What is a Draw No Bet? Draw no bet means you wager on one team to win a match, but your stake is refunded if it ends in a draw. This market works as insurance in case your bet does not come in.

A draw no bet simply works by eliminating the option of a draw from a bet. Therefore, as a bettor, you can place your wagers either on a home or away win. This means that if your predictions are correct, you win. However, if the game ends in a draw, your wager is refunded since there is neither a win nor loss.

Sportingbet is a British online gambling operator, owned by Entain plc. The company was listed on the London Stock Exchange and was a constituent of the FTSE SmallCap Index prior to its acquisition by GVC holdings.

Sportingbet Founder. Mark Blandford, a British entrepreneur, is the originator of Sportingbet. He established Sportingbet in 1998. It was one of the first online gambling companies to offer sports wagering, and it quickly grew to become a major player in the industry.