In the pre-match football betting markets, there are a variety of different options that you can bet on.
One of these is the Draw No Bet (DNB) market, as it allows you to bet on a game without worrying about losing your stake in the game ends in a draw. In this blog post, we will explain what draw no bet means, and how you can cross-reference this market with the other markets.
In this article, we will also show you how you can squeeze a margin using the betting exchanges, so let’s dive in.
Draw No Bet Explained
These days sports betting can be a complicated business, gone are the days when just the traditional 1X2 and few other markets were the choices when having a bet on soccer.
Nowadays a bookmaker will offer betting markets for almost any eventuality, and the draw no bet market is one of these.
Put simply, it is a market where you can bet on the outcome of a game, without worrying about your stake being lost if the match ends in a draw.
So, if you bet on Barcelona to win in the DNB market, and they either win then you will have won your bet at reduced odds to the 1X2 market. The game ending in a draw will simply get your stake back.
However, if the game ends in a Barcelona loss, then you will lose your stake.
Your thought process in taking the draw no bet option will be down to how much of your profits are you willing to sacrifice to know that the stake will be returned if the match was to end in a draw?
On average bettors give up around 40% of potential profits as draw no bet odds generally are the poor cousin of the 1X2 market.
Based on odds of 4.0 in the 1X2 market and 2.80 in the draw no bet market and you had 25 winning bets and 50 losing bets and 25 bets you got your stake back.
You would break even backing at 4.0 and having 75 losing bets, and a loss of 5 points (over 100 bets) by having the insurance of knowing the stake would be returned if the match was a draw.
Because the margins of the draw no bet are in favor of the bookie, you will need an overall high strike rate to secure a long-term profit.
Draw No Bet & Asian Handicap
The draw no bet market is the same as the Asian Handicap (0) market and smart bettors will cross-reference prices across the markets to find value.
All Asian handicap markets eliminate the draw and the +/- goals confused the UK and European punters as online football betting gained in popularity in the early 2000s
Basically; draw no bet and double chance are renamed popular Asian handicap markets that are easy to understand for punters in different regions of the world.
We recommend that you check any draw no bet odds with bookmaker prices on offer in the Asian handicap markets before placing a bet. The quickest and best way to do this is to visit an odds comparison website such as Oddscheker.
Draw No Bet Used in Accumulators
Draw no bet can also be used when placing accumulator bets. An accumulator bet is where you combine several football matches in one bet, and you need all matches to win to receive a payout from the bookie.
If one of the matches in your accumulator bet loses, then you will have lost your entire stake.
Many punters now combine multiple draw no bet options when placing an accumulator bet because of the insurance if a match ends in a draw.
In general, punters tend to avoid backing the draw, opting for home or away instead, and in accumulators placed in 1X2 markets, more often than not its the match that ends in a draw that lets the bet down.
For example: if you placed a draw no bet on four home teams and three won and one match was a draw, then the bet would be paid out as a treble and you will still profit from the bet even though one team didn’t win.
How To Calculate Draw No Bet Odds
We have established earlier in this article that the draw no bet market that bookmakers offer to their customers provides little value.
As bettors, we aim to secure a long-term profit from our sports betting, not being able to understand how you can cross-reference using the 1×2 odds, means on average you may lose out on 9% – 20% in additional profits from the same total stake.
There is a popular match betting strategy known as the 2-Up offer and you could in theory use the principle of draw no bet as an alternative way to play that bookmaker offer.