What is a Win-Only If Bet?

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If Bet Win-Only
Item Explanation
Definition Win Only If Bets allow players to combine multiple bets, moving to the next bet if the previous one wins. The subsequent wager amount can be no more than total winnings from the previous wager. Any losing bets cancel any subsequent action.
Bet Type Exotic
Odds See each game’s spread and total. Consider total number of bets made. The greater the number, the harder to win.
Sportsbooks USA Sportsbooks
Example 2 Step Win Only If Bet, Single Action. Player takes favorite New York Giants against the spread to win by -7. Player joins this bet to the same matchup’s total bet, over 34. IF the New York Giants win by 7, THEN the total bet sees action. Player wins if both bets win.

Win Only If Bets allow players to join multiple bets. Win Only If Bets are single action. A player moves to the next wager if the previous wins. The subsequent wager can be no more than total winnings from the previous. If the player loses any bet, all subsequent bets are cancelled.

With win only if bets, there is a catch: a player can only wager up to the total payout from his previous wager on the next bet, except for the first if bet, which is open to any wager amount. If a player loses any wager at any point in the win only if bet process, all remaining bets are off. The player is allowed to keep winnings acculmulated up until the losing bet. The losing bet amount is subtracted from any previous winnings.

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Win only If Bets are better expressed as practical examples. If Bets can be made on matchups happening simultaneously. Or can be two different bets on the same matchup, commonly IF win the spread, THEN bet the total over or under.

Example 1:

Player makes first wager on the New York Giants, favored to win at -110 in the amount of $110 to win $100. If the Giants win, the player would collect $110 initial wager + $100 payout for a total of $210. 

Since the player won, his if-bet continues to the next wager. He can ONLY wager up to $210, the winning payout from the first bet. 

Next, the player choses to wager on the Miami Dolphins, favored to win at -110 in the amount of $200 to win $180. If the Dolphins win this contest, the player would collect $200 initial wager + $180 payout for a total of $380. 

For this 2 team If Bet the player collects: $100 in winnings wager 1 + wager amount ($110) + $180 winnings wager 2 + plus wager amount ($200) = $280 winnings + $310 in wagers. 

Example 2:

The player places an initial wager on the New York Giants, favored to win at -110 in the amount of $110 to win $100. If the Giants win this contest, the player would collect $110 initial wager + $100 payout = $210. 

If the bettor wins, he can continue to the next bet. He can ONLY wager up to $210, the winnings from the first bet. 

Next, the player takes the Miami Dolphins, favored to win at -110 in the amount of $210 to win $190.91. But the Dolphins lose! The entire If Bet has lost. He loses the $210 wagered on the Dolphins. 

Therefore, the player would collect $100 winnings wager 1 + wager amount ($110) BUT would lose $210 on the failed Dolphins wager. Giants winnings = $210 – Dolphins losses = $210 = $0 final balance.

Example 3:

The player places his first wager on the New York Giants, favored to win at -110 in the amount of $110 to win $100. 

The Giants LOSE. Therefore the player LOSES the initial $110. Any further bets in the If Bet are OFF. He can’t progress to subsequent bets unless he wins each step of the way!

If Bets are an interesting step-by-step wagering process that are very exciting if you’re feeling like you can pick a few winners. Financially speaking, they are safer than parlays, because parlays are “all or nothing”, whereas win only If bets allow you to, at minimum keep winnings accrued from all winning bets up until the point where you lose, at which point the losing wager is subtracted from your winnings.

Advice

How can you make good money with win only If Bet? First of all, place your wagers in a smart manner. For example, instead of betting the maximum possible on each successive wager, it’s better to bank a portion of your winnings and bet the other part on the next contest. That way, you’ll at least have some money to show for your efforts even if you lose a subsequent wager.

Most large online sportsbooks offer win only IF Bets in their wagering menus, so take advantage of this fun and exciting way to make a little extra cash by picking winners for multiple contests, keeping in mind the fact that you can keep at minimum some portion of your winning wagers as long as you don’t bet the maximum amount possible on subsequent games.

Have fun and Good Luck!