Trevor Jones is an expert in iGaming with a passion for writing US sports, such as football and basketball, in particular. He is extremely knowledgeable about US gambling regulations and has previously contributed articles to Augusta Free Press, Tech Report, Basketball Insiders and Legal Sportsbooks. He is an avid sports and betting enthusiast and a huge fan of the Golden State Warriors, though follows all of the major sports leagues.
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Neil is a gambling industry veteran with over 15 years experience as a content writer, editor and speaker at events. He has a Masters degree in English Literature and Philosophy and has combined this analytical inquisitiveness with a passion for sports betting and casino gaming. Neil started his career with Bettingpro.com and helped build not only that site but various others such as LiveTennis.com, LiveDarts.com and numerous other sports informational sites, including GG.co.uk and RacingTips.com He then made the transition to the North American market, working both in the UK and in New Jersey to launch various sports betting and casino sites, including AmericanBettingExperts and NewAmericanCasinos. Working with regulators, Neil has helped to review sports betting sites and also test the regulated betting apps in a professional capacity. He now works almost exclusively in the US market and is one of the main reviewers and fact checkers on SportsLens gambling content. He also speaks at various gambling conferences including ICE, iGB Live and SBC Americas and has contributed to GamblingInsider, EGR Magazine and a number of others in a consulting capacity.
All posts by Neil RoartyIn sports betting, the term “1X2” refers to a popular type of bet used in team vs team matches which include a tie (or draw) option. The “1” represents betting on the home team to win, the “X” represents a tie outcome, and the “2” represents betting on the away team to win. Gamblers choose one of these options based on their prediction of the match result at the end of regulation time, and the chosen outcome must be accurate for the bet to be successful. So, in short, what does 1X2 mean in betting? It is the match or game winner market in sports that offer a tie.
How do 1X2 Odds Work?
Understanding how the odds work isn’t difficult but keep in mind odds can vary from fixture to fixture depending on how favored one team is. With that said, here is an example of how 1×2 odds work in a soccer match.
Match: Manchester United vs. Chelsea
- 1 (Home Team Win): Odds of +150 X (Draw): Odds of +220 2 (Away Team Win): Odds of -180
- If you bet $100 on Manchester United (1) for a home win, and they do, your potential profit would be $100 * (150 / 100) = $150.
- A $100 bet on a draw (X) would yield a potential profit of $100 * (220 / 100) = $220 if the match ends in a draw.
- If you wager $180 on Chelsea (2) to win, and they do, your potential profit for winning bets would be $100
Pros and Cons of 1X2 Betting
1×2 betting doesn’t have many cons, to be fair, as most gamblers will generally use this market for their sports betting endeavors. With that said, let’s take a look at all of the potential pros and cons of this type of betting.
Pros:
- Simplicity: 1X2 betting is straightforward and easy to understand, making it suitable for beginners and casual bettors. Home win, away win and tied result is all you need to understand.
- Clear Outcomes: There are only three possible outcomes: home win (1), draw (X), or away win (2), simplifying the decision-making process.
- Varied Odds: Bookmakers offer different odds for each outcome, allowing bettors to find potentially lucrative opportunities based on their analysis.
- Higher Odds for Underdogs: In matches with a clear favorite and underdog, the underdog’s odds for a win (2) or a draw (X) can provide higher potential payouts.
- Strategic Betting: Bettors can choose their bets based on team form, player injuries, head-to-head statistics, and other factors, enabling a strategic approach to betting.
Cons:
- Limited Betting Options: 1X2 betting only focuses on three outcomes, which might limit opportunities for more specific or creative bets.
- Imbalanced Odds: In matches with a heavily favored team, odds for the favorite’s win (1) might be unattractive due to low potential payouts.
- Ties/Drawing Matches: Draw outcomes (X) are less common in many sports, leading to less frequent winning opportunities.
Which Sports Have 1X2?
1X2 betting is commonly associated with soccer (football) matches and is widely used in that sport. It’s one of the fundamental betting markets for soccer matches, allowing bettors to wager on the outcome of a match as a home win (1), a draw (X), or an away win (2). All the top onshore and offshore betting sites offer 1X2 betting to its users.
While 1X2 betting is most prevalent in soccer, you might also find similar concepts in other sports, although the terminology might differ. For example:
- Rugby Union: In some rugby matches, you might come across “Match Result” bets, which are essentially equivalent to 1X2 bets in soccer. You can bet on the home team to win, a draw, or the away team to win.
- Rugby League: Similar to rugby union, rugby league matches might offer “Match Result” bets that function as 1X2 bets.
- Cricket: In limited-over cricket matches (such as One Day Internationals), you can sometimes find markets where you bet on the outright winner of the match, which can be thought of as a form of 1X2 betting. However, in test match betting draws can be more common.
- Hockey: Ice hockey matches might also have markets where you can bet on the outcome of the match, which could be considered analogous to 1X2 betting.
Which Betting Markets Have 1×2?
In addition to the traditional 1X2 market, various related markets and betting options exist that allow bettors to incorporate the predictions of match outcomes. Some of these include:
- Moneyline: Similar to the 1X2 market, this is a straightforward bet on which team will win the match, but it might be expressed in positive and negative odds format.
- Handicap Betting (Spread Betting): Here, a team is given a virtual advantage or disadvantage in terms of goals/points, and bettors wager on whether the chosen team can overcome the handicap. It can be combined with the 1X2 concept.
- Double Chance: This bet covers two possible outcomes in a match, such as the home team win or draw (1X) or the away team win or draw (2X), reducing risk but offering lower odds.
- Draw No Bet (DNB): This market eliminates the possibility of a draw, allowing bettors to choose a team to win, and if the match ends in a draw, their stake is returned.
- Both Teams to Score (BTTS): While not directly related to the 1X2 concept, the both teams to score betting market focuses on whether both teams will score during the match, providing an alternative betting option.
- Correct Score: Again, not a direct 1X2 market, but it involves predicting the exact final score of the match.
How to Calculate 1X2 Payout
To calculate the potential payout for a 1X2 bet, you’ll need to consider the odds associated with the specific outcome you’re betting on. The payout includes your initial stake and your potential profit.
Home Team Win (1):
- Odds: +150
- Potential Payout = (Stake * (Odds / 100)) + Stake
For instance, if you bet $100 on the home team to win with odds of +150: Potential Payout = ($100 * (150 / 100)) + $100 = $150 + $100 = $250
Draw (X):
- Odds: +220
- Potential Payout = (Stake * (Odds / 100)) + Stake
For example, if you bet $100 on a draw with odds of +220: Potential Payout = ($100 * (220 / 100)) + $100 = $220 + $100 = $320
Away Team Win (2):
- Odds: -180
- Potential Payout = (Stake / (Odds / 100))
For another scenario, if you bet $180 on the away team to win with odds of -180: Potential Payout = ($180 * (180 / 100)) = $100
1X2 Betting Strategy
You can keep it pretty straightforward with 1×2 betting, but you can also incorporate it into some betting strategies. Ultimately, you want to try to find the best value for your initial stake, so here are two betting strategies that can help you do that.
Value Betting: This strategy involves identifying bets where the odds offered by the sportsbook are higher than your estimated probability of the outcome occurring. Look for instances where the bookmaker’s odds suggest a lower chance of an outcome happening than you believe is realistic.
This might involve studying team statistics, form, injuries, and other relevant factors to make an informed assessment. When you find value, place your bets on the selections that offer a favorable risk-reward ratio over the long term.
Combining 1X2 Bets in Accumulators: Accumulator betting, also known as parlay betting, involves combining multiple bets into a single wager. You can combine different 1X2 selections from various matches to increase potential payouts.
For example, you might select three or four teams you believe will win (1) from different matches and combine their odds in a single accumulator bet. This strategy can lead to higher potential profits, but it also increases the risk since all your chosen outcomes must be correct for the accumulator to pay off.
FAQs
1×2 betting is easy for you to grasp once you start getting used to it. With that being said, we have answered a few frequently asked questions just to make sure that you know all of the ins and outs of this particular betting market.
How do I win a 1X2 bet?
What is the meaning of the 1X2 match result?
What does booking 1X2 mean in betting?
Is 1X2 the moneyline?
Is 1X2 double chance?
