You may have seen the “Draw No Bet” type of bet in a bookmaker and you are wondering what it means. This is a variant of the 1X2 bet type and in this article, we will explain to you what Draw No Bet is and how to play it effectively. Find out what Draw No Bet is at fb777 today and register.
Explanation of Draw No Bet
Draw No Bet may sound complicated but the truth is it’s very simple. This is a type of bet that is becoming quite popular with bettors who do not want to take risks when betting. No bet draw allows you to bet on the “home” or “away” result on three-way odds but the possibility of a “draw” has been eliminated. This means that if a draw occurs, your bet will be refunded in full.
When participating in betting on this bet, you should not expect a large odds ratio. It is likely that it will reduce the odds because this type of bet has less risk for the player. That is why usually betting markets such as no bet draw and double chance have worse odds than the team winning the match or the correct score. For example, you can see the example above, you choose Man United to win with a ratio of -600, while Chelsea’s door wins with a ratio of +400, but if the two teams draw this match, you will be refunded by the dealer.
Keep in mind that not all bookmakers offer this betting option for different sports, mainly because sports such as Basketball and volleyball cannot end in a draw. So this type of bet is only for some sports like football. Some bookmakers may offer for both the first and second halves of matches besides the full-time result.
Example of Draw No Bet
Suppose you bet on the match between Tottenham vs Southamton. The odds for each outcome in the two outcomes of this hypothetical match are listed as follows:
- Southampton – 21/20 (2.05)
- Tottenham – 7/10 (1.70)
If you are betting on a simple 1X2 win or lose, the odds will be the same:
- Southampton – 21/10 (3.10)
- Tottenham – 29/20 (2.45)
Because the “draw” result is taken away, the odds will be reduced. Assuming that on the “no draw” bet we listed above, you bet £20 on the belief that Tottenham will win the match. If they win, you will win £21 and the total amount you will receive will be £41. If the match ends in a draw, you will get back the full amount (£20) of your bet and as such you have not placed a bet from the start. If Southampton wins the match, you will lose £20 of your bet on this match.
Double chance bets are similar
There is a similar type of bet that you can try if the fb777 does not offer Draw No Bet, which is the “double chance” bet because it still gives you a percentage of safety. When placing a double chance bet, you place 2 of the three possible outcomes of the match, for example:
The home team wins and draws – meaning the home team does not lose, you will win the bet.
The home team wins or the away team wins – meaning the result of the match is not a draw, you will win the bet.
The away team wins and draws – the away team does not return with a loss, you win the bet.
The odds of this bet will not be as good as the bet on who wins the match, but if you like to place low risk bets, then this will be the perfect choice for you. In addition, you can also refer to how to see the Odds And Fix of the dealer to be able to participate in the best way and bring home many victories.
