Draw no bet is a football-market option designed for a match that could finish with either team winning or with a draw. You choose one of the two teams. If your selection wins, the bet is settled as a winner; if the match is drawn, your stake is returned. If your selected team loses, the bet loses. That is the core of the draw no bet meaning, and it is different from a standard 1X2 wager, where a draw is a separate result.
For players in New Zealand, this market can make a match prediction feel more straightforward, but it does not make a bet risk-free. A loss by your chosen team still costs the stake, and the odds are generally lower than they would be for a comparable selection in a market that includes the draw as a losing outcome. Below is a practical guide to how the market works and what to check before placing it at Mr Bet;
How draw no bet works
Suppose Team A plays Team B, and you select Team A with draw no bet. There are three possible settlement outcomes:
- Team A wins: your bet wins at the displayed odds.
- The match ends in a draw: the bet is void and your original stake is returned.
- Team A loses: the bet loses.
“No bet” refers specifically to the draw result. It does not mean you can cancel the wager after it has been accepted, nor does it protect you if your chosen team is beaten. Always check the market name and settlement rules on the bet slip, because names and rules can vary across sportsbooks and competitions.
Draw no bet compared with 1X2
A standard 1X2 market asks you to choose a home win, a draw, or an away win. A draw no bet market removes the draw as a losing selection by refunding the stake if the match finishes level. In return for that added protection, the odds on either team are usually shorter than the odds for the same team to win in a 1X2 market;
| Market | If your team wins | If the match is drawn | If your team loses |
|---|---|---|---|
| 1X2: select a team | Win | Lose | Lose |
| Draw no bet: select a team | Win | Stake returned | Lose |
For example, imagine a hypothetical $10 bet on Team A at decimal odds of 1.80. If Team A wins, the total return is $18, including the original $10 stake; the net profit is $8. If the match is drawn, the $10 stake is returned and there is no profit. If Team A loses, the stake is lost. Actual odds and settlement details depend on the event and the market displayed by Mr Bet.
Using the market at Mr Bet
To place a draw no bet wager, sign in to your account and open the sports section. Find the football match you want, then look through its available markets for “Draw No Bet” or a clearly equivalent label. Select the team, enter your stake, and review the bet slip before confirming. The slip should show the selection, odds, stake, and potential return.
- Check that you have selected the correct fixture and competition.
- Open the match markets and locate draw no bet.
- Choose the home or away team; the market does not offer the draw as a selection.
- Enter a stake you can afford to lose.
- Confirm the displayed odds and settlement information before placing the bet.
Sportsbook layouts can change, and market availability may differ between matches. If you cannot find the option, do not assume another market has identical rules. Read the market description or ask customer support to clarify the settlement terms before wagering.
When might it be useful?
Draw no bet may appeal when you favour one side but consider a draw a realistic possibility. It can be a middle ground between backing a team to win outright and choosing a double-chance market. For instance, a bettor might prefer a strong home side but want a stake refund if the teams finish level.
The market is not automatically better than 1X2. The key trade-off is the lower draw-related risk versus typically reduced odds. If a draw seems unlikely and the 1X2 price is attractive, a player may compare both markets. If a draw is plausible, draw no bet offers a specific form of protection, but a losing performance by the chosen team remains a losing bet.
Basic odds and returns
Decimal odds make it easy to estimate a winning return: multiply the stake by the odds. The result includes the stake. Subtract the stake to find the net profit. If a draw voids the bet, the return is normally the original stake rather than a profit, subject to the operator’s rules.
| Stake | Example odds | Return if selection wins | Net profit if selection wins |
|---|---|---|---|
| $5 | 1.70 | $8.50 | $3.50 |
| $10 | 2.00 | $20.00 | $10.00 |
| $20 | 1.50 | $30.00 | $10.00 |
These examples illustrate the arithmetic only; they are not predictions or recommended bets. Odds reflect market pricing and can move as team news, wagers, and other factors change. A displayed return is possible only if the selection wins and the bet is settled at those odds.
What to check before betting
Read the rules for the competition
Confirm whether the market applies to the result at the end of regular time or includes extra time. Many football markets are settled on the 90-minute result plus stoppage time, but cup competitions and special markets may have different wording. Do not rely on assumptions: check the event details and Mr Bet’s house rules.
Compare the odds, not just the protection
A refunded stake in the event of a draw can be useful, but it has a price in the form of shorter odds. Compare the draw no bet price with the relevant 1X2 and double-chance options. Consider what each market does in all possible outcomes rather than choosing one solely because its label sounds safer.
Set a budget
Decide on a spending limit before opening the bet slip, and treat sports betting as paid entertainment rather than a way to earn income. Never stake money needed for rent, bills, food, or other essentials. If gambling stops being enjoyable or feels difficult to control, pause and seek support. New Zealand players can look for local gambling-harm services and use any account limits or time-out tools available to them.
Frequently asked questions
Do I win money if the match is drawn?
No. In a typical draw no bet market, a draw makes the wager void and the original stake is returned. You do not receive winnings on top of the stake.
Can I lose a draw no bet wager?
Yes. If the team you selected loses, the bet normally loses. The market protects against the draw only.
Is draw no bet the same as double chance?
No. Both can reduce exposure to one match outcome, but they settle differently. With draw no bet, a draw usually returns the stake. With double chance, a selection commonly covers two of the three 1X2 outcomes, and a winning selection may pay winnings even if one of those covered outcomes occurs. Check the specific market terms.
Does draw no bet include extra time?
Not necessarily. Settlement depends on the market and competition rules. Check whether the wager is for regular time, the full match including extra time, or another defined period.
What does a void bet mean?
A void bet is one that is cancelled under the applicable rules, with the stake generally returned. In draw no bet, a drawn match is commonly the condition that voids the selection.
Bottom line
At Mr Bet, draw no bet is a football market in which you back one team and receive your stake back if the match is drawn. You still lose if your chosen side is defeated, and the odds can be shorter than in a comparable win-only market. For New Zealand players, the most useful approach is to understand the settlement conditions, compare prices, and set a firm budget before placing any wager. If you are also looking at casino promotions, read their terms separately; a mr bet no deposit bonus is not the same thing as a sports betting market and may have its own eligibility and wagering conditions.