3 Way Vs. Other Football Betting Types
Betting Type | Number of Outcomes | Outcome Options |
3-Way Betting | 3 | Team A wins, Team B wins, Draw |
Moneyline | 2 | Team A wins, Team B wins |
Over/Under | 2 | Total goals over a certain value, Total goals under a certain value |
Both Teams to Score (BTTS) | 2 | Both teams score. Only one or no team scores |
Draw No Bet (DNB) | 2 | Team A wins, Team B wins (Stake returned if it’s a draw) |
Asian Handicap | 2 | Team A wins by more than a certain number of goals, and Team B wins or loses by less than a certain number. |
Advantages and Disadvantages of 3 Way Betting in Football
Advantages | Disadvantages |
Higher odds | Increased risk |
Added excitement | Can’t “middle” on a tie |
Removes tie uncertainty | Added variance and volatility |
Often better underdog value | Fewer choices for risk-averse bettors |
So, you already know what 3-way betting is, but you might wonder about whether this type of football betting is good or bad.
Advantages
First, let’s discuss some advantages of 3 Way betting in football.
More Chances of Winning
When you use 3 way betting, you actually get 3 chances to win. You have more chances to win than 2-way betting. Let’s say there is a match between your favorite football teams: Arsenal and Manchester United. You can bet on Arsenal, or the other team, or the game will end in a draw.
Simple and Flexible Bets
3 Way betting is simple because you just need to predict one of three outcomes. Likewise, it is flexible because you can adjust your strategy based on head-to-head records, team form, and other factors.
Higher Odds
Unlike 2 Way odds, 3 Way odds have higher odds. In fact, the odds are always higher for 3 Way bet compared to other football betting. So you can get a better return. And this is exactly what most betters who play online at Dubai Casino want.
Disadvantages
Although 3 Way betting has many advantages for football enthusiasts, it has a few downsides. There is a higher chance of losing the bet due to three potential outcomes. For example, if you bet on Argentina to win, but Brazil wins the match or ends up in a draw. In both cases, you lose your bet.
Odds System in 3 Way Betting
As mentioned above, 3 Way betting has higher odds than 2 Way betting. So, if you want to get rich on football betting, you must understand the narrowed details of 3 way odds system. Only then, you can you win more money by playing with calculated risks instead of betting blindly. The perceived likelihood of each outcome is an important factor in calculating the odds. For example, you are watching a football game between Italy and France. The odds may look something like:
- Italy to win = +350
- France to win = -125
- Draw = +250
So, what do these numbers mean? If you bet 100 Dirhams on Italy, you will win 350 Dirhams. On the other hand, if you bet 100 Dirhams on a draw, you will win 250 dirhams if the game ends in a draw. Moreover, if you bet 125 Dirhams on France and they win, you will make 100 Dirhams.
What strategies can be used for successful 3 Way betting
You can use different strategies to streamline 3 Way betting. These include:
- Arbitrage Betting
- Value Betting
- Statistic-Based Strategy
- Matched Betting
- Courtsiding
Arbitrage Betting
You can use the arbitrage method to improve your 3 Way betting in football. It finds discrepancies in odds between bookmakers for the same football/soccer match. You can bet on all three outcomes:
- Team A wins
- Match Draws
- Team B wins
So, the arbitrage method ensures you make money regardless of the match’s outcome. For example, a bookmaker offers odds of 2.5 for the Netherlands to win a game against Spain.
Another bookmaker offers odds of 3 for Spain to win. But there is another odd of 3.5 for a draw. You must place the right amount on each bet or outcome to make a profit no matter which team wins or the match draws.
Value Betting
Value betting is a unique football betting method. You can use this technique to enhance your 3 Way betting and increase your chances of winning.
Find and bet on outcomes that you think bookmakers have underpriced. For example, the bookmakers give the Netherlands a 50% chance of winning their next match against Spain.
However, you have done your homework, and your analysis concludes that the Netherlands has 65% of their similar matches in the past. So, this discrepancy favors you and encourages you to bet on the Dutch football team.
Statistics-Based Strategy
If you can develop a strategy based on statistical analysis, you can increase your chances of winning via 3 Way betting.
Use player and team stats, analyze head-to-head records, focus on the team’s current form, and analyze other relevant data to develop a sophisticated strategy based on informed predictions.
You can look at different parameters. For example, you may analyze how often England’s football team wins at home.
Likewise, you can look at how often France scores in the second half of the game. So, you can use this information to improve your betting strategy.
Matched Betting
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I have leveraged so many bonuses from online sportsbooks. The other day, I deposited 20 Dirhams and received 20 as a bonus.
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Courtsiding
Courtsiding is an exciting strategy to strengthen your 3 Way betting outcomes. You go to the stadium or arena to watch the match in person. You place different bets based on the live events before bookmakers can update the odds.
For example, if you are at a match between Real Madrid and Barcelona and you see Christiano Ronaldo injured before bookmakers come to know about this news, you can quickly place a bet and expect that Real Madrid will perform poorly.
Final Words About 3 Way Betting in Football
3 Way betting is good if you consider stats and analyze data. It is bad if you just bet on any team without considering factors like player or team stats. But sometimes, you can also trust your gut feelings when placing bets.