What Is Draw No Bet And How Does It Work?

This betting market is popular among risk-averse punters. Instead of picking winners, you bet on one team and get refunded if the match ends in a draw. This works for football, basketball, ice hockey, and other sports where draws can occur. All you need is the right sports betting tips.

In sports where winners are decided after overtime, the draw-no-bet market works for regulation time. It can be used on high-profile matches and lower-league betting, which makes it a versatile tool. Understanding the draw no bet meaning is simple, as the possibility of the draw is excluded.

The best way to understand how draw no bet works is with an example:

Once you understand what draw no bet means, you can focus on how it works. It works for any type of sports betting where a draw is possible, so the same principle applies everywhere. Online betting sites will offer this market at significantly lower odds than outright victory. The betting odds are still superior to what you get if you bet on a double-chance market.

The draw-no bet removes the risk of a draw by refunding your stake if the match ends in a tie. It’s calculated by focusing on the win outcomes for either team. Compared to the standard odds for a regulation time win, it pays less, but you don’t lose if the match ends undecided.

Let’s assume you bet on the derby of Manchester and want to bet on Manchester United to win at home. A bookie would offer odds of 3.00 on them to win, 3.20 for a draw, and 2.00 on United to lose. A $100 would deliver wins of $300, but if the game would result in a draw, you would lose the $100.

The draw no bet bears many similarities to the Asian handicap market. The latter also refunds bets if teams win by precisely the number of goals indicated. When having the draw no bet explained, you will sometimes hear people refer to it as the 0:0 Asian handicap. A draw-no-bet strategy is an effective way to mitigate risks and these are the four top options:

The draw-no-bet can be used in many ways to make money betting on football. It is available for 90 immediate results and 45 minutes, as the first-half draw no bet. However, there are more safe alternatives within betting markets to straight-winner markets. Handicap betting offers distinct possibilities. They are both in the classic form and their Asian counterpart.

All sports where draws can occur are a good fit for the draw-no-bet market. Casual punters prefer football when it comes to making money with sports betting. This is due to the many betting options, but other sports are worth considering. Since this is a risk-averse wager, most people prefer to bet on the results after regulation time.

Ice hockey – is defined by the high number of goals scored, especially in the NHL. Some teams have a better percentage in overtime and shootouts but are subpar in 60 minutes. The draw-no-bet market is worth considering if you trust the favorite to win but don’t want to take chances with penalties.

Basketball – matches can’t end in a draw and will continue with overtime until a winner is decided. The draw-no-bet has the advantage of offering almost the same odds as a regular-time win. This is because the chance for teams to be even after four quarters is remote. If you back a favorite and the game is tied, they are not at their best, and the draw no bet can save you.

Football – this is the most popular sport in this market since games often result in draws. You can use it to reduce the number of outcomes to just two at the expense of lower odds.  Half-time draw no-bet markets are less popular because of the low odds. The most common result after 45 minutes is a low-scoring or scoreless draw. When you exclude the most possible outcome, you miss out on a potentially lucrative market and get lower odds.

The draw-no-bet meaning and the way the draw-no-bet works are easy-to-understand concepts. This bet was designed to minimize risks and provide punters with a safety net if the match ends undecided. Ideal for football games and other sports, the draw-no bet should be used in moderation. By using it, players sacrifice bigger odds in exchange for lower risks. The goal should always be to maximize the return on investment and this is done by seeking value in bet odds, above anything else.