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Football Betting Line (Question)

Discussion in 'Miami Dolphins Forum' started by PhinFan1968, Jul 19, 2014.

  1. PhinFan1968

    PhinFan1968 To 2020, and BEYOND! Club Member

    I've done a little searching but I can't figure out what the over and under means in the following:

    Miami Dolphins – 2014 Regular Season Win Total
    Over 8 (+110)
    Under 8 (-140)

    I understand what it means for 1 game, but not for a season win projection. Any help please?
     
  2. rdhstlr23

    rdhstlr23 Season Ticket Holder Club Member

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    It's total wins.

    So, if you choose over 8, you're betting that Miami will win more than 8 games.
    If you choose less than 8 (wise bet), you're betting that Miami will win less than 8 games.
     
  3. PhinFan1968

    PhinFan1968 To 2020, and BEYOND! Club Member

    I get the wins part. How about the +/- numbers in brackets?

    And under 8 is a sucker's bet!! :tongue2:
     
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  4. GMJohnson

    GMJohnson New Member

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    A $100 bet on the over will get you $110, a $140 dollar bet on the under will get u $100. Basically they're saying Miami is more likely to go over 8 wins.
     
  5. PhinFan1968

    PhinFan1968 To 2020, and BEYOND! Club Member

    Ahhh OK. So does the fact that 110 is the lower number of the two mean that's what they expect? Or does the + sign mean that? Or are they always married together?
     
  6. GMJohnson

    GMJohnson New Member

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    Wise bet= you're confused.
     
  7. GMJohnson

    GMJohnson New Member

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    It means they're giving better odds/encouraging people to take the under.
     
  8. roy_miami

    roy_miami Well-Known Member

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    I think it means the actual line is more like 7.75 or something.
     
  9. byroan

    byroan Giggity Staff Member Administrator Luxury Box

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    It's the opposite.

    Sent from my Galaxy S3 using Tapatalk
     
  10. PhinFan1968

    PhinFan1968 To 2020, and BEYOND! Club Member

    I'm so confused...

    So if you get $100 they'd go over 8, you'd win $140? And if you bet $100 they'd go under 8, you'd win $110?
     
  11. #1 fan

    #1 fan Well-Known Member

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    If you bet $100 on the over, and the dolphins win more than the 8 games, you win $110 (plus you get the $100 you bet back)

    For the under, if you bet $140 and the dolphins win less than 8 games, you would win $100 (plus you get the $140 you bet back)


    The under is the "favorite"; The over is the "underdog"
     
  12. Limbo

    Limbo Mad Stillz

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    [​IMG]
     
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  13. PhinFan1968

    PhinFan1968 To 2020, and BEYOND! Club Member

    Got it...thanks much.
     
    #1 fan likes this.
  14. GMJohnson

    GMJohnson New Member

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    Um, no. The ROI is higher for the under bet, meaning the under bet is the "underdog". You're basically saying the casinos are offering bigger rewards to the people who are betting on the most likely outcome, Id love it if true, but it's never gonna happen.
     
  15. GMJohnson

    GMJohnson New Member

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    Lol he's tryna confuse you.

    The "favorite" is always the side that brings in the lesser ROI, the underdog is the less likely outcome, thus the higher ROI. A correct $100 bet on the over will get you about $190, while a correct $100 bet on the under will get you $240, minus the juice.

    The under 8 wins is the "underdog" by a pretty wide margin.
     
  16. Fin-Omenal

    Fin-Omenal Initiated

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    Huh?

    Vegas is saying Miami under 8 wins is the higher probability.

    It costs you 140 to try and win 100 if u bet on the Under, it costs you 90 to win 100 if u take the Over. You can't count what u wager as ROI. The over is the underdog.
     
  17. GMJohnson

    GMJohnson New Member

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    Yeah I just reread the OP, you're right, my bad people. The dislexia kicked in and I thought I saw +140 on the under instead of -140.
     
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  18. Fin-Omenal

    Fin-Omenal Initiated

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    No worries, if they put out +110 and +140 life would be good for me. No way I could lose.
     
  19. finwin

    finwin Active Member

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    Vegas is saying that mostly likely Miami wins less than 8 games so if you bet $100 they will only pay you $60 if you win thus the -140. If Miami goes over 8 wins the plus sign means they add to your bet so if you bet $100 they will pay you $110 thus the +110. So basically Miami is an underdog to win over 8 games.
     
  20. ckparrothead

    ckparrothead Draft Forum Moderator Luxury Box

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    Bovada has them now at -145 Under. And 5dimes has Miami at +130 Over/-150 Under.

    Essentially they're regretting setting the initial win total at 8.0 instead of 7.5, most likely because of the Pouncey injury, and they're choosing to change the odds instead of the actual over/under because they don't want to get sided or middled.

    In all likelihood teams like St. Louis (-155 Over), Arizona (-150 Over) and Houston (-150 Over) have higher projected win totals in their equations, but the win total for those three are stuck a half a win short of Miami's because they don't want to get sided or middled by gamblers. This is probably one reason you see Super Bowl and Playoff odds consistently rank Miami in the #24 to #26 range.
     
  21. ckparrothead

    ckparrothead Draft Forum Moderator Luxury Box

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    Bovada caved. They moved the 8.0 (Under -165) win total down to 7.5 (Under -125). Too much action on the under, and the new models weren't supporting the original prediction.

    With the new odds they rank #23 in NFL win totals. They still tie at #24 to #26 in both playoffs likelihood, and Super Bowl likelihood.
     

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