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        Over the final couple of years you have read page about or heard of 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 those that abuse them. Perhaps 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 determined by two or even more investments coming together to bounce off one another for greater profits — thus one derived from another. The same strategy or derivative is employed in Sports Betting.

        Sports bettors know these derivative sports bets as Parlays, Teasers, If Bets, Reverses and some Proposition bets together with cross over sports wagers – a parlay according to sports from different sports occurrences.

        A parlay is based on two or 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 then team 2 winning the next half of your wager. The greater teams or totals used in the wager the larger the payout although the harder to win. To win a parlay it’s important to win each bet.

        A reverse bet is similar to a parlay however the payout will likely be double if both teams connect in your wager. The popular teaser wager allows you to add or subtract points with your teams linked to 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.

        Of course, many professional bettors consider these derivative style of bets or sometimes called exotic bets as risky and a”suckers bet”. It is determined by 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.

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