Double Chance Bet

Experienced punters just love a good old-fashioned double chance bet. They love it because it enables them to cover two of the three possible outcomes. This increases their chances of winning substantially, and that’s something that is always welcome.

Unlike the match winner market, in this market, there is greater protection for the bettor. This is because there are two winning outcomes and only one losing result. For example, if you back the home team to win or draw against the away team, one bet covers two results. The only way that you can lose that wager is if the away team wins. However, even with that in mind, your bet is much safer than just by backing the home team wins option.

Double Chance Betting Sites

Double chance betting sites are everywhere. The market is one of the oldest betting propositions to have ever existed, and obviously, it is still here. In fact, there’s not a single bookmaker in the world that doesn’t offer this type of betting. This means that choosing a betting site for this bet is pretty straightforward. Simply choose a bookmaker which is safe, gives you the highest odds and boasts the best promotions. As BettingRex, I bring you some of the most rewarding and exclusive bookies; you can check them out.

1
90%
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100% up to €300 Welcome Bonus

??Sports betting options
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90%
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No sports betting bonuses

3
89%
TOTAL SCORE

100% up to €500 Welcome Bonus

??Sports Betting
?Newbie Bonus
?Mobile Website

4
84%
TOTAL SCORE

100% up to €100 Welcome Bonus

Generous welcome bonus
Excellent mobile compatibility
Many banking options available

5
83%
TOTAL SCORE

100% up to €100 Welcome Bonus

??Sports Betting Options
?Welcome Bonus
?Sleek Website Interface

6
82%
TOTAL SCORE

100% Up to €100 Welcome Bonus

?€100 Bonus
✔Low Wagering Requirements
?Low Minimum Bet

7
82%
TOTAL SCORE

No sports betting bonuses

8
82%
TOTAL SCORE

100% up to €110

9
81%
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100% up to €300 Welcome Bonus

??Various sports branches
?Dozens of payment options
?Good customer support

10
81%
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10% Cashback up to mɃ 400

?Esports betting
?Crypto-friendly
⚡Fast withdrawal

11
81%
TOTAL SCORE

€300 Bonus Package

❤ Daily Promotions
⚡️Fast Withdrawals
?€300 Bonus

12
80%
TOTAL SCORE

€25 Free Bet

13
80%
TOTAL SCORE

100% up to €50 Welcome Bonus

??Wide-range of Sports Betting Options
?Accessible conveniently on mobile devices
??Good Bonus Deals

14
80%
TOTAL SCORE

€10 Free Bet

✅Various types of betting markets
??Appealing and neat design
?24/7 live chat

15
79%
TOTAL SCORE

100% Sports Bonus up to €100 + 20 FREE BET

??Easy registration
?Daily bonus opportunities
?Good mobile compatibility

16
78%
TOTAL SCORE

Get 100% Up to €100 Welcome Bonus

?A lot of sportsbetting options
?Good welcome bonus
?Nice loyalty program

17
78%
TOTAL SCORE

100% Up to €2500 with JOIN125 code

??Good range of sports market
?Cryptocurrency usage
?Excellent bonuses

18
77%
TOTAL SCORE

50% up to £25 Free Bet

??Sports betting options
?Juicy Bonuses
?Live sports

19
77%
TOTAL SCORE

100% Up to €100 Welcome Bonus

?Bitcoin-friendly
?Various Betting Options
?Having a Promo Code

20
76%
TOTAL SCORE

100% up to €100 Bonus

?Special Promo Code
⚡Fast Payouts
?Bitcoin-friendly

21
74%
TOTAL SCORE

100% up to €100 & €10 Free Bet

?Special App
?Having a lot of sports to bet
?Casino option

22
74%
TOTAL SCORE

No Welcome Bonus

??Various sports branches
?Dozens of payment options
?Good customer support

23
73%
TOTAL SCORE

150% up to $2500 Welcome Bonus

Simple layout
Mobile betting
Crypto payment

24
73%
TOTAL SCORE

100% up to £20 Welcome Bonus

??Good promotional deals
?24/7 live chat option
??Number of banking options

25
71%
TOTAL SCORE

100% up to €100 Welcome Bonus

??Sports betting opportunities
?Juicy promotions
?Loyalty Program

26
70%
TOTAL SCORE

No sports betting bonuses

??Mobile app
??Appealing and neat design
?Live sports

27
69%
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100% up to £100 Welcome Bonus

??Sports betting options
?Juicy Bonuses
?Live sports

28
68%
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100% Up to €100 with WELCOME100 code

?Additional casino offer
?Wide-range of betting options
?Virtual betting offers

29
68%
TOTAL SCORE

100% Up to €1000 Welcome Bonus

?Large coverage of sports
?Bonuses are quite substantial in number
?Customer support is open 24/7

30
67%
TOTAL SCORE

BET €15 Get €10

??Excellent sports betting options
?Good bonus deals
??Loyalty Program

31
66%
TOTAL SCORE

€10 Welcome Bonus

✅Betting options
??Language support
?Mobile betting

32
64%
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150% up to €2000 Welcome Bonus

??Wide Range of Betting Options
?Tournaments
??Birthday Bonus

33
64%
TOTAL SCORE

Pay N Play

⚡Fast Payouts
✔Various betting options
?Various Withdrawal Options

34
63%
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100% up to £50

??Sports Betting Options
?Dozens of payment options
??A nice range of betting markets

35
62%
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100% Up to €100 Welcome Bonus

??Comprehensive bonus selection
?Vast betting options
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36
62%
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100% Up to €100 Welcome Bonus

?Excellent coverage of various sports
?Crypto-friendly bookie
?Simple User Interface

37
59%
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100% up to €250 Welcome Bonus

??Sports Wagering
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?Sleek Mobile Website

38
59%
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Get Up to 7 BTC Welcome Bonus

?Many live stream options are available
?Support for several cryptocurrencies
⚡Withdrawals can be completed in a very fast manner

39
59%
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100% up to €100 Welcome Bonus

??Numerous sports betting options
?Various promotions
?Good mobile compatibility

40
58%
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100% up to €200 + 100 Free spins

??Sports Wagering
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?Sleek Mobile App

41
57%
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100% Up to €100 Welcome Bonus

?Crypto-friendly
?Good bonus offers
??Nice betting markets

42
57%
TOTAL SCORE

100% up to £30 Free Bet Welcome Bonus

??Sports betting options
?Juicy Bonuses
?Live sports

43
53%
TOTAL SCORE

No Sportsbook Bonus

??Sports Betting Options
?Dozens of payment options
??A nice range of betting markets

44
49%
TOTAL SCORE

100% up to €10000

??Sports Betting Options
?Good customer support
??A nice range of betting markets

45
48%
TOTAL SCORE

100% up to €130 with BETTINGREX code

?Special Promo Code for BettingRex readers
?User-friendly Mobile App
?Bitcoin-friendly

46
48%
TOTAL SCORE

€1500 Welcome Bonus

Cool layout
Sports betting
Fast payments

47
39%
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?Availability of the Mobile app
? Benefits associating VIP program
? Wide-range of sports betting options

48
34%
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5% Daily Cashback

??Vast sports betting selection
?A number of deposit and withdrawal options
?Decent customer support

49
33%
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100% Up to €500 with WLT001 code

?Good bonus collection
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50
32%
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50% up to €100 Welcome Bonus

??Excellent sports collection
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??Playable via FIAT and bitcoins

51
30%
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?Pay N Play Bookie
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?Additional Casino Section

52
20%
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100% Up to €150 Welcome Bonus

??Mobile application
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53
18%
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100% up to €35 + Cashback

?Mobile-friendly
✔Various betting options
?Attractive odds

54
14%
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Get Up To €200 Welcome Bonus

?Good sports events collection
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55
12%
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110% up to €1000 Welcome Bonus

??Instant Cashouts
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56
12%
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100% up to €20 Welcome Bonus

??A wide range of betting options
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57
11%
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200% up to €200 Bonus

?€200 Bonus
?Mobile-Friendly
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58
10%
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100% up to €122

?User-friendly Mobile App
✔Various betting options
?€122 Bonus

59
10%
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100% up to €100 Welcome Bonus

??A wide range of betting options
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60
10%
TOTAL SCORE

100% Up to €100 Free Bet

?Wide range of sports booking options
✅Various types of betting markets
?24/7 live chat

61
10%
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No sports betting bonuses

??Mobile app
?24/7 live chat option
??Appealing and neat design

62
10%
TOTAL SCORE

50% Up to €50 Welcome Bonus

?Solid sign-up offer
?Live betting options
?Betting markets are huge

63
10%
TOTAL SCORE

€10 Free Bet

✅Various types of betting markets
??Appealing and neat design
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64
10%
TOTAL SCORE

100% up to €50 Bonus

?Special Promotions
?Various Withdrawal Options
?€50 Bonus

Double Chance Bet Meaning

Betting veterans sometimes choose the double chance bet, meaning they see some value in it. And yes, how can you not appreciate a bet which covers two of the three possible outcomes. In theory, with this wager, a punter covers 66% of all potential outcomes. Of course, this is not the as open and shut case as it seems, but this assessment is quite close to reality. How often have we seen the home team be the clear favourite and then not win the match?

In essence, there are three outcomes to any football match. If you have two on your slip, then you have basically doubled your chances of winning. However, the winning margin will be much lower, obviously.

double chance betting games

Double Chance Bet Strategy

Football betting is a delicate thing. You have to use the right approach, choose how much you stake, and plan for potential pitfalls. This is where double chance betting comes into its own. Covering two potential outcomes with a double result bet is as good as it sounds. Imagine this situation. You feel that the away team has a real chance of winning the match, but the home team is the favourite. Bookies feel similarly and give the away team very high odds. This puts you off your desire to back the away team wins option, but you cannot ignore your instincts. So you decide to implement the perfect double chance bet strategy.

You immediately start looking for two things. The first one is finding an operator which excels in top quality betting, double chance betting offers and is safe and secure. Instead of wasting precious time to browse the net, you head directly to Betting Rex. You pick one of the bookies I listed in this article and you are ready to go.

The second part of this betting strategy is safeguarding your bet. Basically, you wait for the match to start and then you follow its live betting offer. If your team leads, you do nothing but waiting for them to extend the lead. However, if the result turns for the worse, you must act fast. You need to cover the three possible outcomes, and you need to do it fast. This means betting on the opponent, the home side. In essence, this is a strategy to make some small winnings or break even. In the worst-case scenario is that you minimize your losses.

Before I wrap things up, I would like to give all loyal Betting Rex fans a valuable piece of advice. It is oftentimes slightly better to go with an Asian handicap of +0.5 than a double chance. Why? Let’s look at this example. Not long ago, Jeonbuk Motors hosted Suwon Bluewings in the Korean K-League. A reputable bookmaker came out with these odds:

  • For the double chance market (X2), the bookie gave odds of 2.00.
  • In contrast, for the Asian handicap line of Suwon Bluewings +0.5 the odds were 2.05.

These 2 markets cover the identical outcome of X2, but one comes with slightly higher odds for the underdog. For some people, this is an anomaly, but for Betting Rex fans this is profit.

Double Chance Bet FAQ

  • What is a double chance bet?

    It is a bet in which the punter covers two outcomes from the possible three (win, draw, lose).

  • How do you win a double chance bet?

    In double chance bet, frankly, either one of the odds you bet must be the outcome. For instance, if you bet 1-X double chance, either the home team must win the game, or the game ends with a draw. If the away team wins, in this scenario, you lose the bet.

  • How are double chance odds calculated?

    Double chance odds are calculated by using a slightly complicated mathematical formula. In short, it combines the probabilities for the double chance outcome and then produces odds that reflect these probabilities.

  • What does x2 double chance mean?

    It means that the winning outcome is an away win or a draw.

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