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Action Reverse Betting

 What is a Reverse?

At BetUS, a Reverse bet is an Action Reverse wager. The terms can be used interchangeably for our purposes.

An action reverse, in the simplest of terms, is two If-Bets on the same teams, placed both ways. Instead of just, “If A wins or pushes, then place B,” you also have, “If B wins or pushes, then place A.” 

Reverses are a combination of 2-8 teams where every possible two-team combination is made into an If-Bet and also reversed the other way around. Every team in a Reverse will pair with every other team in the Reverse to form two If-Bets and Reverses always have Double Action.

How Does Reverse work?

The chart below shows you how many If-Bets will be in any Action Reverse from 2-8 teams.

TEAMS If-BetS
2 2
3 6
4 12
5 20
6 30
7 42
8 56

 

Specific to this wager type, a reverse requires you to enter a WAGER AMOUNT, as opposed to a RISK or WIN amount. When entering a wager amount, there are two factors at play:

I) When both teams in any if-bet created in a reverse are underdogs or Even odds, the wager amount will equal the risk amount.

II) When any team in any if-bet created in a reverse is a favorite, the risk amount will be the amount needed in order to win the wager amount entered.

Here is an example of an Action Reverse with three teams and a $10 entered wager amount*:

Team A (-300)     +      Team B (+300)     + Team C (Ev)

1st If-Bet Risking $30 to win $40

Team A (-300) Risking $30 to win $10

Team B (+300) Risking $10 to win $30

($30 restricted from account in order to place wagers)

2nd If-Bet Risking $30 to win $20

Team A (-300) Risking $30 to win $10

Team C (Ev) Risking $10 to win $10

($30 restricted from account in order to place wagers)

3rd If-Bet Risking $10 to win $40

Team B (+300) Risking $10 to win $30

Team C (Ev) Risking $10 to win $10

($10 restricted from account in order to place wagers)

4th If-Bet Risking $30 to win $40

Team B (+300) Risking $10 to win $30

Team A (-300) Risking $30 to win $10

($30 restricted from account in order to place wagers)

5th If-Bet Risking $30 to win $20

Team C (Ev) Risking $10 to win $10

Team A (-300) Risking $30 to win $10

($30 restricted from account in order to place wagers)

6th If-Bet Risking $10 to win $40

Team C (Ev) Risking $10 to win $10

Team B (+300) Risking $10 to win $30

($10 restricted from account in order to place wagers)

Entered Wager Amount: $10

Number of If-Bets: 6

Total Amount Risked: $140

Total Amount to Win: $200

*For each If-Bet, there are two possible risk amounts (one for each way). The higher of the two will be the Risk amount that is restricted from your account at the time of placing the wager. By restricting the higher risk amount when the wager is placed, you will have enough to cover both wagers in each If-Bet.

The maximum potential loss amount will be the risk amount restricted from your BetUS sportsbook account when you place your wager. After all corresponding events have finished, the appropriate win or loss amount will be applied.

If any participating game is canceled or otherwise declared No Action, any Action Reverse wagers with plays on the canceled game will be reduced. A three-play $100 Action Reverse wager will become a two-play $100 Action Reverse wager. Then, assuming standard odds, a two-play $100 Action Reverse wager will become a straight bet at $110 to win $100. If all plays are canceled, your Action Reverse will have no action and all associated funds will be refunded immediately.

Wins Pushes Losses Win/ Loss Amount
3 0 0 Win $1200
2 1 0 Win $800
1 2 0 Win $400
2 0 1 Win $160
0 3 0 No Action
1 1 1 Lose $140
0 2 1 Lose $440
1 0 2 Lose $460
0 1 2 Lose $660
0 0 3 Lose $660

 

Why Place a Reverse Bet?

Compared to a parlay: Although a parlay payout is higher on the same potential risk amount, the advantage of a reverse is that it reduces the advantage to the house on a per outcome basis. You stand a better chance of winning at least something.

Compared to single wagers: As compared to placing single wagers, a reverse gives you the same potential win amount, but has a lower downside. You reduce the house expected win amount, reduce your maximum loss possibility, all while keeping your same maximum win amount. 

H3: How to Place a Reverse Bet:

Go to the sportsbook page at BetUS. If you only want to see the lines for one sport, such as football, click the football link in the menu on the right to see what options are available for wagering on football. The options will show up in a dropdown menu underneath the main football tab.

If you want to bet on NFL, click on it and the available games will show up in the middle of the page in what is called the betting engine. Choose which NFL events you would like to bet on by clicking on the odds displayed in the betting engine. After your choice loads, you will see it in the right hand column under Bet Slip.

To choose another sport to add to your ticket, go back to the Sports column on the left and click another sport. Choose again from the available events and add them to your Bet Slip. Only full game lines or series are allowed for exotic wagers, which include reverses. 

Note:

The system will automatically inhibit you from choosing two correlated wagers on the same game. For example, choosing Team A to win on the point spread and also on the moneyline. You will only be able to choose one or the other, as they are otherwise too similar (correlated) to allow on the same ticket.

All your chosen events will be listed in the Bet Slip with your wager options above.

As you are choosing your events, you will see wager options for placing a Parlay, If-Bet, Reverse and Teaser in the Bet Slip. Straight will be the default wager type until you choose something else. Whatever wager type the Bet Slip is set to will be grey, as below.

Action Reverse Betting - Bet Slip

Click the Reverse button and you will see all your selections listed in the Bet Slip. By entering a wager amount, your maximum Risk and maximum Win amounts will automatically be generated for you.

Action Reverse Betting

To add more selections or an event from another sport on the menu, just bring up the lines for that sport in the betting engine again and select another event. The Bet Slip will add that event and keep itself in Reverse mode. If you have already entered a wager amount, the Risk and Payout amounts will automatically readjust with the new event’s odds.

Placing the Bet

To place your bet into the system, click the Place my bets button under the Bet Slip:

Action Reverse Betting - Wager Confirmation

Here, your BetUS Bet Slip gives you one more chance to view your pending wager before it is placed. This includes the game information, lines, and Risk and Win amounts. To confirm your wager, simply click Confirm.  After you do this, you will be unable to change your wager and BetUS will be unable to cancel it.

Action Reverse Betting - Important Note

Once your wager is confirmed, the Bet Slip will again show you all your wager details and ask you to print a hard copy of your Slip. In case of emergency or other circumstance, no internet claims will be honored unless a printed copy of bets in question is supplied.

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