Draw no Bet is a bet on one of the teams to win, which is settled as a "return" in case of a draw. This type of bet is relevant for sports where the regulations stipulate three outcomes - a win for each side or a draw (1X2).
In this article, we will explain what this betting market is all about and give specific examples of how a Draw no Bet accumulator works.
What is a Draw no Bet?
A Draw no Bet turns an event with three potential outcomes (1, X and 2) into an event with two potential outcomes (1 and 2). The settlement of DNB betting is simple and involves these options:
If you place a bet on one of the teams to win on the "Match Winner" market, a draw means you lose the bet. A Handicap 0 offers you insurance in case of a draw, which means you will get your bet amount refunded.
The bettor will, of course, have to “pay” for this insurance. The odds for Draw no Bet are considerably lower than the odds for a bet on the "Match Winner" market.
Draw no Bet: bookmakers symbols in sports betting
The Draw no Bet market is shown as a separate element amongst the match’s markets. It is usually listed under "Main" and "Popular" markets. Often, the full name of the market, Draw No Bet, is used.
When adding an event to the bet slip, the designation "Draw No Bet - team name" is most commonly used.
Football is one of the few sports where DNB betting is used. One out of every four or five football matches ends in a draw. For example, the average draw percentage in the English Premier League from the 2017/18 season to the 2021/22 season is 22.8%.
For an example of Draw No Bet, let's take the World Cup match between the Netherlands and Argentina. We’ll compare the odds for this market with the odds for the "Match Winner" market. In both cases, bets are accepted for the regular time of the match (90 minutes) + injury time.
Draw no Bet
Let's say you believe that Argentina, the favourite in this match, will win. You're prepared to bet £20, but you're not sure which market to choose - Match Winner or Draw no Bet. Let's take a brief look at the options:
Note that DNB betting only takes into account the regular time of the match, unless otherwise stated. Some bookmakers allow you to place a Draw no Bet on the entire match or on individual halves.
How does the DNB work in Aссa bets
We will explain how a Draw No Bet accumulator works separately. When calculating the final odds, all selections are multiplied. For example, the customer has placed a DNB bet on three events with odds of 1.63, 1.44 and 2.02. We multiply those values and get (1.63*1.44*2.02)=4.74. A £20 bet would guarantee a payout of £20*4.74=£94.82, but only if all three of our teams win.
Let's assume the match with odds of 2.02 ended in a draw. If that is the case, then the odds of 2.02 will turn into 1.00. Let's re-calculate, and we get (1.63*1.44*1.00)=2.34. Now the potential payout from a £20 bet turns into £46.94 instead of £94.82 previously.
But if at least one of the selections loses, the bettor loses £20.
Best Sports That Feature Draw No Bet Market
The Draw no Bet market is available for sports that involve the possibility of a draw. Normally, such sporting events are time limited and do not necessarily determine a winner. Therefore, DNB cannot be applied to tennis, motorsports or volleyball.
The most popular sport for applying the Draw no Bet strategy is football. Also, this betting market is available in cricket, Australian football, boxing and chess.
A curious situation is with basketball and ice hockey. In case of a draw in these sports, there are ways of deciding the winner - overtime (basketball) and overtime + shootout (ice hockey).
Bookmakers have a separate approach for these sports. They initially provide two betting options for a win: including OT and not including OT. With the no OT option, a draw in regular time will mean losing a bet. The Draw no Bet format in basketball or hockey has the right to life, as it will provide insurance and a refund in case of a draw.
How to make DNB prediction by Odds?
The odds on the Draw No Bet market reflect the balance of power. Favourites are traditionally given low odds, while underdogs are given high. But if there is no significant difference in the class of the opponents, the odds difference will be small. This might be a good time for the DNB.
If you're planning to place a bet on the Draw No Bet market, look for a situation where all three conditions are met:
Draw No Bet Betting Strategies
The Draw no Bet format is used in the following situations:
Are DNB a good choice for you?
Draw no bet strategy reduces the risk of losing a bet on a win. However, it is very difficult to assess whether the odds drop proportionately with the probability of a draw. If you think this probability is high, it may be better to bet on a draw at the end of regular time with high odds.
DNB is suitable for bettors who prefer betting carefully. Because of the lower odds, you consciously give up some of your potential winnings, but you get extra insurance.
Pros and Cons of Draw no Bet
No, these are two different bets. With a double chance, such as 1X, you win the bet in the event of a win for Team 1 or a draw at the end of the match. With Draw no Bet, you only win if Team 1 wins. In case of a draw, the bet amount is refunded. Therefore, the odds for a Double Chance market are lower than the odds for a DNB market.
Yes. Asian Handicap 0 will produce an identical result as Draw no Bet for each of the possible outcomes (win for your team - win, draw - return, loss for your team - loss).