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Over the very last couple of years you have read about or heard of financial terms such as derivatives, hedge funds, insider trading, safe online football gambling agent call and put options and other Wall Street phrases. Some have a derogatory reputation in line with the output of folks that abuse them. Perhaps the most clouded and unregulated of these instruments of deception will be the hedge fund managers who deal in derivative trading and creative financing. Also they can derive or create a financial instrument based on two or maybe 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 as well as cross over sports wagers - a parlay based on sports 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 derived from team 1 winning first half of your derivative bet and after that team 2 winning the other half of your wager. The better teams or totals used in the wager the larger the payout however the harder to win. To win a parlay you have to win each bet.
A reverse bet is much like a parlay though the payout is often double if both teams connect within your wager. The popular teaser wager permits you to add or subtract points with your teams involved in your selection. An IF bet presents the fact that IF team A wins, your IF wager automatically goes to your next selection. One is produced from another.
Remember, many professional bettors consider these derivative style of bets or sometimes called exotic bets as risky and a"suckers bet". It relies on 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 your one timer.