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How do you calculate double bet winnings?

To calculate a double bet you take the odds of each single bet and then multiply those to create your double bet odds.
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How do you calculate a double bet?

How are double bet odds worked out? The odds for a double bet are worked out by taking the odds of each single bet and then multiplying those to create your double bet odds. The other way to work out double bet odds is that the money won from your first bet would be put as a stake on the second selection.
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How does a double bet work?

A double bet is the most easy-to-understand multiple bet on offer. It's just two different bet selections combined into one bet. If your betting double succeeds, you win and receive a good payout – better than you could expect from placing two separate single bets. A single bet is a bet made on one market event.
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How does a double bet work with 4 selections?

This is a convenient way to place a lot of multiple bets and can produce great winnings. For instance, if you place a perm bet of doubles from four selections you will receive some winnings if only two of your selections win. To get the maximum winnings from this type of bet, all your selections have to win.
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How are bet winnings calculated?

The math behind calculating payouts on sports bets
  • When the odds are negative, change the number to positive and use this formula: 100/Odds * Stake = Profit.
  • When the odds are positive: Odds/100 * Stake = Profit.
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Double Chance Football Betting Strategy

What is bet formula?

The BET equation strictly describes a linear plot of 1/[X(P0/P)-1] vs. P/P0 which for most solids, using nitrogen as the adsorbate, is restricted to a limited region of the adsorption isotherm, usually in the P/P0 range of 0.05 to 0.35.
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How do you calculate profit from bet odds?

To calculate the profits for (+) American odds wagers you may use the formula:
  1. Profit = (Stake * Odds) / 100.
  2. Profit = (Stake / Odds) * 100.
  3. Profit = (Stake * Odds) – Stake.
  4. Profit = (Stake / denominator) * numerator.
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Are double bets profitable?

As the name suggests a double bet consists of two selections and can lead to a healthy amount of profit when both selections win. Double bets are a lot easier to win than trebles or accumulators and parlays, so sports betting beginners tend to appreciate these a little more.
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What size is a double bet?

What Are the Dimensions of a Double Bed? Standard double and full beds are 53 inches wide and 75 inches long. For anyone sharing a bed this size with a partner, this offers each of you about 27 inches of personal space, which really isn't much room, especially if you move around at all in your sleep.
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How many doubles are in 7 selections?

A wager on seven selections and consisting of 120 separate bets: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and a sevenfold accumulator. A minimum two selections must win to gain a return.
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How many doubles are there in 4 selections?

A popular betting type among punters, it consists of four selections and 15 bets (hence the name) – four singles, six doubles, four trebles and a fourfold.
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What is an example of a double chance bet?

Double chance means covering two-thirds of those outcomes, granting the best possible chance to earn winnings. The only handicap is that the odds invoke more risk. For example, you could bet on one team to win or draw, but the chance of the other team winning is still there.
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What is a double bet in soccer?

Double Chance still offers three outcomes but differs from the ML because a draw is included in two prices. For double chance, the three outcomes bettors can wager on are: — Team 1 to win or draw. — Team 2 to win or draw. — Team 1 or Team 2 to win.
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How does a double bet work on sportsbet?

For example, If you have 5 selections (let's call them A, B, C, D & E) you can chose from a Double, Treble or 4 Fold when placing your bet. The Double will give you 10 individual multi bets each containing 2 legs. The 10 bets cover all possible combinations of your 5 selections in lots of 2.
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What is a double bet on Betway?

A Double is 1 bet made up of 2 selections, both selections have to win.
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What type of bet is most profitable?

Remember that college football is the most profitable betting option out there. Baseball has the lowest betting value for new and experienced bettors.
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What is the most profitable way to bet?

The best strategy in sports betting
  • An over or under bet.
  • Over or under bets per team.
  • Handicap victories, i.e. victories with a difference of several goals.
  • Low winning odds.
  • Half-time bets.
  • Early or late goals.
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What bet makes the most money?

With that in mind, here is my own personal list of the most profitable sports to bet on:
  • MLB. ...
  • NFL. ...
  • Soccer. ...
  • College Football. ...
  • Horse Racing. ...
  • WNBA. Some handicappers I know love betting on women's basketball. ...
  • CFL. Football is football, right? ...
  • NHL. Underdogs, underdogs, underdogs.
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What does 5000 to 1 odds pay?

Clarke, who has season tickets to see the Foxes, had a 10 pound bet ($14), thanks to the 5000-to-1 odds, result in a 50,000 pound ($72,480) pay out.
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What percentage of bets are profitable?

To be profitable, a bettor must win at least 52.4% of bets. For many, 55% is a good year, 60% a great year and 65% a career year. Eleven percent of daily bettors admitted to winning rarely. Answers like this are a great example of why being honest with results is vital for sports bettors.
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How much do I win on a $100 bet?

The odds indicate how many times your stake will be multiplied in your total payout. For example: A $100 bet at 1.50 odds will pay out $150 ($50 profit, plus your $100 stake).
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How is math used in gambling?

Generally, skilled gamblers assess the risk of each round based on the mathematical properties of probability, odds of winning, expected value, volatility index, length of play, and size of bet. These factors paint a numerical picture of risk and tell the player whether a bet is worth pursuing.
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What is a bet price calculator?

The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets.
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What is an example of a double result?

If you want to bet the Hornets to win both halves, then a Hornets double result will pay around 6/1 as a 10-point underdog. Finally, say you think that the Hornets will come out strong and win the first half, but the Bucks will eventually overpower them and win the second half.
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What is 12 in double chance?

Double chance 12 means that the home or away team might win the match. This happens when both teams have near equal strength on the field. Besides, it may apply where you bet on a high-scoring match. Such matches often end with a definite win and not a draw.
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