One exciting thing about sports betting is that there are numerous betting types. These include single bets, where you bet on only one outcome, and double bets, where you wager on two outcomes. There are also others, like parley bets and Accumulator bets, where you arrange numerous bets on a slip.  

However, the double bet in sports betting comes in different forms. What makes it more appealing is that it is also simple to make and available for numerous sports. Its major aim is to pick two selections and work with them to increase your winning amount. This article looks at the different types of double bets at sportsbooks and how to benefit from them. 

Each-way Double Bet 

The each-way bet is a double bet where you bet on two outcomes. It is often used in sports like horse racing, golf and tennis. It involves choosing two selections from different events by placing two double bets. Here, you are to make two bets on a particular team: the win bet and the place bet. A win bet is to say that they will win the event. The place bet is to wager on where the team will finish if they don’t win. Therefore, you get to win the second bet if the first one doesn’t win, giving you the chance to leave with a reward.  

Double Chance Bet 

This is another type of double bet you can use in sports betting. With double chance, you can bet on a team to win the event and the dame team to draw. An example would be betting on a football outcome. Let’s look at a match between Liverpool and Real Madrid.  

Having a favourite to win might be difficult, seeing that both teams are outstanding. Your best bet will be to play safe and feel that the match will end in a draw. With the double chance bet, you can choose Liverpool to win or draw. This way, you still win your bet when Liverpool draws and does not win. 

Double Result 

The double result bet is the next double bet type we will be looking at. This bet type lets you bet on each half of different games, like football, etc, in one stake. While the double bet comes with two possible bets, the double result has nine possible outcomes on which to bet. You can bet on the following: Win/win, Win/draw, Win/loss, Loss/win, Loss/draw, Loss/loss, Draw/draw, Draw/win, Draw/loss. 

The only issue with this type of double bet is that both bets have to be successful before you can win. One benefit of the double result bet is how it can help you maximize your winnings. You can use this bet type to choose underdogs as favourites to win a game. 

Cross Double Bet 

Another lucrative double bet type is the cross double. This type works differently from the others. You place a single bet. It is only when that first bet is successful that the bet initiates a second bet. This shows that there are two parts to this selection. You place a single selection bet, and if that bet is successful, it automatically initiates a second single bet.  

Conclusion 

Double bets are just one of the numerous betting options in sports betting. They are lucrative, creative, and can produce some exciting winnings if played right. The ones mentioned above are just some of the best options available for double bets in sportsbooks.