What is a 3-way bet?
3-way bets are all those sports wagers that have three possible outcomes. This means, you have three options for your wagers. If a sporting event can end, in addition to a win and a loss, with a tie, you do indeed have three possible results that might occur. Classic examples of a 3-way bet would include a wager on the outcome of a football match or a game of handball. As we can see, the chance of a successful bet would always be 1:3. One reason why 3-way bets are so popular in comparison to 2-way bets, despite the greater risk, is: You will likely encounter higher odds. Above all, the great popularity of this kind of bet is the result of one important fact: Bets on the outcome of a football match are by far the most common type of wager.
What are typical 3-way bets?
The best known 3-way bets are those that focus on the outcome of a sporting event that can result in a win, a loss or a draw. And for sports tipsters, football is the clear number one in this regard. These are classic bets based on the 1X2 pattern, which we assume you all know.
1 home victory
2 away victory
On rare occasions, instead of an X the bookmaker will use a 0 – though the meaning is the same unless otherwise stated. If a fixture, such as a cup final, takes place on a neutral field, the 1 stands for victory by the team listed first, a 2 for the second of the two teams. Of course, in this category we include ALL sports bets that have three possible outcomes and thus a success probability of 1:3. There are many of these – let us take as an example the following bet on goal scoring:
In which half are more goals made?
Will more goals be scored in the first half? Odds 2.50
Will more goals be scored in the second half? Odds 2.00
Will the same number of goals be scored in both halves? Odds 3.00
What should you bear in mind when considering a 3-way bet?
Especially when it comes to knockout matches in football, you need to pay close attention before placing your bets. If the wager refers to the outcome of a match after regular playing time or after 120 minutes, this is indeed a traditional 3-way bet. Often, however, in cup competition bookies frequently ask merely who will move on to the next round. And in that case, we would actually be looking at a 2- way. We don’t want you to confuse the two. After all, it is conceivable that one team manages to win the match, whereas the other team actually moves on to the next round. That said, especially when considering cup competitions, to avoid confusion you need to be keenly aware of precisely what you are betting on.
Is it possible to bet on multiple outcomes of a 3-way bet?
Yes – though depending on the type of bet, you might potentially have to place your wager at different bookmakers. In general, we do suggest opening accounts with several betting providers so that you can always take advantage of the very best odds and offers. If you wish to use this approach strategically in order to guarantee fixed winnings, we refer you to our section on sure bets. There, we compile for you all of those bets that promise guaranteed winnings. As an additional alternative, last-second tipsters might also wish to consider “multiple bets”, which allow you to bet on more than one outcome through a single bookie. In addition to those, there are so-called “double chance” bets. In that case, you also have the option to wager 1X, 2X or 12. Which increases your chances of winning up to 67% – though, if you adopt this strategy, you will be dealing with lower odds, of course. If this appeals to you, you will have to thoroughly compare the odds being offered. After all, you need to make sure that, when push comes to shove, it will be you, not the bookmaker, who reaps the rewards.