What is Double Chance Betting and How Does it Work?

A Double Chance bet is preferred mostly by two types of bettors, beginners and players who are willing to bet a large amount of money. The Double Chance concept is simple. You pick two out of three possible outcomes to increase your chance of winning. The advantages of Double Chance betting are obvious. You can bet on the result you think will be confirmed and still have another possible result as insurance on your betslip.

The majority of punters decide to bet a Double Chance on underdogs (outsiders) when they think the other team is overvalued by the bookmaker’s prediction, or when they feel that the odds offered on the underdog are wrong and represent good value for money.

– What are the basic Double Chance markets?

· Double Chance bet 12

In this market, you bet against the draw. It is similar to the lay the draw on the betting exchange market. It is ideal for matches without a clear favourite and where the draw will do no good for either side. Usually, it is highly recommended at the end of the league season where quite often both teams need a win. It can also be used in situations when two offensive and high-scoring teams are facing one another.

· Double Chance bet 1X

A good option if you think that the favourite is not going to have it easy. If for example, Man. City are travelling to face Everton. City are considered the favourites by all bookmakers. But still, they have a lot of player absences. And their head to head form in games with the Toffees is rather disappointing. And, Everton have been very strong in their home matches this season. You think that Everton will win this game, but then again you want to feel more secure about the outcome of your bet. The 1X Double Chance is the best option for you.

· Double Chance bet X2

It is similar to the example above but now we are betting against the home favourite. The reasons could be the ones already mentioned. Or it could be the unusual weather conditions or something that could change the terms on which the match will be played. If you really believe it and the price is right, don’t let this betting opportunity go to waste.

· Double Chance betting accumulator

The Double Chance acca bet can be used to add extra value to an already created accumulator. Usually, punters that are into big accumulators may add an extra leg in an attempt to increase their potential winnings. Double Chance can be used in this case as a way to increase your profit. But there are many punters that build accumulators exclusively with Double Chance bets. Usually, they bet large amounts of money and by doing that with a Double Chance acca they feel safer by backing two of the three possible results. Although we are generally not a big fan of Acca bets, please remember to include in your bets only odds that have a big value.

· Live Double Chance betting

Double Chance is recommended to be used in two live betting situations. First, if there is the possibility of a draw in a match with a clear favourite. You are aiming for a pick with high odds – the 1 2 in that case. Or in case of the underdog team (outsider) accidentally scoring the first goal, in this case, by betting on the Double Chance of the favourite team allows you to get higher odds.

· Draw No Bet (DNB) vs Double Chance

Why should you choose Double Chance when the Draw No Bet (DNB) option pays a whole lot more? A common question. There is one answer to this. These are two totally different types of bets. So the choice is up to you and what you want to achieve from your bet. Some bettors are searching big odds and have an all or nothing mentality by backing the underdog with a DNB. With the Draw No Bet (DNB) option they will take their money back if the underdog draws the match and enjoy a big win if their inspiration proves to be the correct one.

Using Double Chance is recommended if you are about to put a large amount of money on your bet. With that option, you have a mathematical 66% possibility of winning. The odds, of course, are shorter compared to the DNB, but you will now win some money regardless of the final result.

Whether you choose Draw No Bet or Double Chance will depend on the situation and your betting style.

– Frequently asked questions on Double Chance

· Is Draw No Bet (DNB) the same as Double Chance?

No, they are totally different types of bets as stated above.

· Can I place a Double Chance and over 2.5 bet?

You can, but not all bookmakers will offer this option though. It is called Combo Market and check it before you make your registration on the site.

· How to place a Double Chance bet?

The hard part is to decide what you want to bet on. Just when you feel ready you can pick one of the following options 1X, X2, 12. Usually, you can find them just below the Home – Draw – Away markets.

· +0.5/-0.5 vs Double Chance bet. Which one to pick?

We would say the Asian option is the better one. At least when it comes to odds, as betting is all about finding the best odds after all. By taking some time to understand how to calculate the Double Chance betting VIG, you can easily see that your odds will be shortened from around 1% to almost 3% in terms of the total payout. Unless you discover a mistake from a bookie where they are offering better odds on the Double Chance, it’s always best to stick to the Asian option.