Sports Betting Explained
The over/under is a simple wager where the bettor decides whether the final score of a specific game will be over or under a published number. The number represents the sum total of points scored by both teams. Over/under bets are great for recreational sports bettors as well as professional bettors.
They’ll now give you the ability to bet either over 41 points or under 41 points. If you take the over, you will be betting that MORE than 41 points will be scored in the game. If you take the under, you will be betting that LESS than 41 points will be scored in the game. All major sportsbooks, including William Hill, BetRivers, FanDuel, and DraftKings, offer over/under betting options for users. An exception comes in the form of three-way markets – those with win, lose and draw options. Generally speaking, if you bet the over, you can root for overtime and extra innings/periods because they’re very, very good news for you.
Over under bets can result in a push if the Total figure presented by the oddsmaker results when the final whistle is blown. In college football, over/under scores are usually in the high-40 to low 50s – in the Big 12, the land that defense forgot, it can hit the 60s. But unders have been a better bet in every sport over the last five years — just not enough to blindly bet them and become profitable because of the cut the sportsbook takes.
When you’re looking to bet the over/under, just disregard everything else and focus on the part at the end. Let’s take a look at that and break down what it is telling you piece by piece. At 888sport NJ, sports fans can enjoy live betting, with up to date feeds on top sports events and bet selections. Simply scroll down the listing of NFL bets that are currently available and you will see the over/under odds listed. There has been no change to the over/under odds between the San Francisco Giants and the Dallas Cowboys. What is different is how much juice is required to win on this bet.
As more information comes into the market, the totals move as game day draws nearer. Information can come in the form of weather or injuries. One prime example comes in various draft seasons, when sportsbooks will open over under markets for individual players. Over 3.5 would win if a team selected Jones fourth or later, which is what actually happened when he went 15th to the Patriots.
The simplest way to think about a moneyline is to consider a base bet of $100. A moneyline is a number larger than 100, and it is either positive or negative. A line with a positive number means that the team is the underdog. If the line, for example, was +160 then you would make a profit of $160 if you were to bet $100.
In this example, the Los Angeles Lakers are the favorite, while the Warriors are the underdog. Now, if we want to calculate our winnings, let’s use the assumption that our bet is 100 dollars. If you bet $100 on the Warriors, you profit $210 over and above the initial stake of $100. If you bet $100 on the Lakers, you profit $40 over and above the initial stake of $100. So, to actually PROFIT $100 with the Lakers bet, you would need to wager $250. In most cases, the favorite will be the team with a negative moneyline .
For those thinking less than 38 points will be scored a wager on the under would be more to your liking. Since it is a bet on the total points scored it is irrelevant how many each team scores. Over/Under bets are not just limited to total points scored as below are some of the most common you’ll see. Take the Golden State Warriors, for instance, who have run roughshod over the NBA the past few years.
For example, a -200 money line means you would win $100 if you bet $200 and won. It is also equivalent to fractional odds of 1/2 and decimal odds of 1.5. When a money line is a positive number then the odds are the amount you would win if you were to bet $100 and were correct. For example, a money line of +200 would mean that you would make a profit of $200 if you bet $100 and were correct. That’s also equivalent to fractional odds of 2/1 and decimal odds of 3. If you want to spice things up, some books will give you a full range of totals to bet on with longer odds for each.