Double Chance Betting

• What Is Double Chance Betting?
• Double Chance Bet Example
• Types Of Double Chance Bets
• Advantages Of Double Chance Bets
• Disadvantages Of Double Chance Bets
• Double Chance Betting Tips
• Examine The Teams
• Research The Teams’ Form
• Look At Team News
• Are Double Chance Bets Worth It?
• Double Chance Betting Summary

If you want to dip your toe into football betting in the most risk-free way possible, then consider using a double chance bet.

You may be wondering - ‘’what does double chance mean in betting?’’ After all, the bet is not exceedingly popular and is far less famous than match, outright, and both teams to score bets.

If you have any reservations around a double chance bet, then this guide contains all the information you need to know about the double chance betting strategy, along with its inherent advantages and disadvantages.

Let’s get right in by discussing what the market is and where you can use it.

What Is Double Chance Betting?

Let's quickly explain the meaning of double chance in betting.

Double chance betting involves improving the probability of successfully betting on a match. Conventional betting, which involves three outcomes, gives the punter a 33.3% chance of being successful. This is because the outcomes available are a home win, an away win, or a draw.

Double chance betting, however, doubles the probability of success to 66.6% by giving you two outcomes to bet on.

Double Chance Bet Example

For example, a double chance football bet could involve Manchester United to win or draw, and your bet will be a success should the Red Devils avoid defeat.

Double chance betting is lower-risk, convenient, and safer. New bettors may feel more comfortable with the added security of the double chance bet, but they should keep in mind that the odds will be lower.

The lower odds in double chance betting is due to the likelihood that your bet will come in. This market may not be the most lucrative, but it’s an appealing option for those who would like to eliminate as much risk as they can.

Types Of Double Chance Bets

Most major UK bookmakers offer three variations of double chance betting:

• Betting on a home victory or a draw. The away team is the loser.
• Betting on an away victory or a draw. The home team is the loser.
• Betting on a home or away victory. A draw loses the bet.

Which type of double chance bet you use will depend on several factors (which we’ll get into below) and how you think the game will unfold.

Advantages Of Double Chance Bets

Like any other betting market, there are inherent pros and cons of double chance betting, and the market certainly isn’t perfect.

Advantages of double chance betting include:

1. Lower risk betting
2. The possibility of betting on two outcomes rather than one
3. Your team doesn’t have to win for the bet to be successful

Double chance bets are ideal for those who are new to football betting and are seeking a market that has low-risk.

Intermediate and advanced bettors can, by all means, use a double chance bet if they wish.

Disadvantages Of Double Chance Bets

With low-risk comes low-reward. Some of the disadvantages of double chance bets include:

• Low odds due to the 66.6% chance of success
• The excitement of a classic match bet being reduced
• The market can seem tedious to those who are used to more frantic markets

There is no such thing as the perfect bet, as the process will always have risk attached to it. The key is to find a betting market that resonates with you.

Double Chance Betting Tips

Double chance betting may sound easy and relatively pressure-free on paper, but you still must conduct the same research process as other betting markets if you wish to be successful. Just like with any form of betting, there is no such thing as sure double chance tips but following these steps will make your double chance football bets lower risk.

Examine The Teams

One of the most vital parts of deciding where to use your bet is looking at the quality of the teams on-show.

If one team is far stronger than the other, then them being the away side is of lesser importance.

Let’s say you are betting on the away team to win or draw in your double chance bet. If Team B (the away side) is sitting pretty at the top of the table, then there’s a very good chance your bet will be successful.

The odds in this example will not be particularly high, but the risk involved will be considerably minimized.

Research The Teams’ Form

If you’re betting on a home victory or a draw, then one of the first things you should consider is your chosen team’s recent form, particularly at home.

Your bet has a good chance of coming back to haunt you if your team has a turgid home record, and if their opposition is of vastly superior quality. If there’s one facet of the research process to prioritise, it’s form.

It’s also worth looking at the respective teams’ head-to-head record over recent seasons to paint a better picture of what’s going to unfold.

Look At Team News

Team news is vital for any football bet, as even slight alterations in personnel can dramatically impact a team’s chances of success.

To failsafe your double chance bet even more, make sure you’re up-to-date with team news, injuries, suspensions, and transfers, as all of these areas can affect the outcome of a game.

Even the best teams are a shell of themselves without their key players, and their absences can swing the pendulum of probability in favour of their opponents.

Are Double Chance Bets Worth It?

Deciding whether double chance bets are worth it or not entirely depends on what you want out of your football betting journey.

Double chance bets can be great if you wish to ease into football betting in a low-risk environment. However, they don’t offer much in the way of excitement, and can be considered a little too rudimentary for those who have been betting a long time.

Double Chance Betting Summary

Double chance betting involves betting on two outcomes rather than one, increasing your chances of success from 33.3% to 66.6%. Choosing this market may sound like a no-brainer, but keep in mind that, due to the probability of success, odds in this market are considerably lower than others.

However, double chance betting remains an option for those new to football betting, or those simply looking for a low-risk alternative.