What is Double Chance Betting?

Double-chance betting lets you wager on a match and cover two possible outcomes. It is an alternative to the 1x2 market and the draw-no-bet market.

Double chance betting may seem similar to the draw-no-bet market, yet once you explore them, you will see that they are very different.

If you want to improve your chances of winning a football bet, you may want to select the draw-no-bet market the next time you place a wager on soccer. This article will explore the double chance bet market to learn more about it.

Double Chance betting gives you more chance of one team winning from a single football match. The bet type covers two of the three possible outcomes in just one wager. It combines the win/draw for both sides.

The odds for a double chance bet are shorter than normal. This is due to the higher chance of winning the bet.

Why is it called double chance?

It is called double chance because you can win the bet twice. You increase your potential of winning the bet by using double result bets wagering on a double chance market.

What are the outcomes in a double-chance bet?

There are two possible outcomes in a double-chance bet. A double chance wager allows you to cover two of the three possible outcomes.

The outcomes of double chance bets are:

Team A wins or draw

Team A wins or Team B wins

Draw or Team B wins

Are the odds shorter in a double chance bet in comparison to 1x2?

The odds in a double chance bet are shorter because you cover two possible outcomes of the three in a football match.

In a 1x2 bet, you cover one of the three outcomes. Your probability of winning a double chance bet is 66.6% since you cover two potential outcomes.

Double chance betting example

Let's say Chelsea and Arsenal are playing a Premier League match at Stamford Bridge. Both teams go into the game in good form having won their last three league fixtures.

Chelsea are third in the Premier League standings, while Arsenal are up to fifth. This is a big game and it comes early in the season, which means it could impact the title race.

Both managers have a fully fit squad, so first-choice players will be in the starting XI. Although Chelsea have played well over the last six games with Arsenal, you have the feeling the Gunners could get a point. Their form has been very good in recent matches.

You decide to place a double-chance bet on the match. You select a Chelsea win or draw. This selection is based on Chelsea's excellent head-to-head form against Arsenal. Yet, you believe Arsenal could pull off a draw. By selecting a double result on a Chelsea win or draw, you provide yourself with insurance, as the bet will be if Chelsea wins or draws the game.

The game doesn't go according to plan, and Arsenal actually takes an early lead. Chelsea stayed close and, in the second half, scored a goal in the final 10 minutes to get a draw. Luckily, you placed a Chelsea win or draw to cover two match outcomes. Your bet is a winner.

How do you work out winnings for a double chance bet?

The best way to calculate the potential winnings from a double-chance bet is to use a double-chance betting calculator. This calculator will give you the potential winnings in seconds. Just enter your information, and it will provide you with everything you need.

Fractional odds vs decimal odds

Fractional odds are displayed as fractions, with the amount you will win on top and the amount you must stake at the bottom to earn those profits. For example, odds of 2/1 mean you will win £2 on a £1 wager if the bet is successful.

Decimal odds show how much you would win for every £1 wagered. For example, decimal odds look like 3.00. These odds mean that a £1 stake would result in a £2 profit for a successful bet. Unlike fractional odds, decimal odds include the returned stake.

What is the difference between double chance and draw no bet?

A double chance bet covers two possible outcomes of the three in a football match. You can either bet on:

Team A to win or draw

Team A to win or Team B to win

A draw or Team B to win

There is no bet in a draw, and the draw is eliminated from the equation. You can only bet on:

Team A win

Team B win

If the match ends in a stalemate, then your stake is refunded.

Which market tends to have better odds: double chance or draw no bet?

The draw-no-bet markets tend to have better double-result betting odds. When you wager on a double-chance, bet, you are covering two outcomes rather than just one. A draw-no-bet may eliminate the draw, but you are still covering just one of the two possible outcomes.

What is draw no bet?

A draw-no bet is similar to the double chance but different. The draw-no-bet market removes the possibility of a draw outcome in upcoming matches. Therefore, the match has just two possible outcomes. Either Team A wins or Team B wins.

If you place a draw no bet wager on a match and the fixture ends in a draw, you will be refunded your stake. The draw-no-bet wager provides some insurance on the wager.

Double chance betting strategy

An advantage of the double chance bet is that you can wager on two possible outcomes. This improves your chance of winning the double result bet up to 66.6%. The risks of losing the bet are lower because you are betting on two outcomes.

Although the profits can be lower, you can offset this by building a three-fold or four-fold accumulator bet with additional double-chance selections.

Double chance tips

If you select a match between two teams of equal strength, a Home Team win/Away Team win bet can provide value. If you believe the home side in an evenly matched contest will get the support of its crowd, then you may prefer the Home Team win/Draw wager.

A double chance bet is also excellent for betting on underdogs playing at home. While it may be difficult to imagine an underdog getting a home win over a strong away team, the home side could benefit from their crowd and pick up a draw. Backing a Draw/Away win could be a wise bet in this scenario.

You will get strong odds and high value if you back the underdog to win or draw. Underdogs may struggle to pick up victories against strong teams, but draws are never out of the realm of possibility.

Is double chance a common bet?

The double chance bet is common in sports betting. It allows you to cover two of the possible three outcomes in a football match.

You can use the double chance bet to wager on the favourite to win tips but it also ensures you receive a payout if the underdog snatches a draw. Moreover, you can use the double chance bet to cover two evenly matched teams by betting on Team A to win and Team B to win.

This is perfect when betting on two very strong football teams. For example, you may want to use it when wagering on a game between Liverpool and Manchester City.

What sports can bet double chance?

The double-chance betting market is ideal for football betting. This allows you to cover two potential outcomes of the three in the 1x2 bet.

Some sportsbooks may offer double chance markets on other sports, but football is the most popular sport for this bet type. Sports in which draws are possible, such as cricket and rugby, may also have double chance markets. However, it depends on the sportsbook.

What sports can you not bet double chance?

Double chance is not offered in sports such as:

American Football

Basketball

Baseball

Ice Hockey

Tennis

Golf

Other Common Bet Types

Some of the most common bet types in the sports betting world include:

1x2 betting market

Draw no bet

Over/Under

Goals Odd/Even

Both teams to score

Player to score anytime

Player to be carded

Correct score

Halftime result

Halftime/Full-time

Halftime Double Chance

Both teams to score first half/second half

To win to nil

Summary

The double chance betting market is extremely popular with football bettors. It allows you to cover two of the three possible outcomes of a football match. You can either wager on Team A to win or draw, Team A or Team B to win, or a draw or Team B to win.

With this bet type, you cover two outcomes. Although the odds are reduced compared to the 1x2 bet, you have a greater chance of winning.

The double chance bet is perfect for building value for an accumulator. You can combine several selections into an ACCA to create value for a wager with a large potential payout. In addition, the double chance allows you to wager on a strong team that could be upset by an underdog. You may select the wager on two very strong teams that cannot be separated on paper.