Double Chance Bet – What is Double Chance in Betting?

Do you know that Double Chance betting is an excellent way to jumpstart your play and minimise risk? If you are beginning your football betting journey, you will be pleased to find out that this type of bet increases your winning chances to 67%. By now, you are probably familiar with the three-way betting market. It challenges players by asking them to choose only one of three available football game outcomes.

Last Updated on 25/06/2021 by Jonathan Cortis

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What is Double Chance Betting  – Master the Basics

Double Chance allows you to pick two possible match outcomes instead of just one by backing a favourite and a second choice. It is excellent for beginners, as it removes the fuss of having to select only one result. Advanced players who like to enjoy a more relaxed play also often prefer it. Double Chance offers numerous betting benefits, which we cover in-depth below, along with the best strategies to get the maximum out of this bet, so keep reading to learn more.

If you are familiar with the 1×2 betting market or the 3-way bet, you will be delighted to find out that you can use Double Chance to enhance your play. It lowers your risk while simultaneously increasing your winning chances. You probably already know that traditionally the 3-way bet allows you to select among three possible options: win, draw, or defeat. These are also known as the Home, Draw, and Away bet.

Double Chance elevates your football betting experience by allowing you to select two, instead of just one, of these three outcomes. All you need to do is pick a favourite and back a second choice. Thus, Double Chance provides an excellent twist to the standard 1×2 betting market because of its simplicity, making it suitable for punters of any experience. However, the perks of Double Chance betting go way beyond ease. As we said, the standard 3-way bet allows you to only choose between Home, Draw, and Away, thus giving you a 33.3 % chance to win. Double Chance increases this possibility to 67% by giving you the opportunity to pick two of the above outcomes simultaneously. Naturally, it also reduces your betting risk.

How to Apply Double Chance Betting to Your Advantage

The Double Chance bet enables you to pick two of the three possible football match results. Briefly, these are home team victory, draw, and away team victory. Online bookmakers allow you to increase your odds by applying three possible combinations in Double Chance betting:

  • Home Team Win and Draw (1X): You win if the home team pulls a victory or the match ends in a draw. Logically, in case the visiting team wins, you lose your bet.
  • Draw and Away Team Win (X2): As the name suggests, you win if the away team pulls a victory or the match ends in a draw. In case the home team wins, you lose your bet.
  • Home Team Win and Away Team Win: You win in case either of the football teams pulls a victory. You lose your bet if the match ends in a draw.

Double Chance Betting Example: See How It Works in Real Life

Double Chance betting can be best explained by employing a specific example. For this purpose, let’s explore the Double Chance betting markets on an Arsenal FC vs Liverpool FC football match. For the Double Chance example, the match will be played at the Emirates Stadium, making Arsenal FC the home team and Liverpool FC the guest. Let’s examine the available Double Chance betting options:

  • Betting combination 1: Win Arsenal FC or Draw (X1) (Home Team or Draw (X1))
  • Betting combination 2: Draw or Win Liverpool FC (X2) (Away Team or Draw (X2))
  • Betting combination 3: Arsenal FC or Liverpool FC (12) (Home Team or Away Team (12))

What do these betting combinations mean?

  • Betting combination 1: If you decide to bet on the first option, it means that you will win if either Arsenal FC pulls a victory or the game ends in a draw. In case Liverpool FC wins, you will lose your bet.
  • Betting combination 2: Choosing the second option means that you will win if either Liverpool FC pulls a victory or the game ends in a draw. If Arsenal FC triumphs, you will lose your bet.
  • Betting combination 3: Selecting the third option will result in you winning if either of the two teams wins. However, you will lose the bet if the game concludes in a draw.

Who is the double chance market for?

Because of reduced risk, Double Chance betting is typically enjoyed by novice punters and seasoned players who prefer to engage in a more stress-free type of play. Regardless of your experience, we recommend enhancing your winning chances by educating yourself on any of the playing teams’ current circumstances that might affect their game.

 

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Discover the Advantages of Double Chance Betting

Double Chance provides football betting enthusiasts with several exciting advantages. While the greatest positives of this betting market are higher winning chance and lesser risk than more complex bets, it offers other ways to advance your play.

High Winning Odds

As pointed above, among the most significant pros of the Double Chance wager is that it allows combining two of three possible outcomes in a single bet. This approach practically doubles the odds of winning compared to the classic 3-way bet where you can select only one possible result. Therefore, both football punting fans and sports bookmakers alike favour Double Chance.

Although Double Chance betting odds are usually lower than those in traditional 3-way markets, you should note that this is not necessarily a disadvantage. On the contrary – we have found that Double Chance is very effective in riskier games. The reason is that events with highly uncertain outcomes typically yield greater odds, thus offsetting the shorter price on Double Chance bets.

Additionally, employing Double Chance to enhance markets other than 1×2 might also increase odds and long-term profitability. Double Chance is an excellent complement to accumulator bets and handicap betting.

Lower Risk

Double Chance’s other significant advantage is that it is considered a comparatively lower risk betting market. This type of bet allows you to pick two of three possible outcomes, which reduces the possibility of losing. Therefore, it is a good starting point for anyone who wants to explore the pros of traditional football betting markets. However, the reduced risk in Double Chance attracts all kinds of punters.

The reason is that even seasoned players would sometimes like to sit back and enjoy a casual game without the pressure of more aggressive betting types. Nonetheless, bear in mind that risk is always present in online betting. Therefore, we suggest you make informed choices whenever you place a bet. Researching the rivalling teams before the game will undoubtedly give you better prospects of employing Double Chance or any other betting market.

Functionality in Matches between Equal Rivals

Another positive of Double Chance betting is that it facilitates your strategy if you would like to bet on a game between seemingly equal competitors. It is often hard to pick a favourite, especially in critical games where both teams are in great shape and have their eyes set on the prize. This is where the advantages of Double Chance come in handy.

The scenarios in such cases are varied. For example, if you think that one team might have a slight advantage by being the host of the game, you might consider choosing the 1X outcome. On the other hand, if you estimate both teams to be in great shape and highly focused on winning, maybe the 12 bet is the best choice.

Great for Backing the Underdogs

Double Chance is ideal if your favourite team seems to be facing a stronger squad. With football being a highly unpredictable game, it does not make sense to rule out the underdogs completely. Additionally, odds on underdogs are usually significantly higher compared to those on the favourites. This is precisely where you can apply the positives of bets like Double Chance by backing the seemingly weaker team.

Let’s say you would like to support Sheffield United, who are about to play Manchester City at the Etihad Stadium. Your preferred team has lately faced a series of defeats, while the host seems to be in their best shape ever. In this case, it might make sense to utilise the advantages of the Double Chance bet.

Double Chance Betting Disadvantages: How to Avoid Them?

Double Chance betting is excellent for the situations described in the previous section. Still, in some instances, it might also present some disadvantages. For example, its odds might be lower than other types of bets like Correct Score or the classic 1X2. Nonetheless, this fact does not necessarily equal lower profits. Very often, the higher chance of winning by backing two outcomes simultaneously compensates for the lower price.

Double Chance might also not be your best choice if you are supporting the game’s favourite. The reason is that in games between seemingly highly unequal teams, the odds on the favourite will be considerably lower. However, Double Chance betting is still a great strategy if you are backing the underdog.

Upgrade Your Play with the Best Double Chance Betting Tips

Double Chance tips are abundant, but you still need to perform meaningful research before placing any bet. Informed choices help you build a solid strategy and take the maximum advantage of common case scenarios. Below we have compiled a list of helpful Double Chance betting tips that can serve as stepping stones for developing your tactics further.

Research the form of both rivals

In a betting market like Double Chance, it is essential to perform a check on the form of both competing teams. This is key in cases where the squads appear equal or have recently demonstrated inconsistent results. To use the example of Arsenal FC and Liverpool FC above, imagine the two teams are playing a crucial game but have both faltered in their performance lately. This is where research will help you. If you consider the chances of a draw unlikely, you can always use the 12 bet.

Determine the favourites

In football betting, determining a favourite is not rocket science. The primary thing to do is check the standings and inform yourself of the squads’ recent performance and direct encounters. You can dig deeper by examining each team’s strong sides, researching injured players, and more.

Pay attention that when two apparent equals play, the home team usually has a slight advantage because they are more familiar with the turf and have the crowd’s support. The good thing with Double Chance betting is that you always have the 12 option if you cannot decide between the two teams but consider a draw unlikely. The 12 bet is also very appropriate if you choose to take advantage of the higher odds on the underdogs, and a draw is improbable.

Choose challenging games

Double Chance bets are great for punting on matches between seemingly equal teams. While critics of the Double Chance approach argue that the market odds are comparatively low, there is always a way to make the best out of your play. One way to do this is by betting on matches that are challenging to predict. These types of games typically offer higher prices than the ones where one of the teams is significantly stronger. Besides, the risk is lower, and all you need to do is create a smart strategy for a higher payout.

Placing Two Separate Bets Instead: Is the Profit Worth It?

Double Chance betting is widely popular, but beginning punters still often wonder if placing two separate bets instead would be more profitable. While this might be correct in some cases, in general, the Double Chance betting market has its specifics, which make it highly competitive compared to other bets.

Let’s examine the Double Chance betting market on a Premier League game between Chelsea FC and West Bromwich FC. Looking at the odds offered by one of the leading betting sites, we see that Chelsea FC’s odds of winning the match or the draw are 1.03. The odds of West Brom FC winning the game or the Draw are 4.33. Lastly, the odds of either team pulling a victory are 1.11.

Using a 100 total stake would give you a total win and profit of:

  • Chelsea FC/Draw 103 (profit of 3)
  • West Brom FC/Draw 433 (profit of 333)
  • Chelsea FC/West Brom FC 111 (profit of 11)

In case you decide to split the stake into two separate bets of 50, you get the following stakes:

  • Chelsea FC 1.2
  • West Brom FC 15.0
  • Draw 5.8

This means the following potential winnings:

  • Chelsea FC – 60
  • West Brom FC – 750
  • Draw – 290

If you backed Chelsea FC and a Draw separately, and Chelsea FC won, you would lose 40 based on a total stake of 100. Your overall profit if the game ended in a Draw would be 90. If, however, you decided to back West Bromwich FC or a Draw, things look a little different. The overall profit of 140 for the draw in an outright bet is lower than the potential double chance profit of 233. However, you also have a chance of a 600 profit if West Brom FC win. Therefore, it is best to decide which tactics to use based on in-depth odds calculations.

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A Quick Guide to Calculating Double Chance Odds

Double Chance betting is so popular that there is hardly a betting site that does not offer it. With so many betting markets out there, especially on major games from tournaments like the FA Cup and the Premier League, sometimes it might get hard for you to choose. Therefore, we advise you to research the available markets and calculate the expected odds yourself. Thus, you will be able to evaluate the quality of different offers. Below, we will present the formulae to calculate the odds on the Double Chance bet. For this purpose, we will use teams A (Home Team) and B (Away Team) as described below:

Odds on ‘A and draw’ (1X) = (Odds of A x odds of draw) / (Odds of A + odds of draw)
Odds on ‘B and draw’ (X2) = (Odds of B x odds of draw) / (Odds of B + odds of draw)
Odds on ‘A and B’ (12) = (Odds of A x odds of B) / (Odds of A + odds of B)

Double Chance Football Wagers: All You Need to Know

Double Chance is widely popular in football betting, but novice punters often have difficulty recognising this bet’s advantages. Suppose you regularly browse through the wagers offered by different football betting sites. In that case, you might have already noticed that Double Chance odds are slightly lower than those of the typical 1X2, for example. However, the Double Chance bet is excellent if you would like to increase your chances of winning.

Double Chance allows you to fully engage in the volatility of football games while reducing your risk. For instance, if you are convinced that your favourite team will not accept defeat, but they are still facing a considerably stronger rival, you can utilise Double Chance’s positives. As previously stated, this betting type is very suitable for backing the underdogs in a football game. Also, Double Chance wagers can be used successfully in predicting the outcomes of football matches where both teams appear of equal strength.

The best way to benefit from the pros of Double Chance and any other bet is to educate yourself on football betting and carefully craft different strategies according to your goals. Most reputable football betting sites provide punters with many resources and in-depth information to help them get the maximum of their play.

When Is the Right Time to Use Double Chance?

Like any other type of betting market, Double Chance requires careful research to capitalise on your winning chances. While it is true that Double Chance somewhat lowers your betting risk, it is still a little more complex than the regular single and 2-way bets. The best time to use Double Chance betting is when you are familiar with both teams’ performance. If you are aware that one team is considerably stronger than the other, you might stick to the regular 1X2 bet.

If, however, both teams appear equal, you would want to go with Double Chance. For example, you could bet on your preferred squad and a potential draw as well. In this way, you will cover the two most probable outcomes. Similarly, you could utilise Double Chance if you are cheering for the underdogs. Back your preferred team by selecting a 12 combination or bet simultaneously on their winning options and the match ending in a draw.

What Are Some Double Chance Alternatives?

Double Chance betting has a couple of alternatives for punters who want to “remove” the equation’s draw option and reduce the risk of losing. We suggest you explore UKGC-licensed bookmakers for the following bets:

Draw No Bet

The Draw No Bet market practically eliminates the draw option from a 3-way wager by allowing you to back either a Home win or an Away win. In case the game ends in a draw, you receive your full stake back, which virtually reduces your risk.

Asian Handicap

The Asian Handicap is another popular alternative you might enjoy if you would like to back the underdogs. This type of bet works by putting the favourite at a disadvantage at the onset. Similarly to Draw No Bet, it also removes the draw option. When utilising these, or any other batting markets, make sure your select bookies hold a valid license from the UKGC and adhere to the industry standards for fair and safe betting. You should also examine closely any bonuses and deals they offer.

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Double Chance Betting FAQs

How do you bet on Double Chance?

The Double Chance bet enhances the 3-way betting option (1X2) by allowing you to choose two possible outcomes instead of just one. Thus, you can back your preferred team and reduce your risk with a second choice. The estimated winning potential of Double Chance is 67%.

What are the possible results in Double Chance?

Double Chance features three possible outcomes:
• 1X: The Home team wins, or the game ends in a draw.
• X2: The Away team wins, or the game ends in a draw.
• 12: Either the Home or the Away team wins.

Why should I bet on Double Chance?

Double Chance betting gives you a greater probability of winning from a single event by combining two of three possible outcomes. Simultaneously, it reduces the risk and can be used for a variety of purposes like supporting the underdogs, betting on games with equal rivals, and more.

Does double chance include extra time?

The Double Chance market is settled on the result at the end of regulation time. Thus, it does not include overtime. There are, however, other betting types you can enjoy that do encompass extra time.

Is Double Chance available only in football?

Double Chance markets are available on sports other than football as well. Generally, Double Chance can be applied wherever a 3-way outcome is possible. However, not every bookmaker offers this type of bet across all of their markets; therefore, you need to do prior research.
Author: Jonathan Cortis
Chief Editor
Jonathan Cortis was an avid online casino player. He had already been sharing and discussing experiences with a group of like-minded friends that had the same interest. And so it seemed only natural to take a fun hobby to the next level. Jonathan decided to create a website where he and his friends could publish reviews of the casinos they've played at.