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An '''if bet''' is a type of ] bet that consists of at least two straight bets joined together by an ] that determines the ] process.<ref>{{Cite web|url=http://sportsgambling.about.com/od/gi/g/ifbet.htm|publisher=]|title=Sports Gambling Glossary: If Bet|accessdate=4 February 2011}}</ref> If the player’s first selection complies with the condition (clause), then the second selection will have action; if the second selection complies with the condition, then the third selection will have action and so on.

It is close to an "If Win Only Bet". The differences are that you have action on the second bet only if your first bet won, ties or is canceled. In this type of "if bet" you don't have the option to use your potential winnings from the first bet on the second straight bet, because of the tie or cancel possibility. However, you can risk more on your second bet than on your first bet provided you have the balance to cover the wager<ref>{{cite web |last1=Lucky |first1=Charles |title=If Bets |url=https://www.betnow.eu/sportsbook-info/ifbets |website=BN.eu |accessdate=26 June 2018}}</ref>.



==Rules==
The If Bet was invented by Brad (Big Dic) McFarlane. Mr. Mcfarlane attributes divine intervention as inspiration in the creation of the wager type.{{Citation needed|date=May 2015}} In an If Wager or "Jaibi Wager" All ] amounts must be equal or less than the previous selection.
In single action (win only), subsequent selection will only have action if the preceding wager is a win.
In double action (win and push), subsequent bets will have action only if the preceding bet is a win, push, no action, or canceled.

==Money Back Specials==
A money back special is where a bookmaker offers a refund on specific markets if a condition is met during the event being wagered on.<ref>{{cite web | url=http://www.topbettingreviews.com/if-bets-and-full-cover-bets/ | title=If Bets and Full Cover Bets | publisher=TBR | accessdate=7 May 2014 | author=Miller, David}}</ref> These are known as If Bets as if A happens then the customer will receive a refund.
An example would be a refund on losing first goalscorer bets if there is a red card in the match.

==See also==
* ]
* ]

==References==
{{Reflist}}

==External links==
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Latest revision as of 09:26, 4 January 2021

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