# 3-way Betting: What is It & How to Use It

3-way betting is a popular form of sports wagering that allows bettors to make a prediction on the outcome of an event with three possible outcomes: Team A wins, Team B wins, or a draw. This type of betting is available for many different sports, including soccer, hockey, basketball, and baseball. In this blog post, we’ll take a look at what 3-way betting is and how to use it.

## What Is 3-Way Betting?

A 3-way bet is a bet on an event that has three possible outcomes: Team A wins, Team B wins, or a draw. The odds on a 3-way bet will always be expressed in decimal format (e.g., 1.50) and the payout will depend on which team you choose to win or if you choose the draw option. For example, if you were to place a \$100 bet on Team A with odds of 1.50 and they won the game, you would receive \$150 in return (\$100 x 1.50 = \$150).

The main advantage of 3-way betting is that it gives you more options when making your predictions. With two-way betting (Team A vs Team B), there are only two possible outcomes; however, with three-way betting (Team A vs Team B vs Draw), there are three possible outcomes that can increase your chances of winning your bets.

On the other hand, one disadvantage of 3-way betting is that the odds tend to be lower than two-way bets since there are more possibilities for the outcome of the game.

### Types Of Three Way Betting

There are several types of three-way betting available depending on what sport you’re wagering on:

• Soccer/Football – In soccer/football matches there are usually three ways to bet: Home Win (Team A), Away Win (Team B), or Draw (tie).
• Hockey – In hockey matches there are usually two ways to bet: Regulation Time Win (60 minutes) or Overtime Win (including overtime periods).
• Basketball – In basketball matches there are usually two ways to bet: Regulation Time Win (48 minutes) or Overtime Win (including overtime periods).
• Baseball – In baseball matches there are usually two ways to bet: Regulation Time Win (9 innings) or Extra Innings Win (including extra innings).

## How To Calculate Your Payout With Three-Way Betting

When calculating your payout with three-way betting it’s important to remember that each outcome has its own set of odds associated with it so it’s important to calculate each one separately before adding them together for your total payout amount.

For example, if you were placing a \$100 bet on Team A with odds of 1.50 and they won the game you would receive \$150 in return (\$100 x 1.50 = \$150). If you were also placing a \$100 bet on Team B with odds of 2.00 and they won the game then you would receive an additional \$200 in return (\$100 x 2 = \$200). Adding these amounts together would give you a total payout amount of \$350 (\$150 +\$200 =\$350).

## Notes When Playing 3-way Bets

### Odds

It is important for 3-way bettors to be aware of the odds associated with each wager they make. It is also wise to remember that 3-way betting usually has lower odds than two-way bets since there are more possibilities for the outcome of the game. As a result, it’s important that bettors calculate each possible outcome before making any bets as this will help them determine their potential winnings and losses.

### Game Rules

Before placing any 3-way bets it’s important for bettors to familiarize themselves with the rules of the sport they’re wagering on and understand how these rules can affect the outcome of their wagers. For example, some soccer leagues allow teams to have three points for a win instead of two points – this means that in certain cases draws could occur instead of one team winning outrightly which would affect your potential payout amount if you had placed a 3-way bet on such a match.

### Player/Team Form

It is important for 3-way bettors to research current player and team form before placing any bets as this can provide valuable insight into which team has an advantage over its opponent(s) and increase their chances of winning their bets. Researching player injuries and suspensions is also key as these can significantly impact how individual players or entire teams perform throughout a match/game (e.g., due to decreased morale).

### Bookies

When it comes to 3-way betting, choosing a reliable bookie like Fun88 or W88.com is essential. 3-way betting involves wagering on three possible outcomes in a given match, such as the home team winning, the away team winning or a draw. It can be a great way to increase your chances of making a profit from sports betting, but only if you choose the right bookmaker.

Fun88 is one of the most reliable and trusted online bookmakers available today. They offer competitive odds on all sports markets and have an extensive range of betting options for 3-way bets. Their customer service is top notch and they provide secure payment methods for deposits and withdrawals. Plus, เว็บFun88 is easy to use and navigate, so you can quickly find the bets you want to place without any hassle.

### Live Betting & In‐Play Money Management

If you plan on using Live Betting (also known as In‐Play Betting) it’s important to remember that certain bookmakers may limit your ability to place live 2 or 3-way bets depending on market availability or restrictions set by sporting bodies – so it pays off to double check beforehand.

Additionally, proper money management when placing live bets is essential; having previously identified how much you are comfortable losing in one session, sticking to predetermined limits will ensure you don’t suffer from large losses that would otherwise be difficult (or even impossible) to recover from!

## Conclusion

In conclusion, 3-way betting is an exciting form of sports wagering that allows bettors to make predictions on events with three possible outcomes – home win, away win or draw – giving them more options when making their predictions than traditional two-way bets do. It’s important for potential bettors to understand how payouts work when using this type of wager as well as research strategies specific to each sport before placing any bets in order to maximize their chances for success!