A double chance bet is easily the most popular form of wager in sports betting for the reason that, whether you believe that the rather more likely result, there are almost always 2 from the 3 achievable effects covered in the market. This wager is beyond the reach of too nerve-wracking but, the reality is that these are not easy to achieve, and betting another way of risk-mitigating is a pleasant alternative. Yet, what exactly does double chance mean in betting? How it works and some strategies for the bettor in getting the biggest return on their bets. How does all this work and what double chance betting strategies should you apply – this and much more is in this article!
Defining Double Chance Betting
Double chance bet in betting Double chance phrases to a type of betting wherein you can safeguard two-best betting possibilities in 1-bet. While they are most popular for soccer betting many sportsbooks offer it for other sports as well. In a match, only 3 things can happen; a home win, away win, or a draw. Select a double chance bet, and you choose two of these results, which gives you an improved likelihood of winning.
Double Chance 1X Meaning
A “1X” double chance bet means you’re putting your money on either the home team winning or the match ending in a draw. This bet is popular when the home team is expected to do well, but there’s still a chance the game might end in a tie. Let’s look at an example to make this clearer:
Example:
- Match: Team A (Home) vs. Team B (Away)
- Bet: 1X
- Outcome: You win if Team A wins or if the match ends in a draw.
The advantage of this bet is that it covers two outcomes, making it safer than a single bet on just the home team winning.
Double Chance X2 Meaning
The “X2” double chance bet means you are betting on either the away team to win or the match to end in a draw. This type of bet is useful when you believe the away team has a good chance of not losing the match. Here’s an example to illustrate:
Example:
- Match: Team A (Home) vs. Team B (Away)
- Bet: X2
- Outcome: You win if Team B wins or if the match ends in a draw.
This bet is often favored when the away team is strong or the home team is inconsistent.
Double Chance 12 Meaning
The “12” double chance bet means you are betting on either team to win, effectively eliminating the possibility of a draw from your wager. This type of bet is commonly used when you expect a decisive outcome with no draw. Here’s an example to illustrate:
Example:
- Match: Team A (Home) vs. Team B (Away)
- Bet: 12
- Outcome: You win if either Team A or Team B wins. You lose only if the match ends in a draw.
This bet is suitable for matches where both teams are competitive, and a draw seems unlikely.
These double chance bets (1X, X2, and 12) provide flexibility and a higher probability of winning compared to traditional single-outcome bets. They are particularly useful in matches with high uncertainty or when you want to hedge your bets and minimize risk.
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Popular Sports Which Allow Double Chance Bets
Double chance betting isn’t just for soccer; you can find it in a variety of sports, offering bettors more flexible options across different types of matches. Let’s check out some of the popular sports where double chance bets are commonly available:
| Sport | Example Bet | Possible Outcomes Covered | Typical Usage |
| Soccer | 1X (Home Win or Draw) | Home Win, Draw | Domestic leagues, international tournaments |
| Rugby | X2 (Away Win or Draw) | Away Win, Draw | Rugby Union, Rugby League |
| Basketball | 12 (Either Team Wins) | Home Win, Away Win | First half, first quarter, or certain league rules |
| Ice Hockey | 1X (Home Win or Draw) | Home Win, Draw | NHL, international competitions |
| Handball | X2 (Away Win or Draw) | Away Win, Draw | Domestic and international matches |
What Are the Pros and Cons of Double Chance Betting?
Double chance betting offers several advantages and some disadvantages that bettors should consider before placing their wagers.
| ✅ Pros | ❌ Cons |
|---|---|
| Increased Winning Probability: By covering two out of three possible outcomes, your chances of winning are much higher compared to a traditional single-outcome bet. | Lower odds: double chance bets have lower odds than single outcome bets, because you are covering more possibilities to win. |
| Lower Risk: This bet type is less risky, making it a great choice for cautious bettors or those who are new to sports betting. | Low returns: Since these bets entail lower risk, they also carry with them a potentially diminished payout versus higher risk bets. |
| Flexibility: You can use double chance bets across various sports, and they can be combined with other types of bets for more complex strategies. | Risk/Reward Limitation: Many see a connotation of less excitement associated with double chance bets as they carry a lower risk but also deliver lower profits than their higher risk counterparts. |
| Ideal for Unpredictable Matches: Perfect for matches where it’s tough to predict a single outcome due to the teams having similar strengths. |
What Is a Good Strategy for Double Chance Bet?
A good strategy can utilize the advantages of double chance betting effectively. Some points to follow:
- Research and Analysis: You should check the recent forms of the teams that are going to play in the match and also the head-to-head statistics and must include the other factors such as injuries, suspension, and results of the matches that played recently.
- Target Draw-Heavy Teams: For games with a high propensity to draw, double chance bets come in handy. You can begin by identifying trends of teams that have in the past.
- Combine Bets: Combine your double chance bets with other market selections (e.g., an accumulator) to increase the payout while reducing the lower chances of losing.
- Use In-Play Betting: Follow in-play events and lay on the double chance at that moment in time. This can give you an edge if you see a team that is playing way too much better or worse than they should be.
- Hedge with Double Chance: If you have more of a longshot on a certain result, hedge to eliminate other possible outcomes by using a double chance bet.
How Is Double Chance Bet Calculated?
Calculating the potential payout for a double chance bet involves understanding the odds and the stake you are placing. Here’s a step-by-step guide to calculating a double chance bet:
- Find the Odds: Determine the odds for the double chance bet. For example, if the odds for 1X are 1.50 (decimal odds).
- Determine Your Stake: Decide how much you want to bet. For instance, if you wager $100.
- Calculate Potential Payout: Multiply the stake by the odds to find the potential payout.
- Formula: Stake x Odds = Potential Payout
| Example: $100 x 1.50 = $150 |
In this example, if you bet $100 on a 1X double chance bet with odds of 1.50, your potential payout would be $150, which includes your original stake.
Conclusion
Double chance betting is accessible and offers scope for strategy to those who want a better chance of winning and are willing to accept lower-risk bets. When one knows how double chance bets work and can use smart strategies, they can make the most of the sports betting market in a much safer and hopefully more profitable way. That holds true for soccer, rugby, basketball, or anything else you may be betting on, so make sure you consider double chance bets to keep your options open regardless of your experience as a bettor. By researching matches, using in-play bets, and combining bets, double chance betting offers great opportunities to bettors.
