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In this article, we will explain exactly what the Draw No Bet market is. We shall explain the differences between this type of bet and a more traditional three-way bet. Give examples of the differences and show how the odds you bet on will be affected by this. We will cover the sports where this type of bet is possible and suggest situations where placing this type of bet might give you the best value.
Draw No Bet means that the option to bet on a draw within a game is removed. So you can only bet on which team you think will win, there will be no option to select a draw. If it is a draw then your stake amount will be returned.
When placing a bet, you will notice the option to bet on a draw is no longer there; instead, you will only have the option to bet on either team to win. If the game ends in a draw, then the bet will be cancelled and your stake will be refunded. Another way to think of this type of bet is that you can only lose money if the team you bet on loses. You only win money if the team you bet on wins. Placing the bet is exactly the same as any other bet.
The odds on the Draw No Bet market on any game will be shorter than the standard match odds. This is because there is less opportunity for the sportsbook to make money. In a standard three-way bet before any favourite is taken into consideration, there will still be three options, and two of those options will be settled as a loss for the bettor and make the sportsbook money.
With Draw No Bet, although there are only two options to bet on, there are three possible results. The sportsbook only makes money on one of those options (your bet loses). It has to refund you on the other (the game ends in a draw). Therefore, as the potential to make money is reduced, so are the odds offered.
Below is an example of the difference between a Draw No Bet and the more well-known win/lose/draw market, also known as the 1x2 market.
We have chosen the upcoming semi-final match in the Women's World Cup between England and Italy.
In the standard Match Odds market:
Compare this to the Draw No Bet market:
As you can see, the odds on both outcomes have been reduced.
So a 100 bet on England to win in the Draw No Bet market, if successful, would bring you 22 profit compared with 53 in the three-way market. Of course, as we explained, if the game turns out to be a draw, you would get your stake back in the Draw No Bet market, but in the standard market, you would lose 100.
Below are the pros and cons of betting on the Draw No Bet market
Well, as with every bet, there is never a guarantee, but doing a bit of research on a match could certainly help you identify when this would be the type of market to bet on.
A few examples would be:
If you believe a game is evenly matched and likely to result in a draw. You could instead bet on one of the teams to win, and if they do great, but if the game does turn out to be a draw, you have lost nothing as your stake is returned.
If you are a fan of accumulator betting and, for example, like to place bets on several favourites to win at short odds to build a bet that adds up to larger odds, Draw No Bet is perfect to bet on instead of the win-lose-draw market. It provides a bit of insurance, as if any of your favourites have a bad day and only get a draw, the bet will be voided and removed from the accumulator. Rules on this may vary from site to site, so it's essential to check that the bet will be removed and not settled as a loss.
When betting on a league or sport that typically has a high number of draws, the Serie A in Italy is known for its high number of draws for example. Additionally, test cricket, especially in rainy England, often results in many matches not being completed, so they end in a draw. Rather than betting on the draw to begin with, you can bet on the team you think is more likely to win, with the safety net that if it's a draw, your stake will be returned
Avoid betting on teams which are firm favourites as single bets. If you are sure the team will win, you are better off placing a traditional bet in the win-lose-draw market, as you will get a better payout.
In the Asian Handicap market, there is an option to bet on a team with a +/- 0 handicap. This market is not just similar it is in fact exactly the same as Draw No Bet. By that we mean if your team doesn't win and instead the game ends in a draw, you will get your stake refunded.
When it comes to promotions and bonuses, it's essential to read the terms and conditions of any offer carefully. This is even more important when it comes to Draw No Bet. As the Draw No Bet market may not be specifically mentioned within the terms and conditions, but the fact that your stake is refunded if the game is a draw could mean it does not count as a qualifying bet for that bonus. If you are unsure after reading the terms and conditions don’t place this type of bet.
Most sites come with a welcome bonus of some kind. Often, this involves placing a bet to qualify for a Free Bet, or it could be to get a bonus on top of your deposit. To qualify for these bonuses, you need to place a qualifying bet of some kind. There is usually a set financial minimum and maximum, and often there are minimum odds requirements. Additionally, sometimes you will find that certain types of bets don't qualify. Each site is slightly different to the next, so make sure you check the terms. Some may say a bet must settle and not be voided in order to be counted as a qualifying bet. It may not mention Draw No Bet specifically, however, if the game ends in a draw and your stake is refunded, it’s entirely possible this could be counted as a voided bet and not count. This could mean you get a chance to place another bet, or sometimes part of the rules are that the bet must be your first bet placed to qualify. In this case, placing a second bet of any kind would not qualify. Overall, unless you are certain it counts, we advise against placing this type of bet on a welcome bonus.
A Free Bet can be a site's welcome offer or a bonus given to existing customers, usually involving placing a bet on a specific match or tournament, and as a reward, you receive a Free Bet. Just like the welcome bonus, read the terms of the offer, as this type of bet could end up not qualifying you for the promotion.
This is the best type of bonus for Draw No Bet. As we touched on earlier, if a game ends in a draw, the bet is often just removed from the accumulator, but the rest of the bet still stands.
When it comes to Accumulator bonuses, these often come in the form of a percentage boost to your winnings for more selections in your accumulator, or a safety net that refunds your stake if one of your selections doesn't win.
The second type of bonus is perfect for Draw No Bet, as if your team draws. If you had placed a bet on the standard 1x2 market, the bet would have lost, and your stake would have been refunded. However, with Draw No Bet, instead, the bet is removed from the acca, and the rest of the bet stands. Of course, it's important, as always, to check the terms and conditions and make sure the Draw No Bet market is not excluded.
Specific sportsbooks will offer enhanced odds on a particular market within a specific game. This could be on the Draw No Bet market. This would yield better returns while still taking into account the possibility that the game could still end in a draw.
It's essential to always gamble responsibly. You should always remain in control of your betting and never look at it as a way to make money. Betting should only ever be considered a form of entertainment. You should never bet more than you can afford to lose, and you should always assume that every bet you place will lose.
You should always look for safer gambling tools on any sites you join and activate them as they will help you to remain in control. If you are in any doubt about your gambling habit, you should stop gambling immediately and seek help. Most sites will have advice on the steps to take. There are many companies that offer support, such as GambleAware and Gamblers Anonymous.
Draw No Bet is an excellent market to use if you're looking to reduce risk when you're unsure whether the team you wish to bet on will win, especially when there are two closely matched teams. Although the amount you can win is reduced, the extra safety net of getting a refund if it's a draw is well worth it in certain situations. Its also an excellent choice when placing accumulator bets as we explained earlier.
No, Draw No Bet only includes the regulation time plus any additional minutes added on for stoppages. So if a cup game was to go into extra time and your team won or lost in extra time, your bet would be settled as a draw as that was the score at the end of regulation time.
Yes, the odds on Draw No Bet will likely be lower than placing a bet in the traditional win-lose-draw market. This is because there is only one outcome in which the sportsbook can make a profit.
No, it isn't. There is one huge difference, in that with Draw No Bet, if the game results in a draw, your stake is refunded; with Double Chance, if the game ends in a draw, your bet wins.
Yes, but not everywhere or in every sport. For this, you will need to do a little investigating, as the availability will vary from site to site. Most big sportsbooks will have this market available.
