Draw No Bet Soccer
Draw No Bet….What does it mean?
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.
Draw No Bet markets remove one of those outcomes from the equation, to leave just the home win or the away win. If the game you are betting on finishes as a draw, then, as the name of the market implies, there is effectively no bet. Your stake will be refunded and you will be no worse off than when you started. Why not just bet on a straight win? Draw no bet is a relatively recent kind of wager offered by various bookmakers – and it brings a different twist to scoring sports popular with punters, with football being the most obvious example. Draw no bet relates to sports like football where a draw is one of the possible outcomes (unlike, say, tennis where one player has to emerge. Draw No Bet meaning Draw No Bet removes the option of a draw from a bet and allows bettors to bet on either a home or away win. If your selection is successful your bet will win, If the contest ends in a draw, your stake will be returned meaning you neither win or lose.
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 …
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 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
- 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 is a popular betting system that will allow you to streamline your football wagers and make sure that the markets and games you bet on actually pay off. There are many matches and teams to pick from and to make a draw no bet system work – you have to take many moving parts into consideration.
With this said, Draw No Bet can be an exciting way to level the playfield. The bet basically removes one of the possible outcomes in a three-way bet. In other words, a Draw is no longer an option, making for a rather focused experience – i.e. you have to pick a winner.
Draw No Bet Tips – How to Pick a Winner?
Now, to make proper Draw No Bet odds and predictions, you will have to take a lot of things into consideration. Often, goals score and competition stats are at the root of determining whether a team is likely to win or lose.
Leagues have their own unique dynamics. This allows football fans to quickly appraise any situation and direct their bets towards the matches they feel would be paying the best way.
Draw No Bet Soccer Predictions
One way to get ahead in the game is to, of course, analyze the available Draw No Bet odds, which can be a big help. The odds you will find at Soccerwagerz are quite enough to direct you to the best Draw No Bet market, although you will have to do a few other things as well.
First, consider any previews tipsters might have written and put out there. These tipster previews are usually very useful for any bet type, but especially for a Draw No Bet.
Outside of that, you might consider building some more exciting bets. For example, a Draw No Bet accumulator comes to mind, which is great. The Draw No Bet Acca, or even double, is a popular way to boost your returns.
Draw No Bet Strategy
Draw No Bet Soccer
Just like you would approach any other bet type today, betting on Draw No Bet is really just a matter of knowledge. Over the weekend, there are quite a few games that will usually reveal a lot about teams.
Soccerwagerz’s recommendation is to naturally watch these games and see what they have to offer. Pinpointing the performance of teams shouldn’t be too much of a hassle to begin with.
Most Draw No Bet accumulator tips, in fact, will always rotate around the same idea – that you need to know the competitions you are betting on. This is not to say that you should rule out any tips, advice, or professional previews. But to be able to make good full use of any helpful suggestions, you will have to possess the knowledge that actually allows you to tell whether the tip you are about to act upon is really worth your while.