What is "over/under"? Is that related to "spread"?

[Amelia]

I read this somewhere. It was written in advance of this weekend's Packers/Rams match up where the final score was 24-3.

"The Packers are favored by 15 points and the over/under is 47 1/2 points."


How would/did people bet on that game? Obviously the Packers were predicted to win so I understand that predictions would be adjusted and the question would be whether the Packers won by enough. So did they win by enough for people to make money off of their win?



Examples and explanations with numbers would be welcome. Thanks!

 

[Rocko]

If the over under is 10, then you can bet the 2 teams are going to accumulate more or less than 10 combined points, over 10 or under 10.

Spread is for example a team is favorite by 3 points, so its a three point spread.

Word of advice, don't do it , save ur money lol.

 

[Amelia]

lol.

Thanks for the advice.

 

[martybegan]

All concepts such as the over under and the spread are designed to make the bet a 50/50 proposition, if calculated correctly. At that point the bookmaker (bdssdsdet taker) is only supposed to earn his vigourish, which is a 10% cost on a losing bet.

Both are seperate bets, but both are related to how certain people, who know way more about football than the average person, expect the game to be played.