"Draw No Bet" is a type of betting option that provides more flexibility and security to bettors, particularly in sports events where a draw is possible. In this type of bet, bettors are given the opportunity to bet on two selections:
Home Team to Win: If the home team wins the match, the bet is settled as a win, and the bettor receives the corresponding payout.
Away Team to Win: If the away team wins the match, the bet is settled as a win, and the bettor receives the corresponding payout.
*The data used in the screenshot are indicative.
However, the key feature of Draw No Bet is that if the match outcome is a draw, the stake placed on this bet is refunded to the bettor. This means that the bettor does not lose their money in the event of a draw and is returned the original stake amount.
This type of bet is equivalent to the "Asian Handicap 0" where the draw is effectively eliminated as an outcome. The terms "Draw No Bet" are often used interchangeably in the betting industry to refer to this particular type of betting option.
"Draw No Bet" is a popular choice among bettors looking for a bit of insurance when betting on sports events where a Draw is a possible outcome. It provides a level of protection against the uncertainty of a draw, making it an appealing option for many sports enthusiasts.