Terms and Descriptions

Opening Line

The odds shown at the start of a match.

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Over / Under

Also known as a totals bet. A popular odd where the bettor predicts whether the final score of a match will be over or under the projected total.

Overlay

When the odds favor the bettor rather than the house.

Over

An odd where the bettor is betting above the projected total

Out

A location bettors can place a bet at.

Off the Board (OTB)

A game that has been called off and sportsbooks are no longer accepting bets for.

Oddsmaker

An individual who sets the sports betting odds.

Odds-on Favorite

A heavyily favorited team that has a price higher than even money.