Alternative Handicap 3-Way. In addition to the Alternative Handicap 2-Way betting, you can enjoy Alternative Handicap 3-Way betting on rugby. This works in the same way as normal handicap betting in rugby but introduces the possibility of the match ending in a draw, meaning there are three options.
You can bet on Liverpool -3 in the 3-way handicap at 11/2 and this means they start the game with a 3 goal deficit. If Liverpool win the match by a 4 goal margin, the bet will be a winner. If you think Liverpool will win by 3 goals, you could back the tie in the 3-way handicap market at 9/2 and this is the major difference between a basic handicap bet and a 3-way handicap bet.
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A 3 way handicap is an excellent bet which evens out teams and increases odds. In this wager, the bookmaker gives one of the competitors a goal/point advantage before the match starts and gives you three betting options, which are home team wins, away team wins, and draw. This means that the other team/player will have to score higher goals/ points tally to win.
Rugby Handicap Betting: Rugby league handicap betting may only be familiar to those who are used to rugby betting. Essentially it’s a technique used by bookmakers to level up unequally matched fixtures. They do this by offering handicap betting odds. This entails giving the underdog team a head start. For example:
3 Way Handicap Betting Explained. Instead of using a traditional 2 way bet line, a 3 way handicap betting 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.
The match ends 3-2 to Aston Villa, but because of the +1.5 handicap, your bet on West Brom pays out, and the score was effectively 3.5-3 to West Brom in terms of the bet.
Entity - I wouldn't bother with the 3 way handicaps as the prices are less competitive than the 2 way asian handicap prices so the bookies have the luxury of a higher built-in profit margin. Those prices shown above have a 11% bookie profit margin whereas with AH prices you can get much closer to 1% by shopping around.
A 3-way bet (often referred to as a 1x2 bet) is a type of sports bet for games with 3 potential outcomes. These outcomes are generally win, lose or draw. Or put another way: team 1, draw or team 2 (hence the bet often being referred to as "1x2").