Double Chance betting is one of our go-to markets when it comes to strategically placing bets, however lots of people have no clue what it is and how to use it. Let’s start off with the basics, we would like to give you a short introduction before going over all the details.
Any football game has three possible outcomes – home team to win, away team to win and draw. Double chance means your bet has two winning outcomes. Let’s look at an example to understand this even better – you can place a double chance bet as “home team to win or draw”. In this case you have two winning scenarios – if the home team wins and if the game ends with a draw.
Let’s look at a real-life example to get even a better idea of how it works and how to use it. For example, Newcastle United and Arsenal are going to play this weekend and you think that Newcastle has better chances of winning. Having that in mind you would want to place a bet on “Newcastle United to win”. At the same time, you are aware that Arsenal are also in quite a good shape and can show some resistance. This is a good opportunity to place a double chance bet covering two possible outcomes: “Newcastle to win” and “Draw”. This way you are going to win even if Arsenal actually performs good and the full-time result will be a draw. Please make sure to keep in mind that double chance betting covers only the full-time (90 minute) result.
POSSIBLE DOUBLE CHANCE BETTING OUTCOMES
We have already covered this above, but it might be worth making a short summary, just to recap on what you already know. A double chance market will have three possible outcomes, which you can see below.
- 1X (Home team to win or draw) – Your bet will win if the home team wins or the game ends with a draw.
- 2X (Away team to win or draw) – Your bet will win if the away team wins or the game ends with a draw.
- 12 (Home team to win or away team to win) – Your bet will be if the home team or the away team win.
DOUBLE CHANCE BETTING STRATEGY
Now we would like to tell you more about how you can actually use double chance markets to your advantage. If you put some effort and research into it – you can profit on a daily basis with a relatively low risk of losing. Of course, the profit wouldn’t be as high, but at the same time your chances of losing would be a lot lower as well.
FIND GAMES WITH A OBVIOUS FAVORITE TEAM
This is our most used strategy when it comes to double chance betting. You will need to find a game, where one team clearly has an advantage, yet the other team has to be competitive as well, otherwise you could just bet on the favorite. This kind of game will generally have slightly higher odds for the favorite because the other team is also in good shape. At the same time, you can be fairly certain that the underdog team is highly unlikely to win.
Having all of that in mind we can conclude that the game will probably end in the favorite team winning or with a draw. This is the perfect opportunity to place a “1X” wager – your chances of winning remain the same, but your potential risk is significantly reduced.
FIND CLOSELY MATCHED GAMES
Another good double chance betting opportunity comes up when you find a closely matched game. Both teams have roughly equal chances of winning, which means that odds will be quite similar as well. This is where you can place a “12” wager, meaning you are betting on either team to win. Likely, the game is not going to end in a draw, because both teams are highly competitive and will do their best to win. Again, this kind of bet increases your chances of winning, while reducing potential risks.
WHAT ELSE DO YOU NEED TO KNOW?
Betting strategies and bankroll management is usually an endless discussion, so we will try to keep it short and strictly related to what we discussed above. You already know what double chance betting is and when it can be useful. Now you might also want to know where to find good betting opportunities and how to best manage your funds when using one of our proposed strategies.
USE BETTING TIPS
Betting tips are a good way to find games, where there is a clear favorite. You can obviously see that from how the odds are distributed, but good quality tips are based on probabilities and research. There are lots of places where you can find them for free, it doesn’t take a lot of effort and saves you some time. Of course, you will still need to do your own research, reliable tips will just point you in the right direction.
PLACE MORE BETS
When used properly, double chance betting significantly reduces your risks, however we have to keep in mind that it is sports and anything can happen. To reduce your risks even further it is best to place more smaller bets instead of going all in. The minimum possible bet depends on the betting site of your choice – it can be ₦150 or ₦100, in some cases you can even bet with 50 Naira. Placing a multitude of bets will allow you to profit even if some of your bets will lose and that is bound to happen sooner or later.
BE MINDFUL OF YOUR BETTING
Last, but not least we would like to quickly mention the fact that it is important to maintain a healthy relationship with your betting hobby. Sports betting should not be perceived as a means to resolve financial difficulties – it will only make matters worse. It should be a hobby, something to go along with your passion for sports, something that makes watching sports a bit more exciting. If you find yourself not being able to keep your betting under control we strongly recommend you to seek assistance. A good place to start is https://www.gamblingtherapy.org/en – they have tons of useful information and actual real people you can speak to in case you need support.