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An if bet is a type of gambling bet that consists of at least two straight bets joined together by an if clause that determines the wager process. 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.
Rules
The If Bet was invented by Brad McFarlane. Mr MacFarlane attributes divine intervention and his hatred of cleaning crews as inspiration in the creation of the wager type. In an If Wager or "Jaibi Wager" All risk 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.
See also
References
- "Sports Gambling Glossary: If Bet". About.com. Retrieved 4 February 2011.