Double chance in betting: Everything you need to know

If you’re stepping into the world of sports betting, understanding the concept of “double chance” is crucial. Double chance in betting offers you the opportunity to cover two potential outcomes of a match, significantly increasing your chances of winning. Whether you’re a seasoned bettor or just starting out, grasping the basics of double-chance bets can be a game-changer. In this article, we’ll break down everything you need to know about double chance in simple terms.

What is double chance in betting?

Double chance in betting is like having a safety net for your predictions. In simple terms, it allows you to bet on two possible outcomes of a sports match instead of just one. Let’s say you’re into football and want to bet on a team, but you’re not 100% sure they’ll win. With a double chance in betting, you can cover two scenarios, like betting that your team will either win or the game will end in a draw. It’s a game-changer for sports bettors, offering a more flexible and cautious approach to wagering.

To break it down further, double chance is commonly denoted as 1X, X2, or 12, depending on the sportsbook. The “1” represents the home team win, the “X” is for a draw, and the “2” is for the away team win. So, when you see 1X, it means you’re betting on the home team to win or the match to end in a draw. X2 implies a bet on a draw or an away team victory. Lastly, 12 means you cover both the home and away team outcomes, excluding the draw.

Types of double chance bets

When it comes to double chance bets, there’s more than meets the eye. It’s not just about choosing between win or draw – there are different types to spice up your betting game.

• 1X (Home Team Win or Draw). This is like saying, “I believe the home team will win, but if it ends in a draw, I’m still good.” It’s your way of covering your bases and not going all-in on just one outcome.

• X2 (Draw or Away Team Win). Imagine you’re unsure about the away team winning, but you think they won’t lose. X2 is your go-to choice, betting on either a draw or the away team clinching the victory.

• 12 (Home Team Win or Away Team Win, No Draw). Now, if you’re feeling bold and confident that the match won’t end in a draw, 12 is the option for you. It means you’re putting your money on either the home or away team to emerge victorious – no room for a tie.
• Double Chance and Both Teams to Score (DC/BTTS). Combining the excitement of a double chance with both teams scoring, this bet lets you predict not only the match outcome (win or draw) but also whether both teams will find the back of the net. It’s like taking a stance on the result while keeping an eye on the goal-scoring action.
• Double Chance and Over/Under Goals (DC/O/U). This variation allows you to couple double chance with predicting the total number of goals scored in the match. You can, for instance, bet on the home team winning or drawing and also speculate on whether the total goals scored will be over or under a specified number.
• Asian Handicap Double Chance. For those looking for a nuanced approach, Asian Handicap Double Chance adds an extra layer by incorporating the Asian Handicap system. It provides more flexibility in terms of outcomes and goal differences, allowing you to tailor your bet to a more precise prediction.

These types of double-chance bets give you flexibility and cater to different scenarios. Whether you’re a risk-taker or prefer a safer approach, there’s a double chance option for every sports bettor. It’s like having a menu of choices – you pick what suits your prediction style best.

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Tips for double chance in betting

• Analyze team form and performance. Before placing a double chance bet, thoroughly assess the current form and recent performance of the teams involved. Consider factors like injuries, suspensions, and overall team dynamics. Teams on a winning streak or with a solid defensive record might be more reliable choices.

• Home and away records matter. Take into account each team’s performance at home and away. Some teams may perform exceptionally well in their home environment but struggle on the road, and vice versa.

• Consider head-to-head statistics. Check the head-to-head statistics between the teams. Certain matchups may consistently result in draws or show a pattern favoring one team over the other.

• Evaluate team motivation. Consider the motivation levels of the teams involved. Teams fighting for a top spot or trying to avoid relegation may exhibit different levels of determination. This can influence the outcome of the match and affect the suitability of specific double-chance bets.

• Understand different types of double chance bets. Familiarize yourself with the various types of double chance bets which we mentioned above. Each type covers different scenarios, and choosing the one that aligns with your analysis and risk tolerance is crucial for successful betting.

• Combine with other betting markets. To enhance your odds and potential returns, consider combining double-chance bets with other betting markets. You could explore options like both teams to score, total goals, or even accumulator bets. However, be mindful of not overcomplicating your strategy.

Remember, there’s no foolproof strategy in betting, but these tips can help you make more winning decisions when venturing into the exciting world of double-chance betting.

Does extra time count in double-chance bets?

In general, when it comes to double-chance bets, the outcome is usually determined based on the result at the end of the regular playing time (90 minutes), excluding extra time and penalty shootouts. This is the standard practice in most sportsbooks and betting platforms.

So, if you place a double chance bet on a team to win or draw (1X) or on a draw or the opposing team to win (X2), the result will be settled based on the score at the end of the regular 90 minutes of play. If the match goes into extra time or a penalty shootout, those outcomes typically do not affect the result of your double chance bet.

It’s always essential to check the specific rules and terms of the sportsbook or betting platform where you place your bets, as there can be variations in rules among different operators. Reading the terms and conditions or reaching out to the customer support of the platform can provide clarity on how they settle bets, especially in cases involving extra time or other specific match situations.

A double chance bet example

Let’s consider a football match between Team A and Team B. You decide to place a double chance bet to increase your chances of winning. The three possible double chance options are:

1. 1X (Home Team Win or Draw). If you place a 1X bet, you win if Team A wins the match or if the match ends in a draw. You lose only if Team B wins.
2. X2 (Draw or Away Team Win). If you place an X2 bet, you win if the match ends in a draw or if Team B wins. You lose only if Team A wins.
3. 12 (Home Team Win or Away Team Win, No Draw). If you place a 12 bet, you win if either Team A or Team B wins. You lose only if the match ends in a draw.

Let’s say you decide to bet $100 on each of these double-chance options:

1X (Home Team Win or Draw)

• If the match ends with Team A winning (Outcome 1), you win $100.
• If the match ends in a draw (Outcome 2), you win $100.
• If Team B wins (Outcome 3), you lose $100.

X2 (Draw or Away Team Win)

• If the match ends in a draw (Outcome 2), you win $100.
• If Team B wins (Outcome 3), you win $100.
• If Team A wins (Outcome 1), you lose $100.

12 (Home Team Win or Away Team Win, No Draw)

• If Team A wins (Outcome 1), you win $100.
• If Team B wins (Outcome 3), you win $100.
• If the match ends in a draw (Outcome 2), you lose $100.

This way, you have covered different scenarios, making your bet more flexible and reducing the risk associated with predicting a specific outcome. Double chance bets are a popular choice for those seeking a bit more security in their sports betting strategy.

Using double chance bets as a hedge

Utilizing double-chance bets as a hedging strategy involves strategically placing additional bets to minimize risks and protect your initial investment. Consider a hypothetical football match between Team A and Team B. You initially place a standard bet on Team A to win the match. To hedge this bet, you can place double-chance bets covering alternative outcomes.

For instance, if you place a 1X (Home Team Win or Draw) double chance bet, you would win if Team A wins or the match ends in a draw, offsetting potential losses from your initial bet. Similarly, a placed X2 (Draw or Away Team Win) double chance bet would secure a win if Team B wins or the match ends in a draw, providing an alternative source of profit.

In potential outcomes, if Team A wins, your initial bet on Team A succeeds, but you lose the X2 double chance bet. However, the winnings from the initial bet can offset the loss in the double chance bet. If the match ends in a draw, your initial bet loses, but the 1X double chance bet wins, mitigating the loss from the initial bet. If Team B wins, your initial bet on Team A loses, but the X2 double chance bet wins, providing an alternative source of profit.

This approach helps mitigate the risk of losing the initial bet by covering multiple outcomes, and depending on odds and stake sizes, it may secure a guaranteed profit regardless of the actual match outcome. However, it requires a careful analysis of odds, stakes, and potential outcomes, considering factors such as changes in match dynamics that may impact the effectiveness of the hedge.