Double chance betting

Double chance betting is a type of match betting in which a single price is offered for either a win or a draw. A double chance bet will win if the team you back wins or draws, and lose if the team loses.

double chance bettingDouble chance betting gives you a better chance that a bet will pay out than betting on a straight win, but the tradeoff is that the odds will be lower than for regular match betting.

How does double chance betting work?

A double chance betting market offers odds on combinations of results for a football match. Instead of choosing one of three possible outcomes (team A winning, team B winning or a draw), you bet on a combination of two possible outcomes.

There are three possible “double chance” options:

  • team A or draw
  • team B or draw
  • team A or team B.

In each case, only one of the outcomes has to be satisfied for a bet to pay out. The downside of double chance betting is that because the risk of losing is lower, much lower odds are offered.

Example:

Manchester City plays Fulham in the FA Cup. A bookmaker offers the following selections in its double chance market for the match:

  • Manchester City or draw
  • Fulham or draw
  • Manchester City or Fulham.

You decide to back the match producing a result, but you're not sure which team will come out on top. So you place a bet on Manchester City or Fulham. If either of these sides wins the fixture, the bet will pay out. If the match ends in a draw, your bet will lose.

Place a double chance bet at William Hill now 

When to use double chance betting

Double chance betting isn’t a good option for any unbalanced fixture that has produced a strong favourite. In this type of match, you’ll get very little value on any of the double chance options featuring the favourite as a possible winner.

However, if you suspect that the underdog could achieve a win or hold the favourite to a draw, double chance betting is a useful way of covering both possibilities with a single bet. The best time to use double chance betting is when you’re dealing with evenly weighted contests in which one team appears to have a slight edge but a draw looks like a real possibility.

Double chance betting tips

  • Back the underdog: Unless you’re happy picking up minor returns by placing bets that include the favourite, you’ll want to use this market to back the underdog. A bet on the underdog will usually offer the best odds, and the draw option acts as a hedge.
  • Research teams’ head-to-head record: Some teams consistently draw with one another. If the relevant teams have scored a high number of draws in their recent fixtures and have a head-to-head record peppered with draws, the double chance betting market is a more viable option for earning a payout than a straight back bet on the draw in the match betting markets.

Place a double chance bet at William Hill now