When it comes to online football betting there are a wealth of options available. You do not have to stick to the standard match winning market and you should try different markets to get a feel for the ones which you enjoy and work best. One such football betting market you should try is draw no bet.
Draw no bet has become a popular football betting market. Betting using the draw no bet market on a football match, you are eliminating the draw from the bet. In other words, if you bet on Liverpool to beat Manchester City at home and they do win the match, your bet is a winner. If Manchester City win the match, your bet is lost. However, if the match ends in a draw, your stake will be refunded.
Immediately, you can see the benefit of betting using this market. If you think one team has a slight edge over the other but it is going to be a very close game, the draw no bet makes a good option. That way, you are covered for two outcomes and there is only one outcome where you will end up losing money.
1. Draw No Bet - Advantages and Disadvantages
There is a downside to using draw not bet and that’s the odds. Taking the Atletico Madrid vs Juventus match in the 2019/20 Champions League group stages as an example, the hosts are available at 11/8 to win the match using the standard 3-way match winner market. The draw is on offer at 2/1, with Juventus available at 23/10.
You believe Atletico Madrid have the slight advantage because they are playing at home but you think it is going to be a very close game. Therefore, it could be worth betting on the draw no bet market as at least you will get your money back if the game ends level. Looking at the draw not bet odds you find Atletico Madrid are on offer at just 8/13 to win the match.
So, you can see the odds have been reduced and you do not stand to win as much should Atletico Madrid come out on top. If you bet using draw no bet you will receive €12.20 winnings from a €20. If you placed the bet using the standard 3-way market you would be betting at odds of 11/8 and a €20 would result in €27.50 winnings. That is over double the amount you would receive in comparison to using draw not bet.
Of course, should you bet on the standard 3-way market and the game ends in a draw, your bet will be lost. If you bet using draw not bet and that game ends level you live to fight another day thanks to the refund you will receive.
2. How To Play?
The main reason why you would use draw not bet is when you are not totally convinced the team you think will win is going to come out on top. There are many close games throughout the season and in the Premier League alone it is surprising how many matches end in a draw.
Another reason why you would bet using draw not bet is if you decide to back the outsider. Perhaps the favourites are missing a key player or they have their mind on a different competition and you believe this gives the outsiders a chance. They are still the underdogs however and a good way to bet on the outsider and have a little protection is to use the draw no bet market.
Reducing risk is the main reason why punters choose to use the draw no bet market. It is not going to win you big money but in the long term you could make a nice profit as you are not going to lose as many bets as you would using the 3-way market.
Draw No Bet Betting
When it comes to online football betting there are a wealth of options available. You do not have to stick to the standard match winning market and you should try different markets to get a feel for the ones which you enjoy and work best. One such football betting market you should try is draw no bet.
Draw no bet has become a popular football betting market. Betting using the draw no bet market on a football match, you are eliminating the draw from the bet. In other words, if you bet on Liverpool to beat Manchester City at home and they do win the match, your bet is a winner. If Manchester City win the match, your bet is lost. However, if the match ends in a draw, your stake will be refunded.
Immediately, you can see the benefit of betting using this market. If you think one team has a slight edge over the other but it is going to be a very close game, the draw no bet makes a good option. That way, you are covered for two outcomes and there is only one outcome where you will end up losing money.
Contents
1. Draw No Bet - Advantages and Disadvantages
There is a downside to using draw not bet and that’s the odds. Taking the Atletico Madrid vs Juventus match in the 2019/20 Champions League group stages as an example, the hosts are available at 11/8 to win the match using the standard 3-way match winner market. The draw is on offer at 2/1, with Juventus available at 23/10.
You believe Atletico Madrid have the slight advantage because they are playing at home but you think it is going to be a very close game. Therefore, it could be worth betting on the draw no bet market as at least you will get your money back if the game ends level. Looking at the draw not bet odds you find Atletico Madrid are on offer at just 8/13 to win the match.
So, you can see the odds have been reduced and you do not stand to win as much should Atletico Madrid come out on top. If you bet using draw no bet you will receive €12.20 winnings from a €20. If you placed the bet using the standard 3-way market you would be betting at odds of 11/8 and a €20 would result in €27.50 winnings. That is over double the amount you would receive in comparison to using draw not bet.
Of course, should you bet on the standard 3-way market and the game ends in a draw, your bet will be lost. If you bet using draw not bet and that game ends level you live to fight another day thanks to the refund you will receive.
2. How To Play?
The main reason why you would use draw not bet is when you are not totally convinced the team you think will win is going to come out on top. There are many close games throughout the season and in the Premier League alone it is surprising how many matches end in a draw.
Another reason why you would bet using draw not bet is if you decide to back the outsider. Perhaps the favourites are missing a key player or they have their mind on a different competition and you believe this gives the outsiders a chance. They are still the underdogs however and a good way to bet on the outsider and have a little protection is to use the draw no bet market.
Reducing risk is the main reason why punters choose to use the draw no bet market. It is not going to win you big money but in the long term you could make a nice profit as you are not going to lose as many bets as you would using the 3-way market.