3 Way Bet
- Thus, a draw is a possible outcome to bet on even in a game where one team must be eliminated. An example of what a 3-way money line would look like is: San Jose -129. What is the Advantage to Three Way Betting? You can make more than one bet on the same game. In the San Jose vs Colorado game you can see Colorado is a dog.
- NHL 3 way is settled without overtime (60 minutes of play) for the main quote (Away/Home/Draw/Total). This option does NOT include overtime or a shootout. Get the latest Hockey Betting odds and NHL Hockey 3-Way Lines. Bet on your favorite team at Betcris.
- What is a 3-Way Bet? 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.
A 3-way bet is a type of bet with three potential outcomes. These outcomes are usually team A win, draw or team B win. A 3-way bet is also commonly referred to as a 1×2 bet (team 1, draw (x), team 2), but I will refer to it as 3-way betting for the rest of this article, which is the more common term here in Canada.
The 3-Way Craps Bet. The 3-Way Craps bet is almost exactly the same as the Any Craps bet. The difference between them is that the 3-Way Craps is three separate bets (i.e., a bet on the 12, a bet on the 3, and another bet on the 2). Conversely, the Any Craps combines the three numbers 12, 3, and 2 into a single bet with a single payoff. You will be offered three selections: Over 3.0 - which means your bet wins if there are 4 or more goals scored in the game. If there are 3 or less goals scored in the game, the bet is lost. Under 3.0 - which means your bet wins if there are 2 or less goals scored in the game.
3-way betting is especially popular for games that have the potential to end in draws, such as soccer matches. You will also see 3-way lines available for hockey games as a regulation time bet, and many other sports where draws are possible such as football, boxing, golf head-to-head, etc.
Soccer Example
Here is an example of a 3-way betting line from Bet365.com for a match between Chelsea and Manchester City.
- Chelsea 2.90
- Draw 3.30
- Manchester City 2.37
At Bet365 this bet was listed as “Full Time Result”. In addition to 3-way, 1×2 and full time result, you may also see 3-way bets referred to as “regulation time bet”.
In the above example, there are three possible outcomes in the match and odds associated with each outcome: Chelsea winning, Draw or Manchester City winning.
A 3-way bet is the exact same as a typical money line bet in terms of the odds and associated payout. The only difference is that there are three potential outcomes instead of two.
Hockey Example
This wouldn’t be much of a how to guide for Canadians if we didn’t include a hockey example of a 3-way bet.
I will often bet the 3-way line in hockey rather than the money line in order to get a larger payout when I’m confident in a team winning in regulation.
Here’s an example from the battle of Alberta:
3 Way Bet Meaning
As you can see the bet is labeled as “regulation time” at Sports Interaction. This means that the bet does not include overtime, which allows it to have three possible outcomes: Calgary winning, a tie or Edmonton winning.
3 Way Bet Nfl
In this example, Edmonton is the favourite to win the game, and they are still under a 2/1 favourite to win in overtime. To give you an idea of the difference in return you can win by betting the regulation line instead of the money line, in this example Edmonton’s odds to win the game straight up (including overtime) are 1.56. So if you like Edmonton, including a win in overtime will get you a $56 win on a $100 bet, while wagering on them to get the job done in regulation would win you $91 on a $100 bet. As you can see if you like a team to win the game before the coin flip that is OT and a shootout, then the regulation line can provide value.