We are aware that some bettors are happy to simply bet on the team they believe will win, while others are more experienced gamblers who would want to go all out with more complex betting choices. However, it’s common knowledge among those who have studied betting odds that an outcome can become somewhat unpredictable when a draw is an option.
Seeing a draw no bet market on a bookmaker website can be confusing to certain bettors, and that’s normal in the beginning. The concept is that the Draw No Bet odds only show each team’s likelihood of winning since the draw is eliminated. The Draw No Bet (DNB) method is definitely something to think about for players who want a straightforward type of play.
Our helpful guide explains Draw No Bet in brief, so you can decide if it seems like something you would agree with. For advice on placing a Draw No Bet bet, knowing when to use the DNB method to maximise your stake and earnings, and to learn the advantages and disadvantages of DNB bets, keep reading below!
The Draw No Bet Market In Sports Betting
Draw No Bet Explained
Draw No Bet simply means what it says: if the event ends and a draw occurs, there is no bet on the draw to lose. In other words, if a draw happens, it’s like the bet was never placed. It’s also a bet type or betting strategy used in accumulator betting. This type of betting is a popular market, and if you’re looking to try something new, you may want to consider a Draw No Bet for your next betting adventure.
Sports events which end in draws have very high probabilities as they are rather uncommon, as we stated in the opening. However, when betting on a team to win, draw results sometimes cause the odds to fluctuate. In the Premier League, for example, there was a 25% possibility of a draw across the course of five seasons, from 2012 to 2017. When trying to wager on a winning team, this drastically changes the odds.
You can place a Draw No Bet wager if your main idea is to simply guess which team will win without taking into account the outcome of the draw. This implies that you select either club as the favourite in your role as the bettor. You can select either team or player 1 or 2 to win instead of leaving open the possibility of a tie. In the event of a draw, however, the stake is simply refunded and your wager is cancelled rather than throwing away your odds or causing you to lose your bet amounts.
This explains the nickname “Draw No Bet”. To put it simply, if there is a draw, the wager is cancelled and you are left with nothing.
More cautious gamblers like to use the draw no bet market when placing their wagers. Although there are now two possible outcomes rather than the third, which is a draw, the odds aren’t usually as great, but the likelihood of losing is much lower.
Backing an underdog team when there’s a chance they may win is another reason to think about placing a Draw No Bet bet. You can protect your investment by betting on a draw no matter what, as you won’t lose it if the underdog draws rather than wins outright. But you gain huge if they win. So when it comes to betting on underdogs, a Draw No Bet bet is a terrific safety net.
Put simply, the draw option is eliminated when a Draw No Bet bet is placed. Should your team win, the wager is yours. You will lose the bet if your side loses and your money is refunded if neither team wins.
Draw No Bet Strategy: An Example Explanation
In case you are still a bit confused about how a Draw No Bet betting market works, allow us to explain using an example involving football teams. Let’s say there is a game between Man City (2.85), who are playing away, and Arsenal (2.55), who are playing at home. The draw odds sit at 3.25.
You can place a bet on a home or away win. You can bet on Arsenal to win, the teams to draw, or Man City to win. There is a little bias toward an Arsenal victory in this scenario, but the probabilities are about even on both sides. There are 2.55 and 2.85 odds, respectively, for Arsenal and Man City to win. But the chances of a draw outcome are 3.25. In this instance, a bettor may lose their investment on the draw even if the odds indicate that a draw is less likely.
The probability of Arsenal winning is 39% = (1 / 2.55) x 100. The odds are not in favour of an Arsenal wager, even though these possibilities don’t appear to be that far off. This is because a double chance bet places a wager on one of three possible outcomes: either 1 or draw (X) or 2. It is necessary to sum up the two possibilities that you would lose when comparing your odds of winning and losing the bet.
In this scenario, there is a 39% possibility that Arsenal wins, but there is also a 61% risk that the wager would be lost if Man City wins or the match ends in a draw.
Let’s now compare that with a Draw No Bet bet.
Arsenal = 1.78
Man City = 2.01
The likelihood of winning the wager in this situation is 56% if the Arsenal game is won. With a 5% betting margin, the probability of losing the wager comes out to 49%. With a draw outcome eliminated from the possible possibilities, in this case, the chances of winning the bet rise while the chances of losing drastically drop.
With a Draw No Bet bet, you just need to account for a loss; in contrast, while calculating the chances against you with a 1X2 bet, you had to account for both a loss and a draw. In the event of there being a draw, you would get your wager back.
Draw No Bet Wagers Betting Strategy: When To Place A Draw No Bet On Betting Sites?
To lower the likelihood of losing a wager, gamblers mostly use the Draw No Bet betting choices. You eliminate the possibility of a draw when you place a DNB wager since you will get your money back in the event of a draw. This just lessens the likelihood that you will lose your stake.
So when is the right time to place a “Draw No Bet” stake? Here are out Draw No Bet tips that you can use to have the best chance of winning your bet.
When You’re Willing to Bet on the Underdog
If your prediction comes true when you bet on the underdog, you might win a lot of money. When you bet on the underdog, you run a higher danger of losing than when you bet on the favourite since the odds are definitely not in your favour. Additionally, the draw outcome changes the odds of losing even more against you.
You can exclude the option that ends in a draw to counteract the negative impacts of the draw odds and reduce your chances of losing in the event that the underdog draws instead of winning. A Draw No Bet wager would eliminate the draw chances, which would lower the implied likelihood that you would lose the bet and increase the odds closer to your favour.
When a Draw is Likely To Happen
If you want to place a team wager but believe a draw is probable, then draw no bet stakes are a perfect option. If you’re not sure if two teams will draw, think about the odds. A game will probably end in a tie if the odds of both teams are comparable.
Remember that if the odds are fairly comparable and the home team is leading, the home team advantage is probably being reflected. This would indicate a high probability of a draw. A good example of this is the market case of Arsenal vs. Man City which we talked about above. The odds are almost evenly matched as two teams with comparable talent levels. Because they are at home, Arsenal have somewhat better odds. A draw is quite likely in this situation than that either team will win the match.
When You’re Wagering Live On A Losing Favorite
Remove the draw outcome if you are watching a sport and you genuinely think the favourite will win even if they are currently losing. Bet on a Draw No Bet when the favoured team begins to throw up their lead. One reason for this may be that the underdog has scored and closed the distance, or the favourite is losing. In this scenario, you want to lessen the chance that, should they draw, you would lose your bet.
Alternatives Bet Types To The Draw No Bet Market
There are alternative ways to place a wager that account for the possibility of a draw and safeguard against it. Bookmakers usually also offer these choices:
Handicap 0.0
In essence, a handicap 0.0 bet and a draw no bet are the same. A 0.0 handicap bet does not offer a draw option, and neither team has an advantage because there is no handicap (because it is set at 0.0). If you wager on Fulham in this scenario and they win, you will have won the wager. Your money is reimbursed if you wager on Fulham and they draw. If Brighton wins and Fulham loses, your wager is lost.
Double Chance Stakes
A safer double chance wager may be made by betting on outcomes like these, even if a 1X2 bet cannot be placed on two outcomes in a single match: There is no draw; Team B wins; Team A wins; or there is a draw.
This is different from Draw No Bet bets in that the odds are usually lower because there is a greater probability of winning. With double chance bets, you can potentially discover more restrictions.
Advantages And Disadvantages Of Draw No Bet Betting Strategy
There are pros and cons to sports betting options like these and risks when betting using the Draw No Bet market, and each of these aspects manifests itself in a different way based on the circumstances surrounding its application. Think about these advantages and disadvantages of Draw No Bet bets before deciding to use our recommended tactic:
Advantages Of Draw No Bet:
- Your invested money is protected: The tie result is really significantly more often than bettors anticipate, which will surprise them. For instance, a draw happens in football betting around 25% of the time. This implies that there will be a draw in one of the four games. You have a good possibility of losing while picking a winning team if you take the draw into account. You can cast aside your worries about the consequences of a draw by choosing Draw No Bet.
- You’re protected from naive counterattacks: Through unexpected victories and much-needed draws, teams can accumulate points. In such cases, a Draw No Bet shields you against financial loss.
Disadvantages Of Draw No Bet:
- The odds are slightly lower: As the draw option has been removed, there is less chance of lost bets. This means that Draw No Bet odds are lower than with 1X2 bets.
Draw No Bet Betting System Overview
We hope that you now understand the Draw No Bet meaning after our thorough guide prepared exclusively by our betting experts. Bookmakers which offer Draw No Bet betting options are great; it means that losing a bet isn’t an option, so players can wager without having to worry about how a game ending in a draw would affect their qualifying bet placed. Considering that football games end in draws about 25% of the time, the Draw No Bet option can be a good choice or a bad one, depending on how you want to bet!
Don’t forget that Draw No Bets can be placed on a range of sports like basketball, cricket and football on most well-known betting sites. For football and cricket, the best betting platforms usually offer better odds, even on Draw No Bet offers.
By choosing a Draw No Bet strategy, you may protect your stake or even get your stake back in addition to lowering your indicated likelihood of losing. This gives you the freedom to attempt more daring tactics to try to boost your possible wins, including betting on the underdog. It also lets you protect yourself from a really painful loss while it’s happening. A Draw No Bet bet might protect you against what appears to be an impending draw if you notice the difference between the favourite and the underdog narrowing during the game!
All your questions regarding Draw No Bets should be answered after reading this guide, so have fun trying your luck at online betting using the Draw No Bet system. Happy and safe betting!
