If Bets

If bets are types of wagers that allow the selection of two picks (sides or totals) which are considered two straight bets based on conditions. The first bet has to win in order to have action on the second bet. An if bet allows the option to use potential winnings from the first wager on the second bet.

If Win Only Bets

PicksLineRiskWin
Chicago Bears-7 -110110100
KC Chiefs+9 -110210190

In this example you have the Bears -7 to win $100 and if that wins only you have the Chiefs +9 risking $210 to win $190. If the Bears don’t cover the spread you lose $110 and you have no action on the Chiefs. If the Bears cover and the Chiefs don’t you win $100 on the Bears but lose $210 on the Chiefs for a total of – $110. If both picks cover the spread you win $100 on the Bears and $190 on the Chiefs for a total of + $290.

If Win, Tie Or Cancel

This is very similar to an If Win Only Bet. The difference is that you have action on the second bet if your first bet wins ties or is canceled. In this type of if bet you don’t have the option to use your potential winnings from the first bet on the second straight bet, because of the tie or cancel possibility. However, you can risk more on your second bet than on your first bet provided you have the balance to cover the wager.

If Win, Tie Or Cancel Bets

PicksLineRiskWin
Chicago Bears-7 -110110100
KC Chiefs+9 -110110100

In this example if the Bears were to push or the game is cancelled you still have action on the KC Chiefs bet. In this case you could win $100 if the Chiefs cover or lose $110 if they don’t.

SBG Global does not allow If Bets on any of the following:

  • Soccer Favorite goal line and total OVER of the same game
  • Soccer Underdog goal line and total UNDER of the same game
  • Soccer Money Lines and total OVER or UNDER of the same game
  • Hockey Favorite goal line and total OVER of the same game
  • Hockey Underdog goal line and total UNDER of the same game
  • Baseball Favorite Run Line and total OVER of the same game
  • Baseball Underdog Run Line and total UNDER of the same game
  • Football Favorite side and total OVER of the same game when ratio between the side and total is less than 3/1
  • Basketball Favorite side and total OVER of the same game (managers’ discretion)

With IF BETS the account will be updated upon the completion of all sides.

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