Why is the "Draw No Bet" not found on most sportsbook

[ralle14]

But how do they decide if the match ends in a tie?

It's decided based on the rules of the sport or depending on the specific market as certain sports usually have outcomes that end on a draw like football, rugby, etc.

Sometimes they'll mention certain markets if overtime is included like this hockey market from Sportsbet.

[Kelvinid]

But how do they decide if the match ends in a tie? Do they refund all the bet money?

Yep, that's why the name is draw no bet you wouldn't loss anything if the match ended in a tie. It's a good feature for low risk bettors, though I'm not really interested to bet in draw no bet. The odds is significantly reduced, so betting on low odds wouldn't profitable except you're a high roller. Only popular match who have draw no bet, because if the fight was on 1 side only, the odds will be 1.01... moreover you can't even bet since it's closed.

Draw no bet isn't the most choice of a gambler, even you are a low-risk taker, I don't think this would be in our mind, I certainly choose the team that I see will win. What I can see as a reason for this why it was removed from some sportsbooks is it wasn't needed anymore. Sportbooks denied this option for it couldn't help them, it never gives them profit.

Draw No Bet (DNB) reduces the number of outcomes in a 3-way market and increases your chances of winning. It achieves this by eliminating the draw outcome and canceling all bets that end in a tie.

https://www.bettingbilly.com/us/sports-betting/types/draw-no-bet/

[Jasad]

But how do they decide if the match ends in a tie?

It's decided based on the rules of the sport or depending on the specific market as certain sports usually have outcomes that end on a draw like football, rugby, etc.

Sometimes they'll mention certain markets if overtime is included like this hockey market from Sportsbet.

Depending with match only have result win or loss? how about if have match like football maybe Primer League or Serie A when match result draw will our money refund or keep as loss. Several sportsbook have option with draw but if not take as match result draw will loss depending what match result we choose. I think still not found with sportsbook not given with draw match option and almost several sportsbook have option with draw, win or loss.

[RILWAN]

Having played on several sportsbook platform's over the years both IRL and online,  I have noticed that most of these bookies
today don't have the " draw no bet" market. What could be their reasons for not giving us this market? Could it be that it's a less money generating market for most sportsbooks out there?

It is very simple to understand your bet gets returned when the game doesn't go in the way of your bet, let's say you choose club x to make 2 goals, and the game ended in a draw you have the privilege of getting your bet back.

[ralle14]

Depending with match only have result win or loss? how about if have match like football maybe Primer League or Serie A when match result draw will our money refund or keep as loss. Several sportsbook have option with draw but if not take as match result draw will loss depending what match result we choose. I think still not found with sportsbook not given with draw match option and almost several sportsbook have option with draw, win or loss.

Like i've said it depends on the market you're taking, with 1x2 it's already obvious as there's a draw option which is also known as the X.

On the other hand, even if there's a draw option you can always avoid it by taking the Asian handicaps which have +0.5, +1.5, +2.5, and so on, or you can go with the draw no bet option as there are times when draw no bet markets have higher odds than the handicaps.

[Peanutswar]

Currently, the system of the gambling platforms nowadays are just having a win or lose scenario. If the game got void or cancelled because of different circumstances, they made a drawback of the assets deposited by the players; just like a draw bet, we know that there's only one winner in the game, so they don't make a draw bet which is in favour with the players only of course this is the gambling works.

[Oshosondy]

It is very simple to understand your bet gets returned when the game doesn't go in the way of your bet, let's say you choose club x to make 2 goals, and the game ended in a draw you have the privilege of getting your bet back.

You are only looking at the advantage side of draw no bet, you did not look at the disadvantage side.

For example, the odd of a win match is 1.8 for a home team while 2 for an away team. If it is draw no bet, the odd can be reduced to 1.2 for the home team while 1.25 for the away team.

What is the chance that if someone take draw no bet in three matches that the person will win the bet? All types taken are all risky because the lower the odd the lower the amount to win.

[Cling18]

Currently, the system of the gambling platforms nowadays are just having a win or lose scenario. If the game got void or cancelled because of different circumstances, they made a drawback of the assets deposited by the players; just like a draw bet, we know that there's only one winner in the game, so they don't make a draw bet which is in favor with the players only of course this is the gambling works.

Players will benefit from this scenario which usually happens in most games. It's a good thing that they would drawback the bettor's asset if ever the result is a draw. That simply adds another chance to bet and win. That's fair not just for the site but for players since we couldn't actually guess the possible result of the gameplay.

[mu_enrico]

On the other hand, even if there's a draw option you can always avoid it by taking the Asian handicaps which have +0.5, +1.5, +2.5, and so on, or you can go with the draw no bet option as there are times when draw no bet markets have higher odds than the handicaps.

Yeah, but it will become draw win/lose situation, not draw no bet...
Anyway, I don't think the "draw" here is the issue. If some bookers don't allow "draw no bet," it is probably because they want users to play (win/lose). Let's say you place draw no bet and ranked up thus receive the rakeback/bonus, then the match ended in draw, it will become confusing for the casino.

[ralle14]

Yeah, but it will become draw win/lose situation, not draw no bet...
Anyway, I don't think the "draw" here is the issue. If some bookers don't allow "draw no bet," it is probably because they want users to play (win/lose). Let's say you place draw no bet and ranked up thus receive the rakeback/bonus, then the match ended in draw, it will become confusing for the casino.

I agree i'm not saying it's an issue but I just want to point out that bookies tend to have a wide variety of markets available even if the sport tends to have an outcome of a draw it's just that there's poor visibility when it comes to some of the markets as they're buried below the page or on another tab.

Also, I guess it depends on how their bonus system work, usually it should get voided and returned but I remember that one of the sportsbook i've used still counted the voided bets as a progression to my VIP level.