What Does Total Mean In Betting
- Nba Totals Betting System
- What Does Total Mean In Betting College Football
- What Does Total Booking Points Mean In Betting
- What Does Total Stake Mean In Betting
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Nba Totals Betting System
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When betting totals, you are no longer pledging your allegiance to one team. It doesn’t matter who wins the game or by how much, the only aspect of the game you are concerned with is the total score.
Bookmakers will set a projected number of points to be scored in the game, then you decide whether the actual number of points scored will be more (over) or less (under) than the total they set.
Totals Betting: A Case Study Explained
In the following game, the bookmakers have set the total points (to be scored in the game) at 219. The number appears twice to give you the odds for picking both “over” and “under.”
(Focus on the “Total” column. Pay no mind to all the other noise.)
So, if you believe that the scores of both Cleveland and Boston will combine to equal more than 219 points, you’ll want to bet on “the over.” If you believe it will be a defensive game with fewer than 219 total points scored, you’ll definitely want to bet on “the under.”
We’ve used an NBA line in our example, but totals bets are available on any sport that involves point totals.
How Do Payouts on Totals Betting Work?
In our example, you’ll notice that the odds corresponding to both the over and under have -115 and -110 next to them. Just like the moneyline, the odds attached to the over and the under indicate the prospective payout.
The odds attached to the over and the under indicate the prospective payout.
In the above example, it’s impossible to double your money by betting on either the over or the under. This is a relatively common practice on over/unders, as sportsbooks usually decide that there is an equitable probability of the point total moving in either direction. However, this is far from being set in stone.
Regardless of the sport, if there are two notoriously high-scoring teams with shoddy defenses, you may see your sportsbook assign the over as the favorite. Similarly, if both teams’ scoring is known to be lower than average, you might see the favorite gravitate heavily towards the under.
It might not seem entirely fair (or reasonable) that you have to bet $110 in order to win $100, especially when your sportsbook is telling you that there’s a 50/50 probability of either outcome.
This is simply part and parcel of using an online sports betting site. The 10% vig (or “juice”) is how sportsbooks stay afloat and profitable. It’s a price you’ll often have to pay just to bet on the spread.
A Bonus of Totals Betting: The Grand Salami
If you’re betting on the NHL, most sportsbooks offer a slight variation on available totals betting. It’s called the “Grand Salami”, and it allows bettors to wager on the total number of goals scored during one night of action in the NHL.
What Does Total Mean In Betting College Football
The vast majority of totals bets in the NHL are 5.5 (over/under), so sportsbooks will usually multiply 5.5 against the number of games in the NHL that night. Whatever (5.5 x (number of games on the schedule) is, this will be the Grand Salami.
For example, if there were two games on the NHL schedule, Pittsburgh vs. New York and Vancouver vs. Edmonton, the Grand Salami would likely be listed around 11 (-110) over and 11 (-110) under.
If Pittsburgh vs. New York ended at 3-1, and Edmonton vs. Vancouver ended at 4-1, the total number of goals on the night would 9. If you selected an under on the Grand Salami, your bet would be a winner.
Conversely, if Pittsburgh vs. New York ended at 6-5, and Vancouver vs. Edmonton was 4-2, the total goal scored on the night would be 17. As such, bettors who selected the over on the Grand Salami would be successful.
Much like in baseball where the traditionalists complain that the new wave of players are taking over and disrespecting the game, sports betting is slowly becoming geared to the younger generation of players. The demand for quick results and instant gratification have taken the sportsbooks by storm and sportsbook have replied by offering up more and more obscure bets. However, one of the simplest forms of betting has remained the same and that is betting the “total” for a particular game or event.
What Does Total Mean?
What Does Total Booking Points Mean In Betting
If you hear the phrase “total” being talking about during a sports betting discussion, it is referring to a betting option where the bettor is predicting the number of runs/goals/points scored by the two teams combined. The two options a bettor has is to bet “over” the total, or “under” the total.In order to understand how the “over/under” works, you must first understand what betting on totals entails.
To keep it short and sweet, linemakers set a total for the number of points they think the two teams will combine to score in a particular game. Bettors then have two betting options to choose from – the “over” or the “under”. Taking the “over” means you think that both teams will combine for more than the linemakers posted total, while taking the “under” is the exact opposite.
When setting these totals, sportsbooks try to set a line that gets balanced action. They hope half the bettors think the line is too high, while the other half think the line is too low. If they can accomplish this, they can make a profit without any risk to them.
The concept is straightforward but throwing in an example never hurt. Let’s say you are looking at a hockey game between the Red Wings andLightning and the linemakers set the total at 5.5 goals. If the teams combine for six or more goals, any bet on the “over” would be graded as a winner. If there are five or fewer goals scored, “under” bettors would be the ones celebrating a winning bet.
Different Types of Total Bets
Almost every single sport available for wagering will have a posted total that you can choose to bet on. In it’s simplest form, bettors typically choose to wager on the “over/under” for the entire game. This does not mean that it’s the only option available.
Sportsbooks give bettors the opportunity to wager on the “over/under” for half time “totals”, team “totals”, individual performance “totals” and future bets. To keep it simple, I will use the Red Wings and Lightning example to explain each of these options.
Some sportsbooks offer a 1.5 goal total for each period. This means you can wager on the “over/under” for each period. If you are playing team totals, the Red Wings may have a team total of 2.5 goalsin which case you would have to choose either the “over” or “under”. There are also individual performance totals available, such as the number saves a goalie will make or the number of shots on net a certain player will have. And lastly, if you decide to lay a future bet down on the “over/under” you will likely be betting how many games a particular team will win over the course of the season.
Betting Strategies for Totals
Just like any betting option, you will come across a totals opportunity every once in a while, that is just screaming out at you to bet it. These are the opportunities that you need to capitalize on in order to be a successful handicapper over an extended period of time.
Betting strategies surrounding the total often time revolve around the weather in a particular matchup. In football, if it’s snowing or raining profusely, the “total” could be effected which is why the “under” may be worth looking into further. Now, I’m not telling you to bet every game that has snow or rain “under” the total. I’m telling you to do your research and understand that snow and rain effect all aspects of the game and could take away the part of the game a team has success in (think pass-happy team playing in snow storm – probably won’t be the greatest result).
What Does Total Stake Mean In Betting
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