How Does The Double Chance Bet Work

How Does The Double Chance Bet Work

By Oliver Liebscher @ 2020-10-07 15:18:16

When you place a Double Chance bet you are essentially doubling your chances to win. For example, rather than just betting on a single result, you are betting two possible results.

For example, in the Everton v Liverpool game:

A single result bet would be:

  • Everton to win
  • Liverpool to win
  • Draw

A Double Chance bet on the same game would be:

  • Everton or Draw
  • Draw or Liverpool
  • Everton or Liverpool

So, if you were to bet on Everton or Draw, then you will win if the match ends in either Everton winning or a draw. Sounds great, right!

What’s The Catch?

With three possible outcomes to a match result bet, normally you would only win if one out of the three outcomes comes in. With a Double Chance, you win if two out of three outcomes come in. This means the probability of it coming in is far higher - this in turn means the odds are significantly lower.

Let’s compare the odds:

Match Result Bet

Everton: 11/4 Draw: 16/5 Liverpool: 4/5
Implied Probability: 26.7% Implied Probability: 23.8% Implied Probability: 55.6%

Double Chance Bet

Everton or Draw: 10/11 Draw or Liverpool: 1/4 Everton or Liverpool: 2/9
Implied Probability: 52.4% Implied Probability: 80% Implied Probability: 81.8%

If you look at the match result bets, the highest implied probability is 55.6%, whereas the highest implied probability of Double Chance is 81.8% - this means it’s much more likely to happen, hence why the bookmakers will slash the odds.

How Can I Get Value With Double Chance Bets?

You may not get high returns with a Double Chance bet, however, they’re naturally safer than a single match result bet.

You can increase potential returns by combining multiple Double Chance bets into an accumulator bet.

For other great value bets, check out our accumulator tips and BTTS tips.

Sports Offers

Bet365 - Up to £100 in Bet Credits Bet365 rating 5.0

Up to £100 in Bet Credits

Claim £100

Min deposit £5/€5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

1XBet - First Deposit Bonus Up To €100 1XBet rating 4.5

First Deposit Bonus Up To €100

Claim €100

T&Cs apply. 18+. Gamble Responsibly.

Unibet - Bet £10 Get £40 Unibet rating 4.5

Bet £10 Get £40

Claim £40

New Customers only - £10 minimum deposit using promo code RACING - First bet must be placed on any market - Minimum stake £10 at odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. 18+ begambleaware.org T&Cs apply

888 - Bet £10 Get £40 888 rating 4.0

Bet £10 Get £40

Claim £40

New Customers only - £10 minimum deposit using promo code "Football" - First bet must be placed on any market - Minimum stake £10 at odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & Full T&C’s apply T&Cs apply

Coral - Bet £10 Get £30 in Free Bets Coral rating 4.0

Bet £10 Get £30 in Free Bets

Claim £30

18+. UK+IRE only. Paypal & some deposit & bet types excl. Min first bet £10 a odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £30 credited as 3 x £10 free bets. Not valid with CashOut. Free bet valid for 7 days. Free bet stake not returned. 18+ T&Cs Apply.

Ladbrokes - Bet £5 Get £20 Ladbrokes rating 4.0

Bet £5 Get £20

Claim £20

18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.

William Hill - Bet £10 get £30 William Hill rating 3.5

Bet £10 get £30

Claim £30

New William Hill online customers only. Min. unit stake of £10/€10 at odds of 1/2 or greater. Only the win part from EW bets will count. Free bet terms, payment method & country restrictions apply. Free bets credited as 3 x £10/€10. Free bet stakes are not returned as part of the settlement of successful free bets. All Free Bets must be wagered within 30 days.

When the fun stops STOP

We use cookies to help give you the best possible experience.

CLOSE