Draw No Bet Meaning
Read our simple guide to understand the draw no bet market, how it can be used, and an alternative market which could offer better value.
Draw No Bet Explained
The Draw No Bet betting market is a bet which removes the outcome of a draw in three-way markets such as 1X2. Draw no bet allows punters to bet on either a home win, or an away win, and if the result is a draw, your stake will be refunded. However, you will lose your bet if the other team wins of course.
For example, let's say that you want to place a bet on Liverpool to beat Manchester City in the Premier League. However, you are worried that the game might end in a draw, but the odds are no good for that market. To cover the bases, therefore, you instead place a draw-no-bet wager on Liverpool to win the game. Speaking of, you can check out the best Premier League odds here.
The odds on draw-no-bet markets are lower than the traditional 1X2 market, as you would expect, but you have the safety of voiding the bet if the result is a draw. You can place draw no bets on pretty much all of the top betting sites in the UK, and on popular betting exchanges such as Spreadex Bet.
How to Place a Draw No Bet
The draw-no-bet market can be particularly useful with football bets, as most punters overlook the draw result despite around 20% of games in popular football leagues ending as a draw. You can use the draw-no-bet market in a number of different scenarios:
- Back an underdog you fancy with the security of the draw
- Backing favourites with large stakes but securing a refund if there is a draw
- Backing a pre-match favourite in-play if they are losing
- Building accumulators that won't lose if a team draws (the selection will void in accas)
If you plan to regularly place draw-no-bet bets, the Asian handicap markets could be a better value alternative. The draw-no-bet equivalent on the Asian handicap line is displayed as 0.0, and essentially acts the same as a draw-no-bet. However, it can often have higher odds than the draw-no-bet market. We recommend checking both of these markets to see which odds are higher before placing your bet.
Steven is an experienced iGaming content writer who has been working in the industry since 2018. He is passionate about sports betting and enjoys writing about all aspects of the industry, including bookmaker reviews, betting tips and strategies, and news and analysis.