A conventional betting market allows players to wager on a Home Win, Draw, and Away Win. But what is dnb meaning in betting and in sports betting terms? What is draw no bet meaning in soccer? These are some of the questions that we seek to answer in this post.
What Is Draw No Bet? Draw No Bet Explained
As already hinted, the Draw No Bet is also known as DNB. Before opting for this bet, note that it only allows players to wager on the Home Win or Away Win.
As you can see, the DNB removes the Draw from the bet. For this reason, if you’re betting on a football, basketball, or tennis game that does end in a draw, then the bookmaker will give you a full refund.
Unlike the conventional three-way bet, the Draw No Bet is a two-way bet with a slightly small house edge. Consequently, the DNB is increasingly becoming popular with budget players who want to reduce their risk exposure.
DNB allows bettors to pick either a Home Win or an Away Win, protecting them if a level score occurs. Therefore, you don’t have to worry about losing your stake when the game ends in a draw even if you are relying on draw no Bet predictions.
Most intermediate and veteran players use this betting market when:
- Betting on a side (let’s say an underdog) that has the potential to create an upset
- Protecting their bets when a Draw is a likely outcome
Please bear in mind that there is no home no bet meaning when betting on sport.
How Does Draw No Bet Work?
We have provided the surface-level meaning of DNB in betting. Now let’s discuss how the betting strategy works.
First, the DNB splits your conventional three-way bet into winning and drawing sides.
For instance, look at a Manchester Derby with Manchester City up against Manchester United. You might feel like backing City to win the game but also believe there is a likelihood of a draw.
In the conventional three-way betting market, aka, the 1×2 betting market, bookmakers will let you bet on three outcomes:
- A Manchester City Win
- A Draw
- A Manchester United Win
If your money is on City in the above draw no bet example, you will be smiling to the bank if the game ends in a City Win. However, you will lose your stake if the match ends in a draw or if United wins.
Therefore, it is evident that the DNB allows players to enjoy extra cushioning by taking out the probability of a Draw. So:
- If Manchester City ends up victorious, your bet wins
- If the match ends in a draw—a tie—you get an entire stake refund
- If Manchester United ends up victories, your bet loses
With Draw No Bet, you can protect your bet from injury-time equalizers, questionable refereeing, and substandard play in the last minutes.
Consequently, you will enjoy more peace of mind and fewer frustrations when the game reaches its end. Also, remember that the “Draw” is not an option, which explains why the DNB offers slightly reduced odds.
On the brighter side, you will get to keep your stake (the whole amount) when the game has an even scoreline at full-time. And this wouldn’t be possible in a traditional three-way betting market.
A football match can end in a draw as can several other sports. A draw no bet example would be betting on the outcome of a match, excluding the draw.
However, in some sports the draw is taken out of the equation as there is always a definite outcome. For example, a snooker match or tennis match never ends in a tie due to the scoring system.
Test match cricket brings together international teams in matches that are played over five days. In this type of sporting event, draws are quite common. This is due to the rules of the game and the possibility of delays due to the weather.
These factors mean Test matches often do not reach a conclusion so this is a good draw no bet example.
In the four North American sports of American Football, ice hockey, basketball, and baseball, there is Overtime if a match is tied. That means you can bet on the winner in a two-way market and the winner including the tie.
The first bet is akin to a draw no bet example as you are excluding the draw from the potential outcomes of the match.
Betting exchanges allow you to assume the role of a bookmaker. For this reason, these betting platforms have some of the best odds.
Also, ensure that you are getting the best odds on the DNB betting market. Odds comparison sites will help you find the best DNB betting market odds when the betting exchanges don’t have enough liquidity.
You will realize that the big games and top competitions attract the best odds at the exchanges. Players who want to enjoy good Draw No Bet odds should register with a top bookmaker.
Some of the top reasons to sign up with a betting site include comprehensive betting markets, boosted odds, and round-the-clock sporting offers.
How to Bet on Draw no Bet?
Now that we’ve gone through the draw no bet meaning, let’s see how to place a bet on this market.
Naturally, you will need to create an account with a sportsbook. This process should take a few minutes.
Afterwards, you might want to deposit funds into your newly created account. Then, navigate to the game lobby and find a sport with this betting market.
Here are the steps you need to follow to bet on the draw no bet sportsbook betting market:
How to place a DNB bet?
- Successfully create an account on a platform that has the bonus– Visit the site’s promotions page to verify the availability of the bonus
- Navigate to the game lobby and find a match with the draw no bet wager- Also, remember to only select a game that suits your preferences
- Now select the team you believe will win the duel– Enter the amount you want to stake on your bet slip then submit it
- Lastly, wait for the results of the game– Read our article for the best dnb advices.
FAQs
A Draw No Bet meaning is a type of wager that is popular among football fans.
Basically, you choose a team on the moneyline and, if your wager wins, you win your bet. However, if the game ends in a draw, the bookmaker returns your stake.
One of three things can happen when you place a Draw No Bet on an accumulator. If the team you picked wins, then that particular selection is graded as a win.
When the team you wagered on loses, the selection is graded as a loss. If the match ends in a draw, then the Draw No Bet selection is simply voided and does not affect the rest of your ticket.
While Double Chance is similar to Draw No Bet, there is one big difference. With a Draw No Bet, you are really betting on your team and the draw.
With a Double Chance bet, you can cover any two outcomes of a three-way wager, including both moneylines.
Betting on draws can be lucrative with any sport. The odds are usually quite tempting, and ties frequently happen, especially in football.
By betting on a draw, there is only one favourable outcome which is obviously a tie game. Placing a Draw bet is like placing any other wager. Find the match you want to wager on and select the Draw on the three-way line.
Most bookies that offer Draw No Bet allow you to use the Cash Out feature with it. However, there are always exceptions.
It’s a good idea to check your bookmaker’s T&Cs to find out exactly how cashing out Draw No Bet wagers applies to single bets and accumulators.