What Is Draw No Bet

Draw no bet sounds complicated if you have no idea what it means but the truth is that it's straightforward. The betting market is becoming quite popular among bettors who prefer not to take risks when betting. Draw no bet allows you to wager either on. ‘Draw no bet’ removes the chances of you losing your money when a match ends in draw. Therefore, all you have to do is bet on the winning chances of one of the teams in the game. If you select your team successfully – you win money! If there is a draw, you will get your bet back. Nonetheless, if another team wins – you lose the money.

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.

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.

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

What Does A Draw No Bet Mean

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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The world of sports betting is quite large. There are literally thousands of available markets, from which you can benefit, by founding the best types of bets, which works for you. One of the bets, which makes everything quite easier for you, is the draw no bet, which as its name suggests, is to bet on a team, and in case of a draw, you neither lose or win. Draw no Bet is a market, which can move your online sports betting experience to the next level. In this article, we are going to reveal everything connected with draw no bet, every alternative, how to use it, which events are good for that market, and is it worth it to use it, of course, we are going to give you some tips, which can help you earn even more from that bet.

Draw No Bet - Full Explanation

Draw no Bet is simply a safer bet than 1x2 bet. Draw no bet returns your stake if the team you bet for do not win, but the final result is draw. In case of the other team winning, you lose the bet. And that is, it is that simple, you win if your team wins, if it is a draw you get your money back, and if your team loses, you lose. Let’s see a simple example of the draw no bet market.

Example:

Let’s say we have a match between Bayern Munich and Borussia Dortmund in the German Bundesliga. Let’s say you want to bet for Bayern Munich to win, but you want to make things more secure. So, draw no bet is perfect, let’s say you place a draw no bet for Bayern Munich, so let’s see the possible outcomes.

• If Bayer Munich wins, you win the bet and receive the winnings,
• If the final result is a draw, your stake is returned,
• If Borussia Dortmund Wins, you lose the bet.

What is DNB, and what are the odds for it?

What Is Draw No Bet In Soccer Betting

Actually, DNB is short for Draw no Bet, so every time you see DNB, you should know that draw no bet is meant. As you already know what DNB means, let’s talk about the odds, which are the thing, which a lot of players are asking about. Unfortunately, odds for DNB bets, are reasonably lower, simply because if you win the bet, you get money, and if it is a draw your stake is returned so that in order to equalize things, bookies put lower odds for the DNB markets.

Example:

Let’s again take the example with the match from the Bundesliga, between Bayern Munich and Borussia Dortmund, Let’s say we have odds of:

1 - 2.50, X - 3.50, 2 - 5.00

If we have that odds, the odds for DNB 1, will be approximately 1.85 - 1.90.

As you can see, no matter that the odds are lower, they are still very good for winning a lot, taking into account that the chances for winning are quite higher.

How to make your own DNB markets?

Actually, there are some online bookmakers, who actually do not offer the DNB markets, so that if you are a member of one of them, but you want to place DNB bet, you can create it on your own by using 1x2 markets. You can simply do it by:

Let’s see how to do it.

How to calculate the DNB odds?

Calculating your DNB odds from the 1x2 markets, is actually quite simple and everyone can do it, just by following a simple formula:

1-(1/1X2 draw odds) * 1X2 home odds = DNB odds (for the home team)

By using that simple formula, you can easily calculate your own DNB odds.

How to Calculate the DNB Stake?

After you successfully calculated your own DNB odds, it is time to calculate how much your stake should be. Again, you can do it, by using some simple formula, but here the formulas are two, simply because you should calculate the stake for 1 and for X, so let’s see how to do it.

How to calculate draw stake?

Draw Stake = Total Stake / Odds for a Draw

Home Win Stake = Total Stake - Draw Stake

We simply created our own DNB market, just by using a 1x2 market, so that if you want to place that kind of bet, but your bookie does not offer the market, you can create it on your own, by using the simple formulas above.

When you should use the DNB?

A lot of players, who just started to use the DNB market, are asking the question “When to use the DNB?”. Actually, you are free to use it anytime you want, but let’s see which are the best situations, on which you can use it.

When you want to bet for the weaker team

There are just situations, on which the one team is quite stronger than the other, but you still see some potential in the other one, so the draw no bet is perfect. If you want to take the value from the underdog, but securing if a draw happens, you should use this market,

When a draw is highly likely to happen

The power of the draw no bet is actually when you think a draw is highly likely to happen, but you still want to place a bet for one of the teams. Let’s say we have a match between Real Madrid and Barcelona from the Primera Division. This is a game, where both teams have almost equal chances for winning, so that a draw is very likely to happen. And let’s say you think that Real Madrid will win, but want to secure it, if a draw happens, so that there is where draw no bet comes,

In-play

The next option for using DNB, is actually when a team is losing a game, but it still has a chance for winning, so that you can play a little bit risky and place the DNB market.

Draw no Bet Alternatives

As you already saw, you can easily calculate and make your own DNB bets, just by using the 1x2 market. But, actually Draw no Bet has a lot of other alternatives, which you can use in order to place the exact same market.

Asian Handicap 0

If your online bookmaker does not offer the draw no bet market, one of the best alternatives to it, is the Asian Handicap 0, which is literally the same bet. A lot of people are asking the same question when we are talking about an alternative to DNB “Which is better DNB or Asian Handicap 0?”. Actually, both of them are the same, so that no matter what you bet, it will have the same result, we from bettingy.com will always help you, so that we will give you the tip to always bet on the market, which has higher odds.

Bet on a Draw

Another perfect alternative to DNB is simply betting on a draw. But, you already know the process from the example for calculating your odds for a 1x2 market, which we already give you, but let’s repeat. You need to bet on X the amount, which will return your stake. So, let’s see an example.

Example:

If you have 50 dollars to bet, and you want to secure yourself by putting a draw no bet on a game, which has odds of 1 - 1.80, X - 3.00, 2 - 4.60. How much you should bet for the 1 and for the X.

Draw Stake = Stake/ odds = 50/ 3.00 = 16,666667, so that you should bet 16, 67, in order to return your 50 dollars, in case of a draw,

1 Stake - And the rest of the money, you should place for the 1

Stake for 1 = Stake - Draw Stake = 50 - 16,67 = 33,33

Which are the best online bookmakers for DNB betting?

As we already mentioned, there are some bookies, which actually do not offer the DNB market, and there are some, which offer quite low DNB odds, so that, we are going to recommend you some bookies, which managed to combine the wide variety of DNB markets, with the high odds.

• William Hill - William Hill is for no doubt one of the best online bookmakers for DNB betting. William Hill offers a lot of DNB markets, accompanied by extremely high odds. Also, William Hill even offer a specific bonus offer for DNB betting, which is, bet 10 dollars on DNB and get 30 dollars as a free bets,
• 888Sport - 888sport is as good as William Hill, the bookie offers a lot of DNB betting markets with high odds, also the bookie offers the exact same bonus offer, bet 10 on Draw No Bet and take 30 as free bets,
• 22bet - 22bet is another very good option if you are searching for a DNB bookie. 22bet offers a wide variety of DNB markets, but unfortunately does not offer a specific bonus offer, but do not be disappointed you can still benefit from the other sports betting bonus offers,
• Sportingbet - Sportingbet is one of the bookmakers, which is gaining popularity in all over the world every single day. The bookie is perfect for every single player, who wants to place DNB bets. And you can even take advantage of the 10 pounds backup bet,
• Betway - Betway is again a perfect choice when we are talking about DNB betting. Immediately after you join Betway, you are going to see everything, which you can take advantage of, including the generous bonus offer worth 30 dollars as free bets.

Top 5 Tips for placing successful DNB bets

By now you should already saw, what a Draw no Bet is, when to use it, why to use it, and that it has nothing difficult in it. Actually, DNB can help you a lot, it can increase your profits, and can make your betting journey even better. But, we from bettingy.com, will always make things easier for you, so we are going to give you some tips, in order to maximize DNB profits.

1. Always search for the highest odds - You already know that the Draw no Bet market has a lot of alternatives, you also know how to make your own DNB, so that we strongly recommend you to use that and find the highest odds, or even create your own DNB bets with high odds,
2. Learn How to Find Value DNB Bets - Sometimes, DNB bets can be very useless. It is never good to place bets on a strong favored team, by securing yourself with a draw, which means you are going to catch an odds of less than 1.20, which is more than not worth it to bet, so that find only value DNB bets,
3. Never Place all of your Money on DNB - Most of the time, DNB bets are placed on games, which are quite hard to be predicted, so the chance of both teams winning and also for a draw to happen are almost equal. So that, no matter that DNB makes your chances of winning higher, never put all of your money, simply because the chance for losing is small, but is still there,
4. Always make calculations - There are a lot of players, who just place DNB bets without making any research, which leads to unsuccessful bets. You should always make calculations, in order to see exactly how much you will win,
5. Place DNB bets on live games - Draw no Bet market is perfect for in-play betting, simply because you watch the game and make your predictions, based on what you watch. DNB can be very helpful if the game is not running as you expected, and the chance for a draw to happen is big, but you still believe that someone will win.

What are the advantages and disadvantages of Draw no Bet betting?

As you already know what DNB betting is, how to use it, and where to use it, let’s see if it is worth it. Actually, the DNB betting has a lot of advantages and disadvantages, this market is actually not for everyone. And in order to take advantage of it, you should know exactly how to place it. Now, let’s see all the advantages and disadvantages of the Draw no Bet market, in order for you to decide if it is for you or not.

Advantages:

• Draw no Bet Insures your bet,
• Draw no bet is perfect for risky bets, where chances of both teams to win are quite equal,
• Draw no bet is perfect for games, where a draw is very likely to happen,
• Draw no bet will return your stake if a draw happens,
• Draw no bet increases your chances of winning a lot,
• Draw no bet is a perfect strategy, which you can follow to become successful in betting.

What Is Draw No Bet Option

Disadvantages:

• Odds for Draw no Bet markets are quite lower,
• You are not winning any money if a draw happens.

Frequently Asked Questions

Q: What is a Draw no Bet?

A: Draw no Bet is simply a wager, which makes your chances of winning on the traditional 1x2 markets higher. When you place a Draw no Bet, simply when a draw happens your stake is returned.

Q: What is a DNB?

A: DNB is the short of Draw no Bet?

Q: What happens if I place a DNB and the game ends draw?

A: When you place a DNB bet and the game ends a draw, your full stake is returned, so you neither win, neither lose.

Q: What should I do if my online bookmaker does not offer the DNB market?

A: One of the biggest advantages of the DNB market, is that it has a lot of alternatives, which you can use. For example, you can find an Asian Handicap 0, or bet on a draw. You can see more information about that, above in the article.

Conclusion

Nowadays, there are a lot of available online bookmakers on the market, which are trying to give you the best. So that, you can place bets on a wide variety of different markets, which can earn you a lot of money for no time. One of those markets is the Draw no Bet, which actually increases your chances of winnings, just by removing the draw option.

Draw No Bet Explained

When you place a draw no bet, if a draw happens, your stake is returned. After you read all the information in the article, you should know what a DNB is, when to use it, how to use it, which are the best online bookmakers for DNB betting, so that you should not waste even more time, and start betting.

Enter the world of bookmakers

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