1×2 Betting Explained SportsBet Nigeria
What is 1×2 Betting?
1×2 Betting in Nigeria is probably the most popular way of betting. Also called three-way betting, this is a betting type where you bet on either a home team win (1), a draw (x) or a an away team win (2). Here, we explain what 1×2 Betting is and how to calculate your possible betting profit.
How do I win with 1×2 Betting Nigeria?
When placing a 1×2 bet, you will place a bet on one of the teams, or players either winning or losing. So if you place a 1000 naira bet on the home team wining (you are betting on “1”) you will win the odds that the bookmaker provides on the game.
In a 1×2 bet, there are three outcomes of the game – home win, draw, or away win. You will win if you guess the right outcome.
How much do I win?
This will depend on the odds the bookmaker is giving for the game. To calculate your payout, use this formula:
Odds x Stake = Payout
If you bet 1000 Naira on a game (for example that home team Bayern Munich beats Juventus) where the bookmaker has odds of 2.5 for the option “1” your winnings will be:
2.5 x 1000 = 2500 Naira
Compare odds and margins
Now that you know how to calculate possible winnings in a 1×2 Betting game, you know what you are betting for. Remember that different bookmakers and exchanges offer different odds, so do your best to compare the bookies (which is short for bookmakers).
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