What is a Draw No Bet Wager in Soccer Betting?

Soccer is the most popular sport globally, even though it may not seem like it in the United States. And because soccer is played all over the world over the course of the entire calendar year, it is often a sport one will find as a live betting option when bettors open their preferred sportsbook apps or are at a sportsbook in person.

There are many different ways to bet on soccer, and this article goes into further depth about “What is a Draw No Bet Wager in soccer betting?”

What is a Draw No Bet Wager in Soccer Betting?

Let’s explore the question “what is a Draw No Bet Wager in soccer betting?”

How soccer betting differs from most other sports?

One of the most popular types of wagers in sports betting is a moneyline wager, where one backs a team to win outright. However, while most sports have two options (Team A or Team B) to wager on, soccer has a three-way moneyline option for its matches which includes a draw (or tie).

The biggest difference for sports like basketball, baseball, or football, is that if you back a team’s moneyline odds, your bet will cash even if that team wins in overtime or extra innings.

In soccer, three-way moneyline wagers abide by the 90-minute rule. In tournament settings where there may be extra time periods, soccer moneyline wagers are instead decided by what the score is and if anyone wins the match in regular time (prior to any extra time periods or penalty kicks).

Below is a screenshot from DraftKings with three-way moneyline options among Premier League matches. Note that in addition to being able to wager on one team or the other, a third option (“draw”) exists.

What is a “Draw No Bet” Wager?

In the above example, suppose one places a moneyline wager on the Man City-Crystal Palace match, but the match ends in a 1-1 draw. In that case, moneyline wagers on Man City and Crystal Palace would both have lost, and only those who wagered on the “Draw” option at +350 odds would be paid.

For those who want to take draws out of the equation and simply wager on one team to win, the “Draw No Bet” option could be more worthwhile.

Below is a screenshot of the same English Premier League matches as above, but involves only the “Draw No Bet” odds.

Now the odds are more like a traditional basketball or football game where you are betting on one team to win.

If one bets Man City to win at -525 odds and the match ends in a draw, that moneyline bet is voided and refunded, as opposed to being recorded as a losing bet like it would’ve been under the standard three-way moneyline option when draws were part of the calculation.

The Difference in Odds on a “Draw No Bet” Wager

Since a “Draw No Bet” wager minimizes a lot of risk by bets being refunded if the match ends in a tie, the odds are naturally way different compared to a three-way moneyline wager.

In these two examples, notice how Man City’s moneyline odds spike from -200 on a three-way wager to -525 on a “Draw No Bet” wager. On a $100 bet, a successful wager at -200 odds would win $50, while at -525 odds it would return $19.05 in profits.

Mike Spector is a featured writer at BettingPros. For more from Mike, check out his archive and follow him @MikeSpector01.