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What does the vig mean in gambling

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Let’s look at the betting total from Super Bowl LIV as an example of how to read Over/Under odds. Over/Under betting is found in almost all sports, including the NFL, college football, NBA, MLB, and NCAA basketball. Total bets are simply based on the number of points scored, without any link to the outcome of the game. Over/Under betting, or totals betting, is one of the most popular options for sports bettors along with the point spread and moneyline.

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