Gambling Explained
Anyone has the potential to be a sharp sports bettor with the right info. That’s why SBD put all the fundamentals into our introductory series for new bettors: Sports Betting 101.
Sports Gambling Explained
Learn about the types of sports bets you can place, how to read odds, and how to manage your bankroll to get the most value out of your wagers.
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The over/under betting odds, or the totals, work differently for each sport. If the number is 42 in a football game and you bet the over, you would need 43 points total between the two teams. In baseball betting, it is the number of runs scored that sets the total. In gambling, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 3 to 1 mean the first party (the bookmaker) stakes three times the amount staked by the second party (the bettor). OVER/UNDER Explained A sports betting OVER/UNDER is a bet where you have to correctly predict the combined score of both teams. You have to pick if the total score will be lower or higher than the number set by oddsmakers – the people at betting sites who set the lines and odds.
We’ll break down some confusing terms you might encounter while getting started and walk you through some basic considerations to think about before placing a sports bet online.
Gambling Explanation
Let’s get started!