Where to Find Products by 1x2 Gaming Provider?

Although the top 1x2 gaming casino is a relatively recent development, more and more online casinos are starting to offer this type of game. If you are a fan of 1x2, it shouldn’t be hard to find a decent online casino that offers products by 1x2 Gaming.

However, if you don’t know which online casino to pick, here is a short list of reputable casinos that have picked 1x2 Gaming to provide their players with top-notch games:  BetOnline, 888 Casino, 888 Poker, Mr Green, PlayAmo, and 32Red.

Betting on 1x2 Games: Do You Need to Know the Odds?

Although many people think that to bet on a game successfully, you need to know the odds, which isn’t always the case. Of course, knowing the odds is always beneficial, but it isn’t a requirement.

Why? Well, in many cases, you can bet against the casino for a negative expectation—bet on a game that is expected to lose over time. Although this might sound counterintuitive, it makes sense once you understand how betting odds work.

You see, the casino’s profit comes from the house edge, which is defined as the difference between the payout and the stake, divided by the payout. As an example, if you receive 20% of your stake as a payout when you lose and you bet $10, then the house edge will  be -10 / $10 = -1*10% = -1%, meaning that the casino makes 1% of your bet in profits for every game you play.

If a game has a 50% chance of winning and a payout of $15 when you win, then the expected value of your bet is $7.50. This means that for every $7.50 you wager, the casino will pay out $15, which adds up to a profit of $7.50 - $15 =  -$8.00, which is equal to the house edge of 0.08% (= 8% / 500).

The same calculation can be done with betting odds. Assuming that you pick the underdog, which has a 50% chance of winning and a payout of $15 when it wins, the expected value of your bet is $7.50, which is calculated as follows:

(.5*15) - (15*(.5-.5)) = 7.5

This means that the odds of 150 represent an 8% expected loss, which is equal to the house edge. Of course, the casino still has a house edge even if you bet against the 1x2 game, but it’s smaller because you’re essentially balancing out your losses with the profits from other games that have a positive expectation.

How to Bet on 1x2 Games

Thanks to the evolution of online casino technology, it’s easier than ever to bet on 1x2 games. All you need to do is click on the “play” button and choose between the “bet” and “fold” buttons when the dice roll occurs. The play button will automatically pick one of the two options based on an algorithm.

However, if you want to have a deeper understanding of how the process works, we have included a short guide below that explains  how to place a bet on a 1x2 game.

 

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