A 3-way moneyline adds the draw as a betting option alongside the two teams. If you pick a team and the match draws, you lose — even if your team didn't technically lose.
Where You'll See It
Primarily in:
- Soccer / football
- Hockey (some books offer it for regulation only)
- Some international basketball markets
The Three Options
Example — Premier League:
- Manchester United: +120
- Draw: +240
- Arsenal: +180
Each price reflects the book's estimated probability minus the hold.
Why It Matters for Bettors
Standard 2-way moneylines in soccer don't exist at most US books. The "to win" market is typically a 3-way. If you bet Manchester United at +120 and the game draws 1-1, you lose.
The Hold Is Higher
With three outcomes, books typically hold 5-8% compared to 4-5% on NFL moneylines. Always compare the implied probabilities to spot overpriced draws.
When the Draw Has Value
- Late-season matches where both teams need a point (standings incentives align)
- Evenly matched teams with low expected goals
- Home teams that historically play defensively
[Find value in soccer 3-way markets with Oddible's odds grading →]
