1xBet is a very prominent platform that has been operating worldwide for more than sixteen years now. It has an excellent reputation and is appreciated by bettors all over the globe for providing excellent betting services and offering its members unique promotions and bonuses on a regular basis. Besides, the company has an incredibly large sports collection, which is one of the reasons why it has become so popular. The company has also won the hearts of thousands of Nigerian bettors; it has been on the local betting market for more than ten years now and continues to amaze local punters to this very day. The site is quite user-friendly, and the company has even developed a mobile application for its members to profit from the platform on the go. With the rise of new technologies and innovations, local sports enthusiasts couldn’t help but give the new 1xBet platform a try. It is important to remark that the organization also provides numerous betting options and functions, permitting bettors to spice up their experience. These options are often coded and considered to have specific terminology. That’s why, in today’s article, we decided to analyze these terms and explore them with our readers.
Betting Terminology
Most betting companies providing online services use specific terminology that permits defining particular elements on the site. The 1xBet sportsbook, as well as those of other companies, also utilizes betting terminology for its features and betting functions. In order to correctly navigate and profit from the site, it is necessary to become familiar with these terms and learn their meaning. Otherwise, it will be very difficult to understand the platform’s functions and perform betting actions correctly. In order to make our readers aware of these specific expressions and lend you a hand in understanding them, we developed a short list of the most useful and popular terms on the 1xBet platform. Let’s check it out!
- Accumulator: Basically, an accumulator is a sort of wager that combines picks from multiple events into a single wager in order to increase winnings. This kind of bet can include up to 20 different selections.
- Bettor: A person performing any kind of betting activity on an online wagering platform.
- Dog: Often refers to the Underdog in betting, which is what a team that isn’t favored to win is called.
- Bookie: Licensed betting company that offers online sports betting services and allows users to place wagers on its platform.
- Limit: Stands for any restrictions imposed by the bookie, including the highest amount a bettor may place on a single event.
- Odds: The ratio that affects the size of a win’s return relative to the amount placed.
- Parlay: The same as an Accumulator, a type of bet that permits punters to combine different wagers in one bet slip.
- Wager: Synonym for “Bet.”
- Entry fee: The amount that is required for a bettor to enter a specific contest or game.
- Chalk: Stands for the team that has more chances of winning.
- Single: A single wager is one in which you bet on the outcome of a single event.
- Underdog: An underdog is a team or person who is thought to have a lower chance of winning.
Codes and Their Meanings
Now that we have analyzed the main 1xBet terminology, we may move on to the most interesting part, which is the code review. Sports betting sites adore using various combinations in order to refer to a specific term, which is very intriguing. However, these codes are not always easy to understand and require that they be learned or at least read before beginning to explore the platform. Many novice bettors get lost when entering the online sports betting industry since most of these codes are quite difficult to understand and remember. Besides, there is quite a large amount of them, so we recommend every 1xBet member take their time and get familiar with these codes. Let’s have a look at the list of codes and their meanings we developed for our readers.
1X2 | 1: Home team winsX: Draw 2: Away team wins |
1XDC | Home win/draw |
2XDC | Away win/draw |
OV2.5 | Over 2.5 |
OV0.5 | Over 0.5 |
UN2.5 | Under 2.5 |
UN0.5 | Under 0.5 |
Double Chance | 1X: The home team wins or drawsX2: The away team wins or draws 12: The home team wins, or the away team wins |
These are not all the codes accessible on the site. We only picked the most popular ones so that our readers get to know them.
Examples of Codes Usage
1xBet codes are not just basic terms. These codes stand for specific specific 1xBet features and options that permit members to spice up their betting experience or simply perform various betting actions. In a nutshell, codes are just simplified terms for betting markets that correspond to the different bets that can be placed on 1xBet events. These abbreviations are often misunderstood, but at the same time, they allow members to navigate the site in a more convenient way. There are so many various markets and options on the platform that the company conceived this method in order to facilitate users’ betting processes. Let’s have a look at the most popular usage of betting codes on the site and the characteristics of these codes as well.
1X2
Basically, the 1X2 code stands for an exciting betting market that permits members to place bets on one out of three match outcomes. This option is very appreciated by members who bet on sports with the possibility of a draw, which is why it has become prevalent among football enthusiasts. The first digit in the code, “1,” represents the winning of the home team, the “X” stands for a draw, and the “2” means the winning of the away team. As previously mentioned, 1X2 betting is the most popular when it comes to football wagering; for decades, countless players have regarded this market as a convenient option to wager on this specific sport.
Double Chance
The Double Chance betting market is also one of the most popular betting options on the platform. It is considered one of the most profitable ones since it permits punters to enhance their chances of winning. The definition of this market is relatively straightforward: you are essentially placing a wager on two of a match’s three possible outcomes. This type of betting doubles your winning possibilities and allows you to back the underdog in the event that you correctly anticipate the score of a match. This way, the Double Chance option permits members the highest possibility of winning.
Сorrect Score
Ever wished to forecast match outcomes and win money? Then this is precisely the betting market you need to spice up your experience. Correct score is a popular sort of wager in which the bettor’s ability to guess the exact correct score of a match determines its chances of winning. The rules are quite simple. The player wins the bet if their prediction of the outcome is accurate. Users can wager on the final result of a match during the first, second, or third halves. They can win their bets if the final score at the end of the match or at halftime is close to the wager amount.
First Half Bet
This type of wager isn’t very intriguing and doesn’t have anything special to propose, but it still attracts numerous bettors for its simplicity and convenience. Unlike typical bets, first-half wagers solely concern the outcome at halftime, which is when the wager will be recognized as a profit or a defeat. This is just a wager on which events will occur in the first half of the match.
Handicap
Handicaps are a trendy betting market on the platform since they concern the most well-liked sports on the site. In handicap betting, each pick in an event is assigned a “handicap” to surpass in order to win. In basic terms, it is a wager that benefits the underdogs by allowing them to begin the game one or more goals ahead. While this betting option is a prevalent practice in point-based sports like football, basketball, or tennis, it is also widely employed in sporting events involving horses.
Conclusion
While exploring the 1xBet website, we came across a substantial amount of terminology and codes, which we didn’t understand quite well at the beginning. But after doing some research, we have familiarized ourselves with the platform and mastered our understanding of the site’s specific expressions and definitions. All of these terms, which may seem strange or complicated at first sight, are simply abbreviations for various betting options on the platform, along with simplified names for betting markets. We found that shortening this kind of information is a very neat idea since it saves time and takes up some space on the website. After learning the meanings of these codes, members should not have any trouble navigating the platform and correctly placing bets. In this review, we covered most of the information concerning terms and codes on 1xBet, but if you still have some questions, please check the FAQ below.