Double Chance Betting
The double chance betting option is one utilised by cautious bettors when staking on football match events. It helps to secure a bettors stake albeit with a reduction in the odds offered for that selection. A typical football match has three ways in which the final result can be when the final whistle is blown. Home win, the draw option and the away side winning are the expected results from any given match event. The double chance betting option helps punters with the fact that two of the three options are in their favour.
A punter can play the home side to win or draw and will only lose when the away side wins the match or he can choose the away side to win or draw and will only lose when the home side wins the match. All these are the strategies employed by bettors to ensure that their predictions are less risky before staking on it.
When to Bet the Double Chance
The double chance is beneficial when staking on any football match event, it is certainly recommended for those who prefer to minimise risk when betting. It is the best style for “play it safe” kind of betting and you will be able to pick up small wins if used regularly.
There are still some setbacks in using the double chance betting option regularly, the odds are so low, you will potentially leave a lot of value unused. You will surely win regularly, but you won’t necessarily win more money overall. Sometimes it’s better to accept the bigger risk of using the Win-Draw-Win in exchange for better potential payouts.
Example:
There are two particular cases where it is preferable to use a double chance. These are as follows.
- Well-matched games where we think one team has the edge.
2. Where we'll like an underdog to win.
In the first case, the double chance is more sensible when looked at but if you think that your preferred team only has a small edge, then you’re obviously not expecting an easy victory. This means there must be a strong possibility that the team is likely to win. Backing your team to win or draw is, therefore, a sensible approach. You can expect a lower potential payout, but your chances of actually getting that payout increases which typically provides a better overall value.
In the second case, there’s a reason why teams are underdogs with the bookies, and it’s because they only have a very small chance of winning. So it’s rare that we find spots where we genuinely think a big underdog is going to cause an upset.
Conclusion
The double chance is an excellent choice when staking on events, only use it to cover the underdog winning and the draw. Backing the underdog on the Win-Draw-Win would give you better odds of course, but covering two possible outcomes is favourable in this scenario. It gives you a better balance between risk and reward.
You can read about other interesting articles to build your sporting and betting knowledge on our blog. You can also get both free and paid prediction tips from the best tipsters here.
