What is a "Reverse" Bet? Written by Mitch

What is a reverse bet?

A reverse bet is similar to a money line bet, however, the team which is
the underdog now has to win by a certain number of points, or a team that
is the favorite only has to not lose by more than a certain number of
points. In essence, the point spread has been inverted or reversed.

How are the odds and payouts determined in a reverse bet?

Because of the reversal of favorites and underdogs each side has payout
odds attached to them, which are the odds of them being able to complete
this new feat. Usually, if a favored team is now getting points the odds
will be like a money line bet where a bettor has to lay more money than
they will win in order to place the wager. For example, if Alaska State
were really 6 point favorites and are now getting 4 points, you may have
to bet $25 to win $10 (these odds are referred to by sports books as -250)
if betting the reverse. Conversely, if Wyoming Tech are 6 point
underdogs and they now had to win by 4 points to win the wager you
may only have to risk $10 to win $25 (these odds would be referred to by
sports books as +250). While many casinos and sports books offer
several levels of reverse wagering, many casinos and sports books do not
accept or offer reverse wagering at all. As with any type of wager it’s
always best to ask if you are uncertain.

A quick recap of reverse wagering

Alaska State +6 -380
Wyoming Tech -320

If the casino or sports book does offer reverse wagering, the odds are
usually listed in close proximity to the regular game odds. There really
isn’t any mention that it’s a reverse line, it’s just treated as if it’s just
another game odds listing.

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