What is Over/Under betting? How to Bet on Totals Explained

Over/Under betting is a popular way to wager on sports. We explain precisely how betting on the total works with examples from the NFL, NBA, and more!

Jason Logan: Senior Betting Analyst at Covers
Jason Logan • Senior Betting Analyst
Aug 27, 2024 • 12:52 ET
Philadelphia Eagles quarterback Jalen Hurts NFL
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What does Over/Under mean?

The Over/Under is a set of odds in which you bet on whether the combined score will add up to more or less than the projected total number set by oddsmakers.

If you believe there will be more points scored than the projected total, you should bet the Over. If you believe there will be fewer points scored than the projected total, you should bet the Under.

Over/Under betting, or totals betting, is one of the most popular options for sports bettors along with the point spread and moneyline.

Total bets are simply based on the number of points scored, without any link to the outcome of the game. Over/Under betting is found in almost all sports, including the NFL, college football, NBA, MLB, and NCAA basketball.

What is Over/Under betting? We explain how to bet on totals.

Over/Under betting explained

Let’s look at the betting total from Super Bowl LIV as an example of how to read Over/Under odds.

Super Bowl Over/Under

The Over/Under total odds from Super Bowl LIII between the San Francisco 49ers and the Kansas City Chiefs

Based on these odds, the Over/Under for Super Bowl LIV between the Kansas City Chiefs and the San Francisco 49ers was 53 points. Each side of the total – the Over and Under – is assigned a cost of placing that bet, also known as juice or vig. The vig for most Over/Under bets is -110 on each side, which means in order to win $100 betting on the Over or the Under you would need to wager $110.

Kansas City won Super Bowl LIV by a final score of 31-20, with 51 total points scored by both teams. That means the Super Bowl went Under the projected total of 53 points. Anyone who bet on the Under 53 won their bets while anyone who bet the Over 53 lost.

How to bet the Over/Under

Before making an Over/Under bet, you’ll need to decide if the collective score will be more or less than the oddsmakers’ total and if you should make the bet now or later — because the Over/Under might change. Then you’ll want to understand the vig/juice on the total and how much you stand to win. 

NBA Over/Under

An example of NBA Over/Under totals odds

In this example, the total for this game between the Los Angeles Clippers and Los Angeles Lakers is set at 222.5 points with the vig on both the Over and Under set at -110.

Oddsmakers will often use half points when setting Over/Under totals, which means there is no chance for the final score to land directly on the projected total.

If you bet the Over you would be predicting 223 points or more and if you bet the Under you would be predicting 222 points or less.

MLB Over/Under

An example of MLB Over/Under totals odds

Looking at the MLB, the betting total for this game between the Washington Nationals and Los Angeles Dodgers is set at 7.5 runs. However, the Over has a vig of -120 while the Under is set at +100 or EVEN money. 

This difference in the vig could be because there is a slightly higher probability that the final score totals eight runs or more. It could also reflect the amount of money already wagered on the Over, as sportsbooks attempt to entice bets on the Under at the lower vig to balance out the money on either side.

If you bet the Over, you would be predicting eight runs or more and would need to wager $120 to win $100. If you bet the Under, you would be predicting seven runs or less and would win $100 if you wagered $100.

What is the payout on an Over/Under bet?

Most Over/Under bets have a vig of -110 on both the Over and Under. This is also known as a flat rate. That means that for every $100 you wish to win you must wager $110 – or a payout of 91 cents for every $1 wagered.

Sometimes sportsbooks will adjust the vig on the Over/Under to entice more money to be wagered on one side. If a book has taken a lot of money on the Over 53 (-110) and little money on the Under 53 (-110), then they may change the vig to Over 53 (-115)/Under 53 (-105).

This gives the Under a better payout (95 cents for every $1 wagered on Under compared to 87 cents on every $1 wagered on Over) and induces action on the Under, balancing the money bet on either side of the Over/Under and ensuring a profit for the sportsbook regardless of the result.

Use our Over/Under betting calculator to see how much money you can win with your totals bet.

How is the Over/Under determined?

Oddsmakers take many factors into consideration when setting the Over/Under total, beyond the basic offensive and defensive stats of the teams involved. 

Weather can have a significant influence on scoring production in outdoor sports like football and baseball, with wind serving as the most impactful conditions. Lineups, injuries, coaching plans, home and away results, and scheduling will also be measured by oddsmakers when setting Over/Under odds.

The amount of money bet on the Over or the Under can also determine the total. If more money is being wagered on the Over, sportsbooks may increase the total to entice betting on the Under. If more money is being wagered on the Under, sportsbooks may decrease the total to draw money on the Over.

Over/Under FAQs

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Jason Logan Senior Industry Analyst Covers.com
Senior Betting Analyst

In his 20 years with Covers, lead NFL betting analyst “JLo” has seen it all and bet it all. Through the wild west of early Internet gambling to lobbying for legalized sports betting to our brave new wagering world, Jason has been a consistent source of actionable info and entertainment for squares and sharps alike.

Since joining the Covers team back in 2005, he’s honed his handicapping skills to provide audiences with the most thorough insights, blending traditional capping methods with advanced modelling and predictive analysis. Jason has studied the ins and outs of the sports betting business, learning from some of the most successful gamblers in the industry and the biggest sportsbook operators on the planet.

He is under center for Covers during NFL season as our top NFL expert, taking the points in his infamous “NFL Underdogs” column and representing the Covers Community at the Super Bowl. While he lives for football season, Jason’s first love is basketball and that shows in his in-depth NBA, NCAA, and WNBA betting breakdowns.

On top of being a mainstay in media from coast to coast – WPIX, PHL17, Fox 5 San Diego, WGNO, TSN, SportsNet, ESPN Radio – he’s had his analysis featured in USA Today, MSNBC, ESPN, the Wall Street Journal, CBS, Bloomberg, the L.A. Times, the New York Times and other major publications. You can also find JLo stuffing all the top picks and predictions he can into 10 minutes as the host of Covers’ flagship podcast, The Sharp 600.

His best advice for bettors new and old is “Handicapping isn’t a ‘one size fits all’ process. The impact and importance of information varies from bet to bet. Treat each wager different than the last.”

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