Football bettors always seek easy bets, attractive rewards, and especially those with high winning odds. Among them, the Double Chance bet is a popular choice at many bookmakers. It is an appealing bet with overwhelmingly higher winning odds compared to many others, even including Asian handicap bets.
 
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What is the Double Chance bet?
The Double Chance bet is an evolution of the 1X2 bet. Instead of choosing only one of the three possible outcomes, players can now increase their winning odds by selecting two out of the three options in the 1X2 bet. With this method, you can enjoy up to a 70% chance of winning in each bet. Furthermore, in some matches with clear differences between teams, you can almost guarantee a win with this type of bet.
How to read and calculate the Double Chance bet?
The Double Chance bets are displayed on the betting board under the "Additional Bets" section. Here are the options offered :
1X: Betting on the home team to win or draw.
2X: Betting on the away team to win or draw.
12: Predicting either the home team or the away team to win.
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Different bets have varying rewards. Due to the high winning odds, the rewards for this type of bet may be lower compared to other bets. The basic calculation for the winning amount is as follows:
Winning amount for 1X bet: Win = 1 / (1/odds + 1/odds).
Winning amount for 2X bet: Win = 1 / (1/odds 1 + 1/odds 2).
When you lose the bet, you will lose the amount you wagered.
Available options in Double Chance bets:
Players participating in Double Chance bets have three specific options to choose from, based on the symbols provided by the bookmakers for placing their bets:
Betting on the home team to win or draw.
Betting on the away team to win or draw.
Betting on either team to win.
For example, in a match between Spain and Sweden:
If you bet 1X, you are betting on Spain to win or draw. If it's the correct outcome, you will win 10,000 VND and receive 10,800 VND.
If you bet 12, you are betting on either Spain or Sweden to win. If one of the teams wins, you will win 10,000 VND and receive 11,800 VND.
If you bet X2, you are betting on Sweden to win or draw. If you win the bet, you will receive 27,000 VND for your 10,000 VND wager.
Important notes to remember when betting on Double Chance:
When looking at the betting board, the team on top is always the home team, and the team below is the away team.
Matches played on neutral grounds consider the team on top as the home team, and the team below as the away team.
Double Chance bets only apply to the 90 minutes of official playing time, excluding extra time and penalties. Some bookmakers may also offer First Half Double Chance bets for specific matches.
 
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Conclusion:
Participating in Double Chance bets allows you to rely not only on luck but also on specific betting strategies and tips to ensure success. We wish you an exciting experience with your bets!