What does Draw No Bet mean?
You’ve probably seen the ” Draw No Bet” option when looking at the markets for a sporting event. The name of the market pretty much suggests what it’s about, but in today’s article we’re going to look specifically at this type of bet and everything you need to know about it – how it works; how to use it effectively – tips and examples of how to use it best.
This bet eliminates a draw as a possible outcome. If the match does not produce a winner and you have used the DNB market, your bet on it will be returned to you, and if you have played it in a column with other sporting events, it will be voided or calculated with odds of 1.00. Simply explained – Draw No Bet is a type of insurance where if your team does NOT win, but also does NOT lose the match, then your bet will be refunded.
Let’s look at an example of a Draw No Bet. The match is between Real Madrid and Liverpool in the Champions League. The odds are 2.00 for Real Madrid to win, 3.00 for the tie and 4.00 for Liverpool to win. In comparison, the odds at Draw No Bet are – 1.40 for Real Madrid and 3.50 for Liverpool. A bet of €100 for Liverppol will bring you a profit of €350 , and a bet for the same amount in favor of Real Madrid will bring you €140 profit. In case of a draw, you will be refunded. In case your team loses the match, you will also lose your bet.
Make sure to read our article about Handicap in betting. It can be applied on multiple sports.
Types of betting systems Draw No Bet
The Draw No Bet market can provide you with great chances of good winnings if you successfully apply any betting system. The risks with DNB strategies are low as you have the “hedge” on a draw. Read our review for information about Hedging in sport bettings .
Draw No Bet is best suited for use on difficult to predict matches, also known as “triples”. A good strategy is to use a DNB bet on a derby in which, at least at first sight, there is no clear favorite, but based on your observations, information and analysis you think one team has a slightly better chance of winning. Then a kind of “insurance” will in any case not be superfluous and minimize the risks.
“Draw no bet” markets are suitable not only for “singles” but also for “Straight column”. The unwritten rule is to always run only 1 match, no matter if you have played a column of 2-3-5-10 matches. This is the biggest pain of any active player. That’s why DNB betting in Straight Column is a good option to reduce your risks and increase your chances of winning at least percentage wise. As we already noted – in case of a draw, when you have played the match in combination with other bets, it will be marked as void and the rest of the column will be paid.
Tip.
Keep in mind that the odds for the No Bet Draw market can vary significantly from one sports betting site to another. So, it would be to your advantage to cast an eye over what each bookmaker offers and then decide where you will find it most profitable to play. There are plenty of odds comparison sites between bookmakers that will save you the time of searching for the best prices on Draw No Bet.
Which are the most suitable sports for the Draw No Bet market
This is the place to note that bookmakers do NOT offer the DNB option for all sporting events. The reason is simple – in some sports, such as volleyball, tennis or basketball, it is played to a win and a draw is not possible. The most popular sports for “No Draw Bet” are football and hockey, and besides these you can also bet this way on Rugby; American Football; Chess; Cricket; Boxing and Futsal.