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What is a Double Bet?
A
multiple bet consisting of 💲 two selections, both of which must win to gain a return.
The
double is a bet where two selections are made, 💲 and if the first wins, everything that
would have been returned is then used as a stake for a second. 💲 This style of bet is
popular because it creates the potential for larger returns but at the expense of
increased 💲 risk as all it takes is one losing selection for the bet to return nothing.
Similar to the treble and 💲 accumulator the only difference is a lower number of
selections. Each way and to-place only options are also available at 💲 some
bookmakers.
Popular in all sports, especially football and horse racing, all bets in a
double must be on separate events.
Examples
Once 💲 familiar with the examples, use the
double calculator to work out winnings quickly. The accumulator calculator can also be
used 💲 to experiment with more than 2 selections.
The football scores in the table below
are used to demonstrate winnings and losing 💲 example bets:
Home Team Score Away Team
Sunderland 3 - 1 Fulham QPR 4 - 2 Chelsea
Winning
Assuming a unit stake of 💲 £5 on
Sunderland to win at odds 2/1 and QPR to win at odds of 3/1 the winnings would break
💲 down as follows:
Returns = £5 * (2/1 + 1) * (3/1 + 1) = £60
Profit = Returns - Stake =
💲 £55
Losing
Assuming a unit stake of £5 on Sunderland to win at odds 2/1 and Chelsea to
win at odds of 💲 4/1 the returns would break down as follows:
The bet of Chelsea to win
has lost. Therefore this bet returns £0
Profit/Loss 💲 = Returns - Stake = -£5
Last
Update: 15th May 2024
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Also See
Double bet calculator -
Work out your double winnings by using 💲 this calculator. Supporting each way bets,
perms, non runners and dead heats.
What is a treble bet? - A rollover bet 💲 with 3
selections. The page gives a detailed explanation using football examples to
demonstrate winning and losing scenarios.
What is an 💲 accumulator bet? - A rollover bet
with no limit on the number of selections. Also known as a parlay in 💲 the US, this wager
is popular due to the potential to win big given a small outlay. The bread and 💲 butter
of punting, all gamblers should know what this bet entails.
