Bettors often select a draw-no-bet option when wagering on sports. In this guide, you can find out what this betting💶 market means, how to use it and strategies.
What is a Draw No Bet?
Draw no bet means you wager on one💶 team to win a match, but your stake is refunded if it ends in a draw.
This market works as insurance💶 in case your bet does not come in. However, if you back one team and they lose the match, then💶 you lose your stake.
Often, the favourite’s odds in DNB betting decrease compared to outright matchwinner wagers. But odds for the💶 outsider generally increase with the draw-no-bet market.
For instance, if Man City play Bournemouth, the odds for a Man City win💶 outright might be 1.2. Then with draw no bet odds applied, they might decrease to around 1.0 or lower.
If teams💶 are more evenly matched in an upcoming fixture, then the odds are likely to be more competitive in the draw-no-bet💶 market.
Draw No Bet Example
In this section, you can find some real-life examples to illustrate the draw-no-bet explained in sports betting.
First,💶 if Arsenal are playing Liverpool you might place your stake on an Arsenal DNB. If Arsenal win the match, you💶 receive your full payout including your stake.
However, if the result is a draw, you only receive your stake back from💶 the DNB market. If Liverpool wins the fixture, you lose the bet and stake.
When you select the draw no bet💶 betting option, you will also notice that you can only bet on home or away outcomes. There is no option💶 for a tie-in draw no bet betting because this match outcome is eliminated, leaving you with just two options.
Sports featuring💶 DNB
If any sports match can end in a draw between the two competing teams or players, then the draw no💶 bet market is available.
While football is the most common option in the draw no bet market, it is also available💶 for many other sports and events:
American football
Australian rules
Boxing
Chess
Cricket
Horse Racing
Ice hockey
Rugby
Soccer
However, draw no bet odds will vary widely depending on the💶 sport. Draws are more common in some sports than others, so this will impact the available odds and frequency of💶 this betting market.
How to Calculate the Potential Winnings of a Draw No Bet Wager in Sports Betting?
You calculate draw no💶 bet odds in the same way as an outright matchwinner bet. If a bookmaker is offering draw no bet odds💶 of 1.3 for Man City at home vs Man United, this means you will get 1.3 x your wager.
Therefore, if💶 you outlay 10,000 NGN on this wager, you could get 13,000 NGN back if the bet wins. If a draw💶 occurs, then you only get the original stake refunded and if City loses, you get no returns.
What Are the Common💶 Mistakes to Avoid When Placing a Draw No Bet?
Here you can find some tips on what to avoid when drawing💶 no bet betting.
First, never bet blindly without looking at team form or the league table. Judging recent team performance can💶 show you who the favourite is and why. For example, if the home or away team has won their last💶 five matches, they are a solid choice. However, if a team has lost their last three, it is likely they💶 are out of form and may have little value in the DNB market.
Also, only use this betting market if the💶 odds are better than an outright win. Players sometimes commit to a DNB market without checking the matchwinner markets first.💶 Always take a few minutes to compare the difference between each betting market.
Lastly, try to be consistent with your betting💶 strategy and change when necessary. Sometimes bettors become frustrated when losing and then make rash decisions.
Try to use the information💶 provided pre-match to make a knowledgeable choice and look for trends and patterns in results. Ultimately, this free-to-find information can💶 help you make consistent and informed choices to avoid random draw no bet betting activity.
Frequently Asked Questions
What is the best💶 odd for a draw no bet?
Draw no bet odds vary between betting sites and the teams competing. Often, you get💶 the best odds when two similarly matched sides face each other.
What happens to my bet if the game ends in💶 a draw in a draw no bet market?
In this case, your stake is refended, but you do not win your💶 original bet.
Can you cash out on a DNB?
Many bookmakers offer a cash out function for a range of sports betting💶 options, including for the DNB market. However, always check the provider’s terms and conditions before committing to a wager.
Is draw💶 no bet the same as double chance?
No, a draw no bet is when you get a stake back if your💶 chosen team doesn’t win and the result is a draw. Double chance is when you back two outcomes under one💶 stake, such as home or away win or draw.
Does DNB include extra time?
Generally, this bet is not included in extra-time💶 scenarios. However, you must check with your bookmaker first as each brand has different rules and exceptions.
Can I combine a💶 “draw no bet” market with other types of bets in a sports betting accumulator?
Usually, the top betting providers offer accumulators💶 or bet builders where you can combine wagers. As the DNB market is popular, players can often include this in💶 their selections with matchwinners, under/over, etc.
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