In sports betting, the “total” refers to the combined score of both teams in a game, which bettors can wager on through over/under bets. A result in this context would indicate whether the actual combined score went over or under the set total, determining the outcome of the bet.
Understanding Totals in Sports Betting
- Definition of Totals: Totals, also known as over/under bets, allow bettors to wager on the combined score of both teams in a game, regardless of which team wins.
- How It Works:
- Bookmakers set a projected total score for the game.
- Bettors decide if the actual score will be higher (over) or lower (under) than this total.
- Example:
- If the total is set at 219 points for a basketball game, and the final score is 120-110 (totaling 230 points), those who bet on the over win. Conversely, if the score is 115-109 (totaling 224 points), the over also wins.
Types of Totals Bets
- Game Totals: The most common form, where the total points scored by both teams are considered.
- Team Totals: Bettors can wager on the total points scored by a specific team rather than the combined score.
- Half/Quarter Totals: Bets can be placed on the total points scored in specific periods of the game, such as the first half or the fourth quarter.
- Player Props: Individual player statistics can also be bet on, such as total points scored or assists made.
Payouts and Odds
- Understanding Payouts:
- The payout for totals bets depends on the odds set by the sportsbook. For example, if the odds are -110, a 100 profit if successful.
- Push Situations:
- If the final score matches the total exactly, the bet is considered a push, and the wager is refunded. To avoid pushes, sportsbooks often set totals with half points (e.g., 47.5).
Live Betting and Variations
- Live Betting:
- Totals can also be bet on during the game, with odds updated in real-time based on the current score.
- Grand Salami:
- A unique totals bet in NHL betting, where bettors wager on the total number of goals scored across all games in a given day.
Conclusion
- Totals betting offers a flexible and engaging way to participate in sports betting, focusing on scoring rather than team outcomes. Understanding the mechanics of totals can enhance the betting experience and potentially lead to successful wagers.