What is O/U? This type of bet might still be unfamiliar to players. The wintips bookmaker will share the definition of O/U and some information you should know right away.
Understanding O/U
O/U, or Over-Under, refers to the total number of goals that both teams will score. Players simply need to bet on the Over or Under based on the analysis, prediction, and assessment of the specific total goals provided by the bookmaker.
Regarding O/U bets, predictions are applied for the full 90 minutes of play and injury time; no goals are considered during extra time. O/U bets are divided into first-half, second-half, and full-match bets.
Over: Players predict that the total goals scored by both teams will exceed the number provided by the best online bookmaker. They win if the final result matches their prediction.
Under: Players predict that the total goals scored by both teams will be less than the number provided by the bookmaker. They win if the final result matches their prediction.
Draw: Players predict that the total goals scored by both teams will be equal to the number provided by the bookmaker. All participants receive winnings if the final result matches their prediction.
In addition to total goals bets, there are other O/U bets such as Penalty, Yellow Card O/U, Corner Kick O/U, etc.
Calculating Winnings
Calculating winnings in O/U football betting is similar to Asian Handicap bets in terms of winning, losing, half-winning, and half-losing outcomes. You can apply the following formulas:
Win: If you win the entire match, your winnings will be calculated as follows:
Winnings = Original bet amount x Odds of winning
Half-Win: The amount won is calculated by the formula:
Winnings = (Odds x Bet amount) / 2
Lose: If you lose, you will lose the entire bet amount.
Winnings lost = Bet amount
Half-Lose: Apart from losing the entire bet, there is also half-loss, calculated as follows:
Winnings lost = (Bet amount x Odds) / 2
It's essential to understand these formulas to accurately calculate the odds provided by the bookmaker to avoid unfair losses.
Should You Participate in O/U Bets?
Now that you know what O/U is, you might wonder whether it's worth participating in. As you've learned, there are different types of bets in online football betting, such as Asian Handicap, European Handicap, etc.
You'll notice that O/U bets have distinct characteristics compared to other bets. They don't rely on which team wins or loses or the exact score of the football match. Instead, they are based on the total number of goals scored by both teams. Moreover, unlike other bets where you lose money if you don't win, with O/U bets, if you tie with the number set by the online betting philippines, you still win. Therefore, this type of bet is still worthwhile for you to participate in, isn't it?
How to Read O/U Odds
After learning what O/U is, here's how you can interpret the odds. There are various types of O/U bets available online, including:
O/U 0 goals: In this scenario, if the match ends with no goals scored by either team, the Under bet wins, and the Over bet loses.
O/U 1 goal: When you choose this bet:
If the total number of goals is more than 1, the Over bet wins.
If the total number of goals is less than 1, the Under bet wins.
If the total number of goals in the match is 1, the bet is refunded.
O/U 1.25 goals: For this bet:
If the total number of goals is exactly 1, half of the bet amount is returned to the Under bettor, and the Over bettor loses half of their bet amount.
If the total number of goals is more than 1, the Over bet wins, and the Under bet loses.
O/U 1.5 goals: In this case:
If the match ends with a score of 0-0, 1-0, or 0-1, the Under bet wins, and the Over bet loses.
If the match ends with a score of 2 or more goals, the Over bet wins, and the Under bet loses.
O/U 2 goals: For this type of bet:
If the total number of goals in the match is exactly 2, all bets are refunded.
If the total number of goals is more than 2, the Over bet wins.
If the total number of goals is less than 2, the Under bet wins.
Above is information about what O/U is and some related information. Hopefully, this provides you with useful information and best wishes for your success in participating in this betting game.