This guide will introduce you to over/under betting basics, payouts, and our favorite over under betting Maryland sportsbooks. Just keep in mind that we will use the terms over/under betting and totals betting throughout the guide, but they mean the same thing. Let’s get started with the basics of under/over bets.
- Placing Total Bets in MD
- Best sportsbooks for over under betting MD 2022
- Best sportsbooks in Maryland for Over Under bets
- An overview of Over/Under Betting in Maryland
- Pros and cons of Total bets in Maryland
- FAQ’s About Over Under Betting Maryland
Placing Total Bets in MD
Whether you prefer to cheer on your favorite Maryland sports team from your couch, at the local bar, or in a sold-out stadium, your focus is typically on the win. As a result, wagering who will win the match, game, or fight is the most popular form of sports betting.
However, there’s another method of online gambling that’s also quite popular and incredibly exciting yet has nothing to do with who wins the game. Hello, over/under betting. We can’t get enough of you.
While over/under betting in Maryland are pretty simple to understand, that doesn’t mean you won’t need to do your homework. While this guide hopefully helps you become an expert on totals betting, you always need to put in the work to make sure you place strategic bets.
Best sportsbooks for over under betting MD 2022
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Best sportsbooks in Maryland for Over Under bets
You are ready to make a wager but have the following question: What is the best sportsbook in Maryland for over/under bets? Then, check out our top five picks in this next section.
FanDuel Over Unders
FanDuel, established in 2009, is one of the biggest sportsbooks in the industry, with extensive experience in all betting styles, including totals bets. It makes our list of the top over/under Maryland sportsbooks because it’s a DFS kingpin that knows what it’s doing.
The first over/under wager you make with FanDuel is risk-free (up to $1,000). After that, that goes for any bet you want to make. This is a major perk – if you lose your first totals bet, Fanduel will refund you in site credit.
You will just need to create a FanDuel Maryland account, deposit cash, and place an over-under bet. That’s it. Oh – and you don’t have to worry about this first bet because FanDuel has your back with a risk-free $1,000 promotion. Fingers crossed, you win, however.
BetMGM Over/Under Betting
BetMGM is another big player in the world of sports betting. Established in 2018, BetMGM offers over/under betting in Maryland and plenty of other options.
If BetMGM is calling your name, you can place a risk-free bet of up to $600 as a new customer. As with other sites, you will get your money back as site credit if your bet loses.
First, you create an account and make a deposit. BetMGM is available online at BetMGM.com, and you can download the BetMGM Sportsbook app on the iOS or Android app store. That’s it – you are ready to place your first over/under bet in Maryland. All risk-free!
PointsBet, founded in 2017 in Australia, is a massive betting operator. It’s made its way to the states, and it is one of our tops over/under sportsbooks in Maryland today.
PointsBet offers a unique take on over/under wagers, called Points Betting, where you bet over or under totals. However, wins and losses remain variable until the end of the sports event, and the payout is based on how many points over or under the totals line you predicted the game would be (20 points over or 20 points under, for example).
Here’s how it works:
- You bet on how many units (points) will be over or under a predetermined amount (set by the sportsbook). This could be the final total units (points) of a game, match, fight, etc., or the total occurrences of a specific action, such as rushing yards.
- Your entire bet is based on how many units you think will be over or under the sportsbook’s amount.
- Example One: Your bet wins by one unit. That means you win 1x the bet amount. If you lost, you lose 1x the bet amount.
- Example Two: Your bet wins by five units. That means you win 5x the bet amount. If you lost the bet, you lose 5x the bet amount.
- The higher the number, the higher the stake.
Interested? As a new PointsBet customer, you receive not one but two risk-free bets up to $2,000. If your first fixed odds bet loses, you get up to $500 back. If you lose your first PointsBetting wager, you get up to $1,500 back.
You simply create an account, make a deposit, and place your totals bet.
DraftKings Over Unders
DraftKings is another huge name in daily fantasy sports. In fact, it’s one of the biggest players in Maryland next to FanDuel. If you are new to DraftKings in Maryland, you can receive a $50 free bet when you make your first deposit. There’s also a deposit bonus of up to $1,000.
You must create a DraftKings Maryland account and deposit a minimum of $5. You instantly get $20 in free play. Then place your over/under bet!
Barstool Sports Over/Under
Originally a sports blog, Barstool launched as an online sportsbook in 2007 and has become a popular choice for those looking to place over/under, parlay, straight bets, and more.
New Maryland Barstool customers can place their first bet risk-free. Barstool will refund a losing bet (up to $1,000) in sportsbook bonus cash equal to the amount wagered.
So, how do you get started? As with the other sportsbooks, you will need to create an account and deposit money. Then place a bet and hopefully win some cash. If not – don’t worry, as you will get site credit in the amount of the bet made.
An overview of Over/Under Betting in Maryland
With an over/under (totals) bet, a bettor’s only concern is whether the total score will be over or under a sportsbook’s set line.
This popular method of Maryland online sports betting is based on the combined number of points scored by two teams. Bettors can also wager on specific occurrences, such as the total games in a tennis match, total rushing yards in a football game, or total rounds in a fight.
In over/under betting, bettors are not predicting who the winner will be or the exact final score. Instead, bettors wager that the final score will be higher or lower than a stat-based sportsbook prediction.
This type of betting is available in Maryland for most professional sports, such as basketball, football, boxing, hockey, or baseball.
Over Under Examples
Let’s look at an example: the San Francisco 49ers vs. the Baltimore Ravens in Super Bowl XLVII.
- Sportsbooks set the totals line at 48. They predicted that at the end of the game, the two teams would have a combined score equaling 48.
- Bettors wagered on the outcome being higher (over) or lower (under) than the total line of 48 set by the sportsbook.
- The Ravens ended up winning 34-31. That makes the final combined score 65.
- Those who bet over (the total score would add up to more than 48 points) saw green. The final total of 65 is more than 48.
- Those who bet under (the total score would add up to less than 48 points) were out of luck. The total would have had to be less than 48 for under bettors to win.
- If the combined score ended up being 48, the sportsbook would void all bets and refund the bettors’ money.
It’s important to note that bettors weren’t wagering on a winner or loser. As you can see, the total number of points scored is the only thing bettors are worried about in an over/under bet.
Over/under bets can get a bit tricky, though. For example, boxing is scored differently than most major sports, so an over/under bet can also be a proposition bet. You can bet on one specific occurrence, such as a knockout or the fight going the distance.
Let’s say a Maryland sportsbook predicts a fight will last 8.5 rounds.
- Over (-110)
- Under (-110)
In the 9th round, there’s a technical knockout. If you bet over, you won the cash. But if the match ended before the 8th round, the under bettors would have been celebrating.
To sum it all up
You might be wondering if the final score matches the line predicted. For example, a sportsbook sets the line at 36, and the total ends up matching exactly at 36. In this case, there is a tie, also referred to as a push. As a result, the bet is void, and you receive a refund.
That’s it when it comes to over/under bets. It’s simply predicting whether a total score or occurrence is over or under the line set by a sportsbook.
Over/Under payouts in Maryland
Not only are over/under bets fun, exciting, and easy to understand, it’s also relatively simple when it comes to payouts.
One of the best ways to explain how payouts work in over/under bets, we classified the sports as either low-scoring or high-scoring:
When you think of a low-scoring sport, baseball, soccer, or hockey might come to mind. However, since moving the totals line would be a drastic change for a sportsbook to make, they will usually shift the payout amounts and keep the line the same.
What’s the sportsbook’s goal here? They want to ensure the betting action stays equal on both sides. Remember, they are a business looking to make a profit.
Let’s look at an MLB example. A sportsbook sets the over/under line for the Baltimore Orioles vs. the Minnesota Twins at 5.5 runs. Unfortunately, it’s looking like the total is going to end up higher than 5.5, so the sportsbook decides to shift the payouts to encourage more bettors to choose under.
The sportsbook keeps the totals line the same, but they shift the payouts:
- Over 5.5: +120
- Under 5.5: -150
This means that the sportsbook will pay you at a rate of +120 for correct over bets and -150 for correct under bets. Say you bet $100. Here’s how that would work:
- The total number of runs is under 8.5. You correctly betted under. You make a profit of $66.67
- The total number of runs is over 8.5. You correctly betted over. You make a profit of $120.00.
Higher scoring sports typically end up with totals in double or triple digits. They include sports like basketball or football. Typically sportsbooks payout at -110. This means that you will make $100 on a $110 winning over or under bet.
If a sportsbook thinks that there is too much action on one side, they will likely move the line instead of shifting the payout (as mentioned in low-scoring sports).
That means that if a sportsbook sets the totals line at 49.5 for a Baltimore Ravens vs. New England Patriots game, but all bets coming in are under, the sportsbook will move the line to help the “over” side see more action.
You are now risking a bit more when betting on the “under” side.
Before we move on to the best sportsbooks in Maryland, let’s take a look at a few additional tips:
- Sportsbooks typically use half numbers (.5) in over/under betting to prevent a “push,” otherwise known as a tie.
- Odds are typically the same for both over and under-bets.
- The totals line or payout set by the sportsbook can shift if one side is getting more action than the other.
- All sportsbooks charge you a processing and handling fee.
How do I make an Over/Under bet?
Placing an over/under bet is a simple process on almost every sportsbook site.
- Head to the specific sport you would like to bet on.
- Select the over or under option in the game module.
- Navigate to the bet slip, which can be found on the right-hand side of the page, or if you are on your phone, you should see it pop up automatically.
- To place your totals bet, you will need to log in. Done!
Pros and cons of Total bets in Maryland
Over/under betting clearly has benefits, as you’ve hopefully noticed throughout this guide. However, it’s always important to closely examine the pros and cons of betting on sports so that you can make the best decision for yourself.
Pros of Totals bets (Over/Under) in Maryland
- Easy to learn: Totals betting is simple. You are betting on whether the final score will be over or under a predicted amount. That’s it. (Although don’t forget you can bet on specific occurrences, but that’s just over or under a predetermined amount as well).
- Flexibility: Over/under betting in Maryland allows you to forget who the winner or loser might be and focus on how the game will go. That sounds like you might be able to predict the winner, but that’s not really the case. You are just making an educated guess as to the total number of points that might be scored and deciding if that number is over or under what a sportsbook predicted.
- Win or lose (NO Draw): There’s no satisfaction when a team ties, right? In over/under betting, nothing happens if the final total ends up matching the predicted total. The bet is void, and no one makes money. Or loses money.
Cons of Totals bets (Over/Under) in Maryland
- We’ve mentioned multiple times that Maryland sportsbooks can shift their predictions to make sure that the odds are balanced. That means you have to pay attention and understand the right time to place a total bet.
FAQ’s About Over Under Betting Maryland
The vast majority of licensed sportsbooks in Maryland offer their members to place Over / Under Bets or Totals as they are also sometimes called.
Over/Under betting in Maryland is also called a Totals bet sometimes. The total score in any given sporting event is combined. And as a bettor you would need to choose if the total number of points scored by both teams will be over or under this total combined score.
More often than never is the overtime included when Over/Under bets are placed. Unless specified by the betting site or sportsbook.
If the end score equals the Over/Under betting total, the bet is then branded as a push and all wagers are returned to each bettor.