'Draw No Bet' Guide and Tips

Draw No Bet

⚽Which sports use Draw No Bet?
💡How to use Draw No Bet
✨When to use Draw No Bet
✅Bets are similar to Draw No Bet

A Draw No Bet, sometimes listed as Tie No Bet, is a type of betting wager. As the name indicates, a Draw No Bet wager becomes void if the match ends in a draw. In a situation in which the match ends in a draw, the stake will be refunded to the bettor. Let’s use an example.

Two teams are playing against each other: Team X vs Team Y. You take a Draw No Bet wager on Team X. If Team X wins, you win in entirety. If Team X loses, you lose your full stake. But if the match ends in a draw, your stake is returned and you are left with nothing lost, nothing gained.

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Which sports use Draw No Bet?

A Draw No Bet wager is most popular in soccer. This is because of the frequency of draws that occur in soccer. Draws occur around 25% of the time in soccer, making them so frequent that typical soccer moneyline markets include draw as a bettable result.

Soccer’s traditional betting market is the 1X2 market. 1 stands for the home team, X for a draw, and 2 for the road team. Bets can be made on 1, X, or 2. They can also be combined. For example, 1X would indicate a wager on the home side and on a draw. If either occurs, the bet is paid in full.

Bettors should be aware that draws in soccer are for the initial 90 minutes, plus any stoppage time. If the match is part of a playoff and requires extra time, a draw bet would still cash, even if a winner was to be determined later.

Draw no bets may be found in other sports, but are rare. Chess, rugby, Most sportsbooks will refund wagers in the event of draws in sports where the likelihood of one occurring is very low. These include boxing and American football, in which draws are extremely uncommon.

How to use Draw No Bet

To take a Draw No Bet wager, go to your sportsbook and look under the game lines for Draw No Bet or Tie No Bet markets. These may be found directly above the moneyline market or under game props. Only two sides should be shown, since the draw will have been eliminated. Here is a look at which sportsbooks offer a Draw No Bet and how to find it:

On DraftKings, you can find Draw No Bet under the Popular tab of any game or under Game Lines, listed as Draw No Bet (Regular Time).
On FanDuel, Draw No Bet is listed as “Tie No Bet” under the Popular tab.
On BetMGM, Draw No Bet is found under the Team tab.
On Caesars, Draw No Bet is found under the Team Props tab.

When to use Draw No Bet

Draw No Bet wagers can be a great angle for sports bettors looking to back an underdog. The reasoning is that the odds for an underdog will still be long in the Draw No Bet market, but bettors enjoy the safety offered. If the favorite still manages to muster a draw despite not playing well enough to win, underdog bettors in the Draw No Bet market will still get their money back.

Draw No Bet wagers can be a great angle for sports bettors looking to back an underdog.

Draw No Bet is especially a good option for soccer bettors in tournament settings with double-leg formats. For example, if a team is up on aggregate, a draw will get them through to the next round. So a team that is leading may look to slow down the match and play very defensively. Since they are content with a draw, they will show no urgency to score and win the game. This makes a Draw No Bet a potentially safer play in those situations.

Draw No Bet can also be a good wager for betting on home teams in soccer. This is because home teams tend to perform better than away teams, so their chances of earning at least a draw are greater. Major League Soccer, or the MLS, is notorious for its strong home field advantages. It is difficult to win a game on the road in the MLS. Therefore, it can be profitable to back an MLS home team in the Draw No Bet market, since you will profit with a win and be refunded with a draw.

What other types of bets are similar to Draw No Bet?

A Draw No Bet wager is similar to a “Pick ‘em” bet in some sports, or an Asian handicap wager of 0. A pick ‘em bet is when you pick one side to win. If the match ends in a draw, your bet “pushes,” and becomes void. This is just like what happens for a Draw No Bet wager in the event of a draw.

An Asian handicap wager offers additional points to a side, in an effort to “even out” the playing field. For a better team to win, they will have to cover more points. For example, if Team X is a -1 favorite in the Asian handicap market, they will have to win by 2 for them to cover. If they lose, they do not cover.

If they win by 1, the bet pushes, and is refunded. If the match ends in a draw, they also lose, since a draw means there were 0 points between the two sides. So if you bet on an Asian handicap wager of 0, your bet pushes in the event of a draw, refunding your stake. This is why Draw No Bet and an Asian handicap wager of 0 are essentially the same.