The Draw No Bet market has become a very popular across the likes of cricket and soccer. In this guide, we will explain what is involved in draw no bet betting, what draw no bet means, and the best India cricket betting sites for this bet type.
The Best Cricket Draw No Bet Betting Sites
Top 5 Best Cricket Draw No Bet Betting Sites
What Is Draw No Bet Betting?
You may be asking yourself: What is Draw No Bet?
Simply put, Draw No Bet removes the draw outcome in the Match Winner betting market. This leaves you to bet on a home or an away win, with the result of a draw being null and void. Consequently, you're refunded your stake if the match ends in a tie.
Draw No Bet has become a very popular cricket betting market with not only experienced bettors, but also those who want to minimise risk. For example, if you were to bet on India vs Pakistan, and you are not overly convinced of either team scoring a definitive win, then you can opt for Draw No Bet for increased security.
Example: If you backed India in the Draw No Bet market and they win, so will your bet. If the match ends in a draw, your stake will be returned. If Pakistan win, then you will lose the amount you wagered.
*Odds correct at 13:23 BST on 29/3/2021
How to Use Draw No Bet
The Draw No Bet market is available for a variety of sports. For cricket, click onto the cricket tab on the left-hand side or at the top of the page. From here, navigate to a particular match and search for the ‘Draw No Bet’ market.
Usually, this market will be found under a Test cricket match, which is something we will go into more detail later on.
Draw No Bet Betting Tips
Below, we have compiled the most important tips for using Draw No Bet worth keeping in mind.
1. Don’t Be Afraid to Back the Underdog
Few other markets will offer a better way of backing the underdog with reduced risk. In the Draw No Bet market, the third option of ‘tie' is eliminated, meaning that you can only lose money if the team you backed against scores a victory. A draw will see your wager returned.
This simply means that when you back on the underdog, you will get longer odds than if you backed the favourite. In two of the three possible scenarios, the worst situation is that your stake is refunded.
2. Find Evenly Priced Teams
If two sides go into a game evenly priced, then it stands to reason that both their chances of winning are practically equal. It therefore stands to reason that you'd seek to protect yourself against any potential draw; betting on a tie in cricket is not always the best move, as teams rarely go out of their way to achieve such a result unless they are right up against it during a match.
3. Don't Overlook Smaller Leagues
As with any sport, the bookies will do their research and put together popular markets with great odds for the biggest leagues in the world. The likes of the Cricket World Cup, the IPL, Big Bash and the Ashes will see a lot of interest from both bookmaker and bettor.
However, in more niche competitions like the Afghanistan Premier League, you may see that markets are not priced up as well as their more popular counterparts. In this instance, Draw No Bet may come in very useful if you can back an ‘underdog’ that you believe has every chance of beating the supposed favourite.
4. Do Your Research
As with any sport and betting market, any bet you place should be backed up by research, and this is doubly true for Draw No Bet betting. If you look into both teams' current form and past performances before the beginning of a match, you'll be able to properly analyse their strengths and weaknesses, giving you an advantage and helping you make better predictions.
Example: If South Africa have beaten Australia in five of their last 10 matches and drawn twice, then a positive result for the former is likely according to these stats, even if they have been struggling of late.
You may be wary of a draw result, as this has happened in two of the last four matches; therefore, by backing the ‘Proteas' in the Draw No Bet market, you'll be securing yourself and reducing risk.
5. Use Draw No Bet for Test Cricket
Draw No Bet betting is ideal for games and matches that are as likely to end in a tie. For fans of T20 and ODI cricket, this means that the draw no bet market is not massively relevant as the games themselves do not often end in such a way.
This is why this market is best utilised in Test match cricket. Test matches are renowned for going the full distance across five days and ending in a draw.
Check out our detailed guide to Test cricket betting to learn more, along with our list of the best live cricket streaming sites to enjoy the best in-play action around.
Geo-restrictions apply. You must have a funded account or to have placed a bet in the last 24 hours
Other Sports With Draw No Bet Betting
Draw No Bet betting is not just confined to cricket. Indeed, it is probably best used with other sports in which the draw is far more likely, such as:
- Rugby Union
- Rugby League
Alternative Betting Markets to Draw No Bet
Below, we have explained a few of the most popular betting markets that are similar to Draw No Bet betting, and which focusing on many of the same elements.
*Odds correct at 13:25 BST on 29/3/2021
The Match Winner market allows you to wager on which team you think will win the game. Here, you will usually see options like England to win, India to win, or draw. You will then be required to back one of these outcomes. Unlike the Draw No Bet market, which refunds your money if the match ends in a tie, you will lose your stake on a draw outcome in the Match Winner market.
This market will see longer odds on either side to win as there are three possible outcomes here, rather than the two as with Draw No Bet. You will not be able to solely bank on one of the sides winning, though. It is worth doing your research on how often a draw happens as this will usually offer pretty good odds, especially in a football match. This sort of market is incredibly popular in many of the top cricket tournaments as fans love to back their own team.
Best betting site for Match Winner: bet365
*Odds correct at 13:27 BST on 29/3/2021
The handicap market sees you backing a team with a handicap for or against them.
Example: In soccer, a handicap of -1.5 goals is common. This means that your chosen team must beat their opponents by two goals or more for your bet to win. If Chelsea beat Liverpool 4-1, then your bet would win, as Chelsea have won by more than then -1.5 goal handicap. However, if they were to win 2-1, then your bet would lose as they did not overturn the handicap.
You can also back the handicap the opposite way by handing a team an advantage, although this is generally done to a weaker side in order to increase your chances of winning if you've backed them.
Example: If you back Burnley with a +1.5 goal handicap, then your bet would win even if they lost by a single goal. However, if they lost 3-1, then your bet would lose as the opposite team has overturned the handicap amount.
If used correctly, there is a lot of value to be found in handicap betting, although it takes a lot of research and skill to pick out the right level of handicap to apply to a team.
Best betting site for Handicap markets: Unibet
Draw No Bet Betting FAQs
What is Draw No Bet betting?
Draw No Bet is a market that omits ‘draw' from the standard Match Winner option, meaning the only two options left are technically Team A or Team B to win. If the match ends in a tie, then you will have your stake refunded, while if your the team you've backed wins, so will your bet. You will only lose if the team playing against your selection wins.
This market may see the odds of either side winning shorten in comparison to the Match Winner market. However, it does at least provide some protection by returning your wager if the match ends in a draw.
Which are the best betting sites for Draw No Bet betting?
Any of the betting sites we have listed above will offer the Draw No Bet market, along with good odds. That being said, in our opinion, bet365 are the best bookie for this bet type. Their range of sports markets, coupled with competitive odds, useful features and an array of betting payment methods helps to elevate them above the rest, ranking them as one of the very best cricket betting sites around.
Can I use Draw No Bet betting on all sports?
No, you will not be able to use the draw no bet market with all sports. While soccer, cricket, rugby union and basketball all offer Draw No Bet, there are more sports out there that don't. This may be because draws are not possible in the sport, or they are incredibly uncommon, meaning the market would end up serving little purpose to bettors.
What alternative betting markets are there to Draw No Bet?
If you are looking for betting markets that are similar to Draw No Bet, we would recommend Match Winner or Handicap markets, while niche opportunities like To Win the Coin Toss are also popular. If you are looking for markets outside of cricket, then you can back Match Winner and Both Teams to Score in football. In basketball, points betting is incredibly popular.
Many of these markets will be readily available on the best in-play betting sites too.
Geo-restrictions apply. You must have a funded account or to have placed a bet in the last 24 hours
CricketBettingAdvice Final Say
Draw No Bet betting is a fantastic way of reducing risk by omitting the possibility of your draw, returning your stake if a tie does happen. By betting on this market, you will see the odds on either side shorten, but it will at least give you more security in your bet.
As always, be sure to do your research – check out our cricket predictions to get started and learn a few useful tips. Although IPL betting will not usually feature Draw No Bet, it is perfect for Test matches as ties are so commonplace.
As usual, enjoy your yourself, and bet safely and responsibly!
The Cricket Betting Advice team of writers are all defined by one goal: to provide you with the best online cricket betting content on the web.