What Is a Double Bet?
A double bet is one of the simplest forms of accumulator betting, requiring you to make two selections with both needing to win for your bet to pay out. Unlike single bets where you back one outcome, doubles multiply your odds together, creating the potential for substantially higher returns from a relatively small stake.
The concept of combination betting dates back to the early days of horse racing, where punters sought ways to increase their potential winnings without dramatically increasing their risk. Today, double bets remain incredibly popular across all sports, from Premier League football matches to tennis tournaments and horse racing meetings.
What makes doubles particularly appealing is their balance between risk and reward. Whilst both selections must win, the multiplied odds often provide returns that justify the additional risk.
How to Use Our Double Bet Calculator
Our double bet calculator simplifies the process of working out your potential returns, eliminating the need for manual calculations and reducing the risk of costly errors. Follow these straightforward steps to calculate your double bet returns:
Step 1: Enter Your Stake and Select Double Bet Type
Input your desired stake amount in the “Unit Stake” field and ensure “Double” is selected as your bet type. Our calculator accepts stakes in pounds, dollars, or your preferred currency.
Step 2: Input Your Odds for Both Selections
Enter the odds for your first selection in the designated field, followed by the odds for your second selection. Our calculator accepts fractional or decimal odds formats.
Step 3: Review Your Calculated Results
Once you’ve entered your stake and odds, our calculator displays your total stake, potential returns, and net profit.