What is a Double Bet? Betting Types Explained

What is a Double Bet?

A multiple bet consisting of two selections, both of which must win to gain a return.

The double is a bet where two selections are made, and if the first wins, everything that would have been returned is then used as a stake for a second. This style of bet is popular because it creates the potential for larger returns but at the expense of increased risk as all it takes is one losing selection for the bet to return nothing. Similar to the treble and accumulator the only difference is a lower number of selections. Each way and to-place only options are also available at some bookmakers.

Popular in all sports, especially football and horse racing, all bets in a double must be on separate events.

Examples

Once familiar with the examples, use the double calculator to work out winnings quickly. The accumulator calculator can also be used to experiment with more than 2 selections.

The football scores in the table below are used to demonstrate winnings and losing example bets:

Home Team	Score	Away Team
Sunderland	3 - 1	Fulham
QPR	4 - 2	Chelsea

Winning

Assuming a unit stake of £5 on Sunderland to win at odds 2/1 and QPR to win at odds of 3/1 the winnings would break down as follows:

Returns = £5 * (2/1 + 1) * (3/1 + 1) = £60
Profit = Returns - Stake = £55

Losing

Assuming a unit stake of £5 on Sunderland to win at odds 2/1 and Chelsea to win at odds of 4/1 the returns would break down as follows:

The bet of Chelsea to win has lost. Therefore this bet returns £0
Profit/Loss = Returns - Stake = -£5

Last Update: 15th May 2023

Bookmaker Codes and Joining Bonuses

Bet £10 Get £30 in Free Bets

Claim Your Offer with the bet365 Bonus Code SPRT365*

Claim Offer

Min Deposit: £5
Min Stake: £10
Bonus Expiry: 7 Days

T&Cs: 18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.

£30 in Free Bets When You Place Any Bet

No Sky Bet Sport promo code is required to claim this bonus

Claim Offer

Min Deposit: 5p
Min Odds: 1/1
Free Bet Expiry: 30 days

T&Cs: New customers only. First single & E/W bet only. Odds of 1/1 or greater. 3 X £10 bet tokens. Free bet stakes not included in returns. Free bets exclude virtuals. Free bets are non withdrawable. Free bets expire after 30 days. Eligibility restrictions and further T&Cs apply. 18+ #ad. http://GambleAware.org

Bet £10 Get £40 in Free Bets

No BetMGM UK Sport bonus code is required to claim this offer

Claim Offer

Min stake: £10
Min Odds: 1/1 (evens)
Bonus expiry: 7 days

T&C’s: New cust. Deposit £10+ in 7 days & bet on sports. Min odds apply. Reward = 4 x £10 Free Bets (2 x £10 Bet Builders & 2 x £10 Sports bet). Valid 7 days. Free bets not valid on e-sports & non UK/IE horse racing. 18+. T&Cs apply. GambleAware.org

£50 in Bet Builder Bets when you stake £10 on football

The Paddy Power Sport promo code to claim this offer is YSKASP

Claim Offer

Min Deposit: £10
Min Odds: 1/2
Bonus Expiry: 90 Days

T&Cs: New Customer offer. Place a min £10 bet on Football on odds of min 1.5 (1/2), get £50 in Free Bet Builders after the qualifying bet has been settled. Rewards valid for 90 days. Only deposits via cards & Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly. T&Cs apply. 18+ #ad. GambleAware.org

Bet £10 Get £30 in Free Bets

No Unibet Sport promo code is required to claim this bonus

Claim Offer

Min Stake: £10
Min Odds: Evens
Expiry: 7 days

18+. GambleAware.org . New GB customers only. Opt in. Deposit and Bet £10+ on sports at min odds of 2.0+ (1/1) for £30 in Free Bets within 7 days. Debit cards or instant bank transfers only. Free bets expire within 7 days of issue. Geographical restrictions and T&C’s apply.

Bet £10 Get £40 in Free Bets

No BOYLE Sports Sport promo code is required to claim this bonus

Claim Offer

Min Deposit: £10
Min Odds: 1/1 (evens)
Bonus Expiry: 7 days

T&Cs: 18+. New UK customers (Excluding NI) only. Min Deposit £10. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Account & Payment method restrictions apply. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply.

Get up to £40 in Football Free Bets

No talkSPORT BET Sport promo code is required to claim this bonus

Claim Offer

Min Stake: £20
Min Odds: 1/1
Bonus Expiry: 7 days

T&Cs: 18+ New customers only. Opt in and bet up to £40 (min. £20) via mobile or app on any football (odds 1/1+) within 7 days of registration. Get up to £40 in free bets on selected markets, which expire in 7 days. T&Cs apply. GambleAware.org | Please gamble responsibly

Bet £10 Get £50 in Free Bets

The Betfair Sport promo code to claim this offer is ZSKAOL

Claim Offer

Min Stake: £10
Min Odds: 1/1 (evens)
Expiry: 30 days

T&Cs: Place a min £10 bet on Sportsbook on odds of min EVS (2.0), get 5x £10 in Free Bet Builders, Accumulators or multiples to use on any sport. Rewards valid for 30 days. Only deposits via Pay by Bank, Apple Pay or Debit Card will qualify. T&Cs apply. Please Gamble Responsibly.

More Bonus Codes

Also See

Double bet calculator - Work out your double winnings by using this calculator. Supporting each way bets, perms, non runners and dead heats.

What is a treble bet? - A rollover bet with 3 selections. The page gives a detailed explanation using football examples to demonstrate winning and losing scenarios.

What is an accumulator bet? - A rollover bet with no limit on the number of selections. Also known as a parlay in the US, this wager is popular due to the potential to win big given a small outlay. The bread and butter of punting, all gamblers should know what this bet entails.

About AceOdds

We've been calculating bets online since 2008 and know all types of betting inside-out. We also have in-depth knowledge of where to source the top bonus codes and joining offers to use when placing initial bets with a new bookmaker. Learn More.

Double Bets Explained

Contents