What is draw no bet?

Draw no bet is a type of betting market in which the outcome is decided based on the result of the match, with the draw option resulting in a refund of the stake. This means that if the game ends in a draw, the bet is void and the stake is returned to the bettor.

It is a popular choice for bettors who want to reduce the risk of losing their stake in case of a draw, while still having the potential to win if their selected team wins. Draw no bet can be offered in various sports, including football, basketball, and tennis, among others.

Overall, draw no bet provides a level of insurance against the possibility of a draw, making it a popular choice among bettors who prefer to minimize their risk while still having the chance to win.