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Betting markets explained – match odds, goals and more

A betting market is simply a prediction on something that can happen in a match. It could be who wins, how many goals are scored, or even how many cards are shown. Understanding markets helps you choose bets that match your analysis, not your emotions.

Match result (1X2)

The Match Result market, also called 1X2, is the classic three-way bet:

1 = home team to win

X = draw

2 = away team to win

It’s the most popular market, which means bookmakers often price it tightly. If you’re unsure who will win, there are smarter alternatives.

Goals and totals (Over/Under)

Instead of predicting who wins, you can bet on goals or points.

Over 2.5 Goals wins if there are three or more goals.

Under 2.5 Goals wins if there are two or fewer.

Totals suit punters who study tempo, form, and conditions. In rugby, weather has a big impact, rain often pushes totals Under. In football, two attacking sides on a dry pitch often favour the Over.

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See also: Over/Under Betting Explained

Both teams to score (BTTS)

BTTS focuses purely on whether both sides score at least once. It’s useful when you expect action at both ends but don’t want to pick a winner.

Handicap betting

Handicaps balance uneven match-ups.

Favourite –1.5 must win by two or more.

Underdog +1.5 wins the bet if they win, draw, or lose by one.

Handicaps are popular in rugby and football because they offer fairer odds than Match Result.

Alternative markets

These markets give more options depending on how you read the game:

Double Chance: covers two outcomes (win or draw).

Draw No Bet: removes the draw, stake refunded if it ends level.

Winning Margin: predict the exact gap (ideal for rugby).

Correct Score: big odds, high risk.

Related: What is a value bet – The secret to long-term wins

Prop bets (player and match events)

Props are bets on specific events, such as:

Football: corners, cards, first goal-scorer

Rugby: first try-scorer, team to score first

They offer entertainment but are unpredictable, use them sparingly.

Live betting (in-play markets)

During a live match, odds shift as events happen. You can bet on next goal, next try, or updated totals. Live betting rewards quick thinking and discipline, not impulse decisions.

Choosing the right market

Play to your strengths:

Good with tempo and stats? Totals (Over/Under) may suit you.

Strong on tactical reads? Match Result or Handicap can be better.

Enjoy analysing player impact? Props could add value.

You don’t need to use every market, master a few and focus on finding value.

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