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.

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    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.

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    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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