What Does Over and Under Mean When Betting?

When you place a wager on the 4th of July, you’re usually placing a bet on either the over or under outcomes of the game. In both cases, you could lose money if the game ends in a tie.

Over

When you wager on the 4th of July game, you’re usually wagering on the outcome to be more than the entered score. For example, you could place a wager on the New York Jets to beat the Indianapolis Colts by more than ten points. In that case, you’d win your bet if the game ended in a score of ten or more points.

On the opposite end of the spectrum, you could bet on the under. When you wager on the under, you’re usually wagering on the outcome to be less than the entered score. For example, you could bet on the Carolina Panthers to beat the New York Giants by seven or fewer points. In that case, you’d win your bet if the final score was seven or fewer points.

Under

In the same way, you could place a wager on the over or under for the 4th of July game, you can place bets on the under or over for almost any sporting event. For instance, you could bet on the New York Yankees to score over ten points or the Pittsburgh Steelers to score under thirty points in any given game. As always, the rules and regulations of the bookmaker you choose to use to place your wager will determine whether you win or lose based on the above criteria.

Tie

On rare occasions, you could end up with a tie as the final score of a sporting event. If this happens, you either win or lose based on your wager, not the final score. However, you should always bet on the side that you know will win the game. For instance, if the Milwaukee Brewers were playing the New York Mets and the score was tied at the end of the third inning, you’d want to bet on the Mets because you know they’re better than the Brewers. In that case, you win your bet even if the game ends in a tie.

Points Betting

If you don’t mind rolling the dice once in a while, you might as well do so on the 4th of July. Points betting is when you bet on the outcome of a sporting event based on how the game is going. For example, you could bet on the Arizona Cardinals to cover the spread (points scored by the visiting team minus points scored by the home team) in the fourth quarter of the game against the San Francisco 49ers.

As you might guess, this type of wager is more risky than simply betting on the final score of a game. For instance, if you bet on the Cardinals to cover the spread and the game ends in a tie, you’d lose your bet because you didn’t bet on the tiebreaker criterion. Essentially, you tied your wager to a game that wasn’t decided by a touchdown or run, so you lost your bet even though the game ended in a tie. Points betting is more popular than plain-old over/under betting because it’s more fun when the scores are close to each other. However, it can still be dangerous because if the scores are far apart, you might want to change your wager to the traditional over/under version to avoid the potential for a large loss.

Now that you’re equipped with the basics of point betting, you can venture forth and place your wagers in a manner that suits you.