A betting market where you back a team to win — if the match is drawn your stake is returned, and the bet only loses if your team loses.
No Draw No Bet (NDNB) is the common English-language name for what is mathematically identical to the Asian Handicap 0 (AH0) market. You select a team to win the match. If they win, your bet wins at the stated odds. If the match is drawn, your original stake is refunded — no win, no loss. If your team loses, the bet loses your stake.
The refund on a draw makes NDNB a two-outcome bet rather than a three-outcome bet. This removes the draw risk — one of the most challenging aspects of football betting — and creates a more predictable market where your selection simply needs to avoid losing.
No Draw No Bet odds will always be shorter than the corresponding 1X2 win odds for the same team, because you are receiving insurance against the draw. The implied probability of NDNB = win probability / (win probability + draw probability). A team with 50% win probability and 25% draw probability has an NDNB probability of 50/(50+25) = 66.7%.
Comparing NDNB odds to Asian Handicap 0 odds at a sharp bookmaker reveals whether the NDNB market is priced fairly. AH0 at Pinnacle carries 1–2% margin; a European bookmaker's NDNB market may carry 6–10%, making AH0 the better vehicle for the same bet in most cases.
Asian Handicap
A betting market that eliminates the draw by giving one team a goal head start — with fractional handicaps preventing any dead-heat outcomes.
Double Chance
A bet that covers two of the three possible outcomes (home win or draw, away win or draw) at lower odds.
Implied Probability
The probability of an outcome embedded in bookmaker odds — calculated by dividing 1 by the decimal odds.
Value Betting
Betting at odds that are higher than the true probability of the outcome — finding bets where the bookmaker has underestimated the chances of an event.
For informational and educational purposes only. Disclaimer
