Total Wager
Feyorra will distribute 40% of the initial supply via Wager Mining. Users get rewarded with placing bets at FaucetPay.io games and on our upcoming project. Every $1 equivalent in any cryptocurrency which is available on the games mines 0.07 FEY added to your wallet every 3 hours. There are over 400,000,000 FEY tokens to be distributed. A Points Betting wager allows a bettor to win or lose based on the outcome of the wager. The excitement of not knowing the potential amount of a win (or loss) can be exhilarating. Whether the wager is based on a point spread, total, or player prop, the wager isn’t known until the end of the game. It’s called the “Grand Salami”, and it allows bettors to wager on the total number of goals scored during one night of action in the NHL. The vast majority of totals bets in the NHL are 5.5 (over/under), so sportsbooks will usually multiply 5.5 against the number of games in the NHL that night.
Date/Time:, 20:00 EDT Spread: New Orleans Pelicans -5.5 Total: +237 The Pelicans have a 15-19 record (15-19 ATS, 25-9 O/U) and are 11th in the West. In their last game they snapped a two-game losing streak end by defeating Utah at home by 129-124, beating the odds. Over 237 is 8-3 in their last. Flipping the total to be accurate for betting on NBA lines, the mark for this over/under total example has been set at 202.5 points. This is the combined point total for both teams in the matchup. The wager is made on the actual total from the game going over or under the installed line. Here, 203 points or more is needed for the over to win.
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When betting totals, you are no longer pledging your allegiance to one team. It doesn’t matter who wins the game or by how much, the only aspect of the game you are concerned with is the total score.
Bookmakers will set a projected number of points to be scored in the game, then you decide whether the actual number of points scored will be more (over) or less (under) than the total they set.
Totals Betting: A Case Study Explained
In the following game, the bookmakers have set the total points (to be scored in the game) at 219. The number appears twice to give you the odds for picking both “over” and “under.”
(Focus on the “Total” column. Pay no mind to all the other noise.)
So, if you believe that the scores of both Cleveland and Boston will combine to equal more than 219 points, you’ll want to bet on “the over.” If you believe it will be a defensive game with fewer than 219 total points scored, you’ll definitely want to bet on “the under.”
We’ve used an NBA line in our example, but totals bets are available on any sport that involves point totals.
How Do Payouts on Totals Betting Work?
In our example, you’ll notice that the odds corresponding to both the over and under have -115 and -110 next to them. Just like the moneyline, the odds attached to the over and the under indicate the prospective payout.
The odds attached to the over and the under indicate the prospective payout.
In the above example, it’s impossible to double your money by betting on either the over or the under. This is a relatively common practice on over/unders, as sportsbooks usually decide that there is an equitable probability of the point total moving in either direction. However, this is far from being set in stone.
Regardless of the sport, if there are two notoriously high-scoring teams with shoddy defenses, you may see your sportsbook assign the over as the favorite. Similarly, if both teams’ scoring is known to be lower than average, you might see the favorite gravitate heavily towards the under.
It might not seem entirely fair (or reasonable) that you have to bet $110 in order to win $100, especially when your sportsbook is telling you that there’s a 50/50 probability of either outcome.
This is simply part and parcel of using an online sports betting site. The 10% vig (or “juice”) is how sportsbooks stay afloat and profitable. It’s a price you’ll often have to pay just to bet on the spread.
A Bonus of Totals Betting: The Grand Salami
If you’re betting on the NHL, most sportsbooks offer a slight variation on available totals betting. It’s called the “Grand Salami”, and it allows bettors to wager on the total number of goals scored during one night of action in the NHL.
The vast majority of totals bets in the NHL are 5.5 (over/under), so sportsbooks will usually multiply 5.5 against the number of games in the NHL that night. Whatever (5.5 x (number of games on the schedule) is, this will be the Grand Salami.
For example, if there were two games on the NHL schedule, Pittsburgh vs. New York and Vancouver vs. Edmonton, the Grand Salami would likely be listed around 11 (-110) over and 11 (-110) under.
If Pittsburgh vs. New York ended at 3-1, and Edmonton vs. Vancouver ended at 4-1, the total number of goals on the night would 9. If you selected an under on the Grand Salami, your bet would be a winner.
Conversely, if Pittsburgh vs. New York ended at 6-5, and Vancouver vs. Edmonton was 4-2, the total goal scored on the night would be 17. As such, bettors who selected the over on the Grand Salami would be successful.
What is a Total or Over/Under Bet?
Total Water Polo
A total or over/under bet is a single wager on whether or not the combined goal, point or run total of a single game will be over or under what the oddsmaker sets it at before the event. When placing a total wager, all the bettor is concerned with is the combined score of each team at the end of the game.
Total Water Of Baraboo
Example:
Vikings +7 Over/Under 42
Packers -7
Steve loves the Packers and thinks they will score a lot of points in this game. So, he places a wager on “over 42 total points”. If the combined score of the Packers and the Vikings at the end of the game is greater than 42 total points Steve would win his bet. 41 or less total points would be a loss and 42 exactly would be considered a push or refund.
Most sports books consider the end of regulation time or the point at which a game becomes official as the end of the game unless otherwise stated.