What Is A Double Bet In Horse Racing? (Question)

The double bet is one of the most simple forms of a multiple that a punter can place and it is made up of two outright/single bets with the odds combined together into one. It is a popular way of betting for many across the world. To win a double bet, both selections must be successful.

  • What is a daily double bet in horse racing A daily double in horse racing is where you bet on the winners of two specified races from the same track, usually on the same day. Traditionally, these are consecutive races. Often the first two events on the card or the final two, also known as a late daily double bet.

How does a double bet work in horse racing?

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.

How do you play a double in horse racing?

You win if you correctly select the winners of two consecutive races.

Whats a double in racing?

A Double is the simplest form of Multi bet (or Accumulator/Parlay) a punter can take. It involves the punter placing a single bet on two different selections, with the initial stake being placed on the first selection, and then, if successful, the returns are rolled into the subsequent selection.

How do you win a double bet?

To win a double bet, both selections must be successful. However, if one or both of the selections are unsuccessful, you will lose the bet.

How does a running double pay?

A Daily Double/Running Double requires you to pick the winning runner of two of the nominated double races on the race card. Doubles pay the nominated tote dividend.

How much does daily double cost?

9 in the first leg (fourth race) and horse No. 2 in the second leg (fifth race). The cost of a running daily double bet is $2, and your ticket should look like this: $2 Running Daily Double (9-2).

How do I choose my daily double?

To win a Daily Double, you have to pick two winning horses, usually consecutively on a given program. That might sound easy in theory, but winning a Daily Double takes some skill and, sometimes, a little bit of luck. You have to know how to handicap the races and come out with the horse that will win the race.

How do you do a daily double?

The Daily Double is a randomly chosen clue on the board that has no assigned value. Instead, the player can wager any part of their score before the clue is read. If they are right, they add the wager to their score. If not, they lose that amount.

Which number wins the most in horse racing?

Winning TAB numbers: TAB number 1 is the most dominant number in trifectas, appearing in 40 per cent of all trifectas. TAB number two is next with 35 per cent, number three with 33 per cent, number four with 31 per cent.

What post position wins the most in horse racing?

Post Position 1 1 has produced the winner most times since 1900 with 12. Only one horse, Ferdinand in 1986, has won the race from the first post position since 1964.

How do you win big in horse racing?

8 Easiest Ways Of Winning Big When Betting On Horses This 2021

  1. Understand That There Are No Certainties. Horse race betting in nature doesn’t have certainties.
  2. Keep a Betting Record.
  3. Avoid Getting Too Emotional.
  4. Lay On “Sure Bets”
  5. Look For The Favorite.
  6. Form a Versatile Strategy.
  7. Takeaway.

What is a treble bet?

A treble bet is where you make three single outright selections, often known as legs, which are combined into one multiple bet. The treble bet needs all three of the separate selections to be successful for your bet to win. If one of the three selections is unsuccessful, then the entire treble bet loses.

What is a Yankee bet?

A Yankee consists of 11 bets of equal value on selections in four separate events: six doubles, four trebles and one four-fold. It’s most often used in horse racing betting.

What is a Daily Double Bet in Horse Racing?

In terms of horse ownership, everyone has a strategy for how many horses they want to raise and how they want to provide for their horses’ nutritional requirements. A larger plot of land will yield the finest results. In addition to providing ample grazing space for the horses, this will allow you to construct adequate facilities to keep them happy.

What is a Daily Double bet in horse racing?

If you properly predict the winners of two consecutive races, you will win the game. A Daily Double bet is not simple to strike, but it may be quite profitable if you do!

What is the minimum stake on a Daily Double bet?

In most cases, a Daily Double bet requires a minimum wager of $2. Some tracks, like as Keeneland, offer a minimum bet of $.50, and online Daily Double bets have the same minimum investment as wagering on Daily Doubles at the race track.

How much can I win on a Daily Double bet?

Horse racing winnings on a daily double bet are limitless and are decided by the pari-mutuel system, in which all winning tickets share a pool of money collected from all bets (less the money the track takes as commission). Take, for example, a $2 minimum wager on two consecutive races at Saratoga on the day of the Woodward. You would have won if you accurately predicted the winners of both races. Shaman Ghost is most known as the victor of the Santa Anita Handicap and the runner-up in the Pegasus World Cup, among other accomplishments.

Can I pick more than one horse to win in a Daily Double bet?

Yes! It will raise the cost of the ticket, but you may choose as many horses as you like in a single “leg” (race): you can even select ALL and take the whole field.

Learn more with our other betting resources below:

Return to the question of what is a multiple bet. Continue to what is known as a triple bet.

What is a double bet?

“Double” bets are those in which you successfully select two winning selections over two distinct races on the same wager and stake. In this situation, you must have both picks win in order to get a return. A double bet is the simplest and most straightforward multiple bet that is currently accessible. As the name implies, it is just a combination of two individual selections combined into a single wager. Because they made two winning picks, the bettor wins the wager and receives a larger payoff than if they had just placed two separate single bets on the same outcome.

A little more understanding about the sport and the participants on whom the bet is being placed is required, but not so much that the bet becomes prohibitively complex to place and the bettor runs the danger of losing his or her initial investment.

This type of bet includes more than one selection, such as a Lucky 15, which is a total of 15 selections combined into one wager.

The larger the risk associated with a multiple bet, the more bets are added to it. Those contemplating placing a multiple-bet should make certain they are comfortable with the selections they are making.

Double bets

Double bets are made accessible by bookmakers such as Paddy Power and Betfair on a variety of sports, including football, horse racing, and greyhound racing, amongst other things. Bettor just picks two players and backs them to win, with the odds growing on those that would have been offered if bettor had placed two single bets on their respective outcomes alone. Due to the fact that double bets on the winner of the event are put, they must be placed on distinct events. To illustrate this, a bettor could not put a double bet on a horse to finish first and another horse to finish second in the same race since that would be considered a forecast bet.

  1. A major reason why double bets are so popular is because they reward bettors with better returns than numerous single bets.
  2. The first is that the money obtained from the first bet is used to place a wager on the second bet, which is the most common.
  3. The second method involves adding a point to each of the two odds and multiplying the results to get fresh odds for the two options in question.
  4. After then, returns would be computed using this number, which would be dependent on the stake that the bettor had initially placed.
  5. They think that Everton will defeat Newcastle at odds of 5/1 and that Watford will beat Fulham at odds of 6/1 in their respective matches.
  6. In order to better comprehend the distinctions between singles and doubles, it is useful to compare these gains with those that would be earned on two isolated single wagers.
  7. The similar bet on the Watford game would reward a total of £14 if it were won.
  8. If Everton beats Newcastle and Watford loses to or draws with Fulham, the entire wager would be a loss for both parties.

If you make two guesses and both of them come true, you will win if you make both forecasts and both happen as predicted by the bettor. There is no space for mistake in this situation.

Bets similar to a double bet

Double bets are made accessible by bookmakers such as Paddy Power and Betfair on a variety of sports, including football, horse racing, and greyhound racing, amongst others. Bettor just picks two players and backs them to win, with the odds growing on those that would have been offered if bettor had placed two single bets on their respective outcomes separately. Given that double bets on the winner of an event must be put on two separate events, they must be placed on two different events. To illustrate this, a bettor could not put a double bet on a horse to finish first and another horse to finish second in the same race since this would be considered a forecast bet.

  • A major reason why double bets are so popular is because they reward bettors with better returns than numerous single bets.
  • There are two possible outcomes.
  • To put it another way, if the first bet yielded £30, the stake on the second bet would be £30 as a result.
  • Using the above example, if the odds were 8-1 and 9-1, placing a double bet would boost them to 9-1 and 10/1, yielding 89/1 double bet odds (90 divided by 10) and 89+1=90 double bet odds.
  • In the actual world, a bettor could choose to put a double wager on the outcome of the matches between Newcastle and Everton, as well as Watford and Fulham, to illustrate the concept.
  • A stake of £2 and both outcomes were achieved would result in a profit of £84; this is an increase of £82 over the initial £2 stake.
  • £2 on the Everton against Newcastle game would result in a return of £12 on the bet.
  • In this case, the total profits would be just £26, a substantial decrease from the £84 earned on the double wager.
  • Similarly, if the outcomes were reversed, with Watford beating Fulham and Everton losing to or drawing with Newcastle, the bet would be void as well.

If you make two predictions and both of them come true, you will win if you make both forecasts correctly. In this situation, there is no margin for mistake.

Double Bet – Examples, Strategy, Pros, Cons & FAQ

A double bet is the most straightforward of all the many types of bets. A double bet, as the name implies, consists of two selections and can result in a substantial amount of profit if both picks win. Sports betting beginners tend to choose double bets over other types of wagers such as triples, accumulators, and parlays since they are much more straightforward to win than the other types of wagers. Throughout this article, we will explain exactly what a double bet is and whether or not it is worthwhile to place one.

Double Bets Explained

Due to the fact that it only contains two options, a double bet is the most straightforward form of a multiple bet. It is necessary for these selections to be independent of one another, which means that one of these outcomes can occur while the other does not. If one or both of your picks do not turn out to be successful, you will not be able to collect your winnings.

Each-Way Double Bets

Whenever you put a bet on the outright winner of a sporting event, you may also place an additional wager on your pick finishing in the first few spots, known as an each-way bet. An each-way double bet indicates that you will place one double on the outright winner and one double on each of the other three possible outcomes of the race. If you put a $5 bet, your stake will be doubled to $10 in order to cover both bets on the same outcome. Taking this particular race as an example, if your horse finishes in the top three spots, the bet pays off.

Obviously, if both horses win, you will be the winner of both bets.

Double Bets: Examples

Understanding how a double bet works is actually not that difficult to comprehend. It would be necessary for both of your picks to be right in order to achieve a winning return. You would lose your wager if either one or both of your picks failed to deliver on their promises. As a starting point for the scenarios that follow, we will assume that a $10 bet has been placed.

Winning Double Bet Example

Liverpool and Fulham are both favorites to win their respective games, and we have placed a bet on both teams to win. Fulham is given odds of 3/1 to win their game, while Liverpool is given odds of 1/2 to win their game. They both win their respective games, resulting in a profitable wager for you.

Team To Win Odds Outcome
Liverpool 1/2 Won
Fulham 3/1 Won
Double (both teams to win) 5/1 Won

An example of a successful double wager. In this case, we would receive a return of $60, which would allow us to profit by $50 on our initial $10 investment. A single wager of $10, on the other hand, would result in a profit of $35.

Losing Double Bet Example

This double bet includes the same bet on Liverpool to win as the previous bet, but we have also included a pick on Tottenham to win their game as our second option. Due to the fact that Tottenham does not win their game, we will end up with a lost bet on the outcome of it.

Team To Win Odds Outcome
Liverpool 1/2 Won
Tottenham 2/1 Lost
Double (both teams to win) 3.5/1 Lost

An example of a double bet that was a loser.

Despite the fact that Liverpool won, proving our first selection right, the fact that our other option failed to deliver implies that our bet was ultimately a failure.

How To Calculate Odds For a Double Bet

The odds of a double bet are calculated as the sum of the odds of both single picks. Example: If you choose Manchester United at 1.75 and Barcelona at 2.1, the double odds will be ‘1.75 times Barcelona equals 3.67’. The double payoff for a $10 bet will be $36.70, resulting in a profit of $26.70 on the bet. Using an online bookmaker eliminates the need to manually calculate the odds when placing a bet over the internet. This is due to the fact that you will be able to view what you would receive prior to putting your wager.

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Doubles are made up of two selections and entail the making of a single wager; if one of your selections is successful, the money won will be transferred to the second option.

How Does Double Betting Work

When compared to other sports, double bets perform better in some situations than others. This is because some results are easier to anticipate and are less dependant on external circumstances. Using doubles to wager on football matches and horse races, for example, will result in two very distinct problems.

Double Bets In Football

Double bets in football, as well as accumulators in general, are extremely popular in the world of football betting. Many punters use their knowledge of the game to predict the outcomes of multiple games in order to see a potentially large return on their investment, which can be extremely profitable. When it comes to football, there are several markets on which you may put bets, including both teams to score, over/under markets, and the correct score. Utilizing these marketplaces, you may opt to concentrate in a certain sector with the goal of developing a lucrative long-term plan for doing so.

Double Bets In Horse Racing

In horse racing, placing two bets on the same horse may be quite beneficial. A significant part of this is due to the fact that it may be quite difficult to come across a race in which a horse is perceived to be the overwhelming favorite. As a result, the odds you choose on both races are likely to be high enough that if your double bet is successful, you will receive a very large return on your investment. The most significant disadvantage of utilizing accumulators on horse racing events is that predicting the winner of a single horse race is already tough enough, and if one of your picks is accurate, you will not be paid for it if the other selections fail to perform as well as they should.

Double Bets In Greyhound Racing

In horse racing, placing two bets on the same horse may be quite lucrative. A significant part of this is due to the fact that it may be quite difficult to find a race in which a horse is believed to be the overwhelming favorite. Therefore, if your double wager is successful, the odds you choose on both races are likely to be high enough that you will receive a very lucrative return. It is important to note that utilizing accumulators on horse racing events has several disadvantages. For starters, predicting the winner of a single race is challenging enough, and if one of your picks is accurate, you will not be compensated for it if the other selections fail to deliver.

As a result, while putting bets on horse races, you must choose if placing doubles or singles is the best plan for you.

Double Bets In Tennis

When it comes to tennis, placing double bets may be an excellent way to put your understanding of the sport to good use. It is less probable than in other sports to be influenced by outside influences when predicting who will win the match, and you may utilize statistics in conjunction with your own gut to make good selections in tennis. When betting on big tournaments, for example, the odds for the favorites might be quite low, making single bets unattractive. Using a double bet, on the other hand, is one method of attempting to boost your rewards while reducing your risk to a minimum.

ProsCons Of a Double

Some of the advantages and disadvantages of putting double bets are listed below. The following are the advantages of placing a double wager:

  • Your winnings from your wager would be more than those gained from a single wager
  • If your wager is successful When betting on strong favorites, it’s a solid strategy to increase your odds of winning. With this bet, just two events must occur in order for you to have a successful bet
  • This is in contrast to other accumulator bets.

The following are the disadvantages of placing a double wager:

  • If one of your choices fails to meet your expectations, you will not receive a refund. If you’re going to employ accumulators, it could be a good idea to include a few additional selections on your betting slip. The likelihood of making regular profits when placing single bets is higher.

The Advantages and Disadvantages of Betting on Double Bets

Double Bets vs Single Bets

Gambling on Double Bets Has Both Positive and Negative Aspects

Double Bets: FAQ

Answers to some of the most frequently asked questions concerning double bets.

What is a double bet in sports betting?

A double bet is a form of wager that consists of two different options to gamble on. In order for a double bet to be successful, both of the picks must be successful as well.

What is a double chance bet?

Despite its name, a double chance bet is nothing like a traditional double bet. A double chance bet is a wager in which you can place bets on the occurrence of two different outcomes in the same event. For example, a football team’s ability to win or draw a game is important. In order to account for the increased likelihood of winning your wager, the odds for this option will be significantly decreased.

What does betting doubles mean?

Betting doubles refers to a wager that is placed on two different outcomes. Essentially, a double bet is an accumulator bet in which both picks must be successful in order for the wager to be successful.

Are double bets more profitable than singles?

When you place a double bet, you will receive a larger payoff than you would if you placed a single bet. Profitability, on the other hand, should take into account what is more successful in the long term. As a result, you would be better off winning a large number of single bets rather than a small number of double bets.

Why should you place double bets?

If you place a double bet and win, you will receive a larger payoff than if you placed a single bet and lost. What is more profitable in the long term, on the other hand, should be considered. To put it another way, you would be better off winning a large number of single bets rather than a small number of multiple bets.

What sports is double betting best?

Football and tennis are both excellent sports in which to employ doubles. Several of these sports are among the simplest to forecast, as seen by the odds associated with some of the picks. As a result, while wagering on these sports, it is feasible to apply an effective plan to maximize profits. When it comes to increasing your earnings, placing two bets may be really beneficial. Due to the fact that doubles only need the selection of two teams, we feel that it is still feasible to employ some form of strategy while placing a bet on this type of wagering.

After reading this tutorial, you should have a better understanding of whether or not double bets are a good fit for your betting style.

What is a Double? Doubles betting explained

A Double is the most basic type of Multi-bet (also known as an Accumulator/Parlay) that a punter may place. Essentially, the punter places a single wager on two distinct selections, with the initial investment being made on the first option and the returns from that selection being rolled into the second selection if the first pick is successful. It is possible to place doubles on both racing and sporting events, or on a combination of the two (this varies depending on the operator).

What is a Daily Double?

It is a pool-based bet that entails placing a wager on two specified races on a particular race card; normally, this will involve the third-last race and the last race. The marquee race of a given meeting will also be included in the majority of cases. When playing Daily Doubles, you can choose to take them straight out (i.e., one selection in each leg) or as a Several Daily Double, which involves multiple selections in either or both legs. The expenses will certainly rise with each subsequent selection (see below for more information on how much a Double costs).

What is a Running Double?

Similarly to a Straight Up wager, a Running Double is a pool-based gamble in which the winnings are spread across consecutive races at a particular meeting. It is possible to place fixed-price running doubles as well, but these are regarded as two-leg multis and are not linked to the pool-based dividend announced in legitimate Running Doubles. It is also possible to take Running Doubles as a straight out bet or as a Several Running Double bet comprising multiple selections in either or both legs.

How much does a Double cost?

This will depend on whether you are playing a straight Double, which requires just two picks, or a Several Double, which allows you to make multiple options in either (or both) legs of the game. Unlike the former, which will cost $1 per complete unit (100 percent dividend), the latter will vary depending on the amount of options you choose. One horse in the first leg will cost you $2 per unit (100 percent), and two horses in the second will cost you $2 per unit (100 percent), 1 x 2 = 2. For example, if you had two horses in the first leg and three horses in the second, it would cost you $6 per unit: 2 x 3 = 6 dollars.

The cost of any Double will ultimately be determined by how much it costs per unit and how many units (full dividends) you accept as a punter in exchange for your money.

How much will a Double payout?

Once again, your payment will be determined by two factors: the proportion of the whole dividend you have taken (i.e. 50 percent or 2000 percent); and whether or not you have taken a fixed price double or gambled on a pool-based double such as a Daily Double or Running Double. The return on your Fixed Price Double bet is known at the moment of placing your bet because these prices are fixed (subject to possible deductions applied due to scratching) Those for the latter are decided by tote-based payouts, which are ultimately determined by the size of the betting pool and the spread of money inside it.

Alternatively known as a Daily Double or Running Double, these are pool-based Doubles in which the dividend will not be known until after the betting has ended.

Horse Racing Wagering – Types of Wagers

There are many different wager types offered by horse racing tracks. Below we will define the most common wager types offered. Straight BetsWin:The simplest bet you can make on a horse race. A Win bet is an attempt to predict the horse that will win the race. If the horse wins, you will collect on your bet. The odds listed for the horses on the toteboard are the Win odds for each horse. For example, if a horse shows ‘5’ on the toteboard, if you bet him to Win for $2, you will get back $12 (5 times $2 plus your original $2 bet). This $2 payoff of $12 would also be shown on the result payoffs under the Win column (1st column) for the horse when the race is official.Place:Similar to the Win bet, a Place bet on a horse is a bet that the horse will finish in first or second. If the horse does finish in one of the top two spots, you will collect the amount shown in the Place column (2nd column) for that horse on the result payoffs for each $2 you have bet. If you make a Place bet, note that it does not matter if the horse wins or comes in second, you will win the same amount. This bet has less risk than a Win bet, but also a smaller reward. If you are confident the horse will win the race, you will receive a larger return betting the horse to Win.Show:Another variety of a straight bet, the Show bet is used when you want to bet that a horse will finish in the top 3 positions in the race. For every $2 bet on the horse to Show, you will collect the amount shown in the Show column (3rd column) for that horse on the results payoffs. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. This is the safest of the straight bets but also offers the smallest return. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet.


Combination Straight BetsAcross the Board (Win/Place/Show):This is a combination of the Win, Place, and Show wagers. If you bet a horse “across the board” you are effectively betting him to Win, Place, and Show. If the horse wins, you collect on all 3 bets. If the horse comes in 2nd, you collect the Place and Show payoffs. If the horse comes in 3rd, you collect on the Show bet only. Since this is actually 3 bets combined, a $2 bet “across the board” will cost $6.Win/Place, Place/Show:These are simply 2 bet combinations of Win/Place and Place/Show, respectively. For a $2 bet, they cost $4.


Exotic Bets: Single RaceExacta/Perfecta/Exactor:One of the simplest single-race exotic bets, the Exacta is the combination of predicting the winning horse and the second-place horse, in order. This will pay more than betting either of the horses to win or place. A $2 bet on an Exacta will pay out the amount shown for an Exacta bet on the wager payoffs after the race is official.Quinella:Similar to the Exacta, but this does not require the bettor to predict the order of the top two horses. Simply put, the bettor only has to pick the horses which will finish in the top two places, but does not have to predict which of those two will actually win the race. Since this is easier to predict than an Exacta, it also pays less than the Exacta (typically it pays about half of the Exacta payoff).Trifecta/Triactor:The Trifecta takes the Exacta a step further. It requires the bettor to pick the horses, in order, that finish in the top 3 positions in the race. It is significantly harder to predict than an Exacta, and accordingly will pay out much more for a winning bet. A $2 bet on a Trifecta will pay out the amount shown for the Trifecta on the wager payoffs after the race is official.Superfecta:The most difficult of the single-race exotics, the Superfecta, requires the bettor to predict the first four finishers, in order. Predicting a Superfecta is very difficult and will always require the bettor to take different combinations of horses so that there are more chances of winning. The payoff for a Superfecta is generally very high, and is typically shown on the wager payoffs based on a $1 bet.


Exotic Bets: Multiple RacesDouble:A Double is the simplest type of wager that spans multiple races. It requires the bettor to pick the winner in two consecutive races. Most tracks usually offer an Early Double (Races 12) and a Late Double (last two races on the card). There are also tracks that offer Double’s in the middle of a card. If there is a Double available to be bet on, there will be a note of it on the first race (or leg) of the Double wager. The $2 payoff for a Double will be shown on the results for the second leg of the wager.Pick 3/Pick 4/Pick 6 (Classix):These bets are all similar to the Double wager, only differing in the amount of consecutive races that a bettor needs to predict the winner. The larger the number, the harder it is to pick, as well as the greater the payoff. For these bets, it is recommended to take several combinations of horses in each race to increase your chances of winning (although this also increases the cost). Many race tracks have at least one or two available Pick 3’s and/or Pick 4’s on a card. Some tracks also offer one Pick 6 per card. If there is available Pick 3/4/6 to bet on, there will be a note of it on the first race (or leg) of the wager. The payoff for one of these bets will be shown on the results for the last leg of the wager. For Pick 3s and Pick 4s, if nobody has the required number of races correct, they will typically pay out for people who missed one less race. For example, if nobody predicted a Pick 4 correctly, people who had 3 of 4 correct will get paid. In addition, the payoff results would indicate a payoff for “Pick 4 (3 of 4 correct)”. For a Pick 6, typically the track will also give a small payoff to bettors who had 5 of 6 correct. However, if nobody had all 6 correct, the majority of the Pick 6 pool will be carried over to the next racing day, making the subsequent Pick 6 pool even larger.Place Pick All:This bet is similar to a Pick-x bet, except that you need a horse to place (come in 1st or 2nd) in each race, instead of to win.With a Place Pick All bet, you must pick a place horse in EVERY race on the card (usually 8 or 9 races).

What is a Double Bet?

Once again, your payment will be determined by two factors: the proportion of the overall dividend you have taken (for example, 50 percent or 2000 percent); and whether or not you have taken a fixed price double or gambled on a pool-based double such as a Daily Double or Running Double. Since the rates for these bets are predetermined, you will know what your return will be when you place your bet and confirm it (subject to possible deductions applied due to scratching) Those for the latter are decided by tote-based dividends, which are ultimately determined by the size of the betting pool and the distribution of money within it.

Daily Double or Running Double: These are pool-based Doubles in which the dividend will not be known until after the closure of betting on the first day of the month.

Examples

Once you’ve become comfortable with the examples, you may use the double calculator to swiftly calculate your winnings. Additionally, the accumulator calculatorcan be used to experiment with more than two options at a time. The football scores in the table below are used to show winning and losing example bets in the following sports:

Home Team Score Away Team
Sunderland 3 – 1 Fulham
QPR 4 – 2 Chelsea

Winning

Based on a unit wager of £5 in each of the following outcomes: Sunderland to win at odds of 2/1 and QPR to win at odds of 3/1, the winnings would be distributed as follows:

  • In this example, returns are £5 * (2/1 + 1) * (3/1 + 1) =£60, and profit is £55 (returns minus stake).

Losing

According to the following scenario, if you bet £5 on Sunderland winning at odds of 2/1 and Chelsea winning at odds of 4/1, your returns would be as follows:

  • Reading to win has been declared a loser. As a result, this bet returns £0
  • Profit/Loss = Returns – Stake =-£5
  • As a result, this bet returns £0

The most recent update was made on August 6, 2019.

Bookmaker Codes and Joining Bonuses

  • The minimum deposit is £5, the expiration date is 30 days, and the minimum odds are 1/5 (1.20).

There is a minimum deposit needed. Free Bets are awarded in the form of Bet Credits, which are available for use after the bets have been settled to the value of the qualifying deposit. Exclusions apply, including minimum odds, bet size, and payment method. Returns do not include any Bet Credits staked. There are time constraints and terms and conditions that apply. Requirement for a minimum deposit Free Bets are handed out in the form of Bet Credits, which are then accessible for use after the bets are settled to the value of the qualifying deposit has been met in full.

Bet Credits are not included in the returns.

Only new clients from the United Kingdom are eligible.

The first wager must be placed on sports.

An additional £20 in Free Bets will be given 5 days following the settlement. Bonuses are only valid for seven days. Payment limitations are in effect. It is possible that SMS verification and/or proof of identification and residence may be requested. The standard terms and conditions apply.

Only new customers from the UK and Ireland who are 18 or older. Certain deposit methods and bet kinds are exempt from this restriction. The first £5 wager placed within 14 days of account registration at the minimum odds of 1/2 will result in 4×5 free bets. Free bets are available for seven days and the stake is not refunded. There are no cashouts, and there are limits and terms and conditions. More Bonus Codes will be added.

Also See

Calculator for double bets- Use this calculator to figure out your double wins. Providing support for each-way bets, parlays, non-runners, and dead heats. What exactly is a triple wager? – A rollover wager consisting of three picks. The article provides a full explanation by utilizing football examples to explain both winning and losing scenarios in a competitive environment. In what way does an accumulator bet work? It’s a rollover bet with no restriction on the amount of selections you may make.

All gamblers should be aware of the implications of this bet, which is the bread and butter of punting.

How to Bet Daily Doubles and Rolling Daily Doubles

In its early stages, the daily double was used by tracks to lure larger audiences to the first two races of the day while also keeping fans in attendance for the last two races of the day. The wager is currently available at the majority of racetracks in the form of “rolling daily doubles,” and it can be placed on any consecutive race sequence. The goal is straightforward: to determine the winners of two consecutive races. The wager appeals to gamblers who favor multirace gambling as well as those who believe it is easier complicated to handicap winners than it is to determine which runner will finish second or third in a race.

Daily Double Basics

Picking a single winner may be difficult enough without having to deal with the extra stress of selecting back-to-back winners as well. Therefore, the “straight double” would normally be an intimidating assignment for even the most experienced handicapper, even if the odds were in his favor. In order to place such a wager, a player would need to choose only one horse in the fifth race, followed by another single horse in the sixth event. Despite the fact that this wager may be placed for a flat minimum investment of only $2, a player would be unlikely to feel confidence in cashing the ticket unless both runners were considered big favorites.

Let’s take a closer look at how to design a daily double wheel that is successful.

Betting the Daily Double as a Wheel

Most of the time, a handicapper can pick a standout runner from within the pack in a single race with confidence. Such runners, on the other hand, are frequently forced to compete against unattractive odds. It is preferable to create value with the standout horse within the framework of an exotic wager such as the daily double, rather than discarding the horse based on low returns or sitting out the race, which is something that many bettors are inclined to do. In fact, the double is an excellent betting option in this sort of situation.

In the upcoming event, race 9, just three runners out of a ten-horse field (numbers 3, 7 and 9) appear to have a rational chance of winning, according to the oddsmakers.

In this case, a $2 daily double wheel 6 with the numbers 3, 7, and 9 would cost $6.

Bet the Daily Double Online!

REMINDER: You must be of legal gambling age in your state or province in order to legally gamble on thoroughbred or harness horse races. Please use caution when placing your bets.

What is a Double Bet? [How To Place a Bet & Win]

A double bet is one in which a punter makes two unconnected picks and then combines them into a single wager. Multi-bets are the simplest type of wager available. A double wager, commonly known as a parlay or accumulator, is the most basic type of wager available. Other types of wagering to consider: The following betting options are available: all up wagers, duo wagers, each way wagers, exacta wagers, first four wagers, lay wagers, place wagers, quarrella wagers, quinella wagers, same race multi wagers, treble wagers, and win wagers.

How Does a Double Bet Work?

The punter chooses a horse in two distinct races while placing his or her double wager. In order for the wager to be successful, both selections (or ‘legs’) must win. If either leg fails to win, the bet is a loser.

How To Work Out a Double Bet Payout

A basic fixed-odds double – sometimes known as a multi – has chances that are just the odds of each individual bet multiplied by the number of bets placed on the game. Consider the following example: if your double consists of a horse that pays $3 and another that pays $4, the odds on your double are $12. The odds for Bet 1 times the odds for Bet 2 equals the odds for Double Odds. $3 x $4 = $12

How To Place a Double Bet

A basic fixed-odds double – sometimes known as a multi – has chances that are simply the odds of each individual wager multiplied together.

Consider the following example: if your double consists of one horse that pays $3 and another that pays $4, the odds on your double will be $12. The odds for Bet 1 times the odds for Bet 2 equals the odds for Bet 3.

What is a Daily Double in Horse Racing?

You must choose the winner of two distinct races in order to win a Daily Double, which is comparable to any other type of Double bet in principle. Nevertheless, because the Daily Double is a tote product, it makes use of a betting pool. As a result, you won’t find out about the dividend until after the race! It is decided which two races will be included in the Daily Double — they are usually the best or feature race of the day, as well as the final race on the program. To win the Daily Double, bettors must correctly predict the winner of both races.

How To Place a Daily Double Bet?

However, while TAB hosts the Daily Doubles pools in Australia, you may place a Daily Double wager with any online bookmaker, and they will pay you out with the same dividends as TAB does. Simply arrive at the meeting location of your choice, and the Daily Double option will not be difficult to locate. When you’re ready, input your picks and your wager, and you’re ready to go!

How Much is a Daily Double Bet?

If you want to play a basic Daily Double, where you choose one horse in each race, you may do so for $1 and get a 100% flexi percentage. It is possible to place further bets on the same wager and your flexi percentage will simply rise. Consider the following example: If you placed a $4 bet on the same outcome, your flexi percentage would be 400 percent, which would entitle you to receive 400 percent of the announced dividend. Additionally, you can enter more than one choices in either race if you so like.

In the case of three horses in the first leg and two in the second leg, you will have a total of six combinations available.

How Much Does a Daily Double Bet Payout?

Your Daily Double payout is just your flexi % multiplied by the declared dividend, which is the same as your weekly payout.

Daily Double Betting Tips

Keep an eye on the Racenethorse racing tipspage, which is updated on a regular basis, for the finest Daily Double predictions. Our knowledgeable staff can assist you in determining which horses to include in your Daily Double.

What is a Daily Double Flexi Bet?

Flexi betting allows you to place a larger or smaller bet on a certain wager and get a larger or smaller share of the winnings if you win. The 100 percent flexi dividend in our prior example with six possibilities would cost $6 in our current case. In the identical situation, if you placed a $12 wager, your flexi percentage would be 200 percent. In the example above, if you staked $3, your flexi percentage would be 50%. The dividend is multiplied by the flexi % to determine your dividend distribution.

What is a Running Double in Horse Racing?

In contrast to a Daily Double, a Running Double can be used on any two consecutive races at a race meeting. It is comparable to a Daily Double. On a nine-race meeting, for example, there will be eight Running Double pools, which are as follows: Race 1Race 2Race 2Race 3Race 3Race 4Race 4Race 5Race 5Race 6Race 6Race 7Race 8Race 9Race 10Race 11Race 12Race 13Race 14Race 15Race 16Race 17Race 18Race 19Race 20Race 21Race 22Race 23Race 23Race 24Race 25Race 26Race 27Race 28Race 29Race 30Race 29Race 30R

How Does a Running Double Bet Work?

A Running Double works in precisely the same way as a Daily Double – except that it may be used on any two consecutive races on the card rather than just the first two.

Double Bet FAQs

An each-way double is similar to an each-way bet in that it is essentially two bets in one: a win double and a place double. When playing the win double, you must have winners in both legs, whereas when playing the place double, you must have winners or placegetters in both legs.

What is a Double vs Exacta?

An exactarequires the punter to identify the winners of the first and second races in the same race, whilst a double requires the punter to select the winners of two distinct races.

What Is A Double Bet?️ – How To Calculate Your Double Bet Winnings

The term “Double Bet” refers to two separate selections that are combined into a single wager. When opposed to individual wagers, this sort of gamble provides superior value as a result of the combination of odds.

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An example of a Double Bet is the simplest straightforward multiple bet that has gained popularity among bettors throughout time. As the name implies, this accumulator bettype combines two different selections into a single wager. However, keep in mind that in order to be eligible for a payout, both of your picks must be unique from one another and must be successful. Don’t forget to check out our comprehensive guide to accumulator betting. The most major advantage of placing a Double Bet is that you will receive better odds than you would have received if you had placed individual bets on both of the selections.

Best Double Bet Betting Sites – Ranked

An example of a Double Bet is the simplest straightforward multiple bet that has gained popularity among punters over the years. A combination of two selections is combined in this accumulator bettype, as the name implies. However, keep in mind that in order to be eligible for a payout, both of your picks must be unique from one another and must be profitable. Take a look at our comprehensive accumulator betting guide. The most major advantage of placing a Double Bet is that you will receive better odds than you would have received if you had placed individual bets on both of the chosen outcomes.

What is a Double Bet?

In sports betting, a double bet is defined as when a bettor lays a wager on two different selections, on two different events, on the same bet slip. Doubles bets are perhaps the most straightforward accumulator available, and in order to receive a return on your investment, both of the picks must win. Nonetheless, it is critical to note that you will only be placing bets on the winner of the competition. You should keep in mind that both thewagers will have to be on two different events. Take, for instance, the football double betting market, where you may place a wager on Watford to defeat Fulham at odds of 3/1 and on Swansea to beat Blackburn at odds of 2/1.

Please keep in mind that you cannot place a wager on My Money Tree to win the race and As You Wish to come in second.

Here is your list of Premier League predictions for the season’s conclusion.

What is Each-way Double Betting?

Each-way betting (abbreviated as E/W) is most commonly found in horse racing and tennis. This wager is divided into two parts: a WIN wager and a PLACE wager. Whereas the former means that your pick will win the race, the PLACE component stipulates that the horse must finish in the top four or five positions in the event.

However, this will differ from one bookmaker to the next. Here’s all you’ve ever wanted to know about E/W betting in one convenient place.

How to place an E/W bet?

  • Create an entry for your option and decide how much money you’d want to put down on each outcome
  • Decide whether or not to place a WIN bet on your selection
  • After that, PLACE a wager on the same pick to finish anywhere in the top four or five positions

Choose your horse and decide how much you’d like to bet on each outcome of the race. Choose your option and place a WIN bet on it. After that, PLACE a wager on the same pick to finish anywhere inside the top four or five positions;

  • Choose your horse and decide how much you’d like to bet on it either way. Choose your option and place a WIN bet on it
  • Now, PLACE a wager on the same pick to finish anywhere in the top four or five

The wager will pay a good profit if your option finishes first, and both components of the wager will provide a handsome profit if your selection finishes second. If, on the other hand, the horse does not win but does finish in any of the stated positions, you will get your earnings from the PLACE component of the wager.

Understanding E/W bet with an example

It is your intention to put an Outright E/W bet on Al Boum Photo to finish first, second, or third in the Cheltenham Gold Cup.

  • Each-way stake = £10
  • Winning odds on Al Boum Photo = 6/1
  • E/W bet odds = (1/5 x 6/1) = 6/5
  • Winning odds on Al Boum Photo = 6/1
  • Winning odds on Al

In tennis, the E/W bet is often reserved for the first two positions, i.e. the first stand and the second finish.

How Does Double Bet Work?

As previously indicated, in order for you to be eligible for a payout, both of your picks must be victorious. The money that would have been refunded to you if Selection A had been victorious is carried forward to be used to gamble on Selection B if Selection A has been victorious. That is precisely why this wager has the potential to create larger rewards; nevertheless, you run the risk of losing both the bet and your deposit if the first option fails to win.

Double Bet in Horse Racing

Consider yourself a backer of Fresh One and Whiskey Factor to win two individual events at Will Rogers Downs in the near future. While you may not care for the isolated odds on them, Ladbrokes offers lengthier Double Bet odds of 9/2, which may be more appealing. Simply choose both options by clicking on them. You may also receive odds on a consolidated Double bet. In such scenario, all you have to do is click on it. After that, go to your bet slip and enter in the stake amount you just calculated.

Double Bet in Football

When it comes to football, the choices are virtually limitless. You can put a Double Bet on a number of different selections that you have made. Take, for example, Liverpool to defeat Chelsea at 2/1 and Manchester United to beat Arsenal at 5/2. Both of these teams have a good chance of winning. As an alternative, you may keep your initial decision and place a wager on Manchester United to draw with Arsenal. For aggregated Both Teams to Score (BTTS) statistics as well as the finest bookies that we recommend, please visit our website.

The odds for the Double Bet will be displayed in the ‘Multiples’ portion of the bet slip on the day of the event.

Double Bet in Tennis

Tennis betting doubles are quite similar to football betting doubles in that they are mostly based on head-to-head matches between two players. In the case of the French Open, you may put a Double Bet on Rafael Nadal to win the tournament and Dominic Thiem to win his first US Open title in Flushing Meadows. Typically, more than one tennis event is taking place at the same time.

Aside from that, you may always put a Double Bet on the Outright winner. Trivia: Wimbledon, which was established in 1877, is the Grand Slam with the longest history. Learn more about the finest tennis betting sites and what you can expect from them by visiting this page.

Understanding the Advantages of Double Bet

The most tangible advantage of placing a Double Bet is the possibility of a bigger pay-out as a result of the combined odds of the two bets. While single bets are less complicated and do not need the use of complex mathematics, the profits on single bets are unlikely to be as profitable as those on Double Bets. You can also expect to make money by putting your money behind two picks that are likely to be low-value bets. Let’s have a look at how: You could put £10 on Watford to win against Fulham at 3/1 and Swansea to defeat Blackburn at 2/1 and make a tidy profit of £40.25.

You would make a profit of £30 (£10 x 3/1) and your pay-out would be £40 (£10 initial deposit plus £30 additional stake).

Assuming Swansea wins: You will make a profit of £80 (£40 multiplied by 2/1), and your total pay-out will be £120 (£40 plus £80 combined).

If you place a bet at 11/1, you will receive odds of 11/1.

Comparing Double Bet to Single Bets

Consider how much money you would have gained if you had put two separate bets of £5 on the identical selections: If Watford wins, the following will happen:

  • If you make a profit of £15 (£5 multiplied by 3/1), your pay-out will be £20 (£15 plus £5).

If Swansea City wins, the following will happen:

  • Your profit is £10 (£5 x 2/1)
  • Your pay-out is £15 (£10 + £5)
  • And your net profit is £10.

£10 (£5 multiplied by 2/1); £15 (£10 plus £5); £10 profit = £10 profit = £10 profit = £10 profit = £10 profit

Double Bet FAQs

It is the most basic type of accumulator bet that bettors may utilize to increase their chances of winning. In this case, you are betting on the outcomes of two very different events. Your bet is successful if and only if both of your picks occur as anticipated. If you bet on Liverpool to beat Manchester City in Game 1, you may also bet on ‘More than 2.5 goals to be scored’ in Game 2, which will be played against Arsenal and Chelsea. The same goes for betting on Rafael Nadal to win the Roland Garros and Juan Martin del Potro to win the US Open, among other things.

What are the advantages of placing a Double Bet?

Because of the aggregate odds on your picks, you win a lot of money. You also have the option of backing two less-favored options if you so want.

Can I place this wager on multiple sorts?

Yes. This type of wager may be placed on practically all single sports betting markets, including football and basketball. You only have to back two distinct options, and it becomes incredibly customizable. Football, horse racing, and tennis are just a few of the more prominent markets that are suitable for Double Bet.

What is Each-way bet?

When you place an E/W wager, your stake is divided in half. The first element of the wager is geared at ensuring that your pick wins, while the second wager is placed on your selection finishing in any of the previously specified positions. If the pick is successful, both halves of the wager are profitable.

However, in the event that your selection does not finish first but does finish in any of the positions specified by the bookmaker, you will only be credited with wins if your pick finishes in any of the positions specified by the bookmaker.

ThePuntersPage Final Say

In all truth, a Double Bet is a little riskier than a single bet when compared to the other. That’s because you’ll need both of your choices to go your way in order to win the game in your favor. In the event that either pick does not show up as anticipated, you will lose the wager and receive nothing in return. That is one of the reasons why many people prefer to avoid placing double bets and instead place single bets in the goal of generating tiny but steady profits. However, if you are looking to take your betting game to the next level, a Double Bet may be the perfect addition to your betting armory.

And before you go out with all guns blazing, make sure you’re paying attention to thebookie reviews that warrant your attention.

In order to learn more, you can also read our in-depth examination of system betting.

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