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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').

Win, Lose, or Tie? Understanding Three-Way Moneyline Betting
sportsbettingdime : guides : betting-101 : three-way-moneyline

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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 higher than odds on a similar two-way bet considering there is an additional outcome. Therefore, when one places a 3-way bet there is only one way to win and two ways to lose.

How to Make a 3-Way Bet at a Sportsbook | BettingPros
bettingpros : articles : how-to-make-a-3-way-bet-at-a-sportsbook

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