How Double Chance bets are calculated?

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Intro for How Double Chance bets are calculated?: what is the formula to calculate double chance bets?

• What are Double Chance Bets?
• Use the odds to calculate the stakes for Double Chance bets
• Betting Odds Double chance against a bookmaker's odds for winning or drawing

What are Double Chance Bets?

Basically, Double chance bets offer the possibility to bet on two results of a match, eliminating the third option: that is, it is possible to bet on the home team and on the tie or on the away team and on the tie. Instead, the drawback option gives you a lower odds on the winning team and simply refunds the bet if the game ends in a draw.

Bookmakers often offer this kind of market, but is it possible to get a better value by calculating their odds Double chance bets using 1X2 odds?

On Pinnacle a bet with a handicap of +0.50 would work perfectly as a double chance bet. However, we do not offer 0 and 0.5 handicaps for all games, so it may be worth knowing how to calculate your Double chance bets odds.