In an over/under market the bookmaker sets a total line (e.g., 45.5 points) and offers separate odds for the “Over” and “Under” outcomes. Bettors choose which side they think the final result will fall on, and the odds reflect the bookmakerβs assessment of the likelihood of each side.
Each set of decimal odds can be converted to an implied probability by taking the reciprocal (1 Γ· odds). This probability tells you how often the outcome would need to occur for a bet at those odds to break even in the long run.
When the two sides share the same stake pool, the breakβeven win percentage for the Over side is the proportion of total bets that must be placed on Over for the bookmaker to make no profit. It is calculated by comparing the implied probabilities of both sides.
How do I calculate implied probability from decimal odds?
What does 'over' and 'under' mean in sports betting?
How do I use this calculator for my bets?
Can I use this calculator for other types of over/under bets?
What does it mean if the implied probabilities add up to more than 100%?
How can I use this information to make better bets?
Is there a limit to how many times I can use this calculator?
Results are for informational purposes only and do not constitute professional advice.
