Guide to Understanding Win-Draw-Lose Bet with MNL168

Win-Draw-Lose Bet is a popular choice for many beginners when participating in sports betting. So, what makes this type of betting so appealing to new players? Let MNL168, your trusted online casino, guide you on how to read and master this type of bet.

What is Win-Draw-Lose Bet?

For sports betting enthusiasts, Win-Draw-Lose Bet is no stranger. This football betting option is also known as the 1×2 bet or European odds. It is one of the three most popular football betting options today, attracting a large number of players.

According to seasoned bettors, if you are a beginner, the 1×2 bet is an excellent choice for practice. When participating, players have three options: Win, Draw, or Lose. The winning probability for the European odds is currently 33.33%.

The winning probability of the Win-Draw-Lose Bet is lower compared to Asian odds or Over/Under bets (both at 50%). However, this type of bet clearly shows the advantage of the stronger team over the weaker one, especially in matches where there is a significant difference in strength between the two teams.

For example, if you participate in a match between the top-ranked team and the bottom-ranked team, the top-ranked team is likely to have a stronger will to win due to their strong lineup and need for points to compete for the championship. On the other hand, the bottom-ranked team is usually weaker or in poor form.

In such cases, the top-ranked team is often rated higher in terms of winning probability. Therefore, placing a bet on this team increases your chances of winning.

How to Read 1×2 Odds

When participating in sports betting, the first thing you need to know is how to read the odds. Simply put, this is how to understand the payout ratio for each betting option in a match. Reading Win-Draw-Lose Odds is straightforward and not complicated.

When looking at the European odds table, you will see the notation 1×2. Here’s what they mean:

1: Corresponds to the betting odds for the home team to win. If you bet on this option, you win if the home team wins. If the result is a draw or a loss, you lose your bet. X: Corresponds to the betting odds for a draw between the home team and the away team. If you bet on this option, you win if the match ends in a draw. If either team wins, you lose your bet. 2: Corresponds to the betting odds for the away team to win. If you bet on this option, you win if the away team wins. If the result is a draw or a loss, you lose your bet.

For example, in a match between Chelsea and Arsenal with odds of 1:2:3, the Win-Draw-Lose Odds would mean:

Chelsea is the home team and the stronger side. The payout ratio if Chelsea wins is 1:1.
Arsenal is the away team and the weaker side. The payout ratio if Arsenal wins is 1:3.
If the match ends in a draw, the payout ratio is 1:2.

3 Tips to Master European Odds

It can be said that the 1×2 bet makes it easier for players to choose their betting options. However, not every bettor knows which option to choose. Sometimes, you may feel confused when two teams are evenly matched.

To increase your chances of winning with Win-Draw-Lose Bet, here are some tips:

Research the Teams: Evaluate the lineups of both teams to see which one is stronger and has more star players. Also, assess the current form of each team to make an informed decision.
Bet on the Stronger Team: In football matches, the stronger team doesn’t always win. However, in matches with a significant gap in strength, betting on the stronger team increases your chances of winning.
Prioritize the Home Team: This is a great strategy for matches where both teams are evenly matched. The home team is often more familiar with the field, saves energy better, and has more supporters compared to the away team, which may have to travel long distances.

Conclusion

Win-Draw-Lose Bet offers a higher chance of winning for bettors. Therefore, get familiar with European odds before diving into other types of football betting. Don’t forget to register an account at MNL168 to enjoy countless amazing offers and promotions! Join us today and elevate your sports betting experience.