Here is how to learn what is double chance in betting. A double chance bet is another way for you to win some money by improving your odds.
Double chance bets are offered in a sports event and by bookmakers. Follow this guide to learn more about double-chance betting.
What is Double Сhance in Sports Betting?
Double chance betting is when you can bet on two possible outcomes of a sport out of three. Sometimes it can involve betting on which team wins or who can play for longer. These two outcomes are the main outcomes, but they will increase the chance of winning instead of a single bet on a single event.
Double Chance 1X
A double chance bet is divided between different outcomes. This is when you bet on the first team to win or draw, which can be the home team. The home team can also be made of players which you can place a double chance bet on too.
Double Chance 2X
This is when you place a bet on the second team to win or draw. This could be the guest team or the away team during a decisive match. Only one bet is normally placed on the team but winning increases if you bet more. The draw option ensures the away win will still reward you.
Double Chance 12
This is when you place a bet on both teams to win. Both of the teams have to win a match in order for the bet to profit, with two separate matches happening. The winner will be rewarded more money since there are two chances that must be completed. There are more risks but more profit in turn. If you ever find Australian no deposit bonus codes, these can give you free money to at least give it a go.
Best Strategy for Double Chance Bet
The best way to judge if this betting will work is by looking at the three outcomes. Most bookmakers will offer statistics on all of these players to see which one has high odds. This will also help you out in seeing which team has the most risk. For example, a home win could provide the best bets as they are the least likely to lose. The team has won many games, and they always play exceptionally well. The double chance, meaning you can also bet on the draw, is an advantage. Both a win and a draw provide two strong chances instead of just haphazardly betting on multiple aspects.
You can view a lot of different statistics to see which is most likely to win. Many bookmakers will have a lot of different stats available to view. This includes the chances of extra time happening or which players make up a team. Is there a handicap to worry about that could make them lose? These answers can be found before any match even starts.
What Does Double Chance Mean in Football Betting
Football betting is primarily focused on team wins. It makes it easier to see which one will win and who to bet on. The reason for this is that there could only ever be three possible outcomes for a football match. It can end in a win, a loss, or a draw for both sides. Double chance means covering two-thirds of those outcomes, granting the best possible chance to earn winnings. The only handicap is that the odds invoke more risk. For example, you could bet on one team to win or draw, but the chance of the other team winning is still there. There are only two teams in a football match and no other parties for you to make a bet on. Once you have picked your side, that is set.
If you want better bet options, the statistics of a football match are always placed front and centre. You can see which team has the best players or winning streaks during a tournament. When you use double chance, it can be easier to bet if all you have to do is just look at the stats of two teams. This can make it perfect for beginner gamblers. But remember, if you feel that betting is not to your liking, you can try land-based casinos. Find out when Crown Casinos should open for visitors or try online casinos.
Best Popular Sports Which Allow Double Chance Bets
The best sports to use double chance bets are ones where there can be a limited number of outcomes. The possibility of three outcomes is the minimum of what you should expect. This includes a win, a loss, and a draw. The best sports to have this criterion are ones that include matches between two teams. Here are some of the best examples that are good with double chance:
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Football - This is the prime example of using double chance. It is a match between two teams where you can place your bets on who wins. A lot of statistics go into players and composition.
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Basketball - This is different to football, but the base aspect is what makes it great for this type of betting. Place bets on the teams and see who wins or draws.
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Tennis - While this doesn’t use teams, it is between two players. That means it can still abide by the three possible outcomes that can happen.
Double Chance Bet Calculating
Here is how to calculate the odds of these bets. Knowing this kind of calculation can help you make better choices with nowhere to place them and how to predict possible outcomes.
When betting on the home wins, the stake is Home x Total (so the draw plus win).
The stakes for the draw are Total - Stake on Home Win.
The return is calculated as this: Home x Draw x Total / (Draw + Home)
After this is calculated, the exact odds are then summed up: Draw x Home / (Draw + Home)
Remember to follow these calculations exactly to get your odds and work out your profit. There are handy automatic calculators online you can use.
Advantages and Disadvantages
Here are the main advantages and disadvantages of using double chance. Every advantage is a good reason to try but every disadvantage can leave you open to more risks.
Pros |
Cons |
You bet on two outcomes to give you a much better chance for a win. |
Double chance normally costs more since you are betting on two things. |
The odds of you winning have increased with more profits being gained. |
There is still the risk of an opposing team winning instead. |
The most popular sports allow this type of bet to take place. |
Conclusion
Every new better should take up the double chance when they see it. While other sports can be bet on, the most popular sports use this method so newcomers feel welcome. You can just stick with single bets if you feel more comfortable, although the handicap of that is minimum wins.