What Is Draw No Bet

  

Patrick van Aanholt was subjected to disgusting racist abuse after Man Utd draw. The perpetrator branded Van Aanholt a 'monkey' after an unsuccessful bet. No one, or no one comment, is going. Draw no bet or DNB is a type of wager that most sports betting sites have in their offer. Still, there’s a large number of bettors who have no idea how this betting market works. What does draw no bet mean? How to make these sorts of bets and where? Draw No Bet Explained. One of the most striking things about online and mobile football betting these days is the sheer number and variety of different markets available. One common example is Draw No Bet. Having so many ways to bet is a good thing. But often, the betting apps don’t explain exactly what these different markets mean, or how.

Draw No Bet….What does it mean?

Draw No bet is commonly used when betting on sports team matches, and means that punters will get their stake back if the game is a draw. Draw No Bet is not so much a type of bet as a betting strategy. This betting strategy has been adopted mostly by Football punters but can be used anywhere where we have three possible outcomes in a betting event, Rugby for example.

The strategy is to place two win bets on the outcome of a betting event. The first bet is a simple win bet on the team that we believe will Win, and the second bet is also a win bet this time on the Draw. The difference between the two bets is that we stake just enough on the Draw bet to recover the stake on the Win bet if the match ends in a Draw (this is also known as a “Cover” bet).

This type of bet can be used to great effect for example where a team plays away, scores a goal and then plays defensively for the rest of the game.

When a team scores a single goal and then plays defensively there is always a chance of an equaliser. The Draw No Bet strategy really comes into its own during games like these.

Many bookmakers are now offering the Draw No Bet as a betting option where our stake money is returned should the match result in a draw. At first glance this seems like the perfect solution, no complicated maths to work out the stakes.

However, the bookmakers will have built in their over-round of 5{70aeb3532cb26dbe277d25ea128ebb74de84b9bd22e1583b0eb1b73768e061f6} or more into the odds they offer.

We personally prefer to bite the bullet and with some simple maths calculate the stakes and place the bets on Betfair where the odds are without doubt much fairer.

Examples

If Chelsea and Manchester United are playing a match and the score is 1–1, punters who chose “draw no bet” get their money back. If the score finishes 1-2 and they didn’t predict this score or choose the correct winner, they lose their stake.

What is a draw no bet

In simple words, it’s a bet where the draw returns your stake. If the match you have bet ends in a draw, all your money will be returned to you. No profit, no loss.

But let’s look at an example to understand better:

Let’s say that Real Madrid is playing against Barcelona, and you think that Barcelona should win. However you feel that this will be a difficult task, so a draw is possible. You can bet on Barcelona for a Draw No Bet.

If Barcelona win the game, your bet is a winning one. If the game result is a draw, you’re getting back the money you’ve placed for this bet. In case that Real Madrid won the match, you lose your bet.

Draw No Bet – The Traditional Strategy

Let’s say we want to bet £50 on a football game. The odds for the team we want to win are 2.60 and the odds for the draw are 3.60. To calculate the stake for the draw bet we simply divide the amount we want to bet by the draw odds; so in our example £50 divided by 3.60 is £13.89 to be put on the draw.

Take £13.89 from the £50.00 which leaves £36.11 to be put on the win bet (in this example we are betting with the bookies so we do not need to take commission into account).

Let’s see what happens for the various outcomes …

The match is a draw … we get back £36.11 … £13.89 x (3.60 – 1) – but lose £36.11 on the win bet … we break even.

Our team wins … we get back £57.78 … £36.11 x (2.60 – 1) – but lose £13.89 on the draw bet … we make £43.89 profit… effectively we backed our team at odds of 1.88 (£43.89 / £50.00 + 1) AND we had the insurance of the “Cover”bet on the draw.

The other team wins … we lose £13.89 on the draw bet and we also lose £36.11 on the win bet … a total loss of £50.00.

What Is Draw No Bet Accumulator

These returns will drop slightly if using Betfair due to commission, however, this should be offset by the higher odds we can normally achieve.

Draw No Bet – An alternative Strategy

A point worth mentioning is that the draw (“Cover“) bet needn’t be in the same event, it needn’t even be in the same sport. We could bet on our favourite football team for our main bet and have our draw (“Cover“) bet on Andy Murray in the Tennis.

In fact doing it this way means that both bets could win! This cannot be achieved with the traditional Draw No Bet as we are always guaranteed to lose at least one of our stakes.

Let us see what happens now using a fictional Draw bet in another match from the one where our main Win bet is. We shall use the same stakes and odds as in the previous example.

The match in the second event is a draw … we get back £36.11 … £13.89 x (3.60 – 1)

AND …

Our team wins in the main event … we get back £57.78 … £36.11 x (2.60 – 1) – and keep the money we won on the second draw bet (£36.11) … we now make a whopping £93.89 profit… effectively we backed our team this time at odds of 2.88 (£93.89 / £50.00 + 1).

This version of Draw No Bet is definitely one to consider.

Alternatives

If you want to play Draw No Bet and your bookmaker is not offering that type of bet, you can bet with an alternative way, which is exactly the same:

1. Covering the draw: Play the amount you want on ace or double and an extra bet on the draw of the same amount divided by the odds of the draw.

Example:
Available amount: 25EUR
Match Odds: 1 (8.00) X (4.00) 2 (1.30)
Your estimated prediction: 1X

Divide your amount (25EUR) with the odds of the draw (4.00)(25:4.00=6,25EUR)
So, you should bet 6,25EUR on X, and the rest (18,75EUR) on 1.

In case of draw, you’re getting back all of your money (25EUR), exactly as would happen with Draw No Bet. If the result is 1, you’ll get 18,75×8.00=150EUR.

2. Asian Handicap 0: Another alternative way to place a dnb bet if it’s not available from your bookie, is by selecting an Asian Handicap (AH 0) bet οn the team you think has the best chances to win.

Draw No Bet Odds

Admittedly, the odds that bookmakers offer on Draw no bet kind of bets are slightly lower, but this is reasonable. Odds are calculated in a mathematically way that allow bookmakers to hold some profit from the money you bet on X for cover.

In a match with odds 2.40 – 4.00 – 2.40, dnb odds would be like 1.80 – Stake returned – 1.80.

Bookmakers that offer Draw no Bet more often are Bet365, Betfair and Betfred.

Below you can see a comparison of the odds provided by these bookmakers on a particular football match.

Conclusion

Draw no bet is a good way for punters to protect themselves, especially for those who have patience and want a safer kind of bet. Many matches ending in a draw, aren’t they?

PROS

  • Many sporting events end up being a draw and this is a way for punters to protect themselves.

CONS

  • Draw no bet is not always available as an option on all or some bets.
  • The odds are slightly lower when draw no bet is selected.

This version of Draw No Bet is definitely one to consider.

Draw No Bet is an excellent weapon to have in our arsenal of bets!

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A Draw No Bet is a wager that is found in football betting. While the purpose is still to select a team to win a fixture, the bet offers some insurance by returning the invested stake if a draw is produced.

Draw No Bet meaning

A Draw No Bet means simply that the bet which you have struck for backing the winner of a football match becomes void if the game ends in a draw. The entire stake gets refunded in such an instance.

How does a Draw No Bet work?

What Is Draw No Bet In Betway

The basis of the Draw No Bet is still the same as picking a winner in a 1×2 market. You pick the team that you want to win. However, with backing the team as a Draw No Bet option you have the coverage of the stake coming back to you if your team does not win or lose.

In a 1×2 market, you back the Home Win (1). That means the other two outcomes will cause your bet to lose. However, because in a Draw No Bet the draw would return your lost stake, it leaves you with the scenario of only the other team winning to totally cause the bet to lose.

So basically, only one outcome (instead of two) would cause the loss of the stake. Because of that extra insurance which rides on the bet, the odds are naturally going to be shorter as opposed to backing them in the match outright. Here is an example.

The odds in the match outright are:

Manchester City 5/4
Manchester United 21/10
Draw 5/2

You think that Manchester City will produce a win in the game but they are away from home and it is still a tough fixture for them. So you’re a little unsure about them pulling out a victory but they still looked the more likely of the two to do so. So in backing a Draw No Bet on Manchester City at 4/6 odds, it means you have a small contingency. If Man City win, you are paid out at the 4/6 odds, if they draw you get the full stake refund. If they lose the stake is lost.

Soccer Draw No Bet

A winning example of a Draw No Bet in Football

So you back Manchester City at 4/6 Draw No Bet to beat their rivals United in a big derby match. You play a £10 stake on this wager. Manchester City go out and collect a victory in the game and that means that your bet is paid out in full. The return from a £10 stake on 4/6 odds is £16.67 including the stake returned.

Just in comparison, if you had backed City in the match outright at 5/4 odds for the same £10 stake, that would have been £22.50 return. So it’s down to the punter to gauge whether the sacrifice in odds is worth the extra insurance the bet brings.

Losing example of a Draw No Bet in Football

Again, backing a Manchester City Draw No Bet at 4/6 odds in our example game. The Citizens can’t manage to get things right on the day and it is Manchester United who claims the three points. That means that your bet on Man City is totally lost. The only way that the stake would have been returned would have been if City had come up with an equalizer in the game.

Draw No Bet Strategy

This can actually be a very useful tool in football betting when there are close games. The odds above are taken from an actual game where the Draw No Bet on Manchester United was at 11/10. The thing about backing an underdog in this type of bet is that it does at least offer the coverage of the stake coming back if they don’t pull off a win.

Libertyslots com. But still at the end of the day, how likely is the underdog to win the wager and return profit, which is the whole point of betting? As soon as you start looking at one-sided games, then the odds on the Draw No Bet for the favorite are not going to be worth it. So it is those more evenly matched games where the true value of a Draw No Bet option comes into play.

It can be a difficult betting market in which to find real value in. That is because of the insurance that comes in the very nature of the bet. The bookmaker is not going to give that away for free. You will generally find fairly low odds on offer for this bet.

Can you place a Draw No Bet Accumulator?

It is possible to create a Draw No Bet accumulator. If a selection in a Draw No Bet Acca only draws then that bet becomes void. So if you started out with a four-fold Acca and three of the legs won, but the other game ended in a Draw, that would knock the accumulator back to a treble.

How to place a Draw No Bet on Bet365?

The Draw No Bet market at Bet365 for a given football match is down towards the bottom of the commonly used markets available. it will simply present you with the two teams and the odds for each of them to be covered. It’s always worth going back and looking at the outright winner market and weigh up how much in odds you are giving up for that insurance.