Draw No Bet: A Detailed Guide by Parimatch
Parimatch sports betting platform provides the clients with a huge variety of different bets in Nigeria and around the world. No matter what sport you bet on, our goal is to bring you even more pleasure from watching your favorite game. And for that, sports betting doesn't have to be a daunting task.
Experienced bettors often prefer to choose riskier betting strategies. But most players just want to bet on the team they think will win. But if you are at least a little familiar with the odds of betting on sports, then you should know that when there is a possibility of a draw, it can not be so easy to make a correct prediction.
Some players prefer to skip the draw option as it confuses them. But what is the meaning of draw no bet? In such cases, “Draw no bet” comes to the rescue; the meaning of such a bet is to exclude the possibility of a draw. In this case, the odds only show the chances of one of the teams winning. It's much easier to understand what is happening, you must agree.
If you do not want to burden yourself with unnecessary bet manipulation, then the Draw No Bet (DNB) strategy is exactly what you need. In our comprehensive guide, you will learn what is draw no bet, how to do a draw prediction correctly on the Parimatch platform, how to get the most out of a no-bet draw, and all the advantages and disadvantages of this sports betting strategy.
Draw No Bet Meaning
When asked what is the meaning of draw no bet? This is a bet that is canceled if there is a draw. But how does this affect the player?
A draw as a phenomenon in sports is a rather rare event, therefore high odds are assigned to such outcomes. But if you bet on the victory of one of the teams, then a draw reduces your chances of winning. If we take the football Premier League as an example, then there is a draw in a quarter of all matches. In this case, if you want to bet on the victory of one of the teams, then your chances of winning are reduced. Therefore, if you want to bet on the team's victory and not worry about a possible draw, then you should wager on a draw no bet.
Thus, you are required to choose the winning team. In this type of bet, the possibility of a draw is excluded, so you only need to choose team 1 or team 2 to win. But if a draw still happens, do not be sad. In this case, your bet will simply be returned to you.
That is why this type of bet is called “draw no bet”. Thus, draw no bet means that if in the final outcome of the match there is a draw, then you have no bet since your bet is canceled.
This betting strategy is popular with gamblers who do not like to take risks. In such cases, the odds are not the highest, but at the same time, the possibility of losing is reduced, since there are only two options for the development of events in the match – victory or loss of your chosen team.
Another plus of DNB betting is that you can bet on an outsider team that, in theory, could be the winner. For example, in the 2018-2019 Premier League season, Wolverhampton Wolves, being in low positions, managed to beat many leading teams. In this case, betting on Wolves against Manchester United would be a good idea. After all, bets on DNB exclude a draw and thus make your bet safe. If the team to win which you bet plays the match in a draw, then the amount of your bet is returned to your account. But if this team wins, then your profit will be very high. Thus, betting on DNB is a great option for a winning strategy.
Simply put, draw no bet means what it does not count for a draw in the match. In this case, if your favorite team wins, then you make a profit. If your team loses then you get nothing. And if at the end of the match there is an equal score on the scoreboard, then the amount of your bet is returned to you.
Meaning of Draw No Bet With Examples
If you still haven't fully embraced what does draw no bet means then let's take a football match as an example, which will help you understand everything more clearly. Check out the match between Wolverhampton Wanderers (1) at home and Leicester City away (2):
| 1 | 2.55 |
| Х | 3.25 |
| 2 | 2.84 |
In this case, you are presented with the odds for a 1X2 bet. Here you can choose which of the three outcomes to bet on: Wolves (1) wins, teams draw prediction (X), or Leicester City wins (2). As we can see, the chances of winning for each team are approximately equal. The odds for Wolverhampton to win are 2.55, for Leicester City to win – 2.85, and the chances of a draw are shown by odds – 3.25. In this case, the probability of a draw prediction to win is less possible, but at the same time, the odds indicate that you still have the probability of losing the bet if there is a draw.
Let's say you bet on Wolverhampton Wanderers to win. We can calculate the implied probability thanks to the number of the coefficient. So you can understand in percentage what the probability of winning your chosen team is. To make it easy, you just need to take the coefficient, divide it by 1 and multiply by 100. It looks like this:
- (1 / 2.55) x 100 = 39% chance of winning the Wolves.
While these odds don't seem all that far apart, the odds against Wolves' bet are pretty high.
This happens because you are betting on one of the three outcomes of the match, that is, 1 or X or 2. Thus, when you compare your chances of winning, you must take into account the other two scenarios that are losing to you.
In this case, the probability of the Wolves winning is 39%, but the probability of losing the bet is 61% including a draw or a victory for Leicester City.
Now Let's look at an example of a draw no bet.
| 1 | 1.78 |
| 2 | 2.01 |
In the case of a DNB bet, the Wolves' chance of winning is 56%. And the possibility that Leicester City will win is only 49%. Thus, your chance of winning is increased because the option of a tie was ruled out.
Thus, the meaning of draw no bet is if you made a 1X2 bet, you had to take into account both the loss and the draw, and the DNB bet allows you to take into account only the option of winning and losing. And if there is a draw, the amount of your bet will be returned to you.
How to Make a Draw Prediction on Parimatch?
If you understand what does draw no bet mean, then it's time to think about how to make such a bet. Some sports betting resources complicate the process, which negatively affects the gaming experience. But Parimatch cares about its customers, so the process of placing bets on our platform is as simple as possible. You need to follow this instruction:
- Register on the Parimatch platform by simply clicking the yellow button in the upper right corner of the screen. Then follow the instructions to create an account and deposit funds into your account.
- After completing registration, log into your account.
- Next, choose pre-match or live bets. Accordingly, go to the "Sports" tab to place a pre-match bet or the "Live" tab for real-time bets.
- Then you will see all the sports that you can bet on at Parimatch. You can quickly find the league you need in the corresponding panel.
- Select the sport you want to bet on.
- Choose a league, championship, or tournament to bet on. This will take you to a screen where all the available matches and games are listed.
- From this list, select the game in which you want to bet on a draw no bet.
- After choosing a match or game, you will be taken to the menu for choosing the type of bet.
- Scroll down, and you will find the heading that says “Draw No Bet” and only offers two outcomes – 1 or 2. You can also place “Draw No Bet” bets for the first and second halves independently of each other.
- Select the desired outcome of the match on which you want to bet 1 or 2. After clicking on the desired result, the field will become highlighted, and your bet will appear in the coupon.
- When you have placed all the desired bets, click on the coupon tab to complete the process.
- If you only place one bet, your bet will automatically be shown in the coupon under the "Single Bet" tab.
- If you are making one bet then scroll down to check if everything is correct. Add your bet to the box. And when you're ready, click the "Place Bet" button.
- If you place several bets at once, it may be easier for you to place parlay bets (or draw no bet accumulators). At the top of the screen, you can select the appropriate tabs.
- For Multibet, check the details and odds of all bets, enter your bet in the field and click "Place Bet".
When to Use Draw No Bet?
After finding out the exact draw no bet meaning, let’s get to the actions. Basically, players prefer a draw no bet strategy in order to reduce the chance of losing a bet. When you make such a bet, you exclude the possibility of a draw, and if such an outcome happens, your bet will be returned to you in full. This method does not increase the chance of winning but reduces the chance of your bet losing.
Let's figure out when is the best time to bet on "draw no bet".
When a Draw Is Likely
The draw no bet strategy is great if you want to bet on a match where there is a high probability of a draw. This development of the match is possible when both teams have little difference in skill and strength. To understand whether a draw is possible, pay attention to the odds. If both teams have approximately the same odds, then there is a high probability that their fight will end in a draw.
Please note that if the teams have approximately the same odds and the receiving team has a smaller one, then most likely this will be an advantage for the home team. This alignment means a high probability of a draw. A good example was the match between Wolves and Leicester City. Both teams are fairly well qualified, and their chances are almost equal. But at the same time, Volkov's odds are slightly lower, since they have the advantage of the home team. In this case, a draw is a very likely outcome.
When You Want to Stake the Underdog
If you are betting on an outsider, you can win big if you are right. The catch with these bets is that the odds are not in your favor, so betting becomes even riskier than betting against the winner. Plus, the possibility of a draw further increases your risk of losing.
In order to avoid the negative impact of a draw, you can get rid of this option and thereby increase your chances of a winning bet if the outsider draws instead of winning.
Let's take an example of the match between Southampton and Burnley:
| 1 | 1.72 |
| Х | 3.75 |
| 2 | 4.90 |
In this case, Burnley is more likely to be defeated. But sometimes unforeseen events happen, such as the fact that Manchester United lost the match with Burnley with a score of 0:2 in January 2020. This demonstrates that Burnley, in theory, can beat Southampton.
Let's say that you decide to bet on the outsider in the amount of 10,000 NGN at odds of 4.90. In this case, your bet will win with a 20% probability. At the same time, a draw and a victory for Southampton are 85% of the expected chance. Thus, the probability that you will lose is 85%.
But if you win, you will receive a payout of 49,000 NGN.
So, in order to increase your chances of winning, you can bet on "draw no bet" so you reduce the risk of losing. This is how it will look:
| 1 | 1.29 |
| 2 | 3.50 |
Now that the possible outcome of the match is a draw, the probability of your loss has decreased from 85% to 77.5%.
When You Place a Live Bet on a Losing Favorite
If you make live bets right during the match and are sure that your favorite will win, but so far he is losing, then you need to exclude a draw. When the likely winner starts conceding goals, it's time to draw no bet predictions. You can bet that the favorite loses or the outsider wins. In this case, you need to reduce the likelihood of losing if the teams end the match in a draw.
Pros and Cons of Draw No Bet Wagers
Like any other type of sports betting, "draw no bet" has its advantages and disadvantages. And depending on the situation you choose, these points are revealed in different ways. Therefore, before you start betting on this strategy, you should study the inherent advantages and disadvantages of betting on "draw no bet".
Pros of Draw No Bet Wagers
- It spares you a draw
Many players are unaware that a draw occurs much more often than they might expect. If we take into account football, then there is a draw in every fourth match. If you bet with a tie in mind, your chances of winning are reduced. But if you exclude a draw from the possible outcomes of a sporting event, then you will not need to worry about anything other than winning your favorite.
- Protects you from unsuspecting counterattacks
One of the big reasons why Wolverhampton Wanderers were able to hang in the Premier League standings is that opponents underestimated their ability. Thus, the stronger teams played with their second line-ups instead of playing with the main line-up. That is why the Wolves were able to score the missing points through unexpected victories and numerous draws. In such cases, a draw without a bet can save you from losing in such a scenario.
Cons of Betting on a Draw with No Bets
- Odds are slightly lower
If you place no draw bets, your winnings will not be less than if you bet on 1X2. This is because the likelihood of a draw is excluded from matches, which increases the chances of winning.
Draw No Bet Alternatives
As always, the Parimatch sports betting platform is ready to offer you other types of bets where you can take into account the outcome of a draw and secure your bets from this.
Double Chance betting
When placing 1X2 bets, you cannot choose two outcomes at the same time in one match. However, you can make a safer bet with a double chance. In this case, you can bet on such scenarios as:
- Team A wins or draws;
- Team B wins or draws;
- There is no draw.
The difference between a draw and no bet is that the odds are usually lower than a 1X2 bet because you are more likely to win.
Handicap 0.0
A 0.0 handicap bet is very similar to a draw no bet wager. Here, there is no draw too and the teams do not get any advantage. In this case, if you bet on Crystal Palace to win and this happens, your bet will pass. If you predicted the victory of Crystal Palace and they drew, then your bet will be returned to you. And if you bet on Crystal Palace to win and they lose, then you will lose your bet.
Final Thoughts
You might think that 1X2 bets offer higher odds, but if you carefully examine what is draw no bet, the pros and cons of it, you will realize that the possibility of a draw greatly reduces your chances of winning. But bets on "draw no bet" will save you from worrying about losing your bet if the teams play a draw. Also, do not overlook the fact that in football, draws happen in 25% of all matches.
If you place draw no bet predictions then you reduce the perceived likelihood of losing your bet and also make it safer. This way, you can afford to resort to more risky strategies, such as supporting an outsider and trying to multiply your winnings. Also, if you see that teams can play a draw, then a “draw no bet” wager will protect you from losing.
If you are ready to start making winning bets then you just need to visit the Parimatch sports betting website. Our incredibly user-friendly and attractive application allows you to place any bets with just a few taps. Together with us, you can place draw no bet wagers in Nigeria and around the world. That being said, you don't even need to leave your home. Join the community of Parimatch players and win today right from your mobile device!