Draw no bet explained

Draw no bet means exactly what it says: if it is a draw, there is no bet. You pick a team. If they win, the bet wins. If they lose, the stake is gone. If the match ends level, the bet is voided and your stake is returned. Draw no bet is the same as an Asian handicap on the 0 line.

How the odds are formed

Because the draw drops out, the probability is split only between the home and away win. The fair DNB odds for the home team are:

Fair odds = (p1 + p2) / p1

In other words, you treat the home win as if there were no such thing as a draw.

When draw no bet fits

DNB is a good choice when you see a team ahead but cannot rule out a draw. That applies, for example, to evenly matched games or away favourites at difficult grounds. Compared with double chance, DNB pays more for a win and less for a draw.

Mathematically: the higher the probability of a draw, the more attractive double chance becomes; the lower it is, the more DNB is worthwhile. In leagues with many draws, such as Serie B or the French second division, this is an important difference.