If-Betting slip. In order to switch the order of your picks, you must select "Switch my Picks", to bring the earlier game to the first leg.
If bets would take away what I think is the real power in this -- geting positive odds on three favorites when "key" wins.
Using if bets, you have to play all bets as straight wagers. May be a decent idea with dogs, but brutal with favorites IMO.
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If bets would take away what I think is the real power in this -- geting positive odds on three favorites when "key" wins.
Using if bets, you have to play all bets as straight wagers. May be a decent idea with dogs, but brutal with favorites IMO.
did results as if bets also. Rules state that only two teams in if bets, so would need to bet key 3 times and then use other teams if key wins:
100/41 then A 100/56 collect 97
100/41 then B 100/62 collect 103
100/41 then C 100/65 collect 106
---------------------------------
300 risk won 306
key parlay is 300 risk won 384
only difference is the money won -- same risk
if bet question -- I Pass
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did results as if bets also. Rules state that only two teams in if bets, so would need to bet key 3 times and then use other teams if key wins:
100/41 then A 100/56 collect 97
100/41 then B 100/62 collect 103
100/41 then C 100/65 collect 106
---------------------------------
300 risk won 306
key parlay is 300 risk won 384
only difference is the money won -- same risk
if bet question -- I Pass
I think maybe the only reason you may want to use an if bet is if your bankroll is way down and you see 2 or 3 games you want to bet but only have a small roll left.
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I think maybe the only reason you may want to use an if bet is if your bankroll is way down and you see 2 or 3 games you want to bet but only have a small roll left.
Fwd +1956
12/04 Day 56 level (3) $300
Key is Montreal with:
[A] Nashville 300/497
[B] Vancouver 300/508
[C] Dallas 300/581
Thanks Tuck -- not playing 100 base level -- playing half 50 base level -- still 150 each, so yeah -- c'mon Montreal!
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Fwd +1956
12/04 Day 56 level (3) $300
Key is Montreal with:
[A] Nashville 300/497
[B] Vancouver 300/508
[C] Dallas 300/581
Thanks Tuck -- not playing 100 base level -- playing half 50 base level -- still 150 each, so yeah -- c'mon Montreal!
After 56 days tracking this at level (1) = $100
(was not betting it in beginning) the results so far are:
[All based only on opening lines--Key = highest juice, A next then B & C]
Key team -- 39W / 17L = 69.64%
(A) team -- 36W / 20L = 64.29%
(B) team -- 35W / 18L = 66.04%
(C) team -- 29W / 16L = 64.44%
In Parlays, Key with:
(A) team -- 23W/33L= 41.07% <$543>
(B) team -- 24W/29L= 45.28% +$1,157
(C) team -- 20W/25L= 44.44% +$442
----------------------------------
Total Keys --67W/87L= 43.51% +$1,056
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After 56 days tracking this at level (1) = $100
(was not betting it in beginning) the results so far are:
[All based only on opening lines--Key = highest juice, A next then B & C]
Key team -- 39W / 17L = 69.64%
(A) team -- 36W / 20L = 64.29%
(B) team -- 35W / 18L = 66.04%
(C) team -- 29W / 16L = 64.44%
In Parlays, Key with:
(A) team -- 23W/33L= 41.07% <$543>
(B) team -- 24W/29L= 45.28% +$1,157
(C) team -- 20W/25L= 44.44% +$442
----------------------------------
Total Keys --67W/87L= 43.51% +$1,056
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