What Does “line” Mean In Sports Betting?
In sports betting, over/under means that you are placing a bet on the total number of points/runs/goals in a certain matchup. Live betting has become more popular in recent years, and much more widely available. Increased technology from the bookmaking side has increased their ability to offer these markets, and bettors often enjoy in-play betting. Fast pace and quickly changing odds create a dynamic environment that challenges both the bookmaker and the bettor. That’s how line shopping works, and it’s an important tool at your disposal if you want the greatest chance of winning over/under bets. The concept simply means checking the lines at all of the sportsbooks at your disposal and betting at the one that sells you the best line.
In fact, over/under is perhaps the most common betting type as it’s offered on a wide range of sports, including some of the most obscure betting markets. If you chose the over and the final score was Cleveland 114 and New York 100, then you correctly predicted the total number of points and would have won! On the other hand, if you had chosen the under you would have lost. If the total number of points in an event is equal to the total (eg a score of 102 – 100), then it is known as a push. Sportsbooks give everyone back their stake and it is as if the bet never happened. Your job is to decide whether the total number of points scored in this matchup will be more than 208 (called “the over”), or less (called “the under”).
Mascots are also used in different professional sports when a team is sponsoring a small charity event. Sometimes this is called the “nickname.” For example, the Oklahoma State University Cowboys are sometimes called the OSU Cowboys. The term can also be used when referring to the University of Texas basketball team. It is also sometimes used when describing the college football programs at various universities.
If I spend $50, I will make .5 (50/100) of the moneyline if I win. On +135 odds, I would make $67.50 profit off of a winning bet. Know that odds at the track tell you amount of profit you will make per dollar spent. Odds of 3-5 indicate that your profit will be three-fifths of a dollar.
Even outdoors on grass in likely cold weather, this game figures to see plenty of points scored. While 54 would have been astronomically high a few years back, continued rule and strategy changes benefiting offenses have made it a number you’ll see every now and then. High-limit wagers from sharp players clue the sportsbook in on where they need to move their line. When a max bet comes in on an over/under from a respected account, the sportsbook may respond by nudging the line in the same direction as the bet. Over time, the over/under moves inch by inch until it reaches its closing line when the contest begins. One prime example comes in various draft seasons, when sportsbooks will open over under markets for individual players.
As you can see the prices for each side are the same, as is quite often when betting on totals. Because the total is set by the oddsmaker there is no underdog or favourite side. To understand this, you must first understand correlated parlays.