Over the very last couple of years you've got read about or heard of financial terms for example derivatives, hedge funds, insider trading, call and put options and learn soccer other Wall Street phrases. Some have a derogatory reputation in line with the output of those 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 may derive or create a financial instrument according to two or more investments coming together to bounce off one another for greater profits --- thus one derived from another. The same strategy or derivative is used in Sports Betting.

Sports bettors know these derivative sports bets as Parlays, Teasers, If Bets, Reverses and some Proposition bets in addition to cross over sports wagers - a parlay determined by professional 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 derived from team 1 winning first half of your derivative bet and after that team 2 winning the other half of your wager. The greater 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 frequently double if both teams connect within your wager. The very 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 the other.

Simply, 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 a little more exciting than getting even money for your one timer.