Draw No Bet Soccer
Introduction:
Draw no bet is a relatively recent kind of wager offered by various bookmakers – and it brings a different twist to scoring sports popular with punters, with football being the most obvious example. Draw no bet relates to sports like football where a draw is one of the possible outcomes (unlike, say, tennis where one player has to emerge. Betdico is a Football Prediction Site that provides football predictions, tips & analysis based on algorithms. Email - hello@betdico.com. For each soccer prediction listed above, we show the% of picks on that match or market which are in favour of the selection. For example, if there are 100 picks on Luton Town v Man Utd and 50 of the picks are on Luton, 25 on the draw and 25 on Man Utd, then Luton will have a confidence rating of 50%.
In this article, we will be explaining how to bet on soccer. We’ll explain the numerous methods to bet on soccer and the terminology commonly used. Soccer is a widely-bet sport worldwide and there are a number of different ways to bet an individual game.
Betting the 3-way Moneyline:
In soccer, there are many types of competitions with varying rules so it’s always good to be informed prior to placing a bet. In most competitions, draws may be the final result of the game, so there are 3 different outcomes to bet on between Team A and Team B:
Team A wins
Team B wins
Team A and Team B draw
Soccer bets are based on results after 90 minutes of play or, ‘Regular Time’, which includes any time added by the referee in respect of injuries and other stoppages. Any Overtime, Golden Goals or Penalty Shoot-Outs do not count towards these betting since they are not considered ‘Regular Time’. For example, in the elimination stages of the World Cup, a winner is required in the tournament in order to progress to the next stage, but all bets are settled on 90 minutes of play (Regular Time). Thus, a draw is a possible outcome to bet on even in a game where one team must be eliminated. An example of what a 3-way moneyline would look like is:
France -129
Switzerland +325
Draw +250
Betting the 2-way Moneyline without the Draw:
Another way of betting soccer is to take the 2-way moneyline, also known as “Draw, No Bet” This is betting on the outcome of the game without the Draw. The two possible wagers are:
Team A wins
Team B wins
This form of betting eliminates the option of the Draw, and will likely have inflated odds on the favorite and deflated odds on the underdog to win the match since a draw results in no bet. For example, in a World Cup match between France and Switzerland, odds on the 2-way moneyline would like look:
France -310
Switzerland +272
As you can see, there is no option to bet on the draw, and if the game ends in a draw, the bet is refunded or “No-Actioned”, and is as if the bet was never placed.
Betting Goal Lines:
Similar to betting the 2-way moneyline (without the draw), the Goal Line is a way for bettors to win a bet on multiple outcomes of the game. Goal Lines are similar to Puck Lines in hockey and Point Spreads in football or basketball. A Goal Line is typically 0.5 goals but for games with big favorites, the Goal Line may be 1,1.5, 2, 2.5, 3 and so on. A World Cup match between Argentina and Iran looks like this:
Argentina -2.5 goals (+110)
Iran +2.5 goals (-120)
If you bet Argentina -2.5 goals, then to win the bet they must win by 3 goals or more. On the other side, betting Iran +2.5 goals means to win the bet, Iran can win, draw, or lose by 1 or 2 goals.
Betting Totals:
Totals in soccer work differently than other sports and can be shown in multiples of .25 goals. Since scoring is minimal in soccer, bookmakers will often times set a Total of 2.25 or 2.75. For example, if you bet on the Over 2.25 goals, half your bet is placed on “Over 2” and the other half of the bet is placed on “Over 2.5”. If the game settles on 2, you lose half your bet (Over 2.5) and refunded the other half (Over 2). If the game settles on 3, you win both bets (Over 2 and Over 2.5).
Another example is if you bet on the Under 2.75 goals. In this example, half your bet is placed on the Under 2.5 goals and the other half is bet on the Under 3 goals. If the game lands on 3, you’d lose half your bet (Under 2.5) and refunded the other half (Under 3).
The rapid growth in the popularity of football betting has encouraged bookmakers to develop a range of variations on the traditional betting markets. The Draw No Bet option is one such specialist market that can pay dividends for punters willing to get to grips with it, and this handy guide will hopefully give you some pointers on how to profit from Draw No Bet.
What is Draw No Bet?
With a traditional Match Winner market, punters are given three options to bet on: home win, away win or draw. Draw No Bet markets remove one of those outcomes from the equation, to leave just the home win or the away win.
If the game you are betting on finishes as a draw, then, as the name of the market implies, there is effectively no bet. Your stake will be refunded and you will be no worse off than when you started.
Why not just bet on a straight win?
Wouldn’t it just be easier to back the team you fancy in the normal Match Winner market? Say, for example, that Chelsea are at home to Manchester United. If you think Chelsea have the edge, couldn’t you just back a home win. Well, yes you could, but Draw No Bet option has a number of advantages that can make it an attractive option.
For a start, it eliminates one of the trickiest aspects of football betting: working out the probability of the draw. Many football punters are pretty good at weighing up the relative abilities of two opposing teams, but calculating the draw odds is more complicated.
Markets that include the draw as an option also enable bookmakers to increase their margins. Generally speaking, the fewer options available in a betting market, the less opportunity for the bookmaker to make a profit, and the better the return to the punter.
Finally, for cautious punters, the Draw No Bet market also offers a degree of insurance. For example, in the game mentioned above, you might be confident that Chelsea have a tactical advantage against Manchester United, and you might be proven right.
But football is a relatively low scoring game and it frequently happens that the better team is unable to capitalise on their advantage. In those circumstances, the Draw No Bet punter can relax, because even if the poorer team manages to hang on for a draw, the bet will not be a loser.
Why are the odds lower for Draw No Bet?
Anyone who has looked at a Draw No Bet market will notice one very obvious fact. The odds for this market will be much lower than in the traditional Match Winner market. For example, in the game mentioned above, Chelsea might be 11/10 to win in the Match Winner market, but as short as 1/2 in the Draw No Bet market. This may seem strange at first glance, but it makes sense when you remember how odds and probabilities work.
In the above example, odds of 11/10 represent, roughly, a probability of 0.48 or 48 percent. When you add all the odds in any market together, the total will be slightly more than 100 percent (with the excess over 100 percent representing the bookmaker’s profit margin).
By removing the draw from the equation, a chunk of probability has been taken away, so this has to be added back in to the odds on the remaining two options, in order to ensure that the total probability in the market adds up to at least 100.
As a punter, it is up to you to weigh up whether it is worth taking the shorter odds that you find in a Draw No Bet market in order to gain an extra level of insurance.
What happens in Accumulators?
Many football punters like to combine their bets into accumulators, with the profit from each successful bet rolling onto the next one. It can be a good way to bring up a big win for a small stake, but if you’re thinking about combining Draw No Bet selections in an accumulator, you may be wondering what happens in the event of a draw. Does the accumulator fail?
Fortunately, no. For the purposes of accumulator bets, if there is a draw in a Draw No Bet selection, that bet is treated as void, just as if the game had been abandoned. The stake that would have been placed on that particular game simply rolls over to the next selection of the accumulator.
This will obviously reduce the potential final payout but it is a better outcome than the alternative of losing the whole accumulator because of one drawn game.
Draw No Bet strategies
Draw No Bet Soccer
Football punters who bet in the Draw No Bet market will develop their own methods, but there are some commonly used strategies that are worth considering.
The easiest way to get to grips with using Draw No Bet is to use it in those games where a dominant home side is taking on an inferior away team with a strong defensive record. These games can often be frustrating for punters who back the home team as their opponents set out their stall to defend for ninety minutes.
But by backing the stronger side in the Draw No Bet market, you can relax, knowing that if the visitors do hold on for a draw, you won’t lose any money, while their defensive attitude will all but rule out the chance of an away win.
Punters who do their homework on obscure teams and competitions may also find that their edge increases when backing Draw No Bet.
While building up your knowledge of the Turkish TFF Second League or the Belarusian Premier League will often be to your advantage as bookmakers don’t have the resources to have specialists analysing the smaller leagues, this advantage increases in Draw No Bet markets, which bookmakers tend to price up automatically, based on the Match Winner odds. By combining expertise in an obscure league with expertise in this specialist market, punters can gain a bigger edge.
Finally, one trick that can come in handy is to compare the Draw No Bet odds with the Asian Handicap 0:0 market, which effectively offers the same bet. Sometimes the available odds will be higher on one market than the other, though the bets amount to the same thing. By taking the higher odds, you will be increasing the chance that your bet represents value.
Soccer Betting Tips
Conclusion
As we’ve seen above, the Draw No Bet market has a number of advantages. By removing the draw option, it makes it easier for punters to analyse a game and weigh up the probable outcome. It also offers a degree of insurance for those situations when the team you’ve backed is denied a win through bad luck or dogged defending, and unlike a traditional Match Winner bet, a Draw No Bet selection won’t ruin your accumulator if the game ends in a draw.
Draw No Bet In Soccer
While the fundamentals of betting in the Draw No Bet market remain the same as for the Match Winner market, and require the punter to accurately weigh up the chances of the two opposing teams, many punters prefer to go Draw No Bet for the reduced complexity and added insurance it offers. For football punters looking for an alternative to the traditional Match Winner market, it is definitely worth considering as part of your football betting strategy.