Marlon Kasper asked 6 months ago
Over the very last couple of years you have read about or heard about financial terms such as derivatives, hedge funds, insider trading, call and put options as well as other Wall Street phrases. Some have a derogatory reputation in line with the output of individuals who abuse them. Perhaps the most clouded and unregulated of these instruments of deception are the hedge fund managers who deal in derivative trading and creative financing. Also they can derive or create a financial instrument determined by two or even more investments coming together to bounce off one another for greater profits — thus one derived from another. The same strategy or derivative is employed in Sports Betting.
Sports bettors know these derivative sports bets as Parlays, Teasers, If Bets, Reverses and some Proposition bets along with cross over sports wagers – a parlay based upon sporting events from different sports occurrences.
A parlay is determined by two or even more teams you select to win or using the over or under totals. The payout is produced from team 1 winning first half of your derivative bet and then team 2 winning the other half of your wager. The greater teams or totals employed in the wager the larger the payout however the harder to win. To win a parlay it’s important to win each bet.
A reverse bet is much like a parlay however the payout can be double if both teams connect within your wager. The extremely popular teaser wager enables you to add or subtract points with your teams involved in your selection. An IF bet explains that IF team A wins, your IF wager automatically goes to your next selection. One is produced from another.
As always, many professional bettors consider these derivative style of bets or sometimes called exotic bets as risky and a”suckers bet”. It is dependent upon your risk-reward tolerance for larger profits against higher odds of probability. Hitting a 3 team parlay at 6 to 1 odds is just a little more exciting than getting even money for gambling your one timer.