Often a team being a favorite in a football match does not guarantee a greater chance of victory. However, this favoritism drastically reduces the chances of defeat. In scenarios like this, there is a good chance of profit, thanks to the double chance market in sports betting.
But what is the double chance market? It is a variety of simple bet, where the bettor picks a bet with the possibility of winning if two of the three possible football results occur.
This article will better explain how the double chance in sports betting works, the best way to win with this type of bet, and other similar betting markets to this one.
The double chance in betting
The double chance market always works based on three alternatives, which are as follows: the home team wins or draw, visiting team win or draw, and finally, a win for any of the teams, in which case, the bet is lost only in the event of a draw.
This market usually does not offer very high odds. However, the chances of winning can be quite interesting, depending on the game and the bettor’s choice.
How to win with the double chance market
This market, even with few options for each game, can be used in very different ways. When betting on a double chance on a favorite team, the odds for a single bet will probably not be high, so this option becomes a good option for multiple bets as a way to improve the odds of another selection.
However, for many bettors, this market option is a good alternative for underdog investment. In a game without a clear favorite, the double chance bet on the team with higher odds in the 1X2 market can be an excellent shortcut to profits.
There is also an exciting option for decisive games, in which both teams need to win. Although it contains the same logic of double chance for the favorite team, betting that the game will have a winner, and will not be a draw, can be a good way to optimize the odds of a multiple bet.
Similar markets
The double chance market is usually associated with the 1X2 market since the odds in that market directly influence the double chance quotes. However, there are similar bets to the double chance.
Perhaps the most similar among them is ‘Draw no Bet,’ a market that excludes the chance of a draw in a match. When betting in this option, the bettor wins if the team he chooses wins the contest, the stake is returned to the bettor in case of a tie, and only loses the stake in the rival’s victory. That is the main difference compared to the double chance bet, which offers the investor profit even if the contest ends in a draw (except in the double chance win for one of the teams).
We can also refer to the handicap as similar to a double chance. However, there is no difference when the bet -1 handicap is chosen. Take a look at this example. If the bet is placed on the home team with handicap -1 and the choice of double chance is on this same home team, regardless of the game’s score, the result of the bet will be the same. That is why the odds of double chance and handicap -1 for the same teams will always be identical.
Check our betting tips and add some bets on this market. A good piece of advice is to analyze the probability at the end of our betting tips, and when it is above 50% in the 1X2 market, there is a good chance that you will get good profits with the double chance.
