Bet Without a Draw Explanation and Illustration
Draw No Bet: A fun and simpler twist on traditional sports betting, this bet is a favorite among fans. Also known as a tie-no-bet, it excludes the possibility of a draw, which can be a lifesaver for risk-averse punters[1][3][5]. In essence, it's a moneyline bet that's safer because it eliminates the likely or probable outcome of a draw. When a match ends in a tie, it's called a 'push,' and the sportsbook refunds your bet[6].
What's the Difference between a Draw No Bet and a Double Chance?
While they might seem similar, these bets have distinct differences. A Draw-No-Bet only bets on one team to win, while a double-chance bet includes two outcomes, such as the home team to win or draw, or a draw and the away team to win[2]. In contrast, a Draw-No-Bet eliminates the possibility of a draw completely[7].
An Explanation with an Example
Let's take a soccer match where the three-way moneyline stands as follows:
- Team A to win: -150
- Team B to win: +390
- Tie: +280
If you opt for Team A (the favorite) to win with a traditional bet, you'd need to wager $150 to win $100. However, in a contested game where the underdog might surprise everyone at home while the favorite is off-form, a tie or upset win by Team B is possible[4]. If the match ends in a draw, you'd lose your bet.
With a Draw-No-Bet, the odds might be lower, but if the match ends in a tie, your money is returned, giving you another chance to win. If Team B makes an upset win, you'd lose your bet[4].
Popular Sports for Draw-No-Bet
Football (soccer) is the Swiss Army knife of sports when it comes to Draw-No-Bet options. In fact, it's estimated that around 20% of soccer games end in a tie[5]. But that doesn't mean you can't find Draw-No-Bet options for other sports, especially where the 1X2 moneyline is available[5]. While it's less frequent, other sports like ice hockey and chess offer the option, although US sportsbooks mostly stick to soccer[5].
Is There Value in Draw-No-Bet Wagers?
A Draw-No-Bet is a safer bet overall, offering reduced risk compared to traditional bets or double-chance betting[4]. It's an excellent option for low-rollers looking for a more secure wager, but its lower odds can also create great value when combined with other bets. By adding a single Draw-No-Bet leg with -220 odds to a parlay with a cumulative odds value of, say, +780 from 5 selections, you can boost the odds dramatically[3].
Trusted Sportsbooks Offering Draw-No-Bet Odds
You can find reliable Draw-No-Bet odds at several reputable sportsbooks such as DraftKings Sportsbook, Caesars Sportsbook, and bet365 Sportsbook[8].
Our Managing Editor, Alex Windsor
Alex, an industry veteran with more than ten years of experience in iGaming, is our website's Managing Editor. He specializes in sports betting, offering insightful reviews, maintaining the accuracy of all offers, and ensuring the content's quality. With a passion for football and soccer, he guarantees you a reliable resource focused on betting tools to aid you in making informed choices[8].
[1] BetCalculator: How Does a Draw Bet Work in Soccer? https://www.betcalculator.com/how-does-a-draw-bet-work-in-soccer/[2] Betway: Double Chance and Draw-No-Bet: Differences, Advantages, and Disadvantages https://help.betway.com/en/article/double-chance-and-draw-no-bet-differences-advantages-and-disadvantages-1165[3] DraftKings: Draw-No-Bet: The Simple Alternative to Double Chance https://www.draftkings.com/sportsbook/sports/soccer/betting-strategies/draw-no-bet[4] CoachBetting: What is Draw No Bet and When to Use It? https://coachbetting.com/what-is-draw-no-bet/[5] The Social Gaming Group: Draw No Bet Odds Explained: What Are They and How Do You Bet on Them? https://www.thesocialgaminggroup.com/betting-guides/draw-no-bet-odds-explained[6] Betway: Draw No Bet: What is it, and how does it work? https://help.betway.com/en/article/draw-no-bet-what-is-it-and-how-does-it-work-1162[7] Sportschampsprofessor: Draw No Bet vs. Double Chance Explained https://sportschampsprofessor.com/draw-no-bet-vs-double-chance-explained[8] WSN: Alex Windsor - Our Managing Editor https://winnersandsports.com/author/alexwindsor/
Football, particularly soccer, is a preferred choice for sports-betting enthusiasts when it comes to Draw-No-Bet strategies. With around 20% of soccer games ending in a tie, it offers numerous opportunities for risk-averse punters seeking a simpler twist on traditional sports betting. Meanwhile, bettors may also find Draw-No-Bet options in sports like ice hockey or chess, although it's primarily available in soccer at US sportsbooks.