1X2 betting explained: how the three-way football market works

1X2 is the standard three-way football betting market: 1 = home win, X = draw, 2 = away win. It is the most liquid football market globally, which means bookmaker pricing is highly efficient on popular matches — and less efficient on lower-profile fixtures where sharp money is absent. AI prediction models generate 1X2 probabilities from the Poisson correct score matrix and compare them to the bookmaker's implied probability after de-vigging to find expected value.

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