Football or soccer betting refers to predicting the outcome of a match and placing wagers on the outcome. Over the years, football betting has evolved with inclusion of newer forms of bets coming into play.
The most common football bet is on the final result of the match – 1-x-2. In this kind of bet the punter has to predict the end-result of a game. The player predicts whether the result at the end of the normal game-time will be one out of three options: a win for one team (usually home), a draw or a win for the other (away) team.
On the betting slip, the 1 denotes the home win, the X denotes the draw and the 2 denotes the away win.
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. With European Handicap, one of the two teams is given an advantage before the match starts, but there are still three possible outcomes – home win, draw and away win.
Example of 1×2 Betting
Let us take a look at an example of 1×2 betting to make things easier. For instance, if the international friendly between England and Portugal is the match you wish to place your bet on, the odds provided by bet365 for an England win is 1.91, a draw is 3.30 and a Portugal win is 4.50. If you choose to bet on England you have made a 1 bet. If you bet the draw you are going for X, and if you think Portugal will win, you bet on 2.
If a $10 bet is placed on a win for England and the result is correct, the punter receives $19.1 (which includes the $10 stake) but does not win anything if the result is a draw or a win for Portugal.
Similarly, a correctly predicted draw will result in a receipt of $33 ($10 stake and $23 profit); while the same bet on a Portugal win will help the punter earn $45 ($10 stake and $35 profit).
1×2 betting is traditionally the most popular form of bet available in most market. One of the key aspects in ensuring a comfortable betting experience is choosing a trusted bookmaker.
You can submit your 1×2 soccer picks to Tipsters Competition. It is a virtual online betting platform whereby you can learn how to bet and master the art of betting with no real money involved.