What is "Double Up"？
Synonyms:
| Category | Chinese | English |
|---|---|---|
| Common Term |
翻倍 |
Double Up |
| Industry Term | 加倍投注 | Stake Doubling |
Definition
A strategy of doubling the bet amount on the next wager to pursue higher returns or recover losses.
Mechanism
Players increase their bet amount after a win or a loss; this is commonly seen in progressive betting or risk-scaling strategies.
Common Sources / Related Factors
- Doubling-up strategy / Martingale strategy
- Loss-chasing behavior
- Positive progression betting (betting more after a win)
- High-risk strategy
- Short-term sprint / Short-term push
Value in the iGaming Industry
Boosts short-term betting volume and increases volatility.
Common Misconceptions
| Misconception | Correct Understanding |
|---|---|
| (Doubling up guarantees recovering losses) | (The risk of consecutive losses is much higher) |
| (Doubling up is only used during a losing streak) | (It can also be used during a winning streak) |
| (The doubling strategy is stable) | (It carries high volatility) |