Money Way Bet
- A draw on a straight bet will refund your bet. Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight. Odds vary on each fight. To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager.
- Use the Each Way return calculator to work out your winnings online for all sports. Free, easy to use and mobile friendly bet calculator.
- In order to qualify for this promotion, new customers must place a minimum of £5 as their first bet on a single or each way bet on any Sky Bet market at odds of 1/1 or greater. Only your first bet with Sky Bet counts towards this offer. Any subsequent bets will not be eligible. You must bet a minimum of £5 in a single bet.
Min deposit £10. A qualifying bet is a ‘real money’ stake of at least £10. Min odds 1/2 (1.5). Free Bets credited upon qualifying bet settlement and expires after 7 days. Free Bet stakes not included in returns. Deposit balance is available for withdrawal at any time. Casino Bonus must be claimed within 7 days. To withdraw bonus/related wins, wager bonus amount x40.
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For many bettors, placing a moneyline wager is the simplest way to make a bet. This type of wager is as straightforward as they come, asking bettors to determine the straight-up winner of a game or match.
Certain sports provide an additional option beyond the classic two-way moneyline. Three-way moneylines also allow sports bettors to bet either one of the two sides, but they provide an additional option by allowing bettors to put their money on the likelihood of the event ending in a tie.
Read on for a deeper look at which sports offer three-way moneyline betting and how to turn a profit when placing these wagers.
Three-Way Moneylines, Made Simple
Whereas a typical moneyline bet involves a bet on one of two options, three-way moneyline betting involves three options. When wagering on a three-way moneyline, you can bet either Team A to win, Team B to win, or for the event to end in a tie (sometimes referred to as a ‘draw’).
Naturally, three-way moneylines come into play for sports where the result may end in a tie and, as such, a winner cannot be determined through regular game time. Because it is harder to accurately predict an outcome with three choices rather than two, betting on a three-way moneyline will offer more value to bettors than a traditional moneyline.
Oddsmakers primarily employ three-way moneyline bets in two sports, hockey and soccer. Unsurprisingly, this is because these two sports are significantly more likely to end in a tie or draw.
The Three-Way Moneyline in Soccer
Wagers in soccer are decided after full-time, which refers to the full 90 minutes on the clock, plus any additional time that is added by the referee for injuries, stoppages, or any other reason. Unlike in the large majority of other sports, ties (“draws” in soccer terms) are extremely common due to the lower-scoring nature of the game.
In fact, draws occur so often in soccer that three-way moneyline betting is the most standard and popular way to bet on a soccer match. However, there are many other ways to bet on soccer as well.
Operationally, betting on the draw is just like betting on a side. However, when betting on the draw, you’re hoping for the score to be tied at the end of full-time. An example of three-way moneyline odds for a soccer match could be as follows:
As you can see, the option of a draw is listed in the same fashion as choosing either team as the outright victor. It is worth noting that regular season matches can always end in a draw, but some tournament-style matches will extend into extra time and possibly into penalties. In these tournaments (where winners are guaranteed thanks to penalty kick shoot-outs), three-way moneyline bets are predicated on a result being determined in the 90 minutes of full-time play. In this case, your bet will be graded as a loss if the side you select to win does so after regular time.
Three-Way Moneyline in Hockey
There are many hockey leagues around the world, but most hockey bettors wager on the National Hockey League (NHL).
Standard, two-way moneyline betting is a popular NHL wager. However, because games are often tied after three periods, most hockey betting sites also offer three-way moneylines on most games.
Two-way moneylines betting on the NHL ask you to pick a side to win outright, even if the game goes to overtime or ends in a shooutout. Whether your team wins after three periods, during overtime or through a shootout, if the team you pick wins—you win.
A standard, two-way moneyline bet looks like this:
To compare the differences, let’s look at three-way moneyline odds for this same game. Remember that the three-way moneyline eliminates overtime from the wager, meaning you’re simply betting on the outcome at the end of three periods.
As you can see below, Vegas is still the favorite. However, in the three-way moneyline option, odds for both Vegas and Vancouver are longer. This means that if you select either team as an outright winner, you’ll see a better return on the three-way moneyline than you would on the two-way moneyline.
The tie is deemed the least likely option, so it offers the longest odds and biggest payout.
So if you’re looking for better value, longer odds, and higher payouts, three-way moneyline betting is the way to go. But remember, if you’re betting on a winner of the game, the bet is toast if they win in overtime or during the shootout. Three-way moneylines aren’t always the safest bet, but they can offer superior value.
Ready to Learn More Betting Terms and Strategies?
Three-way moneyline betting is just one of numerous ways to expand your horizons betting on sports. If you’re looking to learn more about betting terms, strategies and the sports betting industry, be sure to visit our 101 guides to sports betting.
Money Way Bet365
Saturday's 8th race from Oaklawn Park is the $150,000 Pippin Stakes for fillies and mares traveling one mile on the main track (Post Time 5:47 p.m. ET).
#6 ISTAN COUNCIL (7-2) probably would have won the She’s All In at Remington Park with a better trip. The early-pressing type likes this distance and has won here before.
#3 Getridofwhatailesu (6-1) fired exacta shots in five of six starts. Joe Rocco Jr. takes the call and she will try to get involved late.
#1 Vault (6-1) makes her first start in more than six months and she has the class and numbers to win a race like this. She is 0-for-1 at Oaklawn and 0-for-5 at one mile. She figures to save ground stalking the pace.
#2 Figure It Out (12-1) exits a romping optional claiming victory in a race originally scheduled for turf at Fair Grounds. The early-pressing type enjoys this distance.
#7 Wicked Whisper (3-1) won the Frizette (G1) as a juvenile and captured the Miss Preakness (G3) last year. She flopped in her lone try around two turns in the BC Juvenile Fillies (G1) but was able to handle a one turn mile in the aforementioned Frizette. I don’t really love her in this spot and she might take money win action than she should.
Wagers:
#6 to win
Trifecta Key 6/1-2-3-7
Trifecta 1-2-3-7/6/1-2-3-7
Recent Best Bet Winners
Jan. 1 - GULF COAST ($6.40), Exacta ($27.20)
Jan. 2 - ANOTHERTWISTAFATE ($7.60), Exacta ($40.40)
Jan. 7 - Real Talk/Willy Boi Exacta ($34.40)
Jan. 9 - SANENUS ($17.00)
Jan 19 - SOUTHERN BEAUTY ($5.60), Exacta ($15.60), Trifecta ($76.60)
Jan. 22 - FOUND MY BALL ($9.40), Exacta ($18.60), Trifecta ($45.60)
Playing the horses can be a rewarding but tough game. Exacta, trifectas, superfectas, Pick 4s, Pick 5s -- there are so many wagers to play, it can get overly confusing. How do you know how much to play or which wagers to try? Unfortunately, part of the learning process can include losing money. But we would like to help you shortcut that process by learning some of the most common mistakes that horseplayers make on a daily basis. Take a look at Horse Racing Nation’s newest eBook -- “Top 10 Mistakes Horseplayers Make” -- and see if it helps you avoid some common mistakes and win more playing the races.
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