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What is 1X2 betting?

By admin-Ronny on August 19, 2012 in Betting Guide, Sports

1X2 betting may be one of those terms that perhaps confuse you. In this short write up Howtobet.net aims to describe this term once and for all for you. We also give you some pointers on the best places on the web to go about 1x2 betting.

1X2 betting is also known as three-way betting, and simply refers to betting on a home win, a draw or an away win. This is typically what you used to find on betting coupons when visiting a good old fashioned betting shop. The 1 marks the home win, the X marks the draw and the 2 marks the away win. Quite simple, isn’t it?

1X2 betting does not seek to even out any difference in class between the listed teams or players for that bet. 1X2 betting lines simply aim to reflect the true odds of every possible outcome minus the bookmaker’s hold.

1X2 betting example

You have found a game you want to bet on. It happens to be Premier League betting that is on your plate for this evening. Aston Villa – Newcastle is the Monday night game and you are planning to meet up with your mates at the pub. On the way you go by the betting shop and look up the match in their betting offer. The home win (1) is priced at 2.55. The draw is priced at 3.30 and the away win is 2.85. If you choose to bet on Villa you have made a 1 bet. If you bet the draw you went for X, and if you went for Newcastle you bet on 2.

What markets are 1X2 used for?

Bookmakers use 1X2 betting pretty much for every market where three outcomes are possible. It is also used in European handicap betting lines where a draw is still possible. A European handicap would typically be when one team is given a one goal head start, but the option of a draw is still possible on the betting coupon.

Why is 1X2 betting used by bookmakers?

The explanation why 1X2 betting is still popular with bookmakers is partly tradition. Many people, especially in Europe have been fed 1X2 medicine for years and years. Also, and much more importantly; it is usually possible to squeeze out some extra financial profit off us bettors this way.

If you look at the betting odds available in the market and compare these you will find that for instance the biggest football leagues in Europe are trading at 93-94% on average, while lines such as Asian handicap, where one seek to even out the encounter as much as possible through the handicap are trading at a much lower vig.

Howtobet.net 1X2 Predictions and Tips

Howtobet.net analyses hundreds and hundreds of betting events on a monthly basis. The idea is to give you a solid platform when you are picking your bets. Hopefully over time we can help you win money, or at the very least save you big losses. You can find all our betting predictions and betting tips here: Howtobet.net predictions and tips

What bookmakers to choose

Be sure to select trusted, solid bookmakers for your betting. In the jungle of bookmakers very few will stand the test of time. The betting market is becoming more and more regulated, and the competition is fierce. Putting your money with the wrong bookmaker can end up with your bankroll going from hero to zero in no time. Here are three bookmakers we are fairly confident will be around for a very long time to come. Be sure to have an account there!

1. BET 365: They got a massive list of bets available, and offer a very generous 100% deposit bonus up to £/€ 200 as well as up to £/€ 200 in free bets. It also helps that BET365 has really really good odds on offer.

2. BETSSON: This Scandinavian bookmaker has grown fast since 2007 and is the absolute favorites with Scandinavian punters. Their product suite is slick, overall and they have a great selection of bets. At the minute they also offer a £100 Risk Free Bet. That is a truly market leading promotion

3. CORAL: They used to be a sleeping giant, but now they're wide awake. Great odds, lots of selection and a top notch £50 FREE BET available. Their web site is clean and easy to navigate. A great improvement on how it used to be.

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