Explaining Totals (Over/Under) Bets – Sports Betting Basics and How-To Guides

Welcome to another GamblingSites.org sports
betting how-to video. I’m Drew Goldfarb, and today we’ll be
breaking down “Totals” bets. As we know, there are many different types
of bets you can place on sports, and “Totals” bets are one of the more popular. Also known as the “Over/Under”, this bet
is placed on the total number of points scored in a game by the two teams combined. Instead of worrying about who wins and who
loses a game, all you have to worry about here is how many points are scored. It’s one of the simpler bets available,
which can be very appealing to a bettor regardless of experience, but don’t be fooled by the
simplicity of this wager. Just like with any other bet, there are strategies
and risks involved. So if you’ve ever wondered how these bets
work, we’re going to get into it right now. Although they’re called “Totals”, this
type of bet is often referred to as the “Over/Under” due to the nature of the wager. In short, the sportsbook sets a number of
points that they think will be scored in a game, and you decide whether you think the
actual total number of points will be Over or Under that number. Let’s check out an example. So in this example, we’ve got a game between the Atlanta Braves and the Colorado Rockies. The “Total” is set at Over 10.5, -115,
and Under 10.5, -105. This means that the Totals line is set at
10.5 runs. So if you’re placing a bet, you’d be deciding
whether you think that the Braves and Rockies will combine to score 10 runs or fewer with
the Under, or 11 runs or more with the Over. In this example, the two starting pitchers
had combined to allow just 1 earned run over their first few appearances to start the season. So you might decide that this game was destined
to be a pitching duel and take the Under. But, if you thought that the early-season
sample size was too small, and that the thin mountain air at the run-friendly Coors Field
would mean this game would see some big home runs, you would take the Over. But what is that half point? It actually serves a huge purpose. Since you can’t score half of a run in baseball…
or a half-point in football or basketball, or a half-of-a-goal in hockey… that half-point
in the Total line is put there intentionally. Sportsbooks use that half-point to prevent
a push, which would result in a tie in sports betting. If the line is set at 10, and the final score
is 6-4, then your wager and everyone else’s would push, and nobody wins the bet. … So now you’re probably wondering how
much to bet? The other number in our example helps you
there. In our example, the Over was set at -115. That means that you would have to bet $115
in order to win $100 on the wager. Likewise, the Under was set at -105, so you’d
need to bet $105 on the Under in order to win $100. These are not even-money wagers. This is how sportsbooks make their money,
regardless of who wins the game. They set intriguing payouts on both the Over
and the Under, hoping to draw an even amount of action on both sides. In closing, betting on Totals has its advantages. None are more obvious than the simplicity
of the wager. You bet on the Over, or you bet on the Under. This makes it great for beginners because
of how simple it is to understand what you’re betting on, as well as whether or not you’ve
won. It also means that one of the two options
will pay out, so long as there’s that half-point on the Totals line. But do keep in mind that these wagers are
NOT even bets. You typically have to bet slightly more than
$100 to win $100. This is a great way to bet on a game without
having to bet on one team or the other, and you may even be able to do a bet on Totals
for just a quarter, a half, or a game when it comes to a sport like football or basketball. … That’ll do it for our “Totals” strategy
guide. Be sure to like, share and subscribe, and
keep checking out GamblingSites.org for more picks, tips, and of course how-to guides. I’m Drew Goldfarb, thanks so much for watching. I’ll see you next time.

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