What is O/U? This type of bet may still be unfamiliar to football tips betting players. Wintips will share the definition of O/U and some information that you should know.
Understanding O/U
The definition of O/U, in English, can be understood as Over - Under, which is the total number of goals that both teams will score. You just need to bet on the Over or Under based on analysis, prediction, and the bookmaker's assessment of the specific total number of goals.
For O/U bets, predictions are made for the 90 minutes and injury time; goals scored during extra time are not considered. O/U bets can be applied to the first half, second half, and the entire match.
Over (Over): Predict that the total goals scored by both teams will be higher than the number set by the bookmaker. You win if the final result matches your prediction.
Under (Under): Predict that the total goals scored by both teams will be lower than the number set by the bookmaker. You win if the final result matches your prediction.
Draw (Push): Predict that the total goals scored by both teams will be equal to the number set by the bookmaker. All participants will receive a refund.
Apart from total goals, other O/U bets include Penalty, Over/Under Yellow Card, Over/Under Corner Kick, etc.
Calculating Winnings
Calculating winnings in football betting with the O/U type of bet is similar to Asian Handicap: Win Both, Lose Both, Win Half, Lose Half. You can apply it as follows:
Win Both:
If you win the entire match, the winnings received by the player will be:
Winnings = Original bet amount x Win odds
Win Half:
The amount will be calculated by the formula:
Winnings = (Bet odds x Bet amount) / 2
Lose Both:
If you know what O/U is, you wouldn’t want to lose, but in games, there will always be winners and losers, so you will lose the entire bet amount.
Loss amount = Bet amount
Lose Half:
Besides losing all, there’s also losing half, calculated as:
Loss amount = (Bet amount x Odds) / 2
It's important to understand these formulas to accurately calculate the odds set by bookmakers to avoid unfair losses.
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Should we participate in O/U bets? As you may already know what O/U is, there are various bets in online football betting such as Asian handicap, European handicap, and more. You might notice that O/U bets have distinct characteristics compared to other bets. The essence of O/U betting doesn't depend on which team wins or loses or even on predicting the match's score. Instead, it revolves around the total number of goals scored by both teams in the match. Additionally, unlike other bets where losing means losing money, with O/U bets, if you match the number set by the bookmaker, you'll secure a win. Therefore, is it still worthwhile for us to engage in this type of bet?
Reading O/U Bets
Once you understand what O/U is, below is how you can interpret these bets. There are different types of O/U bets available:
O/U 0
This is a straightforward bet. If the match ends without any goals scored by either team, those who bet "Under" win while those who bet "Over" lose.
O/U 1
When choosing this bet:
If the total number of goals scored is more than 1, "Over" wins.
If the total number of goals scored is less than 1, "Under" wins.
If the total number of goals scored is exactly 1, the bet is refunded.
O/U 1.25
For this bet:
If the total number of goals scored is 1, "Under" wins half and "Over" loses half.
If the total number of goals scored is less than 1, "Under" wins.
If the total number of goals scored is more than 1, "Over" wins.
O/U 1.5
If the match ends with a score of 0-0, 1-0, or 0-1, "Under" wins, and "Over" loses.
If the match has a score of 2 or more, "Over" wins, and "Under" loses.
O/U 2
In this bet:
If the total number of goals scored is exactly 2, the bet is refunded.
If the total number of goals scored is more than 2, "Over" wins.
If the total number of goals scored is less than 2, "Under" wins.
The above information explains what O/U is and some tips for soccer tips website relevant details. Hopefully, this provides useful information and best wishes for success in your participation in this betting game.