What is Double Chance betting? Mastering the Double Chance bet #6
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What is Double Chance betting? Mastering the Double Chance bet
The wide variety of betting types often makes many people feel confused and worried when participating in sports betting. Double Chance is one such type of bet. Today, let’s join win betting tips to learn about the Double Chance bet in the following article!
What is Double Chance betting?
Double Chance is the English name for “kèo cơ hội kép” in Vietnamese. With Double Chance betting, you select 2 out of 3 possible outcomes in a match. As we all know, there are only 3 possible outcomes in a football match: win, lose, or draw — except in cases where the match is postponed or canceled due to external factors such as security issues.
Because of this, the chance of winning with a Double Chance bet is quite high, which explains why it has been gaining more and more attention from players. On top of that, the payout is also fairly attractive since list of betting site often offer appealing odds for this type of bet.
How to play Double Chance bet
As a rule, Double Chance bets only apply to regular time and injury time. Extra time and penalty shootouts are not included.
At most bookmakers today, Double Chance bets are displayed in the format 1X2, where:
1 means the home team wins or draws
X means the home team wins or the away team wins
2 means the away team wins or draws
On betting odds boards, if the match is played at a neutral venue, the team listed first is considered the "home" team, and the second team is considered the "away" team.How to calculate Double Chance odds
Double Chance betting works similarly to placing two simultaneous bets in the European 1X2 odds market. The formula for calculating the odds is roughly as follows:
Bet 1X: 1 / (1/odds 1 + 1/odds X)
Bet 12: 1 / (1/odds 1 + 1/odds 2)
Example: In the match between Brazil and Ecuador in the South American World Cup 2022 qualifiers, the Double Chance odds are calculated as follows:Bet 1X: 1 / (1/1.26 + 1/5.60) = 1.028 (rounded to approximately 1.03, matching the “Home Win or Draw” odds in Double Chance betting)
Bet 12: 1 / (1/1.26 + 1/9.30) = 1.109 (rounded to approximately 1.11, matching the “Home Win or Away Win” odds in Double Chance betting)
Tips for playing Double Chance betWhen it comes to effective Double Chance betting strategies, you can easily find useful tips on betting forums. However, to avoid unnecessary risks, you should choose reputable forums. Below are some valuable tips gathered from experienced players:
In matches where there is a clear gap in strength between the two teams (this can be observed through deep handicap odds or low European odds), you should consider betting on the stronger team and the draw option, since the stronger team has a higher chance of winning.
For matches where the two teams are of similar strength — often the case with top teams playing each other or bottom teams facing off — be careful because soccer prediction today forebet these matches can be difficult and sometimes relies on gut feeling. Instead, analyze the recent form of both teams (typically the last 5-10 matches). After evaluating the form, bet on the team with better form and the draw option.
Another tip is to avoid betting on the draw option in cup matches.
Football matches do not take place every day, especially in major tournaments like the top 5 European leagues, Euro, World Cup, etc. In these cases, smaller leagues could be a fallback option for you to place bets. However, we still recommend that you focus on major tournaments, as they are more reliable and widely followed.
ConclusionThat wraps up our guide to Double Chance betting. Hopefully, after this article, you’ll be able to master this type of bet and consistently make winning picks.