Can you explain how an over under wager works in sports betting

An over under wager, also known as a totals bet, is a type of sports bet in which the bettor wagers on whether the total number of points, goals, or other metric in a game will be over or under a certain number set by the sportsbook.

How it works

The sportsbook sets a line, or total, for the game. For example, for a basketball game, the total might be set at 200 points.
Bettors can then choose to bet on whether the total score of the game will be over or under that number.
If the bettor believes the total score will be higher than 200, they would bet "over." If they believe the total score will be lower than 200, they would bet "under."
If the total score of the game is higher than the line, the "over" bettors win. If the total score is lower than the line, the "under" bettors win.

Example

Let's say the total for a basketball game is set at 200 points. If you bet $100 on "over," and the total score of the game is 205, you would win $100. However, if the total score is 195, you would lose your $100 bet.

Related Questions

What is the difference between an over under wager and a spread bet?
- A spread bet is a type of bet in which the bettor wagers on which team will win the game by a certain number of points.
How do I calculate the payout for an over under wager?
- The payout for an over under wager is calculated by multiplying the amount of the bet by the odds offered by the sportsbook.
What is a "push" in an over under wager?
- A "push" occurs when the total score of the game is exactly equal to the line set by the sportsbook. In this case, the bettors neither win nor lose their bets.
How do I know if I won or lost an over under wager?
- If the total score of the game is higher than the line and you bet "over," you win. If the total score is lower than the line and you bet "under," you win.
What are some tips for betting on over under wagers?
- Consider the teams' recent scoring history, the weather conditions, and the importance of the game.

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Can you explain how an over under wager works in sports betting?