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What is Double Chance in Betting?
What is Double Chance in Betting?
Double chance is a popular betting market that provides punters with an increased chance of winning by covering two of the three possible outcomes in a match. In this article, we will explore the basics of double chance betting and how to use it to your advantage.
What is Double Chance in Betting?
In most football matches, there are three possible outcomes: a home win, a draw, or an away win. Double chance betting allows you to cover two of these three outcomes, thus increasing your chances of winning. This is achieved by placing a single bet on two possible outcomes simultaneously. Essentially, you can choose two out of the three outcomes, and if either of these two outcomes occurs, you win the bet.
For example, let’s say there’s a match between Manchester United and Liverpool. In the 1X2 betting market, you can choose one of three outcomes: a Manchester United win (1), a draw (X), or a Liverpool win (2). In the double chance market, you have the option to bet on two of the three possible outcomes. You can choose either Manchester United or draw (1X), Liverpool or draw (X2), or Manchester United or Liverpool (12).
How Does Double Chance Work?
Double chance betting works by combining two of the three possible outcomes into a single bet. By covering two outcomes, you are essentially hedging your bet and increasing your chances of winning. Here are the three possible double chance bets:
- 1X: This means you are betting on a home win or a draw. In other words, if the home team wins or the match ends in a draw, you win the bet.
- X2: This means you are betting on an away win or a draw. In other words, if the away team wins or the match ends in a draw, you win the bet.
- 12: This means you are betting on either team to win. In other words, if either team wins the match, you win the bet.
Advantages of Double Chance Betting
One of the main advantages of double chance betting is that it provides an increased chance of winning. By covering two of the three possible outcomes, you are essentially hedging your bet and reducing the risk of losing. This can be especially useful in matches where the two teams are evenly matched, and the outcome is difficult to predict.
Another advantage of double chance betting is that it can be used in combination with other markets to create more complex bets. For example, you could use double chance in an accumulator bet to increase your chances of winning.
Disadvantages of Double Chance Betting
The main disadvantage of double chance betting is that it typically offers lower odds than other betting markets. This is because the bookmakers know that by covering two outcomes, they are reducing their risk of losing. As a result, the odds offered on double chance bets are usually lower than those offered on the 1X2 market.
Another disadvantage of double chance betting is that it can be more difficult to predict the outcome of a match when you are covering two possibilities instead of one. This can make it harder to identify value bets and make accurate predictions.
Double chance betting is a popular market that provides punters with an increased chance of winning by covering two of the three possible outcomes in a match. It can be a useful tool in your betting arsenal, especially in matches where the two teams are evenly matched. However, it’s important to remember that double chance betting typically offers lower odds than other markets and can be more difficult to predict. As with any betting market, it’s important to do your research, identify value bets, and bet responsibly.