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Asian Handicap Explained - Simple explanation on picture
Asian Handicap Explained - Simple explanation on picture

submitted 15th May

Always tried to understand what is Asian Handicap in Betting, this article is a dummy guide to understand Asian Handicap in betting.

Betfair API GitHub Code Samples
Betfair API GitHub Code Samples

submitted 28th March

How to connect to a Betfair API? using Json request to get latest horse betting Odds and much more.

How to make money Gambling Online & Sports Betting | Matched betting
How to make money Gambling Online & Sports Betting | Matched betting

submitted 15th July

Can betting be a source of income & what technique to use to make money from Gambling Online and also make money from Sports Betting? Also how to make money matched betting and bet on no risk matched betting

How Double Chance bets are calculated?
How Double Chance bets are calculated?

submitted 11st March

what is the formula to calculate double chance bets?

World Cup - Qatar 2022 Host stadium
World Cup - Qatar 2022 Host stadium

submitted 31st March

what are the host stadiums for the World Cup - Qatar 2022?

Understanding Betting Odds
Understanding Betting Odds

submitted 10th May

To fully understand betting odds, you must know what a bookmaker is, what types of bets are there and type of Odds to fully understand gambling.

How to win sports betting?
How to win sports betting?

submitted 30th March

What are the chances of winning sports betting and what types of strategies?

What is the Future of Betting and IGaming?
What is the Future of Betting and IGaming?

submitted 7th March

Will the betting industry and IGaming will change in the Future? What will be the new structure for the betting industry?

Why Cristiano Ronaldo has number 7?
Why Cristiano Ronaldo has number 7?

submitted 13rd March

CR7 is now a brand, Why CR7 always wears with number 7?

Postponed or Cancelled match. What happens to the Bet?
Postponed or Cancelled match. What happens to the Bet?

submitted 8th March

If a bet contains a postponed or Cancelled match what happens to the bet? and different scenario for single and multi bet.

What are Double Chance Bets?

Double Chance bets are one of the safest bets you can bet on since you have around 66% chance of winning.

by Admin


Posted on 4th March



Intro for What are Double Chance Bets?: Double Chance bets are one of the safest bets you can bet on since you have around 66% chance of winning.
Double chance bet are bets that you bet on two of three possible outcomes of the game. Therefore, you have 2/3 chance of winning the bet (66%) which is quite good compared to other bets with 50% or less. Why this type of bet is not used a lot? This is because the odds are low for a 2 way outcome. The trick is to find games that have a good chance of getting a draw which will increase the betting odds. Since they have a low Odds, these bets are usually used in multiple bets, as you can combination several bets to get bigger odds.
As you can see from the above diagram there are 3 types of 2way outcomes - 1X - X2 - 12. 1X - This means that either the Home team wins or the match ends in draw. If Away team wins, your bet will lose. X2 - draw or second team win. In this case we would be satisfied with Team2 win or draw. If Team1 wins, we'll lose. 12 - one of the teams eventually wins. Your bet is lost if a draw comes up.
Choosing couple of double chance bets to create a multi bet (accumulator bet) will give you a chance to increase the final odds (all multiplied) - Obviously the more you include in the accumulator bet, the more risk you have to loose the bet. Remember that you still have to analyze the game well before deciding on which two options to throw lot with.


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