A Draw No Bet is a way in which you can insure yourself when
betting on a football match. In a draw no bet, you are only putting your stake
on two results, a win or a loss, so that if there is a draw in the match then
you get your stake back. You pick a selection and win if the prediction is
correct without losing your money in case there is a draw.
Let us take the example of say Manchester United v Chelsea.
The odds for an outright win for Manchester United may be something like 2.20.
This means that a stake of Ksh 1000 would yield Ksh 2200 if Manchester United wins.
Under the same circumstances, a draw or a win for Chelsea means you lose your
stake. On the contrary, the odds on a draw no bet may be something like 1.50 as
there is an added insurance in the bet which is taken care of by lowering the
odds. So if Manchester United wins, then your draw not bet earns you Ksh 1500.
If there is a draw, you get back your Ksh 1000. If Chelsea wins you lose your
Ksh 1000.
When picking on the draw no bet option, you should consider
whether the extra insurance is worth it or not. If the team you are betting on
is a straight favorite to win the match, then the draw no bet option will offer
extremely small and unattractive odds. This may not be bad if you are doing a
multiple bet, but for a single or a double, the draw not bet option may offer
little to no value. Still, the little profit may be what suits your situation
and getting it at a guaranteed insurance of the draw not bet option may be
worth it. Therefore, a draw not bet option should be considered after the risk
and reward presented by a match has been carefully assessed.
When should you take the draw not bet option? The draw no
bet option is ideal when you are betting for a strong team that is playing
against a weaker but stubborn side. A weaker team with a strong defense can
frustrate any side, no matter how strong that side is, resulting in a draw. So
if you think that the team you are backing may not win simply because the
opponents may defend with their lives just to get a draw, then you can take the
lower odds offered in the draw no bet market just to be on the safe side.
Draw not bet option is often overlooked and even undervalued
by many punters, but when carefully used it can bring good returns. As a punter
looking to use this option, just make sure you assess the odds for a match
carefully. If you think the teams involved may fight to a heartbreaking draw,
cushioning your stake by taking the lower but less risky option of the draw no
bet is advisable. Similarly, you may consider the 0.0 Asian Handicap odds as it
almost means the same thing as the draw no bet but offers higher odds. A
straight bet on the favorite is advisable when you want to invest a lower stake
to get a bigger return.