How Do Over Under Bets Work? - Over Under Betting Explained - YouTube

Channel: Safest Betting Sites

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Totals betting, also called Over Under betting,  
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is the second most popular option  to point spread wagering. For some,  
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betting on totals is an afterthought to  point-spread wagering and moneyline markets.
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Totals bets have always been a favorite of  sharp sports gamblers. Understanding totals  
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and focusing your attention on them, even  more so than moneylines and point spreads,  
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can lead to higher profits. The total or over/under is  
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the oddsmaker's number on the total amount of  points scored in a given game. Bettors simply  
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need to choose whether the number of points  scored in that game will be higher or lower  
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than the oddsmaker's proposed total. It's traditionally made with the combined  
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scores of the two teams or participants.  Considering total markets have increased since  
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online gambling exploded in popularity,  there are now first-half, second-half,  
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quarter totals, 5-inning totals, period totals  and individual team totals in many sports.  
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Betting on totals is incredibly simple.  It's far easier to understand than point  
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spread or Moneyline wagering. Bettors have two  options: wagering on the "Over" or "Under."  
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It doesn't matter what team wins or loses  with this kind of bet; what really matters  
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is predicting the number of points scored. In this example, we have a contest between New  
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England Patriots and Buffalo Bills, once the  game ends, the total number of points scored  
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by both teams is added together to determine  the total points scored. For this contest,  
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the total is 43 points. A bettor can place a  wager on the total of both teams to go over  
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the 43 points, or he can place a wager  that the total goes under the 43 points.
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If you bet $110 on the Over at (-110),  
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and the total score is 44 points,  you would win $100 profit.
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If you bet $110 on the Under,  and the total score is 44 points,  
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you would lose the wager. You would have  needed a score of 42 or fewer points to win.
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If the total number of points lands precisely  on 43 points, the bet would be graded a push.  
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Wagers from both sides would be refunded. If the total was 43.5 instead of 43,  
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that eliminates the possibility of a push.  A total or over-under with a half-point,  
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known in betting jargon as a "hook", will always  end with either an 'over' or 'under' victory. 
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Since there are no half-points awarded in sports,  there is no possibility of a push. If a contest  
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with a 43.5 total ends with 43 points, 'under'  backers would win their wager. If the game ends  
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with 44 points, 'over' backers would win. It's important to remember when betting on  
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American sports at USA friendly sportsbooks, that  the total includes any overtime or extra periods.
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This is contrary to 1X2 wagering on soccer  in European betting markets. Where totals  
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are only scores counted in regulation, not  in any extra time period. For all US sports,  
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the overtime or extra period is taken into  account when calculating the total points;  
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unless stated otherwise. It's also important to  
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remember that the attached moneyline odds may  change depending on the sportsbook. In our  
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example above, the juice is -110. However,  often bettors will see these odds change  
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but may not see a change in the actual number.  Instead of -110 on both sides of the 43 total,  
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the market may look like this: · Over 43: -115 
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· Under 43: -105 Notice the difference  
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in juice when betting on the over versus the  under. Bettors will now have to wager $115 to  
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win $100 on the over. The underdog odds are at  -105, meaning our $105 wager would return $205,  
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including $100 in profits. Adjusting the juice  on totals markets is extremely common. You will  
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almost certainly see it at every online sportsbook  these days. It's a way for the oddsmakers to  
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move odds while sticking to a particular number. At just about every online sportsbook, the limits  
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for totals are less than sides and moneylines.  For some sports, the difference is huge.
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In most other sports, particularly  basketball, both college and pro,  
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the betting limits are similar. There are few  sportsbooks that will accept as much on totals  
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as they do on point spreads and many seem to  forget that totals markets exist. We're being  
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a bit tongue in cheek, but the reality is  that gamblers often are too focused on sides  
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to recognize the value in betting totals. Each sport is going to have its intricacies  
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when it comes to betting totals. One thing  to consider is that the public does bet the  
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favorite and the over more often than the  underdog and the under. The squares lose at  
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sports betting, so suffice to say, it's  not going to be advantageous following  
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their betting patterns. We don’t recommend  “fading the public” as a betting strategy,  
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but you will typically find more value  wagering on unders rather than overs.
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At safestbettingsites.com we have advanced  strategies for betting on totals for both  
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NFL and NCAA football. We also touch on totals  for the most popular sports like basketball,  
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hockey, and baseball that you can use to  make wise decisions when betting on sports.  
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Start learning from our sports betting  wiseguys, and avoid being called a square!