What is Double Chance Sports Betting?
Double chance, on the other hand, consists of betting on the outcome of a match or any team depending on the level of the match or the number of goals that the team they are betting on has scored. The bookmaker offers competitive odds and more interesting propositions than the odds of the match.
The odds on double chance are usually very interesting when the team that has a better chance of winning is considered the favorite. However, bookmakers often offer lower odds than the odds of the match. Indeed, if the favorite team has a lower level of match, the odds are much lower than those of the draw.
The Classic Double Chance Bet
The double chance sports betting allows you to reduce the risk of losing your winnings when betting. Indeed, it is different from a classic 1N2 bet, where only one result is possible. In fact, the double chance bet allows you to bet on two outcomes for a match instead of one. You will then have 2 chances out of 3 of winning your prediction.
A double chance bet can therefore take the form of 1/2, 1/N or N/2. In other words:
- 1/2 bet: victory of a team without a draw.
- The 1/N bet: victory for the home team or draw.
- Bet N/2: draw or victory for the away team.
It is therefore clear that you will have twice the chance of winning your bet with the double chance but, in return, the odds of your prediction will also be lower than with a classic bet, with a lower potential gain.
If you have some doubts about the outcome of a match or do not know the teams, the double chance bet will suit you perfectly. You should know that bets placed in 1/2 will have lower odds than 1/N and N/2 since you will win your bet regardless of the winning team.
Tips and Tricks for Winning a Double Chance Bet
In our sports betting guide, we can advise you to choose the 2 most plausible outcomes at the end of a match. For example, the most common bet is to bet on the victory of one of the two teams or on a draw; this way, you will have much less risk of losing your prediction.
Spread the risks
When you make a double chance sports betting, we then recommend that you split your total stake in two according to the odds, in order to make two single bets. To understand how to do this, let's take an example:
Consider a match between the Lakers and Bulls,
- Bet $50 on the Lakers to win or the game to be a draw.
- Bet $50 on the Bulls to win or the game to be a draw.
By placing these bets:
- If the Lakers win or the game ends in a draw, you win the first bet.
- If the Bulls win or the game ends in a draw, you win the second bet.
This way, you cover two possible outcomes for each team and increase your chances of winning.
Know the teams and players
It is highly recommended to know the teams and players on which you base your predictions. Indeed, if you know a team by heart with its strengths and weaknesses, you will be able to easily determine whether it can win its match or not.
You can also deepen your knowledge of players individually in their club and on their national team in order to determine who is the best scorer.This way, you can then place double chance bets with a goal scorer more serenely.
You will therefore easily notice that double chance sports betting allows you to win your bets more easily since the risks are lower: 2 chances out of 3 of winning your winnings, even if the odds remain lower.
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How to Calculate Your Winnings with the Double Chance Bet?
To calculate your winnings during a double chance prediction, nothing could be simpler. Each bookmaker creates its odds according to a list of very specific criteria: match history, team results, injured players, ranking, etc. So, a simpler sports betting guide is; You have to take these same criteria into account to estimate your chances of winning.
To manually calculate your winnings, you will need to apply each formula according to your bet type (1/2, 1/N, N/2).
To calculate the double chance 1/N, take the odds offered for the winning team of the 1N2 match and make two bets with different stakes:
- Bet to be placed on odds 1 = Total bet / (odds 1 + odds N) x odds N.
- Bet to be made on odds N. = Total bet / (odds 1 + odds N) x odds 1
To calculate the double chance N/2, take the odds offered for the winning team of the 1N2 match and make two bets with different stakes:
- Bet to be placed on odds 2 = Total bet / (odds 2 + odds N.) x odds N.
- Bet to be made on odds N. = Total bet / (odds 2 + odds N.) x odds 2
To calculate the double chance 1/2, take the odds offered for the winning team of the 1N2 match and make two bets with different stakes:
- Bet to be made on odds 1 = Total bet / (odds 1 + odds 2) x odds 2
- Bet to be placed on odds 2 = Total bet / (odds 1 + odds 2) x odds 1
Also, know that there are odds calculators that will allow you to perform all these calculations quickly. Similarly, you can just pretend to place your double chance bet on the operator and let the bookmaker calculate it automatically, without validating your bet.
Additionally, each odds can be subject to a multiplier coefficient , a kind of bonus offered by your bookmaker. You will therefore have to multiply your odds by this multiplier, then multiply your stake, and you will obtain your potential winnings.
What are the Advantages and Disadvantages of the Double Chance Bet?
To get a clear picture of the issues surrounding double chance sports betting, we will give you a quick overview of the advantages and disadvantages in our sports betting guide:
| Advantages | Disadvantages |
|---|---|
| A bettor has the possibility of choosing a double bet (1/2, 1/N, N/2) | There is always the possibility of losing your bet (1 chance in 3, or 33.3%) |
| It increases the chances of winning compared to a classic bet (+66.7% chance) | Rather low odds compared to a classic bet |
| Big wins when you bet a big stake | Rather low winnings if you bet little money |
Sports Betting Guide
