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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
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