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For many bettors, placing a moneyline wager is the simplest way to make a bet. This type of wager is as straightforward as they come, asking bettors to determine the straight-up winner of a game or match.

Certain sports provide an additional option beyond the classic two-way moneyline. Three-way moneylines also allow sports bettors to bet either one of the two sides, but they provide an additional option by allowing bettors to put their money on the likelihood of the event ending in a tie.

Read on for a deeper look at which sports offer three-way moneyline betting and how to turn a profit when placing these wagers.

Three-Way Moneylines, Made Simple

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’).

Naturally, three-way moneylines come into play for sports where the result may end in a tie and, as such, a winner cannot be determined through regular game time. Because it is harder to accurately predict an outcome with three choices rather than two, betting on a three-way moneyline will offer more value to bettors than a traditional moneyline.

Oddsmakers primarily employ three-way moneyline bets in two sports, hockey and soccer. Unsurprisingly, this is because these two sports are significantly more likely to end in a tie or draw.

The Three-Way Moneyline in Soccer

Wagers in soccer are decided after full-time, which refers to the full 90 minutes on the clock, plus any additional time that is added by the referee for injuries, stoppages, or any other reason. Unlike in the large majority of other sports, ties (“draws” in soccer terms) are extremely common due to the lower-scoring nature of the game.

In fact, draws occur so often in soccer that three-way moneyline betting is the most standard and popular way to bet on a soccer match. However, there are many other ways to bet on soccer as well.

Operationally, betting on the draw is just like betting on a side. However, when betting on the draw, you’re hoping for the score to be tied at the end of full-time. An example of three-way moneyline odds for a soccer match could be as follows:

As you can see, the option of a draw is listed in the same fashion as choosing either team as the outright victor. It is worth noting that regular season matches can always end in a draw, but some tournament-style matches will extend into extra time and possibly into penalties. In these tournaments (where winners are guaranteed thanks to penalty kick shoot-outs), three-way moneyline bets are predicated on a result being determined in the 90 minutes of full-time play. In this case, your bet will be graded as a loss if the side you select to win does so after regular time.

Three-Way Moneyline in Hockey

There are many hockey leagues around the world, but most hockey bettors wager on the National Hockey League (NHL).

Standard, two-way moneyline betting is a popular NHL wager. However, because games are often tied after three periods, most hockey betting sites also offer three-way moneylines on most games.

Two-way moneylines betting on the NHL ask you to pick a side to win outright, even if the game goes to overtime or ends in a shooutout. Whether your team wins after three periods, during overtime or through a shootout, if the team you pick wins—you win.

A standard, two-way moneyline bet looks like this:

To compare the differences, let’s look at three-way moneyline odds for this same game. Remember that the three-way moneyline eliminates overtime from the wager, meaning you’re simply betting on the outcome at the end of three periods.

As you can see below, Vegas is still the favorite. However, in the three-way moneyline option, odds for both Vegas and Vancouver are longer. This means that if you select either team as an outright winner, you’ll see a better return on the three-way moneyline than you would on the two-way moneyline.

The tie is deemed the least likely option, so it offers the longest odds and biggest payout.

So if you’re looking for better value, longer odds, and higher payouts, three-way moneyline betting is the way to go. But remember, if you’re betting on a winner of the game, the bet is toast if they win in overtime or during the shootout. Three-way moneylines aren’t always the safest bet, but they can offer superior value.

Ready to Learn More Betting Terms and Strategies?

Three-way moneyline betting is just one of numerous ways to expand your horizons betting on sports. If you’re looking to learn more about betting terms, strategies and the sports betting industry, be sure to visit our 101 guides to sports betting.

How to make money with sports betting?

The first step is to copy bets from professional tipsters; this usually means less risk and more significant return. The second step is to understand the concept of value; this means you have to be critical. Reading tips: We just made a guide on how to make money as a betting affiliate.

Strategies for making money on sports

Do you want your betting bank to grow without increasing your risk and budget? Then make sure you follow these tips regarding make money sports betting.
Betting websites with authority and a good strategy will help you reach your goal. This is the only money making guide for betting you will need.

If you want to make a whole-hearted attempt to make money sports betting, you should consider that you will need a proper and well-thought-out strategy for how to play and go about it.

Making money sports betting is difficult, but it’s not impossible

Many of these people who manage to use their own “winning strategy” are rarely able to make money sports betting, and there are very few people out there that can lead to gamble and keep it as a full-time job.

When creating your sports betting strategy, it is essential to do the math first. How much to bet every month? How large are the units? To be able to make money out of sports betting, you need to think of it as an investment.

Furthermore, you always have to review every bet you do. I know, it’s annoying to write down losses, but it is a must if you want to keep track of whether you make a profit or loss – during your betting.

If you want to make money sports betting

After all, you are still a human being.

But if you get a winning strategy and stick to it – it is possible to make money sports betting. This our guide on how you can make that happen.

There are lots of different ways to copy bets from professional tipsters. Either you can pay for these tips – or not. Many people do not want to spend money on “betting tips” since there is a risk. Of course.

But there are good free alternatives. For example, you should check our Tipstrr review and Betting Gods review

Both of these platforms send “inform” tips to your inbox.

The downside is that you get the tips a few hours after they are published, which means you may not get the same odds as they report.

It’s a great way to “feel” what it’s like to copy bets from professional tipsters. Also, both Tipstrr and Betting gods offer a variety of tipsters. Both free and paid services.

Therefore, we rank this as the absolute best way to make money from sports betting.

2. Understand the concept of value

You have to be critical.

If you are not, then sports betting is not for you. Sure, you can be sure that a favourite of odds 1.25 will win, but is there any value in the game itself?

Lots of times, we’ve heard punters say, “There’s no risk of losing this game.” – Absolutely – these tips are clear favourites, but is the probability that they win better than the odds offered?

Value when it comes to sports betting is a simple concept, but most people who are betting don’t have much control over it.

The gambling market is primarily based on these “naive” players who have a far too skewed view of different odds – you need to read and do your homework.

Only then, you can exploit this fact and recognise the value for real.

3. finding teams that others do not believe in

Betting is sometimes “better,” the worse it looks on the paper. Maybe this sounds a bit strange, but the less the public and attention a team gets – the more value.

Especially a team that has done well for a long time, but for some reason, had a slight dip in the last 4-5 games.

If everyone skips bets because the match does not seem exciting or the team in question has been bad – then the odds can be in our favour and once again, a value has appeared, and you will make money betting on them.

4. Make money sports betting

Some players may be able to achieve success in the short term through betting based on emotion and instinct but to succeed in the long run; you need to be more analytical and familiar with different names and, for example, if the odds reflect the probability, etc.

4.1 Can you do this?

Betting is a game of numbers – and you should have reasonably good control of the counting methods.

However, this can be tricky. If you are serious about your betting, you might want to try Betegy.

Betegy uses analysing models, just as Bookmakers. And the development and regression of a football team will be analyzed and the result is often reliable. Betegy aims to give sophisticated and well-analysed betting tips.

It means that Betegy can say where to spend the money for the greatest success. Betegy predicts the results of football matches with an 80% chance of success.

Betegy uses an algorithm developed by sports lovers for sports lovers. Their efforts to offer highly successful product bettors have proven to be more profitable than others.

5. Learn how bookmakers decide odds

It depends on the popularity of the match/event. Still, in general, the bookie’s odds will be a reflection of how the public is expected to play – rather than the actual probabilities. My personal favourite is BetBallers.

Of course, it’s not that simple, but in general, bookmakers will set their odds to attract bets on either side of the odds to balance their credibility (and increase their commission).

It gives smart players little room to find value – where the public’s opinion is simply wrong.

It also means that you can find odds at massive events where many play for the interest.

It could be, for example, the racing tips. As the public on average has an inferior track of the horses, the odds are favourable for us as we are gamblers with more control of the situation.

Choose a good bookmaker, read our full list over the best betting sites.

6. You can’t change the past

Don’t get angry because of a lost bet. If you have faith in what you do, then you just proceed with your plan, just like anyone who fancy poker – you can’t win every hand.

It is also important not to get bogged down in any false security after a few wins in a row. Be harmonious, passionate and smart.

We are all different, and if you know that you have trouble keeping your emotions in control, then you have to start with yoga or something else that can calm your mind.

Otherwise, you will not make money sports betting.

7. Watch out for combination games

Combination games, jackpots and other lures from the bookmakers and betting companies are usually not a good idea if you want to make money in the long run. But if you are placing your bets with “matched betting,” it might be.

You have to decide what is worth playing and not.

The regular player usually adds an extra match to find slightly higher odds. Still, these guys don’t think that it is significantly much more challenging to manage to dot correctly and usually forget about the times an excellent combination game did not sit – which is a lot of times.

8. Long-term Think

To make money sports betting is often just a dream. It would be fantastic if you got rich overnight. However, the probability of that is almost equal to zero, of course.

Thinking long term and building an expert mind is how you should do it. You may feel a month is good enough, but you need to post a full calendar year at least to make assessments.

Money Bet Sports Gambling

The bets you gamble can also increase gradually, and who knows you may even live on the betting, but you need a stable mind and careful planning if you are planning to make money sports betting.

9. Reasonable bets

If you want to make money sports betting, you must start with a betting bank that can take some hits.

Many people fall into the trap and bet too big. If you do your homework and instead place around 2,500 bets a year with a lower return, let’s say 4%, you would quickly calculate a net profit of 40’000. That’s 30,000 more than the previous example.

10. Don’t need to “make it interesting.”

We’ve heard it plenty of times: “Sometimes I just play because I think it’s fun!” It is undoubtedly useful and healthy, but if you want to be a successful tipper and make money sports betting, then it is something you shouldn’t do.

Here you can read more about our Best Horse Racing Tipsters. Ranked and listed.

If you want to test a free alternative we can really recommend you to try Tipstrr’s Free Daily Tips. They are currently ranked #1 over best horse racing tipsters. Furthermore, they smash their competitors, even though the service is completely free. Claim your free racing tips today!

If you are interested in learning how to create your own strategies on how to make money sports betting, we can offer such guides as well.

How To Bet Money On Sports

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