What is draw no bet? Draw no bet meaning explained.
There always seems to be a bit of confusion over the ‘draw no bet’ market, and it seems a lot of people want the draw no bet explained.
Put simply, the draw no bet gives you the opportunity to get your stake back should the match finish in a draw. The down side is that the odds you get for your side to win are less than if you bet in an outright market. However should your team lose you still lose your stake.
Here is an example from an Italy v England game:
In the normal 90 minute market, the game is priced up as:
Italy17/10 Draw 21/10 England 2/1
The draw no bet market is:
Italy 4/5 England 10/11
If you were to put £10 on England in the 90 minute market at 2/1, then you would get £30 back (£20 profit + £10 stake) if England win, £0 back if it finished a draw, and £0 back if Italy were to win.
A safer option would be to be back England in the Draw No Bet market. £10 on England draw no bet would return £19.09 (£9.09 profit and £10 stake) if England win, £10 back (stake only) if it is a draw, and £0 back if Italy win.
I hope this helps, the draw no bet meaning can be a difficult one to get your head around!
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