What is a double bet?
In betting, a “double” is a wager on two selections in separate events, where both must win for the bet to be successful. The winnings from the first successful selection are used as the stake for the second bet.
A double is a form of an accumulator bet but the term accumulator is normally used for bets with a minimum of 4 legs.
A bet with only 2 legs is commonly known as a double and a bet with only 3 legs is a treble.
What is an example of a double bet?
A bettor places a double bet of £10 on two football matches:
If Team A wins against Team B, the person wins £20 (the original £10 bet multiplied by the odds of 2.0). This £20 is then used as the stake for the second bet on Team C to beat Team D.
If both Team A and Team C win, the person wins a total of £60 ( £20 from the first bet multiplied by the odds of 3.0 from the second bet).
If either Team A or Team C does not win, the person loses the entire £10 bet.
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