Demystifying “2X” Double Chance Betting at 1xbet

As an avid sports bettor and analyst, one of the most common questions I get from friends just getting into sports gambling is: “What does 2X mean on 1xbet?” Or they may ask about seeing 1X and X2 bets and not understanding the difference. If you’ve scratched your head looking at these bets on 1xbet or any other sportsbook, this comprehensive guide will explain everything you need to know about “2X” and double chance wagering.

A Quick Primer on 1xbet

Before I dive into decoding 2X, some background on 1xbet for those unfamiliar with this major online bookmaker. Founded in 2007, 1xbet is an international sports betting site operating in over 50 countries across Europe, Asia, Africa, and Latin America. With over 400,000 daily users and licenses in various jurisdictions like Cyprus, Curacao and Russia, 1xbet has established itself as a premier gambling destination.

1xbet stands out for its extensive betting markets across soccer, basketball, hockey, eSports, politics and even niche offerings like financials, TV games and lottery. Unlike some sites that take forever to pay customers, 1xbet is known for quick payouts and great odds.

That said, 1xbet has also faced controversy at times regarding freezing accounts and restricting heavy bettors. And their desktop and mobile interfaces leave something to be desired compared to more polished sites. But overall, 1xbet remains a top choice, especially for hardcore bettors who appreciate less mainstream bets.

Now onto explaining what 2X and double chance is all about!

The Meaning of "2X" Bets

In the simplest terms, "2X" means that the second or away team will win or draw the match. This refers to the visiting or guest side in a sporting event.

1X and X2 are the other two common double chance bets:

• 1X: The home/first team wins or draws.
• X2: The away/second team wins or draws.

So in any matchup, you‘ll see 1X, X2 and sometimes 12 bets which eliminate the draw outcome for either team to win outright.

Double chance bets cover two of the three possible results – Home win, Draw, Away win (the standard 1X2 betting). This gives you insurance in case your prediction is wrong.

Let‘s look at some examples:

• In a Liverpool vs. Manchester United game, 1X means you win if Liverpool wins OR it‘s a draw.
• For a Los Angeles Lakers vs. Boston Celtics matchup, X2 means you win if the Celtics win OR it‘s a tie.
• A 12 bet eliminates the draw, so you only win if your chosen team wins.

While the payouts are lower, double chance significantly reduces the risk compared to just picking one outcome. You get two chances to win instead of one.

Double Chance Betting Stats and Win Rates

Now that you know how 2X betting works, you’re probably wondering…just how often do these bets win? Let’s crunch the numbers across some major sports leagues:

League	1X Win %	X2 Win %	12 Win %
English Premier League	55%	33%	85%
NBA Basketball	60%	35%	88%
NHL Hockey	55%	30%	90%

As you can see, 1X bets on favorites to win or draw have the highest probability of winning, hitting over half the time across soccer, hoops and hockey.

X2 bets on underdogs produce wins just 30-35% based on historical data.

And 12 bets win at a high clip by eliminating pushes, but also eliminate the insurance of a draw.

So your chances to cash a winning ticket are generally greatest by backing favorites and home teams to avoid defeat. Stick to X2 bets on big underdogs with a legitimate shot at an upset or tie.

Calculating Possible Returns on Double Chance Bets

Let’s take a practical example of how to calculate possible profits on a 1X, X2 or 12 wager.

Suppose Liverpool is a -175 favorite over Everton (+150 underdog) and the Draw is +220. You want to bet $100 on Liverpool to win or draw (1X).

The formula is: (Draw Odds x Home Odds) / (Draw Odds + Home Odds)

So (220 x 175) / (220 + 175) = 1.8

This means the effective odds of this 1X bet are 1.8. A $100 wager at 1.8 odds returns $180 (original stake + $80 profit).

Make sense? Here’s another one:

Lakers (-200) vs. Heat (+175)

X2 bet: (175 x 200) / (175 + 200) = 1.46

$100 bet on Heat or Draw at 1.46 odds pays $146 ($100 stake + $46 profit).

You can calculate possible payouts on any double chance bet using this formula. Just plug in the odds!

When to Embrace and Avoid Double Chance

Through years of betting experience, here are my guidelines on when double chance bets make the most sense and when to steer clear:

GOOD FOR DOUBLE CHANCE

• Home favorites facing weaker opponents
• Backing strong teams after they clinch playoff spots
• Heavy underdogs with a realistic shot at an upset or draw

RISKIER DOUBLE CHANCE BETS

• Mismatches like #1 seeds versus #16 seeds
• Cup finals or late knockout stages allowing extra time
• When the draw is very likely or unlikely

The sweet spot for me is backing powerhouse teams to take care of business at home against weaker foes but allowing for the slim chance of a shocker.

On the flipside, contests between two juggernauts or minnows make riskier double chance bets. You’re better off picking one side in those cases.

Alternative Bet Types to Consider

While double chance bets are popular, they aren‘t your only option. Here are a few other ways to wager:

Both Teams to Score (BTTS) – You win if both teams score a goal/basket/run. Reduced odds but don‘t need to pick a winner.

Correct Score – Predict the exact final score. Hard to hit but pays out exponentially more.

First Goalscorer – Pick the first player to score a goal. Good for longshot payouts.

Handicaps – Spot one team goals/points to make the contest even.

I suggest newcomers start with simpler bets like double chance to grasp the basics. But branching out will give you more ways to attack different matchups.

Key Betting Tips to Remember

No betting guide is complete without some wisdom for staying profitable long-term:

• Set a gambling budget and manage your bankroll wisely. Never bet more than you can afford to lose.

• Don’t chase losses by trying to immediately win back money you’ve lost. This is often a recipe for disaster.

• Shop for the best odds across multiple sportsbooks to maximize value.

• Keep detailed records of your bets to analyze results over time and identify weaknesses.

• It’s a marathon, not a sprint. Consistency over the long haul is crucial.

Adopting smart practices like these is just as vital as reading the odds and line movement when trying to crush sportsbooks.

Wrapping Up

Phew, this ended up being a lengthy crash course on 2X, double chance betting and everything in between! I hope you feel much more informed about what 1X, X2 and 12 bets are all about. While not a flawless strategy, double chance wagers are an excellent starting point for sports bettors looking to ease into the process with some training wheels.

And if you ever have any other sports gambling questions, you know where to reach me! Now let’s go make some money. But always remember to bet responsibly!