Double Calculator: Double Bet

A double bet is any kind of bet that’s made up of exactly two selections. In order for your bet to pay out, both of the the selections need to win. If one of them fails to succeed, you won’t be paid at all, despite winning with the other bet. This is a type of accumulator bet. Accumulators are bets with more than one selection. The more selections, the greater the potential payout, but the lower the chances of winning the actual bet (and all selections turning out successful).

A double bet calculator is an online program you to use to work out the bet’s payout. To use one of these, you simply enter the odds for your two selections and the amount of money you’re betting with. For the odds, you’ll be able to choose between the three odds formats: fractional, decimal or American. Once you’re entered the required information, your total payout and profit will be calculated.

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Betting on two selections together as a double bet has a higher payout than if you were to bet on the two selections separately. This is why double bets are fairly common amongst punters.

Double Bet Calculator

The way a double bet works is straightforward. You choose two selections – let’s call the first one A and the second one B – and place your bet. If selection A wins, your winnings from that first bet will be used as the stake for your second bet. If selection A loses, you’ll lose your winnings and therefore there won’t be any money to use as a stake for the second part of the double bet, regardless of whether selection B goes on to win or not.

Figuring out the payout of a double bet should be easy enough. Check with a double bet calculator to make sure you’ve got it right. A quick online search will find lots of easy-to-use double bet calculators for you.