Hi my name is Glen and I am the Odds Coach.
Today we're gonna be talking about over/under betting, or what is more
correctly called totals betting. Over under betting, or totals as it's
more commonly called, just involves the addition of the total score of a game to
come up with a total number of points the sportsbook predicts the
total number of of both teams scores will be. You place a wager that they
are either going to go over that number or under that number. it's really straightforward. Le
t's
just work through an example to make it clear. Here we have a Houston and Dallas in the
NBA. The total here is 212.5. Now
that half point means that there's going to be a winner, one way or the other. There is
no half point in basketball so essentially this games either going to go over this
total or under this total. The odds offered on this there will generally be one odd
for both sides. Essentially - 110, the 50-50 proposition
for this particular sportsbook, is the most common odd that y
ou're going to run into.
That really just means that a bet of a hundred dollars when you around $92.
In this particular game the outcome was actually 100- 111 What we do is we
add the total score together gives us 211 points. We realized 211
points is under 212.5. The under wins in this case, by one
and a half points. Anything under anything 212 and under
is a under winner. Anything 213 and above is a winner for the over.
The over/under is a very interesting type of bet. A pretty common one bec
ause
you can be wrong on who's going to win the game and still win your over/under
bet providing you have a better feeling for how many points are going to be
scored then the sports book does. There's some very interesting human
psychology driving over under bedding Typically we like to take overs and it
makes sense from a psychological standpoint because there are an infinite
number of outcomes that lead to an over score. You can have hundreds of points above the over. There
is just more optio
ns versus the under,where there's only 212 options for
that outcome. The sportsbooks knows that humans lean this way and are more
likely to bet the overs. They adjust the total to try to
balance at the money on one side or the other. Always be aware of that when
you're placing an over-under bet. Over unders can be seen in most sports but are most common in NFL and NBA. The the higher scoring sports. They're a little bit different in
baseball and hockey and I'll address those in
another video. Es
sentially over under is adding the points scored together to see whether or not your prediction is above or below the sportsbooks
prediction. if you took anything away from this
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videos also remember that each video has an
associated article on oddscoach.com where we go into a little more depth and
there's downloadable files. Also on odds coach you'll find calculators, more in
depth reading articles and sports book reviews
. Thanks again for watching
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