You may have come across the term "Draw No Bet" in a betting site and are wondering what it exactly means. It is a variation of the 1X2 market, and in this article, Wintips will explain what Draw No Bet is and how to play it effectively. Let's find out and add it to your football betting knowledge!
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What is Draw No Bet?
The term "Draw No Bet" may sound complicated, but in reality, it is quite simple. This type of betting has become popular among those who want to avoid taking too much risk in their bets.
In Draw No Bet, you have to choose between two options - betting on the home team to win or the away team to win. If the match ends in a draw, the player's stake will be refunded. This type of bet is based on the Asian handicap principle, so there will be no handicap between the two participating teams. Draw No Bet only slightly adjusts the odds between the favored and the underdog team, with the favored team having slightly lower odds.
It is often referred to as "Draw No Bet" because, in this type of bet, if the match ends in a draw, it is considered as if the bet was never placed, and the stake is returned by the reputable bookmakers.
Find out more : what is an asian handicap bet
Step-by-step guide to placing Draw No Bet
Placing a Draw No Bet is similar to placing an Asian handicap bet. That means you have only two options to bet on:
Home team to win
Away team to win
For example, let's analyze a match between Chelsea and Liverpool. If a player bets on the away team, Liverpool, to win, after the match is over, the following scenarios will occur:
If Chelsea wins: The player loses the entire stake.
If Liverpool wins: The player wins the money according to the odds set by the bookmakers.
If Chelsea draws with Liverpool: The reputable bookmaker will refund the player's stake.
Draw No Bet can be considered a relatively safe betting option. If the match result is a draw, it ensures that the player doesn't lose money, and their stake is returned.
Tips for playing Draw No Bet and increasing your chances of winning
Now that you understand what Draw No Bet is and how the payout is calculated, it's essential to pocket some tips to play this type of bet effectively. Let's explore:
Thoroughly analyze the information about both teams
When betting at reputable bookmakers, you need to research thoroughly based on the actual situation of both teams. For example: the recent performance of the two teams in their last 5 matches, the number of goals scored in the previous match, the coaches of each team, the list of injured players who cannot participate, the number of red and yellow cards in the previous match between the two teams, tactics, playing style, external conditions, etc.
Analyze the strength of the teams
If team X is much stronger than team Y, you should not place a Draw No Bet. Instead, you should opt for Asian handicap betting to optimize your potential winnings.
Analyze the odds set by the bookmakers
Reputable bookmakers will offer odds for each match. You should carefully refer to the odds table of the bookmakers to choose a reliable and quality betting site.
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Draw No Bet is the safest choice, helping bettors minimize the risk of losing a bet. However, the most crucial aspect is still your analysis and alertness to specific developments in the types of bets and the matches themselves.