How Does Over Under Betting Work?
Introduction
Sports betting is a popular activity among sports enthusiasts and betting enthusiasts alike, and there are many different types of bets that you can make. If you're new to the world of sports betting, however, it can be overwhelming to try to understand all of the different types of bets that are available. One of the most popular types of bets is the over under bet, also known as the totals bet. In this blog post, we will discuss what over under betting is and how it works, so that you can make informed decisions when placing your bets.
What Is Over Under Betting?
Over under betting is a type of sports betting where you wager on the total number of points scored in a game. The sportsbook sets a line, which is the total number of points that they believe will be scored in the game. As a bettor, you then have the option to bet on whether the actual total points scored will be over or under that line.
For example, let's say that the line for an NBA game is set at 215.5 points. You can then bet on whether the total points scored in the game will be over or under 215.5 points.
If the final score of the game is 110-105, the total points scored would be 215, which means that anyone who bet the under would win. If the final score of the game is 120-110, the total points scored would be 230, which means that anyone who bet the over would win.
How Are Over Under Lines Set?
Over under lines are set by the sportsbook based on a variety of factors, including the teams playing, the weather conditions, and recent trends in scoring. The sportsbook wants to set a line that will encourage equal betting on both the over and the under. This is because the sportsbook takes a commission, known as the vig or juice, on all bets placed Mostbet.
The vig is typically 10% of the wager amount, so if you bet $100 on an over under bet, you will actually be risking $110. This means that you need to win 52.38% of your bets in order to break even.
Tips for Over Under Betting
When it comes to over under betting, there are a few tips that can help you make more informed bets.
- Do Your Research: First and foremost, you should always do your research and look at the factors that can impact the total score of a game. This includes things like injuries, weather conditions, and recent trends in scoring. By doing your research, you will be able to make more informed bets and increase your chances of winning.
- Consider the Defenses: You should also consider betting on the under in games with two strong defenses, or the over in games with two weak defenses. This is because strong defenses tend to limit the number of points scored, while weak defenses tend to allow more points. By taking into account the strength of the defenses, you can make more informed bets and increase your chances of winning.
- Look for Lines with Lower Vig: Additionally, you should always be aware of the vig and try to find lines with lower vig, as this will give you a better chance of making a profit in the long run. By finding lines with lower vig, you can increase your potential winnings and reduce your risk.
Here's an example of a table showing how to calculate the payout for different odds:
Odds | Payout |
+100 | $200 |
+200 | $300 |
+300 | $400 |
+400 | $500 |
More Information
If you want to learn more about sports betting, check out our other blog posts on different types of bets and strategies for successful sports betting. You can also find a wealth of information online and in books about sports betting, so don't hesitate to do your research and learn as much as you can before placing your bets.
FAQ: How Does Over Under Betting Work?
What is over under betting?
Over under betting is a type of sports betting where you wager on the total number of points scored in a game. The sportsbook sets a line, which is the total number of points that they believe will be scored in the game. As a bettor, you then have the option to bet on whether the actual total points scored will be over or under that line.
How are over under lines set?
Over under lines are set by the sportsbook based on a variety of factors, including the teams playing, the weather conditions, and recent trends in scoring. The sportsbook wants to set a line that will encourage equal betting on both the over and the under. This is because the sportsbook takes a commission, known as the vig or juice, on all bets placed.
How do I win an over under bet?
To win an over under bet, you need to correctly predict whether the total points scored in the game will be over or under the line set by the sportsbook. If the total points scored are higher than the line and you bet the over, you win. If the total points scored are lower than the line and you bet the under, you win.
What happens if the total points scored are exactly the same as the line?
If the total points scored are exactly the same as the line, it is called a push, and all bets are refunded.
What should I consider when making an over under bet?
When making an over under bet, you should consider factors that can impact the total score of a game, such as injuries, weather conditions, and recent trends in scoring. You should also consider the strength of the defenses, betting on the under in games with two strong defenses, and the over in games with two weak defenses. Additionally, you should always be aware of the vig and try to find lines with lower vig.
What is the vig?
The vig, short for vigorish, is the commission that the sportsbook takes on all bets placed. The vig is typically 10% of the wager amount, so if you bet $100 on an over under bet, you will actually be risking $110. This means that you need to win 52.38% of your bets in order to break even.