1xBet odds

Odds represent an element in the structure of the functioning of the bookmaker’s office 1xBet. They act as multipliers reflecting the degree of probability of the outcome of an event according to the estimates of experts of the betting organization.

Understanding the nature of odds and the ability to interpret them are important skills for a bettor seeking to achieve results in the gaming industry. Odds, in conjunction with the size of the bet, determine the reward for predicting the outcome of an event.

Peculiarities of odds formation in the 1xBet system

1xBet odds

In the context of 1xBet, the odds is an expression that defines the degree of probability of the outcome of an event.

The process of setting odds at 1xBet is carried out by the bookmaker’s department based on analyzing factors including:

1. Team or athlete uniforms
2. History of meetings of the participants of the competition
3. Position of the teams
4. Performance statistics in arenas and matches
5. Information on player injuries
6. Conditions (for outdoor competitions)
7. Data that could affect the outcome of the event

There is a correlation between the value of the odds and the probability of the outcome: the higher the odds of the outcome, the lower the probability of its occurrence predicted by the analysts of the bookmaker’s office.

Methodology of calculating winnings by odds in the 1xBet system

Methodology of calculating winnings by odds in the 1xBet system

To calculate the winnings at odds in the bookmaker’s office 1xBet, you need to perform a sequence of actions:

1. Determining the size of the bet: The user must decide on the amount they are willing to invest in the bet. For illustrative purposes, let’s look at an example with a bet amount of 10€ (15$).
2. Choice of outcome and odds: Suppose the user bets on Team A winning the match with odds 2.2.
3. Calculation of winnings: The formula used for this is: Win = Bet Size * Odds In the example: Win = 10€ (15$) * 2.2 = 22€ (33$). Thus, if Team A wins, the winnings will be 22€ (33$).
4. Calculating the winnings: To determine the profit, the bet size must be subtracted from the winnings: Winning = Odds Winning – Bet Size = 22€ (33$) – 10€ (15$) = 12€ (23$)

Classification of odds in the bookmaker’s office 1xBet

Classification of odds in the bookmaker’s office 1xBet

To provide convenience for categories of users, the bookmaker’s office 1xBet offers the following formats of odds display:

1. Decimal (European) Odds: A format that represents odds as a fraction (e.g. 2.75). It indicates how many times the payout will exceed the bet if the bet wins.
2. American odds: Uses a system with values. A value (e.g. +180) indicates the number of winnings for a bet equivalent to 100 units. A value (e.g. -200) indicates how much you must wager to win 100 units.
3. British (fractional) odds: Odds are represented as a fraction (e.g. 6/4). The numerator indicates the winnings, and the denominator indicates the bet size.
4. Indonesian/Hong Kong odds: Differences from the decimal odds by one-to-one (e.g. 1.75 instead of 2.75). Displays the winnings without considering the bet amount.
5. Malay/Malaysian odds: Similar to the American odds, but shows how much you must wager to win a unit.

Examples of coefficients

Football odds:

Cricket odds:

Tennis odds:

Basketball odds: