Author:
Dean Johnson
Last Updated:
29/06/2022
Topic:
Betting Strategy
Experiences:
Sharing everything from NHL betting to poker gaming
Topic:
Betting Strategy
Experiences:
Sharing everything from NHL betting to poker gaming
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What is 1X2 betting?
If you’re new to sports betting, you may have come across the term ’ 1X2 betting’. No, this does not mean that you multiply your wagers by two. The strategy is a specific term that relates to spreading your bet. We’ll get to the more technical details in a moment when we have 1X2 betting explained.
For many Canadian punters, 1X2 betting is a favored strategy. Predominantly used as a sports betting strategy, it is one of the most preferred tactics available. As you’ll see in our guide, almost any sport is compatible with the 1X2 betting strategy in Canada.
If you would like to see our matched betting guide or need the 1.01 betting explained, our guides have the answers. Feel free to read about these strategies and others in our guide to sports betting strategies for Canada.
Key Takeaways – A Quick Primer
- Must be used where three different outcomes are available
- Can combine outcomes for better profit
- Accumulator bets are available
- Used across various sports
- Available for eSports and Virtual Sports
- Can be used with in-play markets
- Latest betting tips are available daily
The Detailed Guide to 1X2 Betting – Start Your Engines
1X2 Betting Explained
1X2 betting is also explained as Three-Way Betting. The reason for this is because punters used the 1X2 betting strategy in Canada to wager against three different types of odds.
Are you still confused? Allow us to explain 1X2 betting simply. There are three possible outcomes in a sports match. A team will either win, draw, or lose against an opponent. By using a 1X2 betting strategy in Canada, bettors are placing bets on all three outcomes.
You might think that this is a bad strategy, but you’d be surprised how well it works. The procedure determines the odds of all three possible outcomes. You just need to bear in mind that the bookies will subtract their margins.
So why is it called 1X2 betting? Well, when breaking down the title of the strategy, it represents all three possible outcomes. These outcomes are the home team win (1), game draw (X), and away team win (2).
To have the 1X2 strategy explained adequately, let’s use an example. We’re going to use the Premier League as one of the favorites to use the 1×2 betting strategy in Canada. For this example, let’s use a fictitious match between our favorite competitors, Manchester United and Liverpool.
With Man United playing at home, they would represent the ‘1’. Liverpool would represent the away team as ‘2’. The odds for the draw would identify as the ‘X.’ If Liverpool were playing at home, they would swap numbers.
How Does 1X2 Betting Work?
Now that we have the concept of 1×2 betting explained let’s have a look at how it works. If you grasp the basic mechanics of the 1×2 betting strategy in Canada, you could determine your possible payout.
Going back to our fictional match where Man United are playing at home, let’s look at the three possible outcomes. Man United could either win the game, draw with Liverpool, or lose.
We prefer using decimal odds in Canada, so we’ll stick to what we know. Man United, as the home team, is the favorite pick. In that case, let’s imagine that the odds for Man United are 1.40 since it is likely that they would win.
For two competitive teams, there is a slim chance of a draw. So reasonable odds would be 9.00 for a tie. The last variable for the game would be Liverpool winning. There is more chance of Liverpool winning than a draw so that we could look at odds of 3.5 for the away team.
If you placed a C$100 stake, the winnings would look like this, depending on the wager you placed: C$140 (1), C$900 (X), and C$350 (2).
Combining Outcomes
The 1X2 betting strategy in Canada allows you to combine various outcomes. Many punters prefer to do this when they are not sure what the result will be. Combining outcomes is also a way to maximize winnings.
Depending on the markets available, you can select one of three combinations. These combinations include 1-X, X-2, or 1-2. If we go back to our example, 1-X will represent bets on Man United winning at home and a tie.
Betting on combined outcomes is sometimes referred to as double chance betting. It isn’t available across all sportsbooks, so you need to check where it is applicable. By calculating which would be the best combination to wager on, you have a better chance at profits.
We hope it makes more sense now with 1X2 betting explained.
Accumulator Bets
You can also place accumulator bets when using the 1X2 betting strategy in Canada. Accumulators are bets that include more than one selection of sports matches. This form of betting applies when there is a list of matches scheduled over a weekend. Punters can then use accumulator 1X2 bets on multiple matches.
Let’s create a few more fictional Saturday matches for our next example. Manchester United vs. Liverpool; Chelsea vs. Tottenham; Leicester vs. Arsenal; and Manchester City vs. Newcastle.
For these matches, you could bet across all four. So, your accumulated bets could look like 1, X, 1, 2. In events like this, the winnings from the first match would roll over for wagering on the second. The winnings from the second match would then roll over to wager on the third.
In the end, you will receive a greater profit than if you simply bet on each one individually. To get the most out of this strategy, it is essential to understand the 1×2 betting strategy.
1X2 Betting Sports
While we may have exhausted examples of soccer, it is not the only sport where 1×2 betting strategies in Canada are applicable. When we explained 1×2 betting, we mentioned that it could apply in almost any sport where there are two clear opponents, such as Rugby and Hockey.
You are not restricted to using the 1X2 betting for full match results. Punters can also bet on other outcomes, such as the half-time score. You could then place bets on which team you think would lead at half time, or if it would be a tie.
1X2 In-Play Betting
The 1×2 betting strategy in Canada is also applicable for in-play betting. This type of betting occurs during a match where markets are continually opening and closing.
Let us explain 1X2 betting for in-play sports markets a bit more. Other odds include which striker will have the most shots at goal by half-time.
With the rise of sports betting apps, in-play betting has become more popular. In our in-play tennis betting strategy guide, you can see just how detailed in-play betting can become. Punters make more profit from the mass of in-play bets available than just betting on match results.
It is best to keep a lookout for when 1X2 betting becomes available during a live game. As we’ve said before, not all markets offer this opportunity. There have to be three apparent outcomes. Otherwise, 1X2 betting is not possible.
Advantages of 1×2 Betting
The most obvious advantage of 1X2 betting is explained by its ease of use. There are only three outcomes from which to choose. They will either win, draw, or lose. The tricky part is developing a 1X2 betting strategy in Canada that works for you.
1X2 betting is available for multiple sports via the best mobile betting apps in Canada, making it more accessible. With the growing popularity of the 1X2 betting strategy in Canada, more sportsbooks are making this type of betting available. Bookies also offer competitive markets for 1X2 betting.
With 1X2 betting explained, there are many sites offering the latest betting tips for this strategy. There are many sporting events daily, so be sure to look out for the best 1X2 betting tips before placing your wagers.
As mentioned when we explained 1X2 betting, the strategy brings the possibility of higher profits. Accumulator bets use the winnings from the first match as the wager for the next game. This strategy can increase your winnings fourfold!
There is some versatility with this strategy in terms of casinos who offer eSports and virtual sports betting. eSports refers to competitive multiplayer video games such as CS:GO, Dota 2, and StarCraft 2. Virtual sports refer to sports matches generated by computers.
In both instances, there are matches where three possible outcomes are visible. The casino may offer 1X2 bets for either of the available games. It doesn’t just apply to sport. You should check if the casino has 1X2 betting explained for any of the open markets.
Tips for 1X2 Betting
When it comes to 1×2 betting, explained by our experts, there are some essential factors to consider. While the strategy allows for multiple outcomes, you’ll want to maximize your profits. Here are some guidelines for 1X2 betting.
App Betting Guides – Up your Chances even More!
If you’re keen to learn a betting strategy for a specific sport, we recommend you refer to our extensive list of available guides. Learn more about possible strategies in our best tennis betting strategy. Discover how to determine a potential winner in our best greyhound betting strategy.
Our guides aim to help you gain the upper hand in your gambling experience, no matter which game you prefer. Through trial and error, and personal experience, our professionals have gathered all relevant information to help you determine the best cricket betting strategy in Canada.
If you’re looking for a popular sports betting strategy in Canada, our guides can help you find the right match. One of the highest recommendations is for the value bet strategy.
Conclusion – Arm yourself with the Right Knowledge
There are various strategies available when it comes to sports betting, such as the best football betting strategy in Canada. Some of these guides have better advantages over others, like basketball tips to get the most from your wager. Others are not always available for the markets presented by bookies.
1X2 betting has gained a large following over the years. It presents plenty of opportunities for sports punters. It doesn’t matter if you are betting on the results of a match or in-game statistics. Where there are three possible outcomes, the 1X2 betting strategy is key to obtaining some winnings. You can now sign up with the best sportsbook online and put your insights to the test.
Of course, there are many factors to consider when deciding which of the three outcomes to select. We hope that our 1X2 betting strategy guide has helped you make better decisions for the future. Need more strategies? We’ll get 1.01 betting explained for you.
