In this bet, a draw is not an option, which means that in the case of a draw, you can get your stake back. As a result, the odds of winning for each team are lower than in the football traditional 3-way betting. This is just similar to the Asian Handicap +0 bet on any given team.
A bet of this type “Draw = No bet” simply means that you place a bet on one team to win the match and if the game ends as a draw, you will get back the amount of the bet that you place. (You see? There is no bet).
It’s a simple bet as you can see. You can bet either Chelsea or West Ham to win the match, while protecting your stake if the match ends in a draw. With the possibility for a draw eliminated from the market, the odds of a DNB bet are lower than if you bet on either team in the 1X2 match result market.
Draw No Bet is a betting market that removes the outcome of a draw on three-way markets, allowing bettors to bet on either a home or away.
This article explains what a Draw No Bet is, provides examples and explains how to calculate your own Draw No Bet odds from the 1X2 markets.
Draw No Bet has become popular among savvy bettors and risk-averse traders as a low-margin two-way market. Many bettors underestimate the likelihood of a draw but looking back at the five Premier League seasons of (2012/13-2016/17), on average 25% of all matches ended in a draw.
The Draw No Bet is a way for traders to reduce the probability of a losing bet :
Draw No Bet removes the option of a draw from the bet and allows bettors to bet on either a home or away win.
If your selection is successful, your bet will win, and if the contest ends in a draw, your stake will be returned meaning you neither win nor lose. Your bet will be a loss if the team you backed is defeated.
By comparison, if you bet on the 3-way market instead of Draw No Bet and the match ends in a draw, you will lose your bet.
As a result of removing the option of a draw, odds on Draw No Bet markets will be lower than that on the 3-way market.
Draw No Bet markets are offered by bookmakers and betting exchanges. However, if there are no markets available, you can also create your own Draw No Bet odds using 1X2 odds.
Betting on a Draw No Bet market is very simple. Let’s say you want to bet on Liverpool against Hoffenheim in the Champions League qualifiers. Liverpool has a 2-1 aggregate lead, and the first game was a tight affair.
The odds on 1X2 have Liverpool win the game at 1.68, however, the odds on the Draw No Bet are :
If you place a £200 bet on Liverpool on the Draw No Bet market with odds of 1.28, your profit will be:
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