A totals bet is a wager where you will predict that an occurrence will be over or under a certain threshold. You can probably guess why they are called over/unders now. For example, you could bet on the over/under total points score in a basketball game.
- Betting on the over/under point total of a game is quite popular when making a sports wager. Bettors tend to really like betting on over/under because they don't really have a rooting issue for one team.
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Over Under Betting is the second most popular type of NFL betting, just behind spread betting. Over Under Betting is also known as “Game Total Betting” and you will often see it be referred to as either term. 'Over Under' refers to the betting line on the total number of a certain statistic — usually points or goals scored — in a sporting event, with action taken on whether there will be more (the over). Bets on the total (over/under) In addition to the spread bet, a very common 'side bet' on an event is the total (commonly called the over/under or O/U) bet. This is a bet on the total number of points scored.
The bet might be over/under 165. If the total number of points scored by BOTH teams is over 165, the over bet wins. If the total is under 165, the under wins. Usually, the points will be in half points to prevent ties (Over/Under 165.5)
As you can see, this allows you to cheer for both teams to score a ton or for both teams to do terribly. Most sports games will allow you to bet on the over/under of how many points/goals/runs are scored. Some sports will also allow you to bet on the over/unders of other occurrences.
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For example, golf betting sites will allow you to bet on how many birdies or how many eagles there will be on a particular hole or during a particular tournament round. Other sports may allow you to bet on how many fouls, penalties, or yellow cards there are during a game. Basically, anything that can be counted during a game or match is a candidate for a totals bet and is probably offered somewhere.