Double Chance 12: A Sports Betting Strategy
No matter how good the player’s intuition is, sports betting strategies are needed for a more profitable long-term game. Without it, it is hardly necessary to count on the predominance of high odds, because the strategy is a specific algorithm of the game, including a certain system or choice of events to conclude a bet.
One of these strategies is the "12" double chance betting strategy or, what it really is in simpler terms, a strategy betting against a draw or tie between two teams.
What Does the 12 Mean in Sports Betting?
Beting on the 12 (one-two) is one of the double chance bets. In this bet, the player will win their wager if the game ends with either team winning the game: either Team 1 or Team 2 (i.e., there will be no tie). At the same time, it does not matter who wins or loses or the final score- the main thing is that the game does not end up as a tie.
The drawback of double chance betting is the low sportsbook odds. As a rule, for bets on soccer or hockey to stake money on the outcome of 12 can be accompanied by odds in the range of -500 up to -250.
Other types of double chance bets exist besides the 12. The most common are the 1X and the 2X. With those bets, you are betting on either team to win or draw the game. We will be focusing on the 12 double chance bet in this article, along with a strategy to implement when making them.
The Double Chance Betting Strategy in Soccer
Betting on the most popular sport means employing various "methods of dealing with the sportsbook or oddsmakers." One of them is the "Double Chance Betting" strategy in soccer.
- Before the kick-off whistle or during the game, but before the first goal, the player bets on the outcome of 12.
- After waiting for the draw market to increase (this line is marked as X), the player bets on this market.
To understand how things work, let's look at a specific example:
The first half of the game in the Vietnamese second division between the teams "Nam Dinh II" and "Fihshan Khanhoa" ended with a score of 0-0. At the same time, the odds on either one of those teams winning was -294. After the visiting team scored a goal, the odds for the draw match rose to +460.
Once again: when playing sportsbook forks it is important to correctly calculate the size of profits on opposite bets. Suppose, in this case, the size of our stake on both bets is $20. It will turn out that at the end of 12 with a factor of -294 we have to put $16, and on a draw (X) in live betting four dollars with a factor of +460.
When placing such bets, the net profit of the player (subtracted the set $20 from each possible win) will be:
- $16 on odds of -294: Payout - $21.44
- $4 on odds of +460: Payout - $22.40
Professional bettors also prefer to place bets on the exact score of 0:0. This will help minimize losses or slightly increase the bankroll if the bet is successful.
Which Games Qualify?
To even flirt with the strategy of 'double chance betting' in soccer, players should choose the markets where the following conditions are met.
- The sportsbook place the pre-match odds for a draw at +320 or lower.
- A victory for the favored team is estimated at odds of +100 or less.
- The game is predicted to have two or more goals scored.
Do not bet on all the games that are suitable for the above criteria: it is a direct way to draindown your entire bankroll.
What to Look for When Employing the Double Chance Betting Strategy
In addition to betting lines, it is necessary to take into account other factors that can affect the outcome of the bet.
- The game has an away favorite. Strong teams do not always manage to win the coveted three points in an away game against a weaker opponent (who knows how to defend). The score is instead often 0-0 or 1:1 in these games.
- Motivation. The unrelenting desire to break into European competitions, games between principled rivals or positions in the standings are just a few reasons to bet on the victory of one of the teams in the upcoming game.
- Championship stage. In the first games of the championship it is quite difficult to predict the victory of one of the teams, especially if the forces are equal. Despite the pre-season training camp, not all players approach the first rounds in optimal physical form, there is still no full understanding of the team and the new coaching staff. Also, towards the end of the season you have to hold high positions in the standings and not let close pursuers or "gnaw" the necessary points to keep the registration in the Higher Division.
Without a real understanding of these basic things it is better not to bet at all.
Using the Double Chance Bet Strategy 12 in Hockey
Typically, double chance bets in hockey are made to insure a bet on the favorite team to win during regular time. At the same time, there is an algorithm that many “statisticians” are in favor of which is based on the statistically unlikely outcome of a draw.
The double chance strategy can also be applied in live betting. The play style here is the same as in the ‘Catch-up Strategy’, and these can be combined for bets on hockey games.
- The bettor puts money against a draw (12) for the first period of the game. Once the bet has been accepted, the player will then choose another game. If the first period does end in a draw, the player uses the market 12 for another bet in the second period and increases the bet amount.
- The size of every subsequential bet should be an amount that when it is won the player can erase the loss taken from the previous bet. If the second period also ends in a draw, then the player will again increase the bet for the next period.
With the right approach, the 'double chance 12 bet' strategy for hockey will allow the player to beat the sportsbook. However, we are not forgetting to emphasise that the catch-up game is not an ideal way for players to bet. The inability for continued use of the bankroll or the misunderstanding of basic mathematical betting fundamentals, in particular, variance, will cause a loss.
Pros and Cons of Betting Against the Draw
Double outcome betting, like any other strategy, has its pros and cons. Here are a few of the benefits to using this strategy to beat the sportsbook.
- It is very simple and easy to understand. A newcomer will not have to spend countless hours betting to understand it. There is also a wide availability of lines for this strategy. Markets for the win, loss and draw are in every sportsbook.
- A higher probability of winning when compared to a basic bet on the win. To win a bet, we have two acceptable outcomes instead of just one (out of win, loss, draw).
- There is also the possibility of insurance. Most betters prefer to insure the rate and minimize the financial losses in the case of failure.
When it comes to the downsides of this strategy, there are low odds for the original 12 double chance bets. Events with odds of -500 up to -250 seem preferable to beginners because of the high probability of winning, but it is only worth it if the player can string together five or six wins for each loss.
In conclusion, there are no win-win strategies, and each algorithm of the game has its own degree of risk. However the double chance betting strategy will give you a higher chance to win and stay profitable over a long-term period.