What Are Totals And Over Under Bets?
Over time, the over/under moves inch by inch until it reaches its closing line when the contest begins. This is especially true in soccer, where 3-2 is considered a high-scoring game. As a result, a very common total for soccer is 2.5 goals, and the odds are rarely equal for both the over and under. You can do a Round Robin and it will essentially give you 3 separate parlay wagers. Each with 2 selections…every possible 2-team winning parlay from your three picks. When you see the number displayed as a positive number such as (+150), it indicates how much money you will profit if you RISK $100.
Over/unders come in all shapes and sizes — you can wager on the total points scored in a game, or on prop bets like total field goals in an NFL game or total rebounds by an NBA player. How does the sportsbook achieve getting even money on both sides of a totals bet if the payouts are usually the same? Well, instead of adjusting the payouts to encourage and discourage action, the book will adjust the totals number to try and achieve their goal.
Most sportsbooks will let you include over/unders in parlays. Parlays allow you to roll over your bet winnings for much bigger payouts, but they bring a large downside in that every bet in the parlay must win for it to bring any return. You’ll get an even money payout on your under bets in this market while you have lay $12 for every $10 you hope to win on the over. Even outdoors on grass in likely cold weather, this game figures to see plenty of points scored. While 54 would have been astronomically high a few years back, continued rule and strategy changes benefiting offenses have made it a number you’ll see every now and then. From there, the betting market takes the reins, starting with small limits once the markets open.
Also known as a total points bet, an Over Under bet is one of the most popular types of wagers around. These bets are simple to make, yet completely unique in nature. Unlike other wagers, Over/Under bets are centered around the grand total of points scored during the game rather than which team wins.
Using American odds, this will result in both outcomes initially being quoted at -110 (i.e. bettors must risk $110 to win $100). If the amount bet on both outcomes is exactly even, using such odds would result in the sportsbook earning $5 in gross profit for every $110 wagered. For example, in Super Bowl XXXIX, most Las Vegas casinos set the over–under for the score of the game at 46.0.
A parlay of Bills and the under means the Bills must win and the total be under 38.5 for a successful bet. Your job is to decide whether the total number of points scored in this matchup will be more than 208 (called “the over”), or less (called “the under”). As you can see the prices for each side are the same, as is quite often when betting on totals.
The underdog odds have improved to +105, meaning our $100 wager would return $205, including $105 in profits. Adjusting the juice on totals markets is extremely common in today’s betting market. We hope this short beginner’s guide to understanding and interpreting odds will give you the confidence to get out there and start making winning bets. Our experts are here to help you on this journey, so do not hesitate to contact us with any questions you have about sports betting! We have only scratched the surface on reading betting lines, but this is an excellent place to start. As more and more states pass laws to legalize sports betting, you will also be able to place wagers at local casinos in your area.
You will understand the odds after reading this article, but there are a few other rules and common practices you want to be familiar with that are specific to Vegas. We have an excellent list of the top places to bet online (that take U.S. customers). If you are looking to maximize your first deposit, we also have a great comparison of the best sportsbooks signup bonuses for you. Once you’ve read the primer below on reading the odds, you will have no problem navigating these sites.
Sometimes they’re pretty drastically different from book to book as they sometimes offer different totals. It’s always wise to shop around for the best price for the side you like. For example you might see 51 points on one book and 51.5 points at another.