Under 2 Meaning In Betting
You place a $100 bet, which will yield $240 in winnings if successful! Good news for the Buffalo Bills and you! They've won the game! You receive $240 in winnings and you get your original bet of $100 back, equaling $340 in total. So that was the basics to sports betting using American odds. The over/under, or “total,” is the second most popular bet on the board for sports events behind the point spread. Usually the over/under refers to the total points, runs or goals scored in a game. Example: The Over/Under for Super Bowl LII was 47.5 points. The Philadelphia Eagles defeated the New England Patriots, 41–33, meaning the teams combined to score 74 points. If you bet the over.
While not as popular as betting against the point spread in sports gambling, betting the “over/under” isn’t that far behind. Sometimes you may see this as O/U, over-under, over under or simply referred to as “the over” or “the under.”
The standard (and often implied) number is –110, meaning a successful bet of $110 would net $100 profit. This is the “juice” or “vigorish” (aka “vig”) for the house or sportsbook. The math underlying odds and gambling can help determine whether a wager is worth pursuing. The first thing to understand is that there are three distinct types of odds: fractional, decimal,.
What does over under mean in betting?
Simply stated, it is the total of the points scored by both teams. While all sports employ an over/under betting option, by far the most money wagered on this bet is in football and basketball. Sports like baseball and hockey offer over/under options, but the vast majority of bets on those sports in based on the established “money line” to pick a winner at a set price.
Unlike a point spread bet in which you are aligning yourself with one team, you’re betting on both teams – either their offenses or the defenses – when betting the over/under. Sports books set over/under scores on games based upon numerous factors.
In the NFL, most over/under scores are set in the low-to-mid 40s.In college football, over/under scores are usually in the high-40 to low 50s – in the Big 12, the land that defense forgot, it can hit the 60s.In the NBA, a typical over/under tends to hover in the 210 range. In college basketball, a standard over/under is between 140 and 155.What Does Under 2 Mean In Betting
The hidden factors that come into play in determining a point spread vary by sport, but have common themes. Recent team history is a primary factor that sports books like to exploit. Sports by their nature are a reflective business based on developing trends from previous games (“getting on a roll”) and, if a football team has scored 40-plus points in three straight games, the over/under is going to be higher because sports bettors tend to believe that trends are going to continue. It’s human nature…until they don’t.
If a critical player – a quarterback in football or a dominant scorer in basketball – is out or playing injured, the over/under will drop.
Other factors critical in setting the over/under number include weather (where applicable), an undefinable history between teams (you know Steelers-Ravens games are going to be physical bloodbaths) and injuries that may not jump out to casual fans that mean a lot sports books are all factors that go into creating and setting an over/under line that will draw an even number of fans to both sides of the number.
The key to betting the over/under is to look at a slate of games without knowing what the over/under is and set what you believe it should be based on your knowledge of those two teams. The ones that differ the most from what you think should be are the ones to place your bets on.
One final note that has been a mantra of those who bet the over/under with some consistency – every game is under until it goes over.
If you’re new to sports betting, start with picking and choosing games you’re convinced should go under and get an understanding of how late-game fireworks can botch your plans.
Many inexperienced punters, or those who are new to sports betting, may find themselves looking at the available markets and asking, what is 1X2 betting?
Well, 1X2 betting is mostly popular in football and involves betting on the result in a match with three possible outcomes, which are home win, away win, and draw.
This market may also be known as Full Time Result, Match Betting, or Three-Way Bet.
How Does a 1X2 Bet Work?
If you are still confused, here’s a more detailed explanation and includes an example.
Basically, the three outcomes of a match between two teams are represented by either 1, 2, or X. This means 1 is for a home win, 2 for an away win, and X for the draw.
Using odds from Bet 365, let us use the scheduled curtain raiser for the 2017/18 Premier League season between Arsenal and Leicester as an example.
In the Full Time Result market, Arsenal are represented by the 1 as they are the home team. Leicester are the away team, so are represented by the 2, and the draw is X. Looking at the odds, you can see that Arsenal are favourites at 1.36. Leicester are the outsiders, with odds of 8.50, and the draw is priced at 4.75.
This means, using a 100 stake, that a bet on Arsenal to win would pay 136 if they’re victorious. Leicester to win is a possible return of 850, whilst the draw would pay 475 if the game finishes level.
The 1X2 bet is sometimes also available in handicap betting, as long as there’s the possibility of a draw.
Combining Two of the Three Possible Outcomes
It is possible to combine two of the three possible outcomes, using a Double Chance bet.
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With this market, you can choose to bet on 1X, X2, or 12. This basically translates into home win or draw, draw or away win, and home win or away win.
By combining two outcomes, you have a bigger chance of winning your bet although it would be for lower odds than in a normal 1X2 market.
Using the match above, Arsenal v Leicester, let’s look at the difference in possible return.
1X (Arsenal or Draw) – Odds of 1.083. Possible return of 108.30 for a 100 stake
X2 (Draw or Leicester) – Odds of 3.20. Possible return of 320
12 (Arsenal or Leicester) – Odds of 1.20. Possible return of 120
Using our bet calculator, you can work out if it would be more profitable to combine two of the three possible outcomes using the double chance option or in the normal 1X2 market.
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Odds Meaning Betting
Other Sports Using 1X2 Betting
Football is the obvious, and most popular, sport which uses the 1X2 betting market, but it’s not the only one.
In fact, many bookmakers will offer this market on any team sport which has the possible outcomes of a home win, away win, or draw. Therefore, sports such as cricket, rugby, and even hockey are becoming increasingly popular among punters who use 1X2 betting.