Over/under bets are some of the most popular types of sw418 wagers available at sportsbooks. They are relatively simple to understand and can be placed in a wide variety of sporting events. In this article, we’ll give you a detailed guide to over/under betting, including how to read odds, how to place bets, and what type of strategies you can use to give yourself an edge.
Reading Over/Under Betting Odds:
When you’re looking at over/under betting odds, there are a few things you need to know in order to interpret them correctly.
First, let’s take a look at an example:
In this example, we can see that the over/under for this particular NBA game is set at 195 points. This means that bookmakers believe that there is a 50% chance that more than 195 points will be scored and a 50% chance that less than 195 points will be scored.
You’ll also notice that there is a (-110) next to each option. This number represents the amount of money that you would need to bet in order to win $100. So, if you were to bet on the over and more than 195 points were scored, you would win $195 (your original wager plus your winnings).
If you were to bet on the under and less than 195 points were scored, you would also win $195. However, if more than 195 points were scored or less than 195 points were scored, you would lose your original $110 wager.
Odds for Over/Under Bets: How Are They Set?
Bookmakers use a variety of methods when setting lines for over/under bets. Some bookmakers simply set lines by using their own intuition and experience. Others use computer models that simulate games thousands of times in order to calculate fair lines. However, most bookmakers use some combination of these two methods.
Endnote:
So, that’s everything you need to know about over/under betting. Be sure to check out other resources to get a solid idea of the concept.
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