An If bet allows you to enjoy sports betting with a certain degree of insurance because each individual wager is conditional upon the outcome of another. Therefore, if one of the wagers loses, then the play will not continue and you will not have to risk your sports betting funds on the remaining plays.
When you enjoy online sports betting here at Sports-Gambling.com you have two options for your If bets: If Win Only and If Win Tie.
If Win Only Bets
Sports betting with an if win only bet involves selecting between two and six individual sports betting wagers (sportsbook betting sides or totals). The wagers are considered independently and each bet must win in order for there to be action on the following bet.
Furthermore, when you are sports betting with if bets, the individual wagers must be organized so that any match up will have completed by the time the next one begins. For example, imagine a sports betting situation in which you wager with an if win only bet on the Patriots -7, risking $110 to win $100, and the Bears -6, risking $110 to win $100.
If the Patriots fail to cover the sports betting spread, then you will lose your $110 Patriots wager and have no action on the Bears. If the Patriots cover the sports betting spread and the Bears do not, then you win $100 on the Patriots and lose $110 on the Bears, leaving you with a net los of $10.
If both sports betting picks cover the spread, then you win $100 on the Patriots and $100 on the Bears, leaving you with $200 in net winnings.
If Win, Tie or Cancel Bets
The only difference between online sports betting with this type of if bet and the previous one is that with if win, tie or cancel bets you have action on the second bet if your first bet wins, ties, or is cancelled, as opposed to simply winning.
Therefore, in some instances you will not use your sports betting winnings from the first bet in the second bet, because the first bet may have tied or cancelled. Considering the previous Patriots-Bears example, if the Patriots were to push or if their game was cancelled, then you would still have action on the Bears bet.
Sports-Gambling.com does not allow sports betting with If Bets on any of the following:
- Soccer Favorite goal line and total OVER of the same game
- Soccer Underdog goal line and total UNDER of the same game
- Soccer Draw line and total OVER or UNDER of the same game
- Hockey Favorite goal line and total OVER of the same game
- Hockey Underdog goal line and total UNDER of the same game
- Baseball Favorite Run Line and total OVER of the same game
- Baseball Underdog Run Line and total UNDER of the same game
- Football Favorite side and total OVER of the same game when ratio between the side and total is less than 3/1
- Basketball Favorite side and total OVER of the same game (managers discretion)
The advantage of sports betting with an if bet is that it significantly reduces your exposure to losses. Because the second wager will only be placed if you win the first one, the maximum amount that you can lose is the amount of the first wager. If the first wager wins, then the original money is used to place the second wager.
Consequently, this wager type is particularly useful when your online sports betting bankroll is low, because you can use the same funds to wager on up to six different games.