Draw no bets are one of the numerous betting possibilities that exist today. This type of bet is especially admired by those bettors who do not like to take risks. Those bets reduce the chances of losing money and increase the likelihood of winning respectively. So, if you would like to discover what draw no bet means, then you should go on reading this guide and uncover all the useful information that you need to know about this type of bet.
What Does Draw No Bet Mean?
As far as the definition of draw no bet is considered, it is a kind of bet that is placed on the victory of one of the teams without taking into account the draw. If a game ends in a draw, then you will not lose money with such a bet, but you will receive a refund of your stake.
How Does Draw No Bet Work?
Once you are familiar with what draw no bet is, you should also understand how it works. With this kind of bet, you have two outcomes for wagering and not three like with other bet types. Therefore, you place a punt on the team that you think will win the game. If it wins, then your bet is successful, but if the game ends in a tie, then you will get your bet back. Whereas with other types of bet, you will lose if you place on the victory of one team and a draw happens. So, the only case when you may lose with a draw no bet is when the team you wagered on loses.
What you should also understand about this kind of bet is that they are not proposed for all sports disciplines. The reason for that is that not all sports games may end in a tie. Examples of such disciplines are tennis, basketball, and sumo. In those games, either additional time is given to players or the matches are simply rescheduled. So, draw no bets are usually proposed for such sports kinds as football, cricket, boxing, ice hockey, etc.
Draw No Bet Examples
To illustrate precisely how a draw no bet does work, we will give representative examples below.
Let’s imagine that you want to make a bet on a Premier League match between Crystal Palace and Everton. The amount of money that you will place on the match is $20. The odds for the event are the following:
- Crystal Palace: 1.60
- Everton: 2.10
If you wager on the victory of Crystal Palace, then here are the possible situations that will be advantageous for you:
|Crystal Palace wins||$32|
|Draw||$20 (the whole stake is returned)|
However, if the other team, which is Everton, wins the match, then you will lose your bet because your prediction appears not to be correct. Here is a draw no bet example that will show how much you will lose in such a situation.
When To Use Draw No Bet
If you would like to find out when it is recommended to place draw no bets, then here are some examples for you:
- On a match played by two equal opponents. They will probably play carefully and it is quite difficult to predict who will win. So, the likelihood of a draw in such a match is high which means you are on the safe side.
- On the host team. It is believed that the teams tend to perform better and score more when they play at a home stadium with the support of their fans. That is why the probability of the home team winning is high.
- On the outsider. Sometimes it is worth betting on outsiders because while their opponent may already lose motivation to win, they may start playing better and they have a greater desire to win and fight for points.
What Are The Odds On DNB
Apart from being curious about what draw no bet means, most bettors are interested in the betting odds for this market and how much they will be able to win. Generally speaking, betting odds for such bets are not huge because they do not involve high risk. However, they are higher than the odds for the double chance betting market.
You may calculate the betting odds on the draw no bet market on your own by combining the odds for 1×2 market. You should simply share your stake between both home win and a draw and away win and a draw. Here is the example: if you want to place 100 USD on a certain match with the odds of 2.25 on a home team, 3.40 on an away team, and 3.10 on a draw, then the DNB betting odds are 1.5 for home win and 2.3 for away win.
Alternative Bet Types
If you can’t find a draw no bet in your sportsbook, there are alternative bets that you may place as well. The first one is called 0 Asian handicap which is very much the same as DNB. For such a bet to be successful, one team must win and if there is a tie, you will obtain your stake back. There is also another alternative bet called double chance, but it is a little different. Although you may bet on two outcomes, you still will lose if a draw happened and your stake will not be refunded.
DNB bets are good insurance when you are not certain about the outcome of a particular match and want to feel safe while betting. In this article, we provided you with a draw no bet meaning together with all other crucial details about this form of betting. So, familiarize yourself with this information and start practicing those bets.
Frequently Asked Questions
What Does Draw No Bet Mean?
It is a bet on the victory of one of the teams with a return of the stake in the event of a draw.
How Does Draw No Bet Work?
You need to choose the winner of the match without considering the draw. If you bet on the team to win and it won, the bet is successful. In case of a draw, you will receive a refund of your bet. If the team on which you bet is defeated, you will lose your bet.
What Are Alternatives For Draw No Bet?
The alternatives for such bets are zero handicap and double chance bets.