Over Under Mean Sports Betting
As a fan, you don’t care if your team wins by a point or 100. A win is a win, though that 100-point win would be a little easier on the nerves.
- What does 'over under' mean as a sports betting term? 'Over Under' refers to the betting line on the total number of a certain statistic — usually points or goals scored — in a sporting event, with.
- In sports betting, there are just a few bets that are considered to be regular bets and the over/under is one of them. The over/under is a simple wager where the bettor decides whether the final score of a specific game will be over or under a published number. The number represents the sum total of.
- Here is a quick guide to over under betting in different sports. Over Under in Baseball When you’re betting on totals in baseball, you’ll likely see numbers anywhere from 6.5-12 for the most part.
- Before a game begins betting over or under the total points scored is usually a -110 wager. Bettors will wager $110 to win $100 for a pre-game totals bet. If bettors wager a lot more on one side of the total, the moneyline might change before the actual point total moves.
In-Game Over-Under Betting. One of the most popular ways to bet on sports these days is with live betting. Even as the game is happening, the betting lines adjust based on what’s happening in the game and you have the opportunity to place a bet.
In sports betting, how much a team wins by is usually all that matters.
The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known as the “side.” Most baseball, hockey and soccer bets are on the moneyline, which is betting on a team to win straight up with adjusted odds. Football and basketball have moneyline bets available too, but most people will take the point spread.
The concept can be a bit confusing if you’ve never dabbled in sports betting before.
Why bet with the point spread?
The point spread was created to attract more action on a game. When the San Francisco 49ers are expected to blow out the Arizona Cardinals, it’s not enticing to lay $300 to win $100 on a moneyline. But when the 49ers are 11-point favorites and each side is -110 odds? That’s much easier.
In that example, the 49ers are spotting the Cardinals 11 points before the game starts, at least for bettors. The 49ers have to win by 12 or more points to cover the spread. If the Cardinals win or lose by 10 or less, that side wins the bet. If the game lands on 11, like a 21-10 49ers win, it’s a push and all bets are refunded. If you see a -11 that means that team is favored, and +11 means you’re taking the underdog.
Nothing sharpens your math skills better than trying to figure out how big your lead as a bettor is if you have a 22.5-point basketball underdog that is losing 90-72.
The problem with the point spread can be when a team — which really doesn’t care that you bet the favorite at -11 — has a 14-point lead but gives up a meaningless score at the end to win by only seven points. They’re still happy with the win. You, as a bettor, are not.
© Provided by Yahoo! Sports Sportsbooks have large boards that display point spreads for all games that day. (AP Photo/John Locher, File)Point spreads lead to bad beats
The most infamous example of a bad beat with the point spread probably came in the 2004 Final Four at the NCAA men’s basketball tournament.
Duke was a 2.5-point underdog against UConn. The Huskies rallied late and took a 79-75 lead on a free throw with 3.2 seconds left. The game itself was over; Duke couldn’t score twice in a few seconds. But Duke guard Chris Duhon pulled up for a running 3-pointer just over the half-court line and banked it in at the buzzer. Duke lost 79-78, but bettors who had Duke and 2.5 points won. March Madness is a huge event for bettors, and reports at the time estimated that Duhon’s “meaningless” shot resulted in a $30 or $40 million swing in Nevada. UConn players celebrated at the final buzzer. UConn bettors doubled over in pain. That’s the difference between betting the moneyline and the point spread.
Baseball and hockey have point spreads too, the “run line” in baseball and “puck line” in hockey. It’s generally 1.5 with odds adjusting accordingly. Taking a big baseball favorite at -1.5 runs can make the odds more palatable. Of course, betting the New York Yankees at -1.5 to bring down the odds from -190 to -110 isn’t too fun when they win 4-3 and you don’t cash a bet.
Betting on the point spread is the most common way to wager on sports. And the first time you take a favorite that wins the game but doesn’t cover the spread, you’ll understand every bettor’s heartbreak.
Over Under Betting is the second most popular type of NFL betting, just behind spread betting. Over Under Betting is also known as “Game Total Betting” and you will often see it be referred to as either term. Beginner NFL bettors may be confused by Over Under Betting, but it is very easy to learn and understand once explained.
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In Over Under Betting the oddsmakers will set a number of points in which they think both teams will score in total throughout the whole game (including overtime if necessary). Bettors will then be able to bet on the total number of points scored by both teams combined to be over or under that set game total number. For example, the number may be set at 42.5 points. If you bet the “over” you would need a combined 43 or more points from both teams in order to win your bet (a 28-17 score would win you the bet). If you were to place your money on the “under” you would need both teams to combine for 42 or less points throughout the game (a 21-17 game would win you the under bet).
Example of NFL Over Under Bet
Below is an example of what an NFL Over Under line would look like:
Baltimore Ravens vs Pittsburgh Steelers
Over 37.5 (-110)
Under 37.5 (-110)
The number next to the Over and Under is always going to be the same, and represents the set game total. In this case the game total was set by the oddsmakers at 37.5. You would then have the choice to place your bet on both teams scoring more than 37.5 combined points (the Over) or less than 37.5 combined points (the Under). The (-110) beside each choice represents the betting odds, which I will explain more below.
If the final score ended up being Pittsburgh 21 Baltimore 14 we would have a total combined score of 35 points, and therefore the “under” bet would win.
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Other NFL Over Under Betting Information
Although the most common odds set for Over Under lines are -110 or 10% juice on either side it definitely isn’t always the case. The set game total number will always be changing in small increments before kickoff, but the odds will always slightly change before the game total does. Using our above example we might see the odds changed to “Over (-105) and Under (-115)” before we see the game total number adjusted to 37.
That brings me to my next point about NFL Over Under Betting – the game total doesn’t always have to be a decimal number. Although more often than not they are a decimal numbers, you will often see the game total being an even integer such as 39, 41, 44, etc. With an even number game total you may see the combined score end up exactly on the number. In that case the bets on both the Over and Under would be refunded. For example, if the game total was set at 41 and we had a final score of 24-17 it would be considered a “push” and all bets on either side of the number are refunded back to the bettors.
Some of the better online betting sites, such as 5Dimes, may even allow you to adjust the game total either way with the odds of course reflecting the change (known as alternate lines). For example, the game total was set at 41.5 and you thought the oddsmakers did a bad job and the game was going to be a lot higher scoring. In some sportsbooks you would be able to select an alternate game total of 44.5 for example and bet the over, which would payout a lot more than the over on the 41.5 line.
If you are looking for the best odds for over/under NFL betting you will want to sign up for an account at www.5Dimes.eu (accepting all countries) and you will also receive a free money bonus of up to $520 on your first deposit – just contact their live support team before depositing.
What Does Over Under Mean Sports Betting
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