Do you want to significantly increase your chances of winning? Implementing double chance in betting can help you become a more successful gambler. Pick up one more skill for your bag of betting strategies by learning about double wagering today.
What Is The Meaning Of Double Chance In Betting
A double chance bet is a strategy that applies mostly to three-way bets and when the chances of a draw are generally determined to be higher than usual. This is most applicable to sports where the score is based on goals or touchdowns.
With this type of betting, you’re placing your wager on two outcomes, not just one. So as far as your winning is concerned, what you’re doing here is reducing the number of outcomes from three to two.
How To Use Double Chance In Betting
Double chance in betting means a lot of strategies that involve placing two bets on the three potential outcomes. At its most basic, the probability of the three events happening is equal. Here are the bet variations that you should know about:
- 1X – You’re wagering on the home team winning or the game ending in a draw.
- 12 – You’re wagering on either the home or away team winning.
- X2 – You’re placing a wager on the away team to win, or for the game to end in a draw.
The wagering odds are rarely equal. With both 1X and X2, you’re assuming that the home (for 1X) or away (for X2) team would come out victorious. Players go for these when the favorite’s victory is estimated to be greater than 2.0. In such cases, you’re betting on X (draw) for insurance.
Although double chance betting, in general, is used when the teams are equally matched, some also use it to back an underdog. If the favorite is the away team, various factors like jet lag and familiarity with the field can affect their performance. This makes an underdog victory with a much higher payout possible. Therefore, it would make sense to bet on the underdog and a draw.
What Sports Are Better For Double Chance
You’re required to place bets on two out of three potential outcomes using double chance in betting. This means, there should be three possibilities (win, lose, and draw) at the minimum if you want to try out. We recommend this betting strategy for the following sports.
Double chance is most popularly used in football because the odds of the game ending with a tie are high. In fact, around 25% of matches end in a draw in Major League Soccer. This is what double chance betting is made for. To increase the stakes, you can also compound your bet by placing your wager on over/under. Check with your bookie to see if it’s possible.
Although an NHL hockey game can go into a possible shootout and overtime so that there is no tie, the double chance remains a top betting choice. Like football, around a quarter of all games end in draws during regulation time. Therefore, you can massively win through an underdog’s more attractive odds by betting on them and a draw.
Double chance in betting is also popular in American football. With 7.2% of season games concluded as a tie, double chance in betting also applies here. Depending on what sports bets you’re allowed to make, you may be able to apply a double chance when betting for just the first or second half of the game.
Double Chance Bet Example
Double chance would allow you to win in two out of three outcomes. Take a look at double chance bet example. Let’s say that you bet 1X. This means that you’ll win if the home team either wins or draws with the away team. The only time you’ll lose is if the away team grabs the victory. Essentially, if the outcome that you didn’t bet on happens, you’re going to lose your wager.
Pros And Cons Of Double Chance In Betting
As with any other wagering strategy, meaning of double chance in betting is not suitable for every gambler. Consider pros and cons that we provide below and decide if you should apply this gambling system to make profit with your favorite sports.
- It increases the chances of landing a win from 33.33% to 66.67%.
- It spreads the risk across two different bets.
- It’s easy to use for a beginner.
- Your wins are reduced as compared with going with just one of the three possibilities.
- You can potentially lose more than what you would have if you just wagered on one outcome.
What does double chance mean? In betting, it’s a low-risk and easy-to-implement strategy that vastly increases your odds of winning by placing your wager on two outcomes instead of just one. But keep in mind, that it reduces your potential winnings as well.
So before you use double chance, make sure it’s appropriate given the existing odds and information available on the match. Because in the end, no system can beat well-informed bets. Good luck!
Frequently Asked Questions
What Is A Double Chance In Betting?
Double chance is betting on two out of the three possible outcomes when you place a sports bet to increase your probability of winning.
What Sport Is Good For Double Chance In Betting?
Soccer, football, and hockey are all good examples of the use of the double chance bet strategy. However, any sport that’s a three-way bet is good for this strategy as well.