Double Chance betting is a popular betting option in football that allows you to cover two out of the three possible match outcomes (home win, draw, or away win) with a single bet. This type of bet can be an attractive choice for bettors looking to reduce risk or betting on matches where the outcome is less certain. In this article, we’ll explain how Double Chance betting works, discuss its advantages and disadvantages, and provide an example to illustrate this betting type.
Understanding Double Chance Betting
In Double Chance betting, you are betting on two out of the three possible outcomes of a football match. The three Double Chance betting options are:
- Home or Draw (1X): You win if the home team wins or the match ends in a draw.
- Draw or Away (X2): You win if the away team wins or the match ends in a draw.
- Home or Away (12): You win if either the home team or the away team wins.
The odds for Double Chance bets are typically lower than those for Match Result (1X2) bets, as you have a higher probability of winning by covering two outcomes.
Advantages of Double Chance Betting
Double Chance betting offers several advantages:
- Reduced risk: By covering two out of the three possible outcomes, Double Chance betting reduces the risk of losing your bet compared to betting on a single outcome.
- Increased chances of winning: With two outcomes covered, you have a higher probability of winning your bet compared to Match Result betting.
- Suitable for less predictable matches: Double Chance betting can be a good option when betting on matches where the outcome is less certain or when you believe a team has a good chance of avoiding defeat.
Disadvantages of Double Chance Betting
However, there are also some disadvantages to consider:
- Lower odds: As Double Chance bets have a higher probability of winning, the odds offered are typically lower compared to Match Result bets.
- Reduced potential returns: The lower odds associated with Double Chance bets mean that potential returns are also lower compared to betting on a single outcome.
Example of a Double Chance Bet
Let’s walk through an example of a Double Chance bet:
- In an upcoming Championship match, Leeds United is hosting Nottingham Forest.
- The bookmaker offers the following fractional odds for the Double Chance markets:
- Leeds United or Draw (1X): 2/9
- Draw or Nottingham Forest (X2): 6/4
- Leeds United or Nottingham Forest (12): 1/7
- You believe that Leeds United is in good form and unlikely to lose, so you place a £100 bet on Leeds United or Draw (1X).
- After 90 minutes plus injury time, the match ends in a 1-1 draw.
- As you bet on Leeds United or Draw (1X), and the match ended in a draw, you win your bet.
- Your return would be: (£100 x 2/9) + £100 = £122.22 (including your original stake).
Conclusion
Double Chance betting is an attractive option for football bettors looking to reduce risk or bet on matches where the outcome is less predictable. By covering two out of the three possible match outcomes, Double Chance bets offer a higher probability of winning compared to Match Result bets, albeit with lower odds and potential returns.
As with all forms of gambling, it’s essential to bet responsibly and within your means. By understanding how Double Chance betting works and weighing its advantages and disadvantages, you can make informed decisions when placing your bets and potentially add a valuable tool to your football betting strategy.