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

The Bet365 bonus code to get £30 in free bets is SPRT365

View All 4 Bet365 Codes

Min Deposit: £5
Expiry: 30 days
Min Odds: 1/5 (1.20)

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. The bonus code sprt365 can be used during registration but does not change the offer amount in any way.

Bet £10 Get 4x £10 Free Bets - Mobile Only

The William Hill Sport promo code to claim this offer is P40

View All 3 William Hill Codes

Min Stake: £10
Bonus Expiry: 30 days
Min Odds: 1/2

18+. When you sign-up via Mobile using promo code P40 and place a bet of £10/€10 or more we will give you 4x £10/€10 free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. Virtual markets excluded. #ad

Bet £10 Get £40 in Bonuses

The Betfred Sport promo code to claim this offer is WELCOME40

View All 14 Betfred Codes

Min Odds: Evens
Bonus Expiry: 7 days
Min Spend: £10

New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.

Bet £5 Get £20 Free Bets + £20 Casino Bonus

No Ladbrokes Sport bonus code is required to claim this offer

View All 6 Ladbrokes Codes

Bonus Expiry: 7 days
Min Odds: 1/2
Min Spend: £5

18+ New UK&ROI customers. Available from 09:00 (UK time) on 06/05/2022 until 23:59 (UK time) on 30/06/2023. Min first £5 bet within 14 days of account registration at min odds 1/2 to get a £20 free sports bet (valid 7 days, stake not returned, selected sportsbook markets only) & a £20 casino bonus (valid 30 days, selected games only, 40X wagering). Certain deposit methods excluded. Restrictions & T&Cs apply.

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