Can anybody tell me what the flip a "reverse action" play is???? From what I can tell, you need to choose at least 2 teams, like a parlay, and the odds seem the same as a parlay. Can't see the difference....anybody know???
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REVERSE IF BETS
A Reverse is a double action IF bet (if win bet or if win or tie bet). The same rules apply to the reverse if win as apply to the regular if win.
For example: Dallas -7 $110 to win $100 IF WIN ACTION then Miami +4 $110 to win $100.
With a Reverse IF bet, the client has Dallas -7, and if that wins push, no action, or cancelled, the client will also have Miami +4, AND the client has Miami +4 and if that wins push, no action, or cancelled, the client will have Dallas -7. It is basically a two sided IF bet.
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Reverses
A reverse bet is a series of IF bets going both forward and in reverse order. Each team included in the reverse bet will pair with the other team in order to form two IF bets.
For Example: (using Football and Baseball):
The First Part:
Philadelphia Eagles -8 $110 to win $100 Double Action (If win, push, no action, or cancelled)
Then
Cleveland Indians (-175) Risk $110 to win $63
Second Part:
Cleveland Indians (-175) $110 to win $63 Double Action (If win, push, no action, or cancelled)
Then
Philadelphia Eagles -8 Risk $110 to win $100
Total risk- $220 (maximum risk) to win $326
Possible outcomes:
If the Eagles and the Indians both win, you will win $163 on the first part of the wager and $163 on the reverse part, for total winnings of $326.
If the Eagles win and the Indians lose, you will lose $10 on the first part of the wager and $110 on the reverse part, for total losses of $120.
If the Indians win and the Eagles lose, you will lose $110 on the first part of the wager and $47 on the reverse part, for total losses of $157.
If one team pushes, is no action, or is cancelled and the other team is a loss, you will lose $220.
If one team pushes, is no action, or is cancelled and the other team wins, you will either win $126 (63+63) for the Indians or $200 for the Eagles (100+100).
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