Draw No Bet Meaning Explained

I find a lot of online bettors asking what Draw No Bet means. So I decided to create a guide about this unique bet type, explaining how it works with real betting scenarios at online sportsbooks.

In my opinion, it’s a comparatively safer bet compared to others, so I’d personally prefer these odds to a moneyline bet. That said, I’ll get into the details, along with some facts, and why I recommend using this bet type. I’ll also walk you through how to place these bets. Without further ado, let’s begin!

Quick facts about Draw No Bets

• A Draw No Bet means that if your selected team wins, you get a payout. If it draws, your original stake is refunded. Otherwise, you lose your bet.
• It’s an alternative to moneyline or 1×2 betting, especially in soccer, where draws are more common.
• The Draw No Bet strategy is ideal for backing underdogs when you believe they have a chance to win, but want insurance in case they draw.
• You can combine a Draw No Bet with a separate wager on the draw to cover both outcomes.

What is a Draw No Bet?

Draw no bet is a popular sports bet type, which I’ve mostly seen in soccer markets. Unlike 1×2 bets, which don’t offer three results (win, lose, or draw). A 1×2 bet only considers two results: the team you’re betting on wins or it doesn’t.
Let’s say there are two teams: A & B, and you’re betting on the home team A. If the favorite wins, your bet succeeds, and you receive winnings based on the odds. On the other hand, if team B manages to win, you lose the bet. The twist with Draw No Bet is that if the match ends in a tie, your money will be refunded, no matter the outcome of the match.

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Real examples of Draw No Bets

To break it down even further, I’ll demonstrate how you can calculate your winnings from Draw No Bets. I’ll also show you how it differs from the traditional 1×2 to help you make an informed decision.

On that note, let’s consider a match between Inter Milan and Bayern Munich. The odds for Draw No Bets odds in this soccer match can be:

Keep in mind that the odd display and the currency in which you can bet depend on your location. The same applies when you’re looking for betting bonus offers — the promotions vary based on your country. You can check our banners to learn what bonuses you can claim.

For this guide, I will be using USD as my preferred currency. So, let’s say you wager $100 on Inter Milan and win, you get a total return of $194. You’ll get your $100 back if the match ends up in a tie. When Inter Milan loses, your entire stake is lost.

Now, if you decide to bet your $100 on the away team, Bayern Munich, you’ll get $183 for the odds of 1.83 if the home team loses. As I mentioned earlier, you get a refund for a draw match. Losing means your total bet is gone.

Draw no bets winnings compared to 1×2 payouts

While exploring the 1×2 sports betting markets, I found the odds in these markets to be significantly better. For instance, Inter Milan had lines of 83/50 or 2.66, while the odds for Bayern Munich were at 73/50 or 2.46.

You get a return of $266 for a $100 bet if Inter Milan manages to win the game. Both for a loss or a draw, you get a zero return. That means you get an extra $72 in 1×2 markets, but you lose the full bet in a drawn match.

How to place Draw No Bets

Placing Draw No Bets is quite simple and doesn’t require much time either. As soon as I found the ideal betting site with the lowest minimum deposit, I signed up, funded my account, and placed bets. Here are the basic steps to follow:

1. Find your favorite sportsbook and complete the registration process.
2. Navigate to the cashier and use any of the available payment methods to make a deposit.
3. Head to the sports lobby once your funds have arrived in your account.
4. Locate the Draw No Betting markets in football, soccer, or any other sport you prefer.
5. Select the match you want to place your bet on.
6. Pick your favorite team.
7. Enter the amount you want to wager.
8. Confirm the bet and you’re good to go.

This is basically the same process you’ll find in our guide to online betting. That’s because placing a wager on Draw No Bet is identical to wagering on other markets.

Pros and cons of Draw No Bets

Here are the pros and cons of this market:

Why I prefer Draw No Bets

I usually opt for Draw No Bets when I want to wager on the underdogs, and I strongly think they will win based on the research I conducted. Compared to 1×2, it’s safer to place Draw No Bets, meaning you’ll not lose if your team tries their best and still ends up in a draw. Though it’s not that common in all sports and offers lower odds, I recommend it for bettors who prefer betting options with less risk.

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Draw No Bet FAQs