Understanding MayaGame’s Moneyline 3-Way Bet: How It Works and When to Use It for Higher Payouts

A Moneyline 3-Way Bet, often found in sports like soccer (football), hockey, and other sports that allow for a tie or draw, is a type of wager where there are three possible outcomes for a game:

1. Team A wins
2. Team B wins
3. The game ends in a draw (tie)

Unlike a traditional moneyline bet where there are only two possible outcomes (one team wins or the other team wins), the 3-way moneyline adds the third outcome, which is especially useful in games that don’t have overtime in regular-season play, or where ties are common.

How a Moneyline 3-Way Bet Works

In a moneyline 3-way bet, you are simply betting on one of the three outcomes to happen. You are betting that:

• Team A wins outright in regulation time
• Team B wins outright in regulation time
• The game ends in a draw (tie) at the end of regulation time

It’s important to note that overtime or penalty shootouts are not considered in 3-way bets. Therefore, if the game goes to overtime, and you placed a 3-way bet, the bet would be settled based on the score at the end of regulation time.

Examples of a Moneyline 3-Way Bet

Suppose we have a soccer game between Team A and Team B. The 3-way moneyline odds might look like this:

• Team A wins: +150
• Team B wins: +200
• Draw: +250

Here’s what each of these odds means:

• Team A Wins (+150): If you bet on Team A to win, they must win in regulation time for you to win the bet. A PHP 100 bet would pay PHP 150 in profit if Team A wins, totaling PHP 250 with the original stake.
• Team B Wins (+200): If you bet on Team B to win, they must win in regulation time. A PHP 100 bet on Team B would pay PHP 200 in profit, totaling PHP 300 with the original stake.
• Draw (+250): If you bet on a draw, the game must end in a tie at the end of regulation time. A PHP 100 bet on a draw would pay PHP 250 in profit, totaling PHP 350 with the original stake.

Winning and Losing Scenarios

Let’s say you bet PHP 100 on Team A to win (+150), and here’s how different outcomes would affect your bet:

• If Team A wins in regulation time, you win PHP 150 in profit.
• If Team B wins, you lose your PHP 100 bet.
• If the game ends in a draw at the end of regulation, you lose your PHP 100 bet, since the 3-way moneyline only counts the outcome at the end of regular play.

Comparison with a 2-Way Moneyline Bet

For comparison, a 2-way moneyline bet only allows you to bet on one team or the other, with overtime or penalties included. Using a 2-way moneyline example:

• Team A: -110
• Team B: +110

Here, you’re simply choosing a winner, with the outcome determined by the entire game, including overtime or shootouts if they’re played. There’s no option to bet on a draw.

Sports Where 3-Way Moneyline Bets Are Common

• Soccer: Most soccer games offer a 3-way moneyline because regular-season games often end in ties.
• Hockey: During the regular season, hockey games can end in ties after three periods, making the 3-way moneyline an option.
• Basketball and American Football: 3-way moneyline bets are rare in these sports because games cannot end in a tie; they go to overtime to decide a winner.

Advantages and Disadvantages of 3-Way Moneyline Bets

Advantages:

1. Higher Payouts: The inclusion of a third possible outcome (draw) means higher payouts because the odds are more dispersed.
2. Useful for Tie-Heavy Sports: Great option for betting on sports where ties are common, like soccer or hockey.

Disadvantages:

1. Greater Risk: You can lose if the match ends in a tie when betting on a team to win, which is a common outcome in some sports.
2. No Overtime Consideration: Only regulation time counts, which may leave your bet at risk if a game goes into extra time or shootouts.

Conclusion

A moneyline 3-way bet offers more betting flexibility for games that can end in a draw and offers higher payouts but comes with greater risk since you lose if the outcome isn’t exactly as you predicted.