One of the most popular betting markets is the double chance, which covers two possible outcomes and minimizes the risk of losses, although it also reduces the odds. In a double chance bet, we bet on two of the three possible outcomes in the 1X2 market, so we have a 66.6% chance of winning, compared to 33.3% in conventional 1X2 bets. It is a very common market in football, although we also find it in sports such as handball or rugby, where a tie is possible.
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Types of double result bets
All betting houses that offer the double chance include three options for betting:
- 1X: we bet for home win or draw. Away win loses the bet.
- X2: we bet on the away team victory or a draw. The away team victory makes Philippines lose the bet.
- 12: we bet on the local or visitor's victory. The tie results in losing the bet.
The odds on the double chance
By increasing the chances of winning the bet, the odds will decrease considerably, especially when the favorite is included. We will probably see odds below 1.20 or 1.10 if the match is very unbalanced. However, it is easy to find odds close to even (or even higher) for the underdog in matches that are initially unbalanced but where it would not be unreasonable to think that a draw could occur or even to pull off an upset and defeat the favorite.
When to use the double chance bet
When making double chance bets, it is very important to analyze the real state of each team. The name, position in the rankings, or the odds from betting houses become less important, and you have to analyze the tendencies of both teams, such as their performance at home or away, injuries and sanctions, and other factors such as whether they have played matches during the week, coming off a selection window, or having dressing room problems that could affect the team's performance.
Depending on the level of risk you want to take, you will use double chance bets more or less frequently. They are a very interesting market to minimize risks, whether you are a novice player or in combined bets. There are a number of situations where playing with double chance is interesting, as the odds are attractive and there are serious chances of winning the bet. Let's see some examples.
Double Chance Bet ExamplesExample 1: Two very even teams face each other and the betting shops opt for the visitor.
Valencia-Atlético de Madrid. Valencia's victory is priced at $3.40, a draw at $3.30, and Atlético's triumph at $2.20. It's a highly contested match between two strong teams, although the bets favor Atlético. However, Mestalla is one of the toughest stadiums in La Liga, and the double chance of Valencia or draw (1X) is priced at $1.70, more than a decent quote. If we go for "X2", the quote is $1.33 and "12" is at $1.34.Example 2: By name, the home team is favorite, but the visitor arrives better at the game.
Athletic-Leganés. The victory of Athletic is priced at 1.66$, the draw at 3.50$ and the triumph of Leganés at 5.75$. At first glance, the 3 points should stay at San Mamés but Athletic comes with doubts and some notable absences. On the other hand, Leganés is on a winning streak and arrives with all players available. Would it be a surprise if they at least draw? No. And the double chance "X2" draw or Leganés is priced at 2.25$. On the other hand, "1X" is priced at 1.16$ and "12" at 1.30$.Example 3: The visitor is clearly a favourite, but they visit a difficult field and there are factors that condition the game.
Girona-Real Madrid. Girona victory is priced at $8, a draw at $5.25, and Real Madrid's triumph at $1.33. Girona is playing well at home, and Real Madrid is coming off extra time in the Copa del Rey and will rotate next week in the Champions League round of 16 against PSG. The double chance of Girona or draw is priced at $3.40, while "X2" is quoted at $1.09 and "12" at $1.18.Example 4: Minimize risks in a combination.
Getafe-Eibar. Getafe's victory is priced at $2.05, the draw at $3.25, and Real Madrid's triumph at $3.75. Getafe plays at home where they have been winning quite easily against an Eibar team that has not won in 6 away matches. Getafe should win, but to minimize risks and not put our combo in danger against a potential draw, we can include the double chance of Getafe or draw at $1.28. The "X2" is priced at $1.80 and the "12" at $1.35.
Bookmakers with double chance market