La Liga 1×2 Betting Guide
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Even if you just know that sports betting has made some fortunes out there, everyone started from scratch learning how 1×2 works. Let’s understand how the system works
Betting Odds: Understanding the Concept and Systems
1×2 is a system used by the bookies to sell odds to the market. A betting odd is essentially a multiplier that determines the potential prize of a sports bettor in case he wins the bet.
Essentially, the bigger the odd, the bigger the potential prize. The closer to 1, the worse the prize is potentially.
The reason why there are professional sports bettors out there is simple: odds aren’t always right, and they often have what punters call value, meaning you have an edge against the market if you are good at what you do.
At La Liga Analysis, we offer proven, prime information for professional bets in the 1×2 market as well as more advanced markets like the Asian Handicap market and the over/under markets of goals too.
But to make the most of the free, prime insights at our site, first, it’s necessary to grasp how the system works.
1×2 – What 1, X and 2 Stand For
1 is the home team, X is the match draw and 2 is the visitor. As simple as that. But let’s use a real-life example of the upcoming game of Real Madrid. These are average market odds as of the writing of this article.
Real Valladolid – Real Madrid: December 30th, 2022
Odds for the victory of the hosts (1) = 6.33
Match Draw (X) = 4.70
Visitors Victory = 1.50
The odds tell us that the market expects Real Madrid to win. In essence, the smallest odds available in a specific market indicate how the betting community perceives the game. Of course, there’s no consensus, hence the bets on all odds available.
The bookies balance the money they take from the market by adjusting the odds, at the 1×2 market and any other market. So, for example, if tomorrow morning it is announced that Carlo Ancelotti will rest several regulars, we can expect the odds for Real Madrid to win to become bigger, especially because Real Madrid has a rather poor record when they rest too many regulars, or at least it happened during the first part of the seasons between La Liga’s rounds 1 and 14, and during the UEFA Champions League Group Stage.
In case the odds of Real Madrid’s victory grow, the other side will become less attractive. The market balances new money as it enters the markets.
Essentially, this is how the 1×2 market works. So, when our writers mention the ‘1’ odds, they mean the odds to bet on the victory of the hosts, ‘2’ for visitors and X for the match draw.
Let’s simulate some scenarios to calculate potential betting prizes with the odds mentioned at the beginning of this article.
Let’s simulate a scenario where 3 bettors have placed similar bets of €100 on each different market, and see their potential winnings depending on the final result of the game.
Real Valladolid – Real Madrid: December 30th, 2022
Joe has bet €100 on the victory of the hosts (1) @ 6.33 – potential prize of €100 * 6.33 = €633
Mary has bet €100 on the Match Draw (X) @ 4.70 – potential prize of €100 * 4.7 = €477
Charles has bet €100 on the Visitors Victory @ 1.50 – potential prize of €100 * 1.50 = €150
Summary: 1×2 La Liga Betting Odds
Betting odds determine the potential prize of any sports betting market. The decimal system odds are multipliers, so if you want to calculate the potential prize of a bet before deciding to place it or not, you need to multiply your potential stake, like €100 as in the examples above, and multiply by the odds available.
Market odds will change according to several factors including, but not limited to: news about injuries, suspensions, squad rotation, weather, and parallel results in the same tournament.
This system is more popular among recreational bettors than professional bettors. The reason why Asian Handicap is more popular with advanced bettors is related to how bookmakers focused on taking big professional bets work to offer big betting limits, so it’s a business model-related decision.
