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A rule of thumb in sports betting is to always understand the type of wager before placing it. Thatโs fair, considering that various options exist, one of them being an action reverse bet.
These bet types are complicated at first glance because they work hand-in-hand with another type of wager โ the โif bet.โ But donโt worry; itโs not as complex as it sounds. In this guide, I will break down an action bet, explaining its meaning, how it works, how to place it, and other essential details you need to get started.
To understand an action reverse bet, you must have a good idea of how if bets work.
An if bet is based on the basic idea of predicting the outcome of an event. They are a type of parlay that always consists of two to seven selections. However, unlike parlays, if bets are executed one after the other.
To illustrate what I mean, consider a parlay with the following picks:
Game | Your Selection |
---|---|
Kansas City Royals (+120) vs Cincinnati Reds (-145) | Cincinnati Reds (-145) to win |
Washington Nationals (+220) vs Philadelphia Phillies (-275) | Philadelphia Phillies (-275) to win |
These two games are same-day events. The Royals are to play the Reds first, then later in the day, you watch the Nationals go against the Phillies. Keep in mind that you canโt make an if bet on games occurring simultaneously. One has to come before the other.
If this is an if bet, you place a single wager, let’s say $10. You don’t need to worry about the bet amount of the second pick because it depends on the outcome of the first selection.
Now, consider two scenarios where the Reds wins and loses.
Donโt mistake the action reverse bet for a teaser. If youโre wondering, โwhat is a teaser bet,โ here’s your answer: this is a type of wager where you can adjust the point spread in your favor in exchange for lower odds. You can read up on this bet type if you’re interested in learning more.
An action reverse bet involves placing if bets in pairs, but they go in opposite directions. It operates on these principles:
The tricky part is this โ since team A plays first, how do you go back in time to place a bet in the second scenario. Basically, once you place the action reverse bet, the sportsbook locks your selection. As such, the second principle kicks in only after the second game has been played and you know the result of the wager.
Iโll give an example to illustrate. But first, I must note that since itโs more than one wager, you risk more money than you would when placing if bets. So, in the case of the parlay above, youโll spend $20 because the action reverse bet consists of two selections.
For this example, you make an action bet with the following selections:
You wager $110 on each pick; that’s $220 in total.
For the first bet: If the Twins, then the Rangers
For the second bet: If the Rangers, then the Twins
Similar to if bets, action reverse bets can contain more than two selections. The more picks involved, the higher the risk. On the bright side, more risk comes with more substantial payouts.
When discussing action reverse bets, another option usually comes up โ a win reverse bet. Both are quite similar, as you might have judged from their names, but there is a clear difference. So, what is a win reverse bet?
A win reverse bet consists of if only bet pairs that also go both ways. However, for the sequence to continue, the previous game must win. On the other hand, in an action reverse bet, the sequence can continue if the previous game was a push.
Hereโs a win reverse bet example:
You place a $105 on each pick; thatโs $210 spent.
For the first: If Jays, the Brewers.
Both win reverse and reverse action bets differ from round robin bets. For those wondering, โwhat is a round robin bet,โ I advice reading my comprehensive guide to learn how it works as its structure varies from the options I explained here.
The betting process is identical to placing any other type of bet. You only have to follow these steps:
Whether you prefer horse racing betting or wagering on other sports, you can always use an action reverse bet. Here are my top sportsbooks where you can place an action reverse bet:
Sportsbook | Welcome Bonus |
---|---|
Bet365 | First Bet Safety Net up to $1000 |
BetMGM | Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win |
Fanduel | Bet $5 Get $150 in Bonus Bets if your bet wins |
Caesars | 100% up to $1000 |
Like every betting option, you only get a payout if your prediction is correct. However, with the right tips, you can minimize risk and make more from your action reverse bet. Here are some tips to use:
Always shop for the best odds. I give the same advise to any bettor engaging in hedge betting or any other wagering option. Thatโs because you get better payouts when you back higher odds compared to those with lower values.ย
When making picks, opt for players or teams with decent winning chances. For instance, if you select a big underdog to win, the potential payout will be massive. However, you’ll likely lose that bet because that team has a high losing chance. Itโs best to pick sides with better winning odds. This way, that bet has a better chance of getting you a profit.ย
Placing several picks in an action reverse bet is appealing because it promises massive payouts if successful. But, the more your selections, the higher your bet amount and the chances of losing. So, don’t bank on the potential payouts, but consider the risk and how much you might lose and stick to fewer selections.ย
There are advantages to placing an action reverse bet, but it also has a drawback you should note. Below are the pros and cons:
Action reverse bets add an interesting twist to parlays. It also attempts to cushion losses, as the two if bets in each pair are not tied โ if one loses, you can cash out on the other one. However, an action reverse bet is best for intermediate and experienced bettors. If youโre a beginner, itโs best to fully grasp how if bets work before proceeding to action reverse bets.
Place an action reverse bet only if you have the bankroll to fund it and donโt mind taking risks.
No, an action reverse differs from a win reverse bet. Both have similarities, but the sequence in action reverse bets continues even if the game ends in a push.
A parlay is simply a combination of multiple bets. Each selection must win for the entire bet to pay out. An action reverse bet also combines multiple selections, but it includes more technicalities.
A reverse bet is a two-way if bet. There are two type of this betting option: a win reverse bet and an action reverse bet.
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