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What is Draw No Bet

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What is Draw No Bet

Sat Jan 07, 2023 2:43 pm

Seen draw no bet explained (or DnB), at a sportsbook betting sports markets, but you are not quite sure what it is and how it works? In the world of sports betting, the draw no bet market simply eliminates the result of a draw on the three-way options, meaning punters are only left to place bets on either an away or home win.

A draw no bet market is becoming more and more popular amongst risk-averse and savvy punters, and especially among Asian bettors since it offers lots of benefits. And it is because of this that many sportsbooks across the world are offering a draw no bet market. The draw no bet offers punters a way to reduce the chances of placing a losing wager, and it can be used to:

- Trade a favourite in-play when it is losing.

- Back an away team, with the security that a draw offers.

- Protect your betting stake if you believe there’s a reasonable opportunity to land a draw.

Whether you are new to football betting or have been placing bets for the past decades, you will find the following sections helpful. You will not only understand how a draw no bet works but also know some of the sports that feature the draw no bet market, among other things. So keep reading to find out more.

How Does Draw No Bet Work?

At first glance, a draw bet market can seem to be complicated, especially if you do not have any idea what it means. However, the truth is that this type of betting market is straightforward. It is popular among gamblers who prefer not to risk their real cash when placing a bet. A draw no bet provides you with the opportunity to bet either on the away or home outcome on the three-way markets.

As a punter, you’re asking yourself what will happen to the third possible result. Well, the tie option is scratched out. That means if a draw occurs, you will receive your stake in full. When placing this type of bet, you should not expect competitive odds. In most cases, you will find lowered odds because of the nature of this type of market. Also, the bet odds aren't competitive since it has fewer risks for punters.

You should keep in mind that not all bookies offer to provide this betting market for the different sports available, primarily because sports such as tennis and basketball cannot end in a tie. For these sports, special rules are put in places, such as the tiebreaker in tennis or more time is added, so this leaves a draw no bet option for a few sports like football, American football and others.

In addition to the full-time game market, some bookmakers might offer this type of betting market for the first or second half of matches. You will find an example of this betting market below. The example will help you deeply understand the draw no bet market.

What Are the Sports that Feature a Draw No Bet Market?

Sportsbooks are not in a position to offer a draw no bet market on all sports since not all of them end in a tie. Some of the most popular sports that can end up in a tie are football and cricket. Additional sports that can end in a draw and where this type of market can be well-applied are:

Ice hockey.

Australian rules.

Horse racing.

Motorsports.

Greyhound racing.

Cycling.

Boxing.

Chess.

American football.

An Example of a Draw No Bet Wager

If you want to place a bet on a game between Southampton and Tottenham Hotspur, the odds for each of the two results of this match can be:

- Tottenham Hotspur – 2.45 (29/20).

- Southampton – 3.10 (21/10).

Since the tie result is taken away, the odds are lowered significantly, so it is fair. If you choose the draw no bet market and place a stake of £20 that Tottenham Hotspur will emerge the winner, and they win the game, you can win £21, meaning the total winning will be £41. And if the game ends in a draw, you’ll receive your full stake amount of £20. If Southampton wins the game, you'll lose your £20 qualifying bet on the match.

When You Should Pick a Draw No Bet Market?

In order to be on the safe side, you need to know when to choose a draw no bet. You should only pick a draw no bet:

- When you want to bet on an away team.

- When you strongly believe a draw is likely to occur.

The Advantages of a Draw No Bet Market

Below are some of the main reasons why wagering in this sports market is only becoming popular among players across the world.

- Insures Your Stake

As a bettor, you will want to have a certain amount of cash to place a bet on a given market. And at the end, you’ll also want to walk away with a fair chance. If you’re sure about a team or racer being the favourite, there’s a little chance of a draw no bet. The uncertainty that this market creates is one of the best parts about it. And that is why a draw no bet is important for protecting your stake.

- Offers a Great Deal of Flexibility

With runaway favourites, a draw bet option may not be the best choice for you. However, it can serve as a great strategy if you think the outcome will be decided by a small interval. If the two teams competing against each other are evenly matched, a draw no bet option becomes more relevant as it boosts the value.

Final Thoughts

A draw no bet can help you get your stake back or increase your bankroll. With this in mind, you don’t have to worry about losing your hard-earned money. Also, this bet provides you with the option of a more
risk-averse wagering strategy on matches and races where you strongly believe there’s a high probability of a tie. Keep in mind that you will only enjoy a draw no bet when you sign up with a recommended sportsbook.
balls of steele
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Re: What is Draw No Bet

Wed Jan 11, 2023 5:41 pm

For me DNB is perfect for cross market arbs as there are many combination not covered by the alert services. I remember I was taught this technique from BeatBookies, many years ago.
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Re: What is Draw No Bet

Sun Jan 15, 2023 2:53 pm

balls of steele wrote:
Thu Feb 24, 2022 5:41 pm
For me DNB is perfect for cross market arbs as there are many combination not covered by the alert services.
At last you contributed something in the forum. I am analysing my stats and I see DNB taking a vast % of cross market arbs. This is because Europeans are not yet familiar with DNB, at least the mug punters. That is another plus for being a smart bettor, exploiting the ignorance of others.

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