All about the main types of bets on 1xBet Canada

1xBet online is a well-known platform in the world of online betting, providing Canadian users with a wide range of options to personalize their betting experience. There are over 48 sports disciplines to bet on at 1xBet Canada and numerous betting markets — everything you need for a profitable session. 

However, if you are new to sports betting, understanding the basic bet types on the platform – singles, accumulators, and system bets – is the first step you need to take. Each bet type has its own set of rules and potential advantages, catering to different betting preferences. This introduction will walk you through these betting options, equipping you with the knowledge to make more confident and informed choices.

What is a Single Bet?

A single bet is the simplest and most straightforward form of sports betting. It involves placing a wager on the outcome of a single event or match. To win a single bet, the prediction you have made must be correct. For instance, you might bet on a specific football team to win a match or a tennis player to win a set. The simplicity of this betting type makes it an ideal choice for beginners and those looking to minimize complexity in their wagering.

Advantages: 

• Simplicity: Single bets are easy to understand, making them beginner-friendly.
• Lower Risk: Since your wager is tied to the outcome of just one event, the risk is relatively lower compared to other bet types.
• Predictability: With fewer factors to consider, you can concentrate your analysis on one game or event, improving your chances of making an informed decision.

Disadvantages: 

• Lower Returns: While the risk is lower, the potential payout from single bets is often smaller compared to multi-bet options like express or system bets.
• Limited Opportunity for Combined Gains: Unlike accumulator bets, single bets don’t allow you to combine multiple predictions to multiply your potential winnings.

Understanding Express Bets 

Express bets, also referred to as accumulator bets, combine multiple individual bets into a single wager. To win an express bet, all individual bets within the accumulator must succeed; if even one prediction is incorrect, the entire bet is lost. This type of betting is popular among bettors looking to amplify their potential winnings, as the payouts from each event are multiplied, leading to significantly higher returns compared to single bets. However, the increased risk of losing makes express bets appealing primarily to those willing to gamble with greater uncertainties.

Pros:

• Higher Potential Payouts: The cumulative multiplication of odds allows bettors to win much more compared to single bets.
• Enjoyment and Excitement: For many bettors, the thrill of watching multiple events unfold adds an extra layer of excitement to express betting.
• Flexibility: Bettors can combine different sports or markets into a single bet for more varied predictions.

Cons: 

• Higher Risk: If even one part of the accumulator doesn’t go as predicted, the entire bet is lost.
• Less Margin for Error: The more events included in the bet, the greater the difficulty of achieving success.
• Complexity: Managing and analysing multiple events effectively can be challenging, especially for beginners.

How to Calculate Winnings for Express Bets 

The winnings for an express bet are calculated by multiplying the odds of each individual selection in the accumulator. For example, if you select three events with odds of 2.0, 1.5, and 1.8, the total odds are calculated as 2.0 × 1.5 × 1.8 = 5.4. By multiplying these total odds by your stake, you can determine your potential payout. However, remember that all selections must win for these winnings to be realized, so it’s vital to carefully consider each event in your accumulator.

Explaining System Bets 

A system bet allows for a more flexible approach compared to an express bet. Instead of requiring all selections to win, a system bet is a combination of multiple accumulators, which means you can still receive a payout even if some of your selections do not win. For example, in a “Trixie” system bet, you make three selections, which are combined into four separate bets—three doubles and one treble. The exact structure of a system bet depends on the number of selections and the type of system chosen. While system bets offer a higher likelihood of winning, the potential payouts are usually smaller compared to express bets, as the risk is spread across multiple combinations.

Key Differences Between Express and System Bets 

The primary distinction between express and system bets lies in the risk and reward balance. Express bets require all selections to win, providing the potential for higher payouts, but at the same time carry a greater risk of losing. On the other hand, system bets allow for some flexibility, as not all selections need to be correct for a return to be achieved. 

This results in a reduced risk compared to express bets but also generally leads to lower payouts. Deciding between an express and a system bet depends on your betting strategy, risk tolerance, and the level of confidence you have in your selections.

Tips for Choosing the Right Bet Type 

Selecting the appropriate bet type can greatly influence your betting experience and outcomes. Here are some tips to help you make an informed decision:

• Understand Your Goals: Determine whether your aim is to maximise potential payouts or minimise risk. This will guide you toward either express or system bets.
• Assess Your Budget: Consider how much you are willing to stake and potentially lose. Riskier bets like express options might not be suitable for smaller budgets.
• Evaluate Your Selections: Analyse the likelihood of success for your chosen outcomes. Express bets work better if you are confident in all selections, whereas system bets allow for some margin of error.
• Consider Frequency of Betting: Occasional bettors might prefer high-reward express bets, while regular bettors may lean toward the more consistent returns of system bets.
• Leverage Statistical Insights: Use data and trends to assess the probability of your selections, improving your chances of making an informed choice.
• Experiment Carefully: If unsure about which bet type suits you best, start with smaller stakes to test both options before committing larger amounts.

Conclusion

1xBet offers a comprehensive range of betting options, including single bets, express or accumulator bets, and system bets. Understanding these bet types, along with their associated pros and cons, can help you make more confident and informed decisions. Whether you are a beginner or an experienced gambler, each bet type has its own unique approach to wagering, tailored to different risk tolerance and return-seeking strategies. By carefully considering your goals, budget, and selections, you can optimize your betting experience and increase your chances of success.