What Is Double Chance Betting and How Does It Work?
In the world of sports betting, it is always a good idea to play within your best odds. Your favourite team might win and that, of course, is a cause for a big celebration. But when the outcome is not one of those favourable, you are left with nothing. But that doesn’t always have to be the case. It all comes down to double chance betting.
In this article, you will learn about what double chance betting is and why it’s getting more and more popular among sports betting enthusiasts.
What Is Double Chance in Betting?
Double chance betting multiplies the chances of winning the bet by giving the punter the opportunity to bet not on one but two different results for the game. In simpler terms, with double chance betting, you don’t have to choose one of three outcomes to the game. You can bet that one team wins or that the match ends in a draw at the same time. That’s the most popular variant of this bet. You can also risk and bet that the home team wins or the away team does, but there will be no draw. Either way, you have a bigger chance of winning the bet.
A double chance bet is especially popular in football where there can be only three outcomes: a win, a loss, and a draw. With that being said, when you decide to double chance bet, you have to consider that your odds will be lower than if you chose to place your bet on one outcome.
What Are The Advantages and Disadvantages of Double Chance Betting?
The apparent advantage of double chance bets is the higher chance of winning the bet. A double chance bet decreases the risk that comes with placing the bet; in some cases, it makes a lot of sense to choose this betting strategy. For example, you want to bet that your team will win, but you may suspect there is a significant probability that the match will end in a draw. This way, you can bet on the two possible outcomes and enjoy winning if those scenarios come true.
Betting on two outcomes instead of one sounds like a great deal, and indeed it is. As we mentioned earlier, this bet lowers your potential winnings, which could be considered its biggest flaw. However, for risk-averse punters, it’s still worth it. There are plenty of situations when double chance bets can save you a lot of nerves. What are they?
Scenarios in Which Double Chance Bets Make Sense
A double chance wager often works more in your favour than a single stake when it comes to football betting. It could be the case when one of the teams is an underdog and may actually win against the odds. Double chance odds might be much more attractive in that situation.
Another time when this betting strategy makes sense is when you have the reasons to suspect either home team or away team are not in their best form. Or the opposite, when you believe that one team has a great chance of winning, but you want to get more security with our odds. That way, even if the game ends in a draw, you can still win.
This wager has a lot of sense when both teams are in good form, and you can’t predict with much certainty which one will be the winner. That way, you’re choosing the safest option, and therefore you’re not risking it all by putting all of your eggs in one basket.
How Does Double Chance Betting Look in Practice?
The double chance strategy is best illustrated in an example. Let’s say we want to place the bet in the match between Manchester City and Real Madrid. We can place three different bets.
- A win for Manchester City and a draw.
- A win for Real Madrid and a draw.
- A win for either Manchester City or Real Madrid but no draw.
In this case, we have every reason to place a double chance betting market because both of these teams are well-matched, and the possible outcomes of this game are uncertain. Double chance wagers help the punters level out the field a little bit, so the bet is safer.
How Can I Place My Bet?
There are many betting sites that can help you with placing your wager. When betting online, it is best to use one of the betting apps. Not only is it very comfortable for you because you have easy access to your bets, and you can safely and fast operate with your finances, but very often, you can expect attractive bonuses that will make the betting that much more fun.
With online betting, you can place your wagers from every place with an internet connection. Betting is possible when you stand in a grocery line, wait for your children in the car or when you are on a break at work.
Betting online presents some long-term profits, as you can safely place your bets, see many different charts and rankings and place free bets and double chance wagers- all from the comfort of your own home. Your double bet in the champions league or any other tournament can be placed in one of the best betting apps on your phone in just a few quick minutes. Internet bookies give you many options, and they present interesting offers for new customers.
How Does the Online Betting Work?
The best way to gamble online is, in fact, with the app on your phone. Nowadays, you can easily download the app on your phone either from the App Store or, if you have an android, from Google Play Store and bookies websites. In the past, it was difficult for android users to download betting apps from Google Play Store due to Google’s strict antigambling laws, but now UK customers have access to quite many sports betting apps.
The next step would be setting up your account. It’s easy and usually takes only a few minutes. After that, you have access to various tools, like charts or live games, and you can place your double chance bet or any qualifying bet on a football match of your choice. Your first bet comes with bonuses, like a promotional period, bet credit, casino bonus, promo code, or additional free bets, so it’s worth checking out one of the betting apps.
Conclusion: Is the Double Chance Bet Worth It?
Unlike free bet, a double chance bet is not hugely popular, and it’s quite unclear why that is. It’s gaining more interest from sports bet enthusiasts, though, and lower odds are not a problem for many of them. It’s one of the best bets for games in which one team is an underdog, or both teams have equal chances for the win or a draw.
A double chance wager can be a great first bet for inexperienced punters who want to gain more confidence. Overall odds for the double chance bet are higher, and the bet is much safer. It’s a solid choice for risk-averse punters.
All new UK customers can now find all the best sports apps for placing bets and benefit from many attractive bonuses.