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

Sports bettors know these derivative sports bets as Parlays, Teasers, If Bets, Reverses and some Proposition bets along with cross over sports wagers – a parlay determined by professional sports from different sports occurrences.

A parlay is determined by 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 after that team 2 winning the second half of your wager. The greater teams or totals used in the wager the larger the payout however the harder to win. To win a parlay you need to win each bet.

A reverse bet is similar to a parlay though the payout can be double if both teams connect within your wager. The extremely 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 derived from the additional.

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