Reverse Betting. A reverse bet is similar to a parlay bet but is actually a set of if bets where action goes in both forward and reverse order. Let’s say for NBA basketball two games on the board are Boston Celtics -4 vs. Lakers +4 and Chicago Bulls -3 / Orlando Magic +3. We decide we want to bet the Lakers +4 and also want to bet the Bulls -3.
A reverse bet is essentially just two ‘if’ bets, so it makes sense that we start with looking at what an ‘if’ bet is. An ‘if’ bet is a bet on two or more teams - like a parlay is.
Difference is with $100 parlay, if both games lose, you still lose just $100. $100 reverse is basically two $100 IF bets back and forth, so if both games lose, you lose $200.
If you take a $100 2-team parlay you’ll get paid $264.64 if both teams win, and you’ll lose your full $100 stake if you go 1-1 or 0-2. However, if you instead choose to take the reverse bet route, your bet would be: Wager #1 Lakers +4 -110 $50 to win $45.4545. Wager #2 Bulls -3 -110 $50 to win $45.4545.
Reverse teasers Naturally, if the sportsbook allows you to buy points, it follows that they also allow you to sell points. A parlay bet involving two selections or more in which you “sell” six points to the sportsbook is known as a “ reverse teaser ” or a “ pleaser .”
Reverse bets are if bets that work in all possible directions. They are essentially a combination of each of the possible if bets on any given number of selections, and as such they eliminate the possibility of losing out on returns due to the order of selections. In the if bet example we just explained there were two selections.
Getting the hang of the reverse bet strategy requires you to apply it a couple of times; that’s the only way you’d be able to understand it better. As a recreational bettor looking for an online betting play that will result in the lowest expected loss over the long haul, reverse bet would definitely be the way to go, as it offers better ‘immunity’ to losses than a parlay.
There are different types of sports betting and some are more exotic than others: A win reverse bet, in this context, is one of the most exotic wagers you can find.. When used right, placing a reverse win bet can be one of the best sports betting strategies, as it allows you to manage your bankroll efficiently and minimizes the risk you are taking.