Over Under Bet Example
- Straight over/under bets pay out close to even money. For example, if you wager $20 on the over for a game between the Steelers and Ravens, and their cumulative points exceed the forecast, you can expect to receive $40 less the vig.
- You can probably guess why they are called over/unders now. For example, you could bet on the over/under total points score in a basketball game. The bet might be over/under 165.
- Bettors will then be able to bet on the total number of points scored by both teams combined to be over or under that set game total number. For example, the number may be set at 42.5 points. If you bet the “over” you would need a combined 43 or more points from both teams.
In this case, you are placing half a bet on over 2.0 and the other half on 2.5. If the total goal of the match is 2 goals, you win half your original bet (the other half is a push). If the total is more than 2 goals you lose the bet, and if it’s less than 2 goals you win the bet. Example of NFL Over Under Bet. Below is an example of what an NFL Over Under line would look like: Baltimore Ravens vs Pittsburgh Steelers. Over 37.5 (-110) Under 37.5 (-110) The number next to the Over and Under is always going to be the same, and represents the set game total. In this case the game total was set by the oddsmakers at 37.5.
Totals wagers are more commonly referred to as an Over/Under bet. The name of the wager is interchangeable and both are used in sportsbooks and in the media. A totals bet is one of the easiest and most popular bets to make in the sportsbook. The only more popular bet is picking winners. Betting totals are available for most major professional sports such as football, basketball, baseball, and hockey.
In most cases, when wagering on a total the bettor is simply choosing whether the total number of points scored by both teams will be over or under the listed total of points to be scored. That’s it. The winner and loser of the game don’t matter in a totals bet. The only thing that matters with this kind of bet is the number of points (runs, goals, etc.) scored.
Before a game begins betting over or under the total points scored is usually a -110 wager. Bettors will wager $110 to win $100 for a pre-game totals bet. If bettors wager a lot more on one side of the total, the moneyline might change before the actual point total moves. At a certain point, the sportsbook will reset the total and the moneyline will move back to -110.
Here’s an example from the upcoming Chiefs vs. Buccaneers Super Bowl game.
The over/under, or total, for this game is points. Bettors who wager on the Over need the total score to go over that number to win their bet. Anything under that number would be a winner for Under bettors.
If a bettor wagered on a total of 44 and the final score added up to exactly 44 points (24-20, for example) the bet would be a “push” and bets would be refunded.
Like all kinds of sports betting options, totals bets have expanded. Betting a total is no longer only available for pre-game bets. There may be totals available for partial games (quarters or periods), individual teams, and during in-play and live wagering. A partial game total might be a wager on how many points will be scored in a certain time period. Meanwhile, in-play bets could just be an adjusted total for the entire game.
ALSO READ: 5 Fun Super Bowl prop bets to consider wagering on
Over/under bets
Even though Totals and Over/Under may be used interchangeably for scoring, there’s another way to make Over/Under bets. An Over/Under bet can also be a proposition bet where there’s a wager made on a specific occurrence. A boxing match is a good example since scoring isn’t quite the same as the major sports:
Floyd Mayweather vs. Conor McGregor
The fight will last 9.5 rounds
- Over (-110)
- Under (-110)
Floyd Mayweather defeated Conor McGregor by technical knockout in the 10th round and over bettors won this wager. Had either fighter won the match earlier the under would have cashed since the result would have happened in the ninth round or sooner.
Over Under Bet Examples
Today there are Over/Under bets available for a number of sports beyond the major North American sports. Fights often have how many rounds will be complete while auto racing might have the number of laps finished by a driver. The possibilities for Over/Under wagers are prop bets are seemingly only limited by the imagination. Sportsbook operators continue to expand their betting menu with unique bets that include new Totals and Over/Under options.
Best sites to make an over/under bet
A totals bet is a wager where you will predict that an occurrence will be over or under a certain threshold. You can probably guess why they are called over/unders now. For example, you could bet on the over/under total points score in a basketball game.
The bet might be over/under 165. If the total number of points scored by BOTH teams is over 165, the over bet wins. If the total is under 165, the under wins. Usually, the points will be in half points to prevent ties (Over/Under 165.5)
As you can see, this allows you to cheer for both teams to score a ton or for both teams to do terribly. Most sports games will allow you to bet on the over/under of how many points/goals/runs are scored. Some sports will also allow you to bet on the over/unders of other occurrences.
Over Under Bet Example Music
For example, golf betting sites will allow you to bet on how many birdies or how many eagles there will be on a particular hole or during a particular tournament round. Other sports may allow you to bet on how many fouls, penalties, or yellow cards there are during a game. Basically, anything that can be counted during a game or match is a candidate for a totals bet and is probably offered somewhere.