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Sports Betting 101 - Reverse Bets
A reverse bet is two or more "If bets" where your action is covered both ways. It's similar to boxing an exacta or lottery numbers.
If you bet a 2 team reverse, you are betting two separate "If bets" as follows:
Bet A - IF - Bet B
and
Bet A - IF - Bet B
Let's say both bets (A and B) are risking $110 to win $100.
If both bets A and B win, the player will win $400 and get back $620 ($400 plus the $220 risked).
If just one bet wins (A or B), the bettor will lose $120 ($110 on the first and $10 on the second) and get back $100.
If both bets lose, the bettor will lose $220.
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