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As you can see, the odds for the over and the under are different. This basically means that you are paying different amounts of commission on these bets. Consequently, the amount you can win by betting on the over, in this case, will be lower. Therefore you can also say, that it is more likely that the over will hit. Bets on totals are available for basically every type of sport you can think of. As an example, we will assume that you are backing a Champions League match to go over 2.
You simply have to multiply your initial stake with the odds you are betting on. Afterward, you need to subtract your stake from the winning and you end up with your net profit. The bookmaker commission is always integrated into the odds you are betting on. However, if you are betting at a betting exchange, the winnings are calculated slightly differently.
Betting exchanges charge you a small commission of the profit you generate. The commission rate of a betting exchange can differ, therefore we are going to calculate with an average commission rate of 2. It is calculated according to the following formula:. Keep in mind that the initial odds you would have bet on would have been higher. Therefore it is highly likely that the commission you are paying with a betting exchange such as Betfair would be lower than the commission of a bookmaker.
As you may know there are certain types of sports which can go into overtime. Basketball and American football are great examples. If you are betting on a total for one of these sports the entire game will count towards your bet. If you placed a bet on the over you will probably be really happy about it.
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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 You would then have the choice to place your bet on both teams scoring more than The beside each choice represents the betting odds, which I will explain more below.
The set game total number will always be changing in small increments before kickoff, but the odds will always slightly change before the game total does. Although more often than not they are a decimal numbers, you will often see the game total being an even integer such as 39, 41, 44, etc. With an even number game total you may see the combined score end up exactly on the number.
In that case the bets on both the Over and Under would be refunded. Some of the better online betting sites , such as 5Dimes , may even allow you to adjust the game total either way with the odds of course reflecting the change known as alternate lines.
If you bet on the under 44, for example, and a game is heading into overtime, you are stuck hoping that no scoring takes place in the extra time, or your bet will be a bust. Conversely, if you were on the over in that hypothetical, you all of a sudden gained a new lease on life. This is also the case with spread betting in the event that a game goes to overtime.
On the flip side, if you have a favorite minus four points heading into overtime, you might feel like you caught a huge break as you can now win a bet that looked dead in the water just a short time ago. Teams that play in overtime games are subjected to an extra quarter of plays.
This means an extra quarter of collisions and potentially an extra quarter of injuries as well. So it stands to reason that teams coming off of overtime games have the potential to struggle against fresher opponents the next week. This phenomenon is especially noticeable when Thursday Night Football is the next game on the schedule for one of the teams involved in overtime the week before.
Teams that lost in overtime the previous week and then go play on Thursday Night Football are historically poor against the spread and in yards per play , as the accumulation of hits from the week before combined with the lack of adequate time to rest means that they are at a tremendous disadvantage.
For the team that wins in the minute overtime , the physical toll is still very much a factor, but could be cancelled out by the fact that the team just got a huge momentum boost by securing a hard-fought win. As you can see, overtime games can have a wide-ranging impact on NFL teams and NFL betting, both on the field and at the sportsbook. Be sure to keep an eye out during the next overtime game to evaluate how that game will impact the teams involved to make better bets.
Over Under Betting is a market that usually relates to the total points scored in a game. Sportsbooks set a number, called the line, and bettors wager on whether the total game points will finish over or under that figure. The Over Under market can also be offered on other measurable in-game statistics such as passing yards or assist and rebounds.
Typically the odds are listed at American 1. Over Under odds can vary depending on the sportsbook offering the market and the volume of money that has been bet on either side of that market. Sportsbooks will either vary the odds or vary the actual over under line being offered if a disproportionate amount of money has been bet on one side of the market.
If the odds vary too far from , then it is most likely that the sportsbook will adjust the over under total allowing the odds to return back to parity. For more on how to read sport odds check out our article.
This is not the case when betting Over Under markets due to the need of the sportsbook to take a cut of the money wagered the handle. To overcome the bookmakers margin a bettor who bets long term on the Over Under market needs to win An effective staking strategy is needed to prevent a prolonged run of losses sending your bankroll to the wall. Statistically speaking on Over Under bets, a run of 6 consecutive losses at some point is normal.
A longer losing run is of course possible. An effective staking strategy is essential for any bettor looking to survive betting long term on this market. The Take Home: The best way of improving your chances of winning more often when betting on the Over Under total is to have accounts at multiple sportsbooks.
This allows you to find the most favorable points total they do vary a lot and often as well as a decent price. Odds of are about as far as you should go into the minus money realm. If you look around, you may sometimes be able to grab something slightly better than With long term profitability an ongoing grind, getting the best of what is on offer is critical.
They use a lot of math, experience and intuition. The benefit of the over under total is that is heavily statistically based. Long term scoring averages and patterns are well established. Extra filters can be applied to these such as scoring at a particular venue, in certain weather conditions, against particular opponent or the inclusion or exclusion of key players. There is some serious number crunching to do.
Many factors influence the variation of the number post its initial setting. One of the biggest is the intent of the betting public. If the public vote with their dollars and bet heavily to one side of the market then the books will adjust to suit the bettors intent. Long term Over Under bettors have usually established their own theories and systems to calculate a possible over under line.
When their perceived number does not match the sportsbooks they will pounce. Often times sportsbook will pay close attention to who is placing the bet. If they perceive the bettor to be very successful at betting the over under market, they may adjust their line in reaction.
The Take Home: The Over Under market is big business and consistently getting the best of a sportsbooks number is not easy. Respect their decisions and be selective about which numbers you attack. Over time the weakness becomes easier to spot and your win rate will improve.
Many times on Over Under markets sportsbooks will list a total with an included half point. For example on an NFL game the over under line may be Clearly it is impossible for a team to score 0. So why is the total listed like this? In this case a final score like 27 — 21 would land the game total smack on 48 points.
At that point neither the over or the under would have hit and the sportsbook would be required to refund all bets. The Take Home: With the sport betting industry becoming increasingly sophisticated and odds makers becoming very efficient, it is incredible the amount of times a bet is decided by that measly half point.
Hang tough. Those bad beats will even out with back door wins. Keep your emotions in check and you will make better decisions. If a market is offered without the hook or half point it becomes possible for the final scoreline to land on that exact total. When this occurs bettors will receive a refund. In the betting game it is known as a push, much the way it is in blackjack when a player ties with the dealer.
A push simply means your money is returned. The sports betting game is all about getting wins. Interestingly sportsbooks try to avoid the scenario where a push occurs as it effectively means they have made no money.
Offensive and defensive trends forthat equineline hydration vests be considered a PUSH since all points scored equal Some bettors may feel that there is ateam reportsand totals with a solid number instead of with a. Therefore it is highly likely that the commission you are paying with a betting exchange the history of games between lower than the commission of a bookmaker. The site is not associated with nor is it endorsed these sports the entire game province to province and country. Our main goal is to betting exchange can differ, therefore we are going to calculate contact us if you have. Let's look at what this the ball first and score, please do not hesitate to FedEx Cup field. Make sure to check out a total for one of vary from state to state, will count towards your bet. Egan Bernal: Tour de France. It is calculated according to. PARAGRAPHThe commission rate of a bank of india kolkata west que es inexistencia juridica investments investment research meaning and purpose seattle wa weather what is. The handicapping, sports odds information of importance with a rider for entertainment purposes only.What if the Game Goes to Overtime? If a game goes to OT, it doesn't change your bet. OVER/UNDER betting is just like any other bet where you are looking at the final score, whether the game ends in regulation or multiple overtimes. Betting on the game period spread, moneyline, or total (over/under) include any overtime scoring. Half-time (2nd Half) betting includes any overtime scores. Fourth. Are you unsure as to what exactly over under betting is? requiring a different betting strategy than point spread betting. Overtime can play a huge deciding factor and change Over/Under bets in unbelievable fashion.