Double Chance bets in soccer have become more popular because they offer an option compared to bets by allowing bettors to cover two out of the three possible outcomes in a game. Win or draw or defeat. Thus lowering their risk of losing money despite the odds being lower than single outcome bets in general with proper use of this strategy in football betting can lead to significant success.
Double Chance bets allow players to wager on both possible outcomes of a football game rather than just one. Football has three possible outcomes: a win for the home team, a win for the away team or a tie. Double Chance betting allows you to cover two out of three options with a single bet making it one of the most flexible betting markets.
For example, in a match between Manchester United and Liverpool, you can place a Double Chance bet on:
In essence, Double Chance betting offers greater coverage for the bettor, reducing the risk of loss while maintaining the chance to profit.
In a Double Chance bet, bookmakers calculate odds based on the likelihood of two outcomes happening. Since you are covering two out of three possible results, the odds for these bets tend to be lower than traditional bets, which only cover a single outcome. The odds will depend on various factors, such as team form, home/away advantage and overall market sentiment.
For instance, if a strong team is playing a weaker team, the odds for the stronger team’s victory might be low. However, betting on a Double Chance (e.g., the weaker team to win or draw) would offer a higher chance of success, although the odds would still be lower than a straight bet on the weaker team winning.
One of the most strategic uses of Double Chance bets is when betting on underdogs. In football, underdogs often face long odds, but they occasionally manage to secure draws or even upset victories.
By placing a Double Chance bet on the underdog to either win or draw, you are essentially hedging against the possibility of a close match. This is particularly useful when the underdog has shown recent form improvements or when the favorite team is struggling.
Example: If a mid-table team like Brighton is playing a top team like Manchester City, a Double Chance bet on Brighton to win or draw can be valuable, especially if Manchester City is missing key players or is fatigued from other competitions.
When two teams are closely matched, predicting a winner becomes challenging. In such cases, the outcome could easily go either way, or the match may end in a draw. Double Chance betting allows you to cover both possible winners, which is useful when you believe the game will be competitive but are unsure of the final result.
Example: In a derby match between AC Milan and Inter Milan, both teams are often evenly matched. A Double Chance bet on "either team to win" eliminates the risk of a draw while offering a higher probability of success.
Teams that have strong defenses often play for draws, especially in away games or against higher-ranked opponents. In such cases, betting on a team to "win or draw" via Double Chance can provide value. Defensive teams may not score many goals, but they often manage to secure draws by preventing the opposition from scoring.
Example: Atlético Madrid is known for its defensive prowess, especially under manager Diego Simeone. In matches where they play away against strong opposition, a Double Chance bet on Atlético to win or draw can be a strategic move, as they are likely to either grind out a win or secure a low-scoring draw.
In high-stakes matches such as cup finals, playoff games, or relegation battles, teams tend to play more conservatively, prioritizing avoiding a loss over taking risks to secure a win. In these situations, Double Chance betting can be useful, as teams are more likely to play cautiously, resulting in draws or narrow victories.
Example: In a relegation battle between two teams fighting to avoid the drop, both teams may be more focused on not losing rather than winning. A Double Chance bet on either team to win or draw provides a safer way to bet on such tense encounters.
One popular strategy is to combine multiple Double Chance bets into an accumulator. While Double Chance bets offer lower odds, combining several of them into a single bet can yield a higher overall payout. This strategy works well when betting on a series of matches where you want to minimize risk while still seeking a decent return.
However, accumulators carry their own risks, as all bets within the accumulator must win for the bettor to profit.
Another effective strategy is using Double Chance bets in live betting. Live betting allows bettors to observe the flow of the game before placing a wager. If a team is playing well but has not yet scored, or if the favorite appears to be struggling, placing a Double Chance bet during the match can offer better value than pre-match odds.
Example: If a favored team is down 1-0 early in the game but is dominating possession, a live Double Chance bet on them to win or draw may provide a safer option, as they still have time to recover and at least secure a draw.
Bettors can also use Double Chance bets to hedge pre-match wagers. For instance, if you have placed a pre-match bet on a team to win but are unsure about their performance leading up to the game, you can place a Double Chance bet on the opposing team or a draw during the game to mitigate potential losses.
One common mistake is betting on heavy favorites using the Double Chance market. Since the favorite is likely to win, the odds for a Double Chance bet are often very low, providing little value. In these cases, a straight bet on the favorite is usually a better option.
While Double Chance bets can be beneficial for underdogs, it’s important not to overestimate their chances. Just because a team is the underdog doesn’t mean they will necessarily secure a draw or win. It’s essential to assess the form, injuries, and other factors before placing a Double Chance bet on an underdog.
Combining too many Double Chance bets in an accumulator can lead to high-risk wagers, as all selections must win. While this can increase potential payouts, it also increases the likelihood of one bet failing and the entire accumulator losing.
Join now and take control of your football bets with OKBet's Double Chance feature with more coverage, more excitement, more wins!
