what does DNB mean in sports betting?
Sports betting is one of the most commonly enjoyed areas of modern gambling. Taking analysis, expert knowledge, and stakes to a whole new level. But often times Sports betting can get confusing with it's terminology, especially for new comers.A commonly used term in Sports betting is 'DNB', meaning 'Draw No Bet'. 'Draw No Bet' is a term that can be used when betting on sports of any kind. It occurs when an individual casts a bet on a team in the 'Draw No Bet' market.
In the event of the backed team emerging victorious, the individual will win their bet. However , if the match were to result in a draw, the individual will have their stake refunded to them. This is the benefit of a 'DNB' bet. However, if the team being backed loses the match, the bet is lost as usual.
For example: The returning Superbowl Champions, The New England Patriots, are hosting the Indianapolis Colts. You make the choice to place a $25 bet on the Colts to win outright, 'DNB'. But the game results in a draw. In this case, having not won or lost the bet, your $25 stake is returned to you. Had you not bet 'DNB' on the game, the draw would have resulted in you losing your $25 stake as if it had been a loss.
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