what does 1 x 2 mean in betting?
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1X2 betting, also known as three-way betting, refers to backing or laying a home win, draw or away win. ... The 1 refers to a home win, the X the draw and the 2 the away win.
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Dime – A “dime” or “dime bet” is slang referring to money. A dime, in betting circles, refers to exactly $1,000. Juice – A term that refers to the amount charged by a bookmaker/bookie/sportsbook for taking a bet from someone. ... A nickel, in betting circles, refers to exactly $500.
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'My two cents' worth' (or 'two bits' worth') implies that, in order to express and opinion, a small charge is levied. This could well be a simple notional charge and not related to any actual payment. It has been suggested that 'two cents' was the minimum wager required of a new player in order to enter poker games.
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1 OR GG – bet9ja code meaning explained. Home win or both team to score, this means you are placing a wager on the home team to win the match, or it also means that both teams will score against each other in the game.
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Double Chance wagers offer lower odds than both the Draw No Bet and Head-to-Head odds because they have a higher chance of winning. Note that Home/Draw is equivalent to a Home +0.5 handicap selection, while Away/Draw is equivalent to Away +0.5.
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So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9. Similarly, if a horse is at even money (ie 1-1), it's $2 profit for every $2 invested, or a total return of $4.
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An each-way bet is a wager offered by bookmakers consisting of two separate bets: a win bet and a place bet. ... The odds paid on the place part of the bet are usually a fraction (commonly ​1⁄2, ​1⁄3, ​1⁄4 or ​1⁄5) of the win odds.
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A “unit” in sports betting is a measurement of the size of someone's bet. ... Because basic sports betting strategy tells us that you should be betting somewhere between 1-5% of your bankroll on each wager, it is generally accepted that a unit is equal to approximately 1% of your bankroll.
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First, for anybody unfamiliar with the concept of second-half (2H) betting, it is simple: Whenever a game goes into halftime, oddsmakers will post lines for the second half of the game. This solely reflects the points scored in the second half, not the final score.
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A multi bet combines a series of single bets into one wager, the odds multiply with each additional leg of the bet. Each time a leg is successful, the winning dividend from that leg is wagered on the next leg. The more legs added to a multi bet, the greater the risk and, the greater the reward.
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"What does 1 to 3 odds mean?" Here we will tell you what 1 to 3 odds mean, what 1 to 3 probability means, and show you what a 1 to 3 odds payout would be. 1 to 3 odds. This means that out of 4 possible outcomes, odds are that there will be 1 of one kind of outcome and 3 of another kind of outcome.
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Because the Odds has zero house edge the player can only bet so much on it compared to his Pass bet. Most casinos allow what is known as "3- 4-5X Odds." This means the player may bet up to three times his Pass bet on the odds after a point of a 4 or 10, four times after a 5 or 9, and five times after a 6 or 8.
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Tweet. Most online bookmakers have a variety of bet tipes and lots of daily bets. 1,X,2 - the simple bet, 1 means home win, X means draw and 2 means away win. 1X,X2,12 - double chance. 1X means home team wins or draw and so on.
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9/2 means if you put 2 pound on someone to win and they do, you will win 9 pounds plus your 2 pund bet back.
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1,X,2 - the simple bet, 1 means home win, X means draw and 2 means away win. 1X,X2,12 - double chance. 1X means home team wins or draw and so on. Half Time - you bet on the outcome at half time. Halftime/Fulltime - you bet on the outcome at halftime and at the end of the game.
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Bet Over 2/2.5 Goals and you win at your matched price if there are 3 or more goals scored in the match. If there are 2 goals scored in the match half your stake lost and half your stake is returned. Bet Under 2/2.5 Goals and you win at your matched price if there is 1 or fewer goals in the match.
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You will often see win draw win displayed as '1X2' and on Betfair it is known as 'Match Odds'. It is simply a case of backing a home win, draw or away win over 90 minutes. ... A popular twist is 'draw no bet' which means that the draw is ignored, then 'double chance' which allows you to back 2 of the 3 outcomes.