What is a ‘Daily Double’ in Betting?
In a daily double bet, the bettor must correctly predict the winners of two consecutive races at a track, usually on the same day. This form of wagering is a risky one, as the bettor has to predict the outcome of two races instead of just one. It is also a more expensive bet than a single wager, as the bettor must pay for both bets at once. Because of this, daily double wagers can potentially yield higher payouts than single wagers.
When is a ‘Daily Double’ Bet Appropriate?
Per BetOnline, a daily double might be a suitable choice if you’ve identified two horses that you really like – especially if you feel their odds don’t represent true value, it means you can place a wager on both with a chance to earn a larger payout.