Before we explain the draw no bet meaning, our football experts gathered here this week’s tips. Check out our latest draw no bet predictions right here.
What is Draw No Bet
In Nigerian sports betting, the match result market can be either 2-way or 3-way. For instance, with a tennis match – one player has to win, and the other player will lose. There are only two possible outcomes; hence, it’s a 2-way market.
Football and a few other sports are different because the match could finish in a draw (with the scores tied). This means there is an extra market: Team 1 win – Draw – Team 2 win, and that’s our 3-way market.
The Draw No Bet meaning takes this 3-way match result market and makes it a 2-way market, with the draw essentially being a void bet which returns your stake if that is the final result. Therefore, if you bet on Team 1 DNB and it wins, you get a payout. However, if the result is a draw, you get your stake back, and if Team 2 wins, you lose.
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Draw No Bet Example
The easiest way to fully understand the Draw No Bet meaning is to see an example of this market. These odds are for the English Premier League match between Everton and Arsenal.
The DNB meaning in betting is based on the match result (final score); however, all bets are void, and the stake is returned if the game finishes in a draw. For the game above, if you stake ₦100 on Everton – Draw No Bet, your returns would be:
- Everton win: ₦100 x 2.48 = ₦248
- Match is a draw: the ₦100 stake is returned to your account
- Arsenal win: you lose the bet
Sports Featuring Draw No Bet
Essentially, it’s possible to offer a Draw No Bet market on any sport that has a 3-way match outcome. This immediately rules out sports like tennis, snooker, volleyball, badminton, squash and darts that always result in one player/team winning.
Football is by far the most popular sport for the Draw No Bet market. Its goal-scoring system produces a considerable number of matches ending in a draw. Other sports where you can find this market are ice hockey, (test match) cricket, American football, boxing, baseball, rugby, and basketball.
Although DNB markets are possible with those sports, it doesn’t mean the betting site will offer them. Often with popular US sports like American football, basketball, and baseball, the matches go into overtime if the match is tied at the end of regular time. Therefore, the betting company may only offer a 2-way match result, which includes OT.
Also, as most of these games are relatively high-scoring, the bookmaker may decide there’s no value in the DNB market because this outcome rarely happens. Test cricket is a good option, however. If a game is interrupted by weather, there’s a high chance the game might be drawn.
What Other Betting Markets are Similar to DNB?
With the Draw No Bet meaning understood, you can now compare this market to similar ones more effectively. Let’s look at some comparisons and go through the decision-making process.
1X2 vs DNB
Obviously, the odds of one team winning in the 1X2 market are greater because there is more risk.
Again, we are using the Everton vs Arsenal match. Arsenal is heading into this game as the favourites, but they are playing away, which might make winning more difficult.
Let’s assume we fancy Arsenal, but there’s an element of doubt. Therefore, by using the DNB market, we cover ourselves if the match ends in a draw. In a way, the reduced payout on the DNB market is a form of insurance.
Double Chance vs DNB
As you know the DNB meaning in betting, you’ll see the double chance market is kind of similar. With double chance, your bet covers two or the three possible results. So, if you think Arsenal is going to win, but you want insurance against the draw, you could bet on ‘Draw or Arsenal’. If the match outcome is either of those results, your bet wins.
As the double chance bet covers two selections, the odds are reduced. This is where you must consider the probability of a draw.
Let’s say we stake ₦1,000 on Draw or Arsenal (double chance):
- Arsenal win: ₦1,000 x 1.28 = ₦1,280 return
- Draw: ₦1,000 x 1.28 = ₦1,280 return
- Everton win: Lose
Using the same stake, here are the calculations for the DNB market:
- Arsenal win: ₦1,000 x 1.53 = ₦1,530 return
- Draw: ₦1,000 (stake) return
- Everton win: Lose
If you are favouring Arsenal, the DNB payout is more attractive. Of course, if the match is drawn, you miss out on the profits, but you get your stake back.
Home No Bet & Away No Bet
Both Home No Bet and Away No Bet work on the same principle as Draw No Bet. That is, one of the markets is void, and the bettor’s stake is returned if that result is the match outcome. Here’s an example of the Home No Bet and Away No Bet markets and their odds.
What is Draw No Bet in Bet9ja?
If you’re using a Bet9ja promotion code or simply betting with your own bankroll, this bookmaker has plenty of DNB markets for you. In fact, the examples we’ve used on this page were all taken from this betting company, so you already know the meaning of DNB in Bet9ja.
To find the Draw No Bet market, you need to click on ‘Soccer’ and choose a match. Once you are on the page for the market, make sure the mini-menu tab is on ‘Popular Markets’. Then, scroll down the page to find Draw No Bet. Click on the odds for the team you want to bet on, and the selection will be added to your bet slip.
For the Home No Bet and Away No Bet, you must select ‘Home/Away’ from the submenu. The Home No Bet market is usually the second or third bet on the list. Just below that is the Away No Bet.
Frequently Asked Questions about Draw No Bet
With the Draw No Bet meaning now a part of your knowledge base, you can attack this exciting market with extra confidence and a feeling of insurance that the ‘no bet’ component offers. We’ve added a selection of FAQs with more information for you.
The best odds for DNB markets are when the match has a very hot favourite. The bookmakers will offer generous odds on the underdog because they believe the favourite will win comfortably.
Draw No Bet accumulators are becoming increasingly popular. They work the same way as a standard acca. That is, if one of your selections loses, then the whole accumulator bet is lost.
It depends on the match you are betting on. If you have a heavy favourite with odds of 1.20 or lower, then there won’t be much value in the DNB. However, with two evenly-balanced sides, there is definite value in this market.
There are pros and cons to both. Ultimately, it depends on how likely you think a draw is because double chance gives you a payout for this result, but the payout for your team winning is also reduced in the double chance market.
No, the Draw No Bet market is only valid for normal/regular time. If a match goes to extra time, it is usually because it was a draw in regular time, so the DNB is void.