What does OVER/UNDER Mean in Betting? OVER/UNDER betting is also called a totals bet. The total in any given sporting event is a combined score of both teams. The total for these games is an amount that is set by oddsmakers based on how they envision a game will unfold from a scoring perspective. The betting public’s rush to pick the favorite does not change either NFL club’s chances to win, but it does affect what a NFL Championship betting site can do with its odds. Bookies must balance the “handle,” or the amount of money taken on the game, so that the coffers are safe no matter who prevails. After oddsmakers release their opening lines at sportsbooks, the betting public almost immediately reveals which side of the number they like more and moves them accordingly. But while these early line moves may show where the public money is initially going, it does not obviously tell the whole story until we can see where the closing odds end up.
What is a Total or Over/Under Bet?
A total or over/under bet is a single wager on whether or not the combined goal, point or run total of a single game will be over or under what the oddsmaker sets it at before the event. When placing a total wager, all the bettor is concerned with is the combined score of each team at the end of the game.
Example:
Vikings +7 Over/Under 42
Packers -7
Steve loves the Packers and thinks they will score a lot of points in this game. So, he places a wager on “over 42 total points”. If the combined score of the Packers and the Vikings at the end of the game is greater than 42 total points Steve would win his bet. 41 or less total points would be a loss and 42 exactly would be considered a push or refund.
What Does Total Mean In Betting Terms
What Does Total Bookings Mean In Betting
Most sports books consider the end of regulation time or the point at which a game becomes official as the end of the game unless otherwise stated.