Doubles are where you put two bets on different sports events together as one wager and the odds get multiplied by one another as a result. That’s all there is to it. No need to scratch your head any longer wondering what does Doubles mean in betting circles? Our experts are here to teach you all about it. Get the Double bet explained in full, so you understand completely how it works and when to use this type of wager. We start, as ever, with more information on this popular bet.
So, exactly what does Double mean in betting terms? This is the simplest form of the multiple bet types. To recap, a Double bet contains two selections from different events put together in the same wager. This is placed as one bet with a single stake. You can, if you wish back the separate outcomes differently on online betting sites, but sometimes it makes more sense from a gambling perspective to combine them.
Now that you’ve had the basics of Double betting explained to you, let’s dig a little deeper. As you put two bets from separate events into one wager here, that means the odds are multiplied together. That is what you must do if you want to work out a Double bet and what it’s worth. Both legs must win for the wager to payout, so one success isn’t enough.
A key part of getting your head around what does Doubles mean in betting is understanding the practicalities of it. For example, you want to bet on two players fancied in the latest tennis betting to win their respective matches. Let’s say Rafael Nadal and Carlos Alcaraz at 8/11 and 10/11, respectively. Both men are odds-on to win, so multiply their prices together.
You can use a free bet calculator to help you, but this works out at 23/10, a price between more traditional fractional odds of 9/4 and 5/2. Provided both players do the business on court, you stand to gain a bigger return from a Double bet than if backing these outcomes individually as win singles.
For certain sports and specific markets, you can also put each way Doubles on. These are great because two placed selections put together are settled as a winner. While the unit stake, well, doubles, compared to a straight win Double, to cover both the outright and placed part of the wager, this mitigates some of the potential for loss.
You’ll need to look closely at the place terms as to what does Doubles mean in betting each way and if it’s worthwhile. A fraction of the outright win odds are available, but you ideally want to at least break even from the placed part of the wager. The number of places offered may depend on the number of potential outcomes you can bet on or the type of event in question.
An each way Double bet on horses at 5/1 and 6/1 where a fifth of outright odds pay on three places works out at between 44/1 and 45/1 if both win. This is because you receive returns from the bookies on both outright victory and running into a place at Evens and 6/5, respectively.
If you get a winner and a placed horse from your each way Double, then the payout is 34/10, between 100/30 and 7/2. This is because the straight win Double bet is a loser, but both runners made the frame and were placed. You’ll receive the same return if both horses finish second.
Just to rubber stamp your understanding of what does Doubles mean in betting terms, it’s instructive to look at positives and downsides of this wager. No form of gambling is perfect or risk-free; so, in the interests of balance, these are the advantages and drawbacks of Double betting today:
The beautiful game is a national obsession in the UK, so a spot of Double betting on two fancied teams is commonplace now. Punters will probably go further than that, placing football accumulators on the sides they fancy to win with Saturday the busiest day when most matches take place. Any number of markets on different games can be combined as Doubles if you want to.
It’s not just about the regular 1X2 match result betting these days either. As punters seek more value betting options, your Double wagers can go way beyond this. These are some of the markets that you may want to consider to include together just to mix things up and open up new gambling avenues for you:
While football is the most popular betting sport today, Doubles wouldn’t exist if it wasn’t for horse racing. Still more intricately tied to gambling than anything else, UK Gambling Commission industry statistics from November 2022 found between a quarter and a third (£768,500,000) of the Gross Gambling Yield for remote betting (£2,400,000,000) came from people wagering on the horses.
Double betting plays its part in those huge volumes of money staked on the races every single year. Putting two horses that you fancy together is a great option for punters. This sport allows each way betting, provided there are more than four runners in a race, so that acts as an extra incentive to do so.
Given the highly competitive nature of high-profile races and big field handicaps, a Double bet on horse racing could prove really lucrative off a small stake. That’s a big plus with them. If it’s your lucky day, then winning Doubles may come your way, but remember the risks attached with betting on a sport like horse racing with so many variables and factors to consider.
Just like any bet, there’s a right time and place for Doubles. Knowing what some of these scenarios are can help you to make better decisions when wagering. Our experts have some Double betting tips that you should follow. While we can’t promise that the below advice always leads to winners, it does more often than not:
Any bookmaker worthy of the name should let you put Doubles on. Whether that’s in a betting shop or using an online sportsbook, taking these particular wagers is just like breathing to them. Some bookies have better odds and reputations for Double betting than other, so check out four or five of the best in the UK and pick one or two that suits you the best.
We recommend using a Double bet calculator to save you doing the legwork yourself. These automatically do all the maths for you based on the data you put into them. If you want to figure out what a Double pays in your own head, or using a pen and paper, though, then it’s just a case of multiplying the prices for each leg together. You may wish to convert the odds from fractions to decimals to make this easier. Whatever format you’re used to, our Double betting calculator is the most convenient way of seeing profit and returns from your wager.
There’s plenty of upsides to Double bets. You receive greater winnings than if backing the outcomes separately as Singles. A small stake can turn decent profits and you may have the option of putting on an each way Double.
There simply may not be much value in backing two individual sporting outcomes separately, especially if you can’t even double your money doing so. This is where combining them together as a Double comes into its own. That’s the most common scenario, to get more juice out of two short-price selections.
A running Double in horse racing terms means the first leg of the bet has already won. You have so much money running on to the second and final, decisive leg as to whether you win or not.
It depends on the prices involved. A win Single at big odds may pay out more, and thus be more profitable than any Doubles. However, combining two selections together, is often more likely to work out better because of the multiplication of the odds involved in a Double bet over backing the same two selections as Singles.
As much or as little as you want it to. Your unit stake doubles if you want to place an each way Double but, apart from that, you’re in complete control of how much money you want to gamble on this bet.