What is a 1x2/Three-way Bet? 1x2/Three-way Sports Betting Explained, Examples & Tips
There are lots of different sports betting markets and bet types to choose from when you use Stake Sportsbook. Among the most popular is the 1x2 bet. Find out what this type of bet is and how it works in this complete 1x2 betting guide.
What is a 1x2/Three-way Bet?
The 1x2 bet, also known as a three-way bet, is a betting market that lets you predict one of three possible outcomes of a match. In sports with tied games, the 1x2 bet is a popular betting market, as you can predict 3 potential outcomes: a win for either side or a tie.
How Does 1x2/Three-way Betting Work?
In some sports, a match has just two possible outcomes for each team: a win or a loss. In these games, ties are decided by overtime or a similar method. However, many sports allow for the game to end in a tie, with no winner declared.
In tied games, neither team is the winner, but you can still win your bet if you predicted a tie.
Outcome of 1x2/Three-way Bets
1 - This is a prediction of a home side win
x - This is a prediction that the match will end in a tie
2 - This is a prediction of an away side win
Difference between 1x2 betting and moneyline betting
Moneyline bets are typically used in sports where only two outcomes are possible – a win or a loss. In contrast, 1x2 bets are more common in sports where a draw is a potential result, such as soccer. While two-way moneyline bets may result in a push – where your wager is returned if there’s a tie, three-way moneyline bets includes an additional option to bet on a draw. This makes them functionally similar to a 1x2 bet, where you can wager on a home win (1), a draw (x), or an away win (2). You can read more about the different types of moneyline betting in our detailed betting guide as well.
Types of 1x2/Three-way Bets
There are many different ways to bet on sports at Stake Sportsbook, including 1x2 betting types:
1x2 & Both Teams to Score
The 1x2 & both teams to score bet combines two of the most popular betting markets into one. You can predict the outcome of the match, and also bet on whether or not both teams will score. This is especially popular amongst soccer betting fans.
1x2 & Total
The 1x2 & total betting market combines the match outcome and total number of points or goals scored in the match. For example, you can bet on Team A to win and over 2.5 goals. Some matches also allow you to bet on the total number of corners and cards in the match.
Pros & Cons of 1x2/Three-way Bets Betting
Pros
Gives you the option of betting on the tie
Often better odds than standard two-way bets
Easy to understand
Multiple variations of the bet type are available
Can be added to parlays and same-game multibets
Cons
Three match outcomes increase the risk
Not available on all sports
Live Betting with 1x2/Three-way Bets
1x2 is available on both pre-match and live betting, as the outcome isn’t decided until the match ends. You can view the latest live odds at any time by opening the live sports section of the sportsbook to discover the latest betting opportunities. Remember to make the most of live stats and free live streams as you make your picks.
Best Sports for 1x2/Three-way Bets Wagers
You can find the 1x2 betting market on just about any sport that features ties. Soccer is probably the most popular sport for 1x2 betting, mainly because draws are relatively common. The exact frequency of football match tied games varies, but it typically happens around 20-30% of the time.
Other popular sports with three-way betting options include boxing and MMA. However, draws are very rare, and bettors typically stick to moneyline bets.
Baseball games in the MLB are designed to determine a winner, although ties can occur on rare occasions if a game is cancelled due to weather. However, you can bet on the 1x2 market for specific innings.
Many major sports leagues, such as the NFL, NBA, and NHL, have adopted overtime rules to avoid ties. Tied NFL games are possible, though NBA and NHL games use a shootout to determine the winner if scores are still tied after overtime. However, three-way markets are still offered on ice hockey games and some basketball matches, though they only count the result in regulation time.
How to Read 1x2/Three-way Bets Odds & Betting Payouts
Betting odds are used to calculate your potential return. You can find out how to read odds in our complete guide. However, the basics are that higher odds mean bigger potential winnings. Of course, higher odds also imply that the outcome has a lower probability.
There are multiple different ways to view betting odds, including decimal, fractional, and American. You can switch between them to make it easier for you to read.
Here are some examples of how to read the 1x2 betting odds with a $10 bet:
Decimal
With these odds, you simply multiply the odds by your stake to get the total payout, including your original stake.
Result
Odds
Potential Payout (including stake)
Real Madrid
2.60
$26
Draw
3.55
$35
Manchester City
2.70
$27
Fractional
With fractional odds, you multiply your stake by the numerator (top number) of the fraction before dividing the result by the denominator (bottom number) of the fraction. The resulting number is your total winnings from the bet.
Regulation Time Result
Odds
Potential Payout (excluding stake)
Carolina Hurricanes
3/2
$15
Draw
3/1
$30
Florida Panthers
33/25
$13.20
American
These odds are displayed with either a + or - symbol. The odds with a + symbol tell you how much you’ll win from a $100 bet, while odds with the - symbol tell you how much you’ll need to bet to win $100 in winnings.
1st Inning Result
Odds
Potential Payout (excluding stake)
Seattle Mariners
+340
$34
Draw
-192
$5.21
Boston Red Sox
+320
$32
1x2/Three-way Bets Betting Strategies & Tips
Research your bets - To have a successful 1x2 betting strategy, you need to back up your picks with data and statistics. Experienced bettors usually only bet on sports they follow closely while making sure they don’t let emotions take over. Consider current form, head-to-head records, injury news, and analysis of team statistics when making your bets.
Combine 1x2 betting markets - The 1x2 betting option is a lot of fun to bet on, but you can also combine it with other markets such as the 1x2 total and 1x2 both teams to score. Don’t forget you can also place parlays using the 1x2 bet, although your chances of success are lower with each selection you add.
Make the most of live betting - Live betting is an excellent way to find improved odds. The lines will move as the action happens, providing you with the opportunity to land bigger payouts if you time it correctly.
How to Deposit & Withdraw Funds to Bet on Sports
Making payments is simple at Stake.com, with support for a range of local currencies and cryptocurrencies. Here’s how the process works:
Deposit
Log in to your account and check your current available balance in your wallet.
It’s possible to purchase crypto quickly using MoonPay or Swapped.com too.
Make sure you store your funds safely in the vault once you’ve completed your deposit.
Withdraw
Log in to your account and open your wallet.
Choose the withdrawal option.
Select any of the available payment methods and enter the amount you want to cash out.
If you’re making a crypto withdrawal, make sure the right crypto network is selected.
Double-check that your details are correct before confirming the payment and waiting for your payout to arrive.
If you have any issues while making deposits or withdrawals at Stake, you can find answers in the help center or get in touch with our customer support team.
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