First steps for choosing an operator that that’s right for you
Are you looking for a wager that will give you a guarantee against loss? The Draw No Bet is quite likely the best option to do just that. Although the odds for this kind of bet are lower than that of a simple bet on a team’s victory, it’s still an excellent way to safeguard your investment.
If Draw No Bet still seems like abstract concept then by reading this article you’ll know more about how this market works and how to find a bookmaker who offers it.
How does Draw No Bet work?
Draw No Bet wagering gives you the chance to bet on a team’s victory with the assurance that the amount you wagered will be refunded if the match ends with a tie. That makes it a bit different than a simple bet on a team’s win.
As previously mentioned, in a normal winning bet, if you wager on a team’s victory and they win, then you win the wager. However, if the game ends in a draw, you lose your money. While on the Draw No Bet market, if the game ends in a draw, the money that you bet will be reimbursed..
This means that you’re protected against last-minute tie games, bad referee decisions and other frustrating scenarios. However, if the team that you dismissed wins the game, then your bet will always lose.
For example, let’s look at game pitting PSG against Saint-Étienne where you decide to place a bet of 25 euros on PSG with a Draw No Bet option. If the match ends with a score of 2-2, then although your bet was not a winner, you’ll still receive a refund of 25 euros whereas you would have lost all of your initial investment in a simple bet.
Finding a bookmaker who offers the Draw No Bet option
To find out if a bookmaker offers Draw No Bet, you need only consult the list of available bets for the game of your choice in order to see if this option is included. Note that Draw No Bet may one or both halves of a game, either pre-match or while in progress. This type of bet is generally offered by bookmakers such as MrXbet, 1xbet, Pinnacle and Betfair.
What to do if a bookmaker doesn’t offer this kind of bet
To get past the difficulty of finding a bookmaker who offers Draw No Bet, you can simply create your own version of this bet..
To do this, divide your total wager by the decimal odds of a tie game. Place this amount on the tie game wager and the rest on your favorite team.
Let’s imagine a match with France against Bulgaria, with odds of 3.5 for a tie game. Here’s how to wager on a win for France (1.7 odds) and to create your own Draw No Bet by using the odds below. Let’s consider a bet of 100 euros.
You must first divide your bet (100 euros) by the odds for a draw, which is about 28.60 euros when rounding off after the decimal. Place this amount on the tie game option (3.50). If the bet is a winner, you’ll get back 100 euros.
So you’ll have 71.40 euros remaining to place on a win for France. If France does win, your return will be 121.38 euros. As indicated below, you won’t receive anything if Scotland wins.