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What is a Double Chance Bet?

Level: Beginner
Updated: Dec 30, 2023
1 min read

Key Takeaways

Double Chance is a bet that includes two of the three possible outcomes from a three-way money line. In a three-way money line, there are three possible outcomes.

  1. Home team wins
  2. Away team wins
  3. Draw

Double chance wagers have three possible combinations.

  1. Home team wins or draw
  2. Away team wins or draw
  3. Away team or home team wins

If either one of the two outcomes in your selected wager happens then your bet wins.

Screenshot of a sportsbook showing a double chance bet Screenshot of a sportsbook showing a double chance bet

Double Chance Bet in Match Betting

A three-way money line wager covers one of three possible outcomes, and a double chance covers two of three. This allows a three-way money line to be paired with a double chance in a way that covers all possible outcomes and guarantees one of your two bets will win.

Screenshot of a double chance bet Screenshot of a double chance bet Screenshot of a 3 way money line bet Screenshot of a 3 way money line bet

In the example above matching the double chance bet of "Man City And Draw" with the three-way money line bet of Liverpool covers all possible outcomes.

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