Definition
In sports betting, the over/under (also called a totals bet) is a wager on the combined total points scored by both teams in a game. The sportsbook sets a projected number, and you bet whether the actual total will go over or under that line.
They serve two main purposes:
Give bettors a way to wager on game flow (high-scoring vs. low-scoring) instead of picking a winner.
Balance action by adjusting the line to encourage betting on both sides.
Real-World Example
NFL Game: Philadelphia Eagles vs. Miami Dolphins
Sportsbook sets the over/under at 47.5 points.
If the final score is Eagles 27 – Dolphins 24 (total = 51), the Over wins.
If the final score is Eagles 20 – Dolphins 17 (total = 37), the Under wins.
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