3 Way Handicap Betting
When many people think of handicap betting, they will usually think of the 2 way lines that are commonly used by many bookmakers and punters. However, what some people don’t know is that on top of those 2 way bet markets, there are further handicap 3 way lines which have three possibilities. These are the 3 way handicap lines and offer a slightly different way into betting if you wish to try something else.
If you are willing to make money from sports betting you need to know best bookmakers in the sports betting market, so we made for you best online sports betting sites 2021 rating. If you prefer betting with cryptocurrencies, we have good news for you, check out best crypto bookies page and best blockchain sports betting sites 2021.
3 Way Handicap Betting Explained
Instead of using a traditional 2 way bet line, a 3 way bet line can be used when betting. This line is handicap betting as we all know it, but instead of just offering you the chance to back on either team to come out on top, you can also bet on the handicap draw. This is a different way for betting and something that is unique to this line as you are backing the draw but using the handicap to level the playing field.
How Does it Work?
The line works the same as any other line in terms of the handicap, so if you have backed on other handicap lines in the past then you will know how this works. 3 way betting explained – you have three betting opportunities, you can back either of the two teams involved or you can back the draw.
The actual outcome of the game is added to the fictional handicap created by the bookmaker, and this is used to give the handicap result. This is the same as you would get with a 2 way handicap, but in this instance, there are three potential outcomes.
Examples of a 3 Way Handicap
Team A vs Team B
The 3 way handicap line is as follows
Team A +1 – Draw – Team B -1
The score is 3-0 to Team B.
When you add the one goal start that Team A were given, Team B have still won the game by a scoreline of 3-1 for the purpose of the handicap line, so Team B would be deemed the winner on the line.
The same game again, but this time the handicap line is as follows
Team A +2 – Draw – Team B -2
The score is 1-0 to Team B.
When you add the two-goal start that Team A were given, they have won the game 2-1 for the purpose of this handicap line, so Team A would be seen as the winner on the handicap. This is despite them actually losing the game, and it shows that when you are handicap betting, you can back a team on the handicap and have a winner, even if they lose the actual game that takes place.
Something else to note with this example is the opposite, for those who have backed Team B on the handicap line. Their team has won the game, but they have not won on the handicap line. This shows that when you are betting on this line, you can back a team that wins the game, but still have a losing bet as they have not won by enough to cover the handicap line.
These two scenarios can happen in any type of handicap betting, not just in 3 way handicap betting, so if you have placed bets on other handicaps before then it is likely you will have come across both of these scenarios in the past. Those new to handicap betting need to be prepared for this to happen to them, it is a common occurrence when you are using a handicap line in your bets.
The final example has a handicap line as follows
Team A +1 – Draw – Team B -1
The score in this game is 1-0 to Team B.
When you add the one goal start that Team A have on the handicap, the outcome of this game for handicap purposes is 1-1. This means that the game has ended in a draw on the handicap and those backing the draw on the 3 way handicap line will be deemed to have backed a winner.
This is where the 3 way line is different from others, as it works in numbers that mean the draw is a possibility and it can be backed. Although Team B have won the game, they haven’t done so by enough of a margin to cover the handicap, and Team A hasn’t held their handicap advantage enough to win the game on the line.
Backing the Handicap Draw is Backing the Bookmakers Opinion
When a bookmaker creates a fictional handicap line for a game, they are creating a line that is their opinion of what will happen. If you back the draw on the 3 way handicap bet line then what you are actually doing is backing the bookmakers to be correct in their prediction. Backing either team to successfully defeat the handicap, regardless of which way it is, is you backing against the bookmaker. With the draw, you are backing with them. In the example above that ends in a draw on the handicap line, the bookmaker is giving a one-goal start to Team A because they believe that will be the outcome.
By backing Team A or Team B on the handicap, you are saying the bookmakers have got it wrong, and that either Team A will win due to their head start, or Team B are good enough to win comfortably and beat the handicap line. The draw doesn’t do that, the draw is right down the middle where the bookmakers are expecting the game to go.
This is one of the reasons why backing the draw on a handicap line is proving to be increasingly popular. If you fancy this to happen, then not only are you backing your own opinion, but you are also backing that of the bookmaker. These all have multiple people who set their odds and lines and are seen as experts in their field so they are worth siding with from time to time if you want to go and back the draw.
If you want find more information about sport betting strategy, check out our betting guide page.