{"id":2928,"date":"2021-12-08T10:08:54","date_gmt":"2021-12-08T10:08:54","guid":{"rendered":"https:\/\/www.newbettingsites.co\/?page_id=2928"},"modified":"2021-12-08T10:08:54","modified_gmt":"2021-12-08T10:08:54","slug":"what-is-a-win-1-2-3-bet","status":"publish","type":"page","link":"https:\/\/www.newbettingsites.co\/articles\/what-is-a-win-1-2-3-bet\/","title":{"rendered":"What Is A Win 1-2-3 Bet?"},"content":{"rendered":"
Bookmakers exist in an extremely competitive market. They are always trying to come up with ways to get one over on one another in the sense of winning customers, exploring different bet types to persuade punters to place their wagers with them instead of their competitors. One such example a relatively new market is the 1-2 bet, sometimes even being stretched to be a 1-2-3 bet. In essence, it\u2019s a bit like an Each-Way wager, but instead of having to pay double the stake, punters are offered lower odds for a win in a single bet.<\/p>\n
To put it another way, where an Each-Way bet would ask you to pay double the stake and essentially break your bet up into two bets, one for a Win and one for a Place, 1-2 bets look to keep things simple and only take one stake but pay out on a similar number of places. If your chosen horse finishes first or second, or first, second or third if you opt for a 1-2-3 bet, then your wager will be a winner. It allows you to put your entire stake on the horse doing what you want it to, rather than splitting your stake in half.<\/p>\n
If you feel hugely confident about the selection that you\u2019ve made winning the horse race that you\u2019re betting on, it makes sense to place a wager on the straight Win option. In a lot of cases, however, people are not all that confident that their selection will do what they want it to do. When this is the case, they toy with placing an Each-Way bet instead of a Win one, simply because this gives them a little bit of cover if their horse slightly underperforms and ends up just missing out on the top spot, finishing in the places instead.<\/p>\n
An alternative to an Each-Way bet is the 1-2 wager, which can usually be found as an alternative market on a bookmaker\u2019s page. It is essentially the same as taking out an Each-Way wager that only pays if your horse finishes first or second, or first, second or third in the case of those that opt for the 1-2-3 bet. The big different is that it remains one wager, rather than being split into two bets. The reason this is good news is that it only requires one stake, with the bookie making their money by offering lower odds.<\/p>\n