Double Chance Betting Strategy at Non GamStop Bookmakers

The Premier League alone offers a whopping 308 matches each season. That's nine top-flight fixtures every weekend over a total of 34 matchdays, followed by two highly dramatic relegation matches. Considering that even the smaller online bookmakers offer more than 100 betting options, while the industry giants offer around 200 markets per match - not to mention the growing popularity of new big bass slots not on GamStop among casual players - that amounts to around 60,000 different (!) bets that can be placed in a single Premier League season.

The classic 3-way system, in which bets are placed on a win, a draw, or a loss, represents only a very marginal share. While it's prominently promoted by every sportsbook and is certainly the most popular bet type, it ultimately accounts for less than 1% of all possible bets. Needless to say, the greatest possible profit can usually be found elsewhere.

However, finding alternatives to the classic 3-way system requires a considerable amount of knowledge about the basic functioning of other markets, some of which require more or less explanation. This makes it all the more important to acquire sufficient background knowledge about the specific advantages and disadvantages of the underlying strategies, even in seemingly straightforward markets. Because only those punters who are fully up-to-date on all markets will ultimately be able to maximize their bets.

This is precisely why, week after week, we delve into the intricacies of the various betting markets in our Premier League betting guides. Today's focus: Double Chance betting. This comprehensive Premier League betting guide will tell you what this market is all about, how exactly it works, where it can be optimally used in Premier League betting, and what the underlying double chance betting strategy actually looks like. For those interested in exploring additional gaming options, you can also visit betmac casino site for a wide range of casino games and exclusive offers.

Double Chance Betting Explanation: How This Market Works at Non GamStop Bookmakers?
Basically, double chance does exactly what its name suggests: It gives you a double chance to win when betting. Specifically, this refers to the classic 3-way system, where you don't commit to one of the three options with a double chance bet, but rather, you can bet on two outcomes at once.
Specifically, this means that even with double chance, there are three betting options. These are:

• Double Chance 1X – Tip 1 and Tip X win; Tip 2 loses
• Double Chance X2 – Tip X and Tip 2 win; Tip 1 loses
• Double Chance 12 – Tip 1 and Tip 2 win; Tip X loses

Although we have three markets in this case, it's not as if a basic 33% chance applies to all markets. Rather, the highlight of the double chance betting strategy is that the probability increases to a whopping 66.67%. This assumes, of course, that all three possible outcomes have exactly the same probability of occurrence, which is very rarely the case, especially in the Premier League. Even if two teams are on equal footing, it must still be stated that a draw can only be given a probability of over 30% in extreme situations. Statistically speaking – and with 55 completed Premier League seasons, this statistic shows an exceptionally high number of cases – only one in four games in the upper echelons of British football ends in a draw. That's around 25% of all games.
In any case, it should be noted that in most cases a draw should be given a probability of 20 to a maximum of 30%, which means that two teams on equal terms would have approximately the following distribution of chances:
Tip 1: 37.5%
Tip X: 25%
Tip 2: 37.5%

So, you should now know that a double chance always offers you the summation of two probabilities. For example, if you conclude that Tip 1 has a 65% probability of occurrence, Tip X has the generally accepted 25%, and thus Tip 2 – the away win – has only a 10% chance, a double chance 1X would have a total probability of occurrence of a whopping 90%.

This also explains in the next step why double chance bets have correspondingly low betting odds. Especially when the favorite is included, as in this example, the total odds for 1X are unlikely to be above 1.10. Perhaps you can find a bookie who will offer you 1.14 or 1.16. However, you are unlikely to get much more than that with such a high probability of occurrence. Even a draw, which would be a bit of a surprise with a clear favorite spread, could not ruin your bet. In this scenario, all you would need is an away win for the underdog. Incidentally, you should be able to calculate mathematically whether a 90% probability of occurrence at the advertised odds is sufficient to create a bet with a positive expected value.