How To Read Odds & Bet On Sports
If you want a way to root for both teams to score — or root against both teams scoring — betting the total is the way to go. For example, if the Pittsburgh Steelers are playing the New York Giants, the over/under could be set by the sportsbook at 43.5. If you bet the over and both teams score 44 points or more — a Steelers victory, let’s say — you win the bet.
Sports like baseball and hockey offer over/under options, but the vast majority of bets on those sports in based on the established “money line” to pick a winner at a set price. Of course, bettors will not necessarily risk the same amount of money on both outcomes every time. In such circumstances, there are two ways a sportsbook can mitigate the risk.
Use the rotation number/numbers and the name of the team/teams you want to bet on. The rotation number appears to the left of each team and is used as a unique identifier so that there is no confusion about what you want. That said, if you’re planning to visit a state where gambling is legal, and intend to bet, you should at least be armed with some information. Generally speaking, you can expect to see the NHL Over/Under line range from 5.0 to 6.5.
When you do this across the field or the court, you’ll start to be able to form an opinion of how you think the game is going to go. When people think about a sports bet that has to do with points, their focus automatically shifts to the offense. This seems logical as the only way that you usually get points is through your offense.
For example if two people bet on the Chiefs to win the Super Bowl but John bet it one week before the Super Bowl at -130 and Joe waited until Sunday and got K.C. At -120, Joe is getting the better price and payout, percentage-wise. The potential payout is based on the pricing of any spread bet in the parlay. The terms may be used interchangeably at legal online sportsbooks and among media covering sports betting. Sportsbooks also use current betting stats for the specific Over/Under bet to recalculate their totals throughout the betting period.
Make sure that you’re getting the correct potential reward for the risk that you are taking. If you’re not happy with the payout and don’t think it’s fair, don’t bet and find another option. In sports like soccer, baseball, or hockey where fewer points are scored you’ll see differing payout odds for the over/under.
This usually means that the over is getting more bets and/or is viewed as the slightly more likely outcome. For example, in basketball, moving a line by half a point won’t dramatically change the bet, so that will often happen without the odds shifting. However, in hockey, moving a line by half a goal is a big difference. In this example the Jets are listed as four-point favorites (-4) over the Bills and the 49ers are three-point underdogs (+3) against the Seahawks.
There’s a lot that goes into making totals, and it of course varies by sport. Bookmakers and bettors use many inputs — including how fast each team plays, offensive and defensive efficiency, weather, and more — to create a total. A standard bet on a total is treated just like a point spread. The sportsbook will take its 10% cut, displayed with American odds. A total, also known as an over/under, is a bet on the amount of points both teams will combine to score in a game.