Football betting sites are full of terms that can confuse novices. Bookmaker websites do not explain what the jargon they use means. For many people, the words are simply incomprehensible. But it doesn’t have to be that way. In this article, we will explain what double chance is in betting.
Double chance meaning in football betting
Any soccer match played anywhere in the world can end with three outcomes. The home team can win the match. There can be a draw, or the visiting team can win. Double chance means that players have two chances to win their bets. Double chance means that there can be two outcomes in a game and the bet will still be won. For example, let’s say Manchester United is playing against Real Madrid in the Champions League. In this example, United are at home. They could be narrow favorites, depending on the form of both sides and whether Madrid’s big players are available.
Soccer fans may want to bet on a Real Madrid victory. But they may be concerned about the prospect of a draw, which would make a bet on a victory for the visitors a loser. This is where a double chance bet becomes much more attractive. By taking a double-chance bet on a Madrid win or a draw, a player has two chances to win. The only way for the bet to be a loser is if United wins the match that day. It is important to note that double chance bets only cover the first 90 minutes of a cup match, which can go to extra time or penalties, only the original 90 minutes count.
We should also point out in this article that a draw bet works in a fairly similar way to a double chance bet. When betting on Real Madrid in the draw no bet market, it means that in the event of a draw, your stake will be returned to your account.
How to use double chance wagers in football betting
Now we know what a double chance bet is, what is the right way to use this bet? Well, there are a few different ways that you can use to your advantage when looking at all the odds. Giving yourself more ways to win is an obvious advantage of double chance betting. The odds will be lower than if you bet on the team to win, but your chances of winning increase. If you think a team might win, but you’re sure it won’t lose, consider a double chance bet.
This can be a good way to side with the weaker team while reducing the risk of losing. Some popular football betting strategies often use double chance bets. That’s why it’s a good idea to familiarize yourself with how they work in practice by placing a few such double-chance bets with a bookmaker. You may receive initial betting offers when registering as a new player, which you can use to place a double-chance bet. Double chance odds can also be useful if you plan to hedge your bets.
Double chance bets can be very useful in matches between closely related teams. In such cases, the odds for a home win or an away win are likely to be equal. Predicting the winner in such a match is much more difficult than when one side is a clear favorite. But that makes double-chance betting an option if you think one team is more likely to win.
Like all betting strategies, players will have to work out for themselves what works. Double chance betting should be among those you consider when betting on soccer.