In this post, you are going to learn about 1X2 betting!
This way of betting is called betting 1×2 and is all about three way betting. To make it easy; referring to laying or backing a home win, or betting on an away win or draw. In this post we will cover how betting 1×2 works, what you need to know about and how to go forward!
The betting 1×2 method has become very popular the recent years because it’s straightforward and fun. In this type of betting, you get the opportunety to bet on draws, and is the reason why so many people love this betting activity. You got three results in betting 1×2:
So, it seems easy, right? Yes, your right, but to be profitable, you have to put in the work first, make a game plan, and execute!
Betting 1×2 doesn’t make any difference when it comes to quality between players or teams. We are looking at a betting method that finds all the possible outcomes and takes away the exchange commission and bookmaker margin.
“I’ve been using 1×2 betting for 1 year now, and has seriously generated me so much money that I could quit my job, I am very thankful for this”
When you calculate a payout for a back bet, there are two methods you can use. Strategies behind Betting 1×2 can be done in several ways. If you backed Manchester City to beat Chelsea with a stake of 200 dollars with odds at 2.68, this would look like:
Stake*Odds = (dollar) return
In this case: 200 dollars * 2.68 = 536 dollars
If Liverpool did its job and won your bet, it would give you: 536 dollars – your stake (200 dollars). You now sit there with a profit of 336 dollars!
In this case: ((200*(2.88-1))*2%=7,52 dollars commission
In this example, your commission return would be 7,52 dollars, meaning you get back around 500 dollars – giving you a profit of around 300 dollars.
Okay, so what will happen if the result is a draw or in this case Chelsea wins?
Pretty obvious; you will lose both the 200 dollars at stake and the bet.
In most cases, Smarkets give you the best price: 2% commission on the winning bets.
When you master betting margin calculations, you can find the best exchanges and bookmarkers, so you get the most value per bet you take.
Unlike back bets, you can also lay the result. For example, you lay on Manchester City against Chelsea with a stake at 100 dollars with odds at 2.68.
Odds*Stake = dollar return
In our case: 100 dollars = 100 dollars
If Manchester City wins or the match ends with a draw, you would win 100 dollars before the commission.
Now… One more thing we have to go through when it comes to Lay Bets: What happens if you lose?
Short and easy: If you lose, your liability gets deducted, and you would have lost 130 dollars.
The reason betting 1×2 is so popular is because of its simple structure. After reading this article, you hopefully got more knowledge, know how to calculate payouts, and make profits on betting 1×2 market.
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