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What does under 1.5 mean in betting?

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In handicap betting, if you place a bet, for example over 1.5 goals to be scored, this means that there needs to be 2 or more goals scored in the game. The 0.5 is simply to remove the draw/tie as a possibility. The same goes for under. If you bet on under 1.5 this means that only 1 goal can be scored.
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