Over the 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 depending on the output of people that abuse them. Probably the most clouded and unregulated of these instruments of deception are the hedge fund managers who deal in derivative trading and creative financing. They can derive or create a financial instrument based upon two or more investments coming together to bounce off one another for greater profits — thus one derived from another. The exact same strategy or derivative is employed in Sports Betting.

Sports bettors know these derivative sports bets as Parlays, Teasers, If Bets, Reverses and some Proposition bets in addition to cross over sports wagers – a parlay based on sports from different sports occurrences.

A parlay is based upon two or 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 more teams or totals utilized in the wager the larger the payout however the harder to win. To win a parlay it is important to win each bet.

A reverse bet is much like a parlay although the payout can be double if both teams connect in your wager. The very popular teaser wager enables you to add or subtract points with your teams involved in your selection. An IF bet presents the fact that IF team A wins, your IF wager automatically goes to your next selection. One is derived from the additional.

Bear in mind, many professional bettors consider these derivative style of bets or relevant web page sometimes called exotic bets as risky and a »suckers bet ». It is determined by 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 your one timer.