Draw no bet explained - guide & tips
Today we will have a look at a draw no bet market, how it's defined, and how it compares to some of the other markets in football gambling. You may also hear it called Dnb betting, but it is the same market.
How does draw no bet work?
A draw no bet or Dnb wager is simply when you bet on a specific team to win, but you receive your stake back if the result is a draw. There's nothing else to it; all you need to do is make sure that you select the right team. There are no other stipulations or anything else to look out for. When it comes to the draw, no bet means: you’re basically betting on two outcomes instead of one.
Draw no bet example
Let’s say you’re betting on Man City to beat Arsenal. We’ll use the odds of 2/1 for Man City to win the game as a single bet, so it’s easy to calculate. In this example, if you place €10 on Man City, you will win €20 and get your stake back.
However, in the event of a draw no bet, for Man City, it factors in the odds of a draw too. Combining it makes the odds shorter, let’s say ½. Therefore, if you bet €10 on this outcome, you will receive a lesser amount of €5. If Arsenal wins, you lose your whole stake. Usually, it’s rare to find a draw no bet market with a better chance of evens, unless you’re betting on a seriously ranked outsider.
This is a simple draw no bet example to give you a general overview of how they work, however a lot more goes into the oddsmakers establishing these markets. If you combine these individual games, as with any football market, the likelihood decreases, increasing the potential return. A draw no bet on accumulator betting works like any other accumulator and combines your bet, multiplying the odds.
Draw no bet betting vs Asian handicap
Asian handicap betting, also known as spread betting, is one of many markets to have flourished due to the latest technology. Asian handicap betting looks at the form of each team, (or the likelihood of each team winning) and factors in winning margins to provide better value. For example, let’s say Liverpool is playing Everton, their local rivals –a team that has only beaten them twice in 24 years at home.
Their previous form strongly suggests Liverpool will win, as will the position of both teams in the table. So, you may only get odds of 1/3 or ¼ for Liverpool to win. However, if you have Liverpool at a +3, then they need to win by three goals for your bet to come in. This could mean a score of 3-0, 4-1 or 5-2. The margin could be more too, but this is the minimum requirement. In this event, you’re not just betting on the team, but on a general outcome too. So if you fancy a one-sided defeat, Asian handicap betting might be a market for you to consider.
Similar to a draw no bet market, you’re offered the chance of multiple markets, which is one of the significant advantages of both. However, particularly in the case of Asian handicap betting, your pick could win the game convincingly, but your bet still might not be a success. Likewise, you could feel as if you cover all the bases with your draw no bet, but the one possibility you haven’t covered could be the game’s outcome, so both have unique risks.
How to place a Dnb bet on LeoVegas
You can select your desired game once you have browsed the available football betting markets at LeoVegas. As discussed in the previous section, you can combine your selections if you want to place a draw no bet on accumulator. By selecting the specific event, you can also explore other markets available for the match, whether pre-game or in-play.
LeoVegas's interface is easy to navigate, and once you have selected the football betting section, you can choose each game specifically. You can combine as many or as few bets as you wish as part of your Dnb bet. The same applies if you're looking at other markets too. Simply select your sport and Dnb bet, then find other markets and combine them with your Dnb bet if you wish to build an accumulator bet.
Good to know
Although we have used football as the primary example, it is only because it is a massive chunk of the Dnb betting market. It is such a considerable portion of it that other markets that use it are much smaller. The only other notable ones are boxing, cricket and occasionally NFL. However, draws in these sports are much rarer than in football.
It would be best to implement responsible gambling regardless of the market you choose. You can explore all niche football betting markets by ensuring you don't spend too much time or money when you gamble. This is important to note and should apply to your draw no bet strategy, as well as any sports bet you look to place.
While a draw no bet market might give you a broader scope, and potentially less chance of losing your money, it's no guarantee. As we have stated, ensuring you manage risk effectively revolves around using money you can afford to lose and setting time limits. A specific way to bet isn't going to guarantee a profit.
Summary
Exploring new markets is what keeps football betting interesting. A draw no bet isn't a new market that has emerged because of the internet. However, much like dozens of other football and broader betting markets, the profit has exploded exponentially due to mobile betting and digital gambling.
A draw no bet is popular because it covers more than one outcome. In a closer game where you believe one team has a slight advantage, a draw no bet can effectively cover that risk. It also gives you more options and a bit more breathing space if the team you bet on to win the game takes an early lead, which is the whole purpose of the market.