What is Draw No Bet Betting?
Every online bookmaker offers a variety of betting routes and markets for customers to explore, diversifying their range of offers.
One of those is the draw no bet option. If you’re not accustomed to this type of bet, it’s a way to place a sports betting wager where the draw is taken out of consideration.
Join us as we explore draw no betting options and how you can use this bet type to enhance your betting slip.
How Does Draw No Bet Work? (Step-by-Step)
If you’re betting on soccer, for example, the usual outright markets for a match result are betting on the home team to win, betting on the away team to win, or betting that the game will end in a draw/tie. But in draw no bet betting, the tie is taken out of the equation.
So, what does draw no bet mean? Well, if you bet on one team to win a specific fixture and the game ends in a draw, your stake will be refunded. It’s as simple as that.
Let’s walk you through the step-by-step path of placing a draw no bet selection:
- Decide which team you think will win.
- Scroll down to the relevant markets within the match page until you reach the draw no bet betting section.
- You’ll be given the choice of picking the home or away team to win and show the odds. Enter your stake and place your bet.
- If the team you backed wins, you will receive the winnings the bookmaker stated. If the other team wins, you’ll lose your stake.
- If a draw occurs, your betting account will be refunded with your stake as part of the bet terms. This is usually refunded as real money rather than free bets but double-check with the bookmaker’s draw no bet rules.
Here’s a simple draw no bet example. Let’s say you favour Newcastle United (1.25) to beat Sheffield United (4.45) in an English Premier League match. If you place a $10 wager on Newcastle, you would stand to profit $11.25 if they won the match.
However, if the game ends in a 2-2 draw, your $10 stake would be returned, and you wouldn’t win or lose any money on the wager.
Why Is the Draw No Bet Used?
Imagine that a big game is approaching, and you’ve got a strong feeling about which way the result will go, but there’s a nagging thought in the back of your mind that one team might grab that late goal to snatch a point and ruin your bet.
This could be based on evidence that the team has a habit of doing this in recent games, or you simply could be looking for a way to insure your bet. The draw no bet option means you’re given a reprieve if the match ends in a tie, which is the main advantage of a draw no bet.
This can act as a safety net if your side is pushing for a winning goal, touchdown, try, or whatever score the sport involves, but can’t quite break down the opponent’s defence, for instance.
Many bettors like to develop a strategy when approaching draw no bet betting. One such approach is to not use it when a strongly favoured team is playing an obvious underdog; the reason for this is that your odds are likely to be not very lucrative anyway and the draw no bet choice would further reduce already meagre potential returns.
Let’s say Australia is hosting Canada in a rugby union match – it wouldn’t necessarily benefit you to place a draw no bet wager when punting for the home side because they will be clear favourites anyway and this type of bet would only lower your winnings.
A better way of using this bet type would be in a wager between two closer match teams. For instance, in an international rugby union match between South Africa and Australia.
Of course, it’s entirely up to you when to place a draw no bet wager, and you need to consider the draw no bet benefits against the downsides of this bet type, as we consider below.
Draw No Bet Pros and Cons
There are advantages and disadvantages to placing a draw no bet wager. Check out the table below before placing this type of bet:
Pros | Cons |
✅Lowers the likelihood of losing your bet | ❌You’ll receive smaller returns on your winnings because DNB odds are reduced |
✅Helps if you’re unsure about an outcome | ❌Slightly more restrictive than double chance |
✅Doesn’t punish your bet because of unlucky instances | ❌ Isn’t applicable if you want to bet on a draw |
✅You usually get money back rather than free bets | ❌Isn’t available in all sporting markets |
Draw No Bet vs. Double Chance Betting
Double chance betting is similar to draw no bet betting, but there is a key difference between the two options.
Rather than removing the draw from the bet altogether, a double chance wager backs two outcomes.
Using soccer as an example again, where draws are a regular occurrence, if you believe Real Madrid will beat Barcelona but place your stake as a double chance bet, this means that you’ll receive the winnings from the odds you’ve been given if Real Madrid win or the game ends in a draw. Your stake won’t be refunded as is the case in a draw no bet.
Again, because you’re insuring your bet based on two of the three possible outcomes, your odds will be reduced, but the likelihood of you winning increases.
This is also true for a soccer draw no bet selection, but the odds are different because your stake will be refunded rather than the winnings being paid out to you in full.
A double chance selection is another popular route for online punters to try to generate winnings when they have a good feeling about the income, but feel a draw is a very real possibility.
Draw No Bet Betting Sites
Now that you know of the potential benefits of placing draw no bet wagers, let’s take a look at some of the leading Aussie sportsbooks at which you can place this type of sports bet:
Zotabet
100% welcome bonus up to €6,000 + 100 free spins
✅Excellent sportsbook with great odds
✅Lots of ongoing promotions
✅Fair payment terms
Sign up to Zotabet today to place draw no bet sports wagers
BetiBet
Free bet of up to €100 or a 100% “hunting bonus” of up to €1,500
✅Brilliant sportsbook
✅Lots of e-sports markets
✅Numerous ongoing promotions
Sign up to BetiBet today to place draw no bet sports wagers
Playzilla
First deposit bonus – 100% up to $150
✅Excellent sports betting odds
✅Virtual and real-world sports available
✅Popular online casino
Sign up to Playzilla today to place draw no bet sports wagers
Draw No Bet – Final Thoughts
Placing a draw no bet wager when a game is coming up is a good way to ensure that your bet is insured against a tie occurring to return your stake, even if the odds are reduced.
It’s an effective way of incrementally increasing your account balance rather than hoping for large odds to land.
Draw no bet betting Australia bookmakers are aplenty so the next time you set up an account with this type of wager in mind, be sure to check out the leading Aussie gambling sites at which you can place your wagers.