First of all, what does the over under mean in betting? It is an interesting concept in betting. The over under is a betting amount that is less than what is called the over or under in betting. If you are playing at the track and you are betting one hundred dollars on a favorite then you would be playing under the over under. You might also hear the terms under bet and over bet used in the same sentence, which is not true though.
If the race you are betting on is an exacta bet then it means that you are betting the exact amount as the spot price. The term exacta means the exact amount will be paid, or the exact amount will be taken. So if the over is under ten dollars then you would be expected to pay the over.
In many ways that is very similar to spread betting but there are a few differences. For one you are not limited to only a single horse. You can pick two or three or more, but they must all win. This is also a better way to bet because if you are correct on one horse then the odds are heavily stacked against you on the next one and so forth, meaning that you have a better chance of picking a winner.
So what does the over actually mean in betting? Well, when you are betting under the over you are betting that the horse you picked will come in first place. You want to make sure that you are using the exact same odds as you would if you were betting over the top or if you were betting under the money line. Therefore, if you are talking about the same horses as you would if you were betting over the top, then you are doing the exact same thing as if you were betting under the money line. Here are the tips for betting according to the over or under.
If you are betting under the money line then you are going to get the best chances of picking a winner if you are correct on just one horse. However, there is still a chance that you will miss. Therefore, you do not want to bet just one horse and hope for the best. You should get at least two winners, three if you are lucky and four if you are very careful.
If you are betting over the top, which is a lot of fun, then it is very easy to go wrong. If you pick just one horse, say a runner up, and that horse wins, you will be very disappointed because you paid very much for that win. Therefore, if you can afford to lose a little bit more, you will be better off. Of course, this also means that if you get lucky and your pick wins, then you have a lot of money riding on it.
So, what does the over under mean in betting? It means that if you have picked two horses that both beat their odds, then you would win even if you lost on the other horse. It does not matter if the other one was a long shot or an easy pick. The over means that you have bet the same amount as the over (not counting the money that you have won) and that is all you need. So, if you have picked two tickets that both cost eight or nine dollars, then you are still betting with the same value.
Therefore, if you want to make money betting on horses, you need to know what does the over under mean in betting. This will help you figure out how much to bet, how many tickets you should pick and when to stand down. Sometimes, the horse may win and come in very close, but it can be a long shot. Then, you need to know when to stop and take your profit because sometimes you can end up losing more than what you have put in.