In the world of sports betting, the Double Chance bet stands out as one of the most popular markets available. This guide will provide a comprehensive breakdown of what a Double Chance bet entails and how you can use it effectively.
Overview of a Double Chance Bet
A Double Chance bet is a terminology frequently used in sports betting that simplifies the risk of choosing a match winner. Instead of betting on just one outcome, this market allows you to bet on two possible results. If you're uncertain about picking a definitive winner or loser, a Double Chance bet can be an excellent alternative.
You can bet on one of the following combinations in a Double Chance bet:
- The home team to win or draw;
- The away team to win or draw;
- Either the home or away team to win.
This betting option is not restricted to soccer alone. It can also be applied to other sports where the outcome might be a draw.
Double Chance 1X Explanation
When you select the double chance 1X, you're betting that the home team will either win or draw the match. This is a suitable market if you think the home team has a clear home advantage but the visiting team might still pose a challenge.
For example, consider a game between Chelsea and Brentford. If you think Chelsea is likely to win, but there's a possibility Brentford could secure a draw, then a 1X double chance bet would be a wise choice.
Double Chance X2 Explanation
Selecting the X2 double chance means you believe the away team will either win or draw. The perception here is that the visiting team's form could be strong enough to either win the match or end it in a tie.
Consider a match between Tottenham and Manchester City. If you think Manchester City will either win or draw, you can place an X2 bet. Even if the game ends in a draw, your bet will still win.
Double Chance 12 Explanation
Choosing the double chance 12 wager is an approach when you expect the match to have a definite result, with no draws. This means you think either team will come out victorious.
In this case, you should examine the teams' recent performances and head-to-head records to gauge their strength. This will help you determine if betting on either team to secure a win is a viable option.
Advantages and Disadvantages of Double Chance Betting
Double-chance betting appeals to both beginners and seasoned bettors due to its dual-outcome nature. We'll look into the benefits and potential downsides of this type of bet to assist you in making great betting selections.
Advantages
- Lower risk: By eliminating one of the outcomes, you reduce your chances of losing.
- Newbie-Friendly: Ideal for beginners seeking a safer introduction to sports betting.
- Support for underdogs: Allows you to bet on underdogs without the risk of a straight loss.
- Dual outcome payments: You're paid if either of the two outcomes occurs, unlike the draw-no-bet option.
Disadvantages
- Lower odds: Given the higher chances of winning, the odds are usually less interesting when compared to single-outcome bets.
Effective Strategies for Double Chance Bets
For those looking to maximize their odds of success with Double Chance bets, a strategic approach is vital. Here are a few handy tips and methods:
Increase Your Bet Slip
Adding more selections to your bet slip can enhance the overall odds. Double-chance bets often come with low odds, so multiple selections can make your wager more beneficial.
Analyze Game Stats
Some teams are more likely to either win or draw their games. By examining team statistics, you will gain insights into teams performing beyond or below their standings, making them a good bet.
Opt for Certain Matches
If you’re not into accumulator bets, backing strong teams through double-chance bets can be a safe strategy. Always set a fixed betting budget and proceed cautiously to manage risks.
Utilize Bonus Offers
Many reputable bookmakers offer bonuses for new accounts. These bonuses can be used for various types of bets, including double chance, provided you meet the promotional requirements.
Calculating a Double Chance Bet
You can place a double chance bet in any game with a Moneyline market (1X2). For games like football and basketball, this bet type can apply to the entire game or split sections like quarters.
Using a betting calculator along with checking the odds will help ensure that you understand the potential return on your wager. Below are two examples to illustrate how double chance betting works.
Example 1
An English Premier League match between Arsenal and Watford. Assuming Arsenal are favoured but you feel Watford might draw or win, you place a double chance wager on a Watford win or draw (X2).
- Game: Arsenal vs. Watford
- Your Bet: X2
- Odds: 1.30
- Final Score: Arsenal 0-0 Watford
As the game ends in a draw, your bet wins.
Example 2
After a successful bet on Watford, you decide to wager on their next game, this time against Manchester City. You bet on Watford to either win or draw (X1).
- Game: Watford vs. Manchester City
- Your Bet: X1
- Odds: 1.25
- Final Score: Watford 1-2 Manchester City
Since Manchester City wins, your double chance bet loses.
Frequently Asked Questions about Double Chance Bets
Does double chance include extra time?
No. Double-chance betting applies only to the result within regular time.
Can a double chance bet be combined with other bets?
Yes. You can mix a double chance bet with other betting markets. There are no restrictions.
What benefits does double-chance betting offer?
Double chance bets are among the safest, as they carry less risk, which makes them a well-followed betting option.
Is Double Chance a win or draw bet?
A double chance bet involves choosing two out of three outcomes: either the home team wins or draws (1X), the away team wins or draws (X2), or either team wins (12).