what does double chance betting meanings

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Tuesday's match between Greece and the Czech Republic has huge implications poland greece betting preview goal both sides poland greece betting preview goal terms of their chances to advance to the knockout stages of the European Championship. Greece was able to come away with a draw in its opening match against Poland in Warsaw, despite playing the majority of the match a man down. Poland greece betting preview goal Polish side looked in control, and it seemed they would start the tournament off with a win, but substitute Dimitris Salpingidis found the back of the net in the 51st minute to tie the game at one. The Czech Republic was taken behind the woodshed by Russia in its first match, falling in embarrassing fashion They'll certainly need a better effort if they want to avoid being all but mathematically eliminated after their first two games. Sokratis Papastathopoulos is suspended for this one after being sent off against Poland on a controversial call, to say the least. Avraam Papadopoulos, another key defensive contributor for the Greeks, is out of the tournament with a knee injury.

What does double chance betting meanings win or lose sports betting

What does double chance betting meanings

Given the lower risk in double chance betting, this market is undoubtedly advantageous for a good portion of punters out there. It would be a good bet for the risk-averse punters and for high rollers alike given the higher chances of winning. Going through and calculating the odds will be an excellent way to create the perfect betting strategy with a diverse number of bets across several bookies. So is double chance betting worth the time?

This type of bet is a good option for riskier games because since the overall odds will be higher, the shorter price on the double chance market will not seem like too much of a rip-off. Lastly, some also say that it is a good complement for handicap betting. Integrating this type of bet with an overall betting strategy will help add to an overall increase in odds and improve long-term profitability. Draws matches are less common than wins, but they can be factored into this kind of bet for bigger profits.

As long as the sport has three possible outcomes, the double chance betting market is a possibility. This article used football as the vehicle for an explanation since it is the universal sport for this type of bet. This website uses cookies. By using this website, you consent to the use of cookies. You can find more info in our privacy-policy. EM News Ticker. What is Double Chance Betting?

Double Chance Betting Explained Have you ever seen a match-up and just knew, deep down, that there is absolutely no way that the game will finish in a draw? Up-step double chance betting! UK's Top 10 Bookmakers February Bet Review. Bet New customers only. New Customers only. William Hill Review. William Hill New customers only. Smarkets Review. Smarkets New customers only.

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TopBonus 1. Odds correct at time of publishing. You lose the bet in case the home team wins. Your bet comes through if either the hosts or visitors pull off a win. You lose the bet if the match ends in a draw. Consider a match where Liverpool is taking on Bayern Munich at Anfield. That makes Liverpool the home team 1 , of course.

With this type of bet, you give yourself a better shot at winning. Stated below are the upsides of Double Chance Betting:. This is simple. Unlike a traditional 3-way wager that warrants you to select only one outcome, a Double Chance Bet rolls two distinct outcomes into a single bet.

Importantly, it is a prevalent bet type offered by scores of bookmakers. You are good as long as the team you have backed avoids defeat. In an evenly-matched contest, it is usually difficult to pick an outright favourite. What it means, for instance, is that while the hosts have had an impenetrable defence, strikers from the rival camp have been right on their money.

In a scenario like this, Double Chance Betting can be a functional strategy, particularly if the teams are playing their last league fixture and would want to finish on a high. Few sports can be as tense and hair-raising as football, and a sensible punter will know better than to rule out the underdogs in a game. For example, a strong outfit may be visiting an apparently weaker side, and you might think that the visitors would have it easy.

However, factors like jet lag, an unfamiliar ground and strong home support come into play, overwhelming the seemingly stronger side. At the end of it, the hosts might pull off an upset. This is where Double Chance Betting can come in handy, considering odds on the underdogs are likely to be significantly higher as compared to the favourites.

Think about Watford taking on Liverpool away from home. Your bet comes through even if they bag a point through a realistic draw. The odds will be lower as compared to a Correct Score bet , for instance; considering you can back two possible outcomes with a single stake. Punters regularly enjoy big profits here as the increased probability of a winning bet outweighs the lower odds on offer. Also, if you are supporting the runaway favourites in a game, the Double Chance Betting strategy may not be the best option.

That being said, it is an excellent bet if you are wagering on the underdog or a match of equals. Research is the key; otherwise, even the most effective strategies can sink your bet. That being said, stated below are some of the more functional Double Chance Betting tips that can help to better your chances in the market:. This bet type is tailored for situations where both the teams have had mixed results in the recent past.

Remember that the hosts usually have an edge over the visitors, thanks to their familiarity with the turf, crowd support and prolonged practice sessions. Conversely, you can also back the underdogs for the higher odds riding on them. In this case, the 12 selection can bring in the money, particularly if you believe a draw is a remote possibility.

As discussed, odds in this market are likely to float on the lower side. It means that chances are your pay-out would be relatively small. While any profit is good profit, try to bet on a game of equals if you want formidable winnings.

You must know what odds to expect for it will help you understand whether a bookmaker is offering the best bang for your buck. Here are the formulae:. This market offers an extra cover against losing. You only back a Home win or an Away win, something that cushions you in case of level scores.

To know how and when Draw No Bet works and the advantages of betting in this market, click here. This bet type puts the stronger team at a disadvantage at the onset of the match , by half or one-and-a- half goals, for instance. To know about Asian Handicap Betting, its various lines, and the bookmakers who offer this bet type, click here.

This low-risk bet type allows you to combine two possible results of a match into a single bet. This increases your chances of winnings. However, the odds on this bet are usually lower than other conventional markets. The following outcomes are possible: 1X: You can back the home team and a draw you lose your bet if the visitors win X2: You can back a draw and the Away team you lose your bet if the hosts win You can back both the Home and Away team you lose your bet if the scores are level.

For starters, you have extra security for your wager as you can back two possible outcomes out of three. It is a good strategy for betting on the weaker team; considering you have higher odds and not require the underdogs to win and pull off an upset against a seemingly stronger side you win your bet even if the match finishes level.

Some think Double Chance Betting cannot earn one handsome winnings, considering the odds are lower. The increased probability of your bet coming through often makes up for the odds. All you have to be is patient, look for the best odds and pay attention to the statistics before betting. Open a Free Account with Bet Given the lower degree of volatility, Double Chance Betting is undoubtedly a good option for punters.

It is an advantageous bet type for both high rollers and risk-averse punters. This bet serves well for evenly-matched contests that you think would go right down to the wire or if you want to wager on the underdogs.

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