Draw No Bet Definition
“Draw no bet” is commonly used when betting on sports team matches, and means that punters will get their stake back if the game is a draw. This is particularly popular with soccer/football match bets.
ExampleIf Chelsea and Manchester United are playing a match and the score is 1 – 1, punters who chose “draw no bet” get their money back. If the score s 1-2 and they didn’t predict this score or choose the correct winner, they lose their stake.
Draw No Bet Pros and Cons
Pros
- Many sporting events end up being a draw and this is a way for punters to protect themselves.
- “Draw no bet” is not always available as an option on all or some bets.
- The odds are slightly lower when “draw no bet” is selected.
