Double Chance Betting Guide | What is a Double Chance Bet?
Double-chance betting is a popular option among casual and risk-averse bettors. Instead of betting on the outright winner, you reduce the risks and include the possibility of a draw. This betting guide also explains how this option offers a unique opportunity to cash in as long as any team wins.
The double chance betting market exists in other sports, not only football, so it is versatile. The odds are lower, but with a little bit of help, you can overcome this obstacle and create lucrative betting strategies.
- 1What is Double Chance Betting?
- 2An Example of a Typical Scenario Where This Market Applies
- 3How Double Chance Betting Works
- 4Strategies for Success in Double Chance Betting
- 5Different Sports for Double Chance Betting
- 6Pros and Cons of Double Chance Betting
- 7Frequently Asked Questions in Double Chance Bets
Best Bookmakers for Placing Double Chance Bets in 30 October 2024 – Updated List
What is Double Chance Betting?
An Example of a Typical Scenario Where This Market Applies
How Double Chance Betting Works
Double-Chance Betting Slip
Strategies for Success in Double Chance Betting
Double chance bets are a good entry point for those who have just learned how to bet on football. They can be used as standalone options when betting on underdogs. It can also be incorporated in accumulators when backing favorites. Football is the obvious choice for this market, but double-chance betting baseball options are a thing. To maximize the odds of winning, it pays off to use some basic strategies.
Once you master the basics, you can try your hand with a double-chance football betting system. There are plenty of sports betting tips centered on this market and some of them are quite effective. These three strategies have the advantage of being easy to use and work well in the long run:
Tip
- Secure high betting odds on underdogs – even if you use this low-risk market, you get great odds on underdogs. When weak teams face strong foes away from home, the odds offered surpass 10. The double chance unlocks the draw option without hurting the odds too much.
- Create high-paying accumulators – this betting type works best as an instrument to mitigate the risks. You can create lucrative accumulators by adding several such bets on the same betting slip. They work great with classic handicap betting or Asian handicap.
- Stay flexible with live betting – football is one of the best sports to bet on live and use double chance betting tips. You can salvage unexpected early results when the underdogs score a surprising goal. Live streams allow you to convert such shocking results into winnings.
- Using Statistical Analysis to Make Informed Bets: research is necessary to be successful with any type of sports betting. Double-chance betting is no exception. Some strong teams have a rather high number of draws but rarely lose games. These are prime candidates to incorporate the 1X and X2 bet in football betting strategies. 12 double chance bet tips are harder to come across online, because of their high volatility. Teams playing in a lower league with an appetite for offensive football are the best choices. The double chance football betting system benefits them because they take more chances upfront. In lower divisions, defenses are less mobile and prone to concede goals on counterattacks.
Different Sports for Double Chance Betting
A double chance bet example is usually an eye-opener for punters who choose this market for the first time. Despite its simplicity, this bet is versatile and works wonderfully in many sports. The great strategy is the same and you always have two possible outcomes, with a single losing result. The odds are also smaller, but due to the lower risks, it still works well for system bets.
What is double chance in hockey betting you might wonder. In this sport, the match goes into overtime if the teams are tied after 60 minutes. Moneyline markets are ideal for straight betting, but the double chance bet is a safe alternative. You are not exposed to the risks of lone overtime goals or the lottery of penalty shootouts. The same goes for other double-chance suitable sports like rugby, American football, or handball.
Pros and Cons of Double Chance Betting
PROS
- It's a low-risk market.
- It offers two out of three winning outcomes, which makes it safer than other markets.
- Double-chance betting is perfect for accumulators.
- Plenty of quality betting advice available online for this market.
CONS
- Low odds or without value in some cases.
- The necessity to add many selections on accumulator slips, which makes it risky.
- Some sports with just two possible outcomes are not suitable.
- The house edge is higher on this market when betting on the favorites.
You are Ready for Your First Double Chance Bet
There’s no better way to learn the ropes of sports betting than to master the double chance market. With two out of three winning outcomes, the risks are greatly reduced in any of the sports. When you have some doubts about a team’s ability to win, use the double chance bet. You don’t miss out on a potentially lucrative game and don’t take unnecessary chances.
Research is needed to be successful, but your safety margins are higher. There is plenty of data available for games where double-chance betting is possible. You can choose a veteran bookie or sign up with a new sportsbook. You always have the option of placing a double-chance bet!
Frequently Asked Questions in Double-Chance Bets
If you have a home team win and a draw, you win if the home team either wins or the match ends in a draw. In case of an away team win and a draw, the away team must either win or draw for you to win. When betting on either a home team or away team win, you win as long as one of the teams wins, regardless of which side.
No. Like most football bets, double chance bets are based on the result at 90 minutes plus stoppage time. Unless the bookmaker specifically states otherwise.
This bet allows you to place a conventional double chance bet, but also wager on the total number of goals scored. The odds of this bet being successful decreased compared to conventional double-chance bets.
You can either take the odds of each single bet and multiply them, or you can use the money won from the first bet as the stake for your second selection. It is up to you. Alternatively, a double odds calculator could prove handy.
The odds are low and you risk missing out on better value available on outright victory. For straight betting, the returns are marginal and you need to bet a larger amount.
This is one of the best ways to start betting if you are new to this competitive industry. You have three possible winning outcomes, so your bankroll is not under threat.
Other related articles you might like: