The over/under option is a derivative which allows players to speculate on the total number of goals that will be scored in a game. The over/under is a popular choice amongst players in Australia and The United Kingdom, where there are more gambling options available, and in Canada where online sportsbooks are legal. In the United States, online sportsbooks are considered “bookies” and are thus illegal. In other countries, the over/under is generally accepted as a legitimate way of betting. The exact details of how the over/under works can be a bit tricky to understand, so let’s explore how it works and the various types of bets available.
How Does It Work?
The over/under is essentially a ‘team-based’ betting option where players can lay wagers on whether a selected number of scores will be achieved by the respective teams. Each team is given a set of points to achieve based on how many goals they score. For example, if a team scores 3 goals, then they will earn 9 points which will bring their score up to 12 points. If a team scores exactly 1 goal, then they will only earn 4 points which will bring their score down to 6 points.
As you can imagine, this is a popular option amongst sports fans who want to keep an eye on the score but do not want to directly invest in the game. This is also a popular choice amongst players who want to increase their edge in a game by placing a bet on whether their team will score more or less than the total number of goals. For example, if you think that a particular match is going to be high-scoring then you can lay a small over/under bet on that knowledge. If you think that the match is going to be low-scoring then you can take the opposite bet and make some money from a winning proposition.
The Different Types Of Bets Available
There are three basic types of bets available when betting on over/under scores:
- In The Money (ITM): An in-the-money (ITM) bet is one where the actual score comes in-line with the bettor’s expectation. For example, if a bettor thinks that the total number of goals will be 7 or more, they can lay an ITM bet on that number being scored. If they think that the total number of goals will be less than 7 then they can take the opposite bet and gain money from an unexpected score. For example, if a team scores only 6 goals in a game and the bettor thinks that the score was under- 6, then they would have made a large profit from the bet. In this case, the bettor would refer to this bet as a “6 goaler” (or a “6er“) and would consider it a profitable bet. You can also lay a 6er on the total number of goals in a division or conference, where you believe that the expectation will be higher than the actual score in a particular round. For example, if you think that the Southeast conference will score more than 5 goals in the entire season, you can lay a 6er on that number. If you want to take an opposite bet, you can put a smaller oned with a 5 goaler.
- To 0 (T0): A to 0 bet is one where the actual score is exactly equal to the expectation. For example, if a bettor thinks that the score will be 0-0 at halftime, they can lay a T0 bet on that score being kept to during the second half. To 0 bets are always based on the current score and not on previous results. For example, if the previous three games were 0-0 at halftime, then you can lay a T0 bet on the current game being no different. To 0 bets are popular amongst people who want to increase the chance of their selected team winning. For example, if you think that the total number of goals in a match is going to be high, you can lay a T0 bet on that the score will be kept to for the entire game. If you think that the score is going to be low, then you can take the opposite bet and make some money from an unexpected strong showing by your team.
- Place Your Bet (PYB): A place your bet (PYB) is one where you are not committing to a certain score but are still placing a wager on the outcome of a game. For example, if a bettor thinks that a given match will be high-scoring and wants to increase the chance of that score being achieved, they can place a PYB bet on the outcome of the game. Place your bets are always based on the current score and are most suited for people who do not want to commit to a certain score but still want to make a wager on the game. Place your bets are most commonly used in conjunction with Over/Under bets and serve as a safer way for players to speculate on the outcome of a game without having to risk losing all of their money on one bet. This is because if an unexpected score comes in, then they can always withdraw their bet with no financial penalty. The place your bet option also provides some measure of insurance against unexpected scores. For example, if you think that an upcoming match is going to be high-scoring, you can opt to place a PYB bet on that score being achieved, should the game end in a draw.
The Main Benefits Of Using The Over/Under Option
There are a number of advantages to using the over/under option over other betting options. First, as we have established above, the over/under is a team-based bet where players can follow the score of multiple teams. This provides the opportunity to follow more games and get more involved in the betting action. If a game ends in a draw, then it is often times difficult to determine who won the match, making it more exciting for fans. Second, placing over/under bets requires less investment from the player. You do not need to lay as much money down as you would if you were placing a straight up bet on a game. This means that you can get more involved in the action with less risk of financial loss. Third, the over/under provides the opportunity to multiply wins. If a player places a successful over/under bet, then they will earn interest based on their winnings. This means that they can keep on winning, even if the game results in a draw. This is due to the fact that sports betting operators will not remove any wagers once placed. If you are not successful at placing a first bet, you can always try again, knowing that you have some money left over to play with. This is a massive advantage for people who want to get involved in the action but are worried about risking their entire stash on one bet. Finally, there is the element of security that comes with using the over/under option. If you place a bet on a game and do not have confidence that the score will be kept to, then you can always retract your bet. This provides some measure of protection against risk, should the score end up being higher than expected. For all of these reasons, the over/under option is a popular choice amongst players in Canada and the United Kingdom.
When Should I Use The Over/Under Option?
If you are looking for an easy way to get involved in sports betting without needing to worry about being scammed or using a flawed betting scheme, then the over/under is definitely a viable option. To be clear, we are not suggesting that you blindly follow the over/under option — far from it. If you want to get involved in sports betting then you need to take the time to learn how to properly place a wager, how to identify and avoid scams, and how to properly calculate the odds of different outcomes. Once you have done that, then you can place a successful bet with confidence, knowing that you have done your research and that you are using a proven betting scheme. The over/under option is a simple and effective way to get involved in sports betting for those who want to try it out — it is certainly not a get-rich-quick scheme.