Draw No Bet Live
Draw no bet live When it comes to in-play markets what does draw no bet live really mean is that you can take advantage of the data and information you have gained by watching the match so far. But we do have to remind you that sophisticated types of live betting. Draw No Bet meaning Draw No Bet means that if there is a draw in a sporting contest, all bets placed on the draw outcome are refunded without any loss to the players. It is similar to a form of Asian.
Many people have stumbled across the draw no bet market when betting online, and in the most part it seems to be overlooked by the traditional punters who’d rather bet on a team to win outright; most often going for a short priced favourite. Draw no bet betting does exactly what it says on the tin. You choose a team to win, and if the match finishes a draw then you get your money back.
Betting on draw no bet requires you to be rather selective in order to take the value. By value I mean that the odds available for the bet indicate that the seam you pick actually has a better chance of winning than the price suggests. This is where I’m going to broaden your horizons when it comes to finding bets like this.
Getting value with Draw No Bet
There are a couple of ways of finding value when it comes to draw no bet. It can be found before a game has kicked off, or while the game is in play. I’ll go through both scenarios with instructions. Firstly, one of the main criteria of a draw no bet selection requires the odds of both participating teams to be fairly similar.
For an example we’ll use a hypothetical game of Liverpool v Chelsea. Both teams will be a similar price to win the game, so we can more or less guarantee that the price for either side in the draw no bet market will be around 10/11 which is just under even money. These are the games you should look for to gain the best returns should your bet win (remember your stake is returned if the game finishes with a draw.
Here are some examples of what you should be doing to make sure you are getting value:
Betting on Draw No Bet Pre Kick-Off
So, you have two evenly priced teams taking eachother on. The first thing you want to do is find out as much information as you can about the players which are likely to start the match. Are there injuries? Is the captain out? Has there been a virus that’s gone through the team making a number of players unavailable. This is the kind of goldust information that needs to be collected.
Another thing. This won’t be as effective in big leagues like the Premier League, La Liga, Serie A etc. Reason being that bookmakers employ a number of traders to take account of these things and adjust odds accordingly. The rule to making this work is to step off the beaten track a little bit. How? I’m just about to let you know.
Google search is your best friend. As is Google translate. Almost every football team worldwide has a website, and very many also have forums which share a wealth of information about current team situations. Take note: A bookmakers trader will not put as much effort into finding information about smaller leagues. They will pretty much price up the match on the strength of what the league table shows. This is where you gain your edge.
Think Czech u21 games, think Hong Kong games, think non league football, think Latvian football. Bookies will not know as much as you if you put a little effort in. This is my bread and butter and I make regular longterm profits from doing exactly what I’ve written above.
Betting Draw No Bet Inplay
Betting inplay also gives you an edge. If the match is being streamed by your bookie then great, or you may be able to find a shady stream online. More and more bookies are now supplying the punter with inplay stats which show the ebb and flow of the game; recording attacks, dangerous attacks, shots on target and shots off target. It’s very easy to consult these statistics before the bookmakers have had time to react to what’s going on. If you aren’t currently betting inplay then you are missing a trick. Good money can be made with a little commitment and effort.
Combine pre kick off information with inplay information and you have the makings of a very solid bet indeed.
Where to place these bets?
Over the years I’ve built up a great knowledge of where the best places are to bet. These include the best places for live streaming, the best places for range of games, as well as the best places to take a decent sized bet. Here are the accounts you really need if you’re going to make good profits in the longterm:
Coral
Coral are a great bookies to bet with as they aren’t the fastest in the world at updating their odds inplay. Many other bookies react quicker to weight of money, meaning that you could land yourself some lovely juicy prices in the process.
Coral is a well known and respected high street bookie, and they also provide a “Coral Connect” card upon request which allows you to withdraw your online winnings at an Coral branch shop.
When you join Coral bookies you’ll get a nice £20 free bet after you deposit and place a bet of just £5. Bargain!
Get your Coral account nowDraw No Bet….What does it mean?
Draw No Bet Live Chat
Draw No bet is commonly used when betting on sports team matches, and means that punters will get their stake back if the game is a draw. Draw No Bet is not so much a type of bet as a betting strategy. This betting strategy has been adopted mostly by Football punters but can be used anywhere where we have three possible outcomes in a betting event, Rugby for example.
The strategy is to place two win bets on the outcome of a betting event. The first bet is a simple win bet on the team that we believe will Win, and the second bet is also a win bet this time on the Draw. The difference between the two bets is that we stake just enough on the Draw bet to recover the stake on the Win bet if the match ends in a Draw (this is also known as a “Cover” bet).
This type of bet can be used to great effect for example where a team plays away, scores a goal and then plays defensively for the rest of the game.
When a team scores a single goal and then plays defensively there is always a chance of an equaliser. The Draw No Bet strategy really comes into its own during games like these.
Many bookmakers are now offering the Draw No Bet as a betting option where our stake money is returned should the match result in a draw. At first glance this seems like the perfect solution, no complicated maths to work out the stakes.
However, the bookmakers will have built in their over-round of 5{70aeb3532cb26dbe277d25ea128ebb74de84b9bd22e1583b0eb1b73768e061f6} or more into the odds they offer.
We personally prefer to bite the bullet and with some simple maths calculate the stakes and place the bets on Betfair where the odds are without doubt much fairer.
Examples
If Chelsea and Manchester United are playing a match and the score is 1–1, punters who chose “draw no bet” get their money back. If the score finishes 1-2 and they didn’t predict this score or choose the correct winner, they lose their stake.
In simple words, it’s a bet where the draw returns your stake. If the match you have bet ends in a draw, all your money will be returned to you. No profit, no loss.
But let’s look at an example to understand better:
Let’s say that Real Madrid is playing against Barcelona, and you think that Barcelona should win. However you feel that this will be a difficult task, so a draw is possible. You can bet on Barcelona for a Draw No Bet.
If Barcelona win the game, your bet is a winning one. If the game result is a draw, you’re getting back the money you’ve placed for this bet. In case that Real Madrid won the match, you lose your bet.
Draw No Bet – The Traditional Strategy
Let’s say we want to bet £50 on a football game. The odds for the team we want to win are 2.60 and the odds for the draw are 3.60. To calculate the stake for the draw bet we simply divide the amount we want to bet by the draw odds; so in our example £50 divided by 3.60 is £13.89 to be put on the draw.
Take £13.89 from the £50.00 which leaves £36.11 to be put on the win bet (in this example we are betting with the bookies so we do not need to take commission into account).
Let’s see what happens for the various outcomes …
Draw No Bet Live Stream
The match is a draw … we get back £36.11 … £13.89 x (3.60 – 1) – but lose £36.11 on the win bet … we break even.
Our team wins … we get back £57.78 … £36.11 x (2.60 – 1) – but lose £13.89 on the draw bet … we make £43.89 profit… effectively we backed our team at odds of 1.88 (£43.89 / £50.00 + 1) AND we had the insurance of the “Cover”bet on the draw.
The other team wins … we lose £13.89 on the draw bet and we also lose £36.11 on the win bet … a total loss of £50.00.
These returns will drop slightly if using Betfair due to commission, however, this should be offset by the higher odds we can normally achieve.
Draw No Bet – An alternative Strategy
A point worth mentioning is that the draw (“Cover“) bet needn’t be in the same event, it needn’t even be in the same sport. We could bet on our favourite football team for our main bet and have our draw (“Cover“) bet on Andy Murray in the Tennis.
In fact doing it this way means that both bets could win! This cannot be achieved with the traditional Draw No Bet as we are always guaranteed to lose at least one of our stakes.
Let us see what happens now using a fictional Draw bet in another match from the one where our main Win bet is. We shall use the same stakes and odds as in the previous example.
The match in the second event is a draw … we get back £36.11 … £13.89 x (3.60 – 1)
AND …
Our team wins in the main event … we get back £57.78 … £36.11 x (2.60 – 1) – and keep the money we won on the second draw bet (£36.11) … we now make a whopping £93.89 profit… effectively we backed our team this time at odds of 2.88 (£93.89 / £50.00 + 1).
This version of Draw No Bet is definitely one to consider.
Alternatives
If you want to play Draw No Bet and your bookmaker is not offering that type of bet, you can bet with an alternative way, which is exactly the same:
1. Covering the draw: Play the amount you want on ace or double and an extra bet on the draw of the same amount divided by the odds of the draw.
Example:
Available amount: 25EUR
Match Odds: 1 (8.00) X (4.00) 2 (1.30)
Your estimated prediction: 1X
Divide your amount (25EUR) with the odds of the draw (4.00)(25:4.00=6,25EUR)
So, you should bet 6,25EUR on X, and the rest (18,75EUR) on 1.
In case of draw, you’re getting back all of your money (25EUR), exactly as would happen with Draw No Bet. If the result is 1, you’ll get 18,75×8.00=150EUR.
2. Asian Handicap 0: Another alternative way to place a dnb bet if it’s not available from your bookie, is by selecting an Asian Handicap (AH 0) bet οn the team you think has the best chances to win.
Draw No Bet Live Match
Draw No Bet Odds
Admittedly, the odds that bookmakers offer on Draw no bet kind of bets are slightly lower, but this is reasonable. Odds are calculated in a mathematically way that allow bookmakers to hold some profit from the money you bet on X for cover.
In a match with odds 2.40 – 4.00 – 2.40, dnb odds would be like 1.80 – Stake returned – 1.80.
Bookmakers that offer Draw no Bet more often are Bet365, Betfair and Betfred.
Below you can see a comparison of the odds provided by these bookmakers on a particular football match.
Conclusion
Draw no bet is a good way for punters to protect themselves, especially for those who have patience and want a safer kind of bet. Many matches ending in a draw, aren’t they?
PROS
- Many sporting events end up being a draw and this is a way for punters to protect themselves.
CONS
Liverpool Draw No Bet
- Draw no bet is not always available as an option on all or some bets.
- The odds are slightly lower when draw no bet is selected.
This version of Draw No Bet is definitely one to consider.
Draw No Bet is an excellent weapon to have in our arsenal of bets!
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Draw No Bet Live Streaming
Have a great weekend.