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
?Juicy Bonuses
?Live sports

2
89%
TOTAL SCORE

100% up to €500 Welcome Bonus

??Sports Betting
?Newbie Bonus
?Mobile Website

3
83%
TOTAL SCORE

100% up to €100 Welcome Bonus

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

4
82%
TOTAL SCORE

100% Up to €100 Welcome Bonus

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

5
82%
TOTAL SCORE

100% up to €110

6
81%
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100% up to €300 Welcome Bonus

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

7
81%
TOTAL SCORE

10% Cashback up to mɃ 400

?Esports betting
?Crypto-friendly
⚡Fast withdrawal

8
81%
TOTAL SCORE

€300 Bonus Package

❤ Daily Promotions
⚡️Fast Withdrawals
?€300 Bonus

9
80%
TOTAL SCORE

€25 Free Bet

10
80%
TOTAL SCORE

100% up to €50 Welcome Bonus

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

11
80%
TOTAL SCORE

€10 Free Bet

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

12
79%
TOTAL SCORE

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

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

13
78%
TOTAL SCORE

Get 100% Up to €100 Welcome Bonus

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

14
78%
TOTAL SCORE

100% Up to €2500 with JOIN125 code

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

15
77%
TOTAL SCORE

50% up to £25 Free Bet

??Sports betting options
?Juicy Bonuses
?Live sports

16
77%
TOTAL SCORE

100% Up to €100 Welcome Bonus

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

17
76%
TOTAL SCORE

100% up to €100 Bonus

?Special Promo Code
⚡Fast Payouts
?Bitcoin-friendly

18
74%
TOTAL SCORE

100% up to €100 & €10 Free Bet

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

19
74%
TOTAL SCORE

No Welcome Bonus

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

20
73%
TOTAL SCORE

150% up to $2500 Welcome Bonus

Simple layout
Mobile betting
Crypto payment

21
73%
TOTAL SCORE

100% up to £20 Welcome Bonus

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

22
71%
TOTAL SCORE

100% up to €100 Welcome Bonus

??Sports betting opportunities
?Juicy promotions
?Loyalty Program

23
70%
TOTAL SCORE

No sports betting bonuses

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

24
69%
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100% up to £100 Welcome Bonus

??Sports betting options
?Juicy Bonuses
?Live sports

25
68%
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100% Up to €100 with WELCOME100 code

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

26
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

27
67%
TOTAL SCORE

BET €15 Get €10

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

28
66%
TOTAL SCORE

€10 Welcome Bonus

✅Betting options
??Language support
?Mobile betting

29
64%
TOTAL SCORE

150% up to €2000 Welcome Bonus

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

30
64%
TOTAL SCORE

Pay N Play

⚡Fast Payouts
✔Various betting options
?Various Withdrawal Options

31
63%
TOTAL SCORE

100% up to £50

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

32
62%
TOTAL SCORE

100% Up to €100 Welcome Bonus

??Comprehensive bonus selection
?Vast betting options
??Appealing and neat design

33
62%
TOTAL SCORE

100% Up to €100 Welcome Bonus

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

34
59%
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100% up to €300 Welcome Bonus

??Sports Wagering
?Cool Newbie Bonus
?Sleek Mobile Website

35
59%
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?Many live stream options are available
?Support for several cryptocurrencies
⚡Withdrawals can be completed in a very fast manner

36
59%
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100% up to €100 Welcome Bonus

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

37
58%
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100% up to €200 + 100 Free spins

??Sports Wagering
?Cool Newbie Bonus
?Sleek Mobile App

38
57%
TOTAL SCORE

100% Up to €100 Welcome Bonus

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

39
57%
TOTAL SCORE

100% up to £30 Free Bet Welcome Bonus

??Sports betting options
?Juicy Bonuses
?Live sports

40
53%
TOTAL SCORE

No Sportsbook Bonus

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

41
49%
TOTAL SCORE

100% up to €10000

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

42
48%
TOTAL SCORE

€1500 Welcome Bonus

Cool layout
Sports betting
Fast payments

43
38%
TOTAL SCORE

No sports betting bonuses

44
34%
TOTAL SCORE

5% Daily Cashback

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

45
33%
TOTAL SCORE

100% Up to €500 with WLT001 code

?Good bonus collection
??Wide-range of sports markets
??24/7 customer support

46
32%
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50% up to €100 Welcome Bonus

??Excellent sports collection
?Good bonus and promotional deals
??Playable via FIAT and bitcoins

47
30%
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50% Up to €100 Welcome Bonus

?Pay N Play Bookie
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?Additional Casino Section

48
27%
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No sports betting bonuses

49
20%
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100% Up to €150 Welcome Bonus

??Mobile application
?24/7 customer support
??A wide range of betting options

50
18%
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100% up to €35 + Cashback

?Mobile-friendly
✔Various betting options
?Attractive odds

51
14%
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Get Up To €200 Welcome Bonus

?Good sports events collection
?Several banking options
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52
12%
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110% up to €1000 Welcome Bonus

??Instant Cashouts
?Tournaments and VIP program
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53
12%
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100% up to €20 Welcome Bonus

??A wide range of betting options
?VIP Programme
?Mobile Betting

54
10%
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100% up to €122

?User-friendly Mobile App
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?€122 Bonus

55
10%
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100% up to €130 with BETTINGREX code

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

56
10%
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100% up to €100 Welcome Bonus

??A wide range of betting options
?Mobile Betting
?Simple and responsive website design

57
10%
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100% Up to €100 Free Bet

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

58
10%
TOTAL SCORE

100% up to €100 Welcome Bonus

Generous welcome bonus
Excellent mobile compatibility
Many banking options available

59
10%
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No sports betting bonuses

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

60
10%
TOTAL SCORE

50% Up to €50 Welcome Bonus

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

61
10%
TOTAL SCORE

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

62
10%
TOTAL SCORE

€10 Free Bet

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

63
10%
TOTAL SCORE

200% up to €200 Bonus

?€200 Bonus
?Mobile-Friendly
?Successful Customer Support

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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