Back to Encyclopedia
Reverse
sports bettingA reverse bet is a type of wager that consists of two 'if bets' placed in reverse order. This means the outcome of the first bet determines if the second bet is placed, and vice-versa, effectively creating two separate conditional wagers.
The Daily Heater
Best odds across 15+ sportsbooks, delivered daily.
Key Takeaways
- 1A reverse bet is a type of wager that consists of two 'if bets' placed in reverse order. This means
Reverse
A reverse bet is a type of wager that consists of two 'if bets' placed in reverse order. This means the outcome of the first bet determines if the second bet is placed, and vice-versa, effectively creating two separate conditional wagers.
Example
A bettor places a reverse bet on the Lakers and the Celtics. If the Lakers win, the bet on the Celtics is placed, and if the Celtics win, the bet on the Lakers is placed.
