For World Cup odds, double chance gives bettors three options with two potential winning outcomes.
The prop market takes each outcome of the three-way moneyline – Team A Win, Team B Win and Draw – and groups multiple outcomes into one market.
The three options are as follows: Team A Win or Draw, Team B Win or Draw and Team A Win or Team B win.
Odds for each double chance option depend on the three-way moneyline. For matches featuring two balanced sides, all three markets get priced north of -110.
Take the World Cup match between Ecuador and Ivory Coast as an example. As of this writing, oddsmakers price Ecuador as a +130 favorite on the three-way moneyline.
The double chance lines for that match are as follows: Ivory Coast Win or Draw (-165), Ecuador Win or Tie (-350) and Ecuador Win or Ivory Coast Win (-275).
Bettors will see an underdog price for one double chance market in matches featuring a big favorite.
The Mexico vs South Africa World Cup opener offers an example. Oddsmakers price Mexico, as of this writing, as a -220 favorite to win the match.
Accordingly, South Africa Win or Draw is priced at +165.
The odds for that market rise proportionally to the favorite’s three-way moneyline price.
In Germany vs Curacao, the Germans are -1100 to win. Conversely, oddsmakers price Curacao as a +1050 underdog to win outright or draw as a lofty underdog.
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