Hello there, newbie bettors!
Today, we’ll delve into the enticing world of sports betting and explain a fundamental term – ‘Draw No Bet’. As its name suggests, it has something to do with a draw, but there’s more to it. Sit tight, grab a cup of coffee, and let’s embark on this thrilling journey.
The Draw No Bet Defined
Simply put, ‘Draw No Bet’ (DNB) is a betting market where the option of a game ending in a draw is removed. So, you’re left with two outcomes instead of three – a win for either Team A or Team B. If the game does end in a draw, guess what? You get your stake back. Sounds good, doesn’t it? The safety net this type of bet provides is perfect for beginners.
The Appeal of Draw No Bet
We all know that sports, especially soccer, are unpredictable. That’s where DNB comes into play. By removing the possibility of a draw, it lessens the risk, thus offering a more fail-safe approach to betting. The burstiness, or sporadic high activity of scoring in matches, can increase the chances of a draw, making DNB an attractive betting option.
How Does Draw No Bet Work?
Let’s say you’re watching an NFL match between the New England Patriots and the Kansas City Chiefs. You bet on the Patriots to win, but the match ends in a draw. In traditional betting, you’d lose your stake. But with DNB, you get your stake back. No harm, no foul!
How to Use Draw No Bet
Using DNB is particularly effective when you believe the match could potentially end in a draw, but you slightly favor one team to win. This way, you can potentially benefit from the team’s victory while protecting your stake should the match end in a draw.
Draw No Bet in Soccer
While DNB applies to many sports, it’s especially popular in soccer due to the high occurrence of draw matches. Remember the 2018 FIFA World Cup, where one-third of the group stage matches ended in a draw? Imagine the number of punters who wished they had opted for DNB!
The Perplexity Factor
With this type of betting, the unpredictability, or perplexity, of the game can actually be beneficial. Since DNB provides a safety net in the event of a draw, you’re free to bet on the underdog without risking the possibility of losing your stake.
Calculating Potential Returns
Calculating potential returns with DNB is a cinch. Since it’s essentially a two-outcome market, you simply multiply your stake by the odds offered on your chosen team to win. And if the match is a draw, you receive your original stake back.
Now that you’ve learned about ‘Draw No Bet’, it’s time to answer some common questions. We’ve compiled a list of FAQs to help you gain an even better understanding of this exciting betting market.
ALSO SEE: How to Download the SportyBet App
- Is Draw No Bet worth it?
Yes, DNB can be worth it as it offers an additional layer of safety. Although the odds might be lower compared to regular betting, it considerably reduces the risk of losing your stake.
- Can I use Draw No Bet in all sports?
While DNB is predominantly used in soccer, it can also be used in any sport where a draw is a possible outcome.
- Is Draw No Bet the same as double chance?
No, they’re different. Double chance covers two out of three possible outcomes, while DNB removes the possibility of a draw.
- Can I make a profit from Draw No Bet?
Yes, you can make a profit if the team you bet on wins the match.
- Why are the odds lower in Draw No Bet?
The odds are lower due to the decreased risk. Removing the option of a draw reduces the betting outcomes, thus lowering the odds.
- Can I use Draw No Bet in accumulator bets?
Yes, you can use DNB in accumulator bets.
- What happens to my bet if the match is abandoned?
If a match is abandoned, the bet is usually voided, and the stake is returned.
- Can I use Draw No Bet for in-play betting?
Yes, DNB can also be used for in-play or live betting.
- What is the difference between Draw No Bet and Asian Handicap 0?
They are functionally the same, with both returning your stake if the match ends in a draw.
- What does “DNB” stand for in betting?
DNB stands for “Draw No Bet.”
- Is Draw No Bet safe?
While no bet is ever completely safe, DNB offers an extra layer of protection as your stake is returned if the match ends in a draw.
- What does it mean when Draw No Bet is suspended?
When DNB is suspended, it means the bookmaker is updating the odds or there is uncertainty about the match’s outcome.
- How do betting exchanges handle Draw No Bet?
In betting exchanges, DNB is often treated as two separate bets: one for the win and one for the draw.
- Can I use free bets on Draw No Bet?
Yes, provided the bookmaker allows free bets on DNB markets.
- Does Draw No Bet cover extra time in matches?
No, DNB generally applies to the regular 90-minute match duration unless stated otherwise.
- What sports are best for Draw No Bet?
Sports with a higher likelihood of ending in a draw, such as soccer or hockey, are ideal for DNB.
- Does Draw No Bet affect betting odds?
Yes, DNB usually offers lower odds as it eliminates one betting outcome.
- How are Draw No Bet odds calculated?
The odds are calculated based on the perceived likelihood of each team winning, with the draw outcome removed.
- Can I place a Draw No Bet on a horse race?
No, DNB is not applicable in horse racing as there are no draw outcomes.
- What does Draw No Bet mean in multi-corner betting?
In multi-corner betting, DNB would mean your stake is returned if the total number of corners is equal to your bet.
So there you have it – an extensive beginner’s guide to the ‘Draw No Bet’ market in sports betting. With this knowledge in your betting arsenal, you’re ready to conquer the odds and bring excitement to a whole new level. Remember, every bet is a balance between risk and potential reward. With DNB, you’re not just betting – you’re playing strategically. Happy betting!