Football Betting Guide: What is a 1X2 Bet?
Sports betting can be a profitable way of enjoying sporting events and placing a wager on their outcomes. Beginners and avid bettors develop strategies and assessments before placing bets to increase their chances of winning.
Aside from that, they also try exploring available offers and different betting markets. When it comes to available betting markets in football betting, the 1×2 betting market is one of the most popular bets for sports bettors.
The 1×2 betting market is also known as Moneyline betting it is an American term traditionally associated with betting on major US sports events. Many sports bettors love this as it is considered the simplest and the most straightforward betting market.
In sportsbook betting Singapore, the 1×2 betting market is known where bettors win by correctly selecting the team that will win a match based on the relevant Singapore pools football betting odds. The three possible outcomes in this betting market in football betting are: away win, home win, and draw in the first 90 minutes of the game.
Such outcomes are represented by either 1, 2, or X. 1 is for a home win, 2 is an away win, and X is for a draw. Each of the outcomes has a price against it and is calculated as odds x stake = potential return. It is worth noting that betting lines are tweaked until bets are closed. This is so sportsbooks can get the right amount of bet on each side of the contest.
If the favourite is bigger, the payout is likely smaller. On the other hand, the bigger the underdog, the larger the payout. As the 1×2 betting line is simple to learn and helps in providing a way to add serious profit to a bettor’s betting strategy, it makes sense that sports bettors love this betting market.