And depending on the terms of each wager, you could get paid or lose your money when one or more bouts end as draws. If you combine four or more draws no bet wagers into one, you get paid when all your backed boxers win. If one boxer losses, the bet is counted as a loss for you. Quite simply, a push is what happens to your bet when the event you wager on results in a tie. As bettors or competitors, we build up wins and dread losses. We’re all familiar with creeds such as “the thrill of victory and agony of defeat.” You’ve probably heard that “winning isn’t everything, it’s the only thing.”.

An 'If Bet' is another type of wager that can be made on sports and helps with money management as well as reducing your exposure to big losses. While they can be compared to a parlay, they do not give the requirement that every bet must win in order to be successful, helping you in the short and long term. An If Bet is also different from a straight wager as it a combination of straight wagers by using the winnings of the first bet to bet on the second if the first bet was correctly guessed. Keep reading more below as we will cover the multiple types of If-Bets and help you understand betting odds that fuel them.

What Is An If Bet?

An 'If Bet' is a way to bet on multiple games but by using only one game’s action as your funding. In other words, if bets can only be made after the original wager is made. In short, “if this bet” wins, bet this scenario next. For example, if you place a wager on the original game and it's a winner, an If Bet would require the total payout to be risked on the next wager. If an If Bet is lost, the total payout is subtracted from the last bet made.

While many believe you must use an if bet through an order of games, the timing of the contests bear no merit. In other words, you can have your first selection of your “if bet” as a 4 pm EST game, while the second selection already concluded since it started at 1 pm EST. Simply put, the earlier game will still be wagered on assuming the later game was correctly bet on.

Example Of How If Bets Work

You choose to bet on the Atlanta Falcons, who are set as 3-point favorites over the New Orleans Saints at $110 to win $100. The second wager is one the New York Jets favored by 7 points over the Buffalo Bills at $120 to win $100. If the Falcons win, that entire $210 (the original bet plus the profit) goes to the next If Bet on the Jets. It would be $210 to win $190. If that wager is won, than the profit cash out of $400 is won. The worst that could happen if you lose the second bet after winning the first bet is that only the profit will be lost.

Types Of If Bets Offerd At Sportsbooks

There are two different types of If Bets that can be placed. The first type is an 'If Win Only'. An if win only bet is made only if the first part of the If Bet is won. The second type of wager on an If Bet is an 'Action' wager. An Action bet is made on the second part of the If bet regardless of the win or loss from the first bet.

What Happens When You Lose A Bet Money

An 'If-win bet' is the choice of gamblers concerned with money management or those who like to spread their bets around a number of different games. In an if bet, the player wagers a fixed amount on one team, and if that team wins then the original bet amount is passed on to the next matchup, in most cases up to a maximum of seven if-wins.

The reason this type of bet is smart for bettors concerned with bankroll management is that an if-bet can limit your losses even when they're spread across multiple contests, sports, or teams.

Bovada Sportsbook - Best Sports Betting Site For If Bets

It is already known that Bovada has a lot of great bonuses and other things set for players to use to make money so it only makes sense to mention the If-bets here that players can wager on as well. With all the sports that are going on, there is more than other games and betting options for players to look into and use to make money at all times. These are the chances that players get when they sign up for an account Bovada

What Happens When You Lose Your Bet

The if bets are the best on Bovada and there are many reasons why. Them if win bets tell it all and the things are these bets are tag to two games so the only thing that players can do is profit. Being correct on both of your games means big money on Bovada and all it takes is for players to have an account!

BetOnline Sportsbook - Best Sportsbook With For If Bets

When it comes to making a decision on what sportsbook to sign up for, it's clear its BetOnline is the top tier site for players to go to and what makes it easier to choose is the age requirement is 18 and older. The if bets here for favor for the players and many of them have their eyes on them soon as game start to kick off in many sports. For those who don’t know, if bets are when players use one profit to bet on the next wager.

Taking a risk can only make players a lot of money so when it comes to if bets, these have to be played on BetOnline no matter the sport. Most of the time the confidence goes up for players when winning the first part of their bet and that means to take a riskier bet which means more money to payout for winnings. This is huge on BetOnline so take a look!

SportsBetting's Sportsbook - Top Sportsbook With If Bets

All it takes is for a player to get an account with SportsBetting and it will change their life financially in a great way. Sports fans know that games are always going to be exciting so when it comes to placing major bets on them, that makes them even more exciting. This is one of the reasons why fans love sports so much because of the excitement it brings and then some as well.

The if bets are key to players win a lot of money because most of the time you see where one part of the bet wins means that the risk can be increased on the following game of the bet. Making sure that players get in their bets is huge for SportsBetting and most of the time winning is what happens.

MyBookie Sportsbook - If Bets On MyBookie Top Tier

MyBookie is already one of the best sportsbooks for bettors to sign up for so when they present the if bets as an add-on, it only makes it easier for players to see that this is the best sportsbook out of all options. Knowing that all games in all sports will be exciting when you place a bet on two teams using the winnings on one is more exciting. These games are already exciting for fans so when you can win money on them, that boosts everything up a level.

These bets are huge to most fans and the great thing is when you can use your winnings from the game, that means you can possibly take a bigger risk because of what you have won already. This is what makes if bets so fun to get involved in. So imagine betting on the Yankees to win and then once they do you have a chance to take a bigger risk on the Rays to win their game! More money can be won when it comes to MyBookie!

Betting on sports for many people adds to the enjoyment of viewing. Instead of just flipping a contest on television or your phone, having “skin in the game” heightens the experience.

But what happens when you lose a sports bet, and all that excitement turns into dissatisfaction? It’s one thing when your favorite team loses, but practical thinkers realize they are not on the team’s payroll and any defeat doesn’t cost them a dime. However, if you had money and, in some cases, too much money involved, in the immortal words of Chris Farley, “…that’s going to leave a mark!”.

Here are common-sense rules to follow about how to cope with losing sports bets for a day, a week or hopefully not, for a month.

Respect Your Bankroll

When doing any sort of betting on sports, it’s not about how much you win, it’s how much you can afford to lose.

Let’s face it, all of us throw away money on dumb things, and we do it more than we care to admit. Say we are having a tough time at work, the bosses are harping, and instead of living your life in a normal fashion, we go out for drinks and food too often for a month, and after that period we realize that we are way over our normal budget and we have to cut way back for the next 30 days to get back on track.

In essence, you realized you spent money you really should not have and adjusted. This directly applies to set a bankroll for betting sports. If you have $100, $500 or a $1,000 to use for your entertainment, make sure that will not impact your lifestyle because the sportsbooks are creating betting odds that appeal to both sides of a game with the hope that 100 bettors take one side and 100 other bettors choose the other.

If you have, say, $500 to wager with, betting $100 a game is foolhardy, because you could blow through that in no time. If that is how much you have, you should be more in the $20 to $30 a game betting. Respecting your bankroll and staying within your limits doesn’t make losing any less painful, but it can take the sting out.

Understanding Money Management

Any true sports betting professional will extol the virtues of managing your money. It’s like the famous old line, “It’s not how much money you make that matters, it’s how much you keep.”

In sports wagering, you are going to have rough days, that is why for many, flat betting (same amount wagered on each game) makes sense for most gamblers.

This takes the pressure off of trying to win the - one big bet. Every sports bettor has done this and eventually learned from it. If you made eight wagers and won six of them, or 75 percent, and ended up losing money on the day, your methods are wrong. You should never have that much money riding on one outcome having won that percentage of bets.

The impact of one loss should not alter your outcome that severely.

NEVER Chase Losses

The best thing that ever happened to bookies or sportsbooks was Monday Night Football and later, Sunday Night Football. This is some of the easiest money they ever make, because countless bettors who suffered a losing day will try and get even, betting on one game they were indifferent about to start with.

Best advice: NEVER chase losing days. The beauty of sports betting is that there is always another game another day. Think about your everyday life; do you make great decisions every day of the year? Of course not. You like, everyone makes bone-headed mistakes, so why would betting on sports be any different?

If you had not decided to bet on the Sunday or Monday night game at the start of the day, trying to play catch up is often a bad choice.

Losing is A Component of Sports Betting

In any given sport, the very best experts having a great season are going to lose four in 10 wagers at the best. Oh sure, a few outliers will do even better, but those are not many.

If losing drives you crazy, betting on anything, let alone sports, probably isn’t for you. If you are a salesman, you don’t close every deal and will have hot and cold streaks. As a professional, you have to deal with the results and look to improve. The same is true when betting money on games; you have to have the mental resolve to take the good with the bad.

How to Position Yourself to Lose Fewer Bets

Just like at your place of employment, how you end up doing better is working harder, smarter and putting in the effort to improve. If you want to win more wagers, having better, useful information can place you in a more advantageous spot to win.

That requires time and a desire for success. Think of this way: you make 100 bets at $100 apiece and you win 50 of them. Now take the time and find methods to say win five more games, and you have gone from losing $500 to winning $550. That’s an investment in yourself.

If your life is too busy and pulling you in different directions, a Doc’s Sports subscription can be a wise choice to curtail losing. Each Doc’s handicapping expert was thoroughly vetted and only shares his expertise at Doc’s and no place else, all at very affordable pricing.

Losing at sports wagering is not fun, but by following these betting tips, you can find it more tolerable.

Doug Upstone of Doc’s Sports has 21 documented No. 1 titles and finished in the Top Ten 80+ other times in a distinguished career. Doug as a professional handicapper/writer, has written for various well-known sports betting websites and several of the football newsletters you have read before.

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