The former Sunderland and Newcastle star has given his verdict on this Sunday's Wear-Tyne derby.
The pundit, who used to play for Newcastle but supported Sunderland growing up and later spent a short spell with the Black Cats, believes neither side will be able to put their poor recent form to one side - ultimately leading them to share the points this weekend.
Sunderland have the advantage in terms of recent derbies but, at the same time, are struggling desperately for points and recently replaced Gus Poyet with Dick Advocaat.
As such, Waddle isn't expecting fireworks at Sunderland and is instead merely hopeful there will be more Wear-Tyne derbies to come beyond the current campaign.
"Neither side are in good form and, to compound it, Newcastle have a lot of injuries so their side almost picks itself," he told the Star.
"Sunderland have had the upper hand recently and will fancy their chances of making it five in a row.
"When they won at St James' Park in December, everyone expected them to kick on but it's been a struggle for them since then and their home record is poor.
"They need a result more than Newcastle but that won't necessarily work to their advantage. So I'm going for a draw, keeping my fingers crossed the north east derby will be around next season."
Sunderland host Newcastle on Sunday afternoon and could see themselves slip into the relegation zone if Burnley beat Tottenham earlier that day.
A Black Cats win, though, or Waddle's prediction of a draw, could see Newcastle fall to 14th in the Premier League.