Over/under 1.5 goals is a popular betting market that covers the total number of goals in a match for both teams. The over/under 1.5 goals market is part of a wide selection of over/under markets which include over/under 0.5, 2.5, 3.5, 4.5, etc.
All of these over/under markets have the .5 decimal as there is no possibility for a draw or refund. It is a two-way market, and you either win or lose your bet.
Over 1.5 goals in a match mean that 2 or more goals are required to win the bet, and 0 or 1 goal means the bet loses. The over 1.5 goals market applies to 90-minute matches (plus additional time) but does not include extra time.
For example, an over 1.5 goals bet will win if a match finishes 1-1, 2-1, 2-2, 3-2, and so on.
But, the bet will lose if a match finishes 0-0 or 1-0 to either team.
The same applies to under 1.5 goals, 2 or more goals and you lose, but 0 or 1 goal means you win. Also, the under 0.5 goals betting market covers 90-minute games plus additional time but does not include extra time.