SECTION 1
IF CASH or ANY TO COME
Either of the above terms can be used for betting purposes, as they mean the same thing.
Let us understand what IF CASH means and why it is used.
The word IF is used to introduce a conditional clause meaning :- in the event that---- (this happens or that happens).
In this case, we have to go back a step and find out what it is that is supposed to happen. Money (Cash) is not going to drop from the sky, although it would be a nice thought, --- so something has to have been done beforehand in order to get this condition of - IF CASH .
To explain this, let me show you an example:-
£10 WIN Horse 'A'
IF CASH
£15 WIN Horse 'B'
In this example, the event beforehand is the initial bet of £10 on horse 'A'. This horse must win in order for the condition of the -IF CASH -to apply. If it loses, then there is no money left for the second bet of £15 Win on 'B'.
If Horse 'A' does win at eg. 5/1 odds, then the returns for the £10 win @5/1=£60 -- so the IF CASH condition can be implemented. It is an instruction to the bookmaker to take £15 from these £60 returns and invest it on Horse 'B'.
Another example of an IF CASH bet might be :-
£5 WIN Horse 'A' ---2.30 Sandown
IF CASH
£4 WIN DOUBLE
Horse 'B' -------------- 1.30 Ayr
Dog 'z' -------------- 4.26 Walthamstow
This example is just to show you that the IF CASH bet -- in this case the £4 Dble -- can have different unit stakes, can be on different types of events and sports, and can be in earlier events ( as long as none of the events have already started )
Again, of course, Horse 'A' must win in order that the 2nd bet can be made.
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WHY BET -- IF CASH
Why would a person want to bet using the IF CASH condition ?
Firstly, it is a good way to make a small amount of money go a long way. It could be that a person has a strong fancy, or good information, but they also fancy a few other selections --- but the problem is that they don't have much money to play with. So this person decides to go with the information and bet on this selection as his/her main bet and then have a conditional (If Cash) bet out of the winnings, on the other selections. All it has cost the person is the initial stake on the 1st bet, but that bet must win.
It might be that the person is going to work, so will not be in the betting office to place the second part of the bet, should their first selection win , or it could be that one or two of the selections in the If Cash part of the bet are in earlier races, as shown in the second example above. So by writing the bet in this way, the person can now go to work and not have to think 'what might have been ', if all the selections win.
Another, and most important, reason for understanding the IF CASH bet, is that there are many 'IF CASH MULTIPLE BETS' available in betting offices these days. If you were to write only one of them out in full, it would take a long time and a lot of betting slips, -- so instead you can just write the name of the bet and your stake on one slip and write your selections. For a detailed description of the 'IF CASH MULTIPLE BETS' and more information on IF CASH, go to SECTION 2 in this category.