Menu

What is a Double Chance bet?

What is a Double Chance bet?

Over the past couple of years, we’ve seen an increase in the number of markets offered by online bookmakers. Customers now have the choice of 100-200 different betting markets for some football matches and a large number for other sports also. One market that is particularly popular with football punters is Double Chance.

What Is A Double Chance Bet?

If you’re asking yourself, ‘what does double chance mean in betting?’ It’s a bet that allows you to cover two possible outcomes. It applies to sports where there are three outcomes such as football where either the home team can win, the away team can win or the match can end in a draw. They can also apply to other sports with three outcomes such as Rugby and American Football but as the chance of a draw in these sports is relatively low, Double Chance bets are rarely used.

Here is an example:

You are considering betting on England vs Iran at the World Cup.

With the standard match result market, you could back:

  1. Man Utd to win
  2. Liverpool to win
  3. The match to end in a draw

With a Double Chance bet, you could back:

  1. Man Utd to win OR Liverpool to win
  2. Man Utd to win OR the match to end in a draw
  3. Liverpool to win OR the match to end in a draw

As you can see, you are covering two of the three possible outcomes, giving you a better chance of a return.

Advantages

The main advantage is that you are increasing your chances of seeing a return as you are covering more outcomes. Instead of your bet winning if one of the three outcomes happens, your bet will win if just one of the two you backed happens.

Disadvantages

The only disadvantage is that you will receive lower odds compared to if you were to back just one outcome ie. a team to win or the match ending in a draw. This is because you are covering more outcomes and therefore have a greater chance of a return.

Do Double Chance Bets Have Value?

In order to determine whether or not this type of bet has value, you must look at the individual odds for each of the outcomes you are backing and decide whether or not there is better value to be had by placing two separate bets or one Double Chance bet.

For example, would you receive greater returns if you placed a single bet on Man Utd to win and a single bet on the draw compared to placing a Double Bet on Man Utd & the draw?

Let’s take a look at the example below where Real Madrid are playing Manchester City. The odds are from Bet365 and show the match result market as well as the Double Chance market.

double chance

Let’s say that we wanted to back Real Madrid & the Draw with a total stake of £100.

Betting on Double Chance

  • Double Chance Bet365 Odds: 1.53
  • Stake: £100
  • Returns: £153
  • Profit: £53

Betting on individual outcomes

We want to use the same overall stake covering the two outcomes and ensure that the returns are the same no matter which outcome occurs. To determine the ideal stakes to use, we can use a dutching calculator.

Real Madrid to win

  • Odds: 2.80
  • Stake: £56.26
  • Returns: £157.50
  • Profit: £101.24 – £43.75 (stake on the draw) = £57.49

The Draw

  • Odds: 3.60
  • Stake: £43.75
  • Returns: £157.50
  • Profit: £113.75 – £56.26 (stake on Real Madrid to win) = £57.49

Conclusion

  • Profit when backing the Double Chance: £53
  • Profit when backing the individual outcomes: £57.49

In this instance, it would be better value to back the individual outcomes. However, this is not always the case and you can find instances where backing the Double Chance will result in a higher overall return.

If you are looking for maximum value, you should determine whether it is better to place a Double Chance bet or two individual bets on the outcomes.

When Would You Place A Double Chance Bet?

Providing the Double Chance bet returns more than betting on the two individual outcomes, what criteria would you use to select a football match to place your bet?

Most people opt for a Double Chance bet when a team may be difficult to beat but are unlikely to win the match. For example, let’s say that Arsenal play with an attacking style and Newcastle play very defensively and lack goals. You may wish to back Arsenal as they have the best chance of scoring and winning the game but you’re unsure if they can break Newcastle’s defence. In this case, you may wish to back Arsenal & the Draw with a Double Chance bet.

They can also be useful when betting in-play. Let’s say that a team is winning 1-0 with 10 minutes remaining. The team which is leading are defending well but the other team is attacking and trying to get an equaliser. In this case, you may wish to place a Double Chance bet on the team which is winnings & the Draw. This way, your bet will win if the match ends as it is and also if the other team manages to get a goal back. This is a relatively safe bet as it’s unlikely that the losing team will get two goals and go on to win the match.

Best Bookmakers For Double Chance Bets

Double Chance bets are available at the majority of bookmakers and so you have a large choice of where to place your bets at. Always shop around for the best odds for each bet you place but we recommend Bet365 is you are looking for a bookie which regularly offers the best odds on football. New customers can also receive up to £100 in Bet Credits which is one of the best welcome offers available at any online bookmaker. You can view details of this offer below.

New Customer Offer
Bet £10 Get £30 in Free Bets
Bookmaker Rating
https://www.whichbookie.co.uk/bookmakers/bet365-review/ ★★★★★
Visit Bookmaker

Open Account Offer. Bet £10 & Get £30 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are 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. Registration required. Registration Required #ad

We also recommend 888Sport who also offer very competitive odds. Customers can often take advantage of sports offers such as free bets and price boosts on various football matches.

Sign up to 888Sport today and you can receive £30 in free bets when registering and placing your first bet of £10 or more.

New Customer Offer
Bet £10 Get £45
Bookmaker Rating
https://www.whichbookie.co.uk/bookmakers/888sport-review/ ★★★★★
Visit Bookmaker

Min deposit £10 • Offer is valid Wednesday – Sunday • A qualifying bet is a ‘real money’ stake of £10+ on a horse racing market • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet placement • Free Bets expire after 3 days & are valid for horse racing markets only • Free Bet stakes not included in returns • Restrictions apply to withdrawals, payment methods & countries. T&Cs apply. #ad

Conclusion

Double Chance bets are a great option for increasing the chances of receiving a return from your bets. If you are planning on placing themt, always check whether you can get more value by backing the two individual outcomes. You can use a dutching calculator to determine the ideal stakes to use.

Advertising Disclosure
At WhichBookie we bring you the best content and offers every day, please be aware that we do collect compensation from some of the links on this page.

Top New Bookmakers

MonkeyBet
https://www.whichbookie.co.uk/?post_type=bookmaker&p=4938958 ☆☆☆☆☆
Visit
TangoBet
https://www.whichbookie.co.uk/?post_type=bookmaker&p=4801488 ☆☆☆☆☆
Visit
PricedUp
https://www.whichbookie.co.uk/?post_type=bookmaker&p=4566795 ☆☆☆☆☆
Visit
Bet442
https://www.whichbookie.co.uk/?post_type=bookmaker&p=4237684 ★★★★★
Visit
CasinoKings
https://www.whichbookie.co.uk/online-casinos/casinokings/ ★★★★★
Visit
NRG.bet
https://www.whichbookie.co.uk/?post_type=bookmaker&p=3924790 ★★★★★
Visit
talkSPORT BET
https://www.whichbookie.co.uk/?post_type=bookmaker&p=2018021 ★★★★★
Visit
Vbet
https://www.whichbookie.co.uk/bookmakers/vbet-review/ ★★★★☆
Visit
Highbet
https://www.whichbookie.co.uk/bookmakers/highbet/ ★★★★☆
Visit
Betrino
https://www.whichbookie.co.uk/?post_type=bookmaker&p=4499812 ☆☆☆☆☆
Visit
Fafabet
https://www.whichbookie.co.uk/bookmakers/fafabet/ ★★★★★
Visit
Gentleman Jim
https://www.whichbookie.co.uk/?post_type=bookmaker&p=3933385 ★★★★★
Visit
BetZone
https://www.whichbookie.co.uk/bookmakers/betzone/ ★★★★★
Visit
Neptune Play
https://www.whichbookie.co.uk/?post_type=bookmaker&p=3924791 ★★★★★
Visit
Blue Fox Casino
https://www.whichbookie.co.uk/?post_type=bookmaker&p=2880013 ★★★★☆
Visit
BetGoodwin
https://www.whichbookie.co.uk/?post_type=bookmaker&p=1498342 ★★★★★
Visit
BresBet
https://www.whichbookie.co.uk/?post_type=bookmaker&p=2039219 ★★★★☆
Visit
Lottoland
https://www.whichbookie.co.uk/?post_type=bookmaker&p=91925 ★★★★☆
Visit
MonsterCasino
https://www.whichbookie.co.uk/bookmakers/monstercasino/ ★★★★☆
Visit
CopyBet
https://www.whichbookie.co.uk/?post_type=bookmaker&p=2039539 ★★★★★
Visit
LiveScore Bet
https://www.whichbookie.co.uk/bookmakers/livescore-bet-review/ ★★★★☆
Visit

Top Offers

SpinWizard | 100 Free Spins No Deposit
Visit
MonkeyBet | £50 Free Bet
Visit
Tangobet Sign Up Offer, Free Bet & Promo Code
Visit
PricedUp Free Bet Sign Up Offer, Promo Code & Review
Visit
Bet365 Sign Up Offer, Free Bet & Bonus Code
Visit
NRG Bet Sign Up Offer, Free Bet & Promo Code
Visit
Bet442 Free Bet, Sign Up Offer & Promo Code for New Customers
Visit
Betfred Sign Up Offer, Free Bet & Promo Code
Visit
Lottoland Sports Sign Up Offer, Free Bet & Promo Code
Visit
Fafabet Free Bet Sign Up Offer & Bonus Code
Visit
CopyBet Sign Up Offer, Free Bet & Promo Code
Visit
Corners Betting Tips
Read
Liam Johnson
Under 12.5 Corners
Man City vs Tottenham
4/6

Here you'll find football corners betting tips from our expert football analyst, Liam Johnson. All of the corner predictions published here on WhichBookie are 100% free.

Date published: November 23, 2024
Card Betting Tips
Read
Liam Johnson
Player to be shown a card - James Maddison
Man City vs Tottenham
3/1

Here you'll find football card betting tips from our expert football analyst, Liam Johnson. All of the card & booking points tips published here on WhichBookie are 100% free.

Date published: November 23, 2024

Top Rated Bookmakers

bet365
https://www.whichbookie.co.uk/bookmakers/bet365-review/ ★★★★★
Visit
Coral
https://www.whichbookie.co.uk/bookmakers/coral-bookmaker-review/ ★★★☆☆
Visit
Ladbrokes
https://www.whichbookie.co.uk/bookmakers/ladbrokes-review/ ★★★☆☆
Visit
Betfred
https://www.whichbookie.co.uk/bookmakers/betfred-review/ ★★★★★
Visit
William Hill
https://www.whichbookie.co.uk/bookmakers/william-hill-review/ ★★★★☆
Visit
BetUK
https://www.whichbookie.co.uk/bookmakers/betuk-review/ ★★★★☆
Visit
10bet
https://www.whichbookie.co.uk/bookmakers/10bet-review/ ★★★★☆
Visit
BetVictor
https://www.whichbookie.co.uk/bookmakers/betvictor-review/ ★★★★★
Visit
Virgin Bet
https://www.whichbookie.co.uk/bookmakers/virgin-bet-review/ ★★★★☆
Visit
Boylesports
https://www.whichbookie.co.uk/bookmakers/boylesports-review/ ★★★★★
Visit
Lucky 15 Tips
Read
Will Smith
Beat The Bat
13:15 Haydock Park
5/1

Here you’ll find the Lucky 15 horse racing tips from WhichBookie expert racing analysts. All of the tips published here on WhichBookie are 100% free along with the use of our Lucky 15 Calculator that can be found further down the page.

Date published: November 23, 2024
Correct Score Predictions
Read
Which Bookie
Chelsea 2-0
Leicester v Chelsea
9

Free correct score predictions for football matches. Get correct score tips for the Premier League, Championship, La Liga, Champions League and more.

Date published: November 23, 2024
Football Accumulators
Read
Liam Johnson
Home Win
Arsenal Nottingham Forest logo Nottingham Forest
1.4

100% Free accumulator tips for football matches in the English Premier League, Championship, La Liga, Bundesliga, Champions League and more.

Date published: November 23, 2024

Best Football Bookies

bet365
https://www.whichbookie.co.uk/bookmakers/bet365-review/ ★★★★★
Visit
Ladbrokes
https://www.whichbookie.co.uk/bookmakers/ladbrokes-review/ ★★★☆☆
Visit
Coral
https://www.whichbookie.co.uk/bookmakers/coral-bookmaker-review/ ★★★☆☆
Visit
Virgin Bet
https://www.whichbookie.co.uk/bookmakers/virgin-bet-review/ ★★★★☆
Visit
LiveScore Bet
https://www.whichbookie.co.uk/bookmakers/livescore-bet-review/ ★★★★☆
Visit
Betfred
https://www.whichbookie.co.uk/bookmakers/betfred-review/ ★★★★★
Visit
CopyBet
https://www.whichbookie.co.uk/?post_type=bookmaker&p=2039539 ★★★★★
Visit
10bet
https://www.whichbookie.co.uk/bookmakers/10bet-review/ ★★★★☆
Visit

Best Racing Bookies

bet365
https://www.whichbookie.co.uk/bookmakers/bet365-review/ ★★★★★
Visit
Coral
https://www.whichbookie.co.uk/bookmakers/coral-bookmaker-review/ ★★★☆☆
Visit
Ladbrokes
https://www.whichbookie.co.uk/bookmakers/ladbrokes-review/ ★★★☆☆
Visit
Virgin Bet
https://www.whichbookie.co.uk/bookmakers/virgin-bet-review/ ★★★★☆
Visit
William Hill
https://www.whichbookie.co.uk/bookmakers/william-hill-review/ ★★★★☆
Visit
Betfred
https://www.whichbookie.co.uk/bookmakers/betfred-review/ ★★★★★
Visit
CopyBet
https://www.whichbookie.co.uk/?post_type=bookmaker&p=2039539 ★★★★★
Visit