Double Chance Bet - A Guide For NZ Players

Author: Steven D. Thompson

Updated: 24/01/2024 11:52 AM

Want to increase your chances of winning by covering two outcomes? A double chance bet might be what you need. With double chance bets, you bet on two of the three possible outcomes of a match. Double chance betting odds may not be the highest, but the reduced risk of losing makes double chance bets a Kiwi bettor favourite.

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Table of Contents

Double Chance Bet Explained

When you place double chance wagers, online bookmakers in NZ allow you to bet on two of the three results of a game, Home Win, Away Win and Draw. There are three possible double-chance betting options: 1X, X2, and 12:

X1 stands for Home Team Wins or Draw
X2 stands for Away Team Wins or Draw
12 stands for Home or Away Team Wins

As you can see, with each double chance bet, you cover two outcomes. So, if you back a football team to win or draw, it doesn't have to triumph. A draw will be enough for you to have a winning bet. This betting option extends beyond soccer matches and applies to various sporting events where ties are possible.

Double Chance Bet Examples

There's nothing complicated about double chance bets, and the following example will show you exactly what we mean by that. Let's imagine you are placing a double chance bet on the football match between Arsenal FC and Manchester City (double chance is particularly popular among football betting enthusiasts). In this example, you are backing the Citizens to win or draw (X2).

If the football match ends 1-2 for Manchester, you have a winning wager. Even if the Citizens don't win the match and only draw 1-1, you still have a winning double chance bet, as you covered the draw option too. Your double chance bet will lose only if Arsenal wins the match.

How to Place a Double Chance Bet

The double chance bet is one of the most popular sports betting markets, so if you can't wait to place your first wager, we completely understand that. The great news is that placing double chance wagers is even easier than you expect it to be. This is what you need to do.

Step 1

Find a Reliable NZ Sports Betting Site

Before you start your double chance betting adventure, find a reliable online gambling site that has a comprehensive sports selection and competitive odds. That means the sportsbook must be licensed and secure, as well as have enticing double chance betting options.

Step 2

Open a Betting Account

Next, register an online betting account. This is a pretty straightforward process which is usually completed within a few minutes. Then you might need to verify your new betting account, so make sure you have copies of ID documents at hand.

Step 3

Make a Deposit

After you set up a sports betting account, you will need to deposit some money into it. So, choose a payment method and fund your account. While you are doing that, check if you can claim a welcome bonus.

Step 4

Place a Double Chance Wager

You can now start scanning double chance betting markets and decide whether you will place a single bet or a parlay wager. Click on the double chance odds to select a match and add it to your bet slip. Lastly, enter your bet stake and hope you have picked a winner.

Double Chance Betting Strategy and Tips

As most experienced bettors know, a good betting strategy can make it more likely for your double chance wagers to be successful. Let's look at three sure double chance tips.

Bet X2 when the Away Team is a Slight Favourite

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Home Team Advantage is Real

The thing about double chance betting is not to bet on odds that are too low. A good idea is to find a team which is a slight favourite to win in the moneyline market. If that team is playing away from home that's even better as the odds will be even higher. So, back the away team to win or draw (X2). If it wins, you win too. If the final score is a draw, you are once again a winner.

Conclusion

If you are a risk-averse bettor, double chance wagers might be exactly what you are looking for, as they allow you to have two out of three outcomes covered. Sure, double chance bets come with lower odds, but that is a small price to pay to stay in the game longer and have more winning bets.

At Betpack, we help you find the best online sportsbooks for double chance betting in New Zealand. Out top-rated bookies don't only have the best odds and bonuses, they also work with a wide range of payment methods, offer round-the-clock support and always put the bettor first.

Frequently Asked Questions

How Does Double-Chance Betting Work?

In a double chance bet, you wager on two outcomes of the possible three. So, with one bet, you cover either one of the following double chance markets: Home Team Wins or Draw, Away Team Wins or Draw, and Home or Away Team Winning.

How is Double Chance Different From the Draw no Bet market?

Unlike double chance bets, where you get the same odds and winnings if your team wins or draws, in the Draw no Bet market, if the outcome is a draw, your bet stake is returned, hence the name "draw no bet". That means you are still in the game, but the odds for that selection are counted as 1.00.

What Are the Best Sportsbooks for Double Chance Betting in New Zealand?

If you are looking for the best betting sites for the double chance market in NZ, consider two things. First, find trustworthy sportsbooks with a fantastic range of sports and matches. Then compare their double chance betting odds. Only join bookies that have competitive double chance odds.

How to Win Double Chance Bet?

Analyse team forms, choose your double chances (home/tie, away/draw, both win) based on strengths and the possibility of a draw, then bet smart and collect the winnings!