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How Double Chance bets are calculated?

by Admin


Posted on 11st March


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

How Double Chance bets are calculated?
Double chance bets are used in different sports especially football games. The following are the three formulas to calculate double chance bets. The first formula is when you want to calculate '1X' games. (Odds of Home Team * Odds of Draw) / (Odds of Home Team + Odds of Draw); so if the Odds of Home Team is 1.8 and Odds for draw are 3.3 the result will be (1.8 * 3.3) / ( 1.8 + 3.3) => 1.17 (always rounded up to 2 decimal places).
The first formula is when you want to calculate '12' games. (Odds of Home Team * Odds of Away Team) / (Odds of Home Team + Odds of Away Team); so if the Odds of Home Team is 1.8 and Odds of Away Team are 6.2 the result will be (1.8 * 6.2) / ( 1.8 + 6.2) => 1.4 (always rounded up to 2 decimal places).
The first formula is when you want to calculate '12' games. (Odds of Draw * Odds of Away Team) / (Odds of Draw + Odds of Away Team); so if the Odds of Draw is 3.3 and Odds of Away Team are 6.2 the result will be (3.3 * 6.2) / (3.3 + 6.2) => 2.2 (always rounded up to 2 decimal places).


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