Amidst the pile of inventive bet types in football, over/under (O/U) bet stands out for the sheer gains it brings to the table. Read on to understand what O/U bet!
Over/under (O/U) bet is a big draw for punters wagering on football. In fact, this betting market is only next to Win Bets in terms of profitability and popularity. In an O/U bet, the bookie will predict the aggregate of the goals scored by both teams in the particular contest. Now, it is up to you to figure out whether the actual aggregate is over or under the number predicted by the sportsbook. The ambit of O/U bet also extends to other variables, such as, but not limited to, the total corners taken and yellow cards served in a particular contest. Predicting the game variables is central to this arrangement while the final outcome of the contest is insignificant.
Assume that Man U is playing Real Madrid. The sportsbook will doll out odds on whether the combined total of goals scored within 90-minutes of play is over or under 2.5, leaving you to do the guesswork. If you place a wager on over 2.5 bet, both teams should put together 3 goals on the board to help you win. In any event, they fail to do so, you end up losing your stakes. However, it is worth mentioning that goals scored within the 90-minute play will be considered for payouts, and goals scored in penalty shootouts or extra-time are discarded outright. The betting and payout pattern remains consistent in O/U bets on other variables as well.
The over/under market remains significant for the sheer profitability it brings forth. At the end of the day, you have just two options to bet, either over the limit set by the bookie or under it. This translates into 50% winning probability, which is considerable vis-à-vis the other popular bet types available. The O/U bet is probably the only market where you get to cheer for both the teams in the contest or neither of them, depending on your bet.