Over the final couple of years you have read about or heard about financial terms for example derivatives, hedge funds, insider trading, call and put options and other Wall Street phrases. Some have a derogatory reputation in line with the output of those that abuse them. Probably the most clouded and unregulated of these instruments of deception will be the hedge fund managers who deal in derivative trading and creative financing. They may derive or create a financial instrument based on two or more investments coming together to bounce off one another for greater profits — thus one produced from another. The same strategy or derivative is utilized in Sports Betting.

Sports bettors know these derivative sports bets as Parlays, Teasers, If Bets, Reverses and some Proposition bets as well as cross over sports wagers – a parlay based upon sporting events from different sports agent occurrences.

A parlay is according to two or even more teams you select to win or using the over or under totals. The payout is derived from team 1 winning first half of your derivative bet and after that team 2 winning the second half of your wager. The greater teams or totals used in the wager the larger the payout though the harder to win. To win a parlay it is important to win each bet.

A reverse bet is just like a parlay although the payout is often double if both teams connect within your wager. The popular teaser wager allows you to add or subtract points with your teams involved with your selection. An IF bet explains that IF team A wins, your IF wager automatically goes to your next selection. One is produced from another.

As always, many professional bettors consider these derivative style of bets or sometimes called exotic bets as risky and a”suckers bet”. It depends on 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.