Totals Betting, often referred to as Over/Under betting, involves wagering on whether the combined total score of both teams (or players) in a game will be over or under a specified number set by the bookmaker. This form of betting takes the outcome of the event—win or loss—out of the equation, focusing instead on the cumulative points, runs, goals, or other scoring metrics of the contest.
FAQs:
How is the “total” determined in Totals Betting?
Bookmakers set the “total” based on various factors, including team statistics, recent performance, injuries, and other relevant data. The goal is to set a number that encourages balanced betting action on both sides—over and under.
What happens if the combined score equals the total set by the bookmaker?
If the combined score of the event matches the set total, the bet is typically considered a “push,” meaning the wager is returned to the bettor. However, some bookmakers might offer totals with half-points (e.g., 42.5) to avoid this scenario.
Can Totals Betting apply to other aspects besides scores?
Yes. While the most common usage is in relation to points or goals, Totals Betting can be applied to various other metrics. For example, in baseball, you might bet on the total number of hits by both teams. In soccer, you could bet on the total number of cards issued in a match.
Is the payout in Totals Betting usually even?
Often, the payout for Totals Betting is close to even money. However, bookmakers might adjust the odds slightly based on how they anticipate the public will bet. For example, if more people are betting on the “over,” the payout for the “under” might become more attractive to balance the action.
How does weather or external conditions factor into Totals Betting?
Weather and other external conditions can significantly influence the total. For instance, in an outdoor football game, heavy rain or snow might make scoring more challenging, potentially leading bettors to favor the “under.” Knowledgeable bettors often consider such factors when placing wagers.