A 3-way bet is a bet on an event that has three possible outcomes: Team A wins, Team B wins, or a draw. The odds on a 3-way bet will always be higher than odds on a similar two-way bet considering there is an additional outcome. Therefore, when one places a 3-way bet there is only one way to win and two ways to lose.
What is three-way total in sports betting. Three-way total - a bet on the number of effective actions of both teams. Three-way total includes three outcome options: over, under and equal. Since there are three options, there is no refund. It can only be with an integer, without the usual 1.5, 2.5 and so on for the usual total.
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A 3-way bet (often referred to as a 1x2 bet) is a type of sports bet for games with 3 potential outcomes. These outcomes are generally win, lose or draw. Or put another way: team 1, draw or team 2 (hence the bet often being referred to as "1x2").
When wagering on a three-way moneyline, you can bet either Team A to win, Team B to win, or for the event to end in a tie (sometimes referred to as a ‘draw’). Naturally, three-way moneylines come into play for sports where the result may end in a tie and, as such, a winner cannot be determined through regular game time.
Also known as regulation time bets, three-way odds are popular soccer betting options as those contests often end in a draw. Displayed below, moneylines are the most common three-way betting odds.
Betting on the 3-Way Line. The 3-way line is the traditional way to bet in non-US sports, so for example, if you are a regular soccer gambler then you are going to understand how this market works and it may be easier for you to use this market when you are just starting out (read this – soccer betting explained). If you are beginning to bet on a new sport then using familiar betting markets is always a good idea, then you are not changing too many things, so think about this if you are ...
3 Way Handicap Betting Explained. Instead of using a traditional 2 way bet line, a 3 way handicap betting line can be used when betting. This line is handicap betting as we all know it, but instead of just offering you the chance to back on either team to come out on top, you can also bet on the handicap draw.
Same deal for a rarely seen tie in a moneyline bet. Unless you’re betting a three-way market (often used in soccer), the tie comes off of the parlay. Consult your sportsbook’s rules for full details on how they handle various situations pertaining to various bets. Types of parlays. The most common types of parlays are Round Robin parlays and Teasers.