What is 3 way moneyline?

A 3-way moneyline bet is a type of wager commonly found in sports betting and refers to a bet in which there are three possible outcomes. This type of bet is most commonly associated with sports such as soccer, where draws are a common result.

In a 3-way moneyline bet, you can typically bet on one of three outcomes: Team A to win, Team B to win, or a draw. Each outcome will have its own corresponding odds, and you will need to choose which outcome you think will happen in order to win the bet.

If you bet on Team A to win and they do, you will win your bet. If you bet on Team B to win and they do, you will win your bet. If you bet on a draw and the game ends in a tie, you will win your bet.

It is important to note that the odds for a draw in a 3-way moneyline bet are usually higher than the odds for either team to win, as draws are less common in many sports. This means that successfully betting on a draw can result in a bigger payout compared to betting on a specific team to win.

Overall, 3-way moneyline bets can be an exciting and potentially rewarding type of wager for sports bettors who enjoy predicting the outcomes of games with multiple potential results.