NCAA football betting players are gearing up for the next stage of the bowl season as the BCS bowls are on the horizon, and you should know all of your options before heading to your sportsbook. One of the concepts you should grasp is the idea of reverse bets, although it is a bet that isn’t very popular.
Basically, the idea of a reverse bet can be simplified if you think of it in terms of an “if/then” bet: if this happens, then this happens. It is essentially two two-game “if” bets that depend on each other, and it is a bet that is used predominantly by horse betting players, although some that use bookie software can find other uses for it as well. You may wish to use it during the bowl season to cover your losses. For example, you may have Florida State at -110 on the money line, while Notre Dame comes in at -120, and you make a $500 reverse bet. This means you’re betting $550 on Florida State and $600 on Notre Dame to win $500 in both cases. There are four possible outcomes: both teams win (and you clean up), Florida State wins (you profit from FSU, but lose your ND bet), Notre Dame wins (the exact opposite) or both teams lose (you lose it all).
It may seem complicated, but try it a couple of times with smaller amounts and if you get the hang of it, reverse bets can be a great weapon to have in your sports betting arsenal.
