While several methods exist in sports betting to help maximize the possibilities of success, few are as popular or as friendly to a beginning gambler as is the double chance bet.
By the name itself, one can already tell that a double chance bet allows one to cover not one but two possible outcomes in a sporting event, hence doubling his or her possibilities of winning. Knowing what is a double chance in betting could just be that turnaround, were one a beginner at betting or looking at other varieties of wagering.
What Is Double Chance in Betting?
A Double Chance in betting means the opportunity it gives to cover two outcomes in a match, giving you better chances of winning either the team or a draw.
For instance, the events of interest in a soccer game are
- Team A wins.
- Team B wins
- Draw as the outcome of the match.
A double chance bet is in a case whereby you’d bet on:
- Team A wins or draws.
- Team B wins or draws.
- Either Team A wins or Team B wins; there is no draw.
How Does Double Chance Work?
To further clarify what does double chance mean in betting, let’s look at how the odds and outcomes differ compared to a standard 1X2 bet.
Betting Type | Outcomes Covered | Risk Level | Odds Potential |
1X2 (Standard Bet) | One outcome: Win, Draw, or Lose | High | Higher Odds |
Double Chance | Two outcomes: Win/Draw or Win/Win | Lower | Lower Odds |
As you may have gathered from the table above, a regular 1X2 covers just one outcome-for example, to bet on a home team to win. In a Double Chance bet, you bet on and thereby cover two outcomes; this lowers your risk but then again gives you slightly reduced odds.
For example, a bet on ‘Double Chance 1X’ means that for a bet to be won, Team A has to either win the match or it has to be a draw. If Team B happens to win, the bet is lost. Similarly, with ‘Double Chance 2X’, a bet on Team B will win provided it either manages to win the game or the game ends in a draw.
When to Use Double Chance Betting
In those kinds of situations where a match was very promising, evenly contested, or where the underdog had favorable chances of at least forcing a draw, a double chance will work better. This option is widely used in some sports, like soccer, where draws are pretty common. In services like BC Game Nigeria, for instance, players very often choose a double chance method of betting while betting on a local or international match to ensure a higher possibility of winning.
Here are some key situations where double chance betting might make sense:
- Underdog Advantage: If a strong underdog is playing, you might use a double chance to bet on them to either win or secure a draw.
- Tight Matches: In games where teams are evenly matched, betting on either team to win might be safer than picking one outright.
- Home/Away Differences: You may want to bet on the home team to either win or draw if they have a strong home advantage
How to Place a Double Chance Bet
Placing a double chance bet is simple and can be done on almost any sports betting platform. Here are the general steps:
- Choose the match you want to bet on.
- Look for the double chance market; these are usually branded as “Double Chance” or “DC.”.
- Choose any two of the following options:
- 1X: Home team wins or draws.
- X2: Away team wins or draws.
- 12: Either team wins (no draw).
- Determine the amount you would like to bet and click Bet.
Conclusion
So, what is the meaning of double chance in betting? Shortly put, a Double Chance is a low-risk bet that covers two possible outcomes of a certain sporting event for an increased return. The odds from such a bet are a little lower in relation to what a single outcome bet would have been, but this reduced risk makes it quite attractive-be it for novices or even cautious punters.
Whether you’re asking what’s a double chance in betting or how that would stack up against other betting strategies, the answer deals only with the simplicity and the flexibility involved. The double-chance bet represents a more moderate approach to a wager and becomes one of the finer tools you may have in your utility belt for betting.