What is Draw No Bet betting? – Smarkets Help Centre
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 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.Many bettors undervalue the likelihood of a draw, however looking back at five Premier League seasons (2012/13-2016/17) on average 25% of all games ended in a draw. The Draw No Bet is a way for traders to reduce the probability of a losing bet and can be used to:Let’s use the game as before between Liverpool and Hoffenheim as an example and you want to stake £200 on Liverpool. The 1X2 odds are displayed below: ... Firstly you need to convert the 1X2 odds to Draw No Bet odds.This shows your combined Draw No Bet odds from a 1X2 market would be 1.30 compared to 1.28 on the actual Draw No Bet market. ... The formulas below explain how to calculate how much of your £200 you should stake on each outcome so it is the equivalent of a Draw No Bet market.