Double Bet Calculator
Bookmaker Signup Promo Codes

Use Bet365 promo code NEXT365 when joining bet365.com
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. The bonus code NEXT365 can be used during registration but does not change the offer amount in any way.

Use Unibet promo code when joining unibet.com
18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first sport bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Full T&Cs apply.

Use Matchbook promo code when joining matchbook.com
18+ begambleaware.org. Sign-up to Matchbook today with bonus code: MB20. Place your first bet at odds of 1.8 or more. If it loses, we will refund your stake as a single free bet up to £20. Free Bet Refunds and Free Spins will be applied within 72 hours of the qualifying bet being settled. Multiple bets (Double, Treble, Lucky 15 etc.) are excluded from this offer. Full T&Cs apply.
What is a Double Bet?
A double bet is a type of multiple bet that combines two selections from different events into a single wager. For a double bet to be successful, both predictions must be correct. If either selection loses, the entire bet is lost. Double bets are popular among bettors looking for higher potential returns compared to single bets, while still maintaining a manageable level of risk.
Double bet formation: 1 bet on 2 selections
How Double Bets Work
To place a double bet, a bettor chooses two separate events and predicts the outcome for each. The odds for both selections are then multiplied together, resulting in the combined odds for the double bet. The stake is then multiplied by the combined odds to calculate the potential winnings.
For example, let’s assume a bettor wants to place a double bet on two football matches with the following odds:
- Match A: Team 1 to win at odds of 2.00
- Match B: Team 2 to win at odds of 3.00
The combined odds for this double bet would be 2.00 x 3.00 = 6.00. If the bettor places a $10 stake, the potential payout would be $10 x 6.00 = $60, which includes a $50 profit and the initial $10 stake.
Advantages of Double Bets
- Higher Potential Returns: Double bets offer increased potential payouts compared to single bets due to the multiplication of odds.
- Manageable Risk: While riskier than single bets, double bets are less complex and involve lower risk compared to larger accumulators, which require more correct predictions.
- Increased Excitement: Combining two events adds an extra layer of excitement, as bettors must closely follow the outcomes of both selections.
Tips for Placing Double Bets
- Research: Conduct thorough research on both events to make informed predictions. This includes analyzing team and player form, head-to-head statistics, and other relevant factors.
- Choose Compatible Events: Select events with compatible timeframes, allowing you to track both outcomes simultaneously or in quick succession.
- Manage Your Bankroll: Allocate a budget for sports betting and stick to it. Double bets involve higher risk than single bets, so adjust your stake accordingly.
Conclusion
Double bets offer a thrilling betting experience with the potential for increased returns compared to single bets. By conducting comprehensive research, selecting compatible events, and managing your bankroll responsibly, you can enhance your chances of success and fully enjoy the excitement that double bets have to offer.