Definition
A reverse bet is two if-bets on the same two selections, written in both possible orders. One bet starts with Selection A and moves to Selection B only if A wins. The other starts with Selection B and moves to Selection A only if B wins.
Formula: total stake = 2 x base if-bet stake. Maximum profit equals the profit from both winning legs in both orderings.
Worked Example
You place a $110 reverse bet on:
- Team A -110
- Team B -110
This is two $110 if-bets, so the total amount at risk is $220.
If both teams win, each -110 leg wins $100. The A-then-B if-bet wins $200, and the B-then-A if-bet wins $200. Total profit is $400.
If Team A wins and Team B loses, the A-then-B bet wins $100 on A, then loses $110 on B, for -$10. The B-then-A bet loses $110 immediately. Total result: -$120.
Why It Matters
A reverse bet helps when a bettor wants both selections connected but does not want the whole outcome to depend on one fixed order. It increases exposure compared with a single if-bet, so the stake size must match the bettor’s bankroll plan.