What is the Over/Under in Sports Betting
The moneyline, the spread, and the total (which is sometimes commonly referred to as “over/under”) are the basic sorts of wagers that can be placed on a game that has two teams. The moneyline and the spread are concerned with determining which team won the game, whereas the total is just concerned with the amount of scoring that occurred between the two teams.
When looking at the odds that have been given for a game, this information is expressed as total, over/under, or sometimes reduced to O/U. A number, such as 155 for a collegiate basketball game, 8 for a baseball game, or 47 for an NFL game, will be listed. This amount, which is referred to as the total, serves as the line for over/under bets.
When you place a bet on the over, it indicates that you believe the combined total of the two teams’ goals, points, or runs will be more than the total that is posted. In contrast, placing a wager on the under suggests that you believe there will be less occurrences than the total that is indicated. It can be summed up like this.
Let’s take a look at some examples.
In this particular matchup, the Rangers are coming to the stadium where the Rays play, and the odds for the spread, total, and moneyline are all provided. At this point, we are going to concentrate on the total column. There are two ways to place a bet: either on the outcome that there will be more than eight combined runs or on the outcome that there will be fewer than eight combined runs. Both bets have the same odds of winning, which are -110, which is a fraction of a point lower than even money.
This is a baseball score that is quite typical of its league. For a total, eight runs is neither unusually high nor particularly low. If you believe that one of the starting pitchers is about to throw a wild pitch, you should probably bet on the over. You should consider betting on the under if you like how one of the pitchers compares to the lineup of the other team.
Let’s say that the Rays come out on top in the end with a score of 6-3. There have been nine runs scored so far in the game. The game is now finished. What would happen if the final score was 5-3 and there were eight total runs scored in the game? That’s what’s known as a “push,” and it essentially means that the wager is null and void. Your initial investment in the wager will be returned to you, and it will be as if nothing had ever happened.
This is when half points come into play, as shown in the following example:
The sum of the points scored in this NBA match is not a whole number. You could be asking yourself, “How they able to score a half point?” That is not going to happen. To put it simply, that’s the point. If the total is a half point, there is no way to “push” the bet like there was in the previous baseball game. You are either going to win or lose without a doubt.
Pushes are not popular with sportsbooks because they do not generate revenue for the business. They give back all of the original bets and receive nothing in return. They are able to make money so long as there is a victor and a vanquished.
The under bets are winners if the game ends with the Celtics winning 109-103 and the total points scored in the game being 212. If, on the other hand, the Lakers made a meaningless free shot with one second left on the clock, and then the Celtics ran out the clock to win 109-104, then the over bets would be winners.
It is also important to note that the odds are not always the same for both sides of a bet. This is an important distinction to make. Both the overs and the unders had odds of -110 in the two occurrences that came before this one. That is rather typical, but it is not a given. An example of a hockey game in which betting on the under rather than the over results in bigger payouts is shown here. This is what most people mean when they talk about the juice.
The under bet is even money, which means that if it wins, the stake will be doubled. However, since the over is -120, you would need to wager $120 in order to win $100 (or $12 in order to win $10). This typically indicates that more bets are being placed on the over and/or that it is thought to be the somewhat more likely result. This occurs more frequently in sports with low scoring. For instance, in basketball, changing the line by a half-point won’t significantly alter the wager, therefore that will frequently occur without the odds changing. Moving a line by one-half of a goal makes a significant difference in hockey.
In soccer, where a score of 3-2 is seen as a high-scoring game, this is particularly true. Due to this, 2.5 goals is a fairly popular total in soccer, and odds for both the over and under are rarely equal.
Totals in prop bets
Additionally, totals are regularly used in prop bets. You may wager, for instance, on whether Steph Curry will make more than 4.5 three-pointers in a game, whether Aaron Rodgers will throw fewer than 2.5 touchdown passes, or if the Masters winner will shoot more than 278.5 strokes over the course of the weekend.
This also covers riskier wagers. Betting on the start of the national anthem during the Super Bowl is a well-known illustration of this. There will be a time stated for the anthem’s duration, such as two minutes and two seconds. The under would triumph if the performer completes it in one minute, 59 seconds. Some states’ gambling laws forbid some prop bets, including the anthem, which obviously has no winner or loser.
Factors in totals
The process of calculating a total involves many factors. The pace of the game is crucial in basketball. Teams who play quickly or poorly defensively will have greater totals. The total may be a little lower in baseball if a left-handed pitcher is opposing a team whose best hitters all bat left-handed. Outdoor sports are significantly impacted by the weather. The total will typically be high at Wrigley Field if the wind is blowing out. The sum is probably lower if Lambeau Field is a snowy, slippery mess. All of these are taken into account when calculating a line, so be sure you are aware of them before placing a bet.
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