Sports Betting rules: (How to bet, types of bets.)
- A bet for the number of points scored in the game by both teams combined, including points scored in overtime. A bet that the combined number of points scored by the two teams in the game will be Over or Under the total set by the oddsmaker. Parlay or Accumulator. A kind of 'let-it-ride' bet.
- The over/under, or total, for this game is 56 points. Bettors who wager on the Over need the total score to go over that number to win their bet. Anything under that number would be a.
What does 'Over/Under' mean? Over/Under means the odds-makers picked the most likely total combined score of both teams. For example in an NFL game with the Jaguars vs Dallas the over/under is 37. You can either bet on either 'over' or 'under'. Over, is if the two scores added up at the end, total to over 37.
The basics
The main object of sportsbetting is to beat the 'Oddsmakers' or the 'Odds Compilers' and win some money. Additionally, placing a bet on your favorite sport event makes the game exciting and more enjoyable.
Betting is done through Sportsbooks (US) or Bookmakers (UK) entities that accept bets. You can bet on the outcome of several sporting events, such as; Baseball, Basketball, Football, Tennis, Hockey, Snooker and Soccergames.
To place a sportsbet, you go to a sportsbook, physical or online. You could also bet over the phone with many sportsbooks. Note that a sports book or sportsbook is not the same as an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is a person who sets the betting odds. Play roulette online real money usa.
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You need to state what you are betting on by making a selection, the type of bet and the amount you are wagering. Your selection will obviously depend on the odds offered, so you will want to examine the range of odds available before you make a decision.
There are many types of bets you can place. Some sportsbooks may offer more betting varieties and combinations than others. Below is a list of the more common types of bets.
Straight bet or Single. This is the simplest and most common bet. You bet on a winner at given odds.
Point Spread. This bet lets you bet on a winner from two selections who have been made equal by allocating appropriate points to the underdog team. The Point Spread is the number of points allocated and is shown with a - sign for the favorite and a + sign for the underdog. The favorite has to win by more than the Point Spread for you to win, otherwise you lose your bet even if the team wins. Inversely, if you bet for the underdog, that team has to lose by less than the Point Spread for you to win. If the favorite wins by the exact Point Spread, then it is a push or a tie. You get your bet back. To eliminate a tie result, the oddsmakers sometimes include a half point spread. Since scores use full numbers only, one team has to win outright.
Buy Points. Also, to buy Key Points. Move the Point Spread favorably at a price.
The Moneyline. This establishes the odds for each team but inversely proportional to what would have been a Point Spread, and is indicated by a + for the underdog and a - sign for the favorite. Say team A is favorite and quoted at -180 and B is the underdog at + 120. The bets offered would be 10:18 odds-on for the favorite, and 12:10 for the underdog. For every $180 you bet on A you would win $100 or lose $180, but for every $100 you bet on B you would win $120 or lose $100.
Total. A bet for the number of points scored in the game by both teams combined, including points scored in overtime.
Over/Under. A bet that the combined number of points scored by the two teams in the game will be Over or Under the total set by the oddsmaker.
Parlay or Accumulator. A multiple bet. A kind of 'let-it-ride' bet. Making simultaneous selections on two or more games with the intent of pressing the winnings of the first win on the bet of the following game selected, and so on. All the selections made must win for you to win the parlay. If a game is a tie, postponed or cancelled, your parlay is automatically reduced by one selection; a double parlay becomes a straight bet, a triple parlay becomes a double. A parlay bet can yield huge dividends if won.
Teaser. It is like a parlay, but with the option to add or subtract points (called 'moving the line') from one or more Spread bets. When betting a teaser additional points are either added to the underdog or subtracted from the favorite. The odds vary according to the number of points the spread is moved and the number of teams combined to form the teaser. As in the parlay, all selections must win for the teaser to win. Teasers odds are usually worse than the parlays.
If-wager. A bet that allows the bettor to make a second wager, up to an equal amount, pending a win on the first selection.
Open Wager. Open wagers allow the bettor to play teasers or parlays making a selection at different times and even different days.
Future. A bet on a future event. At the start of each season, the sportsbooks give out odds for teams to win a certain championship. The odds change as the game date approaches and in most cases get shorter, but if you win you get paid at the original odds that you took. This is possibly one of the most profitable bets if you have considerable knowledge of the sport that you are betting on including the players, and a good sense of judgement.
Exotic Bets. Betting on unusual events. Some sportsbooks post odds and take bets on a wide variety of other sports related events and activities. A few others will take bets on just about anything you can think of.
Proposition Bet or Prop Bet. An offer of bets at odds and conditions chosen by the sportsbook, usually on 'Exotic' bets.
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Over Under Betting is the second most popular type of NFL betting, just behind spread betting. Over Under Betting is also known as 'Game Total Betting' and you will often see it be referred to as either term. Beginner NFL bettors may be confused by Over Under Betting, but it is very easy to learn and understand once explained.
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In Over Under Betting the oddsmakers will set a number of points in which they think both teams will score in total throughout the whole game (including overtime if necessary). Bettors will then be able to bet on the total number of points scored by both teams combined to be over or under that set game total number. For example, the number may be set at 42.5 points. If you bet the 'over' you would need a combined 43 or more points from both teams in order to win your bet (a 28-17 score would win you the bet). If you were to place your money on the 'under' you would need both teams to combine for 42 or less points throughout the game (a 21-17 game would win you the under bet).
Example of NFL Over Under Bet
Below is an example of what an NFL Over Under line would look like:
Baltimore Ravens vs Pittsburgh Steelers Best way to make money sports betting against.
Over 37.5 (-110)
Over Under Betting Rules Overtime
Under 37.5 (-110)
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 37.5. You would then have the choice to place your bet on both teams scoring more than 37.5 combined points (the Over) or less than 37.5 combined points (the Under). The (-110) beside each choice represents the betting odds, which I will explain more below.
Over Under Betting Rules
If the final score ended up being Pittsburgh 21 Baltimore 14 we would have a total combined score of 35 points, and therefore the 'under' bet would win.
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Other NFL Over Under Betting Information
Although the most common odds set for Over Under lines are -110 or 10% juice on either side it definitely isn't always the case. 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. Using our above example we might see the odds changed to 'Over (-105) and Under (-115)' before we see the game total number adjusted to 37.
That brings me to my next point about NFL Over Under Betting – the game total doesn't always have to be a decimal number. 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. For example, if the game total was set at 41 and we had a final score of 24-17 it would be considered a 'push' and all bets on either side of the number are refunded back to the bettors.
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). For example, the game total was set at 41.5 and you thought the oddsmakers did a bad job and the game was going to be a lot higher scoring. In some sportsbooks you would be able to select an alternate game total of 44.5 for example and bet the over, which would payout a lot more than the over on the 41.5 line.
If you are looking for the best odds for over/under NFL betting you will want to sign up for an account at www.5Dimes.eu (accepting all countries) and you will also receive a free money bonus of up to $520 on your first deposit – just contact their live support team before depositing.
NFL Strategy Articles:
Sports Betting Rules
We have a professional sports bettor writing strategy articles here at TheSportsGeek.com. Check them out on the sports betting strategy page of our website, and hopefully you will pick up some tips that will help you make some money betting on NFL totals.
