Wager Mage
Wager Mage
Photo: Mustafa Hussein
A double bet is the most simple and straightforward multiple bet available. As the name suggests, it is simply two different selections bundled together into one bet. If the bettor makes two winning selections, they win and get a greater payout than they would if they have just placed two separate single bets.
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Read More »The second way is that a point is added to each of the two odds and then multiplied to create new odds for the two selections. For example, if the odds were 8/1 and 9/1, a double bet would increase them to 9/1 and 10/1, leading to a double bet odds of 89/1 (9 multiplied by 10 is 90 and 89+1=90). The returns would then be calculated using this number based around the stake the bettor originally placed. Applying this to a real world example, a bettor may wish to place a double bet on the results of Newcastle v Everton and Watford v Fulham. They believe that Everton will beat Newcastle at odds of 5/1 and that Watford will beat Fulham at odds of 6/1. If the stake was £2 and both of these results were to come in, the bettor would make £84, a profit of £82 from that original £2 stake. These winnings can be compared with those that would be made on two isolated single bets to understand the differences between singles and doubles. A £2 stake on the Everton v Newcastle game would return a sum of £12. The same stake on the Watford match would return a total of £14. The total winnings would therefore be just £26, which is a significant drop from the £84 made on the double bet.
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Read More »In a treble bet, a bettor is placing three selections are made on three events with three times the odds. In other words, a third match would be added to the Everton and Watford games and if the bettor were to select the correct winner from that game (and the Everton and Watford matches were to go in their favour as well) they would make a return. In a trixie bet, the bettor also makes three selections, but there are four bets being made. This is because a trixie bet is made up of three doubles and one treble that have been brought together under one. The Trixie bet offers a little security to the bettor because even if one of these bets fails, the bet is still won.
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