Double Bet Calculator

Our Double bet calculator will work out your returns on your winning doubles bet. It’s free and easy to use – check it out today. 

If you have won on your double then you’ll want to calculate your winnings so you know what to expect back from the bookies. We’ve made that easy with our free and mobile-friendly calculator. Simply add the details into the boxes below – including your preferred odds format, the betting odds and the results of your selections – it will calculate your total return and total profit.

Use the doubles bet calculator:

Enter Bet Details
Bets
# Outcome Odds Place Odds
1
/
Place Odds
Enter Bookmaker Bonuses
Summary
Total Outlay:

Total Return:

Total Profit:

How to Use the Free Double Bet Calculator

Here is the step by step guide how to use our doubles bet calculator:

  1. Select “Double” on the ‘Bet Type’ dropdown
  2. The ‘Number of Selections’ should default to 2 selections
  3. Select the ‘Outcome’ for each of your selections – this will be “Winner”, “Placed”, “Dead Heat”, “Void” or “Non-runner”.
  4. Select the ‘Odds’ for each selection, for example “9/1” and “7/1” – you are also able choose your preferred odds format such as decimal odds or fractional odds
  5. Select the ‘Stake’ wagered per bet, for example, “£10”, “£20”, “£50”
  6. The calculator will then work out your total outlay, total return and total profit

Double Bet Calculator

Frequently Asked Questions About Doubles

Here the most popular questions we get asked about doubles:

What is a Double Bet?

A double bet is exactly what the name suggests. It is a bet of two part, so you make two selections. You essentially place your stake on the first part of the bet and the winnings from this are then passed onto the second part of the bet. If one of the selections loses, the bet is over.

How Does it a Double Work?

The double bet is a type of multiple bet that adds two single bets together. You will be able to accumulate the odds of both but if one loses, you will not receive the reward.

In summary:

  •     Double bets help accumulate bigger winnings
  •     There’s more risk than a single
  •     It is the most simple form of a multiple bet
  •     It has less risk and reward than trebles and accumulators
  •     Simple to place

Double Bets Explained in More Detail

They’re easy to place and also simple to understand. You will be able to enjoy a larger return but obviously the risk is greater too. This type of bet works similar to a treble, four-fold or accumulator. The difference being fewer selections, ultimately meaning more chance of winning.  All of the aforementioned is reflected in the return.

Example of A Double Bet

See our example below:

It’s that straightforward. If one of those results lose, then you will not win a penny. If both results come in, then you win! And the profit will be more than putting them on as singles. You will enjoy better odds as the money will be accumulated.

  • Returns = £5 double on (3/1 + 1) x (6/1 + 1) = £140
  • The profit would be £135 but you’d also get your £5 stake back.

Are Double Bets Worth It?

Double bets are definitely worth it because you multiply the odds and if both wins can see a good return and huge payment.

You can also place an each-way double where both selections can place and you still yield a winning return.

Each-way doubles are a worthy bet because you hedge your bets and still win if the horse finishes 2nd, 3rd or even 4th depending on the number of runners in a race.

How to Place a Double Bet?

Here is a step by step guide on how to place a double:

  1. Choose two racehorses you want to bet on
  2. Add all two selections to your betting slip
  3. Look under the ‘multiple’ segment and tick ‘double’
  4. Enter the money that you want to wager
  5. Double-check your choices and click ‘place bets’ if betting online, if you are betting in a betting shop hand the slip to a cashier you will place the bet.

Which Bookmakers Accept a Double Bet?

All online bookmakers accept doubles as they are a very popular two selection bet type.

If punters add two selections to a betting slip then the following bookies can place a doubles bet type:

Do All Picks Have to Win on a Double to Pay out?

Yes, both selections need to win if you place a win double bet.

If you wager an each-way double then both horses need to win or place to receive a winning return.

Summary

Overall, double bets are very popular, due to the ease of placing them and the added returns.

If you want bigger returns than a single, then a double could be for you.

They are often used for football, cricket, tennis and horse-racing. You can also bet across sports for example you could select a race and a football match or bet on the winner of the Premier League and Championship as your double.

If you prefer horse-racing then you can also use each-way doubles bets. Each way bets reduces the odds for those that place and do not win. The stake will be more too. But this way, you have more opportunity to win.

Why not have a go at double in January 2021 and enjoy the fun?

Betting Calculators

We have created a bet calculator for every type of bet, check them out below: