A double bet is the simplest way of making an accumulator/combination of bets. When placing a double bet, you are 🎉 betting on 2 outcomes in 2 events on the same betslip. Both outcomes must be correct for you to win 🎉 the double bet. The 2 separate odds are multiplied with each other and then the stake to determine your return.
Example 🎉 of a double bet
For example, if you place a double bet with a stake of £10 on Barcelona to beat 🎉 Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return will be 🎉 £40 (3/1*£10=£40) if both teams win their respective matches and your profit will be £30 (£40-£10=£30). If Barça or The 🎉 Citizens does not win their match your stake is lost.
Pros and cons of a double bet
The pro of a double 🎉 bet is that it results in more profit than placing 2 single bets. The con of a double bet is 🎉 that the risk is higher because if 1 of the outcomes is not correct then the whole stake is lost.