We live in a society where greed and the desire to make as much money as possible is the new norm. In the sports betting industry, it is no different. Bettors are very rarely satisfied with a modest 1-0 or 2-0 day, while profiting a small amount. Instead, we have terms like “double bet” where bettors decide to risk more than they normal would on a single bet and try to increase the bankroll with one big payout. If they are successful in doing so, great. If not, the bankroll suffers a major hit and it’ll be much harder to make up the lost money. This is why bettors should tread carefully when thinking about making a “double bet”

1. What Does 1 1 2 Mean In Betting
2. What Does The Spread Mean In Football
3. What Does +100 Mean In Betting
4. What Does 1-2 Goals Mean In Betting

What does 'plus' and 'minus' mean as a sports betting term? Odds expressed in terms of money, with $100 being the standard. If the odds are minus (–), then that amount of money must be wagered. What does this mean exactly? Consider it like a fee to broker the wager so that between one winning bet cashing and another losing based on the same -110, the book will still end up ahead between the two.

What Does Double Bet Mean?

If you hear someone using the term “double bet” in reference to sports betting, you should probably clarify the context in which they are using that term. A “double bet” can mean two different things from two different people. One usage is more common in North America, while the other is seldom used here, but more common in Europe.

Let’s take a look at the North American meaning first. If you hear the term “double bet” used on this continent, it is referring to a bet in which the handicapper decides to double the amount of what they would normally bet. This is also known a “double pop” or pressing your bet. For example, if you normally bet $100 on a game and you absolutely love a game or team for whatever reason, you would “double bet” them and wager $200.

In other markets, a “double bet” is generally used to describe the simplest form of a parlay, which is a bet on two teams or individuals. In order to win this bet, you would have to pick both games correctly. The good thing about a parlay is that you can parlay just about any betting option you want – a point spread, the money line, totals and so on.

Are Double Bets Worth Making?

What Does 1 1 2 Mean In Betting

If we are talking the North American meaning of “double bet” then yes, making double bets are worth it when the situation asks for it. I am a big believer that bankroll management is crucial to surviving as a serious bettor. However, I understand the process of building your bankroll is gruelling, so I would support anyone who decides to make a “double bet” if they absolutely love the situation. Don’t get me wrong, every situation can turn into a disaster in the blink of an eye, which is why these “double bets” should be very infrequently made.

In the European sense of the meaning, then some “double bets” are much more attractive than others. For example, a money line parlay is a better bet in most cases than a point spread parlay. Money line parlays are calculated by multiplying the payouts of each individual game, so the total payout reflects the risk involved. If you are betting into money line odds that are good, the parlay payout will be good. With a point spread parlay, the odds are generally fixed and much lower than they should be. A two-team parlay has four possible combinations – you can win both games, win the first and lose the second, win the second and lose the first or lose both. Each outcome is just as likely to happen as the others. In order for you to break even over the long term with this style of bet, you would need to get 3/1 odds, instead of the typical 13/5 odds. Should you feel the need to “double bet” and indulge in the parlay option, you need to understand that you are making a bet in which the sportsbooks have a real significant edge, both at the present time and over the long term.

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The 1X2 bet, also known as match betting, full time betting or three-way betting, is a popular bet in soccer and is also found in other sports where a draw is a possible outcome. 1X2 may seem like a strange name for this bet, which can cause some confusion at first, but if you have bet on sports before then you have more than likely seen this betting option in action.

The 1X2 stands for the three outcomes possible in a game. The 1 is for an away team win, the X for a draw and the 2 for a home team win. The 1X2 markets do not provide any form of handicap, but instead the odds shown indicate the chances of each outcome occurring.

1X2 Bet Example

Here is an example of a 1X2 bet on an Premier League match from BetOnline.ag.

(1) Liverpool -208
(X) Draw +320
(2) Everton +290

What Does The Spread Mean In Football

As you can see a 1X2 bet is exactly the same as a typical moneyline wager with 3 possible outcomes. In this example Liverpool is a big favorite to win the game, while Everton is a big underdog.

1X2 Odds

Online sportsbooks will also offer double chance bets or no draw bets that reduce the number of possible outcomes from 3 down to 2. It is important that you perform calculations to find out if you will receive a higher return splitting your total wager among the 1X2 betting options or placing the double chance or no draw bets. Check out those pages to see the calculations.

What Does +100 Mean In Betting

1X2 Sports

What Does 1-2 Goals Mean In Betting

As mentioned before 1X2 bets can be found for any sport that has three possible outcomes (home win, draw, away win). Soccer is the most popular sport for 1X2 betting, but other sports where this 1X2 bets are available include hockey and rugby among others.