1 1 Meaning In Betting

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In this article we introduce you to another interesting betting strategy which has become more and more popular throughout the last years. With this online strategy, you bet on the half-time result as well as the full-time result. You can find out how that works and how you can win those bets in the following paragraphs. Enjoy!

How does a half-time/full-time bet work?

If you saw these odds on a 1X2 betting coupon, they would look something like 1 – 2.00, X – 3.50, and 2 – 3.75. If you had a £10 bet on Manchester City to win at 2.00, you would get a total return of £20. If you had a £10 bet on the draw at 3.50, you would get a total return of £35. Prior to a game the favorite is normally posted at -1.5 runs and the underdog odds are listed at +1.5 runs. When live betting, depending on the score of the match, runs lines increase and/or.

A half-time/full-time bet is a special betting variant of the usual half-time bet, and belongs to the category double bets. The only difference is, that at these bets, you bet on BOTH the standing at half-time as well as the result after the full-time. This type of bet is very similar to scorecast/wincast betting.

Important: A half-time/full-time bet is only successful if you predicted the half-time standing AND the full-time result correctly. The only precondition of this bet is that the event has to be interrupted by a break.

Now a quick example of a bet and how the odds usually apply

  • For instance, fist-half score is 1-2. Apparently, TO 1 is going to win as 1+2=3 (31) 2) Teams score no goals in the second half: If the game ends with a draw, TU 1 wins (01) 3) One goal scored in the first half: So, it turns out that the score is equal to Total 1. In such a case, bookies cancel your bet or, in other words, calculate it with 1.
  • That means the -1 United handicap bet won. What happens if, in the example above if United were to win by a one-goal margin? Well if they had won 1-0, in accordance to the handicap the result would be 1-1. That causes the bet to not win because the handicap of -1 wasn’t covered.

The following table gives a visual overview of a half-time/full-time bet, and should help you to understand this betting strategy. The odds indicated in the table are realistic and show the differences between the 9 different outcomes of a game.

tiphalftimefulltimeodds
1/1home-team leadshome-team wins3,25
1/Xhome-team leadsdraw13,50
1/2home-team leadsaway-team wins28,25
X/1drawhome-team wins5,50
X/Xdrawdraw5,10
X/2drawaway-team wins10,25
2/1away-team leadshome-team wins23,50
2/Xaway-team leadsdraw13,75
2/2away-team leadsaway-team wins6,20

As a typical example we chose three bets from the German Bundesliga and decided on three different half-time/full-time bets.
The first bet is 2/1,where we bet on an Away-Team lead at half-time and a Home-Team win after 90 minutes. The second bet is as easy as it appears. We bet on a half-time Home-Team-Lead, and a Home-Team-Win at full-time – a classic 1/1-bet. In the third bet we guessed that the Home-Team would lead after 45 minutes, but in the end the two teams would draw.
Visit our German Bundesliga betting tips section where we give you a good insight into the most important games of the highest league in Germany, and provide you with information so you can place your bets in the best manner possible.

Which sports are good for halftime/fulltime bets?

The popularity of this betting form spreads out into almost every sport. As mentioned earlier, as long as the games are separated into (at least) two periods, you can bet on a variety of different sports.

Although football games are leading the way, other sports like rugby, American football or basketball have often been used for half-time/full-time bets. A special form constitutes ice-hockey games which, most people know, are separated into three thirds. Nevertheless, a few betting sites offer wagers where you can bet on the standings after the first, second or third in combination with the result after the full game. In our sports betting tips section you also get information about half time full time tips.

Can you make money with halftime/fulltime betting concept?

What does 1 mean in betting

These bets are most revered for their usually high odds. Bets on a team to lead at half-time but lose at full-time generally go hand in hand with odds between 20 and 30. To play half-time/full-time bets profitably, we suggest specialising on favourite wins.
As an example, look for games in which the favourite (Home-Team) diplay odds of about 1.50 to win. Then place two single bets. In the first you bet on 1/1. That means you bet on a Home-Team-Lead after 45 minutes and a Home-Team-Win after 90 minutes. As a second bet place an X/1-wager where the half-time standing can be a Draw, but in the end the Home-Team goes away with the win again. In this way you can gain the best profit out of these bets.
You can probably recognise that this strategy is, as described, the most lucrative. This is because, even if you guess every third bet wrong, you will still obtain money due to the high odds of the half-time/full-time bets. You can also try half-time/full-time betting as a system or yankee bet.

If you want to come out on top against the bookies it is vital that you understand the fundamentals. When it comes to sports betting there is nothing quite as fundamental as the odds that the bookies offer. Unfortunately, betting odds can prove very confusing. That’s especially true for people who are new to betting.

That’s where this article comes in. We’re going to explain exactly how betting odds work, how they are set and the differences in the ways they are displayed. After taking in all the information below, you will be much better equipped to set about making some profit.

1 1 Meaning In Betting

What Do Betting Odds Represent?

At their most basic, betting odds tell you two things:

  1. How much you stand to make should the selection win
  2. The probability of the selection winning

Take this example. If you were looking through the weekend Premier League fixtures and saw a team had fractional odds of 2/1 (that’s decimal odds of 3.0) you would know that you stand to win £2 in profit from every £1 that you stake should the team win. You’d also know that the bookmaker who set the odds ranks the team’s chances of winning as one in every three times the game is played.

If you saw a team had fractional odds of 8/13, you’d know that for every £13 you stake, you will win £8 or profit and that if the game was played 21 times in total, the bookies think the team would win 13 times and fail to win eight times (what is known as the implied probability).

Working out an implied probability percentage from fractional odds is simple. You just divide the stake by the combined sum of the two numbers which make up the fractional odds. In the case of 2/1 the equation looks like this:

1 / (2+1) = 0.33 or 33%

For odds of 8/13 this is the equation:

13 / (8+13) = 0.62 or 62%

That’s how the maths works but when it comes to the actual odds that bookmakers set, it’s a little more complicated.

How Do Bookmakers Set Their Odds?

The basic business model of a sportsbook is fairly uncomplicated. Bookmakers set the odds and take bets on an event. When that event ends they pay out everyone who backed the winner and then keep the rest for themselves.

But, consider the following horse race.

Meaning Of Ht/ft 1/1 In Betting

SelectionFractional OddsDecimal OddsImplied ProbabilityProfit From a £10 Bet
Horse 1Evens2.050%£10
Horse 23/14.025%£30
Horse 37/18.012.5%£70
Horse 47/18.012.5%£70

As you can see, the combined implied probability of the selections above is 100%. From a bookmaker’s perspective that is a big problem. That’s because, presuming they’ve got the same amount of liability on each selection, they’d never make any money as they’d have to collect and payout the same amount.

So, the bookmakers will build something called an overround into their odds. Here’s a real example of a match odds market from a football match:

SelectionFractional OddsDecimal OddsImplied ProbabilityProfit From a £10 Bet
Man Utd1/21.566.7%£5
Draw18/54.621.7%£36
West Ham13/27.513.3%£65

With an total implied probability of 101.7%, the bookmaker who set those odds is guaranteed to make a profit of 1.7% assuming that they have the same amount of liability on all three selections. Of course, it rarely works out that the bookies manage to spread their liability evenly but you need to know that when you look at a betting market you’re not simply looking at a reflection of how the bookies think the event will pan out. There’s much more going on behind the scenes.

Armed with this knowledge of how the bookmakers set their odds, you can concentrate on finding value. That is, finding a bet where you believe the odds (and therefore the implied probability) is too big. If the bookies think that a side has a 50% chance of winning but you think they’ve got a better chance than that, that’s value.

The Difference Between Decimal and Fractional Odds

You will have seen above that we’ve spoken about both fractional and decimal odds. They are just different ways of conveying the same information but they do add another layer of complexity.

All the major online bookmakers will shows their odds as both fractions and decimals so it’s important that you understand just what they are showing and how to switch between the two. Thankfully, it only requires simple maths.

To go from a fraction to a decimal is as easy as dividing out the fraction and adding one. Here’s how that looks for odds of 2/1:

(2/1) + 1 = 3.o

And using our second example from above, 8/13, it looks like this:

(8/13) + 1 = 1.62

If you want to go from decimal odds to fractional odds is similarly simple. You just minus one from the decimal odds, turn that number into a fraction and reduce it down to it’s simplest form.

Let’s take decimal odds of 4.5, this is the equation:

4.5 – 1 = 3.5
35/10 -> 7/2

If the decimal price is 1.25, you convert it into fractional odds like this:

1.25 – 1 = 0.25
25/100 -> 1/4

Here’s a list of some of the most common fractional odds and their decimal equivalents (for a more in-depth list click here).

Fractional OddsDecimal OddsImplied Probability
1/101.1090.9%
1/51.283.33%
2/51.471.43%
1/21.566.67%
1/1 (evens)2.050%
3/22.540%
2/13.033.33%
4/15.020%
9/110.010%
100/1101.00.99%

1 1 Meaning In Betting Line

Key Terminology

When reading betting advice or searching for a value bet on the bookies’ websites you’ll come across some key terms relating to betting odds. To round up our article on betting odds, we’ve covered the most widely used terms to ensure you don’t get confused in your search for winners.

Stake – The amount of money that you place (or wager) on a specific bet.

Price – The price of a bet is simply another way of referring to the odds. You can either say that a football team can be backed at odds of 2/1or that their price is 2/1.

Odds On & Odds Against – Two of the key terms that you’ll hear when it comes to betting odds are ‘odds on’ and ‘odds against’. These terms refer to whether a price is greater or lower than evens. Any price above evens is known as odds against, while anything below evens is odds on.

1 1 Meaning In Betting Line

Short and Long Odds – If something is described as being short odds it means the price is low. A long odds shot will provide you with a bigger win but is much less likely to win.