The total winnings would therefore be just £26, which is a significant drop from the £84 made on the double bet. The same stake on the Watford match would return a total of £14. A £2 stake on the Everton v Newcastle game would return a sum of £12. These winnings can be compared with those that would be made on two isolated single bets to understand the differences between singles and doubles. If the stake was £2 and both of these results were to come in, the bettor would make £84, a profit of £82 from that original £2 stake. They believe that Everton will beat Newcastle at odds of 5/1 and that Watford will beat Fulham at odds of 6/1. The returns would then be calculated using this number based around the stake the bettor originally placed.Īpplying this to a real world example, a bettor may wish to place a double bet on the results of Newcastle v Everton and Watford v Fulham. For example, if the odds were 8/1 and 9/1, a double bet would increase them to 9/1 and 10/1, leading to a double bet odds of 89/1 (9 multiplied by 10 is 90 and 89+1=90). The second way is that a point is added to each of the two odds and then multiplied to create new odds for the two selections. In other words, if bet one returned £30 then £30 would be the stake on the second bet.

The first is that the money won from the first bet is put as the stake on the second bet. Instead, they must bet on, for example, Horse 1 to win in Race 1 and Horse 2 to win in Race 2.ĭouble bets are very popular because they provide bettors with higher returns than multiple single bets, and there are two ways to describe the way the returns are calculated. For example, a bettor could not place a double bet on a horse to finish first and another to finish second in the same race that would be a forecast bet. As double bets are placed on the winner of the event, they must be had on separate events.

Doublebet bonus code