What is Double Chance Betting?

What is Double Chance Betting? – Soccer Betting Strategies & Tips

Online sportsbooks are always looking to engage with players, and one of the ways they do this is with the markets and the types of bets they advertise.

Swerte99 casino  is no different in this regard, and when it comes to sports, or more specifically  soccer , it holds its own. Far from just offering  spread betting  lines,  props moneylines , or even  multi bet builders  and  parlays , you can tap into double chance bets.

Double chance betting puts things in the hands of the bettor, as more outcomes are covered, but how does it work in reality? In this guide, we will examine double chance betting, how it can influence your betting decisions and betting strategy. Let’s dive straight in!

What is a Double Chance Bet in Soccer?

If you want to know  how to bet on soccer , the double chance market will prove to be useful. Essentially, you are hedging on 2 of the 3 possible outcomes available.

In this section, we have described what the main ones entail and the potential outcomes:

Double Chance Wager – 1x

The first of the outcomes will see you wager on whether the home team will win or the draw option. At our online  sports betting  site, this is fast becoming a popular betting line.

Double Chance – 2x

For a soccer match, you will be betting here on Team B or the away team to either win or the draw option will be brought into play.

Double Chance – 3x

With this outcome, the double chance bet type here will see you back the home team and away team to win Swerte99 casino.

Overview & Double Chance Bet Example

To contextualise the art of double chance for sports betting, it’s best to use a soccer match as an example.

As mentioned, the double chance line provides more flexibility for bettors as they can wager on more outcomes, but we have described later on in the guide the benefits and drawbacks associated with this bet type.

How to Calculate a Double Chance Bet?

As our example, let’s use a  Champions League  Football semi-final between Manchester United and Manchester City. Remember, double chance odds will apply to what happens during the 90 minutes and this bet type won’t take into account extra time. When betting on a home win, the Swerte99 casino will be the Home x Total or the draw plus win.

If you put $10 on Manchester City to win & draw with odds of -250, then you will only win $4 and your original Swerte99 casino ($14 in total) as City will be deemed heavy favorites.

However, if you bet on United to lift the trophy or draw with odds assigned of +300 or 3/1 if you prefer fractional, and using the same Swerte99 casino of $10, then you would get a return of $30 (3×10) as well as the original Swerte99 casino so a total return of $40.

Which Other Sports Allow Double Chance Bets?

When it comes to sports betting, including  eSports , the moneyline is often a go-to option. However, aside from soccer betting, some of the most popular sports out there also accept double chance betting. Well, it’s fair to say this type of bet is more conducive for team sports.

We have given a quick overview of some of the other sporting disciplines where the double chance option is applicable.

American Football Betting

With  American football  betting, a double chance bet will be offered at both half-time and full-time. This is great for a regular season or postseason football match, such as the NFL’s Super Bowl, and the double chance betting market is a great way for novices to get involved.

Basketball Betting

Basketball , as we know, can be quite topsy-turvy and there is always plenty of goalmouth action across all 4 quarters. However, with double chance betting, this shouldn’t be confused with  handicaps , such as  Asian totals  or even the  Over/Under  betting line.

In the  NBA , for example, things can change in the blink of an eye, but double chance allows you to hedge your wagers. Remember, this betting type only applies to the action during regular time and not overtime.

Tennis Betting

Rather than framing this as a team sport,  tennis betting  works quite well as you can still adhere to the possible outcomes with individuals. In men’s tennis, for example, Grand Slams are contested as best-of-five sets, and this can be exciting when enjoying  live betting .

Pros & Cons of Double Chance Betting

Double chance in betting can be a great market to tuck into. In this section, we have addressed the pros and cons associated with this bet type:

Pros of Double Chance Betting:

  • Higher chance of a successful return –  With more outcomes covered (2 instead of 1), there is a higher chance of winning and retrieving your original Swerte99 casino.

  • Flexibility for beginners –  While some  progressive betting  systems like  unit betting,  are more complex, the chance to hedge on more outcomes will appeal to less experienced bettors.

  • Less risk –

Cons of Double Chance Betting

  • Not available for all matches –  While Swerte99 casino offers double chance for  sports  betting, be aware that it might only be available for selected games, so check this out to ensure you aren’t left disappointed.

Double Chance Betting Strategy & Tips

To master double chance betting, you need to have a clear understanding of how to  read sports betting odds , and within that, determine what the  vig  is.

Anyway, to get the most from this line, we have outlined some tips so you can execute your desired double chance betting strategy.

  • Look for value – Double chance will generally offer lower odds when it comes to  outright betting  for certain matches, but don’t jump on the first line you see. Those who are savvy bettors will make informed decisions before plumping on a market.

  • Bankroll your account well –  Swerte99 casino  has plenty of  supported payment methods  , including  crypto . Whether it is  crypto gambling  or playing with other  deposit and withdrawal  options, such as  local currency , don’t exceed financial expectations and bet within your means. For crypto betting, check out our  vault  for more details.

  • Compare odds – Similar to the first point, do some digging and research the odds and compare the prices before diving into the action. For example, when it comes to  live betting vs pre-match betting , some might find more enjoyment from the former.

Double Chance Betting Odds & Payouts

Swerte99 casino is well versed in covering double chance betting, and generally across any soccer game, they won’t be found wanting. You can find prices plugged for major leagues across Europe and the odds are competitive.

You will find odds advertised in American, decimal, and fractional formats, but if you experience any issues, then you can reach out to  customer support  for further advice.

Sports Promotions, VIP Club & Responsible Betting

Promotions  are always gratefully received by bettors at sportsbooks. They come in all forms and guises, including  monthly bonuses , which may entail cashback offers or something else equally lucrative. The  best sportsbook promotions  should be easy to locate in Swerte99 casino lobby.

The high rollers, meanwhile, will want to take advantage of the exclusive  VIP club  which will roll out the red carpet and serve up some bespoke  rewards and benefits as you level up.  Our blog will highlight the  member-only benefits  associated with joining, and you can find out more on our VIP  FAQs  blog.

It’s important to remember to only bet within your means and stay  Swerte99 casino Use our  monthly budget calculator  to help monitor your spending habits and learn more tips about betting online with our  responsible gambling guide  and  betting limits guide.