Double Chance Betting

Double Chance betting is a popular option for sports bettors who are looking for a way to increase their chances of winning their wagers. This type of betting allows bettors to cover two of the three possible outcomes in a sporting event, rather than just one outcome. This can be particularly useful in high-stakes games where the outcome is uncertain or in close matches where anything can happen. In this article, we will take a closer look at Double Chance betting, including what it is, how it works, and the advantages and disadvantages of this betting option. Whether you’re a seasoned sports bettor or just starting out, understanding Double Chance betting is essential for making informed betting decisions.

What is Double Chance Betting?

Double chance betting is where you will bet on a team to either win or play a draw and win if the team manages to do so. The only way to lose in a double chance bet is if the team you have betted on loses, otherwise you will get a prize no matter what the result it. The odds will be significantly lower than if you bet on a victory for the team or for a draw, but since you got both results covered, it is still a profitable way to bet. Double Chance is especially good for matches where you think there is no chance that the other team will win, but still believe that they can reach a draw. With double chance bets you will still be winning money if this happens, ensuring that you will get angry from an equalizing goal in the last seconds.

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Double chance betting is becoming increasingly popular as many hobby players have an easier time making a long term profit by choosing this option, instead of losing when a worse team makes a surprise draw against a top team. Doing a little bit of homework before making the bet will get you a very long way with the double chance betting.

What is Meant by Double Chance in Betting?

Double chance betting refers to the option to bet on two of the three possible outcomes in a sporting event, rather than just one outcome. This type of betting is offered in a variety of sports, including soccer and basketball, and is designed to give bettors a better chance of winning their wager.

What is Double Chance in Soccer Betting?

In soccer betting, a double chance bet allows a bettor to cover two of the three possible outcomes in a match. For example, instead of betting on a team to win outright, a bettor could place a double chance bet on a team to win or draw. This gives the bettor a better chance of winning their bet, as they are covering two of the three possible outcomes in the match.

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Example of Double Chance Bet in Soccer

Let’s assume you want to place a bet on Barcelona vs. Real Madrid and you believe that Barcelona will win because of their current good form and Real Madrid’s current bad form. However you do realize that there is a high chance of a draw, so you want to cover that option as well.

Barcelona 1X Double Chance Odds: 1.60

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Real Madrid X2 Double Chance Odds: 1.90

If you bet on Barcelona as double chance and you win because Barcelona wins or it finishes as a draw you will get your investment amount multiplied by 1.6 back.

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Should you bet on Real Madrid instead, they need to play a draw or win in order for you to win your bet. It is as simple as that.

Double chance betting is a popular betting option for sports bettors, especially in soccer and basketball. The concept is relatively simple, but it’s important to understand what a double chance bet is and how it works in order to make informed betting decisions.

What is a Double Chance Bet in Basketball?

In basketball betting, a double chance bet allows a bettor to cover two of the three possible outcomes in a game. For example, a bettor could place a double chance bet on a team to win or tie, rather than betting on the team to win outright. This type of bet gives the bettor a better chance of winning their wager, as they are covering two of the three possible outcomes in the game.

Example of Double Chance Bet in Basketball

Let’s say the match is between the Golden State Warriors and the Los Angeles Lakers. A bettor could place a double chance bet on the Golden State Warriors to win or tie. This means that if the Golden State Warriors win the game, the bettor wins their wager. If the game ends in a tie, the bettor also wins their wager. However, if the Los Angeles Lakers win the game, the bettor loses their wager.

What is 1X, 12 and X2 in Double Chance Betting?

1X, 12, and X2 are options in Double Chance betting, where the bettor covers two of the three possible outcomes in a sporting event. These options are commonly offered in soccer and other sports with three possible outcomes: a win for team 1, a win for team 2, or a draw.

1X (team 1 to win or a draw)

  • If the game ends in a win for team 1, the bettor wins their wager.
  • If the game ends in a draw, the bettor also wins their wager.
  • If the game ends in a win for team 2, the bettor loses their wager.

12 (team 1 to win or team 2 to win)

  • If the game ends in a win for team 1, the bettor wins their wager.
  • If the game ends in a win for team 2, the bettor also wins their wager.
  • If the game ends in a draw, the bettor loses their wager.

X2 (a draw or team 2 to win)

  • If the game ends in a draw, the bettor wins their wager.
  • If the game ends in a win for team 2, the bettor also wins their wager.
  • If the game ends in a win for team 1, the bettor loses their wager.

Double Chance in Sports Betting: Advantages and Disadvantages

There are both advantages and disadvantages to placing double chance bets in sports betting. One of the biggest advantages is that double chance betting gives bettors a better chance of winning their wager, as they are covering two of the three possible outcomes in a sporting event. However, one of the disadvantages of double chance betting is that the odds for these bets are typically lower than for traditional betting options, as the bettor is covering more outcomes.

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Another disadvantage of double chance betting is that it can be more difficult to determine which two outcomes to cover, especially in sporting events with many variables at play. This requires careful consideration and research on the part of the bettor, as they need to make informed decisions in order to increase their chances of winning their wager.

How do you win a Double Chance Bet?

To win a double chance bet, the following conditions must be met:

  • The chosen two outcomes must occur: For example, if the bettor chooses “1X” (team 1 to win or a draw), then the game must end in either a win for team 1 or a draw. If the game ends in a win for team 2, the bettor loses the wager.
  • The odds must be favorable: Just like with any other type of bet, the odds play a role in determining the potential payout. The bettor must choose odds that they believe will give them a good return on their investment.
  • Understanding the sport and the teams: It’s important to have a good understanding of the sport and the teams involved in the game. This includes knowledge of their recent performance, key players, and any relevant factors that may impact the outcome of the game.
  • Manage risk: Double chance betting can be a useful way to manage risk, but it’s important to remember that no betting option is foolproof. Betting should be done in moderation and with a solid understanding of the risks involved.

What is Double Chance 12 in betting?

Double Chance 12 in betting refers to a type of double chance bet in which the bettor covers two out of three possible outcomes, with the specific outcomes being a win for either team (1) or a draw (X). The “12” in “Double Chance 12” refers to the bettor choosing team 1 (first team listed in the betting odds) or a draw, rather than choosing team 2 (second team listed in the betting odds). This type of betting option is commonly offered in soccer and other sports where there are three possible outcomes: a win for team 1, a win for team 2, or a draw. By choosing to cover two of these outcomes, the bettor has a better chance of winning their wager compared to betting on a single outcome.

Double Chance and Over 2.5 Meaning

An example of a combination bet of Double Chance and Over 2.5 would be betting on a soccer match where you think the result will be either a win for team A or a draw, and that there will be at least 3 goals scored in the game. If both of these outcomes occur, your bet will be a winning one. For instance, if the final score is 2-1 in favor of team A, both the Double Chance (team A win) and Over 2.5 (3 total goals scored) conditions have been met, so your bet would be successful.

Alternatives to Double Chance Betting

There are several alternatives to Double Chance betting in sports betting, some of which include:

  1. Moneyline or Outright winner betting: This is a straightforward type of betting where the bettor chooses a team to win outright. The odds for this type of betting will reflect the perceived likelihood of each team winning the game.
  2. Point Spread betting: This type of betting involves betting on the outcome of a game with a handicap, where one team is given a certain number of points advantage. The bettor then chooses which team will win by more points, taking into account the handicap.
  3. Totals betting: Also known as Over/Under betting, this type of betting involves betting on the total number of points, goals, or runs that will be scored in a game. The bettor chooses whether the total will be over or under a predetermined number.
  4. Prop betting: This type of betting involves betting on specific events or outcomes within a game, such as the first team to score, the total number of yellow cards, etc.
  5. Futures betting: This type of betting involves betting on the outcome of a future event, such as which team will win the championship at the end of a season.

Final Thoughts on Double Chance Betting

Double chance betting is a popular option for sports bettors, as it gives them a better chance of winning their wager. However, it’s important to understand what double chance betting is, how it works, and the advantages and disadvantages of this betting option in order to make informed decisions. By considering all of these factors, bettors can make informed decisions and increase their chances of winning their wagers.