Understanding What Double Chance Betting Is and How to Play It Most Effectively
Double Chance betting is a concept that most newcomers to football betting struggle with, as understanding this concept requires some experience with online sports betting. In the following article, wintip will explain in detail what Double Chance betting is.
What is a Double Chance Bet?
Are you wondering what a Double Chance bet is? This popular type of football betting is also known as the 'Double Opportunity Bet'. Double Chance bets were created by seasoned bettors and are applied to 1X2 football betting, where players can bet on three alternative possibilities: 1X, 2X, or 12.
For those unfamiliar with what 1X2 in Double Chance betting is, it's one of the three most common types of football betting. In it, players can bet on three options based on the match's outcome:
Home team wins: 1
Draw: X
Away team wins: 2
In Double Chance betting, the bettor gets two outcomes to bet on out of the three possible results. This increases your chances of winning to 66%, while not betting double chance only offers a 33% chance of winning.
Therefore, not all online betting platforms wish to offer such aggressive odds, and hence only a few of them provide double chance opportunities to bettors. One such platform is the online sportsbook Wintip best app for football prediction.
What is the operational concept of the double chance betting strategy?
The goal of Double Chance in football betting is to reduce losses and increase the chance of winning up to 66%. Bettors place bets on two outcomes of the same sporting event to win the bet. The idea is to neutralize the loss of one bet with the win of another.
Double Chance is quite straightforward, with three possible outcomes in a football match between two teams. The 1X2 betting option indicates three outcomes. 1 Means the home team wins, X means a draw, and 2 means the away team sure home win prediction.
When bettors place their bets on 2 out of the three outcomes, they could bet on 1 or X, bet 1X or 12, 2X. Suppose a bettor decides to bet on 1X, and the home team actually wins the match. Then the bettor wins the profit on 1 and loses the bet on X, making the loss almost null.
Double Chance betting is profitable in the long term, calculating the profit of each single win through Double Chance can lead to significant earnings. For beginners, it's a strong strategy to always recoup your money. Isn't it better than losing all of it?
Note: Double Chance betting increases the chances of winning but not the amount you will win. The winning amount depends on the odds of both teams. The primary purpose of Double Chance in football betting is to balance out the losses. Knowing more football betting tricks can help enhance your profits.
What are the advantages and disadvantages of double chance betting?
What are the benefits of double chance betting?
Increased Winning Chances: What do you think happens when you can bet on two outcomes in a match out of three possible outcomes? Well, you are on the right track. Double Chance gives you the opportunity to bet on two outcomes in a match, increasing your probability of winning to 66%.
Less Risky Strategy: There is no doubt about agreeing with the fact that Double Chance reduces the risk of losing money for bettors. By betting on two outcomes instead of one, you reduce your 33% chance of losing money and balance out your winning amount.
Valuable Underdog Bets: Never count out the underdog, as professional football bettors never do. They are the ones who often surprise with their performance. Do thorough research before placing a bet, delve deep into the performance of the underdog team.
Profit If Teams are Equally Matched: If two teams are nearly equal in strength, it's hard to pick a winner. In such cases, the Double Chance betting strategy acts like a lucky charm. If you are sure that the football match between two teams will not end in a draw, bet on the 12 betting option.
What are the drawbacks in double chance betting?
Lower Odds: As the payout mostly depends on the odds of the teams, and Double Chance has slightly lower odds. Double Chance bets tend to pay out less profit than the usual options.
Lack of Availability for Likely Outcomes: Online sportsbooks often tend to remove outcomes with high likelihoods from the line. Not all online betting brands allow for Double Chance bets.
How to use double chance bets in football betting
Markets available for the double chance strategy
There are three possible scenarios in a football match where you can apply the Double Chance strategy. The 1X2 betting option in football offers three outcomes to bet on, where 1 is a home win, X means a draw, and 2 is an away win. Double Chance allows players to bet on one of two outcomes out of the total three, 1X2. Therefore, the three possible markets in football matches for betting are:
1X – Betting that the home team will win or the match will end in a draw.
12 – Betting that either the home team will win or the away team will win.
2X – Betting that the away team will win or the match will end in a draw.
In these three different betting possibilities, you can easily hold a 66% chance of winning. Here's a secret for you, choose two betting platforms.
Place a Double Chance bet on one of them and bet on the remaining match outcome on the second betting platform. Thus, you have created for yourself a football betting strategy with triple the chance.
What are tips for using the double chance betting strategy?
Follow professional tipsters: It's hard for beginners to predict the outcome of a match, but professionals do it regularly.
Therefore, follow an expert when predicting over/under. Read 3-4 sports forecasts and consider previous head-to-head performance.
Find the right bookmaker: As mentioned before, not all betting service providers allow Double Chance bets for bettors. Do your research before joining an online sportsbook. A top site offering Double Chance betting is the reputable football bookmaker Wintips.
Best served with the underdog team: The Double Chance betting strategy in a football match is best for the underdog team. They are most doubted to be a weak team and underrated. They can perform wonders in the later stages of championships. Trust in the underdog team and see the results for yourself.
Ask for free bets & bonuses: Use free bets and first deposit bonuses for your advantage. These are privileges when joining an online betting site. Get welcome cash offers through Wintips's promotional programs.
Conclusion
Above is information to help you understand what a Double Chance bet is and betting tips telegram for betting on this market at the reputable bookmaker Wintips. We hope that what we have shared will be useful to you in enhancing your knowledge of online football betting.
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