Sportsbook Betting Rules
Review online sports betting rules for betting on sports. The following are specific sports betting rules by sport. NFL and NCAA games are official after 55 minutes of play for wagering purposes. Side and Totals wagers include overtime periods, quarters or extra innings when tabulating the final score. All rules and regulations are subject to revision by MyBookie without prior written notice to MyBookie members.; MyBookie management reserves the right to refuse or limit any bet, or to restrict betting on any event at any time without advance notice. Also review our Sportsbook Rules section and our Wager Limits section. Only one account allowed per person, family, household and IP address. Minimum wager is $1 online. For information on maximum wagers, please see our wager limits. Bet Builder is the only tool you need to check the latest lines, plan your bets, and see how much you’ll win. And you can use it anywhere! Just log on to Bet Builder with your phone or tablet, enter your bets, see what they’ll pay, and receive a QR code. Show your code to a Sportsbook.
Totals wagers are more commonly referred to as an Over/Under bet. The name of the wager is interchangeable and both are used in sportsbooks and in the media. A totals bet is one of the easiest and most popular bets to make in the sportsbook. The only more popular bet is picking winners. Betting totals are available for most major professional sports such as football, basketball, baseball, and hockey.
In most cases, when wagering on a total the bettor is simply choosing whether the total number of points scored by both teams will be over or under the listed total of points to be scored. That’s it. The winner and loser of the game don’t matter in a totals bet. The only thing that matters with this kind of bet is the number of points (runs, goals, etc.) scored.
Free Play Sports Betting
Before a game begins betting over or under the total points scored is usually a -110 wager. Bettors will wager $110 to win $100 for a pre-game totals bet. If bettors wager a lot more on one side of the total, the moneyline might change before the actual point total moves. At a certain point, the sportsbook will reset the total and the moneyline will move back to -110.
How To Play Sports Betting
Here’s an example from the upcoming Chiefs vs. Buccaneers Super Bowl game.
The over/under, or total, for this game is points. Bettors who wager on the Over need the total score to go over that number to win their bet. Anything under that number would be a winner for Under bettors.
If a bettor wagered on a total of 44 and the final score added up to exactly 44 points (24-20, for example) the bet would be a “push” and bets would be refunded.
Like all kinds of sports betting options, totals bets have expanded. Betting a total is no longer only available for pre-game bets. There may be totals available for partial games (quarters or periods), individual teams, and during in-play and live wagering. A partial game total might be a wager on how many points will be scored in a certain time period. Meanwhile, in-play bets could just be an adjusted total for the entire game.
Sports Betting Rules
ALSO READ: 5 Fun Super Bowl prop bets to consider wagering on
Over/under bets
Even though Totals and Over/Under may be used interchangeably for scoring, there’s another way to make Over/Under bets. An Over/Under bet can also be a proposition bet where there’s a wager made on a specific occurrence. A boxing match is a good example since scoring isn’t quite the same as the major sports:
Floyd Mayweather vs. Conor McGregor
The fight will last 9.5 rounds
- Over (-110)
- Under (-110)
Las Vegas Sportsbook Betting Rules
Floyd Mayweather defeated Conor McGregor by technical knockout in the 10th round and over bettors won this wager. Had either fighter won the match earlier the under would have cashed since the result would have happened in the ninth round or sooner.
Sportsbook Betting Help
Today there are Over/Under bets available for a number of sports beyond the major North American sports. Fights often have how many rounds will be complete while auto racing might have the number of laps finished by a driver. The possibilities for Over/Under wagers are prop bets are seemingly only limited by the imagination. Sportsbook operators continue to expand their betting menu with unique bets that include new Totals and Over/Under options.