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.Example
If 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.