What is an Action Reverse Bet?
What is an Action Reverse Bet?
An action-reverse bet, or a reverse bet, is a more advanced and flexible version of if bet, A bet type that connects all of your bets that are conditional on the one before it. As you know, the order of selections has an important influence on the potential payout of an if bet. If you lose on your first if bet, it makes no sense for you to win all the rest of the selections. The appearance of a reverse bet is to eliminate that possibility.
To be precise, reverse bet allows if bets to work in all possible directions. In other words, it gives you the opportunity to place an if bets regardless of order of selection. If in an if bet, the first choice is always the most important because it facilitates the next options to come into play, then in a reverse bet, every choice is treated as the first choice. Therefore, players will have a higher chance of winning using a reverse bet instead of an if bet with the same selections.
It sounds like the odds provider will be at a disadvantage and players will benefit from this. However, sportsbooks are smarter than you think. To balance the betting market, your bet will be multiplied by the number of permutations of your if bet selections. Assuming your if bet consists of two choices, your reverse bet will double because the number of permutations of 2 is 2. If your if bet consists of 3 choices, your bet is 2. you will increase by 6 because the number of permutations of 3 is 6.
What is the Difference Between an If Bet and a Reverse Bet?
As explained above, a reverse bet is the sum of all the possibilities of an if bet. Thus, it allows you to approach winning an if bet in every possible way.
To win an if bet in the usual way, you need to win all of your selections one after the other, from the first to the last. If any of your selections don't win, you lose if bet on exactly that choice, and the payout will be calculated immediately.
However, reverse bets allow you to reduce your risk by combining different if bets based on permutations of choices. For example, if you are placing an if bet in the order of choice AB, you could double your bet and choose a reverse bet made up of two pairs of if bets with the order of choice times are AB and BA respectively. Then you will have more chances to win the bet. In return, you will have to bet twice as much as you intended to in exchange for that chance.
Action Reverse Bets Examples
Consider the following two NFL games on a betting board: the New Jersey Devils (-4) vs. the Carolina Hurricanes (+4) and the Florida Panthers (-3) vs. the San Jose Sharks (+3). Let's say we put $100 on the Hurricanes (+4) and the Panthers (-3) in a two-team parlay, the payoff would be $264.64 if both teams won, or we'd lose the entire $100 wager if either or both teams lost. Rather than taking that risk, we may place a reverse bet as follows:
- Bet #1 Hurricanes (+4, -110) $50 to win $45.4545.
- If win, push, tie, or canceled –Then: Panthers (-3, -110) $50 to win $45.4545
- Bet #2 Panthers (-3, -110) $50 to win $45.4545.
- If win, push, tie, or canceled – Then: Hurricanes (+4, -110) $50 to win $45.4545
When you put the two bets above on the same ticket with the reverse bet wagering option, you reduce the possibilities of loss on both sides using the "double if bet" while increasing the odds of income if the results don't go as planned on either side.
According to the above example, the following are the possible consequences of the wagering slip:
- If both teams lose, you would lose your $100 stake
- If both teams win, you would win $45.4545 four times, which totaling to $181.82
- If one team wins and the other one loses, you would win $45.45. But also, since you moved your $50 return of stake to the team that lost (adding $50 stake on that also lost), the calculations would be as follows: (+$45.45) + (-$50) + (-$50) = -$54.55.
What Should Players Choose: Parlay, If Bet, or Reverse Bet?
For beginners, betting with reverses and if bets are not the ideal approach since it is difficult to comprehend how they function. It may be more beneficial for skilled bettors who understand how to avoid risks. The reason is that Reverses and If Bets provide significant advantages for them.
The main benefit of these bets over parlays is that they can give a return on the stake even if the player does not win on all of the selections. Thus, parlays carry a much higher risk than the other two types of bets. If you want to compare the risk of reverse bets and if bets, the reverse bets is even less risky than the if bets since it offers you a second chance of winning due to permutations of choices. However, most gamblers do not favor reverse bets given their unimpressive profit potential.
In conclusion, all three of these bets should be used only by experienced bettors. Which of them to use depends on your self-assessment of how much risk you can accept and the profit potential you want. In order to parlay>if bet>reverse bet, you will receive a decreasing payout, but in return, the level of risk also decreases.
Action reverse bet is a complex type of bet. However, it can offer a certain level of security and acceptable payouts for professional bettors. We hope that this article was able to help you understand how it works, and the advantages and disadvantages of this type of bet compared to its brethren, If Bet or Parlays. Also, if you have any questions regarding topics in the world of online sports betting, you can find a variety of in-depth how-to articles on our website.