If you are looking to step up your betting game with multiple betting, double betting is a perfect first step. 💶 This article will provide you with a double bet explanation. So stick around if you are interested in how to 💶 double bet, and how you can use a double bet calculator.

What Is A Double Bet?

Double betting is the simplest betting 💶 accumulator. As you can guess from its name, a double bet is a wager on two selections. To get a 💶 return, both of your selections need to be correct. Consequently, your two bets will have to be on two separate 💶 events.

In order to calculate your returns, you must multiply the odds of each individual bet, and then multiply the result 💶 with your wager. As you can see, since the odds of two events combine into one, you will be in 💶 for a bigger profit. Double bets are riskier but pay more.

To give you a proper double betting explanation, and show 💶 you how to double bet, here is an example. Say you want to place a bet on two football matches. 💶 You can bet on the winner of the first match at 1/2 and on the winner of the second match 💶 at 2/1. The combined odds of your two selections would equal 7/2. Multiplied with your wager – let’s imagine it’s 💶 £20 – and your total returns will be £90, so your profit is £70.