Many inexperienced bettors or those just starting out in sports betting may look at the available markets and ask themselves: what is 1X2 betting? 1X2 betting is popular mainly in football and involves betting on the outcome of a match with three possible outcomes: a home win, an away win, or a draw.
Basically, the three outcomes of a match between two teams are represented by 1, 2, or X. "1" indicates a home win, "2" an away win, and "X" a draw.
Using sample odds, let's have a look at the La Liga match between Real Madrid and FC Barcelona. In the context of the final score, Real Madrid is represented by a "1" because they are the home team. FC Barcelona is the away team, so it's marked as a "2," and a draw is an "X." Looking at the odds, we see that Real is the favourite with odds of 2.36. Barcelona is the underdog with odds of 3.45, and a draw is priced at 4.75. This means that with a stake of EUR 100, a win bet would guarantee PLN 236 if the home team wins. A Barcelona win would potentially return EUR 345, and a draw EUR 475.
You can combine two of three possible outcomes using a double chance bet. In this market, you can choose to bet 1X, X2, or 12. This essentially means a home win or draw, an away win or draw, and a home win or away win. By combining the two outcomes, you have a better chance of winning your bet, although the odds will be lower than in a normal 1X2 market. Using Manchester United vs. West Ham as an example, let's look at the difference in possible returns.
