Double
chance is one of the betting markets the bookmakers offer,
which is often overlooked by the bettor. In it's essence,
the double chance is an option to bet on a match
given by the bookmakers in which the bettor wagers on two
outcomes of the game, hence the name double chance. A
double chance eliminates the third possible outcome in a
football game, shrinking the options to just two. Some
people refer to the double chance as "win/draw" bet, which
is somewhat correct, but it does not tell the whole story.
A double chance bet
combines a win/draw for both teams or eliminates the
draw altogether, giving the punter three betting options:
either the host will win or draw, the visitors will win or
draw, or either the host or the visitor will win. Let's look
at an example in order to make this easier to explain and
understand. Let's say that Manchester United is playing
Barcelona and the odds makers at the popular sports betting
website have given
the following options for a double chance betting:
Man Utd Win/Draw: 1.16
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Barcelona Win/Draw:
1.06 |
Man Utd or Barcelona:
1.06 |
As you
can see, there are still three betting options with the
Double Chance bet, although one can see where people also
refer to the double chance as win/draw bet. In the first
option the odds will pay out on the bet if Manchester United
either wins or draws the game, in the second Barca either
wins or draws and the third option will pay out only if draw
is not the end outcome of the football game. This makes the
third option not really a win/draw bet but more of a no-draw
bet.
Either
way you bet the double chance, however, it essentially
eliminates the third option that would usually be present
with a fixed odds match betting. It's surprising that double
chance is not as popular as other forms of football
wagering, considering that the options to lose are much
smaller. Of course, the bigger chance for the bettor to win
- the shorter the odds offered by the bookmakers would be.
But this is a great bet to wager in a parlay or simply to
get some extra return while risking less than usual. We
highly recommend high rollers take a look at the double
chance betting markets, as well as anyone looking to take
advantage of the smaller risk associated with double chance
bets.
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