Do you often feel like placing a win bet on a specific team, only to stop at the last moment because of the high risk of a draw?

Well, if you understand how Draw No Bet works, you might discover your new betting strategy. Draw No Bet (frequently abbreviated as DNB) is available at almost every online bookmaker worldwide and is massively appreciated by a number of bettors who consider it the cornerstone of safe betting.

A Draw No Bet might offer lower football odds compared to your original bet however, what you get in return is far more valuable. A typical three-way football bet is instantly converted into a two-way bet, improving your chances of not losing your stake, if your selected team fails to win. This can become a true weapon for every bettor in the long term.

What is the definition of the term 'draw no bet'? With a 'draw no bet' wager, the bettor will have their initial wager returned to them if the game that they are betting on ends in a draw. 'Draw no bet' wagers are extremely popular for people that are betting on soccer. Draw No Bet The “Draw No Bet” market allows you to bet on either side to win the game, with you getting a refund on your stake if the match result ends in a draw. Therefore if Everton is playing Aston Villa, the markets available here will be: 1. Draw No Bet meaning Draw No Bet means that if there is a draw in a sporting contest, all bets placed on the draw outcome are refunded without any loss to the players. It is similar to a form of Asian handicap betting whereby if the result is a draw after the handicap is applied, refunds are issued for those bets.

Let’s get into a bit more analysis concerning what a Draw No Bet actually is and which strategy you should follow to get its full advantage.

How Does Draw No Bet Work?

Draw no bet is an ideal tool for managing your risk when betting on the outcome of a game. It is very easy to understand, you place a bet on one team or person to win an event and if it ends in a draw, then there will be no bet and your stake is returned to you. This guide looks at the draw no bet meaning in closer detail. Draw No Bet is a common betting market offered by bookmakers. It’s relatively popular with punters who are not fully confident on one side winning as it returns the stake should the match end in a draw.

A draw no bet can be considered as a type of insurance when you wager on a match outcome. The way it works is that if a match ends in a draw, you then receive a full refund of your initial stake.

If the selection wins, you get the full payout of the winning odds.

The odds you receive for winning a dnb bet are significantly smaller as opposed to a straight bet. Your projected winnings are trimmed as a result of the extra safety the dnb option provides.

DNB Bet Explained

A simple example: If you had placed a £10 stake on Team A win, on 2.70 odds, you would receive a €17 profit.

If you had wagered £10 on 1.80 odds on a Draw No Bet then you would net €8 of profit. Although it might not seem all that bad, it does mean that your liability is bigger to begin with.

It’s up to you to decide whether or not, the added insurance is worth it.

Now for the good part. If you had backed Team A on a straight win and the match ended as a draw you would, unfortunately, lose your bet. If you had placed a Team A Draw No Bet however, you would get a full refund of your stake.

Draw No Bet Means What Percent

Ultimately, you must carefully weigh and balance the risks and rewards. The only foolproof way of using a draw no bet, is to make a careful odds assessment before, or during the course of a match, depending on when you will place your bet.

Remember that in a draw no bet wager you are spreading your stake on both two possible results, your team’s win and a draw.

Asian Handicap

This looks like a similar option to a dnb bet, but in pure numbers, it actually isn’t. If you glance at the Asian Handicap bets on your online bookmaker, you will find that, in most cases, the odds stand at a better price.

For example, you might see that an Asian Handicap 0.0 win stands at 1.83 odds as opposed to a Team A DNB win that is offered at 1.73. Given that it’s the same bet, there is no reason to pick the lower odds.

It might seem weird, but in Asian Handicap betting, the commission is far smaller, even on online bookmakers who offer both European and Asian betting types.

Create Your Own Draw No Bet

On rare occasions, you might be unable to find a DNB bet on a specific match. If you feel like you could use the security of a Draw No Bet, you can always set it in a different way, by creating your own odds.

Simply use the same amount you would place on your selected team and add an extra bet on the draw. This extra bet is calculated using the exact stake, divided by the draw’s odds.

Suppose you have decided to place a £50 bet. The odds of the match are:

• 1-Home Win: 1.60
• X-Draw: 4.00
• 2-Away Win: 5.50

If you decide to place a dnb-style bet on an Away win, all you have to do is divide your available amount (£50) with the draw odds (4.00). This way you can find out exactly how much you should wager, in order to get both your stakes back. In this example, the amount stands at £12.50.

You then subtract this amount (£12.50) from your complete stake (£50) and bet the rest (£37.50) on your initial choice.

If the match ends in a draw, you will get all your money back (£50), in the same way as with a dnb otpion. In case of an away win, you’ll get 37.5 X 5.50 = £206.25.

These calculations may seem needless, as most online bookmakers are now offering the Draw No Bet option on most events. Some punters tend to prefer using it as it eliminates the 5% bookie overround on odds sets.

The Cover Bet Strategy

Online bookmakers developed the Draw No Bet after long research of their punters’ habits! Many bookies realised that the extra safety of getting money back in the “near miss” of a draw would persuade a significant number of bettors to either place more bets, or increase their stakes.

This makes the dnb more of a betting strategy than a simple type of betting.

The strategy is simple. Find any sports event where the draw stands as a result (three-way market) and place two bets: one on the team you think will win and the other on the draw.

The only difference on the amount of those two bets is that your draw stake must be just enough to give you your money back.

You can choose which matches you’d rather place a DNB, instead of a straight win bet. For example, it’s recommended when a favorite is playing away from home.

If they manage to score the first goal, they will most likely play cautiously in order to protect their lead. By using the DNB you eliminate the risk of losing your bet due to an equalizing goal.

You are probably reading this because you have seen the “draw no bet” betting market in a Sportsbook or an article somewhere and you are wondering what exactly it means. We will gladly explain to you everything you need to know about the betting market, like where it’s used and what does it mean. We will also give you some examples, so you can understand them better.

Draw No Bet Explained

Draw no bet sounds complicated if you have no idea what it means but the truth is that it’s straightforward. The betting market is becoming quite popular among bettors who prefer not to take risks when betting. Draw no bet allows you to wager either on the “home” or “away” outcome on three-way markets.

You are probably asking yourself what happens to the third possible outcome, well the “draw” possibility is scratched out. This means that if a draw or also called “tie” occurs, your stake will be returned in full. When placing these types of bets, you shouldn’t expect great odds. It will most likely have lowered odds because of the type of betting market and because it has less risk for customers. That is why usually betting markets like draw no bet and double chance have worse odds than match winner or correct score, for example.

Keep in mind that not all bookies offer this betting option for the different sports, mainly because sports like Basketball and Tennis can’t end in a draw (because more time is added or a unique rule is put in place, like the tiebreaker in Tennis), so this leaves the betting option only for select sports, like football. Some bookies might offer the draw no bet market option for the first and second half of matches, besides the full-time match market. We will give you a couple of examples across different sports below.

Sports That Feature Draw No Bet Market

Bookies aren’t able to offer draw no bet wagering on all sports because not all sports end in a tie. The most popular examples of sports which can end in a draw/tie are Cricket and Football. Sports that can end in a tie/draw and where the betting market can be applied are:

• American football (rarely)
• Soccer
• Cricket
• Australian rules
• Chess
• Ice hockey
• Boxing
• Horse Racing
• Other Racing Sports

Keep in mind that some of these sports have specific rules in place so that the match isn’t too long, as the tiebreaker rule in Tennis. This mostly ensures that the match won’t end in a tie, and that’s why you don’t see the “draw no bet” market selection on Tennis or Sumo (where matches are usually rescheduled, forfeited, or more breaks are added if a draw occurs).

Examples of Draw No Bet Wagers and Outcomes

Let’s say that you want to bet on a match between Tottenham Hotspur and Southampton. The odds for each of the two outcomes of this hypothetical match are listed below:

• Southampton – 21/20 (2.05)
• Tottenham Hotspur – 7/10 (1.70)

If we were talking about the match-winner betting market, the odds would look something like this:

• Southampton – 21/10 (3.10)
• Tottenham Hotspur – 29/20 (2.45)

Because the “draw” outcome is taken away, the odds are lowered, so it’s fair.

Let’s say that on the “draw no bet” betting market we listed above you bet £20 that the Spurs will win the match. If they do win, you stand to win £21 and the total payout you will receive will be £41. If the match ends in a draw, you will receive the full amount (£20) of your stake back and it would be as if you didn’t place the bet in the first place. If Southampton wins the match, you will lose the £20 you bet on the event.

Similar Betting Markets

There are similar betting markets you can try if a bookmaker doesn’t provide the “draw no bet” market. One example of that is the “double chance” market because it still gives you the same percent security as the “draw no bet” market. When placing a double chance bet you back two out of the three outcomes in three-way markets, for example:

• Home and draw
• Home and away
• Away and draw

The odds on this type of market wouldn’t be as good as the match betting market, but if you prefer to place low-risk bets, then this is perfect for you.

Another similar or some might even say the same betting market is a variation of an Asian Handicap. Only Asian Handicaps with a 0 handicap are the same as the “draw no bet” market selection. If the match would end in a draw, you will get your stake back.

Frequently Asked Questions Regarding Draw No Bet

What do I do if the bookie doesn’t offer to draw any bet?

You can either request the betting market if the bookmaker offers the “request a bet” feature, or you can create the same outcome by dividing your stake by the decimal odds for a draw. Place the amount you got from the calculation on the event to end in a draw and the rest of your stake on your favorite team. This is essentially the same as the “draw no bet” market.

Can I combine the draw no bet market into a multiple bet or an accumulator?

Yes, you can.

Will the whole accumulator be voided if there is a draw no bet selection and the match ends in a draw?

What Does Draw No Bet Means In Football

No, your accumulator bet shouldn’t be voided. This depends on the bookmaker you are betting with, some might decide to void the whole wager, while others might void only the draw no bet selection and leave the rest of the wager.

Summary

Draw No Bet Means What Time

The draw no bet is a popular betting market, especially when it comes to football betting and many people enjoy placing these types of bets as singles or combine them in accumulators because of the lower risk involved. By now, you should already know what this bet stands for and you can start including it in your selections because who can resist low-risk wagers?