Many inexperienced players, or those who are new to sports betting, may find themselves looking at the available markets and asking, what is a 1X2 bet?
Well, 1X2 betting is mostly popular in football and involves betting on the outcome in a match with three possible outcomes i.e. home win, away win and draw.
This market is also known as Full Time Result, Match Bet or Three Way Bet.
How Does 1X2 Betting Work at SBOBET?
If you’re still confused, here’s a more detailed explanation and includes an example.
Basically, the three results of a match between two teams are link sbobet mobile represented by 1, 2, or X. This means 1 is for a home win, 2 is for an away win, and X is for a draw.
Using odds from Betting , let’s use the curtain lifter scheduled for the 2017/18 Premier League season between Arsenal and Leicester as an example .
In the Full Time Results market, Arsenal are represented by 1 as they are the home team. Leicester are an away team, so represented by 2, and the draw is X. Looking at the odds, you can see that Arsenal are favorites at 1.36. Leicester are the outsiders, at 8.50 odds, and the draw is priced at 4.75.
This means, using a bet of 100, that the bet to win will pay out 136 if they win. Leicester to win is a possible return of 850, while the draw will pay out 475 if the match finishes level.
1X2 betting is sometimes also available in handicap betting, as long as there is a possibility of a draw.
Combining Two of the Three Possible Outcomes
It is possible to combine two of the three possible outcomes, using the Double Chance bet.
With this market, you can choose to bet on 1X, X2, or 12. This basically means win at home or draw, draw or win away, and win home or win away.
By combining the two outcomes you have a greater chance of winning your bet even if it is for lower odds than in normal 1X2 markets.
Using the match above, Arsenal v Leicester, let’s look at the difference in possible returns.
1X (Arsenal or Draw) – 1,083 odds. Possible return 108.30 for 100 shares
X2 (Draw or Leicester) – Odds 3.20. Possible returns 320
12 (Arsenal or Leicester) – Chance 1.20. Chance of return 120
Using our betting calculator, you can determine whether it is more profitable to combine two of the three possible outcomes using the double chance option or in the normal 1X2 market.
Other Sports Using 1X2 Betting
Football is the obvious, and most popular, sport that uses the 1X2 betting market, but it is not the only one.
In fact, many bookmakers will offer this market on any team sport that has a possible outcome of a home win, away win, or draw. Because of this, sports like cricket, rugby and even hockey are becoming increasingly popular among punters who use 1X2 betting.