Draw No Bet is a betting market most popular with football matches where you stake is refunded in full if the final result of a game is a tie. The wager becomes void if things end in a draw. Now that you know what does Draw No Bet mean in betting terms, we’re going to discuss and explain it further, showing you how this type of bet works, what it’s for and much more.
Draw No Bet is most commonly associated with betting on football matches as the beautiful game has a lot of matches that end level. Plenty more than in other team sports anyway. The Draw No Bet meaning is best explained as like the regular match result market, or 1X2 betting, but without a tie included as an option. This is because the wager becomes void if the game finishes drawn. It only applies to the regulation 90 minutes and stoppage time, not game settled in extra time and on penalties.
Now that you understand the basics of what does draw no bet mean in football betting, let’s talk about how it actually works. You visit one of the top online bookmakers in the UK in search of a wager. After scrolling through the markets, you like the look of Manchester United against Chelsea, but a bit of research tells you there have been lots of draws in this fixture down the years.
Past head-to-heads can’t be used in isolation without considering current form, however, so factoring that in you opt for the Draw No Bet market. Backing Man Utd here sees you take shorter odds than are available in the regular 1X2 Premier League betting on the match result, but with the added insurance of your stake refunded in full as cash if the game ends level.
So long as Chelsea don’t win the match, you cannot lose this bet. You either make a profit courtesy of a United victory, or get your stake returned in the event of a tie as Draw No Bet means the wager becomes void. That’s a great position to be in, and a big reason why this particular wager proves popular with punters, especially for football accumulator betting and other multiples.
As already explained, the Draw No Bet market gives you an extra level of insurance that regular betting on a result simply can’t. While that is factored in to the prices offered, it could be helpful to punters when the available odds are better than the Double Chance market on the same team and a draw.
Let’s say you fancy Tottenham Hotspur to get a result at Aston Villa. The Double Chance for a Spurs away win or a draw in the game is odds-on at 7/10 (1.70). Tottenham are odds against at 13/10 (2.30) in the Draw No Bet market, which is a significant difference in price. A £10 stake returns £17 and £23, so there’s £6 difference in profit between the wagers off that bet.
Another potential use of this is combining multiple picks from different events in a Draw No Bet accumulator that will void legs if the relevant game ends level. The rest of the wager still remains, unlike a standard acca where the wrong result means it’s a losing punt. Voiding legs from an accumulator doesn’t result in a refund and they also don’t count towards any returns
We’ve established what does Draw No Bet mean and how it works, as well as what situations it’s useful for. In doing that, it’s inevitable that positives and disadvantages with this type of wager appear. All forms of betting have their upsides and negatives. This one is no definite, so here’s a recap of these for Draw No Bet wagers:
While our focus here is on what does Draw No Bet mean in football, you may also find it’s available on other team sports. The most common other example where this market may be offer is amongst cricket betting options for the simple reason that games are weather dependent. It doesn’t matter if it’s a limited overs league like the IPL or a five-day international Test match, drawn games happen in this sport.
The Draw No Bet option for cricket is there so that your wagers don’t fall foul of the weather. If conditions deteriorate and rain stops play, so finishing games isn’t possible, you don’t lose out in this situation. As climate plays such a major part in cricket, the odds for a draw may change suddenly in a way unlike any other sport.
Aussie Rules football is another example where the bookies may offer Draw No Bet. You don’t see it in American football and other US team sports per se, because they have the Moneyline market which works in much the same way. The availability of Draw No Bet is largely down to the points scoring system and if that makes tied games likely.
As we’ve already seen, there are situations where using the Draw No Bet market makes sense for punters. It’s time to expand on those themes now as our experts discuss the best strategies and when betting this way can be most effective for you…
Any bookmakers that let you wager on football matches are sure to have Draw No Bet as one of their key markets for games. This is because it has links to the regular 1X2 match result betting with the notable exception that you can’t gamble on a tie.
That being said, we always encourage our readers to pick a bookie that suits their personal preferences . And as there is no shortage of bookies to bet on draw no bet, the field is so to speak wide open.
Picking a Premier League game at random, Arsenal play Brighton & Hove Albion at home. The Gunners are 1/3 in the Draw No Bet market, as opposed to 3/4 in the regular betting. Brighton, meanwhile, are 21/10 outsiders, rather than 100/30 in the 1X2 market. Notice how Draw No Bet results in shorter prices, because you can’t bet on the match finishing level.
In the right set of circumstances, certainly. You do get shorter odds, but have to remember your bet becomes void in the event of a draw resulting in a refund from the bookies.
Draw No Bet accumulators are wagers where you combining multiple bets from this market on different games. In the event of one or more leg of your acca ending in draws, those aspects are voided. The bet doesn’t end but carries on and will pay out to you if other legs are winners.
Where the Double Chance market covers two possible outcomes of a match, Draw No Bet lets you back either team and have the bet voided if the game finishes level. That means a full refund from the bookies.
No, they don’t. Any Draw No Bet wager you place covers up to the full-time whistle only, unless stated otherwise.