Definition of 1x2 Betting

What does the term "1x2 betting" mean in the world of sports betting? What is meant by the term "1x2 betting"?

In the world of sports betting, "1x2 betting" refers to the method of betting on an outcome of a game in which there are three different possible outcomes.

For instance, there are three outcomes in a standard bet on a football game - Team A wins, Draw or Team B wins. Let's give you an example:

Chelsea is playing host to Manchester United in English Premier League action - the line might look like this:

Chelsea 2.40 | Draw 4.80 | Manchester United 2.80

If you wanted to bet on Chelsea, you would say that you are betting on the "1" result. If you wanted a draw, you would bet on the "2" result. Or, if you wanted to bet on Manchester United, you would want to bet on the "2" result.

1x2 betting is indicated like this:

1 Chelsea 2.40 | X Draw 4.80 | 2 Manchester United 2.80

If there were three games that you wanted to bet on in a parlay and the lines looked like this:

1 Chelsea 2.40 | X Draw 4.80 | 2 Manchester United 2.80
1 Leicester City 1.95 | X Draw 3.50 | 2 Liverpool 2.80
1 Man City 1.65 | X Draw 3.95 | 2 Sunderland 5.50

So, if you wanted to bet on Chelsea, Liverpool and Sunderland, you would indicate your intentions like this:

1
2
2

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This is considered an "old-school" way of betting. Nowadays, with the advent of online betting, punters will just click on their selections and press a button.