Draw No Bet Explained: Is the Insurance Worth the Cost?

Draw no bet removes the draw from a football match, giving your stake back as a void bet if the scores finish level. You win if your side wins and lose if they lose. The catch is simple: you pay for that safety net through significantly shorter odds.
- A draw refunds your original stake rather than settling as a loss.
- Bookmakers slash the odds to cover that protection, meaning you need a higher strike rate over time.
- It makes sense when you expect a tight contest with low scoring, not when backing heavy favourites.
- Draw no bet is mathematically identical to an Asian Handicap 0.0 market.
- Draw outcome
- Stake returned in full (void)
- Market type
- Two-way football market
- Asian handicap equivalent
- 0.0 line
What does draw no bet actually mean?
Draw no bet simply strips the draw out of a traditional three-way match market, refunding your money if the game finishes all square. If the team you back takes three points, your bet lands. If they lose, you lose. If they share the points, the bet is void and your stake reappears in your account as if the match never kicked off.
Think of it as turning a standard football match into a coin toss where someone catches the coin if it lands on its edge. In a normal 1X2 market, a 93rd-minute equaliser breaks your heart and takes your money. Here, it just wipes the slate clean. It feels great when a late screamer saves your skin, but you have to understand what you gave up before kick-off to buy that relief.
How much does that safety net actually cost you?
The safety net costs you pure profit margin, because bookmakers heavily reduce your potential payout to compensate for refunding your stake on a draw. You are essentially taking a haircut on the price in exchange for removing roughly a quarter to a third of all possible match outcomes.
Let us say an underdog is trading at 3/1 in the standard match result market. Check their draw no bet price and you will often see it shaved down towards 2/1 or even shorter. That is a massive drop in return. You are asking for insurance, and the bookmaker is very happy to sell it to you at a premium.
Here is how the outcomes shake out compared to the standard market:
- Your team wins: Both markets win, but the standard 1X2 bet pays significantly more.
- Match finishes level: The standard bet loses completely, while draw no bet refunds your stake.
- Your team loses: Both bets lose your entire stake.
When you look at the math, you realise you are not getting a free pass. You are sacrificing a chunk of upside on the days your team actually cruises to victory, just to buy a refund on the days they stall.
When is taking draw no bet actually sensible?
Draw no bet is sensible when you are backing a capable side away from home in a tight, low-scoring fixture where the risk of a stalemate is high. It works best when your analysis suggests one team has a distinct tactical edge, but the game state could easily turn stale.
Imagine a disciplined away side visiting a stubborn mid-table host. You pull up data on FBref or Understat and notice both clubs run exceptionally low expected goals tallies, conceding very few high-quality chances. A 0-0 or 1-1 practically screams off the team sheets. Backing the visitors outright feels fragile because one lucky deflection could force a draw. This is where accepting a shorter price makes genuine tactical sense: you rate their chances of winning, you doubt their chances of losing, but the draw is a massive structural threat.
On the flip side, using this market on heavy home favourites is usually a waste of time. Backing a massive frontrunner on draw no bet crushes the price so low that the risk-to-reward ratio falls off a cliff. If you fancy a giant, either back them straight or leave them alone.
What happens to draw no bet in an accumulator?
If a leg backed as draw no bet ends level in an accumulator, that specific selection is treated as a non-runner with odds of 1.00. The rest of your accumulator carries on running, just with the potential payout adjusted downwards.
So, if you put together a four-fold and three teams win while the fourth draws on a draw no bet line, you do not lose your accumulator. It simply transforms into a winning three-fold. It keeps the slip alive, which is why casual punters love it. Just remember that cramming multiple shortened prices into an acca compounds the bookmaker's margin on every single leg.
Is draw no bet the same as Asian handicap 0.0?
Yes, draw no bet is practically identical to an Asian Handicap 0.0 line in how it settles. Both markets give you a full win on a victory, a full loss on a defeat, and a complete stake refund on a draw.
Here is a tiny trade secret: even though they settle identically, they often carry slightly different prices. Asian handicap markets generally run on tighter theoretical margins because they cater to sharper volume, as tracked across platforms monitoring Opta feeds and global liquidity. If you have decided you want the draw covered, check both tabs. You might find a marginally better price on the Asian line for the exact same physical outcome.
Frequently asked questions
Do I get my money back if my team loses by one goal?
- No. A defeat is a defeat. You only get your stake back if the match finishes as a draw.
Does extra time count for draw no bet?
- No, standard rules apply to the regular 90 minutes plus stoppage time only, unless the market specifically states otherwise.
Can I build my own draw no bet?
- Yes, you can split your total stake across the win and the draw on a normal 1X2 market to replicate the exact same payout structure.
Why are the odds so much lower than a straight win?
- Because the bookmaker is carrying the risk of returning your money on an outcome that happens in roughly a quarter of all matches.
What is the difference between draw no bet and double chance?
- Double chance pays out a profit if your team wins or draws, whereas draw no bet only returns your stake on a draw.
Sources
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Football analytics writer
Alex writes about football analytics and betting markets for Winlytics — expected goals, value, and the data behind the results.
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