What is Reverse bet?
Have you heard of the term “reverse betting”? Unlikely. To be honest, this type of betting is not very popular and few players really know what this betting system is. In today’s article, we will share with you the most important things you need to know about reverse betting and how you could benefit from it.
In concept, reverse betting is similar to “if bets”, where you bet a certain amount on two teams in two different matches. If the first team wins (in “if bets” you choose one of the two meetings as the “first”, it is a sort of “hard bet”), then you automatically bet an equivalent amount on the second meeting. The problem with “if bets” is that if the first match you specify is bad, then you have no control over the next one and automatically lose the bet. Whereas this problem with the “reverse bet” is solved very simply. In this case you can make the equivalent of two “if bets” through it. We will give you a clear example so you can understand what reverse betting and if bets actually are.
If you make a £110 “if bet” and the first team loses its match, then your bet is over and you lose your £110 because even if the second match comes out, the result of the bet will be 1 win and 1 loss, which means you lose your incoming bet. So in this case it is better to make a “reverse bet” instead of an “if” bet. In fact, “reverse betting” is two separate “if” bets. In this case it would be 2 x £55 bets. But what is the purpose of this equation?
Suppose you are betting on American football and you decide to play an “if bet” on a line of -7 for the Buffalo Bills and over 43 in the Kansas-Miami game. If the first game is a winner, then you will be able to play for the second, but if the bet is unsuccessful, then your money is done. In fact, you can apply a “reverse bet” in all types of team sports – basketball, volleyball, hockey, football, etc. But we should point out that this type of betting is extremely popular in the USA and Australia, where rugby is revered. If you are into adrenaline-filled betting like horse racing be sure to understand all the rules of the sport including Dead heat.
However, if you decide to play with a “reverse bet”, then for the first match your bet will be the same value of £110, but divided into 2 x £55. This guarantees that no matter the final outcome, you will have a chance of not losing your incoming bet in the 1-1 (guessed/lost bet) situation described above.
Reverse bet scenarios
Let’s take a look at the three possible scenarios for a reverse line bet of -7 on the Buffalo Bills and Over 43 in the game between Kansas City and Miami:
- Possible scenario 1: You win both bets. Buffalo covers the spread, and Kansas City’s running game goes over 43 points. This is the best case scenario. Then you win the maximum of the reverse bet and in this case with a bet of 55, they actually have 4 successful bets of 55, which means £200 profit.
- Possible development 2: Buffalo covers the spread, but the Kansas game ends under 43 points. In this case you have 1 won and 1 lost game. That means you have 2 reverse bets – one on Buffalo and one on Kansas over 43 points, which is placed first. So, in this case you lose your £55 bet on the first game and win £50 on the second, effectively only losing £5 from the bank as your “reverse bet” on the second game covers you. Whereas with the standard “if bet”, success depends on which team you have chosen as “first” and if you have made the wrong choice, it could prove fatal to your entire bet.
- Possible development 3: Both matches do not go through. Then you lose your entire bet.
Minimize your risk bets with back and lay betting if you are not in the mood for reverse bets.
In summarize :
Realistically, the only difference between reverse betting and “if wagers” is when you have 1 winner and 1 loser. Reverse betting limits your losses to a minimum, whereas with an “if bet” there is a certain amount of risk associated with which match is “first” and to a large extent your entire bet depends on its outcome. This is the place to note that a “reverse bet” does not save us money or increase the possible profit when we win each side of the bet, but it does eliminate the risk of whether we made the right choice for the “first match”.