What is a 3 way moneyline?

A 3-way moneyline bet is a type of wager commonly used in sports betting, particularly in soccer. In a 3-way moneyline bet, you have three possible outcomes to bet on: Team A to win, Team B to win, or a draw.

Each outcome will have different odds associated with it, reflecting the likelihood of that outcome occurring. The odds for each team to win will be based on their perceived chances of victory, while the odds for a draw will depend on factors such as the strength of each team and previous head-to-head results.

One of the advantages of a 3-way moneyline bet is that it offers the opportunity to potentially win more money compared to a traditional moneyline bet where you only have two possible outcomes to choose from. However, it is also important to note that the odds for a draw can be quite high, as draws are often less common in many sports.

Overall, a 3-way moneyline bet can be an exciting and potentially lucrative option for sports bettors looking for a bit more complexity and variety in their wagering options.