What is a double bet? Bet types explained

Summarized by: Live Sports Direct
 
What is a double bet? Bet types explained

Double bets are popular in sports such as football, tennis, horse racing and rugby. They are more risky than single bets as you need both selections to be successful to win the bet. This is no different during the World Cup, especially during group stage.

Double bets are made with the money won from the first bet and the second one. The odds for a double bet are worked out by taking the odds of each bet, multiplying them and adding them to create the double bets odds.

Portugal and England are playing a football match in 90 minutes. If they win, you will have a double bet winner.

Double bets are successful when both horses place. You can learn more about each-way betting by reading our guide here.

An each-way double bet is often used in horse racing. It involves picking two selections and placing two bets, a win double and a place double. The win and place bets are placed on different horses. If both horses win, both the win part and the place part of the bet win.

If one horse wins and the other places, you will lose the win part of the bet but your place part will be successful, winning you £27. If one or both horses fail to win or place, then you lose both bets of your double.