How does 1X2 betting work?
- Step 1: Calculate profit excluding commission. It is calculated as follows: Odds * Bet amount = profit of £
So in our example: 2.88 * 100 = £ 288
Therefore, if Liverpool win the bet, you will return £ 288 – including the stake, with a profit of £ 188.
However, since betting exchanges do not add an odds to the bookmaker – unlike bookmakers – you need to deduct the commission from the profits. The house will be the beneficiary.
- Step 2: Calculate profit with commission percentage
It is calculated as follows: ((Amount * (Ratio -1)) * Commission rate
In our example it would be: ((100 * (2.88 -1)) * 2% = £ 3.76 commission
So in this example, you will be charged a commission of £ 3.76, meaning your interest will be £ 288.24 – profit of £ 184.24
If the match ends in a tie or wins against Man City, you will lose the bet and your £ 100 stake will be lost. Once you’ve learned how to calculate the odds, you can compare the odds between the bookies and the exchange to find out who gives you the best value odds.
The popularity of 1X2 betting stems from its simple format. Now you understand what the 1X2 betting market is and how your payouts are calculated
How Does A Half-Time/Full-Time Bet Work?
This betting belongs to the category double bets. At these bets, you bet on both the standing at half-time as well as the result after the full time. That’s the only difference at these bets. This type of bet is very similar to score- cast/win- cast betting. The most important thing to know is that a halftime/fulltime bet can be only won if you have predicted the half-time standing and the full-time result correctly. This event has to be interrupted by e a break, and that’s the only precondition of this bet.
Predict and bet on Both Teams To Score
This kind of bet for both teams to score (BTTS) is very easy and simple to understand and that’s why this bet is very popular. In order to win we need both teams to score one goal or more, no matter what the finals score is. As long as both teams have scored you will win your bet, it doesn’t matter if it’s 5-4, 5-1 or 1-1.
Predict and bet on goals under/ over
The under/ over predictions are very straightforward. An under/ over goals betting tip means that you are actually predicting on the number of goals within a football game over the course of 90 minutes. These predictions are usually based on expected total goals scored by either of the teams. Most of the concentration in this kind of betting is given on the scoring or the goal ability of the teams, so you should be paying attention to tactics, teams’ forms and players. Teams who have the weak defense, but in the same time teams that have attacking tactic and lineup tend to receive goals and are more attractive for goals betting on overs. While on the other hand teams that don’t allow many goals and have more defensive tactics will be good for goals betting on unders.