You may be reading this because you’ve come across the “draw no bet” or “dnb” betting market in a sportsbook or an article somewhere, and you’re wondering exactly what it means. Bbestsoccertips is ready to explain everything you need to know about this betting market, including where it’s used and draw no bet meaning. Bbestsoccertips.com will also provide you with some examples to help you understand it better. Whatever you decide to do, remember to check out our football betting tips today by using some of the best football betting websites in the UK.
Explanation of Draw No Bet
Draw no bet may sound complicated if you don’t know its meaning, but the truth is it’s quite simple. The betting market is becoming quite popular for those who don’t want to take risks when placing bets. Draw no bet, or “dnb,” allows you to bet on either the “home” or “away” outcome in the three-way market.
You might be wondering what happens with the third outcome that could occur; the possibility of a “draw” has been eliminated. This means that if a draw or tie occurs, your bet will be fully refunded.
When placing these types of bets, don’t expect high odds. It’s likely to have lower odds due to the nature of the betting market and because it’s less risky for the customer. That’s why typically markets like draw no bet and double chance have lower odds compared to match winner or correct score, for example.
Remember that not all bookmakers offer this betting option for various sports, mainly because sports like basketball and tennis cannot end in a draw (due to added time or a single rule being applied, such as tiebreaks in tennis), leaving this betting option only for certain sports, like football.
Some bookmakers may offer the draw no bet market option for the first half and second half of the match, alongside the full-time match market. Below, we’ll provide you with some examples from various sports.
Sports with Draw No Bet Feature
Bookmakers cannot offer draw no bet betting for all sports because not all sports end in a draw. The most common examples of sports that can end in a draw/tie are Cricket and Football, which are also great sports for betting with acca strategies. Sports that can end in a draw/tie and where the draw no bet market can be applied include:
- Soccer (rarely),
- Football.
- Baseball.
- Australian Rules Football.
- Chess.
- Ice Hockey.
- Boxing.
- Horse Racing.
- Various other motor sports.
Remember that some of these sports have specific rules to ensure matches do not last too long, such as tiebreak rules in Tennis. This mainly ensures that matches do not end in a draw, which is why you don’t see the “draw no bet” or “dnb” market option in Tennis or Sumo (where matches are often rescheduled, canceled, or more frequent rests are added if a draw occurs).
Example of Draw No Bet Betting and Outcome
Let’s say you want to bet on a match between Tottenham Hotspur and Southampton. The odds for each outcome of this hypothetical match are listed below:
- Southampton – 20/21 (2.05).
- Tottenham Hotspur – 7/10 (1.70).
If we’re talking about the match winner betting market, the odds would be like this:
- Southampton – 21/10 (3.10).
- Tottenham Hotspur – 29/20 (2.45).
Because the “draw” outcome is eliminated, the odds are adjusted, making it a fair game.
Suppose on the “draw no bet” market we listed above, you bet £20 that Spurs will win the match. If they win, you’ll win $21 and the total amount you’ll get is $41. Where the match ends in a draw, you’ll get your full stake back (£20) and as if you never bet in the first place. If Southampton win the match, you will lose the £20 you bet on the event.
Similar Betting Markets
There are similar betting markets you can try if the bookmaker doesn’t offer the “draw no bet” market. One example of that is the “double chance” market because it still provides you with a similar level of security in terms of percentage as the “draw no bet” market. When placing a double chance bet, you’ll cover two out of the three outcomes in the three-way market, for example:
- Home and Draw
- Home and Away
- Away and Draw
The odds in this type of market won’t be as favorable as the match winner betting market, but if you prefer low-risk betting, this is a perfect choice for you.
Another similar or some might even say equivalent betting market is a variation of Asian Handicap Betting. Only Asian Handicap Betting with a 0 handicap is truly similar to the “draw no bet” market. If the match ends in a draw, you’ll get your stake back. There are various ways to play available when using this technique. At the very least, you’re assured that you’re having fun while doing it.
Frequently Asked Questions about Draw No Bet
What should I do if the bookmaker doesn’t offer cash-out?
You can request the betting market if the bookmaker provides a “request a bet” feature, or you can create a similar outcome by dividing your stake by the decimal odds for a draw. Place the amount you calculate on the event to end in a draw and the remaining portion on your favored team. This essentially mimics the “draw no bet” market.
Can I combine the draw no bet market with accumulator or parlay bets?
Yes, you can.
Will my entire accumulator bet be voided if there’s a draw no bet selection and the match ends in a draw?
No, your accumulator bet will not be voided. This depends on the bookmaker you’re betting with; some may decide to void the entire bet, while others may only void the draw no bet selection and leave the rest of the bet intact.
Conclusion
Draw no bet is a popular betting market, especially when it comes to football betting, and many people like to place these types of bets as singles or combine them in accumulators because of their lower risk. By now, you know what this bet represents and can start incorporating it into your options because who can resist low-risk betting?
See more: Arbitrage Betting explained – How to it for beginners
