How much does above under necessarily mean inside bet

Betting 101

A bet on Dallas would win if they won the game straight-up or if they lose by 7 or fewer points. Both sides of an against-the-spread bet pay the same, but the teams are obviously not of the same quality. A point spread evens things out and gives both sides of the bet some wagering appeal. 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.

A bet on New York costs more; you would need to place a $140 wager for a chance to win $100. The betting public then gets its chance to weigh in and decide if they like the number to be over or under the projected totals. Hence, the name Over/Under is used interchangeably with Totals when talking about these types of wagers. The trend can be your friend lots of times in sports betting, but it can also turn out to be nothing more than noise. This applies to Totals betting as well, but it’s still a critical step you need to take when handicapping. In addition to line moves, it’s important to note that there can be differences in the odds at various sportsbooks.

However, you never know when there might be money on the line. Sometimes, it’s easier to see how wagers work with examples. So, here are a few samples of actual bets that were, at one time, offered on DraftKings Sportsbook. We’ve touched on how over and under betting works, but we’ll provide an example to make things crystal clear.

If the combined points total of the Pittsburgh Steelers versus Los Angeles Rams is less than 39.5, the under bet wins. It doesn’t matter which team wins; the only thing that matters is that the combined points total is less than 39.5 for the under bet to win. Over/Under odds are available on a wide range of betting options including NFL over under, NBA over under, and MLB over under selections. It can get a little confusing understanding all of the odds and bet selections with sports betting. If people continue to bet the over, the bookmaker will continue to adjust the odds upward and eventually bettors may have to risk $145 to win $100, or -145.

Even if they reconvene the next day and play, books often cancel bets and produce a new market. Generally speaking, if you bet the over, you can root for overtime and extra innings/periods because they’re very, very good news for you. Under bettors loathe such things, as they simply extend the clock to allow for more scoring. You’ll get an even money payout on your under bets in this market while you have lay $12 for every $10 you hope to win on the over. From there, the betting market takes the reins, starting with small limits once the markets open.

As you begin to gain experience with Totals betting, you’ll get a good sense of the ranges that are specific to each sport. After you have a handle on that, you’ll be able to quickly decipher the potentially low-, mid- and high-scoring games from any slate you see. For example, let’s say you have done your research on an NFL game that had a projected total of 56.5 points and odds of -110. While a half-point may not seem like that big of a deal in the grand scheme of things, the reality is that it is.

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