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Simple enough, the 12 meaning is related to wagering on the outcome of a particular game. In other words, your task is to predict whether the match finishes in a home win, away win, or draw. Moreover, ''1'' represents the home win, ''X'' stands for a draw result, and ''2'' refers to the away win.
For example, if you place a 1X2 bet on a match and choose 1, you're betting that the home team will win. If you select X, you're betting on a draw, and if you opt for 2, you're betting on the away team to win.