Over the last couple of years you have read about or heard about financial terms for example derivatives, hedge funds, insider trading, call and put options and other Wall Street phrases. Some have a derogatory reputation depending on the output of those that abuse them. Perhaps the most clouded and unregulated of these instruments of deception will be the hedge fund managers who deal in derivative trading and creative financing. They can derive or create a financial instrument based upon two or maybe more investments coming together to bounce off one another for greater profits — thus one produced from another. The exact same strategy or derivative is used in Sports Betting.

Sports bettors know these derivative sports bets as Parlays, Teasers, If Bets, quality soccer Reverses and some Proposition bets as well as cross over sports wagers – a parlay based on sporting events from different sports occurrences.

A parlay is based on two or even more teams you select to win or using the over or under totals. The payout is produced from team 1 winning first half of your derivative bet and then team 2 winning the next half of your wager. The more teams or totals employed in the wager the larger the payout although the harder to win. To win a parlay you have to win each bet.

A reverse bet is much like a parlay but the payout will likely be double if both teams connect within your wager. The quite popular teaser wager permits you to add or subtract points with your teams involved with your selection. An IF bet explains that IF team A wins, your IF wager automatically goes to your next selection. One is produced from the additional.

Bear in mind, many professional bettors consider these derivative style of bets or sometimes called exotic bets as risky and a”suckers bet”. It depends on your risk-reward tolerance for larger profits against higher odds of probability. Hitting a 3 team parlay at 6 to 1 odds is just a little more exciting than getting even money for your one timer.