You may have heard about what is called the draw no bet function (DNB) when you play on any sports betting platform; but do you know what this option means? Continue reading to find out!
Meaning of Draw no Bet
‘Draw no bet’ option means that you can bet your chances for or against a home team. If you win the bet - you get money, if you lose – you lose money, and if the match ends in a draw – you will get the sum of money you bet back. It is very simple. The ‘Draw no Bet’ option in football works where the odds come from 1x2 markets.
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‘Draw no Bet’ is one of the most popular things in the world of sports betting, and it keeps getting more popular because of how much risk it absorbs. If you want to surely win money and still have the option of not to losing money, then you need to use the ‘Draw no bet’ option in football. On average, one out of every four football match ends in a draw. This means you almost always have a chance to get your money back from the bet.
What is the main advantage of the ‘draw no bet’ function? The probability of losing is pretty low! You can use this bet if you need to:
- Secure your bet and get money back if there is a draw.
- Protect your money if you believe that there is a high possibility for a draw.
- Bet big sums of money since it gives you better chances of winning.
'Draw no bet' in sport betting
‘Draw no bet’ removes the chances of you losing your money when a match ends in draw. Therefore, all you have to do is bet on the winning chances of one of the teams in the game. If you select your team successfully – you win money! If there is a draw, you will get your bet back. Nonetheless, if another team wins – you lose the money.
How draw no bet works?
‘Draw no bet’ is usually offered by many bookmakers’ websites. You can even create your own ‘draw no bet’ option using 1x2 odds. And how can you win the game? Let us use two teams, Liverpool and Hoffenheim, for example. The odds for the ‘draw no bet’ market are:
- Liverpool wins – 1.5
- Hoffenheim wins 4.0
If you choose the ‘draw no bet’ option, then you will need to choose who wins the match. Let us take for instance that you placed N1000 on Liverpool, if this team wins – you get N500 extra. If it loses, you lose your bet. Nonetheless, if there is a draw in the match – you will get your N1000 back.
Conclusion
As demonstrated, the main idea of using the ‘draw no bet’ option is to reduce your chances of losing money. Nonetheless, do not forget that the ‘draw no bet’ option in football is needed for bookmaker companies too. Unfortunately, if you win your bet using this option, you will get less money than if you place your bet without it.
Why is this so? Well, if you are willing to risk less you will get less when you win the game - it is as simple as that. If you place your bet on only the winner of the match, you will get more money from the stake. However, you can also lose all your money if something goes wrong.
It is therefore up to you to decide whether to use the ‘draw no bet’ option or stick to simply betting on the winning team!
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Source: Naija.ng