Draw No Bet is a betting market which removes the outcome of a draw on three-way markets, allowing bettors to bet on either a home or away win. This article explains what Draw No Bet betting is, gives example bets and explains how to calculate your own Draw No Bet odds from 1X2 markets. Draw No Bet is a bet type that removes the draw result from a 3-way betting market. The market is regularly available on betting markets where the draw is firmly in the market, like soccer matches. If the match results in a draw, all bets are refunded.

You’ve almost definitely seen the draw no bet mentioned if you’ve scrolled through the football coupons with any major online bookmaker but what exactly is it? How does it work? Whatever your questions, we’ve got you covered.

What is a draw no bet?

Let’s not complicate something that doesn’t need to complicated. The draw no bet market means you are backing a team to win. If they win, you win. If they lose, you lose.

Then there is the other possible match outcome – the draw. If the match you’ve bet on ends in a tie then you neither win or lose and your stake is refunded in its entirety with no terms and no questions asked.

How are the odds impacted?

By effectively removing the draw as a potential match outcome you’ve taken away part of the bookies protection i.e. both you and the bookie have just one outcome that will settle the bet. As a result, odds will be reduced from a standard match result wager. It’s not all bad news though because your risk is also greatly reduced.

Let’s look at an example using odds on offer by William Hill for the Premier League opening weekend.

In a standard match result bet the West Ham vs Newcastle game offers the following:

West Ham win 23/20

Draw 5/2

Newcastle win 23/10

Now let’s say you fancy West Ham to win. A £10 stake would give you £11.50 of profit. The game, however, is quite finely balanced with Newcastle known to be a tough outfit to breakdown but one that offer little in an attacking sense – particularly when they’re away from home. It’s plausible that the match might end in a draw and thus you’d lose your bet.

In the draw no bet market, a draw means your £10 is only lost if Newcastle win. Backing West Ham in this market does mean your odds shorten from 23/20 to 8/15 meaning the potential profit drops from £11.50 to £5.33 but the likelihood of losing entirely is greatly reduced.

Can you combine multiple draw no bet?

If the reduced risk appeals but the reduced profit makes you less inclined to place a draw no bet wager then perhaps you’ll be pleased to know that you can combine multiple selections to form doubles, trebles or even accumulator bets. There are two ways this might be of interest. We’ll use the example of a double to explain them.

Firstly, let’s say there are two games that you feel are close to call with the draw outcome posing a risk. Let’s use West Ham vs Newcastle and Tottenham vs Everton. A standard double where you’re backing both home teams to win i.e. a draw sees you lose, returns £29.42 profit off a £10 stake. Eliminate some risk though by moving into the draw no bet market on both games and you could see £10.91 profit.

The other scenario is where you have selections that have varying degrees of probability. We’ll stick with the West Ham Newcastle match as one that’s in the balance whilst Liverpool are a reasonably safe bet to beat Leeds at Anfield.

If you bet on Liverpool in the draw no bet market then those odds become heavily odds on and somewhat unattractive. Instead of leaving the bet well alone, you could wager on Liverpool to win in a standard match result scenario with the West Ham selection going through as a draw no bet. This way, you have the best of both worlds. If a draw occurs in the West Ham game, your stake won’t be returned but the bet will become a single bet on a Liverpool win.

Where you use the draw no bet approach in an accumulator scenario, any draw no bet selections that end in a draw just drop out of your accumulator i.e. an eight-fold with one draw no bet selection ending in a draw means your bet becomes a seven-fold, if it’s two then it becomes a six-fold and so-on.

There you have it, the draw no bet explained. Good luck and bet safe.

NHL regulation time betting has recently become a very popular option for hockey bettors, especially for anyone looking to get better odds on a favourite or not wanting to have their bet settled in overtime or a shootout.

In case you aren’t familiar with NHL regulation time betting, it’s when you bet on what happens in the first 3 periods of the gameonly. What happens in OT or a shootout is irrelevant.

In NHL regulation time betting, most sportsbooks offer 3 main options:

• 2 way Moneyline
• 3 way Moneyline
• Puck Line

On the 2-way Moneyline, you can either take the visiting team to win or the home team to win. If the score is tied at the end of regulation time, your bet will push (cancelled) and your money will be refunded.

When betting the 3-way Moneyline, in addition to the visiting team to win or home team to win, you can also choose Draw (tie). If the score is tied at the end of regulation time, the game will be graded as a Draw. Any bets on the visiting team or home team will lose.

For puck line betting, the favourite is assessed a -0.5 handicap and the underdog will get a +0.5 handicap. If the game is tied at the end of regulation time, the underdog will have covered the spread because +0.5 is added to their score – similar to point spreads in basketball or football.

Sportsbooks generally do not offer Over/Under (where you bet on the number of goals scored) in regulation time betting.

Now that we’ve quickly gone over your options when doing regulation time betting in hockey, here are 3 key things you need to know about NHL regulation time betting.

1. NHL regulation time betting can drastically affect your payout.

Here is how the three main types of NHL regulation time betting odds compare to if you bet the full game:

2 way NHL betting odds

Regulation time betting odds will be fairly similar to the full-game odds. However, the bigger the favourite is on the full-game odds, the bigger the difference will be on the regulation time odds. That’s because a big favourite is a bit less likely to win a game that goes to OT or a shootout (which are both generally considered 50/50 propositions) than it is to win a game that is decided in the first 60 minutes.

3 way NHL betting odds

Payouts for both the favourite and underdog will be quite a bit higher than the full-time odds because of the possibility both will lose if the game is tied after regulation (Draw). The underdog odds will increase much more than the favourite because of the increased unlikelihood that the underdog wins in regulation.

Puck line odds

The favourite’s payout will be quite a bit higher because of the requirement of winning in regulation time, similar to the three way moneyline bet. However, payout on an underdog will decrease significantly because the underdog has 2 ways to cover the +0.5 puck line: winning the game in regulation OR being tied after regulation (similar to double chance in soccer).

2. NHL regulation time betting can drastically affect your chances of winning.

It might not sound like that big of a difference, but taking a team to win in regulation time severely decreases your chances of winning your bet.

Over a 5-year span from the start of the 2011-12 season to the end of the 2015-16 campaign, there was a total of 4,290 regular-season games played in the NHL. Of those 4,290 games, 1,350 of them were decided in OT or a shootout.

That’s awhopping 23.9% of games that were tied after regulation time – which would cause you to lose your 3 way money line bet (unless you took the draw, of course) and if you took the favourite -0.5 on the puck line.

So what are fair odds on a regulation time bet?

How to determine what odds should be on a regulation time bet

Win Draw Win Bet Explained Poker

Obviously, the odds will vary on every game so there’s no hard and fast way to tell whether you’re getting fair value on your regulation time bet.

But here’s a little math you can use as a rule of thumb in a 3 way moneyline or a regulation puck line bet.

• In a game between 2 evenly-matched teams, the true odds on each team should be +100 (even money).
• In a game between 2 evenly-matched teams, there’s approximately 24% probability that the game will go to OT.
• That means that for every 100 times you placed a bet in this situation on a team to win in regulation, you’d lose 24 of them. That leaves 76 times out of 100 that either Team A or Team B wins in regulation time.
• If the teams are evenly matched, they’ve each got a 50/50 shot at winning those 76 games. So over time, Team A wins the game in regulation 38 times out of 100, and Team B wins the game in regulation 38 times out of 100.
• If Team A has a 38% chance of winning, Team B has a 38% chance of winning, and the Draw has a 24% chance of winning, that means that fair odds on Team A should be +163, fair odds on Team B should be +163 and fair odds on the Draw should be +317.

As you can see from the above scenario, if there’s a team that has a 50% chance to win the game and you take them in regulation time, you should get an extra 60 cents or more on the moneyline to reflect the increased improbability of winning your wager.

In this real-life example from Pinnacle.com, you can see how the odds for a full-game win and a regulation time differ by approximately 60 cents.

The Wild pays -128 on the full-game line and +131 on the -0.5 regulation puck line, which is a difference of 59 cents (28 + 31). Conversely, the Oilers are +116 on the full-game line and -145 on the +0.5 regulation puck line, a difference of 61 cents (16 +45).

If your sportsbook isn’t offering you approximately 60 cents better odds for taking a team to win in regulation time instead of the full game, you probably aren’t getting the value that you should.

And if you’re taking an underdog +0.5 in regulation time (giving yourself a chance to win on the Draw as well as the underdog win in regulation), make sure you aren’t paying much more than 60 cents on the odds for your increased probability of winning.

3. You have other options.

If you’re looking to either improve your payout or your chances of winning a bet, you don’t necessarily have to use NHL regulation time betting.

Here are a few other ways you can accomplish those things without limiting your bet to regulation time:

• -1.5/+1.5 Puck line
• +1/-1 Puck line
• Team Total

With the +1.5-/1.5 puck line, you either lay -1.5 goals with the favourite or take +1.5 goals with the underdog. The favourite will now need to win the game by 2 goals or more, which happens much more rarely in the NHL these days, but you can get rewarded with a huge payout if you win (often +200 or higher). If you take +1.5 goals with the underdog, you’ve dramatically increased your chances of winning but you’ll need to be prepared to lay -200 or higher in juice.

The +1/-1 Puck line is a safer way to play the puck line if you like the favourite, since your -1 puck line bet will push instead of lose if the favourite wins by 1 goal. You’ll still need the favourite to win by 2 or more goals to win your bet, and the payout won’t be nearly as high. The +1 puck line on an underdog will allow you to push if they lose by 1 goal, but you’ll need the underdog to win the game straight up to cash your ticket. You can find the -1 puck line at Pinnacle and 5Dimes, or you can create your own by splitting your bet between the moneyline and the -1.5/+1.5 puck line.

Win Draw Win Bet Explained Odds

Win Draw Win Bet Explained

With team totals betting, if you like the favourite, you can take them to go Over their team total (generally 2.5 goals) or take their opponent Under their team total. Conversely, if you think the underdog will put up a good fight in tonight’s game, you can take them Over their team total or their opponent Under their team total. FYI, team totals include OT and shootout goals.