What is a double bet?
At Unibet, you can choose to place a double bet to increase profits and engage in exciting wagering. This is a simple form of betting and you will have to select two wagers to be placed on 2 events. The odds of the two events will be combined, offering a larger profit. These bets carry a bit more risk but can be more rewarding than a single bet.
Double bet examples
With a double bet, you must choose two options. If Unibet is offering odds for football matches and you choose two matches and two winners, this would be a double bet. For example, you can bet that Chelsea will win with 1.40 odds and Arsenal to win with 2.0 odds. If a $10 bet is placed on both and both teams win, you would win a total of $17. However, if Chelsea loses or ties and Arsenal wins, the bet would be lost.
Pros and cons of a double bet
A double bet will result in better payouts and your odds of winning can be increased when placing bets on favorites. Since there are just two outcomes that are needed, this bet is relatively simple to place. It is a good way to create some betting value if there is no value with a single bet. However, both selections must win to receive any payouts. If one loses, you will not get any returns. It is also important to remember that the two bets placed must be on two different events.
Illustration of a winning double bet:
| Game and result | Bet | Odds (decimal) | Outcome |
| Barcelona (2) – Atletico Madrid (1) | Barcelona win | 2.00 | Win |
| Manchester City (2) – Liverpool (0) | Manchester City win | 2.00 | Win |
Illustration of a losing double bet:
| Game and result | Bet | Odds (decimal) | Outcome |
| Barcelona (2) – Atletico Madrid (1) | Barcelona win | 2.00 | Win |
| Manchester City (2) – Liverpool (2) | Manchester City win | 2.00 | Lose |
How to use the bet calculator
The Unibet Betting Odds Calculator makes it incredibly easy to instantly view the returns of your selected bet type and stake. You can also easily change the odds display from fractional to decimal in the top right corner of the page, as per your preference.
To begin, first you must decide which type of bet you are looking to place. The Unibet Calculator ranges from simple doubles, trebles and combinations through to more advanced Trixies, Yankees, Heinz and Lucky 63 multiples, etc.
For example, if you select a ‘Goliath’ multiple bet, this will generate eight blank selections that make up a Goliath bet. You must now enter the odds of each of your eight picks manually, followed by the stake per line.
By pressing ‘Calculate Now’ this will display the total stake required to place the bet, along with the Total Return and Total Profit. Another great tool is that you can easily switch each selection from being a Winner into a Lost or Void outcome. Your overall returns will be adjusting automatically after calculating the returns again. This is a great way of visualising how your bet will perform should one or more selections not be successful.
Additional betting considerations
For horse racing gamblers in particular, the Unibet Betting Odds Calculator includes the provision for Each Way betting. By selecting this, the fields will now include an option for you to adjust the Place odds (as displayed on the race betting page itself) and thus instantly calculate the returns if your horse were to finish in the applicable place positions.
Another provision is that of Rule 4 deductions. This is implemented in a horse race if a participant is withdrawn after you have placed your bet – therefore adjusting the odds. Depending on the horse that has been withdrawn, you can adjust the deduction manually by selecting either 5% to 20% per Euro bet. Finally, you can also adjust the outcome to that of a Dead Heat should multiple horses cross the finish line at exactly the same time.