Over the very last couple of years you have read about or heard of 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 individuals that 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. They may 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 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 after that team 2 winning the other half of your wager. The better teams or totals employed in the wager the larger the payout however the harder to win. To win a parlay you will need to win each bet.

A reverse bet is much like a parlay though the payout may be double if both teams connect in your wager. The quite popular teaser wager enables 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 another.

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 just a little more exciting than getting even money for safe online gambling agency your one timer.