Soccer's the most commonly associated sport with a draw no bet. It adapts the 12 market, which is a home win, away win, or draw, and changes it to a home or away win. As stated above, the stake will be refunded if a bet is placed on a home or away win, and the game results in a draw.

The biggest disadvantage of betting on this market is the low odds you get. If you back the home win in the standard 3-way match winner market, you will get much higher odds than if you do that in the 2-way Draw No Bet line. Also, while a draw returns your money, it doesn't give you anything other than that.

Poisson Distribution formula: P(x; ) = (e-) (x) / x! Just input the goal occurrences and team's scoring probability, and you all get the chances of each possible case.

Implied probabilities are calculated based on the odds of an event occurring. To calculate the implied probability, bettors have to simply divide 1 by the odds. For example, if a team has odds of 2.50, the implied probability would be 0.40 (1/2.50). This means that the team has a 40% chance of winning the game.