As far as gambling and betting is concerned, it is luck . It doesn't mean that a small odd bet can lead the bettor to win. Sometimes very big odds get to win against smaller odd but when you rely on small odd to win they end up losing the game. Sometimes it is better with big odds so that when they win you see the effect on your account.
You did not understood me at all. I said going for a team to win, or draw have high odds, but the chance to win it is lower than comparing it to win or draw. But in this regard, the chance to make money is almost the same or as the bet odd is reducing, bettor will want to accumulate more which makes it more risky. I am not saying low odds is better than high odds or that you will make money if choosing low odds than high odds, gambling is even not like that for good gamblers. Accumulation is risky, people that go for low odds do accumulate. 
Topic: Why is the "Draw No Bet" not found on most sportsbook - page 2. (Read 418 times)
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.
If this includes crypto sportsbooks, would you mind telling us these platforms? From my experience, the option is always available. Sometimes it's not as visible as I would like and takes a few more clicks/searches to see them. It's one of my favorite line to bet on when I was actively gambling on Premier league and La Liga. today don't have the " draw no bet" market.
BK8 has it. It's beneficial to the bettor IMO since it will be easier to predict when the option is only win/lose, but the downside is the win multiplier is lower.
Why it's rarely found? Maybe because the casino doesn't want the hassle of returning the bet and probably it affects profitability and incentive system of the casino.
Why it's rarely found? Maybe because the casino doesn't want the hassle of returning the bet and probably it affects profitability and incentive system of the casino.
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?
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?
Showing bets and odds without draws make it look easier for the bettor. You have only two options, either you bet on your team winning or your team losing. Enabling draw bets is for more sophisticated gamblers, but also a big income for the bookmakers. I read in an article that people tend to undervalue draws and overvalue wins and losses. So maybe bookmakers can increase that misconception even more if draws odds are not shown. In the end it's all about profitability. They must have the data which making more money, with or without the no draw bet.
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?
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?
IMO companies and bookies tend to not have it as it will just degrade their platform/system. Many bettors tend to just bet on wins and loss as the probability of having a DRAW in a match is very little. Plus, there are very less bettors to just think that the game would be a draw and it is only happening in football matches. Hence, if this will be implemented, it should only be on such game and not on all of the games supported by gambling platforms in their sports book.
I like the second you said about draw no bet 'that they come with small odds'. The smaller the odds the more chance to win, but the more someone play, the more someone have chance to lose huge amount of money. Draw no bet has no advantage than a means betting sites are earning more from bettors because if you have gone for win only, the odd will be more, if you won at ones, you get higher amount of profit, but if it is draw no bet, you can win 2 times and later lose one time which is sufficient enough to make someone lose than gain, though all types are risky but I prefer going for win.
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?
Not sure which sportsbook you are using, all the major sportsbook allow draw no bet option and even in the cryptocurrency space, books like stake, sportsbet, cloudbet all allow draw no bet option or draw or a win for a particular team if you want to go for a much safer bet and all the major non cryptocurrency sportsbook like Betway, bet365 have these options as well.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?
Simply less profitable on Casino side. Football usually have a three way result so bettors will have 33.33% chance to win if there is no draw no bet feature which is the common edge of the bookies due to the increasing demand of football bets. No one complaining about it while Casino is in advantage on 3 way bets so bookmaker remove it and will introduce if there will be a demand for this kind of bet. The last time I saw this option is on cloudbet and directbet last 5 to 6 years ago. I’m not familiar anymore on the typical bet option of other Casino but maybe there still Sportsbook out there offering this bet option.
@7788Bitcoin, Sportsbet don’t have this option anymore.
@7788Bitcoin, Sportsbet don’t have this option anymore.
But the bookmaker's margin is always about the same (between 4 and 6 percent) no matter how many outcomes the event has. What is the point for bookmakers to remove this type of bet if the final result does not change in any way, and those players who love such bets but did not find them in their "usual" bookmaker will go to a competitor?
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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?
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?
Simply less profitable on Casino side. Football usually have a three way result so bettors will have 33.33% chance to win if there is no draw no bet feature which is the common edge of the bookies due to the increasing demand of football bets. No one complaining about it while Casino is in advantage on 3 way bets so bookmaker remove it and will introduce if there will be a demand for this kind of bet. The last time I saw this option is on cloudbet and directbet last 5 to 6 years ago. I’m not familiar anymore on the typical bet option of other Casino but maybe there still Sportsbook out there offering this bet option.
@7788Bitcoin, Sportsbet don’t have this option anymore.
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?
Not sure which sportsbook you are using, all the major sportsbook allow draw no bet option and even in the cryptocurrency space, books like stake, sportsbet, cloudbet all allow draw no bet option or draw or a win for a particular team if you want to go for a much safer bet and all the major non cryptocurrency sportsbook like Betway, bet365 have these options as well. 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 gives the bettor safer options than the bookmaker making money off of the bettor's choice, so it is, IMO, a line that is rarely a priority for the bookmaker to place in their platform. Compared to moneyline bets, draw no bet is more flexible in terms of profit in favor of the bettor, and not so much for the bookie. It has its drawbacks though, as it usually has odds that are just not worth it, but since it has a 'draw' mechanic in the bet, you will still take the risk and bet on it since in the event of a draw, you will still get your money back like nothing happened.
I like the second you said about draw no bet 'that they come with small odds'. The smaller the odds the more chance to win, but the more someone play, the more someone have chance to lose huge amount of money. Draw no bet has no advantage than a means betting sites are earning more from bettors because if you have gone for win only, the odd will be more, if you won at ones, you get higher amount of profit, but if it is draw no bet, you can win 2 times and later lose one time which is sufficient enough to make someone lose than gain, though all types are risky but I prefer going for win. 
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?
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?
If you look at it from another perspective - bookmakers are out here trying to make money, just like gamblers and this bet distorts the odds . There are so many games that end in a draw that it does not make sense for a bookmaker to offer this and it's amazing that they ever allowed it in the first place. It gives players an extra "out" opportunity that will have been taken advantage of by eagle eyed arbitrage betting and will make it harder to gauge the correct odds. It's much easier for them to offer straight bets with either a win or lose outcome, because even though the proportion of bets is likely to be small - it's just handing money back to the players without any costs being covered on the sports book side.
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?
If they don't have draw no bet, they almost always have Asian handicaps and that comes to the same thing. Just play Asian handicap 0 and that is it. I don't think I played in a bookie without that option in last couple of years. 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?
DuelBits and Stake mostly offers Draw no Bet selection on main games, you should go check alternative bookies for specific bet type. Checking odds comparison websites can help too for finding which websites offer best odds. Btw, Asian odds (0) is the same bet as draw no bet, you will get refunded if match ends draw. Checking the popular matches before it starts may help you finding which websites offer this type of selection and you can start digging the best on out of options, IMHO.
It's good option to escape from the loss.Usually in a bet, if you win.You will get won money from bookies.Incase you had loss, you may have to pay lost money.Its leads to your loss.Incase, the option of Draw No bet in your using gambling sportsbook.Then you are lucky, you also get back the money.Incase the game was on draw site.Unfortunately this option was not available in all the sportsbook.
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?
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?
I guess it's just not as popular.
People like the fact that they can bet on the draw outcome, since it can often pay out quite well.
Having a draw no bet system basically means that you eliminate that option of people benefiting from a draw. Also, not a lot of gamblers are willing to wait the time it takes to rebet if it ended up being a draw.
Gambling in the safest way is "Draw no bet", Tokeweed is right this is the same as Asian handicap. As far as I know most of the sites i've come across have a "Draw no bet" option depending on the game too, Stake and more, I wonder which gambling site @OP you bet on. I always choose a sportsbook gambling site that has many options for betting, it will provide experience and an opportunity to win.
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?
Every customizable option which may end returning money to bettors after a bet outcome, isn't interesting for casinos. That could be probably the reason why you don't see this feature too often.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?
Anyway, it's a matter of what gamblers demand from a gambling platform: if a considerable portion of gamblers start asking for "draw no bet" feature, one casino or another attempting to get more recognization on the industry will introduce this and then there are some chances more casinos will follow the same trend, aiming the public who is looking for the mentioned feature above.
This is a bet that usually benefits only the bettors and no huge deal for the bookmakers. Also, AFAIK these lines only appear on huge football matches, on huge tournaments only since the bookies can still make a huge profit on the said line. It's been months since I bet on a draw no bet line, and most of the time it's a win. Perhaps it's no longer profitable and beneficial to a bookie to have that line on their end.
Big bookies may still have that line, but those are probably not regular lines that bettors can place their bets on.
Big bookies may still have that line, but those are probably not regular lines that bettors can place their bets on.
I would like to know how this bet is beneficial for the better but not for the bookmaker
In terms of mathematics, they are completely equivalent to Win 1 - Draw - Win 2 bets when the player divides his bet by two and, depending on the odds, bets on Win 1 - Draw or Win 2 - Draw. Therefore, the better can make such a bet even if it is not in the line. This is a bet that usually benefits only the bettors and no huge deal for the bookmakers.
But the bettor can lose if he choose a team for draw no bet but the team failed, also if both teams played draw, the bettor will only be given back his money and no profit. The betting site will gain if the team choosen by bettor lost and the bettor will lose.It gives the bettor safer options than the bookmaker making money off of the bettor's choice, so it is, IMO, a line that is rarely a priority for the bookmaker to place in their platform. Compared to moneyline bets, draw no bet is more flexible in terms of profit in favor of the bettor, and not so much for the bookie. It has its drawbacks though, as it usually has odds that are just not worth it, but since it has a 'draw' mechanic in the bet, you will still take the risk and bet on it since in the event of a draw, you will still get your money back like nothing happened.
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