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# Double Chance and Draw No Bet calculator for stakes and odds

• Written by David Bet
•

Bettors should be able to calculate Double Chance and Draw No Bet odds and stakes when only Win-Draw-Win (or 1X2) markets are available. We provide an automatic Draw No Bet and Double Chance calculator tool and all the mathematical formula you would need to manually calculate odds and stakes for these markets.

Our automatic Draw No Bet and Double Chance calculator is highly useful in the following circumstances:

•     Draw No Bet and/or Double Chance markets are not available but the Win-Draw-Win market is available
•     The Win-Draw-Win has a lower margin than the Draw No Bet and Double Chance markets.
•     Double Chance and Draw No Bet have lower betting limits then the Win-Draw-Win market

## How to use the Draw No Bet and Double Chance calculator

Just input the WIN-DRAW-WIN odds for a match, and specifiy the total amount you would like to bet. Then clik on calculate in order to see stakes and equivalent odds for double chance and draw no bet markets.

SelectionOdds
Home Team
Draw
Away Team
Total Wager (£):

## DRAW NO BET ODDS FORMULAS

It's easy to derive a general rule for the stakes. If you label the total amount of money you want to risk with TOTAL, odds for Home Win with HOME, Away Win with AWAY, and odds for Draw with DRAW, then the stake to put on the home win is:
• STAKE (HOME WIN) = TOTAL * (DRAW – 1) / DRAW

and, similarly, if you would like to bet on the AWAY DRAW NO BET:
• STAKE (AWAY WIN) = TOTAL * (DRAW – 1) / DRAW

As you can see, stakes depend only on odds for the draw.

Betting on a HOME DRAW NO BET equals to bet on the following odds:
• Home Decimal Odds = HOME * (DRAW – 1) / DRAW

Betting on a AWAY DRAW NO BET equals to bet on the following odds:
• Away Decimal Odds = AWAY * (DRAW – 1) / DRAW

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