The 1X2 betting is a classic among sportsbook websites. The individual numbers and the letter indicate the outcome of this event.
One reason why this type of betting is so popular is based in part on tradition. In Asia in particular, many betting enthusiasts have constantly encountered this type of betting over the years.
Another reason for the wide variety of three-way bets on offer is also the profitability for the sportsbook sites.
Since there is usually little bet on a draw in football, the sportsbook sites can intervene in the event of a point sharing both the stakes on the home team and the stakes on an 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.
There are three ways in which the bet can end in total. This is called the 3-way betting.
- 1 = Win for the home team
- X = Draw
- 2 = Win for the away team
The three-way betting odds simply aim to reflect the odds for each of the three possible outcomes.
It is extremely important which Sportsbook site you choose for the 1X2 betting. Everything here revolves around the topic of calculating odds.
The higher the odds key in soccer betting, the more profit you make. If you are registered with a sportsbook sites with very low odds, you may lose money for a long time.
Football is the obvious, and most popular, sport which uses the 1X2 betting market, but it’s not the only one.
In fact, many online sportbooks sites will offer this market on any team sport which has the possible outcomes of a home win, away win, or draw. Therefore, sports such as cricket, rugby, and even hockey are becoming increasingly popular among punters who use 1X2 betting.
