What Does ‘Tie No Bet’ Mean in Sports Betting?
“Tie No Bet” is a type of wager where the possibility of a tie is removed from the bet. If the game ends in a tie, the bet is considered a “push,” and your original stake is refunded.
This term is most commonly used in soccer, where it is also known as “Draw No Bet” (DNB).
How “Tie No Bet” Works
In a standard bet (like a 3-way moneyline for soccer), you have three options:
- Team A to Win
- Team B to Win
- A Tie (or Draw)
With a “Tie No Bet” wager, you only have two options:
- Team A to Win
- Team B to Win
Possible Outcomes of a “Tie No Bet”
Let’s say you place a “Tie No Bet” wager on Manchester United to win against Liverpool:
- If Manchester United wins: You win your bet and receive your payout.
- If Liverpool wins: You lose your bet and your stake.
- If the game ends in a tie: You do not lose. Your bet is voided, and your original stake is returned to your account in full.
Why Bettors Use This Wager
“Tie No Bet” is essentially a form of insurance.
- Pro: Reduced Risk – It provides a “safety net,” allowing you to bet on a team to win without the risk of losing your money if the game ends in a draw. This is especially popular if you’re betting on an underdog you think might win, but you also see a strong possibility of a tie.
- Con: Lower Odds – Because the risk is lower, the payout is also lower. The odds you get for a “Tie No Bet” on Manchester United to win will be less favorable than the odds you would get for picking them on the standard 3-way moneyline.