The Double Chance is a betting market available on team sports where you can wager on two of the three possible final results together. You’ve got not one, but two chances of your bet being settled as a winner. If you’ve ever caught yourself wondering what does Double Chance mean in betting terms, then ponder no longer. We’re here to expand on it and explain all to you. With our help, you’ll soon figure out the Double Chance meaning and see how it works.
So, precisely what does Double Chance in betting mean? It’s a type of wager you can place on the UK’s most popular sport. Specifically associated with betting on football matches and their outcomes, a Double Chance bet allows you to cover two potential results at once. That’s right, you get two goes in the same wager at saying what you think will happen on the pitch.
Now that you’ve got to grips with the basics of what does Double Chance mean in betting terms, you need to understand the options available to you. There are only three permutations to consider that comprise this market. This is because a Double Chance wager combines two of the match result possibilities together.
In traditional 1X2 betting, you can either back the home team to win (1), the away side for victory (2) or the game to end in a draw (X). Double Chance betting lets you group two of these outcomes together, so you’ve got more bases covered in terms of the match result. You can thus either bet on a home win or draw (1X), home win or away win (12), or away win or draw (X2).
Provided the outcome you didn’t include in your Double Chance bet isn’t the end result, the wager pays out regardless of which other options you put together. Let’s say that you backed Manchester City and the Draw in their away game with Liverpool. So long as the visitors avoid defeat at Anfield, then you’ve got yourself a winner and you don’t end up with a void wager like you do with Draw No Bet if the game finishes level..
You can see now when asked what does Double Chance mean in betting terms, that the answer is relatively simple. It’s an opportunity for you to cover two of three potential outcomes of a football game. Punters should also be aware that a Double Chance bet only covers the regulation 90 minutes and stoppage time of matches, not the outcome following extra time and after a penalty shootout.
With what is Double Chance in betting terms crystal clear in your mind now, it’s a good time to consider the upsides and drawbacks of this wager. Like any form of gambling, it’s not all positive, nor is it all negative. As we shall see, the Double Chance bet has its uses, but first let’s take a look at the benefits and disadvantages of this particular punt:
Getting your head around what does Double Chance mean in betting is only the beginning. The seasoned punter knows when this wager comes in handy. With this particular bet type, however, covering more than one of three possible outcomes is only really useful when you aren’t confident in your prediction about a match result.
Your first port of call before considering a Double Chance bet needs to be the regular 1X2 market. If there’s not much in it between a home win, away victory and the draw, it’s at this point when alternative wagers come under consideration. The Double Chance betting market makes sense now with no clear consensus in the market about the final outcome.
One thing you should prepare yourself for here are short betting odds. After all, a Double Chance bet lets you wager on two of the three possible results on the game. Most prices offered are going to be odds-on and that’s inevitable. You will have to decide for yourself if there’s any value betting to be had with the Double Chance or not.
Strategies have their part to play in smarter gambling. While we can’t guarantee that our experts’ advice will be right every single time, you should still consider what they have to say regardless. After all, it’s thanks to them that you fully comprehend what does Double Chance mean in betting and those doing the explaining also know a thing or two about how to make such wagering work for you. Follow their advice, and you’ll make better, more informed decisions more often.
All of the top betting sites in the UK right now include Double Chance among their football markets. It’s a staple among the wagers you can place on the beautiful game. Our advice is to pick a site that caters to your preferences, and if you want to narrow down the selection a bit we have several great betting sites reviewed who all provide double chance bets to their customers from our starting page. And with that, we hope that you had use of this article and now have a grounding in what a double chance bet is and know how to use it and want to wish you good luck in your future betting!
Much like any other wager you want to place online, you’ll need an account with one of the best bookies we recommend. Log in or sign up, and then make sure you have funds to bet with. After making a deposit, find the football match you want to wager on. The Double Chance betting will be available from the many markets on offer. Add whichever specific bet you want from the three options to the betting slip. All you have to do then is enter your stake and confirm everything.
Chances are that the Double Chance market will be one of the first that bookies price up after the match result betting. This is because of its close links and relation to that main market.
You can leave all the number crunching to our free bet calculator, which can handle the sums and arithmetic involved with Double Chance odds. This will show you how much profit, and your total returns, from a set stake in a variety of different bet types. If you want to put a Double Chance double, acca or Lucky 15 on, our calculation tool does it all.
If you’re backing winners, of course it is. A better question might be is a Double Chance bet as profitable as other wagers. The answer is probably not as you’re covering more bases by using this market.
The difference between handicap betting and Double Chance is considerable. With handicaps, you’re giving one team a pretend advantage or deficit in goals that they need to win or avoid defeat by in order for the wager to pay out. Double Chance betting, meanwhile, is covering two potential match results on the same betslip.
This is relative. You are taking much shorter prices with Double Chance than the regular 1X2 betting and the reduced odds means smaller profits and returns. For some punters, a win is a win. Just remember that you might not even be able to double your money through a Double Chance wager.