Double action is a term that describes a type of bet that has two parts, the second part being dependent on the outcome of the first part. Double action is also known as an if bet or a conditional bet. Double action is a common and convenient way of placing multiple bets in a sequence, especially in sports betting.
Choose two events or games that you want to bet on. You can select from various sports and events, such as football, basketball, baseball, soccer, tennis, golf, etc.
Choose the type of bet that you want to place for each event or game. You can select from various types of bets, such as moneyline, point spread, totals, props, or futures.
Choose the selection that you want to bet on for each event or game. You can select from various teams or players that are competing in the event or game.
Enter the stake that you want to wager on the double action bet. The stake is the amount of money that you risk on the bet. The stake of the double action bet is usually divided equally between the two parts of the bet.
Check the potential payout and the odds of the double action bet. The potential payout is the amount of money that you can win if the bet is successful. The odds are the ratio of the payout to the stake. The odds of the double action bet are calculated by multiplying the individual odds of each part of the bet.
Confirm and place the double action bet.
The outcome and payout of your double action bet will depend on the results of each part of the bet. There are three possible scenarios:
Scenario 1: Both parts of the bet are correct. You win the full payout of the double action bet, which is equal to your stake multiplied by the odds of the double action bet.
Scenario 2: Only the first part of the bet is correct. You win a partial payout of the double action bet, which is equal to your stake multiplied by half of the odds of the double action bet. The second part of the bet is canceled and does not affect your payout.
Scenario 3: The first part of the bet is wrong. You lose your entire stake and receive no payout. The second part of the bet is canceled and does not affect your loss.
Examples of Double Action Bets
Here are some examples of double action bets with different sports and types of bets:
Example 1:
A double action bet on two football games with two moneyline bets:
A double action bet on two basketball games with two point spread bets:
• Game A: Los Angeles Lakers vs Boston Celtics
• Bet type: Point spread
• Selection: Los Angeles Lakers -5.5
• Odds: -110
• Game B: Houston Rockets vs Golden State Warriors
• Bet type: Point spread
• Selection: Houston Rockets +3.5
• Odds: -110
• Stake: $100 ($50 for each part)
• Odds: -110 x -110 = 121
• Potential payout: $100 x (121) = $121
• Scenario 1: Both teams cover the spread. You win $121.
• Scenario 2: Only Los Angeles Lakers cover the spread. You win $100 x (-110) / 2 = $55. Houston Rockets vs Golden State Warriors is canceled.
• Scenario 3: Los Angeles Lakers fail to cover the spread. You lose $100. Houston Rockets vs Golden State Warriors is canceled.
Pros and Cons of Double Action Bets
Double action bets can have some benefits and drawbacks for bettors. Some of them are:
Pros:
They can provide more control and flexibility for bettors who want to place multiple bets in a sequence, as they can decide which events or games to include and in what order.
They can reduce the risk and exposure for bettors who want to place multiple bets in a sequence, as they can limit their losses if the first part of the bet is wrong.
They can save time and money for bettors who want to place multiple bets in a sequence, as they can place one bet instead of two or more separate bets.
Cons:
They can decrease the potential payout and value for bettors who want to place multiple bets in a sequence, as they have to pay an extra fee or juice for the double action option.
They can lower the chances and probability of winning for bettors who want to place multiple bets in a sequence, as they have to be correct on both parts of the bet to win.
They can limit the options and preferences for bettors who want to place multiple bets in a sequence, as they have to choose two events or games from different markets or categories.
To Sum Up
A double action bet is a type of bet that has two parts, the second part being dependent on the outcome of the first part. A double action bet is also known as an if bet or a conditional bet. A double action bet is a common and convenient way of placing multiple bets in a sequence, especially in sports betting. Bettors can place double action bets by choosing the events, the types of bets, the selections, the odds, the payout, and the stake. Double action bets can have some pros and cons for bettors, depending on their goals and preferences.