An If wager is a bet that carries over to a second team if the player wins on his initial selection. For example, the player has to wager a fixed amount on one team. If that team wins, or the game is tied, then another fixed amount, up to the original amount wagered, shall be placed on a different team.
The player must win his/her first wager in order to continue the action on the remaining wagers. If the first wager loses, there is no subsequent action. Note that the player cannot have duplicate teams in the same if – win wager.
Example One:
Place a fixed wager on Denver Broncos to win with spread of (-7).
If Broncos win, a fixed wager (up to the original amount) is placed on Seattle Seahawks to win with spread of (-3).
If Seattle also wins, the player would collect $200 .00 on a stake of $110.00.
Example Two:
Place a fixed wager on Denver Broncos to win with spread of (-7).
If Broncos win, a fixed wager (up to the original amount) is placed on Seattle Seahawks to win with spread of (-3).
However, if Seattle loses, the player would lose $11.00 on a stake of $110.00.
Example Three:
Place a fixed wager on Denver Broncos to win with spread of (-7).
If Broncos lose, and Seattle wins, the player would then lose $110.00 on a stake of $110.00
More About If Win Betting
If wagers allow the customer to make a second wager pending a win on the first selection. If wagers must be made on one call, and the second part of the if wager cannot exceed the amount of the first selection.