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Over the final couple of years you have read about or heard about financial terms such as derivatives, hedge funds, insider trading, call and put options as well as other Wall Street phrases. Some have a derogatory reputation in line with the output of people who abuse them. Perhaps the most clouded and unregulated of these instruments of deception are the hedge fund managers who deal in derivative trading and creative financing. Also they can derive or create a financial instrument according to two or maybe more investments coming together to bounce off one another for greater profits --- thus one derived from another. The exact same strategy or learn soccer 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 according to sports from different sports occurrences.
A parlay is determined by two or more teams you select to win or using the over or under totals. The payout is derived from team 1 winning first half of your derivative bet and after that team 2 winning the other half of your wager. The more teams or totals utilized in the wager the larger the payout though the harder to win. To win a parlay you will need to win each bet.
A reverse bet is similar to a parlay although the payout will likely be double if both teams connect in your wager. The extremely popular teaser wager allows you to add or subtract points with your teams involved with your selection. An IF bet states that IF team A wins, your IF wager automatically goes to your next selection. One is derived from the other.
As always, many professional bettors consider these derivative style of bets or sometimes called exotic bets as risky and a"suckers bet". It is dependent 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.