What is Draw No Bet? A Detailed Guide to Draw No Bet Betting
You may have come across the term "Draw No Bet" at a bookmaker and wondered what it means. This is a variation of the 1X2 betting market, and in this article, Wintips will explain what Draw No Bet is and how to play it effectively. Let’s explore this betting option at W88 today.
Understanding Draw No Bet
Draw No Bet may sound complex, but in reality, it is quite simple. This type of bet has become popular among bettors who want to minimize risks. In this market, you bet on either the "home team" or the "away team" to win, but the possibility of a "draw" is removed. This means that if the match ends in a draw, your stake will be fully refunded.
Since this market eliminates the risk of losing due to a draw, you shouldn’t expect high odds. The odds will likely be lower because this bet is considered safer. That’s why Draw No Bet and Double Chance usually offer lower odds compared to outright match-winner bets or correct score betting.
For example, if you bet on Manchester United to win with odds of -600, and Chelsea to win with odds of +400, then if the match ends in a draw, the best online bookmaker offers will refund your stake.
It's important to note that not all bookmakers offer this betting option for different sports. Some sports, like basketball or tennis, cannot end in a draw, making Draw No Bet irrelevant. This bet is primarily available for football. Some bookmakers may also provide Draw No Bet options for the first half, the second half, or the full match.
Example of Draw No Bet
Let’s assume you place a bet on a match between Tottenham and Southampton. The Draw No Bet odds for each outcome are as follows:
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Southampton – 21/20 (2.05)
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Tottenham – 7/10 (1.70)
If you were betting on the standard 1X2 market, the odds would look like this:
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Southampton – 21/10 (3.10)
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Tottenham – 29/20 (2.45)
Since the "draw" option is removed, the odds are slightly lower. Suppose you bet £20 on Tottenham to win in the Draw No Bet market.
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If Tottenham wins, you will earn £21 in profit, bringing your total payout to £41.
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If the match ends in a draw, you get your £20 stake back.
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If Southampton wins, you lose your £20 bet.
Double Chance Betting – A Similar Alternative
If your most accurate football prediction site (e.g., W88) doesn’t offer Draw No Bet, you can consider "Double Chance" betting, which provides a similar level of safety. With Double Chance, you bet on two of the three possible outcomes in a match:
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Home win or draw – You win if the home team either wins or draws.
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Home win or away win – You win if the match does not end in a draw.
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Away win or draw – You win if the away team does not lose.
While Double Chance offers lower odds compared to betting on a single outcome, it is a great option for risk-averse bettors. If you prefer safer bets, Draw No Bet is a perfect choice.
Additionally, you can explore bookmaker odds and fixed betting strategies to maximize your profits and make well-informed betting decisions.