Draw No Bet Meaning

by Sports betting explained
Updated: 03/12/2021 13:22

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 1×2. 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, but you will lose your bet if the other team wins of course.

The odds on draw no bet markets are lower than the traditional 1X2 market, but, you have the safety of voiding the bet if the result is a draw. You can place draw no bets on pretty much every betting site in the UK, and on popular betting exchanges such as the Betfair Exchange.

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, but, 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 the product manager on BettingLounge and is an experienced iGaming writer who has been working in the industry since 2018.

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