
An if bet is an ordered series of straight bets linked together.
The if bet offers a money management tool where the player can make multiple straight bets all by only placing at risk the bet amount of a single wager. The outcome of each straight bet determines if the next bet is placed or not.
Only the first bet item in an if bet is actually entered into action at the time the ticket is posted, all remaining items in the ticket are dependent on the outcome of its previous bet item.
"If" the first bet wins then the second bet will go into action, if the second bet wins then the third item will go into action, and so on.An if bet can include from 2 to 10 bet items in a single ticket. The bet items can be any kind of straight bet including spread, total, money line, run line, puck line, or tie.
Buying points are available with the same rules as for a straight bet. Items from different sports are allowed. Correlated items may not be allowed in the same ticket and some items may be exluded from this type of ticket.
The items can be sorted in any desired order, regardless of the actual game or event time. However, all items must be selected at the time the ticket is posted.
Two types of if bets are offered, either "If Win Only" or "If Win Push (Double Action)".
For "If Win Only" tickets, each dependent item is only placed into action if the previous bet item wins. If the previous bet item loses, ties, or is cancelled then the dependent bet item and all remaining items in the ticket are "No action".
The amount entered for each item during the the ticket entry process can be equal to or less than the amount entered for the previous item. Also, the amount can not exceed the previous item's amount plus the potential win amount.
For "If Win Push (Double Action)" tickets, each dependent item is only placed into action if the previous bet item wins, ties, or is cancelled. If the previous bet item loses then the dependent bet item and all remaining items in the ticket are "No action".
The amount entered for each item during the the ticket entry process can be equal to or less than the amount entered for the previous item.
Straight, if bet, and reverse bet amounts are pooled for determining wager limits. Even amounts for items not placed into action are pooled unless made No action.