Is the concept of Draw No Bet (DNB) new to you? Don’t worry- Campeonbet is here to make everything clear for you.
Draw No Bet is a trending betting market that allows players to bet on the outcome of a game while excluding the draw result. If the match ends in a draw, your stake is refunded, making it a safer choice compared to traditional three-way bets. This option is especially popular among bettors for its reduced risk.
While some seasoned bettors enjoy experimenting with complex strategies, many prefer straightforward wagers on the team they believe will win. However, anyone familiar with betting odds knows that the possibility of a draw can make predicting the outcome more challenging.
For bettors who dislike the unpredictability of a draw, the Draw No Bet market offers a solution. By removing the draw option, this betting approach simplifies the odds, reflecting only the likelihood of either team winning. It’s a much easier concept to grasp.
Campeonbet offers a detailed guide to help you understand and make the most of this betting market.
How Does Draw No Bet Work?
Most sports matches usually result in a home win, an away win, or a draw. Traditional three-way betting covers these outcomes. Draw No Bet (DNB), on the other hand, excludes the draw option. That means that the bettors can either wager on a home or away win.
Let’s make it clearer with an example. Here is how a bet is settled with DNB (Draw No Bet- You back Ikorodu City at odds of 2.00 means:
- Ikorodu City wins: You win the bet, earning your stake multiplied by the odds.
- Match ends in a draw: Your stake is refunded- you neither lose nor win. It is also known as “push”.
- Abia Warriors wins: You lose your stake.
So DNB ensures bettors don’t lose money due to unpredictable draw outcomes. Ιt offers a safety net to the players.
Examples of Draw No Bet
So, we have already established that Draw No Bet has been an increasingly popular betting market, because of the so-called safety net it provides. But if you feel like there are still some things unclear about how it works, let’s take a look at some examples to help you get to grips with it. Our main focus is going to be on football teams, both from the international stage as well as the NPFL.
Winning Bet Example
To see how a winning Draw No Bet works, let’s consider a match from the English Premier League, between Crystal Palace and Brighton. The odds for each of the two outcomes are listed below:
- Crystal Palace: 2.05
- Brighton: 1.70
In this case, a bettor would feel more confident that Brighton will win, but since the odds are relatively close, they would want to minimize the risk of a draw. This is where the Draw No Bet market comes in. If the match ends with Brighton being the winner, then the bettor wins the wager and receives the corresponding payout.
Losing Bet Example
Let’s check a losing bet example now. You place a Draw No Bet wager on Bendel to win against Kwara. If the outcome shows that Team B is the winning team with a score of 1-0, that means your bet on Team A is lost.
Bet Returned Example
So far, we have looked at examples where you either win or lose your bet, as is the case with most betting markets. As we have already explained, the Draw No Bet essentially eliminates the outcome of a draw. But what happens when a match actually ends in a tie?
For this case, we are going to take a look at a match from the Spanish La Liga between Villareal and Athletic Bilbao. The odds are listed below:
- Villarreal: 2.20
- Athletic Bilbao: 3.25
If a bettor backs Villareal for a home win and the final result is 1-1, then it’s obvious that there is no winning bet. However, as is implied by the market, when there is a draw, then there is no bet. That means the bet is canceled, and you get your bet stake back.
Which Sports Can “Draw No Bet” Be Used For?
The Draw No Bet market is widely recognized in football betting, as the outcome of a draw is very common. However, there are other sports where this option is also commonly offered. The following list contains some of the sports that can end in a draw and where the betting market can be applied:
- Football
- Boxing
- Cricket
- Ice Hockey
- Handball
- Racing Sports
Cricket is considered an ideal sport for placing a Draw No Bet, as it works in the same way as it does in football. It offers bettors a refund if the match ends in a draw.
As far as boxing is concerned, the Draw No Bet market is also a good option. Considering that boxing matches can sometimes result in controversial draws, this market can prove useful when the result is determined by a tight decision.
Pros and Cons of Draw No Bet
Reduced Risk
When placing a Draw No Bet, the primary advantage is that it minimizes the risk of losses by refunding bets in case of a draw. This way, you don’t lose your entire stake and you can confidently place your bets. Since the number of possible outcomes is reduced, the chances of having a winning bet are increased, thus making this market a safer alternative to traditional win/loss bets.
Lower Odds
However, like all other betting markets, Draw No Bet also comes with its drawbacks, the biggest one being the lower odds bettors get compared to traditional win/loss bets. That is because the potential outcome of a draw is eliminated. While the reduced risk can prove beneficial, it can also lead to reduced profitability, especially for players who wish to play it safe.
Play Draw no Bet at Campeonbet Nigeria
For those who seek the ultimate betting experience through the Draw No Bet market, Campeonbet Nigeria is the place to be. Here you can find some of the most competitive odds, ensuring that bettors get the most out of their bets.
In addition to football, Campeonbet provides betting options for a selection of sports, including boxing, cricket and more. And all of this is accessible through our user-friendly platform that ensures quick and seamless transactions.
Join Campeonbet today and discover the true potential of the Draw No Bet market combined with other alternative betting options such as Handicap or Double Chance. The possibilities are endless!
