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1X2 Odds Explanation And Determination
By far, 1X2 betting is the most popular bet type among the new and experience punters. 1X2 odds
is easy understand and straight forward where punter predict the outcome of a game.

I am pretty sure that any punter will start off their betting journey with 1X2 odds and follow by
other most complicated bet types. However there are something that you should know about 1X2 odds, as it reflects the probability of the each outcome in a game which explains so well that the lower odds have better chance of winning and higher odds is harder to occur.

How do sports bookies set the 1X2 odds value for "Home win", "Draw" and "Away win" ?

This is an easy question but not many punters can answer it.

A common method of forecasting the outcome of a game is to look at the previous match results during the current season and perhaps last season too in order to estimate chances of a result.

By cross referencing the "home form" of the hosts with the "away form" of the visiting team we can calculate a rough guide to the game.

Example :
Assume the home team last 10 games result are 7-2-1 and away team last 10 games result are
1-3-6

Derives from above data:

Calculate the 1X2 winning odds for Home
Sum up the Home team's win and Away team's lose / 20 * 100
= (7 + 6) / 20 * 100
= 13 / 20 * 100
= 65

Take 100/65 = 1.53

Calculate the 1X2 winning odds for Draw
Sum up the Home team's draw and Away team's draw / 20 * 100
= (2 + 3) / 20 * 100
= 5 / 20 * 100
= 25

Take 100/25 = 4.00

Calculate the 1X2 winning odds for Away
Sum up the Home team's lose and Away team's win / 20 * 100
= (1 + 1) / 20 * 100
= 2/20 * 100
= 10%

Take 100/10 = 10.00

Bookies will set the 1X2 odds based on 1.52 - 4.00 - 10.00 for this match.


Tips : Now you have the idea of how 1X2 odds was pre-determined and you shall continue to Conversion of 1X2 to winning %
 

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Winning Probability Of 1X2 Odds >>

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