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Over the last couple of years you have read about or heard about financial terms for example 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 individuals that abuse them. Perhaps 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 according to two or more investments coming together to bounce off one another for greater profits --- thus one produced 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 special info some Proposition bets along with cross over sports wagers - a parlay based upon sports from different sports occurrences.
A parlay is based upon two or maybe 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 your second half of your wager. The more teams or totals employed 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 much like a parlay but the payout is often double if both teams connect in your wager. The quite popular teaser wager enables 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 derived 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 upon your risk-reward tolerance for larger profits against higher odds of probability. Hitting a 3 team parlay at 6 to 1 odds is a little more exciting than getting even money for your one timer.