Draw no bet has become a popular betting type with both savvy punters and those looking to reduce the risk when betting on the winner of a sports game or event. Being a widely offered market across all the best betting sites, draw no bet is an option worth considering when it comes to sports betting. A draw is often underrated as an outcome, but with approximately 1 in every 4 Premier League football matches ending in a draw, it’s important to take it into account. That’s where draw no bet comes into play.
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This guide will take you through everything you need to know about the draw no bet betting market, from how it works to the best sports to bet on and strategies to use.
Table of Contents
What Is Draw No Bet?
Draw no bet is a betting market that is particularly popular when betting on football, but is also available for many other sports matches and events too.
With the draw no bet market, you are betting on a team or player to win a match or event. However, this betting type removes the option of a draw as an outcome. This means that you have two options for your bet: a home win or an away win. If the sports match or event ends in a draw, your bet is settled as a void, meaning that the betting site will refund your stake in full.
This means that the risk of betting on a winner for the match or event is reduced slightly, as you get your money back if one of the three possible outcomes occurs. Of course, if your selection wins, then you have a winning bet as normal, and if your selection is defeated, then your bet will lose.
With this reduced risk, however, does come slightly lower odds when compared to the three-way match winner betting market. As with all betting types, when considering betting on the draw no bet market, you first have to weigh up the risk, reward, and value that you are comfortable with.
One key thing to be aware of with this betting market is that, typically, it does not include extra time. Some betting sites may have different rules and exceptions so it’s a good idea to check this before placing a bet. This is an important thing to consider when placing your bet as it may change the team or player you back.
Examples Of Draw No Bet Betting
The draw no bet market is a very simple market to bet on. Given that it is most commonly used for football, we’ll focus on this sport for our examples. Here’s how the draw no bet market works:
Let’s say a match between Newcastle and Aston Villa has the following odds in the draw no bet market:
Newcastle 7/5
Aston Villa 5/4
Predicting that Newcastle will win, you place a bet on Newcastle with a wager of €15. Here’s how the three possible results of the match will impact your bet outcome:
Match result
Bet outcome
Financial outcome
Newcastle win
Winning bet
+ €36 (€21 profit + €15 stake)
Draw
Voided bet
€0
Aston Villa
Losing bet
– €15
Sports Where Draw No Bet Is Available
The key part of this market is the possibility of a draw. As not all sports have a draw as a potential outcome, draw no bet is only available on certain sports.
The two most popular sports where a draw is possible are football and cricket. Aside from these, draw no bet is also available for:
Australian rules
Ice hockey
Gaelic football
Rugby
Hurling
Horse Racing
Boxing
Chess
Racing sports
Some sports are more likely to end in a draw than others. For this reason, you will see the odds of the draw no bet market vary widely between sports, giving greater value to this market for some sports more than others.
The Difference Between Draw No Bet And Asian Handicap 0
If you are familiar with different betting markets, you may be wondering what the difference is between draw no bet and Asian handicap 0. It is good to know the difference between the two as Asian handicap 0 can be a good alternative for those sports where draw no bet isn’t available.
Both markets work fairly similarly, with the requirement to bet on a winner of the match or event with the outcome of a draw being removed. Just as with draw no bet, Asian handicap also ensures the refund of your stake should the outcome be a draw.
The only difference is the way the markets work. Asian handicap works by levelling the skills of the players or teams by giving a positive or negative handicap to the favourite and the underdog respectively. However, Asian handicap 0 means that no handicap is given to either team, allowing it to work in almost exactly the same way as draw no bet. Whereas, draw no bet simply removes the possibility of a draw, allowing you to bet on either a home win or an away win without having to look at handicaps.
Tips And Strategies For Draw No Bet Betting
As with all betting types, there are a few tips and strategies to be aware of to help you when placing your bet in the draw no bet market:
Optimal uses for this market:
Given the way this market works, most punters find that the best ways to use the draw no bet market is to:
Back an underdog with the safety net of a draw
Provide protection to your stake if there is a good chance of the match ending in a draw
Know your teams and players
Doing your research to understand the teams or players before a match or sporting event is critical no matter what market you are betting in. Past and recent performance is a great place to start, especially for the draw no bet market. This will help you to identify any patterns that might sway your decision.
For example, one team may have won their last four matches, making them a great option to bet on as the winner of the match. However, their wider track record might not be as great, meaning that draw no bet will provide protection should they not continue on their win streak, resulting in a draw.
Alternatively, a team may have lost their last few games, in which case you know that they probably aren’t a good bet within this market and you will be better off placing a different bet in a different market with better value.
It’s also a good idea to look at head-to-head performance. For example, a team may have won their last four matches, but when paired with this particular opponent, the match has always ended in a draw. This information is crucial for helping you make an informed betting decision and knowing if this is the right market to bet on.
Look at the odds
Due to the reduced risk, the draw no bet market will have lower odds than the match winner market. If you think the outcome of a draw is a high possibility, then the reduced odds are worth taking for the protection of your stake. However, if there is more chance of a particular team winning, then you may be better off betting on the match winner if the odds are higher. Always compare the odds of the two markets and weigh up the level of risk you are willing to take before placing your bet.
Choose your betting site wisely
With a huge selection of betting sites out there, it’s important that you choose the right one. The most essential thing is to check that the betting site is legitimate and fair in their dealings. Once you have narrowed it down to safe-to-use sites, consider the following:
Do they cover the sport and match/event you are looking for?
Do they have the betting market you want available?
Do they have any welcome offers or bonuses available?
Is the site easy to use and navigate?
Do they provide good odds in comparison to alternative sites?
Once you have chosen your betting site and done your research, betting on the draw no bet market is as simple as navigating to the sport you want and placing your bet under the right market.