The Double Chance market allows you to cover two out of three possible outcomes in a football match (e.g., Home Win + Draw). It is a low-risk strategy, but bookmakers often charge a premium for it.
This calculator takes the standard 1X2 odds and calculates what the Double Chance odds should be mathematically. If the bookie offers higher odds than this calculator, you have found a Value Bet.
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How to Use the Calculator
- Input 1X2 Odds: Enter the decimal odds for Home Win (1), Draw (X), and Away Win (2) from your bookmaker.
- Calculate: The tool computes the implied probability of combined outcomes:
- 1X: Home wins OR Draw.
- 12: Home wins OR Away wins (No Draw).
- X2: Draw OR Away wins.
- Compare: Look at the “Calculated Odds.” If your bookie offers 1.50 for 1X, but the calculator says fair odds are 1.45, the bookie is offering good value.
Example: Finding Value
Match: Arsenal vs. Chelsea.
- 1X2 Odds: Arsenal 2.50 | Draw 3.40 | Chelsea 2.80.
- Calculated 1X Odds: 1.44.
- Bookmaker Offer: 1.40.
In this case, the bookmaker is offering lower odds (1.40) than the mathematical fair price (1.44). This is a “bad bet” because you are paying a high margin for safety.
Frequently Asked Questions (FAQ)
Is Double Chance safer than 1X2?
Yes. By covering two outcomes, your probability of winning increases significantly (often to 66% or higher). However, the payout is much lower. It is ideal for accumulators or backing underdogs to avoid defeat.