Betting 101: Draw No Bet Explained

When joining BetPlays, new bettors might be confused about all the different types of markets and their abbreviations. There’s BTTS, handicaps, double chance, draw no bet, and a variety of other markets on top of that. It can be a lot for bettors to wrap their heads around it, but as soon as you learn the basics, you’ll see how valuable some of these markets are. That goes double for draw no bet betting, which stands out from others as a risk-reduction market.

Everyone knows how frustrating draws can be, and they happen often between evenly balanced teams. Underdogs often go for the draw in soccer and other sports too. Read on to learn more about this risk-reducing sports betting BetPlays market and see how it works compared to other market types.

What Does Draw No Bet Mean?

Draw no bet is a popular BetPlays betting market where stakes are refunded for a draw. DNB betting is a big draw for Canadians, especially in matches where underdogs might pull off a surprise. It’s a different market compared to the moneyline.

With moneylines, you back one team to win the game. Draws result in a lost bet, and they do happen more often than most bettors think. With DNB, you’ll at least cover your losses in full if the match ends in a draw.

To clarify the draw no bet meaning, here’s how it works:

• Win – your bet wins
• Loss – the bet loses
• Draw – the bet is a push/void

With a push, your stake is returned. So, for example, if the match you bet on ends in a draw despite you backing up one of the teams, you get your invested money back. The draw is a no bet, which protects you from losing money like you might in a moneyline.

How Draw No Bet Works (With Examples)

The examples below will show Canadian bettors what is draw no bet and how it works. We’ll use realistic match-ups for the walkthrough, and compare the DNB market to other famous options.

For example, if Barcelona and Atletico Madrid play, you might have Barca as a draw no bet, which protects you in case of a draw. In this scenario, if you choose Barcelona as Team A DNB, you only lose your bet if Atletico Madrid wins.

Draw No Bet vs 1X2 Betting

When comparing draw no bet vs 1×2, it’s important to learn the differences between the bet. It’s a case of risk vs reward. Both markets have many fans in soccer betting and are suitable for different betting styles.

The 1×2 betting market is the most traditional soccer betting pick. With this market, you’re betting on one out of three possible outcomes:

• 1 – home win
• X – draw
• 2 – away win

With 1×2, if the chosen outcome doesn’t occur, the bet loses. So, if you back a team to win and the match ends in a bore draw, you lose your wager. The odds in this market are higher, especially for underdogs, so it’s a higher-risk market in pre-match betting.

The draw no bet eliminates the draw as a losing outcome. Instead of 1×2 betting, you can use the DNB market to recover your stake in case the match ends in a draw.

This added protection makes draw no bet betting a much safer alternative to 1×2, although you lose a bit of value.

Draw No Bet vs Double Chance

Just like with 1×2 betting, bettors must compare the differences between draw no bet vs double chance for fixed odds betting. Double chance betting is designed to lower risk just like draw no bet, but it works differently.

This bet covers two outcomes, for example 1x or x2. A draw still wins the bet, which offers a lot of protection. However, the trade-off is that the odds are even lower than with a draw no bet. DNB betting offers better value while protecting you from an uneventful soccer betting draw.

When Should You Use Draw No Bet?

Draw no bet betting works best in matches where draws are a real possibility. For example, it works well in derbies such as Barcelona vs Atletico Madrid or when Barca plays Real Madrid. Evenly matched fixtures in soccer are ideal for DNB, making it one of the safer soccer bets you can place in these matches.

The market is also popular when backing slight underdogs. If neither team wins, you’re covered in case of a draw. There’s no profit to be made in this case, but the added safety net at least protects you from not losing too much money.

For beginners, draw no bet is kind of a stepping stone to more complex markets. It allows bettors to learn the finesse of betting on sports, and works well for risk-conscious bettors and various betting strategies. It works well in parlay betting, too, where other odds and DNBs can further boost value.

Pros and Cons of Draw No Bet

Pros

• Protects your wager on draws
• Lower variance
• Ideal for beginners
• Great for tight matches
• Can be used as part of a wider betting strategy

Cons

• Lower odds than moneylines and other markets
• Low value without a draw possibility
• Not a great pick for heavy favorites

Final Thoughts: Is Draw No Bet Worth Using?

Draw no bet is a smart and valuable betting option ideal for BetPlays sports betting fans who want to manage and reduce risk without sacrificing value. It’s not hard to understand, and works best for tight soccer matches. It’s an ideal alternative to higher-risk betting such as 1×2, and if used correctly, it can be a valuable tool in a bettor’s arsenal.

Explore the top betting options at BetPlays and put it to the test. From pre-match odds to live betting markets, there’s a lot to check out where this market would fit like a glove.