Double Chance Meaning - What Is Double Chance Betting in Soccer

Soccer creates unique betting markets that may not be seen compared to other major sports such as football, basketball, baseball, and hockey, because a draw is a common soccer result. Basketball and baseball cannot have ties at all. Professional football can have a tie, but it is rare as it happens about once every two-to-three seasons. Hockey does not have ties, but can be tied after 60 minutes of regulation, which is a market amongst itself.

When the double chance market is brought up in sports betting, it is 99% of the time dealing with a soccer match. Find free soccer picks and premium expert soccer picks at WagerTalk all year long!

What Is A Double Chance Bet in Soccer?

A double chance bet is a type of wager that allows customers to cover two possible outcomes in a single bet, increasing their chances of winning. With a double chance bet, customers can bet on two of the three possible outcomes in a match, such as a win or a draw for one team, or a draw or a win for the other team. In general, double chance bets are considered less risky than other types of bets, such as a single outcome bet, but they offer lower odds and potential payouts as a result. In a sports betting strategy sense, double chances are great to be used in hedging situations.

Double Chance Bet Example – Double Chance Betting Tips

An English Premier League match is on tap between Arsenal and Tottenham. The tradition soccer six-pack is below:

Arsenal	Draw	Tottenham
+130	+190	+235

The double chance market for this match would look like this:

Arsenal Or Draw	Arsenal Or Tottenham	Tottenham Or Draw
-345	-255	-170

Since Arsenal is the favorite, adding a draw to their winning chances pushes the odds quite high as the fear of losing the wager with a draw is taken out of the equation. If the customer thinks Tottenham is going to hang tough the entire game, has a legit chance at an upset, and doesn't want to get burned by a late Arsenal goal, it may be more appetizing to take Tottenham at -170 odds.

Reasons To Make A Double Chance Bet

If the team being wagered on is known for their defensive prowess and a low scoring game is expecting, using the double chance market may be beneficial if a draw is the most popular of the regular six-pack soccer market. On the flip side, if the match is expected to be an offensive showcase with five or six goals choosing both teams to win and leaving out the draw option is the way to go.

Using Double Chance Bets As A Hedge

If the last leg of a soccer parlay is a large favorite, choosing the weaker side + the draw as a hedge is a great strategy for using the double chance market. Because the draw is an option, simply hedging on the weaker side to win is not enough as a draw can wipe out the entire parlay ticket.

How to Bet on Soccer

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Looking for more free sports picks and sports betting tips?

Latest Betting Odds and Public Action: Vegas lines updated in real time, including who the public is betting on.
Last-Minute Handicapping Advice: Check out our extensive library of handicapping tips and advice from professional Vegas handicappers (we also recommend taking the time to look over our sports betting tips video library)
Want an expert opinion? Check out the latest Free Sports Picks and Best Bets from our team of expert sports handicappers.