A Double Bet is a bet on two selections in two different events. You must win in both selections to get a payout.
Online sports betting sites, like SportsBet.com, list all available selections and events in a given sport. Cricket bet markets typically look like:
| Fixture / Matchup | Home | Away |
|---|---|---|
| Leicestershire Foxes v Trinidad & Tobago | 2/1 | 6/5 |
| Auckland Aces v Somerset | 10/11 | 10/11 |
| England v West Indies | 2/5 | 15/8 |
Meanwhile, Football bet markets typically look like:
| Fixture / Matchup | Home | Draw | Away |
|---|---|---|---|
| FC Barcelona v Manchester United | 1/4 | 1/2 | 4/1 |
| Arsenal FC v Bayern Munich | 3/1 | 7/2 | 15/2 |
| AC Milan v Olympique de Marseille | 1/5 | 11/2 | 14/1 |
For example, you place a €10.00 Double Bet on the Leicestershire Foxes to beat Trinidad & Tobago at 2/1 and Arsenal FC to beat Bayern Munich at 3/1.
If the Leicestershire Foxes win, you get your €10.00 wager plus your €20.00 winnings for a total of €30.00. Your €30.00 is automatically wagered on Arsenal FC at 3/1.
If Arsenal FC beats Bayern Munich, you get your €30.00 wager plus your €90.00 winnings for a total Double Bet payout of €120.00. That's how you exponentially grow your €10.00 to €120.00!
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However, if the Leicestershire Foxes win but Arsenal FC loses to Bayern Munich, you lose the bet. If the Leicestershire Foxes lose but Arsenal FC wins, you also lose the bet since there's no wager from the first selection to be carried over to the second selection.
A Double Bet is not confined to sports bets. You can place a Double Bet on your favorite horse and your favorite Rugby League team. It's up to you to mix two selections in two different events. Cool right?
Given the right odds, a winning Double Bet can grow your bankroll in a wink of an eye. But use it selectively, as you need to win in both selections to snatch that huge payout.
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