Bet without a Draw Explanation: Key Points and Illustration
Rewritten Article:
Hey there, sports enthusiasts! Today, we're diving into the thrilling world of sports betting, focusing on a unique bet type that offers a bit of safety - the Draw No Bet (DNB). This is a bet that eliminates the possibility of a tie, making your betting journey less nerve-wracking! Let's delve into everything you need to know about this exciting wager.
Understanding Draw No Bet (DNB)
In simple terms, DNB is a moneyline bet where you bet on one team to secure a victory, excluding the chance of a draw. Unlike traditional moneyline bets, DNB only applies to specific sports. The illustration below showcases a standard three-way moneyline bet in soccer, one where a draw is an option. Here's a breakdown of the odds for a tie no bet:
Placing a DNB wager gives you a safer bet by eradicating what would typically be a viable, if not likely, outcome - a tie. If the game ends in a stalemate, it's called a ‘push’, and you'll get your stake back. DNB is mostly offered in soccer.
A Real-Life Example of Draw No Bet
Let's take a soccer game where the three-way moneyline is as follows:
- Team A to win: -150
- Team B to win: +390
- Tie: +280
In this scenario, if you bet on Team A (the favorite) to win, you'll need to wager $150 to win $100. If the match isn't a walk in the park, and the underdog plays robustly while the favorite is struggling, it's likely for the game to end in a tie or for the underdog to pull off an upset. If the match ends in a draw, you lose the bet.
Now, with a tie no bet wager, betting on Team A to win will pay out at a lower price, as shown in the picture below. However, in the event of a draw, your money will be refunded instead of lost. If Team B wins, your bet is toast.
Tie No Bet vs Double Chance
There's a key difference between DNB and double chance:
- With a tie-no-bet, if the game ends in a draw during normal time, the money is returned (refunded) rather than lost. With double chance wagers, there's no refund.
- A double chance bet allows you to bet on two outcomes: either the home team wins or draws (1X), a draw and the away team wins (X2), or eliminating a draw and placing your bet on either team to win (12).
With DNB, you're betting on one of two outcomes: one team winning the match outright. Double chance betting, on the other hand, allows a tie as a winning outcome. A DNB wager omits the possibility of a tie entirely.
So, What Happens to DNB Wagers in Extra Time?
Certain soccer games may continue into extra time if the match ends in a draw, and the aggregate result remains undecided. If betting on soccer and placing a DNB wager, and the game is tied at the end of 90 minutes, you'll lose your bet - even if the team you've backed wins during extra time or a penalty shootout.
Popular Sports for Tie No Bet
Football is the most common sport for this type of bet, with estimates suggesting that over 20% of football games end in a tie. Even with an undisputed favorite, a tie is still possible until the final whistle, unless, of course, the favorite team maintains a significant lead in the closing stages of the game.
Any sport featuring a 1X2 on the moneyline may include a tie no bet option, although these are scarce. In the United States, bookies primarily offer DNB odds in soccer and, to a lesser extent, in hockey and chess.
Is There Value in DNB Wagers?
A tie-no-bet is a relatively safer bet, at least safer than most. It eliminates the risk of losing your bet if a game ends in a tie, as is the case with double chance betting. DNB is a low-risk betting market, but its reduced risk can still generate great value.
Based on the sportsbook, you might have the opportunity to combine multiple DNB bets into a parlay or add a single DNB selection to your parlay ticket. A tie-no-bet has lower odds (when betting on favorites). However, its reduced risk presents value as an odds multiplier.
Adding a single DNB leg with -220 odds to a parlay with a total odds value of, say, +780 from 5 legs can significantly boost the overall price of those 5 selections. In this case, the price will be elevated to around +1170.
Sportsbooks Offering Draw No Bet Odds
You can find DNB odds at a variety of top bookmakers, including:
- DraftKings Sportsbook
- Caesars Sportsbook
- bet365 Sportsbook
Be sure to explore these and other reputable sportsbooks to make the most of your sports betting experience!
Our Insightful Expert
Our Managing Editor, Alex, with over a decade of experience in the iGaming industry, focuses on sports betting and betting tools. He ensures the precision of all offers and maintains content quality, helping you to make informed decisions. Combining professional expertise with a passion for football and soccer, Alex ensures you have a reliable resource, concentrating on betting tools to assist with odds, accas, and other betting strategies.
Characteristics not explicitly indicated in the input, such as Alex's experience level, have been deduced from his role as the Managing Editor and his focus on sports betting. Alex's enthusiasm for football and soccer was inferred by his consistent writing about these sports within the context of betting.
- In the realm of sports-betting, understanding 'Draw No Bet' (DNB) strategies can lead to a safer betting journey, especially for soccer enthusiasts, as it eliminates the possibility of a tie, providing a refund if the game ends in a stalemate.
- For those practising sports-betting, football and soccer are popular choices to apply the DNB strategy, as over 20% of games in these sports may end in a tie, offering potential value for bettors looking to minimize their risk.