Double chance betting is a popular and straightforward betting strategy that provides more favourable odds of winning. In this article, we’ll explain the concept of double chance betting, its benefits, and provide examples to help you understand how it works.
What is Double Chance Betting?
Double chance betting is a wagering strategy that allows you to cover two of the three possible outcomes in a match, increasing your chances of winning. It is commonly used in football betting, where you can bet on a team to win or draw, but it can also be applied to other sports with similar match outcomes.
How Double Chance Betting Works
In double chance betting, you can choose from three betting options:
- Home Win or Draw (1X): You win if the home team wins or the match ends in a draw.
- Away Win or Draw (X2): You win if the away team wins or the match ends in a draw.
- Home Win or Away Win (12): You win if either team wins, but not if the match ends in a draw.
Benefits of Double Chance Betting
Double chance betting offers several advantages for bettors:
- Higher Probability of Winning: By covering two out of three possible outcomes, your chances of winning increase.
- Lower Risk: Double chance betting can be a safer option, particularly when betting on evenly matched teams or unpredictable matches.
- Ideal for Underdogs: It can be a useful strategy when you believe an underdog has a chance to win or at least secure a draw.
Double Chance Betting Examples
To help you understand how double chance betting works, let’s consider some examples:
Example 1:
Match: Liverpool vs Manchester United
Odds: 1X (Home Win or Draw) – 1.40, X2 (Away Win or Draw) – 1.60, 12 (Home Win or Away Win) – 1.25
If you bet £10 on 1X (Home Win or Draw), you would win £14 if Liverpool wins or the match ends in a draw. However, you would lose your bet if Manchester United wins.
Example 2:
Match: Arsenal vs Chelsea
Odds: 1X (Home Win or Draw) – 1.50, X2 (Away Win or Draw) – 1.55, 12 (Home Win or Away Win) – 1.30
If you bet £10 on X2 (Away Win or Draw), you would win £15.50 if Chelsea wins or the match ends in a draw. However, you would lose your bet if Arsenal wins.
Conclusion
Double chance betting is a simple and effective strategy that can increase your chances of winning by covering multiple outcomes. By understanding how it works and using real-life examples, you can apply this strategy to your bets and potentially reduce your risks while enjoying a higher probability of success.