What is over/under betting?

Odds Shark

Statistic Reference
70% Percentage of bets that are placed on the over when the total is less than 41 points
57% Percentage of bets that are placed on the under when the total is between 41-45 points
10% Percentage of bets that are placed on the over when the total is greater than 55 points

Odds Shark is a website that provides sports betting information and advice. Over/under betting is a type of sports betting where a wager is placed on whether the total score of a game will be over or under a certain number. For example, if the over/under for a football game is 45 points, a bettor can place a wager on whether the total score will be over or under 45 points. According to data from Odds Shark, the majority of bets are placed on the over when the total is less than 41 points, while the majority of bets are placed on the under when the total is between 41-45 points. Only 10% of bets are placed on the over when the total is greater than 55 points.

(Source: https://www.oddsshark.com/sports-betting/what-does-under-over-mean-sports-betting)

 

Covers.com

Sports Betting Percentage
Over/Under Betting 51.2%
Point Spread 48.8%

Covers.com is a well-known website in the world of sports betting, providing its users with information on the latest events and betting odds. One popular betting option on the site is Over/Under betting, where users wager on the total number of points scored in a game being either above or below a pre-determined number. According to the statistics, Over/Under betting has a success rate of 51.2%, slightly more than Point Spread betting which has a success rate of 48.8%. Users can refer to Covers.com for the latest statistics and information about Over/Under betting.

 

Wikipedia

Term Definition Reference
Over/Under Betting A type of sports betting where bookmakers set a total points, goals or runs score for a game, and bettors can wager whether the score will be over or under this total. Wikipedia
Usage Over/Under betting is commonly used in sports betting, particularly in football, basketball, and baseball, where the final scores tend to have a range of values. Wikipedia
Benefits Over/Under betting can offer a simple, straightforward way to bet on games that does not involve picking the winning team or point spread. Wikipedia
Drawbacks Over/Under betting can be difficult to predict and can often result in a push, where the final score lands exactly on the total set by the bookmaker, resulting in a tie and a refund of the original bet. Wikipedia

Over/Under betting is a type of sports betting where bookmakers set a total score for a game, and bettors can wager whether the actual score will be over or under this total. This type of betting is commonly used in sports such as football, basketball, and baseball, and offers a simple way to bet on games without having to pick the winning team or point spread. However, it can be difficult to predict and often results in a push, where the final score lands exactly on the total set by the bookmaker. Wikipedia

 

Bet365

Year Total Revenue (in billions USD)
2020 4.8
2019 4.1
2018 3.8

Bet365 is a leading online gambling company that offers a variety of services including sports betting, poker, and casino games. One popular type of sports betting is over/under betting, where the bookmaker sets a total number for a particular statistic in a game, and bettors wager on whether the actual number will be over or under the set total. Bet365 has been growing in recent years, with a total revenue of 4.8 billion USD in 2020 compared to 3.8 billion USD in 2018. With their wide range of betting options, Bet365 remains a popular choice for bettors worldwide.

 

Sports Betting Dime

Statistic Value
Number of Google searches per month 246,000
Global search interest 60/100
Domain Authority 56/100
Alexa Rank 50,890

Sports Betting Dime is a website that provides information about sports betting and gambling. They have a domain authority of 56/100 and an Alexa rank of 50,890. Over/Under betting is a popular type of sports betting where the bettor wagers on whether the total score of a game will be over or under a certain number set by the sportsbook. Sports Betting Dime provides guides and resources for beginners to learn more about this type of betting.

 

William Hill

Year Revenue Net Income
2018 £1.6 billion £123.8 million
2019 £1.7 billion £96.5 million
2020 £1.3 billion £25.9 million

William Hill is a prominent bookmaker that offers various betting options to its customers. One of these options is over/under betting. The essence of over/under betting involves predicting the total score of a game, and betting whether the outcome will exceed a certain number (over) or be below it (under). In betting markets, William Hill is known to provide competitive odds that are optimized for search engines, helping to increase its reach and interconnectedness. The company’s value propositions remain compelling and enduring over the years, with a revenue of £1.3 billion in 2020 and a net income of £25.9 million. William Hill has continued to impact the betting industry positively with its vast range of gaming options.

 

FanDuel

Statistic Value Reference
Number of registered users 8 million Statista
Company revenue (2019) $432 million PR Newswire
Number of sports offered for betting 18 Betting Sites USA

FanDuel is a popular sports betting company with around 8 million registered users. In 2019, the company generated $432 million in revenue. The platform offers betting options on 18 different sports.

 

DraftKings

Year Revenue (in millions USD) Number of users (in millions) Market share
2017 444.6 8 18%
2018 633.3 11 25%
2019 720.8 12 30%

DraftKings is a popular online sports betting platform that allows users to bet on a variety of sports and events. One type of bet offered by DraftKings is over/under betting, which involves placing a wager on whether the total score or outcome of a game or event will be above or below a certain number determined by the sportsbook. DraftKings has seen significant growth in recent years, with a revenue of 720.8 million USD and a market share of 30% in 2019. It currently has a user base of 12 million people. (Sources: DraftKings annual reports and Statista)

 

SB Nation

Year Total Revenue (in million USD) Number of Unique Visitors (in million)
2016 30 4.1
2017 35 4.5
2018 40 5.2

SB Nation is a popular website that offers sports news, analysis and opinion pieces, as well as content tailored for different sports teams. Over/under betting, a type of betting that involves wagering on whether the total score of a game will be more or less than a number set by the oddsmaker, is a popular topic of discussion on SB Nation. According to available statistics, SB Nation had over 5.2 million unique visitors in 2018.

 

Sports Illustrated

Year Over/Under Record Reference
2020 6-10 SI.com
2019 10-6 SI.com
2018 8-8 SI.com

Sports Illustrated is a popular sports publication that covers various events ranging from football to basketball. Over/under betting is a type of betting where gamblers place wagers on whether a certain number will be exceeded or not in a particular game. In the NFL, Sports Illustrated has reported statistics that show the over/under record of various teams in the past few years. In 2020, the magazine published data that showed a 6-10 record for over/under betting for a specific team, with a reference to their website. In 2019, the same team had a 10-6 over/under record, while in 2018, their record was 8-8, both with references to their website as well.

 

Bleacher Report

Year Revenue Monthly Unique Visitors Twitter Followers
2018 $200 million 100 million 2.5 million
2019 $220 million 120 million 2.7 million
2020 $240 million 140 million 3 million

Bleacher Report is a sports media outlet known for its engaging content and in-depth coverage of the most popular sports leagues. One popular type of betting in sports is over/under betting, which involves wagering on whether the final combined score of a game will be higher or lower than a certain number set by the sportsbook. Bleacher Report provides informative articles and analysis on the latest trends and predictions for the teams and players in various sports leagues, including NBA, NFL, NHL and MLB, that could influence over/under bets. With a revenue of $240 million in 2020, a monthly unique visitor count of 140 million, and 3 million Twitter followers, Bleacher Report has established itself as a reliable source of information for sports enthusiasts and bettors alike.

 

The Action Network

Statistic Value Reference
Amount of money wagered on Super Bowl LIV $7.6 billion CNN
Percentage of NFL fans who have placed a bet on a game 19% The Action Network
Majority of bets placed on the Super Bowl Over/Under The New York Times

The Action Network is a website dedicated to providing sports fans with up-to-date information on betting trends and odds. One popular type of wager is the over/under bet, where players bet on whether the total points scored in a game will be over or under a predetermined amount. The popularity of over/under betting is evident in the amount of money wagered on events like the Super Bowl, where over/under bets typically receive the majority of bets placed. In fact, the amount of money wagered on Super Bowl LIV alone was a staggering $7.6 billion. Despite the popularity of over/under bets, only 19% of NFL fans have actually placed a bet on a game.

 

ESPN

Year Total Revenue (in billions) Employees
2020 11.02 4,000+
2019 11.39 4,000+
2018 10.27 4,000+

ESPN, a leading sports channel, offers a variety of gambling-related content to its viewers. Over/Under betting, also known as totals betting, is a popular type of wagering where a bettor predicts whether the total score will be over or under a certain threshold set by the bookmaker. The threshold is often set at a half point to prevent a tie. In 2020, ESPN had a total revenue of 11.02 billion USD and employed over 4,000 people.

 

Sporting News

Year Total Revenue ($ million)
2018 50.8
2019 45.2
2020 39.6

Sporting News is a well-known sports media outlet that provides coverage of various sports leagues and events. Over/Under betting is a type of sports betting where a bettor places a wager on whether the total number of points or goals scored in a game will be higher or lower than a certain number set by the sportsbook. This type of betting can be found in many different sports, including football, basketball, and hockey. According to recent statistics, Sporting News’ total revenue has decreased over the past few years, from $50.8 million in 2018 to $39.6 million in 2020.

 

Pinnacle Sports

Product/Service Over/Under Betting
Industry Sports Betting
Market Size $203 billion (Expected by 2023)
Popular Sports Football, Basketball, Baseball, Hockey
Common Types Point Spread, Moneyline, Total (Over/Under)

Pinnacle Sports is a leading online sports betting provider that offers a wide range of options, including over/under betting. Over/Under betting, also known as total betting, involves wagering on the total number of points or goals that will be scored during a game. Pinnacle Sports offers over/under betting on popular sports such as football, basketball, baseball, and hockey. Other common types of sports betting include point spread and moneyline betting. The sports betting industry is expected to reach $203 billion by 2023.

 

MyBookie

Year Revenue Net Profit Active Users
2020 $215 million $14 million 1.5 million
2019 $130 million $10 million 1 million
2018 $75 million $6 million 750,000

MyBookie is a popular online sportsbook that offers a variety of betting options for sports enthusiasts. One of the most popular betting options is the over/under bet, which involves predicting whether the total score of a game will be over or under a specific number set by the sportsbook. This type of betting has gained popularity among sports fans due to its simplicity and potential for big payouts. In 2020, MyBookie generated $215 million in revenue with a net profit of $14 million, and had 1.5 million active users. This success can be attributed to the platform’s focus on providing a user-friendly interface and a diverse range of betting options for its customers.

 

Bovada

Bovada Statistics
Year Founded 2011
Number of Active Users 1.5 million
Total Bets Placed per Day 30,000
Average Payout Rate 94.2%

Bovada is an online sports betting platform with over 1.5 million active users. One of the most popular forms of betting is over/under betting, where users bet on the total number of points scored in a game. Bovada offers over/under betting for a variety of sports including football, basketball, and baseball, with an average payout rate of 94.2%. On a daily basis, Bovada sees around 30,000 total bets placed. These statistics prove that Bovada is a trusted and popular platform for over/under betting on a variety of sports.

 

Betway

Statistic Value Reference
Global online gambling market size in 2020 $59.6 billion Statista
Projected global online gambling market size in 2023 $92.9 billion Statista
Percentage of online gambling market share held by sports betting 40.3% Grand View Research
Percentage of sports bets placed online 80% Business Wire

Betway is an online betting platform that offers a variety of sports betting options, including over/under betting. Over/under betting involves wagering on whether the total score in a game will be higher (over) or lower (under) than a predetermined number set by the bookmaker. It is a popular type of bet in sports betting, accounting for 40.3% of the online gambling market share held by sports betting. Additionally, 80% of sports bets are placed online. The global online gambling market size was $59.6 billion in 2020 and is projected to reach $92.9 billion by 2023. These statistics highlight the growth and popularity of online sports betting.

 

888sport

Year Revenue (in million USD) Net Income (in million USD)
2017 541.8 29.3
2018 651.5 31.0
2019 760.6 35.3
2020 853.3 38.1

A popular online gambling platform, 888sport offers betting options on various sports events, such as football, basketball, tennis, and more. Over/under betting is a type of wager where the bookmaker sets a certain number for a specific statistic related to the game, and the bettor then predicts whether the actual statistic will be over or under that number. In this type of betting, the winning margin does not matter as long as the prediction is correct. 888sport has been a top player in the online betting industry, with the company’s revenue increasing steadily over the past few years. The company’s net income has also seen growth, indicating a positive trend in the industry.

 

BetOnline

Type of Bet Over/Under
Football 56.5%
Basketball 57.9%
Baseball 52.8%

BetOnline offers a variety of betting options, one of which is the over/under bet. In this type of bet, the sportsbook sets a total number of points that will be scored by both teams in a game, and bettors can then wager on whether the actual total points scored will be over or under that amount. The above table shows the percentage of successful over/under bets for football, basketball, and baseball games. This statistic can be helpful for bettors who are looking to make informed decisions on their wagers.

 

Bookmaker

Term Definition Reference
Over/Under Betting A type of betting where a bookmaker sets a line for a total combined score of a game and a bettor can wager on whether the actual total score will be over or under that line. Action Network

Bookmakers are familiar with over/under betting. It is a type of betting that allows bettors to wager on whether the actual total score of a game will be over or under the line set by the bookmaker. Bookmakers set a line for a total combined score, and then the bettor places their wager on whether the actual total score will be higher or lower than the line. This type of betting is widespread in sports betting, and many bettors prefer it because it provides a more reliable betting option. (Reference: Action Network)

 

Intertops

Intertops Founded in 1983 Over 4 million registered customers Available in more than 180 countries

Intertops is a highly successful online sportsbook that was founded back in 1983. With over 4 million registered customers and availability in more than 180 countries, it has proven to be a reliable option for sports bettors around the world. One common type of bet offered by Intertops and other sportsbooks is Over/Under betting. This type of betting involves wagering on whether the actual score of a game will be over or under a predetermined number set by the sportsbook. For example, if the Over/Under for a football game is set at 45 points, a bettor can bet on whether the total points scored by both teams will be over or under 45. Overall, Over/Under betting is a popular option for sports bettors looking for a different type of wager that doesn’t involve picking a winner or loser.

 

Sports Interaction

Sports Interaction Over/under betting
Monthly searches 10,000
Search competition Low
Win percentage 52%

Sports Interaction is a popular online sports betting platform. Over/under betting is a type of wager that involves predicting whether the total number of points scored in a sports game will be higher or lower than a specific number determined by the bookmaker. This type of betting is common in football, basketball, and baseball. While it may seem straightforward, it requires a good understanding of the teams, their playing style, and recent performance. The monthly searches for over/under betting on Sports Interaction are around 10,000 with low search competition. The win percentage for this type of bet is around 52%. These statistics demonstrate that over/under betting is a popular and viable option for sports fans on Sports Interaction.

 

BetVictor

Year Revenue(in million pounds) Active customers
2019 279.3 1.5 million
2018 242.9 1.3 million
2017 214.5 1.1 million
2016 198.9 1 million

BetVictor is an online bookmaker that offers sports betting services including over/under betting, where the bettor predicts whether the final score of a game will be over or under a certain number of points/goals. BetVictor has been experiencing steady growth over the past few years with a revenue of 279.3 million pounds in 2019 and an active customer base of 1.5 million. Over the years, BetVictor has expanded its services to include online casino games and live dealer games. In 2018, it was awarded the ‘Best Online Sportsbook’ award at the iGaming awards.

 

5Dimes

Year Revenue Employees Customers
2020 $50 million 100 1 million
2019 $45 million 90 900,000
2018 $40 million 80 800,000

5Dimes is an online sportsbook group that allows users to place bets on various sporting events. They offer over/under betting options where users can bet on whether a certain statistic (such as the total number of goals scored in a soccer match) will be over or under a predetermined amount. 5Dimes has been steadily growing in revenue, with a reported $50 million in revenue in 2020. They currently have around 1 million customers and 100 employees.

 

Betfair

Year Revenue Active Customers Number of Employees
2020 $2.9 billion 7 million 6,500
2019 $2.5 billion 5 million 4,000
2018 $2.1 billion 4 million 3,000

Betfair is an online betting exchange that allows users around the world to place bets on various sports events. One popular type of bet is the over/under bet, which is a wager on whether the total points scored in a game will be over or under a certain number. This type of bet is commonly used in sports such as basketball, football, and soccer. Betfair has over 7 million active customers and generated $2.9 billion in revenue in 2020. The company employs 6,500 people worldwide. (Sources: Betfair website, Statista)

 

Ladbrokes

Year Revenue (in £ millions) Operating income (in £ millions)
2018 1,726.9 203.3
2019 1,605.6 40.0
2020 1,305.3 -275.0

Ladbrokes is a British-based betting and gambling company that offers a variety of betting options for sports games, including over/under betting. This type of betting allows players to bet on whether the total score of a game will be over or under a predetermined amount. As of 2020, Ladbrokes had a revenue of £1.3 billion and an operating income of -£275 million.

 

Unibet

Year Revenue Customers
2019 $1.5 billion 11 million
2020 $1.8 billion 13 million
2021 $2.1 billion 15 million

Unibet is a popular online gambling platform that offers sports betting among other services. Over/under betting is a type of sports betting where a bet is placed on whether the final score of a game will be over or under a certain point total determined by the sportsbook. Unibet offers over/under betting options for various sports, including but not limited to football, basketball, and baseball. In 2021, Unibet’s total revenue was $2.1 billion with a customer base of 15 million people.

 

Betfred

Betfred
Annual Revenue: $821 million (2018)
Number of Employees: 10,000+ (2021)
Number of Retail Locations: 1,600+ (2021)
Online Market Share: 6.5% (2020)

Betfred is a major player in the betting industry, generating an annual revenue of $821 million in 2018. In 2021, the company has a workforce of over 10,000 employees, and operates more than 1,600 retail locations. In the online market, Betfred has a market share of 6.5% as of 2020. For those new to betting, over/under betting is placing a wager on the total number of points or goals scored by both teams in a given game. Betfred offers over/under betting options, as well as a variety of other betting options and promotions to customers.

(References: Betfred Annual Report 2018, Betfred Website, Statista)

 

Matchbook.

Statistic Value Reference
Global online gambling revenue in 2020 $66.7 billion Statista
Projected global online gambling market size in 2023 $92.9 billion Statista
Percentage of online sports betting market accounted for by mobile devices 70% Statista

Matchbook is an online sports betting exchange where users can bet on various sports events, including the Over/Under betting option. Over/Under betting is a type of wager where bettors predict whether the total score of a given game or event will be higher or lower than a specific number set by the bookmaker. The popularity of online sports betting is growing rapidly, with the global online gambling revenue reaching $66.7 billion in 2020. This figure is expected to increase to $92.9 billion by 2023. Mobile devices also play a significant role in the industry, as around 70% of the online sports betting market is accounted for by mobile devices.

 

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