1x2 Odds Explained

  

Typical odds for a match between Manchester City and Manchester United at the Etihad Stadium would be as follows, Manchester City evens (2.00), draw 5/2 (3.50), and Manchester United 11/4 (3.75). If you saw these odds on a 1X2 betting coupon, they would look something like 1 – 2.00, X – 3.50, and 2 – 3.75. 1X2 bets are hugely popular and a simple way of betting on sports where there is the possibility of a draw. The 1 refers to a home win, the X the draw and the 2 the away win. Unlike Asian handicaps or totals, 1X2 betting doesn’t seek to even out any difference in perceived quality between the teams or players. Betting Odds Explained. Probability = 1/1.76 x 100 = 56.818%. Probability = 1/2.64 x 100 = 37.879%. As you can see in these two examples, calculating probability from the odds is simple. Now that you know how to convert odds into probabilities, it’s time to understand how the bookmakers protect. Fractional odds explained. Fractional odds tell us how much we stand to win in relation to our stake. The number on the left is the amount we stand to win if we stake the amount on the right. So, if we bet £1.00 on England to win the World Cup at odds of 9/1, we’ll win £9.00.

The 1X2 bet, also known as match betting, full time betting or three-way betting, is a popular bet in soccer and is also found in other sports where a draw is a possible outcome. 1X2 may seem like a strange name for this bet, which can cause some confusion at first, but if you have bet on sports before then you have more than likely seen this betting option in action.

1x2 Odds Explained Meaning

The 1X2 stands for the three outcomes possible in a game. The 1 is for an away team win, the X for a draw and the 2 for a home team win. The 1X2 markets do not provide any form of handicap, but instead the odds shown indicate the chances of each outcome occurring.

1X2 Bet Example

Here is an example of a 1X2 bet on an Premier League match from BetOnline.ag.

(1) Liverpool -208
(X) Draw +320
(2) Everton +290

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As you can see a 1X2 bet is exactly the same as a typical moneyline wager with 3 possible outcomes. In this example Liverpool is a big favorite to win the game, while Everton is a big underdog.

1X2 Odds

Online sportsbooks will also offer double chance bets or no draw bets that reduce the number of possible outcomes from 3 down to 2. It is important that you perform calculations to find out if you will receive a higher return splitting your total wager among the 1X2 betting options or placing the double chance or no draw bets. Check out those pages to see the calculations.

1X2 Sports

As mentioned before 1X2 bets can be found for any sport that has three possible outcomes (home win, draw, away win). Soccer is the most popular sport for 1X2 betting, but other sports where this 1X2 bets are available include hockey and rugby among others.

The 1X2 bet is the most common form of wagering option that there is in football betting. It can be referred to as Match Outrights or 90 Minutes markets as well. It is simply one prediction made on the outcome of a fixture which has three potential outcomes in it. It’s not exclusive to football though, any sport which has three outcomes in a game, will have the option of a 1X2 bet.

What is a 1X2 bet?

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For a soccer match, there are three potential outcomes that could happen. There is either going to be a home win, an away win or the draw. That’s it, so a 1X2 bet refers to that. The numbers just represent an outcome:

1 represents a Home win
X represents a Draw
2 represents an Away win

How does a 1X2 bet work?

You will see a fixed-odds price attached to each of the three options in a 1X2 market for a game. These are representative of the probabilities that the bookmaker has assigned to each of the likely outcomes. For example, if the away side is at 2/1 then 2/1 odds means that the bookmaker has an implied probability of 33% on the Away win happening.

You take which one of the three outcomes in a 1X2 bet that you like and place a single stake against it. If that outcome occurs, your bet wins. Remember though that you always have two opposing potential outcomes to your selected one. That’s the risk.

A winning example of a 1X2 bet in Football

As an example of a 1X2 bet in football, it is the World Cup Final between Brazil and England. The bookmaker has presented odds of:

1 – Brazil 3/4
X – Draw 14/5
2 – England 10/3

1x2 Odds Explained Odds

You think that England, who are the underdogs might be able to have their day. So you place a £5 stake on the Three Lions at 10/3 odds to win outright. Fortunately, it is England who wins the final and that means that your bet has returned a total of £21.67. The scoreline by which England wins doesn’t matter. It’s just the outright match result.

Losing example of a 1X2 bet in Football

Looking at the example match again and still backing England at 10/3, the game ends in a 2-0 win for Brazil instead. That means the Selecao walk off with the World Cup and the bookmaker walks off with your entire stake.

Similarly, if the game had ended in a draw, that would have been a lost bet. In matches where extra time is applicable, the outright bet won’t apply. All 1X2 bets on matches conclude at 90 minutes. So for example in the World Cup Final you had backed England to win, but the game was 1-1 at 90 minutes. However, even though England went on to win the game in extra time, your bet at 90 minutes was still lost.

1X2 Strategy

If you browse around you will find many different strategies for 1X2 betting. It can be a very personalised thing, coming down to the preference of what type of betting a punter likes. Some of course like gung-ho options in trying to get underdog wins.

Some punters like the steadier and pragmatic approach of picking odds-on home teams and build multiple bets with them, like Trixies, Yankees and Accumulators.

1x2 Odds Explained Calculator

Others will focus on matches which are more likely to be a draw, because more often than not, that is where the prime value in 1X2 market odds is. It is a straight forward market and spotting the value on outcomes that bookmakers have potentially undervalued can be something to work towards with experience.