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Gaming Today: What is an Over/Under in Sports Betting? What is Totals Betting? - YouTube
Channel: Gaming Today
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Hi my name is Glen and I am the Odds Coach.
Today we're gonna be talking about
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over/under betting, or what is more
correctly called totals betting.
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Over under betting, or totals as it's
more commonly called, just involves the
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addition of the total score of a game to
come up with a total number of points the
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sportsbook predicts the
total number of of both teams scores
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will be. You place a wager that they
are either going to go over that number
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or under that number.
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it's really straightforward. Let's
just work through an example
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to make it clear.
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Here we have a Houston and Dallas in the
NBA.
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The total here is 212.5. Now
that half point means that there's going to
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be a winner, one way or the other. There is
no half point in basketball so essentially
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this games either going to go over this
total or under this total. The odds
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offered on this there will generally be one odd
for both sides.
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Essentially - 110, the 50-50 proposition
for this particular sportsbook, is the most
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common odd that you're going to run into.
That really just means that a bet of
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a hundred dollars when you around $92.
In this particular game the outcome was
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actually 100- 111
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What we do is we
add the total score together
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gives us 211 points. We realized 211
points is under 212.5.
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The under wins in this case, by one
and a half points.
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Anything under anything 212 and under
is a under winner. Anything
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213 and above is a winner for the over.
The over/under is a very interesting
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type of bet. A pretty common one because
you can be wrong on who's going to win
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the game and still win your over/under
bet providing you have a better feeling
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for how many points are going to be
scored then the sports book does.
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There's some very interesting human
psychology driving over under bedding
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Typically we like to take overs and it
makes sense from a psychological
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standpoint because there are an infinite
number of outcomes that lead to an over
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score. You can have hundreds of
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points above the over. There
is just more options versus the
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under,where there's only 212 options for
that outcome. The sportsbooks knows
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that humans lean this way and are more
likely to bet the overs.
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They adjust the total to try to
balance at the money on one side or the
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other. Always be aware of that when
you're placing an over-under bet. Over
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unders can be seen in most sports but are most common in NFL and NBA. The the
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higher scoring sports.
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They're a little bit different in
baseball
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and hockey and I'll address those in
another video. Essentially over
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under is adding the points scored together to see whether or not your prediction is
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above or below the sportsbooks
prediction.
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if you took anything away from this
video please remember to hit like and
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subscribe to the channel for future
videos
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also remember that each video has an
associated article on oddscoach.com
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where we go into a little more depth and
there's downloadable files. Also on odds
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coach you'll find calculators, more in
depth reading articles and sports book
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reviews.
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Thanks again for watching
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