What Does Over Under Mean In Betting
Over / Under Betting Odds Explained Betting on the over/under point total of a game is quite popular when making a sports wager. Bettors tend to really like betting on over/under because they don't really have a rooting issue for one team or the other, but rather offense or defense.
I have to admit, I’m one of those sports fans who if I don’t know what something means, I have no shame in asking. Except when it comes to things that I should technically “already know”.
- That would mean there would be a push, a tie, and all bets would be returned. In our example if the point totals are under 35, the under wins, of they are over 34, the over bets win the money. It’s that simple. Using the Spread with the Over/Under. In NFL sports betting, the over/under is not simply picked out of the air.
- “Over Under betting”, in the US also popular as “Totals” betting, is one of the three basic markets in the sports betting industry. Backing the event winner is still the most popular market, but the “Totals” and “Spreads (Handicap Betting) are right behind.
- Before a game begins betting over or under the total points scored is usually a -110 wager. Bettors will wager $110 to win $100 for a pre-game totals bet. If bettors wager a lot more on one side of the total, the moneyline might change before the actual point total moves. At a certain point, the sportsbook will reset the total and the moneyline.
- Over Under Betting is the second most popular type of NFL betting, just behind spread betting. Over Under Betting is also known as “Game Total Betting” and you will often see it be referred to as either term. Beginner NFL bettors may be confused by Over Under Betting, but it.
That is the problem that I continuously run into the problem of when I hear the terms “cover the spread” or “I’ll take the points”. I do what a lot of girls do, shake my head and smile to give off the perception that “yeah she knows what she’s talking about”.
Many girls feel somewhat afraid to ask questions when it comes to sports.
Usually they are laughed at for not knowing things that seem very simple to the avid sports fan. Avid fans seem to forget that you could spend dozens of years learning about so many rules, stats and the history of each sport and still not know everything.
But that’s also what makes sports so much fun to watch and learn.
I decided instead of asking someone what “covering the spread” means, I would just take the simple route: When it doubt, Google it. And I’m pretty sure, the search engine won’t be laughing at me!
Read on to find out what a point spread, covering the spread, against the spread and over/under mean….
The “spread” is the difference in points scored by opposing teams in an athletic competition. The spread is also known as “the line” or “morning line”. This provides the basis for wagering : points may be “given” or “taken” to equalize a bet, or bets may be made that the difference will be larger or smaller than the estimate.
In simpler terms its when one team is the favorite over the other… so the spread is how many points the favorite has to beat the underdog by.
The spread is the difference in points between the two teams when the game is over. It’s what oddsmakers come up with to determine the winner and margin of victory of a game.
For example: the Lakers are the favorite over the Spurs by 5 points. So the Lakers must beat the Spurs by 5 points to cover the spread. This is how it will be written out in a Sportsbook
Lakers -5
Spurs +5
If one team is minus, then the other team is plus of the same number, so really you only need to see one of the numbers, to know the other.
If the line on the Lakers was -5.5 instead of -5, you would have to bet 6 (and have the Lakers win by that much) in order to collect on a bet. If you bet just the -5 then some betting sites would at least give you your money back or a credit towards future use.
A bet where you try to determine which team will cover the spread; not necessarily which team will win. It’s also known as ATS.
Over/Under means the odds-makers picked the most likely total combined score of both teams. For example in an NFL game with the Jaguars vs Dallas the over/under is 37. You can either bet on either “over” or “under”. Over, is if the two scores added up at the end, total to over 37. Under is if when you add them together, they’re less than 37. If the total is 37, it’s a tie, or “push” again.
If your anything like me and math is not your strongest suit, you will have to read that a couple dozen times to fully understand it. It took a while to find a clear answer on these questions but saved a lot of time from pretending to understand and trying not to look confused if someone were to explain this to me in person.
Over Under Betting is the second most popular type of NFL betting, just behind spread betting. Over Under Betting is also known as “Game Total Betting” and you will often see it be referred to as either term. Beginner NFL bettors may be confused by Over Under Betting, but it is very easy to learn and understand once explained.
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In Over Under Betting the oddsmakers will set a number of points in which they think both teams will score in total throughout the whole game (including overtime if necessary). Bettors will then be able to bet on the total number of points scored by both teams combined to be over or under that set game total number. For example, the number may be set at 42.5 points. If you bet the “over” you would need a combined 43 or more points from both teams in order to win your bet (a 28-17 score would win you the bet). If you were to place your money on the “under” you would need both teams to combine for 42 or less points throughout the game (a 21-17 game would win you the under bet).
Example of NFL Over Under Bet
Below is an example of what an NFL Over Under line would look like:
Baltimore Ravens vs Pittsburgh Steelers
What Does Over/under Mean In Betting
Over 37.5 (-110)
Under 37.5 (-110)
The number next to the Over and Under is always going to be the same, and represents the set game total. In this case the game total was set by the oddsmakers at 37.5. You would then have the choice to place your bet on both teams scoring more than 37.5 combined points (the Over) or less than 37.5 combined points (the Under). The (-110) beside each choice represents the betting odds, which I will explain more below.
If the final score ended up being Pittsburgh 21 Baltimore 14 we would have a total combined score of 35 points, and therefore the “under” bet would win.
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Other NFL Over Under Betting Information
Although the most common odds set for Over Under lines are -110 or 10% juice on either side it definitely isn’t always the case. The set game total number will always be changing in small increments before kickoff, but the odds will always slightly change before the game total does. Using our above example we might see the odds changed to “Over (-105) and Under (-115)” before we see the game total number adjusted to 37.
That brings me to my next point about NFL Over Under Betting – the game total doesn’t always have to be a decimal number. Although more often than not they are a decimal numbers, you will often see the game total being an even integer such as 39, 41, 44, etc. With an even number game total you may see the combined score end up exactly on the number. In that case the bets on both the Over and Under would be refunded. For example, if the game total was set at 41 and we had a final score of 24-17 it would be considered a “push” and all bets on either side of the number are refunded back to the bettors.
Some of the better online betting sites, such as 5Dimes, may even allow you to adjust the game total either way with the odds of course reflecting the change (known as alternate lines). For example, the game total was set at 41.5 and you thought the oddsmakers did a bad job and the game was going to be a lot higher scoring. In some sportsbooks you would be able to select an alternate game total of 44.5 for example and bet the over, which would payout a lot more than the over on the 41.5 line.
If you are looking for the best odds for over/under NFL betting you will want to sign up for an account at www.5Dimes.eu (accepting all countries) and you will also receive a free money bonus of up to $520 on your first deposit – just contact their live support team before depositing.
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