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').
Teasers can only be placed with sports that involve a point-spread, so we're talking about basketball and football here. Examples are always useful. Here are some point-spreads as you might see them on the betting board: Los Angeles Lakers -7. San Antonio Spurs -4. New York Knicks -2.5. Let's say you were to make a 3-team teaser using these. Alabama, OU Sooners basketball betting odds. As of Saturday morning, Oklahoma is a 1.5-point favorite against Alabama, according to BetMGM. The over/under is 154.5 points. The halftime over/under. 'Covering the spread' is another way to say that a team won a point spread bet. In the above example, Ohio State winning by 7 points or more as a -6.5 favorite means they covered the spread. If Penn State lost by 6 points or fewer, or won the game, they covered the spread. 2019 NCAA Championship odds, picks: This 3-way Final Four parlay pays 6-1 on Virginia vs. Texas Tech SportsLine's Hank Goldberg is going big on a three-way parlay for Monday's national.
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.
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.
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
Syracuse, N.Y. — Syracuse is a slight underdog for today's opponent.
Potawatomi hotel & casino. The odds have Clemson (11-5 overall, 5-5 in the ACC) as a slight favorite over the SU men's basketball team (10-5, 4-4) for Saturday's game. The point spread is 3, according to Vegas Insider, and the over/under is 135.5 points as of Saturday morning.
Syracuse bounced back against NC State in a 76-73 win on Sunday, but is still trying to build its resume for an NCAA Tournament bid. The Orange was scheduled to host Louisville at the Carrier Dome on Wednesday, but a positive Covid-19 test on the Louisville side led to the game being postponed.
Clemson recently endured its own pause due to positive coronavirus tests. The Tigers lost their first three games after resuming basketball activities, but have won two of their last three games with wins over Louisville and North Carolina.
GAME INFO
Who: Syracuse at Clemson basketball
When: Saturday, Feb. 6, 2021
Where: Littlejohn Coliseum at Clemson University
Time: 2 p.m.
TV: ACC Network
Streaming: ACCN can be streamed live on fuboTV, Sling, Hulu + Live TV and other live TV services. f you have a cable subscription that includes ACCN, you can watch it for free online or through tablets, mobile and streaming devices ESPN.com/watch or the ESPN app. You'll need the online sign-in info for your cable or satellite provider to access the free stream.
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