| 1??2?? | Win/Win |
| 1??? | Win/Draw |
| ?2?? | Draw/Win |
Double chance betting is where you make a bet with the opportunity of getting a bigger chance of winning from one event. This bet will allow you to bet on two outcomes from a three-outcomes match in football. A double chance bet is placed on two possible outcomes of a sporting event.
This type of bet is derived from the primary outcomes of 1X2. When you make a double chance bet, you get a better probability, equivalent to ~67%. A double chance bet will increase your chances of winning the bet, which explains why the odds are lower than usual. Double chance betting is also known as a double result betting in some events and bookmakers.
How Does it Apply to Football?
As mentioned, the double chance bet gives you better odds on a bet. You can bet on a win + draw, which is one of the things that make this bet attractive. The double chance football bet is similar to the draw no bet market. In a football match, the first ninety minutes are the only ones that count towards the double chance bet. If a game goes into extra time, results or points earned during the extra time will not be used to determine the results of your bet.
The double chance bet is used in games that have three outcomes. It cannot be used in sports like volleyball and tennis, where the outcomes are two. The double chance bet can be used for a sport with three outcomes.
Examples of Double Chance Football Bets
With standard betting, you will be betting on one outcome. But when you understand a double bet in football, you will have more outcomes to wager on. Double chance betting gives you more outcomes to wager on.
The three possible straightforward bets are:
- Win (1)
- Loss (2)
- Draw (X)
The possible outcomes for the double result bet football are:
| ?? Possible Outcome | ?? Symbols | ?? Meaning |
|---|---|---|
| Win/Win | 12 | Home or away teams win |
| Win/Draw | 1X | The home team wins or a draw |
| Draw/Win | X2 | A draw or the away team wins |
What is a double result bet in football? You will earn bigger payouts than the standard betting with the double chance bet, but the risk is greater. With the double chance bet, you will need to predict the outcomes correctly for your bet to succeed.
A 1X bet on a home team will come with higher odds than a 12 (Win/Win) bet for a home team. This is so because a home team is more likely to win. Other factors that will determine the odds will be how strong a favorite team is or injured players on the team. When your bet wins on a less likely event, you will get a higher payout than the straightforward bets.
?? How to Calculate your Winnings
Doing the calculations for the double chance bet is not hard. You need to multiply the odds offered by the bookie with the bet amount. In this case, let’s set a standard bet amount of $100.
Here is an example of a double chance bet you will get at a bookie:
| ? Double Chance | ||
|---|---|---|
| 1X -1.5 | 12 – 1.3 | 2X – 1.32 |
From this example, there are odds for the home team to win or draw, the home or away team to win, or the away team to win or a draw. If you want the home or away team to win, you will be working with odds of 1.3. with a bet of $100, you will get a payout of $130 if either team wins.
How and When to Make a Double Chance Bet
Placing a Double Chance bet can be pretty fun, but you need to be careful and decide when to use this option. Here are a few things to consider:
Research as much information as possible
Analysis and knowledge about the teams playing will determine whether you will go for the double chance betting or not. When one of the teams playing is stronger than the other, you will be better going with the standard 1X2 bet. The football double chance bet will be better if the teams are equally matched.
Take a look at the underdog
Besides researching the two teams, something that a lot of people forget is to check the underdogs. As strange as it sounds, teams that are not performing that well often step up their game when there is an important match. This is where options, such as a Double Chance bet, can come in handy, and the odds will be good for it.
Speaking of the underdogs, you should also try to learn more about what’s at stake for both teams or players in the given match. Sometimes, the underdogs will have a lot to lose, so backing them up with this kind of bet might be a good idea.
Take a look at your bankroll
Double Chance is a cool market and attracts a lot of people because the chances of predicting your bet are higher. This, however, does not mean you should not be responsible when playing and not pay attention to your bankroll.
Keeping an eye on your current funds and how much you can afford is incredibly important. We highly recommend doing this and setting up a budget if you think you will have problems. We also recommend checking the responsible gambling tools and implementing some of them if needed.
Check if there are bonuses
Most top-tier online bookmakers have a lot of different promotions, but the reality is that not a lot of them are usable if you decide to wager on the Double Chance market. Once you check the T&Cs of the offer and notice it is available, learn more about it and decide if it’s worth getting. From our experience, you can find free bets, cashback, and even boosted odds that will work for this market.
Pros and Cons
- Pros
- Good returns if the teams have the same skill level
- You are less likely to lose with this bet
- More profitable if you are betting on the underdogs
- Cons
- Profits are lower compared to other forms of betting
- Results attained during extra time do not count
Bookmakers with Best Double Chance Odds
The bookmakers listed below will allow you to learn what is double bet in football. They will give you the best odds for this form of betting. We believe they will give you one of the best experiences, which is why they have made it to the top of our listings.
Betway
This bookie has a variety of sporting events to bet on, ranging from football, hockey, and handball. With Betway most three outcomes events will have the double chance bet feature available, giving you better chances of landing a winning bet. We are happy with their services and believe they are a good fit.
22bet
Make the best from a single betting event with the 22bet double chance bet. This is an excellent form of betting allowed on the platform to give you better returns on your betting endeavors and offer more in terms of betting markets.
1xBet
This bookmaker has a lot to offer on its platform. 1xBet allows live betting and live streaming for most of their matches. To make things more exciting for you, they allow double chance betting, giving you better outcomes and less risk on your bets.
Bet365
This betting site allows you to make a double chance bet on any of their sporting events with three outcomes. With the double result bet at bet365, you can wager on two outcomes lowering your risks. They have a range of markets you can wager on and better odds.
Parimatch
This brand has excellent command in online betting with a presence in most regulated markets. Parimatch offers double chance betting in a host of sports, including rugby, football, handball, and NHL. Try out the bookie to make a double result bet on your favorite team or sport.
Double Chance Vs. Handicap
Double chance football bets are made when you place a bet on two outcomes out of possible three outcomes in a sporting event. As for the handicap betting, you will be betting on teams that are handicapped where the winning team needs to have more goals. From this argument, we can establish that these two kinds of betting are not far apart.
There are different types of handicap bets. Looking at the zero handicap bet, you learn it is similar to the double chance football bet. The differences are usually in the size of the odds and the calculations. The 1X in a double bet can be similar to the H1(0) in handicap betting but with different odds. The handicap bets have better odds compared to the double chance betting.
| 1X | H1(0) | 2X | H2(0) |
|---|---|---|---|
| 2.3 | 3.4 | 1.35 | 1.4 |
From the example given above, it is clear that the handicap odds are better than the double chance bets. For the double chance bet, you will lose money in the event where the third outcome not featured in this example happens, but for the handicap, there will be a bet return if a draw happens.
FAQ
How do you lose a double chance bet?
You lose the bet when the third event happens. With a double chance bet, you bet on two events in a match with three possible events (home or away team wins or a draw).
Can you cash out on a double chance?
Bookmakers with the cash-out feature will allow cash out on the double chance. There are instances where some will not allow the double chance bets.
What does 2X double chance mean?
This means that you are betting on the away team to win or a draw.
Does double chance include extra time?
Double chance bets only include the first 90-minutes of a football match. Results from the extra time do not count towards a double chance bet.
How are double chance odds calculated?
In most cases, the bookies will give an average odd of the two events you are betting on. For instance, if you want to make a 1X bet, the odds given will be an average of the home odds given and the draw odds given in the standard 1×2 bet at the bookie.
How do you predict over and under in football?
With such a bet, you predict the points, and for an over bet, the combined points earned by the teams need to be more than the predicted, which is under, the points scored by both teams in the match need to be less.
Is double chance profitable?
Double chance betting is not as profitable as other forms of betting, but the risk associated with the bet is less.
Final Thoughts on Double Chance Betting
From the information gathered about what is a double result in football betting, we conclude that it is a good bet to go for when in doubt. This type of bet will work well when you have two teams with the same skill set. This type of bet will be less risky and give a reasonable amount of winnings than losing the double bet.