Complete 1x2 Betting Guide for Beginners
When it comes to sports betting, there are numerous betting options available to all bettors. One of the most popular types to bet on is the 1×2 bet. In this comprehensive 1×2 betting guide, we will take you on a journey through the dynamic realm of online sports betting, with a special focus on the popular 1×2 betting option.
Online sports betting has evolved into a global phenomenon, offering sports enthusiasts the opportunity to engage with their favorite sports and teams on a whole new level. The term “1×2” is the fundamental betting option that forms the backbone of sports wagering. Whether you’re a seasoned bettor looking to refine your skills or a curious newcomer eager to learn the ropes, this guide will equip you with the knowledge and strategies you need to make informed betting decisions.
What is 1x2 Betting and How Does it Work?
1×2 betting, often referred to as “win-draw-win” betting, is one of the simplest and most popular forms of sports betting. It is commonly used in sports like basketball, football, and you can also find it in other sports. This type of betting is straightforward and involves predicting the outcome of a match or event with three possible outcomes: Team 1 winning, a draw (tie), or Team 2 winning. Here’s how it works:
Team 1 (1): This represents the home team or the first-listed team in the matchup. If you place a bet on “1,” you are betting that the home team will win the match.
Draw (X): The “X” signifies a draw or a tie. If you bet on the “X,” you are predicting that neither team will win, and the match will end in a tie after regulation time.
Team 2 (2): This stands for the away team or the second-listed team in the contest. Betting on “2” means you are wagering that the away team will win the match.
How to Calculate 1x2 Bet Payout?
Calculating the potential payout of a 1×2 bet is crucial for bettors to assess the value of their wagers. The formula for calculating the payout is relatively simple. Here is an example:
Let’s say you want to bet on a football match between Team A and Team B, and the odds for each outcome are as follows:
- Team A (home team) to win (1): 2.50
- Draw (x): 3.00
- Team B (away team) to win (2): 3.50
To calculate the payout for each outcome, divide 100 by the respective odds and multiply by your stake:
- Payout for Team A winning: (100 / 2.50) * Stake
- Payout for a draw: (100 / 3.00) * Stake
- Payout for Team B winning: (100 / 3.50) * Stake
By calculating the potential payouts, bettors can determine the potential return on their investment and make informed decisions.
1x2 Bet Types
Within the realm of 1×2 betting, there are several bet types that bettors can explore. The most common type is the match result bet, where bettors predict the outcome of a single match. However, there are also variations such as double chance betting, where bettors can cover two possible outcomes, increasing their chances of winning but decreasing the potential payout.
Another popular bet type is the half-time/full-time bet. Here, bettors predict the outcome of both the first half and the full match. This type of bet adds an extra layer of complexity and can provide higher odds if accurately predicted. Additionally, bettors can also engage in handicap betting within the 1×2 framework, where the favorite team is given a disadvantage or the underdog is given an advantage to level the playing field.
How to Place a 1x2 Bet
Placing a 1×2 bet is a simple process that can be done through various online sports betting platforms. Here is a step-by-step guide to help you get started:
- Choose a reputable sports betting platform that offers 1×2 betting options. One popular platform is OKBet, known for its user-friendly interface and wide range of betting markets.
- Create an account on the chosen platform and complete the necessary registration and OKBet KYC Program process.
- Deposit funds into your account using one of the available payment methods.
- Navigate to the sports section of the platform and select the desired sport and match you wish to bet on.
- Within the match details, locate the 1×2 betting options and choose the outcome you believe will occur.
- Enter the amount you wish to wager and confirm your bet.
- Sit back, relax, and wait for the match outcome to determine whether your bet is successful.
Sports betting in the Philippines is legal as long as the sportsbook you trust is licensed and regulated under the Philippines Amusement and Gaming Corporation PAGCOR.
1x2 Betting with OKBet
When it comes to 1×2 betting, having a reliable platform is essential. One such platform is OKBet, which has gained a reputation for its top-notch services and a wide range of betting options. The platform offers a user-friendly interface, making it easy for bettors to navigate through the platform and place their bets. Additionally, OKBet provides competitive odds, ensuring that bettors get the best value for their wagers.
Moreover, OKBet offers a variety of sports and events to bet on, including football, basketball, tennis, esports and many others. bettors can access a comprehensive selection of matches from various leagues and tournaments worldwide. OKBet also provides live betting options, allowing bettors to place 1×2 bets even after the match has started, adding excitement and potential opportunities for profit.
Popular Sports You Can Bet Using 1X2 Betting
While 1×2 betting can be applied to various sports, certain sports tend to be more popular among bettors. Football is undoubtedly the most popular sport for 1×2 betting, with countless matches taking place worldwide. bettors analyze team form, player injuries, and other factors to predict the outcome accurately.
Basketball is another sport that attracts many 1×2 bettors. With its fast-paced nature and high-scoring potential, basketball offers plenty of opportunities for bettors to capitalize on favorable odds.
Tennis is also a popular choice for 1×2 betting, particularly in major tournaments. bettors analyze player rankings, playing styles, and surface preferences to make their predictions.
1x2 Betting Tips
To enhance your chances of success in 1×2 betting, consider the following tips:
- Conduct thorough research on the teams or players involved, including their recent form, head-to-head records, and any significant news or injuries.
- Take advantage of statistical analysis tools and resources to gather valuable insights into team performance, scoring patterns, and defensive capabilities.
- Stay updated with the latest sports news and developments, as they can significantly impact the outcome of a match.
- Manage your bankroll effectively by setting a budget and avoiding chasing losses.
- Consider exploring other bet types within the 1×2 framework, such as double chance or half-time/full-time bets, to diversify your betting strategy.
Pros and Cons of 1x2 Betting
1×2 betting is a popular and straightforward betting option in sports wagering. Like any betting method, it comes with its own set of pros and cons:
Pros of 1x2 Betting:
Simplicity: 1×2 betting is easy to understand, making it accessible to both new and experienced bettors. You simply pick one of three outcomes: Team 1 wins (1), a draw (X), or Team 2 wins (2).
Versatility: It can be applied to a wide range of sports, including soccer, basketball, rugby, and more, making it a versatile option for sports enthusiasts.
Wider Market Availability: 1×2 bets are widely available across various sportsbooks and online betting platforms, making it easy to find opportunities.
Attractive Odds: Depending on the matchup and teams involved, 1×2 bets can offer competitive odds, especially when there is a clear underdog or favorite.
Strategic Betting: Bettors can use their knowledge and research to make informed decisions. For example, analyzing team form, injuries, and head-to-head statistics can help in making more accurate predictions.
Covering Multiple Outcomes: You can use 1×2 bets in combination with other bet types to hedge your bets and potentially increase your chances of winning.
Cons of 1x2 Betting
Limited Outcomes: With only three possible outcomes, 1×2 betting may not provide as many options for bettors seeking more complexity and variety in their wagers.
Lower Odds for Favorites: When a team is heavily favored, the odds for a straightforward win (1 or 2) may be quite low, making it less attractive for bettors looking for higher returns.
Ties (Draws) Are Unpredictable: Predicting a draw can be challenging, as it often depends on various factors, including team strategies and external circumstances. Draws are relatively rare in many sports.
Risk of Push: In some cases, if the match ends in a draw, your bet might be considered a “push,” and you’ll receive a refund instead of winnings.
Complexity in Multi-Team Accumulators: While 1×2 bets can be included in accumulator bets, they can complicate matters when building such bets, especially when it comes to calculating potential payouts.
Limited to Team Sports: 1×2 betting is primarily used in team sports where there are two competing sides. It may not be suitable for individual sports like tennis or sports with more than two outcomes, such as horse racing.
1×2 betting is a straightforward and accessible option for sports bettors, but it has limitations in terms of the number of outcomes and the complexity it offers. It’s important for bettors to understand the pros and cons of this betting method and consider it as one tool in the betting arsenal.
Frequently Asked Questions
Is 1x2 betting only applicable to football?
How do bookmakers determine the odds for 1x2 bets?
Can I place 1x2 bets during a live match?
Are there any strategies to improve my chances in 1x2 betting?
Aside from 1x2 Bet, What are Other Betting Options for Sports?
Advice to Bettors
1×2 betting offers a straightforward and accessible way for bettors to engage in sports betting. However, sports betting is inherently risky, and there are no guaranteed wins. Success often comes from a combination of skill, discipline, and luck. Responsible betting should always be the priority.