What is Over/Under?
The Over/Under bet, also known as the Totals bet, is one of many different types of bets.
Alternatively, if you believe that the number of points will be lower, you would bet the Under.
In fact, it is about as common as Moneyline and the point spread.
How does Over/Under betting actually work?
If we use the example of Super Bowl LIV, the Over/Under for this example was 53 points.
In Super Bowl LIV, the winner was Kansas City, which won with a final score of 31:20.
What does it mean if the oddsmakers predict a number with a half point?
Sometimes, the oddsmakers might not choose a straightforward number such as 53 from our previous example.
If you see something like that, do not be alarmed.
What if the odds for Over/Under are not the same?
However, this is not always the case.
Such variations are common when there is a slightly higher probability of one outcome over the other.
What are the payouts for Over/Under?
This is commonly referred to as the flat rate.
In other words, if you wish to win $100, you have to bet $110.
In other words, the payout for every wagered $1 is about $0.91.
Of course, this usually comes with increased risk.
This goes beyond simple offensive or defensive stats of the teams that will play in the match.
For example, in football or baseball, wind can have a very strong impact on the game.
Just remember that this is still gambling, and losses are just as probably as winnings.
