What Is The Over Under In Sports Betting?
With so many teams and leagues to choose from, there are tons of odds you can choose from as well and that brings us to over/under betting which I’ll now discuss. Bookmaker’s interest – In order to guarantee a profit for the house, a bookie needs to create even action on both sides of a particular game. In a perfect world the bookie would have 50 percent of the handle come in on the underdog and 50 percent on the favorite. This ensures that the sports books are guaranteed a profit because of the 10 percent commission or “vigorish” charged on most sports wagers. If one side on a game is being bet more heavily, the bookie must move the number in order to attract interest on the other side in order to balance action. Betting against the spread – In the sports betting industry the acronym ATS is used to label a team’s record when betting against the spread.
By absolutely no means are we telling you not to pay attention to the offense. What we’re saying is that you need to make sure you approach each game with a balanced look. Spend some time looking at the offense, but also spend a considerable amount of time seeing how that offense fares against the other team’s defense. After you do this, break it down to the individual level. Now, you should always start by looking at the team-versus-team defensive matchup.
Do keep in mind that we will switch back and forth between calling the bet an over/under bet and a totals bet. Regardless of the term we use, we are referencing the same bet. These are just two different names for the exact same bet.
If you believe that the total score will be greater than 7.5, you place the over bet. Note that most over/under bets have the 0.5 number at the end, making a push impossible. If we go back to the same example and the San Francisco Giants are taking on the Dallas Cowboys with totals of 45.5, there is always going to be a clear winner in this type of bet. The number of 5.5 represents the total number of goals scored during the NHL match between the Canadiens and the Red Wings. You have to bet $110 to win $100 if you believe the total will be Over 5.5.
With odds of -110, you have to bet $110 on either team to win $100 in profit. Typically the odds on both the Over and Under bets are the same. This is because the casino is always trying to set a line that will attract equal action from the betting public on both sides of the line. Oddsmakers calculate how they think each team will perform in the game and then they combine those numbers into one prediction of how many total points will be scored by both teams.
If the game lands on 54, all over/under wagers get returned as if the bet never happened. Live betting has become more popular in recent years, and much more widely available. Increased technology from the bookmaking side has increased their ability to offer these markets, and bettors often enjoy in-play betting. Fast pace and quickly changing odds create a dynamic environment that challenges both the bookmaker and the bettor.
In this article, we will go over the basics of betting totals, along with some strategy and links to sport-specific articles which will most probably give you the edge you’re looking for. I wrote up a guide to golf betting that explains these unique features so you can feel comfortable wagering on PGA events too. In this case, you should look out for the relative offensive and defensive capabilities of both teams. This is one of the most straightforward bets to understand, but it can be tough to predict. In this case, if you are betting $110 that the total score will be over 184 points, then you could win $100.
You can bet whether the final score will come in over or under that total by laying $110 to win $100. If you like favorites, you’re going to be betting a lot to win a little. The money line will always be listed to the right of the point spread on the odds board in a sports book. In the above example, the money line would probably be Chicago -250 and Detroit +200.
Honestly, all sports betting predictions get easier when you start breaking things down to individual players instead of just analyzing team facts that may or may not be pertinent. For those of you serious bettors looking to make some money, the added betting flexibility of the over/under bet is fantastic. When you have a prediction about the flow of the game but aren’t sure about the winner, you’ve now got a way to cash in on that.