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What Is a Double Bet?

December 29, 2020, 10:32
What Is a Double Bet?

In betting, the most important thing is to find a balance between high odds and the risk involved. Naturally, punters don’t want to risk too much, but they are attracted to high odds. So how can double betting help you with that?

Let’s start with the basics. What is a double bet even?

Usually, it’s actually two different bets combined into one. Because there are two bets, odds are multiplied and you get a higher value! When speaking of individual wagers, odds are usually shamefully low.

A double bet gives you an opportunity to bet with lower risk, but still get higher odds. The punters love to use it and it’s widely popular across the globe in various sports.

Keep in mind that both bets need to be successful for you to win! In the next sections, we’ll teach you what a double is in betting and how to actually win when double betting.

How Does Double Bet Work?

You have learned the definition of a double bet, let’s proceed to the next important question. How does a double work in betting?

You have to choose two games you want to place a bet on. It has to be separate events, such as two football matches for example. When you place a bet, both matches will be on the same slip and their odds would be multiplied. In that way, the odds are much bigger, but you have to predict the winners of both matches correctly!

In football, there are endless possibilities when it comes to double betting, but you can also place those bets in almost any sport – tennis, horse racing, basketball, etc.

Note that even though it’s two bets combined on one slip, it’s still a SINGLE BET. So if your stake is $10 then the total you have to pay is also $10.

We have covered the greatest tips and tricks of double betting in various sports such as football, horse racing and tennis. Read on to learn how to win big by betting from the comfort of your home, simply by visiting 4rabet.com!

Double Betting in Different Sports

Double Betting in Football

Football really does have endless possibilities when it comes to double betting. How to make the most of it? Try out various selections and combine other types of bets for the best results. For example, you can place a double bet and add both teams to score. The odds are great, but you should play it smart!

Double Betting in Horse Racing

When it comes to horse racing, the strategy is similar to that in football. You have two races you want to bet on and you are rooting for two horses to win. Visit 4rabet.com, select races, place a double bet and wait for the great news to come!

Double Betting in Tennis

Once again, the logic of double betting in tennis is similar to that in football. Tennis is a head-to-head sport and your only job is to guess the winner of the match. Choose two matches and root for your favourite players. When you guess both winners, prepare to cash out your juicy reward!

Double bets are widely popular due to realistic chances of winning and a great payout. It’s also one of the simplest accumulator bets and you will be amazed how high odds can be.

Advantages of Double Betting

The main advantages of double betting are:

  • Simplicity;
  • High odds;
  • Realistic chance of winning;
  • Great payout.

To help you understand the main advantage of double bets compared to single bets, we’ve prepared a detailed explanation for you.

The math behind it is illustrated in the table below.

Manchester U. vs Arsenal Chelsea vs Manchester City
ODDS for Manchester U. Winning 2.5 ODDS for Chelsea Winning 1.8
ODDS for DRAW 4.2 ODDS for DRAW 4.0
ODDS for Arsenal Winning 1.5 ODDS for Manchester City Winning 2.0

Let’s say that the first match is Manchester United vs Arsenal. You want to bet that Manchester United will win and the odds for that are 2.5. Your stake is $10. On that slip, you also added Chelsea vs Manchester City and placed a bet predicting Manchester City would win.

The first match is between Manchester United and Arsenal and viola, you have guessed it right! Manchester United has won! What happens next? Since your stake is $10, it’s multiplied by the odds of Manchester United winning, 2.5. That earns you $25! However, since you have decided to try double betting, now Manchester City has to win as well.

So what happens with your stake?

Since you have won the first bet, $25 is multiplied by the odds for Manchester City winning, 2.0. If they win, your total payout will be $50!

In comparison to that, if you placed a single bet on each match, you would get a $12.5 payout for the first match and $10 for the second one. In total it’s $22.5 which is twice less!

Now you are well-prepared to place a winning double bet on 4rabet.com. Don’t waste time, a great payout is waiting for you!

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