What does Over Under mean in sports betting?
That’s the expected point total for this match, based on the bookmakers’ expertise. In other words, the Jazz and the Mavericks are expected to score a combined total of 217. If you bet the over, you’re wagering that the teams will score a combined total of 218 or more.
If you backed that line, you would have doubled your money and got some decent winnings. This example demonstrates the mechanics of the Over/Under betting market, its potential payout, and how bettors can calculate their returns based on the odds provided by the bookmaker. The payout for an Over/Under bet is generally close to even money, especially when the Over/Under is set close to what bookmakers believe will be the final total.
For example, let’s say the New York Jets are playing the Baltimore Ravens, with the line set at 49 points. The Ravens win 30 – 24, meaning if you’d backed the over, your bet would win, but if you’d backed the under, your bet would be a loser. Sol Fayerman-Hansen is Editor-in-Chief at RG.org with 20+ years of experience in sports journalism, gambling regulation, and tech. His work has appeared in Forbes, ESPN, and NFL.com, covering U.S. and Canadian gambling laws, major sports events, and wagering trends.
American Odds Formula For “-” Odds
Betting the over/under is the same in every sport, but each comes with some wrinkles. Below, we’ll provide an over/under bet example for the NFL, NBA, MLB, NHL, and Soccer. It’s likely you will want to root for points and offensive success instead of rooting for defensive dominance, but this shows that sometimes taking the under is the smart play. Perhaps unsurprisingly, under’s have been a better bet in every sport in the last five years, but only marginally. We’re here to help you understand DraftKings US Open Bets for Cash and GPP Contests with expert analysis, guides, popular strategies, and more.
You need to master betting strategies, stay updated on game changes, and use advanced tools. We analyze every game to help you find the best bets and best odds to wager on today’s games. Betting over/unders in baseball is as simple as in football, although you may see far more diverse extremes in terms of odds and prices depending on where you’re putting your stake. Below is a list of some of the most prominent sports categories and over/unders that are typically listed at UK-friendly online bookies, so let’s start from the top. Over/Under bets are always listed in negative odds (-) rather than positive odds (+). Negative American odds (-110, for example) show how much you need to bet in order to receive $100, making payouts easy to calculate.
In baseball, if a left-handed pitcher is facing a team whose best hitters all bat left-handed, the total might be a bit lower. If the wind is blowing out at Wrigley Field, the total is usually going to be high. If Lambeau Field is a snowy, slippery mess, the total is likely to be lower.
- When a sportsbook makes over/under odds, the book places a line on a game that represents a total number of points scored between the two squads.
- If you have a suite of expected low scoring football matches, to keep the example simple, betting on unders for total goals might be a sensible way to maximise value.
- Sportsbooks want each betting side to be equal because when they are, one side essentially pays the other side, and the sportsbook simply keeps the percentage from the vig.
- The best way to explain how Over/Under bets work is to look at a couple of examples.
- Throw in an over bet so you can be confident in your parlay.
- Here we look at tried and tested Over/Under betting techniques that can increase the success of your Over/Under bets significantly.
The Over/Under betting, often referred to as a total bet, is a wager on the combined number of points, goals, or runs scored in a game by both teams. The bet isn’t concerned about who wins the match but rather the total score at the end. Bookmakers set a predicted total, and bettors wager whether the actual total will be over or under that number.
Bettors don’t need to predict the winning team but must decide whether the final score will be higher (Over) or lower (Under) than the line set by DraftKings Sportsbook. For example, if the Over/Under for an NBA game is set at 231 points, bettors wager on whether the total points scored by both teams will exceed or fall short of that number. Whether or not a game going to overtime will count toward your bet will depend on the sportsbook you use and the bet you place.
In the event of a push, you do not lose the wager and the amount of it remains in your account to either withdraw or use for other bets. A comprehensive guide to U.S. states in which FanDuel Sportsbook offers legal online sports betting. This guide also explains which other FanDuel platforms (FanDuel Casino and FanDuel DFS) are available in those states.
Can you get a push when betting the over/under totals?
The odds and potential payouts will vary greatly, but otherwise this wager works the same way every time. When the total is expressed in half-points, there are only two outcomes, and it’s easy to see why. If the set total is 2.5 goals, the combined score of both teams can be only Over or Under that figure.
In this article, we intend to tell you about the meaning of total bets, analyze a real example and learn the secret tips for successful betting with Total Over/Under. Not betting on a specific team can be a little weird for newcomers. Though if you know a sport inside and out, it can be a real money maker. And as one of the most popular bets offered by a sportsbook — it’s a bet type that all sports bettors https://bcgameindiaofficial.com/ need to get acquainted with.
The final score can either end up over, under, or as a push with the line set by the sportsbook. Another strategy you might like to consider is using under or over markets as part of an accumulator. Say you’ve got a few outrights on your betslip – adding a couple of over/under lines could be a good way to increase a potential cash out offer for early settlement. It’s just another device you can use when structuring your betting lines to position yourself for maximum value from the bets you take.
What is Arbitrage Betting?
All of these factors combine to offer a big picture look at how many points might be scored in a given game. When wagering the total bets, one should carefully analyze the statistical indicators of both teams, comparing them with each other. The newbies in the world of betting may think that the Total Over/Under betting strategy is very primitive because you only need to guess the number of goals/points/sets, etc. In reality, everything is much more complicated – the total betting can result in lots of losses.
Hockey totals combine elements of other sports and events like empty-net goals, penalties and power plays, which can all sway the outcome. Even a strong power play from a team can have a big impact, so there is a lot to consider when placing these bets on NHL games. DraftKings is a well-known sportsbook that offers a variety of betting options, including a great selection of live over/under totals. This allows you to place over/under live bets during ongoing games. The O 53.5/U 53.5 (the totals line set by the sportsbook) is just one part of the wager. The (-110) under each of those totals displays the payout odds for a winning bet.
Type in the amount you’d like to bet, then palace your wager. All that’s left is to watch the game and hope your selection wins. For example, if the Chiefs win the game by a score of 30-20, bettors win on the under. The 50 points scored between the two NFL squads comes in at under the 53.5 total in this scenario.
Bettors can then place a wager on whether they believe the total combined score of both teams will be over or under that line. New members who sign up for an account with DraftKings Sportsbook can claim $300 in bonus bets from just a $5 winning bet! There are no odds restrictions tied to your qualifying wager, and you’ll receive twelve $25 bonus bets instantly after it settles as a win! After signing up for a new account and depositing $5+, you can win a bet of $5 or more on any betting market to secure a $300 welcome boost.
