What is a Double Chance soccer bet? Is it worth it in betting?

For long-time football bettors, it will no longer be strange to the phrase “Double Chance”, a popular and also quite simple bet to enter. More and more football matches are appearing for Double Chance and attracting a large number of bettors, especially newbies. In fact, if you are a player with little experience, it will be easy to fail in this type of handicap. It is simply if we understand the concept, how to play as well as have tricks. In this article, Kingsoccertips admin will share with you about “Double chance soccer bet” and why you should or should not use this bet to bet.

What is a Double Chance soccer bet?

Double Chance soccer betting is a form of betting developed from traditional European betting. The dual chance handicap is that players will bet on two of the three possibilities of the match including win, draw or lose. If in a match, players bet on both the upper and lower doors, the likelihood of betting is very high. In other words, double the odds of winning.

Therefore, it can be said that the odds in this type of bet are twice that of other types of handicaps. Typically, dual chance handicaps only count the timing of 2 official innings plus overtime. If there is an extra time or penalty shootout, it will not be counted towards the betting score.

Characteristics Double Chance soccer bet

It is easy to see that dual chance handicaps have the following basic characteristics:

• The chances of winning, betting are very high with large odds.
• Game rules are easy to understand, simple.
• Beginners can also bet, no years of playing experience is required.

Illustrated example of Double Chance handicap

Let’s take the USA vs Wales match in the 2022 World Cup as an example. Kingsoccertips lists all three options for the U.S.-Wales double opportunity at greater than -200.

• If I bet USA & Tie (-270), I will win if USA wins or ends in a draw.
• If I bet Wales & Tie (-210), I will win if Wales win or end in a draw.
• If I bet USA and Wales (-260), I would win if either team wins and loses if the game ends in a draw.

The odds of each are really just the sum of the probabilities of three-way money flows. Here are the probabilities that are converted into game odds, added together, then converted back to American-style odds.

As you can see, when you add the probabilities of each side together, you get a double chance ratio. Then the books just add a little juice on top. Because these lines are quite expensive (as they are more likely to occur because they cover two of the three possible outcomes), many bettors will pair multiple double opportunities together.

What Double Chance soccer bet Means in Football?

Football betting primarily focuses on the outcome of a team winning. It allows you to easily determine which team will win and place your bet accordingly. The reason for this is that a football match can only have three possible outcomes. It can end in a win, loss, or draw for both sides.

Double Chance soccer betting means including two-thirds of those outcomes, providing the best possible opportunity to earn winning money. The only drawback is that the odds are riskier. For example, you may bet on one team to win or draw, but the opposing team still has a chance to win. There are only two teams in a football match, and no other side for you to bet on. Once you’ve chosen your side, it’s set.

Betting on Football Dual Chances

You would choose two out of the three possibilities regarding the outcome of win – draw – lose to select the betting odds of the match:

• Choose the home team to draw or win.
• Choose the away team to draw or win.
• Choose either the home team or the away team to win.

To be able to place bets, you need to understand the symbols used by bookmakers for the Double Chance betting type. Specifically:

• 1: Bet on the home team to win.
• 2: Bet on the away team to win.
• X: Bet on both teams to draw.

When betting with Double Chance, 2 out of the 3 possible outcomes will result in specific symbols as follows:

• 1 X: Bet on either the home team to win or the match to end in a draw.
• 1 2: Bet on either the home team or the away team to win.
• 2 X: Bet on either the away team to win or the match to end in a draw.

Moreover, betting sites will also display the teams in different colors to indicate their ranking:

• The team listed above will be displayed in red text.
• The team listed below will be displayed in black text.
• If the playing abilities of both teams are equal, they will both be displayed in black.

The home team is given priority and is placed above, while the away team is positioned below. In the case where both teams play at a neutral venue, the team listed above will be designated as the home team (N), and the team listed below will be the away team. Therefore, players need to clearly distinguish the symbols to accurately place their bets and avoid misreading the betting odds.

Charge for playing double chance odds

Here is the money calculation formula for Double Chance bets, so players can apply it to manage their finances:

• For the 1 X bet (home team win or draw): Payout = 1 / [(1 / odds 1) + (1 / odds X)].
• For the 1 2 bet (home team win or away team win): Payout = 1 / [(1 / odds 1) + (1 / odds 2)].
• For the 2 X bet (away team win or draw): Payout = 1 / [(1 / odds 2) + (1 / odds X)].

Where:

• Odds 1 is the payout rate received when the home team wins.
• Odds 2 is the payout rate received in the event of an away team win.
• Odds X is the betting odds when both teams draw.

Is the Double Chance in soccer bet worth joining?

Why should?

• You bet on two outcomes to give you a much higher chance of winning.
• Your odds of winning have increased as more profit is gained.
• The most popular sports allow this type of betting to take place.

Risks to pay attention to

• The double chance usually costs more because you’re betting on two things.
• There is still a risk of the opposing team winning.

A few football doubling betting tactics

Combine other rafters

In addition to participating in Double Chance soccer bets, players should combine them with other types of bets to increase their chances of winning. This is a way for you to earn more bonuses in a single day, while also mitigating losses from unsuccessful bets. However, you should not apply too many different types of bets at once; You should only choose a maximum of 2 or 3 different types to ensure better chances of success.

Find out the information carefully

When placing bets, the first criterion is to thoroughly research information about the teams. By studying factors such as form, experience, past achievements, starting lineups, player injuries, etc., players can make the most accurate bet selections. This is a prerequisite regardless of whether you are a novice or a professional.

Furthermore, you should carefully consider the circumstances surrounding the match, as many teams have a professional ability to stage comebacks. Therefore, it’s essential to weigh your options carefully and consult various sources of betting analysis to make the most accurate predictions.

Monitor developments before betting

Usually a few days before the match, the betting sites have updated the full details of the Double Chance. If you see that the odds are constantly changing, it is easy for the dealer to come up with a trap for players to fluctuate, difficult to watch.

Good bet management

Any bet when betting online needs a clear financial plan. You absolutely should not bet a lot in one hand. And if you see consecutive losses, stop to avoid further loss. The best way is to divide the money into specific levels and seriously comply to bring back the bonus.

Choose a reputable betting site

This is also a criterion to consider when you close a staking address. Because less reputable playgrounds easily cause you to lose bonuses or be rigged, changing the results. The best way is to do your research before deciding. At the same time, you can follow on betting forums to know which is the most reputable.

Conclude

The content of the above article has explained to you the concept of “Double chance soccer bet”. It can be seen that this is an interesting form of betting and worth taking part in even if you are new to football betting a few times. Of course, do not forget to remember the tips shared by the admin to have the highest Double Chance odds of winning. Visit a reputable bookmaker to bet and win yourself a generous amount of money!

See also: Over Under betting explained – How does Over Under bet work?