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Are you baffled when announcers at the end of a game make a sly joke about the over/under? Here's what you need to know to get started. . If the Giants lose by 6 or fewer, or win outright, you win. Over/under (or "total"): This is probably the second-most familiar bet, and it's a common one for all team sports, or even for how many rounds a boxing or MMA fight will go. If you bet over 8. 5 on the St. Easy, right? You'll see it offered for sports that have a point spread, too. There's always a catch.

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