Wager Mage
Photo by Keira Burton Pexels Logo Photo: Keira Burton

How do you win a 12 bet?

Bookmakers indicate this bet by a combination of letters and numbers: 1X, X2, and 12. "1X" means that the first team (athlete, host) will win or draw. ... "2X" means that the second team (athlete, guest team) will win or draw. ... "12" is means that team 1 or team 2 will win the match.

What slot has highest payout?
What slot has highest payout?

Top 5 Online Slots with High Payouts #5 – Koi Gate Slot. Koi Gate is an online slot with an Oriental theme and offers players the chance to win big...

Read More »
What is the farthest Gonzaga has gone in March Madness?
What is the farthest Gonzaga has gone in March Madness?

The 2014–15 team advanced all the way to the Elite Eight before losing to eventual national champion Duke. This was the first time since 1999 that...

Read More »

By Paul Stewart, Mon 13 December 2021 16:21

The concept of the term double chance. ✔ Example in football and hockey. A number of tools are used to insure bets. And the double outcome is one of them. What does this term mean? And how to use it efficiently? Read the article to the end.

What does the concept of double chance mean?

Double Chance is a bet on two possible outcomes of a sports event out of three. Double Chance in bets is a derivative of the main outcomes of 1X2. The probability of prediction increases twice and mathematically equals to 66.6% Bookmakers indicate this bet by a combination of letters and numbers: 1X, X2, and 12. "1X" means that the first team (athlete, host) will win or draw. 1.22 offered on 1X in the Champions League Final Manchester City vs. Chelsea clash. "2X" means that the second team (athlete, guest team) will win or draw. 2X in bets on the decisive match of the Champions League is estimated at 2.02. "12" is means that team 1 or team 2 will win the match. 1.34 is given for 12 as a double chance in the game between "citizens" and "aristocrats"

Example of calculating a bet on double chance

Let's calculate the bet on double chance for the hockey match between the Washington Capitals and the Boston Bruins. Bookmakers estimated the opponents' chances as follows: 1X – 1.68, X2 – 1.50, and 12 – 1.25. The score on the scoreboard after the final whistle is 1:3. This means that the prediction for a double chance of "Boston" has odds of 1.50. USD 1,000 bet resulted in USD 1,500 winnings and USD 500 net profit. Accordingly, the bets on 1X and 12 were lost, and the bookmaker got the players' money. The Double Chance bet in football and other sports is calculated in the same way. The result of the full-time of the match is taken into account when summing up.

In football also counts the minutes compensated by the referee.

We would like to recommend the BetBurger service for searching for surebets and overweight bets. Arbitrage betting is absolutely legal, though many bookmakers are not loyal to professional gamblers. Theoretically, understanding of the Double Chance principles is not enough to profit in the long run. Experienced bettors use it in proven winning strategies. 1. Double chance for the hosts in matches of equal opponents. The level of both teams is comparable. The hosts use the factor of their field and do not lose. 2. Double chance in a bet on underdog. Leading clubs periodically are out of luck. Bookmakers overestimate the odds of the favourite's victory. Betting on the initially weaker side will bring a profit with a high coefficient.

What is the number one secret to success?
What is the number one secret to success?

To sum up this secret to life success: Instead of focusing on what you want, focus on what you want to offer. Instead of seeing few options, know...

Read More »
Is it better if the odds are high or low?
Is it better if the odds are high or low?

Odds show how much money you will win, if you bet on an event to happen. The higher the odds are, the more you will win, relative to your stake.

Read More »

3. 12 bet in matches with an important tournament value. The match participants did not complete the task for the season and do their best to win. Draws are rare in such clashes. 4. Live bet on the losing favourite. The success of a strong club before the game is not not rated with high odds. It is common for the giants of world football to concede first. The favourite’s win rate increases significantly at this point. Initially, the stronger team breaks the match course in the remaining time and gets a Win from Behind. The main purpose of double chance is to minimize the risk of losing money. When betting on a double chance, the player sacrifices the odds value in exchange for an increased chance of success. This is the only disadvantage and advantage of the considered type of bet. The combination of Double Chance with a total or both to score significantly increases the quotes. In the final game of the 2020/21 Champions League, 1X + total over (2.5) = 2.83 and 1X + both to score (yes) = 2.36.

The difference between a double chance and a handicap (0)

Double chance and zero handicap have a common nature. 1X is close in meaning to the handicap for the hosts H1(0), and 2X is close to the guests H2(0).

The main outcome is insured in both cases.

The differences are in the size of odds and the method of calculation. The difference in quotes in the Spezia - Roma match is clearly displayed in the table below.

1X H1 (0) 2X H2 (0) 2.54 4.14 1.18 1.25

The game between the capital and provincial clubs ended in 2-2 draw. Those who bet on the double chance of Spezia and Roma received a profit with 2.54 and 1.18 odds. In the case of a draw, the bet on a zero handicap is considered to be bet return and is calculated with 1.0 odd.

Expert opinion

Double chance itself does not guarantee a 100% win, since there is a third scenario in the match: 1X, 12, and X2. But there are surebets and value bet that will bring profit in any case. To search for arbitrage situations and outcomes with overestimated odds, use the surebet scanner BetBurger.

Will crypto rise again 2022?
Will crypto rise again 2022?

In Analytics Insight, Sanyal says that market analysts predict that Bitcoin could hit USD $100,000 by the end of 2023, and others say it can climb...

Read More »
Can you go to jail for cheating in gambling?
Can you go to jail for cheating in gambling?

The most common type of casino crime is known as “cheating and swindling.” A person who purposely or knowingly commits fraud while attempting to...

Read More »
What causes a person to gamble?
What causes a person to gamble?

People gamble for many reasons: the adrenaline rush to win money, socialise or escape from worries or stress. However, for some people, gambling...

Read More »
What do Irish people call cops?
What do Irish people call cops?

Law enforcement in Ireland The Republic of Ireland has one national civilian police force, called “An Garda Síochána”, meaning 'Guardians of the...

Read More »