A 3-way bet (often referred to as a 1×2 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 “1×2”).
It’s a popular bet in soccer because of the frequency of games ending in draws, but the 3-way bet is also often seen in hockey as a regulation time bet. Many betting sites actually use the name “regulation time bet” for their 3-way hockey bets, so that’s just another name to keep an eye out for.
First Half Corner Match Bet Team A has more corners @3.30, Tie @5.00, Team B has more corners @1.46. Second Half Corner Match Bet Team A has more corners @2.80, Tie. If research has one side winning outright, three-way odds are the best betting option. For example, in the match against Mainz 05, the RB Leipzig -245 moneyline paid $100 on each $245 bet with. A $100 bet on Fractional (1/1) American (+100) or Decimal (2.0) odds would return a $100 profit. Exotic Bet: Betting options beyond point spreads, moneylines and game totals.
Quick tip: Bet the regulation line in the NHL to get better odds when you’re confident the team will win within 60 minutes.
3-Way Betting Example
Here’s an example of a 3-way NHL bet from SportsInteraction.com:
The sportsbook indicates that the bet does not include overtime or penalty shootouts. This means that if the game heads to overtime the correct outcome would be a draw.
As you can see this 3-way bet is the exact same as a typical moneyline bet, except that there are 3 possible outcomes rather than the typical two you see with NHL games.
1×2 Betting Example
Here a soccer example using odds from Bodog.eu. I wanted to show you that the bet can be labelled a lot of different ways. In this example it’s considered the normal “moneyline” bet. It’s also often labelled as 1×2 or 3-way betting. If there are 3 outcomes with one being a draw then it is a typical 3-way bet.
In this example there are once again three outcomes:
(1) Liverpool 1.182
(x) Draw 7.50
(2) Spartak Moscow 13.00
As you can see Liverpool is a big favourite to win this game.
***These odds are from the date I published this page. The last three triple crown winners.
3-Way Betting Sports
As I mentioned at the top, 3-way bets can be found for any sport that has three possible outcomes (home win, draw, road win). 3-way bets are the most common form of soccer bet, while for other sports such as hockey or rugby you may have to dig deeper into the sportsbook to find their 3-way betting lines.
3-Way Betting Video
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.
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”.
Quick tip: Bet the regulation line in the NHL to get better odds when you’re confident the team will win within 60 minutes.
3-Way Betting Example
Here’s an example of a 3-way NHL bet from SportsInteraction.com:
The sportsbook indicates that the bet does not include overtime or penalty shootouts. This means that if the game heads to overtime the correct outcome would be a draw.
As you can see this 3-way bet is the exact same as a typical moneyline bet, except that there are 3 possible outcomes rather than the typical two you see with NHL games.
1×2 Betting Example
Here a soccer example using odds from Bodog.eu. I wanted to show you that the bet can be labelled a lot of different ways. In this example it’s considered the normal “moneyline” bet. It’s also often labelled as 1×2 or 3-way betting. If there are 3 outcomes with one being a draw then it is a typical 3-way bet.
In this example there are once again three outcomes:
(1) Liverpool 1.182
(x) Draw 7.50
(2) Spartak Moscow 13.00
As you can see Liverpool is a big favourite to win this game.
***These odds are from the date I published this page. The last three triple crown winners.
3-Way Betting Sports
As I mentioned at the top, 3-way bets can be found for any sport that has three possible outcomes (home win, draw, road win). 3-way bets are the most common form of soccer bet, while for other sports such as hockey or rugby you may have to dig deeper into the sportsbook to find their 3-way betting lines.
3-Way Betting Video
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.
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.
1st Half Match Betting 3 Way 4
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:
1st Half Match Betting 3 Way
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.
1st Half Match Betting 3 Way Game
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.