If you are new to online betting, you might be confused about the many types of betting markets available. In simple terms, a betting market is a type of bet you can place on an event, and there are different markets based on the type of sport or game. In this article, we will take a closer look at the different betting markets on 1Xbet, one of the most popular platforms for placing bets in India. Whether you are betting on cricket, football, or any other sport, understanding these markets is key to making informed betting decisions.

What are Betting Markets?

Before we get into the specifics of betting markets, it is important to understand what a betting market is. A betting market is simply a place where you can place bets on a particular outcome of a game or event. In a betting market, you will find different options, each with its own odds and potential payout. The odds represent the probability of a particular outcome happening, and they are set by the bookmaker based on various factors like team performance, player stats, and more.

When you visit 1Xbet, you will see various betting options for every sport and event. These options allow you to bet on the outcome of a game, such as which team will win, how many goals will be scored, or how many runs a batsman will make in a cricket match.

Types of Betting Markets on 1Xbet

Match Winner Market

One of the most common and easiest types of bets is the Match Winner market. This market allows you to bet on which team will win a game or event. For example, in a cricket match between India and Australia, you can bet on either India or Australia to win. This market is popular because it’s simple to understand and can be placed on almost any sport.

Over/Under Market

The Over/Under market is a type of bet where you predict whether a certain statistic will be above or below a set number. This could include the total number of runs in a cricket match or the total number of goals in a football game. For example, in a football match, you can bet on whether there will be more or fewer than 2.5 goals scored. If you think the match will have three or more goals, you would bet on “Over 2.5”.

This type of bet is very popular in sports like cricket, football, and basketball, where the focus is on total scores or points rather than just picking the winner.

Handicap Market

In the Handicap market, one team or player is given an advantage or disadvantage in order to level the playing field. This is useful in sports where there is a clear favourite, as it makes the betting more exciting and balanced. For example, in a cricket match between India and a much weaker team, India might be given a -1.5 handicap, meaning they need to win by at least two wickets or runs for your bet to win.

On the other hand, the weaker team could be given a +1.5 handicap, meaning they only need to lose by one wicket or run for your bet to win. This type of market is commonly used in cricket, football, and basketball.

Odd/Even Market

The Odd/Even market is another simple betting option where you predict whether a particular statistic, like the total number of runs or goals, will be an odd or even number. For example, if you are betting on a cricket match, you can place a bet on whether the total number of runs will be odd or even. This is an easy and fun way to place bets on a game, and it is popular in both cricket and football betting.

Correct Score Market

In the Correct Score market, you bet on the exact final score of the game. For example, in a football match between India and Pakistan, you could place a bet on India winning 2-1 or Pakistan winning 1-0. Correct score betting is more challenging because it requires you to predict the exact outcome, but the potential payout is usually higher due to the difficulty of the bet.

Double Chance Market

The Double Chance market gives you more chances to win by allowing you to bet on two possible outcomes instead of just one. In this market, you can bet on either team to win or for the match to end in a draw. For example, in a football match between India and England, you can bet on India winning or the match ending in a draw, or you can bet on England winning or a draw. This market reduces the risk and increases your chances of winning, but the odds will be lower compared to betting on a single outcome.

First Goal Scorer Market

The First Goal Scorer market is a fun bet, especially in football. In this market, you place a bet on which player will score the first goal of the match. It’s a popular bet in football, as it adds an extra level of excitement to the game. The odds for this market will depend on the player you choose, with star players like Cristiano Ronaldo and Lionel Messi often having lower odds due to their high chances of scoring first.

Total Goals Market

In the Total Goals market, you predict the total number of goals scored in a match. This can be for the entire game or for just one half. For example, in a football match, you can bet on whether the total number of goals scored will be over or under a certain number, such as 3.5 goals. This market is popular because it focuses on the total number of goals, not who wins the match.

Team to Score Market

The Team to Score market is another popular option where you bet on whether a specific team will score in the match. This can be a good bet if you believe one team will dominate the game and the other team might struggle to score. For example, in a cricket match, you can bet on whether a particular team will score over a certain number of runs or wickets. This market is also used in football for betting on whether a team will score at least one goal.

Outright Winner Market

The Outright Winner market is a long-term bet where you predict the winner of a tournament or league. For example, in cricket, you can bet on which team will win the IPL or the ICC World Cup. This type of bet is placed before the event starts, and it can have higher odds because you are predicting the winner of a long competition instead of just one game.

How to Choose the Right Betting Market?

Choosing the right betting market depends on your knowledge of the sport, the teams involved, and your personal preferences. It’s important to research the teams, players, and recent form before placing a bet. For example, if you are a cricket fan, you might prefer betting on the number of runs or wickets in a match rather than the overall winner. Similarly, if you are more into football, you might focus on the over/under market or the first goal scorer market.

It’s also a good idea to use multiple markets in combination. For example, you can place a bet on the match winner and also on the total number of goals or runs scored. This gives you more chances to win and adds more excitement to the game.

Conclusion

Understanding the different betting markets on 1Xbet is crucial if you want to make informed decisions when placing your bets. Each market has its own unique characteristics, and it’s important to choose the one that fits your knowledge and style of betting. Whether you are betting on cricket, football, or any other sport, there are plenty of options to choose from. By understanding how each market works, you can increase your chances of winning and have more fun while betting.

Remember to always bet responsibly, and don’t get carried away with chasing losses. Betting should be fun, and with the right knowledge, you can enjoy the experience while making smarter bets on 1Xbet.