What is Draw No Bet: DNB Betting Explained

The 'Draw No Bet' concept is a popular betting method that allows punters to stake their money on a team with a bit of safety net.

Essentially, when placing a 'Draw No Bet', you're staking your money on one team to win the match and if the chosen team comes out on top, you win the bet.

But what makes this method unique is what happens when the game results in a draw as instead of losing your wager, as you would in a traditional bet, a draw results in the stake being returned.

So, in the case of a draw, it's as if the bet never happened. This kind of wager is particularly advantageous in sports where a draw is a likely outcome, allowing bettors to add protection to their bets while still potentially reaping rewards.

Draw No Bet in football Betting

In the realm of football betting, 'Draw No Bet' has a significant role.

As football matches often result in draws, this strategy provides a safeguard for bettors, giving them the chance to recover their stake.

For instance, imagine betting on a Premier League match between Manchester United and Liverpool and a punter places a 'Draw No Bet' wager on Manchester United.

If United win, the bet pays out.

If the match ends in a draw, the punter does not lose their money; instead, their stake is refunded.

However, if Liverpool wins, the bettor loses their stake.

It is also worth noting that if the draw no bet is included in a bet builder or accumulator the leg will merely be voided, should the game end as a draw.

This method adds an exciting twist in football betting, making it more enjoyable and less risky.

The Pros and Cons of 'Draw No Bet'

'Draw No Bet' offers its unique set of advantages and disadvantages that are crucial to consider before placing your wager:

Pros:

• Reduces risk by eliminating the chance of losing money if the match ends in a draw.
• Ideal for cautious punters or beginners in sports betting, as it provides a safety net.

Cons:

• The odds for 'Draw No Bet' are generally lower, leading to smaller potential winnings.

Understanding these pros and cons will help bettors make informed decisions, tailoring their approach to match their risk tolerance and betting style.

'Draw No Bet' vs 'Double Chance': Understanding the Difference

'Draw No Bet' and 'Double Chance' are two popular betting strategies, each offering unique ways to balance risk and reward. Here's a breakdown of their key differences and similarities:

In 'Draw No Bet', the wager is on one team to win, and in the event of a draw, the stake is refunded.

In contrast, 'Double Chance' allows a bet on two of the three possible outcomes, reducing the risk but also the potential payout.

Thus, bettors have to choose the approach that best suits their risk levels and betting style.

Pros and Cons of Draw No Bet

Draw no bets are one of the newer, more popular betting types out there, and open up some handy avenues for players to explore.

This is because it basically turns the football result betting market from a ⅓ swing either way into a 50/50.

If the match ends as a draw it doesn't matter as the stake will be returned, eliminating one of the methods by which players could potentially lose their bet.

It is as simple as that, punters may not have a better chance of winning their bet, but they certainly have a better chance of not losing.

Of course, this does serve to lower the odds of the selections, and in turn any profits, but if players can strike a balance, value can still be found in this market.

Draw no bets are perfect for risk-averse players, as well as helping bettors out when it comes to reducing their potential for loss.

Draw No Bet FAQs

What is the difference between ‘Draw no bet’ and ‘Double Chance’?

Simply put, the difference between these two is:

For a draw no bet, if the match ends in a draw then the stake is either refunded or the leg counted as void.

For double chance, if the match ends as a draw the bet still counts as winner, if the draw option has been selected. But the total odds of this are lower.

We have a full breakdown of the difference between the two above.

Can I cash out a draw no bet?

Yes and no, this answer varies depending on which bookmakers are being used by the punters.

Some allow for draw no bets to be cashed out whilst others do not. This will always be mentioned in the T&Cs and is worth looking into.

Do I get my money back on draw no bets?

Yes, but only if the match ends as a draw. If the game goes this way then the stake of the single will either be refunded, or the leg will be voided in an accumulator.

If the side you backed wins, then your stake is returned as part of the winnings.

If the side not backed wins, then the bet counts as a loss and the stake is lost.

What sports can I bet on draw no bet in?

Draw no bet -covers a wide variety of sports including but not limited to:

• Football
• Rugby
• Boxing
• NFL (American Football)
• NBA (Basketball)