Over Under Betting Explained
As you progress in your journey as a football bettor, there will be times when you realize that betting the point spread is not the best wager to make on a game. Often times, stout defenses, poor weather and running-based offensive teams make Over Under betting the best option.
What is Over Under Betting in football?
When you bet over unders (all known as NFL totals betting), you don’t care about who wins – you only care about the number of points scored in the game. The football odds makers will set a ‘total’ that bettors must decide whether they think the final score will be OVER that number or UNDER that number. Take a peek at the example below in a fictional game between the Packers and Bears.
Green Bay Packers OV 46.5, -120
Chicago Bears UN 46.5, +100
In this case, the total is 46.5 points. Your job as a bettor is to bet UNDER 46.5 if you think the combined score will be 46 or less and to bet OVER if you think the combined score will 47 or higher.
Imagine the final score is 31-17 for Green Bay – those 48 points are OVER 46.5 so your OVER bet is a winner. If the game is a defensive battle won 17-13 by the Bears, those 30 points are well UNDER 46.5 so you UNDER bet would win.
The -120 and +100 values you will see on football betting menus relate to the ‘price’ of each bet. (You can read more about moneylines or to read up on football betting terminology as well here at NationalFootballPost.com).
The -120 value on the OVER 46.5 indicates that OVER is the favored position at the sportsbook. Therefore, you have to risk a little more money to bet UNDER. If you are a $100 per game bettor, it means you would risk $120 (-120) in order to turn a $100 profit. Because the UNDER is the underdog position at the book, you risk a little less for the same payout. In this case, you would bet just $100 for the chance to make a $100 profit.