Many novice gamblers or those who are just starting out in the world of sports betting could find themselves perusing the various betting markets and wondering, “What exactly is 1X2 betting?”
Bets on the result of a match with three potential outcomes, namely a victory for the home team, a win for the away team, or a draw, are placed using the 1X2 betting format, which is most common in the sport of football w88boleh.
There are a few other names for this market, including Full Time Result, Match Betting, and Three-Way Bet.
How Does a Bet That Pays 1 to 2 Work?
In the event that your questions have not been answered, the following is a more in-depth explanation along with an illustration.
In their most basic forms, the three possible outcomes of a match played between two teams are denoted by the numerals 1, 2, and X. This indicates that 1 is for a victory at home, 2 is for a win on the road, and X is for a draw.
As an example, let’s have a look at the odds from Bet 365 for the first match of the 2017–18 Premier League season, which is set to be played between Arsenal and Leicester.
Due to the fact that they are playing at home, Arsenal are given the number one in the market for the result at full time. Since Leicester is playing away from home, they are denoted by the number 2, while X stands for the draw. If you take a look at the odds, you’ll see that Arsenal is the favourite with 1.36 odds. The odds are 8.50 for Leicester to win, and 4.75 for a draw. The draw is the underdog in this matchup.
This indicates that a wager placed on Arsenal to win would return 136 times the original investment of 100 if the team was successful. If Leicester were to come out on top and win the match, the potential payout would be 850 points, while a draw would result in 475 points.
The W88 1X2 bet is often also available in handicap betting, so long as there is a chance of a draw occurring in the game being wagered on.
Combining Two of the Three Different Outcomes That Could Happen
With a Double Chance wager, you have the opportunity to combine two of the three different outcomes that are a possibility.
You have the option of betting on either 1X, X2, or 12 in this market. This generally translates into either a home win or a tie, an away draw or a win for the home team, and a home win or a victory for the away team.
You have a better chance of winning your wager if you combine two different outcomes, despite the fact that the odds will be lower than they would be in a standard 1X2 market.
Let’s look at the difference in potential return using the match we discussed before between Arsenal and Leicester.
Odds of 1.083 for the 1X bet, which is Arsenal or a draw. A potential return of 108.30 for an investment of 100.
Odds are 3.20 for the X2 bet, which is “Draw or Leicester.” The possibility that 320 will come back
Odds of 1.20 for the selection 12 (Arsenal or Leicester), with a potential return of 120.
You may determine, with the help of our bet calculator, whether it would be more beneficial for you to combine two of the three potential outcomes by utilising the double chance option or by betting on the conventional 1X2 market.
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Other Sports That Use the 1X2 Betting Market Although football is the most apparent and well-known sport that utilises the 1X2 betting market, it is not the only sport that does so.
In point of fact, the majority of bookmakers will provide this market on any team sport that offers the potential outcomes of a victory at home, a win away, or a tie. As a result of this, bettors who employ 1X2 wagering are showing a growing interest in sports like cricket, rugby, and even hockey.