Over/under betting is a type of wagering where you predict whether the total number of goals scored in a sports event will be above or below a specific number set by the sportsbook. This form of betting is commonly used in sports like soccer, hockey, basketball, and American football, among others.
For example, in a soccer match, the sportsbook might set the over/under line at 2.5 goals. If you bet on the over, you win if the total number of goals scored by both teams is three or more. Conversely, if you bet on the under, you win if the total goals scored are two or fewer.
The over/under line is typically represented with decimal numbers to avoid a push or tie. However, if the total goals scored match the line exactly (e.g., the line is 2.5, and the final score is 2-1), the bet is considered a push, and the wagered amount is usually refunded.
Over/under betting provides an alternative option for bettors who may not want to bet on the outcome of a game but rather on the total scoring action within the game.
In football (soccer), over/under goal betting is a popular form of wagering where you bet on the total number of goals scored in a match. Bookmakers set a predicted total number of goals, and you bet on whether the actual number of goals scored will be over or under that set figure.
For instance, if the sportsbook sets the over/under line at 2.5 goals for a particular football match:
Betting on Over 2.5 Goals: You win if three or more goals are scored in the game. For example, if the final score is 2-1, 3-0, 3-1, etc., the "over" bet wins.
Betting on Under 2.5 Goals: You win if two or fewer goals are scored in the match. If the final score is 1-0, 0-0, 1-1, etc., the "under" bet wins.
This type of bet can offer an alternative way to engage with a football match beyond just predicting the winning team. It allows you to focus on the overall goal-scoring dynamics of the game, making it appealing to some bettors who might not want to predict the match's outright winner.
Ted (senior analyst) - smartbettingstats