Draw No Bet is a popular bet with sports which have three outcomes and can increase your chances of winning by removing the option of a draw.
In this article, we’ll be looking at:
Draw No Bet is a bet which you can place at the vast majority of bookmakers and essentially takes the risk of the event ending in a draw away.
Draw No Bet is most commonly used on football matches but can be used on any event which has a win-draw-win outcome such as Rugby.
When placing a Draw No Bet bet, there are still three possible outcomes but the returns are different compared to placing a standard bet.
Example: We’ve received some betting tips for England At the World Cup and want to place Draw No Bet on England vs Iran.
Here are the possible outcomes:
If we were to place a standard win bet on England, we would only see a return if England won the game. However, with Draw No Bet, we receive our stake back if the match ends in a draw. Therefore, the only way we will lose money is if Iran win the match.
Well, there isn’t one really other than you will receive lower odds compared to placing a standard win bet. This is because of the ‘insurance’ of receiving your stake back if the match ends in a draw.
As mentioned, any event which has a win-draw-win outcome is suitable for Draw No Bet. However, some sports are better suited than others.
Draw No Bet works best with sports which have relatively low scoring such as football. You can use Draw No Bet for sports such as American Football, Rugby and Cricket but as the chance of the match ending in a draw is relatively low, the chances of your bet winning won’t increase very much. However, they are still an option if you believe it will be a close game.
Sports such as Horse Racing and Tennis are not suitable for Draw No Bet as there is no option for a draw to occur.
The vast majority of bookmakers will offer Draw No Bet odds for football and other sports and so you have quite a lot of choice. We recommend placing your Draw No Bet bets with our top recommended bookies which are Bet365, Betfair and 888Sport. These online bookmakers have been established for many years and considered trustworthy and respectable. They also offer excellent odds and a range of betting offers which are available on a variety of sports.
If you don’t have accounts with any of these online bookies, you can take advantage of their welcome offers as listed below.
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So now we’ve determined what Draw No Bet is, where to place your Draw No Bet bets and what sports you can place them on, let’s take a look at the Draw No Bet strategy and how you can make a profit.
There aren’t many solid strategies for Draw No Bet but there are ways you can use Draw No Bet to find value.
One strategy is to find a match which has two evenly priced teams ie. teams which the bookies deem to have an equal chance of winning the match and do some digging into if either team is more likely to win.
If the bookies have priced both teams equally, then they both have an equal chance, correct? Well, the majority of the time but this strategy works best with football matches is less popular leagues. For leagues such as the Premier League, La Liga and the Bundesliga, bookies spend a lot of resources looking into all factors which may affect the outcome of the game. Injuries, tactical changes, team fixtures etc are all closely monitored for teams in major leagues but are more overlooked for less popular leagues. This is where the opportunity is.
You can use the internet to find out information on practically any football team in the world. Club websites, fan forums and social media are great places to find out about injuries and other factors which can influence a game. If you find a match where the bookies have priced teams equally but you believe one team has an advantage for an overlooked reason, there may be value in backing that team with a Draw No Bet bet. This way, you get value in your back bet and will receive your stake back should the match end in a draw.
Draw No Bet increases your chances of a return by eliminating any losses should the match end in a draw. It can be a great option when you are not fully confident on your selection winning the match and would prefer some insurance.
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