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What is a Double Bet?
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Double Composition
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| Bet | Selections | Quantity |
|---|---|---|
| Doubles | All pairs | 1 |
Permutations
- Doubles: All possible pairs across your selections. (1 total)
Double Example
| Selection Name | Odds |
|---|---|
| Team A | 2/1 |
| Team B | 3/1 |
| Team C | 4/1 |
special.betTypes.double.howToCalculate Use the calculator below to see exact returns for each component bet and the total.
Examples
Football (decimal odds)
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Horse racing (fractional odds)
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Fractional odds explained
- Written as a/b (e.g., 5/2). This means you win a profit of a for every b you stake.
- Profit = stake × (a ÷ b). Total return = stake + profit.
- Quick convert to decimal: 1 + (a ÷ b). Example: 9/4 → 1 + 9/4 = 3.25.
- Example: at 2/1, a £10 stake: profit £20, total return £30.
Formulas
Doubles
Each double: Return = stake × odds of pick 1 × odds of pick 2. Add all doubles.
Total return = add up the returns from all of the above component bets.
Reasons for making a Double Bet
- Increased chances of winning: Multiple combinations create more ways to get a return than a single bet.
- Potential for significant returns: When several selections win, combined payouts can grow quickly.
- Risk management: Some combinations can still return even if not all selections win.