What Is The Over Under In Sports Betting?
In this example, you’d be betting that if you added the points scored by the Eagles and the Patriots, it is either over 48 ½ or under 48 ½. As we’ve already touched on, an over/under bet is one where you are wagering on the total points scored by both teams in a particular contest. Like is common with most bet types, this is best understood and explained through an example.
It’s been common for them to be favorites on any given night. In such cases, your options are either to stake a lot of money to win very little, or hope for an upset that is far less likely to happen than the odds suggest. Betting the Warriors repeatedly will see your bankroll grow very slowly, in the best-case scenario. Betting their opponent will, most nights, see your bankroll shrink. As you can see in this example, it’s the exact same for the over and for the under.
The more risk-seeking you are, the more you will want to hammer these alternate lines. If you are more risk-averse and prefer the conservative approach, stick with the standard line and take down an easy win. When it comes to sports betting, you are in the driver’s seat. If the conditions are ripe for scoring, you can expect the total points or goals scored to be higher. If the conditions are garbage and favor the defense, look at the under. While a two-minute stretch of scoreless basketball may be boring to the casual fan, it is actually a very exciting time for someone who bet the under.
If it is higher than the predicted number, then the over wins; if it is lower than the predicted number, then the under wins. These are examples of ‘side’ betting with a point spread. There are also ‘total’ wagers that refer to the total amount of points scored by both teams. In the above example, the total, or “over/under,” in the Bills-Jets game is 49.
Sportsbooks look at a lot of factors in their prediction of the basketball totals, including teams’ history and statistics. You’ll find that the betting public tends to pile in on their favorite teams once they get home from work on Friday. You can anticipate these line movements and time your bet accordingly to take advantage. The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. To further explain, consider two people make a bet on each side of a game without a bookmaker.
If you chose the over and the final score was Cleveland 114 and New York 100, then you correctly predicted the total number of points and would have won! On the other hand, if you had chosen the under you would have lost. If the total number of points in an event is equal to the total (eg a score of 102 – 100), then it is known as a push. Sportsbooks give everyone back their stake and it is as if the bet never happened.
To avoid that, sportsbooks usually try and include a half number in the spread (e.g. -17.5), so that one side has to win. Using our example, the Steelers are favored to win over the Bills. We know that because our ROI on the Steelers is lower than the Bills. A $100 wager placed on the Steelers nets $80 while the same bet on the Bills nets $130. Still, the under is usually a worthwhile bet because oddsmakers know the public is way more likely to take the over and shade the line that way.