How Does a Win Reverse Bet Work?
How Does a Win Reverse Bet Work?
While a Win Reverse bet sounds like the casino taking your money back from you after a successful wager, they’re very closely linked to Action Reverse bets and If Win Only Bets. However, there is a key difference between these betting types, which greatly affects how you should use them when making them.
With the need to have Win Reverse bet explained, as well as tips on how to use them profitably.
What Is Win Reverse in Betting?
A Win Reverse bet is similar to an If Win Only bet, but the action goes in both directions. In an If Win Only bet, the bets are made sequentially, so if one loses, the chain is broken, and no more bets are made. However, in a Win Reverse bet, multiple If Win Only bets are made, meaning that if one selection loses, you don’t lose out on the profits of the next selection if it wins.
As you can’t go back in time to place a wager on a game once you know the result of a game that takes place after it, bookmakers will lock in the first game’s bet and will apply any winnings or losses after the result of the later game has been determined.
While this increases your maximum reward, it also increases your maximum losses, as your bet amount must cover the number of selections in your bet. For example, if you want to make a $100 Win Reverse bet with three selections, your total risk will be $300. Therefore, you need to consider how much of your bankroll you want to risk on these bets.
In a two-selection Win Reverse bet, there are five possible outcomes:
🔷 Both teams win, so both bets of both If Win Only bets come in and you make the maximum amount of profit possible.
🔷 One team wins, and another loses, so depending on the odds of each wager, you may make a profit or incur a loss.
🔷 Both teams lose, so you lose your entire stake.
🔷One team wins, and another is a push, so you profit from your winning bet.
🔷One team loses, and another is a push, so you lose from your losing bet.
The major difference between a Win Reverse bet and an Action Reverse bet is that if one of the selections is a push, the sequence is broken, and the next bet is not placed.
If you want to make a Win Reverse bet of three or more selections, then the selections are broken down into sets of If Win Only bets. For example, here’s what a three-selection Win Reverse bet would look like:
- A > B
- A > C
- B > A
- B > C
- C > A
- C > B
It can be quite complicated to follow, so let’s take a look at some examples of the two-game Win Reverse bets.
Examples of Win Reverse Bets
In all of our examples, we want to bet on Philadelphia to win their games. They’re both priced at -110, and we decide to make a $110 Win Reverse bet on the two teams to win. As our selection contains two teams, we have a maximum risk of $220 and a maximum win of $400.
In the first example, both NFL teams win, so let’s take a look at how we arrive at the maximum win of $400.
As each Win Reverse Bet is a collection of If Win Only bets, we can break down our $220 total risk into each bet amount.
If Win Only Bet #1
⚫ $110 on Seattle at -110 > Philadelphia
⚫ Seattle wins, giving us a $100 profit, and triggers the second bet.
⚫ Philadelphia wins, giving us a $100 profit and a $200 total profit for this If Win Only bet.
If Win Only Bet #2
⚫ $110 on Philadelphia at -110 > Seattle
⚫ Philadelphia wins, giving us a $100 profit and triggers the second bet.
⚫ Seattle wins, giving us a $100 profit and a $200 total profit for this If Win Only bet.
Overall, we make a total profit of $400 from this Win Reverse bet.
“But how is that possible?” I hear you ask, “How can you have sequential events in reverse order?” Well, as we mentioned above, the first game in the sequence is locked in by the bookmaker, pending the result of the second bet. If the first bet loses and the second bet wins, the losses from your first bet are automatically deducted from the winnings of the second bet. If the second bet loses, the first bet is considered void, as there are no winnings to deduct from.
In the second example, our first bet loses, and our second bet wins. Let’s see how that affects our total profit.
If Win Only Bet #1
⚫ $110 on Seattle at -110 > Philadelphia
⚫ Seattle loses, giving us a $110 loss.
⚫ The second bet doesn’t trigger, so this If Win Only bet has a total loss of $110.
If Win Only Bet #2
⚫ $110 on Philadelphia at -110 > Seattle
⚫ Philadelphia wins, giving us a $100 profit and triggers the second bet.
⚫ Seattle loses, giving us a $110 loss and a $10 total loss for this If Win Only bet.
Overall, we make a total loss of $120 from this Win Reverse bet.
As you can see, if the first game loses, the result of the first bet is deducted from our winnings from the second bet. But what happens if one of the games is a push and the other is a win?
If Win Only Bet #1
⚫ $110 on Seattle at -110 > Philadelphia
⚫ Seattle wins, giving us a $100 profit, and triggers the second bet.
⚫ The Philadelphia game is a push, meaning that no bet is made. Our overall profit for this If Win Only bet is $100.
If Win Only Bet #2
⚫ $110 on Philadelphia at -110 > Seattle
⚫ The Philadelphia game is a push, meaning that no bet is made. As this is a Win Reverse bet, the second bet doesn’t trigger.
⚫ This means we do not lose or win any money from this If Win Only bet.
Overall, we make a total profit of $100 from this Win Reverse bet.
If one of the games is a push, then the next game in the sequence doesn’t happen. Therefore, the bet essentially becomes a straight bet on the game that takes place, and any profit or loss will be equal to that game’s profit or loss.
Also learn about Point Spreads Betting Tips and Tricks
Tips For Using Win Reverse Bets
With Win Reverse bet explained, how it works, and how to use it, here are some helpful tips that will ensure you use them effectively in your strategies with betting types.
Pros and Cons of Win Reverse Bets?
While Win Reverse bets do have their advantages, they also have some downsides, so we’ve listed the pros and cons of using these bets to help you decide if they’re right for you.
🔷 Pros
🔶 Cons
Why You Should Use Win Reverse Bets
Win Reverse bets are a great way to maximize the amount of money you can make from your selections, even if bets lose early in your sequence. However, these bets will increase the amount of risk you take on, and the more selections you include, the greater that risk. That’s why it’s important to weigh your risk tolerance before committing to making these kinds of bets.