Over / Under Betting: Strategies for Totals Bets

Over / Under betting is a popular type of betting in sports betting that gives people a simple way to win based on the outcome of a game. Rather than focusing on who’s going to win the game, this bet allows better to make a prediction about the total combined score of a game. It’s a straightforward bet that can be applied to various aspects of a game, making it a versatile option for both novice and experienced bettors. It’s a popular choice in the DraftKings Sportsbook at Boot Hill Casino, and one that often turns our bettors into big winners. 

What is an Over / Under Bet?

An Over / Under bet, also known as a totals bet, involves predicting whether the combined score of a game will be over or under a predetermined number set by the sportsbook. This number is referred to as the “total.” Bettors choose whether they believe the final score will exceed (over) or fall short of (under) this total.

Is Over / Under the Same as a Totals Bet?

Yes, an Over / Under bet is the same as a totals bet. Both terms are used interchangeably and refer to the same betting concept of wagering on the combined score of a game. You may see either term among the betting options in your chosen sportsbook.

Types of Over / Under Bets

Though the basics of an Over / Under bet are straightforward, there are actually several variations, each focusing on different aspects of the game. Here’s a breakdown of the most common types of Over / Under bets you can place at a sportsbook:

Game Totals

Game totals are the most common type of Over / Under bet. This involves betting on the total combined score of both teams at the end of the game. For example, if the total is set at 48.5 points, you would bet on whether the final score will be over or under 48.5 points.

Team Totals

Team totals involve betting on the total number of points scored by a single team. This type of bet allows you to focus on the performance of one team rather than the combined score of both teams. For instance, if the team total is set at 24.5 points, you would wager on whether that team will score over or under 24.5 points.

Player Totals

Player totals, also known as prop bets, focus on the performance of individual players rather than the entire team or game. You might bet on the number of points, rebounds, or assists a player will achieve. For example, you could wager on whether a basketball player will score over or under 20.5 points in a game.

Period, Quarter, or Half Totals

These bets break down the game into smaller segments, allowing you to wager on the total score for a specific period, quarter, or half. This type of bet can be useful if you expect a high-scoring or low-scoring segment within the game. For example, you might bet on the total points scored in the first half of a football game being over or under 21.5 points.

By understanding these different types of Over / Under bets, you can diversify your betting strategy and find opportunities that align with your insights and predictions about the game.

How to Make an Over / Under Bet

Placing an Over / Under bet is a straightforward process. Here’s a step-by-step guide to help you make your bet:

  1. Choose a Sportsbook: Select a reputable sportsbook or betting platform, such as the DraftKings Sportsbook at Boot Hill Casino.
  2. Find the Game: Locate the game you want to bet on. Sportsbooks list various games and events, usually categorized by sport.
  3. Locate the Totals Bet: Within the game listing, find the section for Over / Under or totals bets. This will display the predetermined total set by the sportsbook.
  4. Select Over or Under: Decide whether you believe the final combined score of the game will be over or under the listed total. Click on either the “Over” or “Under” option.
  5. Enter Your Wager Amount: Input the amount of money you wish to bet.
  6. Confirm Your Bet: Review your selection and confirm the bet. Once confirmed, your wager is placed, and you’ll receive a bet slip as confirmation.

If you have any questions about the process, an associate at the DraftKings Sportsbook at Boot Hill Casino would be happy to help you.

Over / Under Payouts

Over / Under payouts are typically calculated using American odds, which indicate how much you can win based on a $100 bet. Here’s how the payouts work:

  • Positive Odds: If the odds are positive (e.g., +110), a $100 bet would win you $110, plus your original stake back.
  • Negative Odds: If the odds are negative (e.g., -120), you need to bet $120 to win $100, plus your original stake back.

The sportsbook sets the odds based on the perceived likelihood of each outcome, ensuring that they maintain a balance between bets placed on either side.

Over / Under Bet Example

Let’s walk through an example to illustrate how an Over / Under bet works:

Suppose you’re betting on an NFL game between the Kansas City Chiefs and the Denver Broncos. The sportsbook has set the total at 47.5 points.

  • Over 47.5 (+110): If you bet $100 on the over, and the final combined score is 48 or more, you win $110 (plus your original $100 stake).
  • Under 47.5 (-110): If you bet $100 on the under, and the final combined score is 47 or less, you win $90.91 (plus your original $100 stake).

If the final score is Kansas City Chiefs 27, Denver Broncos 21, the total is 48 points. If you bet on the over, you win. If you bet on the under, you lose.

How are Totals Made for Over / Under Betting?

Totals are determined by sportsbooks using a combination of statistical analysis, historical data, and expert predictions. Here’s how they’re typically set:

  1. Statistical Models: Sportsbooks use sophisticated algorithms and models that analyze past performance, current form, weather conditions, injuries, and other relevant factors.
  2. Team and Player Analysis: They consider the offensive and defensive strengths of the teams involved, including individual player statistics and matchups.
  3. Public and Expert Opinions: Insights from sports analysts, trends, and betting patterns also influence the total.
  4. Adjustments: Sportsbooks continuously adjust the totals based on incoming bets to balance their risk. If more people bet on one side, the line may shift to encourage betting on the other side.

By setting the total through this comprehensive process, sportsbooks aim to create a balanced betting market that accurately reflects the likely outcome of the game.

Can Totals Change?

Yes, totals can change leading up to the game. Sportsbooks adjust the totals based on various factors, such as:

  1. Betting Patterns: If a significant amount of money is placed on one side (over or under), the sportsbook might adjust the total to balance the betting action and minimize their risk.
  2. Injuries and Player News: New information about player injuries, suspensions, or changes in the lineup can impact the expected scoring and lead to adjustments in the total.
  3. Weather Conditions: For outdoor sports, weather forecasts (such as heavy rain or strong winds) can affect scoring potential and cause the total to be revised.
  4. Public Opinion and Trends: Public betting trends and expert analysis can also influence adjustments to the totals.

What Happens When an Over / Under is Exact?

When the final combined score of a game matches the total exactly, it results in a push. In the case of a push, the bet amount is refunded. Bettors receive their original stake back since neither the over nor the under bet wins. A push means there is no profit, but also no loss, effectively nullifying the bet. 

However, experiencing a push is unlikely. Most sportsbooks set totals with a half-point increment (e.g., 47.5) to avoid pushes and ensure a definitive outcome for bets.

Do Over / Under Bets Include Overtime?

Yes, Over / Under bets generally include overtime. The total points scored during overtime periods are added to the final score, which can impact the outcome of the bet. This is particularly relevant in high-scoring sports like basketball and football, where overtime can significantly affect the combined score.

Bet at the DraftKings Sportsbook at Boot Hill Casino

Are you ready to test your betting skills with Over / Under wagers? Visit the DraftKings Sportsbook at Boot Hill Casino for an exceptional betting experience. Our state-of-the-art sportsbook offers a wide range of betting options, competitive odds, and a comfortable environment for enjoying your favorite sports. 

If you’re new to sports betting, our knowledgeable staff is ready to assist you every step of the way. If you’re a seasoned bettor, you’ll love our comfortable lounge and variety of betting options. Head over to Boot Hill Casino, place your Over / Under bets, and enjoy the thrill of sports betting at its finest. You can also earn perks along the way to add to your wins!