Have you ever asked yourself the question “what does double chance mean in football betting?” Football (soccer) is one of the most popular betting sports worldwide. With more and more people placing bets on football, bookmakers are coming up with new ways for punters to increase their excitement about the game.
One such way is through double chance betting; a type of wager with different payouts for a win or a draw result in addition to the usual win-only option. With double chance, you have two chances to win your bet. Read on to learn more about double chance football betting and how you can take advantage of it…
What is football double chance?
A double chance bet is any bet that offers the option to win your bet if the result is a draw or if the result is one of the teams winning. Most sportsbooks offer double chance bets and there may be more than one bet available.
Double chance is a bet where you have two chances to win. There are three possible outcomes with a football match which are the home team winning, the away team winning and a draw. With double chance you will be betting on one of the teams to win and the draw so you increase your chances of a win.
You may also come across the half time/full time double chance betting opportunity. This is a bet where you also get two chances to win. If your team fails to score in the first half, you get another opportunity with them scoring during the second half. Many football gamblers from the US like this double chance bet.
How does double chance work in football?
Double chance bets are more common in football than in any other sport. This is because a football game can end with three possible outcomes – a home win, an away win, or a draw. You can use double chance soccer betting as a great way to enhance your level of excitement while watching the match.
You have three possible double chance bets that you can place on a football match:
- Home team win or draw – this is also called a 1X bet. If the away team wins the game, then your bet loses, otherwise your bet is a winner.
- Away team win or draw – this is also called the X2 bet. If the home team wins the match, you will lose your bet. Any other outcome means that your bet is a winner.
- Home team win or away team win – you will see this called the 12 bet. Your bet will be a loser if the match ends in a draw. If either the home team or away team wins, your bet will land.
How to place a football double chance bet
There are a few things you need to know about placing double chance bets. These include the time frame of the bets, the number of games included and the odds of winning each bet. Timing: You can place a double chance bet either before the match starts or once the first game is underway. To bet on a live match, you will need to use an online sportsbook that offers live betting. Remember that the betting odds are likely to change when the game is underway and if one team scores a goal.
It is very important that you choose to bet with an online bookmaker that has a good reputation. If you don’t have a bank account then there are online sportsbooks available today that offer a range of other payment methods including cryptocurrencies. However, betting can also be done without a bank account.
Many reputable online bookmakers such as Bet365.com will require that you go through a verification process to prove your identity. This involves sending copies of ID documents such as a passport, national ID card, or a driving license to the bookmaker. You will also need to prove that you live at the address you gave at registration through a bank statement or utility bill. But, if you do not feel sending your personal data safe, you can bet without sending your ID.
Football betting is very popular in the United Kingdom. Most of the UK based online bookmakers will offer their members the chance to use Gamstop to prevent them from gambling too much. If you are based in the UK and don’t want Gamstop, there are international online sportsbooks that will take your double chance bets.
Why should you consider double chance football bets?
Football betting can be very unpredictable. In a match where the home side is very strong and the away side is weaker, it is natural to expect a home win to be the likely outcome. But there are occasions where this is not the case and the away team battles hard to secure a draw. Occasionally, the unfancied weaker away team can even win the match.
By going for a double chance bet where you are betting on two outcomes instead of one, you increase your chances of winning your bet from 33% to 66%. Only the one other possible outcome will cause you to lose your bet.
Of course, when you go for a double chance bet you are actually placing two bets on the outcome of the match. Another way to place a double chance bet is to “lay” one of the outcomes. Betting exchanges such as Betfair will allow you to place “lay” bets.
With a “lay” bet you are betting against one of the outcomes occurring. So, if you “lay” a home win, your bet will land if the away team wins or it is a draw. You can “lay” a home win, an away win, or the draw.
You need to be careful when you are placing “lay” bets with betting exchanges. This is because your liability can be high with a “lay” bet. If you lose a “lay” bet then you will have to settle the liability. Sometimes this can be a substantial amount.
