Where the Draw doesn’t work, Draw No Bet!

Published on: Category: Betting Guide

Several times between rival fans we have a situation where one bets on the ace and the other one on the double. If a draw occurs, there is no winner. Has it ever crossed your mind that your rival could be a bookmaker? That’s right!

It’s a betting method with loyal followers. Example: Barcelona will play an away game against Levante, having many absences, and after playing a difficult game in the Champions League. Therefore, you get carried away and think that it is unlikely for the double to be the winner thus giving the ace the probability of a win. The odds of 5.00 on the ace, are quite attractive so you bet your money on Levante. Surprisingly, the final score is 0-0 and although you had predicted correctly, you still lose!

You would have your stake returned, simply by betting the same amount on draw instead of ace. Let’s say you had bet, for example, EUR 20 on Levante and the draw odds were 3.30,  when you should have bet 20 / 3.3 = EUR 6 on draw and the remaining EUR 14 on ace.

This betting strategy is widely used online and it is known as Draw No Bet. The odds are calculated in such a way that they allow the betting companies to profit from the money you bet on X for cover.

For instance, instead of placing two individual bets (EUR 14 on the ace with odds of 5.00 and EUR 6 on Χ with odds of 3.30), the bookmaker is giving you the opportunity to place this specific bet with fixed odds of 3.50 on Ace Draw No Bet (1 DNB). In other words, 14×5=70=20×3.50.

You might also like

Betting Theory: Rush to catch up…

It is common ground among Betting experts that sports bettors never win. Well, there is no truth to that at all! Although there is no doubt that Betting is not…

Definition of Juice (Vigorish)

What is Juice (vigorish) in betting? Are you familiar with the term “juice” in sports betting? Below, we offer a simple explanation; it is the amount of money (commission) a…

Betting Theory: Managing Emotions

There is a fine line between success and failure. You must bear this in mind if you decide to engage in betting activities. To some people, it is more than…
e-sports

Bet on E-Sports!

The term E-Sports refers to all games, internet games, that a lot of avid fans choose to play. Over the past years, there is a growing interest in these games…

Why do we bet less often on national teams?

Football Betting mainly concerns football leagues. Since they have a bigger piece of the pie during the season, it is only reasonable for bettors to bet on certain countries, to…

Sports Betting Bankroll Management

In this article you will find some useful tips regarding proper bankroll management in sports betting. Bankroll Management is a key factor to successful sports betting. Bankroll is the capital set…

Basic Betting Tips

Only a few among those involved in betting are lucky enough to really profit from it. Follow our Basic Betting Tips, and perhaps you could become one of them. Or,…