Double Chance Bets: Expert Tips & Strategies
The double chance option offers a less risky bet by combining two out of the three possible game outcomes into one selection. However, this betting strategy offers lower odds than when you predict straight match outcomes.
In this guide, I’ll throw more light on what double chance betting is, its pros and cons and when to use the option. I mentioned how small the odds can get when using this type of bet, right? Thankfully, I’ll also provide some tips on how to improve your potential wins with double chance options. Let’s get started.
Quick facts about the double chance options:
Here are some quick facts about double chance options:
- A double chance option covers two of three possible math outcomes
- Double chance options are less risky than 1X2 betting
- This betting option has lower odds due to the reduced risks
- Double chances work well in accumulator bets to improve possible winnings with safer options
- This betting option can be used both in pre-match and in-play betting
What does double chance mean in betting?
Whenever I’m asked, “What is double chance in betting?” my default answer is that it’s a popular wagering option that allows you to cover two out of the three possible match outcomes, thus offering additional winning chances. While a win cannot be promised no matter what type of bet you place, this option is mostly used in sports like football, where a game can either be a home win, away win, or draw.
With double chance bets, you’re not mandated to predict a single outcome, as is the case with traditional 1X2 betting. Instead, you can combine two outcomes. While doing so minimizes risks, it also lowers the odds in comparison to a standard match result bet.
There are three double chance wager options:
- 1X (Home Win or Draw) – Your bet will win if the home team wins or the match ends in a draw. However, your wager loses if the away team wins the match.
- X2 (Away Win or Draw) – With this option, you’re predicting that the match will end in either a win for the away team or a draw at worst.
- 12 (Home Win or Away Win, No Draw) – Here, your prediction is correct if either of the teams wins. You can only lose if the match ends in a draw.
Here’s an example to better help you understand the meaning of double chance in betting:
Let’s assume you’re about to bet on a Premier League fixture between Liverpool and Arsenal. Consider the following details:
- Liverpool Win: 2.00 Odds
- Draw: 3.50 Odds
- Arsenal Win: 3.80 Odds
If you bet £100 on 1X (Liverpool Win or Draw) at 1.30 odds, you’ll receive £130 if the match ends in a draw or Liverpool Win. If, however, Arsenal wins, you lose the bet.
Double chance bets are a great betting option if you’re looking to make the most of the bets you place. From my experience, this approach helps when betting on teams known for a solid defense or when an underdog is likely to get at least a draw.
Pros and cons of double chance
Now that you’ve fully grasped what a double chance is in bet, here are some notable pros and cons of this betting option:
- Less risky prediction
- Reduces the chances of losing a bet
- Easy to understand
- The odds are lower
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When to use double chance betting
Understanding the meaning of a double chance bet isn’t enough; you must also know when to use the option. Here are my recommendations for when to use this betting strategy:
1. When the underdog has a high chance
One of the most common situations in which I use the double chance option is whenever an underdog has impressive form or a solid defensive record. At such times, I may consider them worth investing in with an X2 (Draw or Away Win) bet.
An example would be if a mid-table team is playing against a top club with several of its key players sidelined due to injuries or suspensions.
2. When one team has an outstanding home record
Some teams are known to be exceptional home performers, losing very few games on their turf and sometimes deserving of my betting on them to win the game. However, if I don’t feel like risking that particular selection, I often choose the 1X option, ensuring a correct prediction even when the match ends in a tie.
3. In derby or rivalry matches
High-stakes rivalry matchups involving competing teams produce tight contests, and the chances of a draw occurring are fairly high. A 1X or X2 unpredictable showdowns, A 1X or X2 double chance bet can be used for additional security against losses.
4. When both teams are on a winning streak
I favour the 12 option when the matched-up teams are on winning streaks. This ensures my wager wins if the match ends in a victory for either team.
5. When one team needs only a draw to qualify for a tournament or to secure a next-place spot
Teams in these situations might opt for a more defensive approach, raising the chances of a draw. A 1X or 2X bet would fit perfectly in this scenario.
6. When betting on defensive or low-scoring teams
When betting on a fixture involving two teams with strong defensive records, the chances of a draw are higher. However, outrightly predicting a draw may be too risk – that’s where the double chance bet comes in handy. Choose the team you feel is more likely to emerge victorious and bet on them to win or draw.
By strategically using double-chance betting in these scenarios, you can effectively manage your risk, although keep in mind that losing is just as possible as winning.
Top tips for maximizing wins with double chance betting
Here are a few tips to maximize your rewards with double chance betting:
Examine a team’s recent performances before betting on them. Have they been winning or losing games? Have they scored a lot of goals, or do they concede more?
Look for patterns that aid a double chance option by scanning through previous form and head-to-head results.
Consider how injuries, suspensions, or fixture pile-ups can change a team’s overall performance throughout a season and try to factor in how they affect different teams.
Another factor to consider is for what reason and in what state is one team heading into the match and how suited one team is to playing in different weather conditions.
Double-chance bet selections have lower odds, but you can multiply your potential winnings by placing an accumulator bet consisting of several carefully handpicked double-chance selections.
For example, placing three or four less risky double-chance bets in one accumulator bet can boost the total odds while maintaining a decent chance of winning.
If a match has started, but no goal has been scored after the first 20-30 minutes, the odds for double-chance bets will likely improve. Placing the bet after assessing the game reduces the uncertainty associated with predicting before the match begins.
Betting on a fixture’s heavy favorite with the Double chance market (for instance, 1X on a home team that is a dominant favorite) will yield extremely low odds, making it less rewarding. Look instead for balanced or unpredictable matches so that your double chance selections offer more value.
Significant changes in odds before a match starts could indicate critical changes like a late injury or shifts in betting trends. Once you notice the odds for a particular team to win keeps climbing, quickly check for lineup changes and other factors that could influence the match outcome.
These simple tips can help build up on your betting habits when utilizing the double chance bet strategy in your sports betting journey.
One of the best ways to lower financial risks while exploring the double chance strategy is by using bonuses you get from promotional offers. Many sportsbooks offer welcome bonuses in the form of free bets or no-deposit bonuses, which allows you to experiment with various markets without risking your actual cash. If you’re a newbie bettor or want to learn how double chance bets work, you can find your next no deposit bonus and test your betting strategy with no risk.
Conclusion – Double chance offers an exciting betting option
Overall, double chance options let you combine two out of three possible match outcomes for a less risky prediction. Keep in mind that the odds are lower than what you’d get with straight predictions. However, if you combine the tips I have provided in this guide, you can improve your time as a bettor.
Also, don’t forget that no betting market is 100% guaranteed to win. While the double-chance option may offer less risk when betting, it can also fail. Knowing this will help you manage your expectations and even improve your betting strategy. If you want to check out some of the available bookmakers in your region, you can simply take a look at the on-page promo banners here.
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Double Chance betting FAQs
🤔 What does a double chance bet mean?
The double chance option lets you combine two out of three possible outcomes in a match for a less risky bet. However, the odds tend to be smaller with this type of bet.
🧐 What are the double chance bet options?
There are three double-chance options: 1X (home team wins or draws), 12 (either team can win the match), and X2 (the away team wins or draws the match). Understanding how they work is important and can become an integral part of your betting strategy.
📉 Why are double chance betting odds lower?
Double bets offer lower odds than regular betting options because they let you predict two possible outcomes for one game, offering a less risky betting strategy.
