Double chance: covering two of three results

• Double chance pays on a draw.
• Draw no bet refunds a draw instead.
• The price comes from two 1X2 prices.
• It is often used for underdogs.

1 = home, X = draw, 2 = away.

A double chance price comes from adding the implied chances of the two results it covers. With home at 2.20 (45.5%) and draw at 3.40 (29.4%), 1X covers about 74.9%, so the price is about 1 ÷ 0.749, or 1.34.

The sportsbook’s margin from the three-way market carries over, and some books add a bit more. Comparing the double chance price with this simple sum shows whether you are paying extra for the convenience.

You can build the same position yourself by splitting your stake between the two results so each returns the same amount. That is a good check, though it takes two bets.

Say you think an away underdog at 3.50 is better than the market says, but a draw is likely. X2 at about 1.72 returns $172 on $100 if the away team wins or draws. You lose only if the home team wins.

The trade is simple: you win much more often, but each win pays less. Over many bets the result depends on whether your view of the two outcomes beats the price you are paying.

The 12 market is a bet against a draw. It suits matches where both sides must win, such as late-season games with a lot at stake, but those spots are often priced in already.

1. 1

   Step 01

   Choose the market

   1X, X2 or 12.

2. 2

   Step 02

   Check the price

   Compare with the 1X2 sum.

3. 3

   Step 03

   Compare with DNB

   Win or refund on a draw?

4. 4

   Step 04

   Read grading rules

   Usually 90 minutes.

5. 5

   Step 05

   Set the stake

   Short odds need care.

Double chance markets usually settle on 90 minutes plus stoppage time. Extra time and penalties in cup matches are not counted, unless the market says otherwise.

Some bettors add double chance legs to parlays to make them more likely to land. Short prices add little to the payout, and each leg still carries the book’s margin, so long parlays of short legs still lose more often than they look.

At US sportsbooks, double chance is mostly found on soccer, but some books offer similar markets for hockey in regulation time.

Forgetting the price is short

A loss wipes out several wins.

Mixing up 1X and X2

Check which team is home.

Assuming extra time counts

Usually 90 minutes only.

Stacking short legs

Margins add up in parlays.

• Draw no bet →Refund on a draw.
• Asian handicap →Half and quarter goal lines.
• Decimal odds →Reading soccer prices.
• Implied probability →Odds to percentages.

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1. Wikipedia — Asian handicap Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Handicap and draw markets
2. Wikipedia — Fixed-odds betting Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Decimal, fractional and American odds
3. Wizard of Odds — Sports betting Not from a registry (Reference source, not an official registry)?The gaming industry’s standard reference for casino-game math, by actuary Michael Shackleford. Not an official registry; our calculators compute these numbers independently. · accessed Oct 15, 2026Sports betting math
4. National Council on Problem Gambling — Help and resources Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Free, confidential help: call or text 1-800-GAMBLER