According to studies, about 70% of all sports bets are placed in football betting. This steadfast statistic proves how football lives up to its moniker, the King of Sports, gaining Singaporean sports bettors’ admiration up to this day.
Its unwavering popularity opened various football betting markets, allowing bettors to choose the best alternative that aligns with their expertise. Among these choices, Draw No Bet (DNB) is a famous type of betting market wherein bettors can place their bets on one team to win a match, but they can get a refund once the tournament ends in a draw.
While DNB may sound like a win-win betting variety, bettors must first learn about all its advantages and disadvantages to help mitigate losses and make informed decisions in Singapore football betting.
Pros
Risk Management
Contrary to Moneyline and other 3-way betting markets, which only cover one of the three possible outcomes, DNB reduces the option to two, enabling bettors to bet on either the Home or Away win bet. This reduction in outcomes is an advantage as it increases the possibility of a bettor winning.
For instance, a punter opting for DNB in a neck-and-neck match with a high chance of a draw is a strategic move to secure their wagered stake. Although bettors do not gain anything in return, DNB serves as a safer betting option, eliminating the possibility of losing a bet in case a draw occurs.
Adaptability in Betting
Given the dynamic nature of soccer betting, it can be challenging for a gambler to keep up with all the changes.
With DNB’s two-way betting attribute, bettors can directly bet on their preferred football team with the assurance of receiving their money back when the game ends in a tie. It enables punters to adapt their bets with confidence according to the variabilities of the popular online sport betting Singapore discipline. Hence, this gambling strategy is an ideal choice as its flexibility is good for suspense matches.
Supporting Defensive Teams
Defensive teams prevent their opponents from scoring points. In such scenarios, bettors can also back a strategic move in their betting approach with Draw No Bet. DNB serves as a safety net that enables punters to support the defensive team to avoid defeat.
If the defensive team wins, the bettor will receive the full amount of the designated payout. This feature makes the DNB a great alternative for punters who want to back up the defensive team as an alternative betting strategy without risking excessive losses.
Best Paired with Sports Betting Accumulator
Top-leading betting providers commonly offer accumulators, also known as Acca bet, where bettors can combine multiple wagers in football betting. This type of sports betting market consists of “legs”—the numerous bet selections that make up the entire bet ticket. With its boundless scope, Acca stands out due to its attribute that enables bettors to integrate as many legs as they wish.
While this gambling approach carries significant risks, partnering the Acca bet with DNB actually provides additional financial security. For instance, if one match covered in the Acca bet ends in a tie, bettors will receive their DNB bets in full while the other legs remain valid. This advantage is significant as it provides additional versatility and winning percentage.
Insurance Against Draws
Unlike other betting markets like Correct Score Betting and Asian Handicap, Draw No Bet provides a unique advantage by providing financial protection against draws. In Correct Score Betting, bettors lose all their wagered stakes, while in Asian Handicap, they can only receive 50% of their bets. DNB guarantees gamblers a complete refund of their bets if the game concludes in a tie.
This variation makes Draw No Bet a suitable insurance betting strategy for bettors who cannot afford big losses.
Cons
Minimal Data
Draw No Bet lacks comprehensive data on the possibility of a draw occurring, limiting bettors from utilising the available Singaporean football odds to make informed betting decisions. This limitation forces gamblers to rely on alternative sources, such as intuition or hearsay, which may affect punter’s confidence in their betting strategies.
Reduced Odds
Another significant disadvantage of Draw No Bet is it has lower odds and winning bet payouts due to its attribute as a 2-way betting market focused on risk mitigation.
These limitations urged bookmakers to prioritise DNB’s availability to football enthusiasts, as it creates competitive probabilities. It also influences the overall betting experience as some punters inject versatility into their strategy by combining DNB with Acca bets, increasing both risk and success rate.
A Draw Yields No Rewards
Although DNB helps with risk management, bettors do not receive even one cent from this betting option in the event of a draw, as it only returns their money. It is not ideal for risk-takers who chase bigger payouts. As a result, several gamblers opt for DNB Accumulators to gain a betting profit.
While a draw yields no rewards, and bettors may also lose their DNB bet if their team loses, the other legs of their Acca bets remain active. These outstanding wagered stakes give bettors the opportunity to experience a rewarding betting experience.
The Significance of Weighing DNB Pros and Cons
As punters ceaselessly pursue other betting markets to earn profit in the lucrative and ever-football landscape, the sports betting Draw No Bet market has opened such opportunities for profitability. DNB is a great alternative to the popular markets (i.e., moneyline, handicap, totals), offering unique, reassuring, and flexible advantages to bettors. However, like all other sports betting markets, it has drawbacks.
Learning the bet’s meaning alone is essential, but it is equally significant for punters to grasp its pros and cons. Balancing all these factors empowers gamblers to make informed betting decisions and helps maximise their profits.
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