If you are going to enter the realm of sports betting, then you need to know what push betting is. The world of sports betting is filled with different kinds of bets and strategies, and at some points, it may even seem they have no end. You will be surprised to know all these various kinds of bets even exist
Push betting: what is it?
Push betting is a common betting method. You may have others talk about it. However, have you ever entered a push bet? If not, this article can help you to determine whether you should consider a push bet.
To put it simply, push betting is when neither the bettor nor the sportsbook wins a bet. This means the outcome of this bet will not be in favor of either party. How is that even possible? By eliminating the ‘draw’ in sports. That is, when there is a match, you get to bet on either of the two teams winning it. There is no option to bet on a tie happening in the match. There may be a tie, and the two teams may end up with the same score at the end of the game, however, that is considered invalid in the light of this bet.
When you are placing a push bet, you have only two options to bet on, it is in 1 in 2 bet. However, the outcomes of the games are not 2. It is 3.
Understand the working of push bet
When you place a push bet, there are three possible outcomes that will come out of the bet.
1 – You will win the bet
2 – You will lose the bet
3 – Your bet becomes invalid
The first and second outcomes of the bet, you will be familiar with that. However, the third one may not be something that you are familiar with. How does a bet become invalid? What happens beyond that? When your bet gets invalid, you neither win it nor lose it. If you do not win the bet, then does the sportsbook win it? But your bet is invalid, which means that you do not lose the bet, as well, right? Therefore, when you do not win the bet, and if the sportsbook wins it, does not that mean you have lost the bet? All of this does not make much sense. Let us look more closely at push betting, and this time, with an example.
Push betting works like this:
Imagine you are betting on a soccer match. There are two teams. Here, we will call them ‘Team Rock’, and ‘Team Paper’. However, it is not in the spirit of the rocks, paper, scissors game, and do not get the impression that Team Paper is stronger or has more winning odds than Team Rock. It is just two teams named for the sake of naming.
In push betting: you have two options, in this case:
- Team Rock wins the game
- Team Paper wins the game
Team Rock winning the game means that Team Paper is defeated. Team Paper winning the game means that Team Rock is defeated. The essence is that, when we say one team is winning, the other team has to lose here.
Now imagine, you bet on Team Rock winning the game. And, say, Team Rock did win the game. What happens now? You will win your bet, now, say, Team Rock did not win the game. Instead, Team Rock was defeated by Team Paper. It means that you lose your bet. You do not get your money back.
However, are these two the only possible game outcomes in soccer? No. The two teams may enter a draw at the end of the game. Maybe, both the teams will end the game by scoring no points at all.
That is a 0 – 0
Or both the teams may end up scoring 2 points each.
That is a 2 – 2.
Or, both the teams may end up scoring the same points like:
3 – 3, 4 – 4, 5 – 5, 6 – 6, 7 – 7, or 1 – 1, or anything like that.
Let the score of the teams be anything, but if it ends up in a draw, that is a condition not covered in the push bet. That’s when the points of both teams are the same, but it is out of the push-betting conditions.
When a match ends in a draw, the amount that you bet on it will be credited back to you. You neither win nor lose. Also, the sportsbooks. The amount will be credited back to your account as if that bet has not taken place at all.
Read More: What is a Teaser in Sports Betting?
