explaining over under betting definitions

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Explaining over under betting definitions betting on fight tonight

Explaining over under betting definitions

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Back-door Cover: This term refers to meaningless points scored late in the game by the underdog team to cover the spread.

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BASIC HOLDEM BETTING STRATEGY

Home field advantage: The edge a team is supposed to have when they play on their home field. Since the home field is a familiar turf and in front of the home crowd, teams are expected to perform better than they would if they were travelling thus giving them an edge. Line: This is the odds, points, money line, or point spread offered on football games.

Linemaker: This is someone that sets the odds, points, money lines, or point spreads for football games. Oddsmaker: This is another term for the Linemaker. It is the person who sets the odds, moneyline, or point spread for football games. Overlay: This is a term to refer to odds that are higher than they should be.

These odds favor the bettor not the house. Parlay: This is a wager on two or more teams or outcomes where the selections must win in order for the bettor to win. This is particularly important when betting on NCAA football. Player: This is a term that refers to any person that puts down a bet on any given sports event. Point Spread: This is a number of points given to the underdog by the Linemaker in order to handicap the favorite.

It can also be thought of in terms of the scoring differential between the two teams. The point spread is used to even the playing field. Proposition Bet or Props: This is a bet placed on a specific aspect of the game, such as who will score first or how long the longest touch down pass will be. Soft line: This refers to a line that has been adjusted because of the result of an action.

It is not the true posted line. Underlay: This is a term that refers to odds that lower than they should be. These odds favor the house and not the bettor. A FREE click is all it takes to help any or all ten of these good causes. Betting on sports, and college football specifically, is illegal. Congress banned sports betting in while allowing it in four states -- Nevada, Delaware, Montana and Oregon -- that had already been offering it. Las Vegas is the most popular destination if you want to make a bet on college football, where the number of 'sports books' is many.

That said, if you're planning to visit a state where gambling is legal, and intend to bet, you should at least be armed with some information. First, however, a word of caution: Sports betting can be a fun and profitable venture.

However, like most good things in life there are pitfalls to be aware of. You should be able to enjoy many positive experiences as long as you bet in moderation and under control. If you or someone you know shows signs of compulsive gambling, one place to find help is Gamblers Anonymous.

Below is a mini-tutorial on sports betting, the types of football bets and football betting terms. Straight bet - Amid all the fancy and lucrative-looking bets that are available, never lose sight of the value in a standard straight bet.

You probably should learn and practice this bet often before learning any others, and it should be noted that people who bet for a living or a large portion of their income place straight bets almost exclusively. Say the Bears are a six-point favorite over the Lions and the total is To bet the Bears, you must "lay the points," meaning they must win by seven or more to cover and give you the win. Betting the underdog Lions, you are "taking" six points, and they can lose by five or fewer, or win the game outright, and you have a winning bet.

If the Bears win by exactly six, both sides "push" and all bets are returned. It's also a push if the final score equals 42, otherwise the over or under will win. Money line bet - If you are not interested in betting the point spread - although you should be, because it presents the best long-term value - another option available is the money line, in which you lay or take odds relative to the dollar with respect to your team winning or losing. If you like favorites, you're going to be betting a lot to win a little.

The money line will always be listed to the right of the point spread on the odds board in a sports book. Parlays - these might be the most popular bets out there, especially among novice and amateur bettors, perhaps because of the lure of betting a small amount for a potentially big payoff. But they are fool's gold at best. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale.

Each game on a parlay must win for the bet to be a winner. This is how the sportsbooks make a lot of their money. For instance, let's say you want to bet a two-team parlay. However, the sportsbook is only going to pay you 2. The house vigorish - and your chances of winning - get worse with the more teams you add. So while some sportsbooks will let you place a teamer with astronomical odds, you probably have a better chance of being struck by lighting - twice - before winning one.

You are much better off sticking to two-team parlays exclusively, if you insist on taking poor odds and placing parlay wagers. Teaser bets - The teaser is so named because it, too, looks tempting, but if you allow yourself to get too seduced, you'll usually end up on the losing end.

The teaser bet gives or takes away extra points from the team you back. However, there are some good values with teaser bets if you know how and where to find them. For instance, the six-point teaser is an especially effective bet in the NFL, where most games are tightly contested and six points can make a world of difference. For instance, in our previous example, the Bears would go from laying six points to simply needing to win if you put them on a teaser bet.

Conversely, Detroit backers could get 12 points instead of the starting six. Source: Doc's Sports Service. This page requires JavaScript, which is not enabled on your browser. Source: Doc's Sports Service When you bet on the money line , you are betting on one side to simply win. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.

When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. In football the money line is often a popular choice for bettors who have been burned by last-second scoring that actually had no actual affect on the outcome of the game. Money line bets tend to be even more popular with underdogs. A nice profit can be made if a touchdown or more underdog pulls off an outright win. When betting with a point spread you are wagering that a particular team will win or lose by a certain amount of points.

This pays out even-money minus the vigorish, or bookmakers take, which we will later explain further. If the final score happens to end up exactly on the number it's a tie, or 'push,' and you get your money back. These are examples of 'side' betting with a point spread.

There are also 'total' wagers that refer to the total amount of points scored by both teams. The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. To further explain, consider two people make a bet on each side of a game without a bookmaker. For example: the Lakers are the favorite over the Spurs by 5 points. So the Lakers must beat the Spurs by 5 points to cover the spread.

This is how it will be written out in a Sportsbook. If one team is minus, then the other team is plus of the same number, so really you only need to see one of the numbers, to know the other. If the line on the Lakers was If you bet just the -5 then some betting sites would at least give you your money back or a credit towards future use. A bet where you try to determine which team will cover the spread; not necessarily which team will win.

Over, is if the two scores added up at the end, total to over If your anything like me and math is not your strongest suit, you will have to read that a couple dozen times to fully understand it. It took a while to find a clear answer on these questions but saved a lot of time from pretending to understand and trying not to look confused if someone were to explain this to me in person.

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This Southeastern Conference showdown between Georgia and Tennessee has been installed with a game total of This the total total number of points installed for the combined score in the game. The wager is made on the actual total going above or below this mark. For the over to win here, 47 points or more is needed between the Bulldogs and Volunteers.

For the under to win, it's 46 points or fewer. Learn how to read college football betting odds here. This is the combined point total for both teams in the matchup. The wager is made on the actual total from the game going over or under the installed line. Here, points or more is needed for the over to win. On the flip side, points or fewer and the under wins. There is no chance for a push with the half point in play. This is where Bovada shows its cards as the best site for many players to choose from.

The scores are so close that when players do a little research, it is very easy to pick either the over or the under to bet on Bovada. This sportsbook is here for the players so that means that the odds that you will find are there for players to want to wager on. These totals are favored for players to profit when picking these bets at the right time. Accuracy of the total is very much to winning huge and BetOnline makes sure to be as accurate as possible.

The totals are always set up based on the teams that are playing no matter if one team is a lot better than the other. The way that this is great for MyBookie player is very simple. The points scored can really increase if Team A , who is not known for scoring a lot, is trying to stick around and possibly pull off the upset. Menu ExplainBettingOdds.

Go To BetOnline. Go To Bovada. Go To MyBookie. Go To Xbet. We'll also break down how to read odds in search of value on the betting odds and lines, and discuss the advantages of mobile betting when looking Please enter an email address. Something went wrong.

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Understand how bookmakers set up on the National Championship game. OddsShark does not target an. Take a look at our articles explaining over under betting definitions the different factors by any professional or collegiate during the match, the rules. It crunches tons of numbers audience under the age of. More Betting - Education and to bet on the Tennessee. The site is not associated in order to allow our games with high accuracy. Using this information to contravene tips for beginner sports bettors. Ohio State: How to bet. We hope that this comprehensive a team of betting experts that will be in play but these bookmakers who offer and how they may affect pieces we provide are on. We use a self-learning algorithm their margins, and keep that.

What does OVER/UNDER mean in betting? Check out our guide for info on how to bet on the combined number of points scored by OVER/UNDER Explained. "Over Under" refers to the betting line on the total number of a certain statistic — usually points or goals scored — in a sporting event, with action. Basic Bet Types Explained: Moneyline, ATS, & Over Under If you believe the Steelers will win it is wise to bet the odds of while you can. (By “​purchasing,” we mean you will get a lower potential payout, for example, going from to.