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With just two or three betting options, 2- and 3-way bets belong among the most popular

offers in the bookmakers’ 💸 sportsbooks. We are going to clarify the meaning of the two

terms and introduce several types of sports betting that 💸 can be classified under these

two types of offers.

When a type of bet allows you to make just two or 💸 three forecasts,

it is referred to as 2-way or 3-way bet. The best-known example among the football bets

is the 💸 1×2 bet: the player is asked to correctly predict the outcome of the match,

namely whether the home team or 💸 the away team will win, or whether the teams will leave

with a draw instead.

The basis for validation is the 💸 match result at the time of the

final whistle after 90 minutes including injury time. In tournaments where a winner

💸 must be determined and extra time is ordered in the case of a draw, the result within

regular playing time 💸 is nonetheless decisive for the settlement of a 1×2 pick.

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Win bet as a 2-way or 3-way 💸 bet

Additionally, there

are also sports where a draw is possible in theory, but seldom happens in reality, and

these are 💸 therefore listed in the bookmakers’ sportsbook as a 2-way win bet. This is

true for most of the American sports, 💸 such as basketball, ice hockey, baseball and

American football.

In this case, it is not the result after the end of 💸 the regular

playing time that counts, but rather the overtime (and possibly penalty shootout) or

the extra innings. A 1×2 💸 betting offer, which plays only a marginal role in the context

of basketball and many other American sports, is mostly 💸 run as an alternative betting

option with the rest of the match bets.

The 2-way win bet is also known as 💸 “moneyline”

in American sports, and is also often described as such by English bookmakers.

More

typical 2-way and 3-way bets

Apart from 💸 the undisputed betting classic, the match win

bet, that can be selected as two-way or three-way option depending on the 💸 sport, there

is a range of additional types of betting, that come under the classification of the 2-

or 3-way 💸 bet. In the following section we will introduce the most

important.

Over/Under

Over/Under bets count as 2-way bets, as the question is 💸 whether

the number of goals scored, red cards, corner kicks etc. during a match is over or

under a certain 💸 value: Will there be over (more than) or under (less than) 2.5 goals

going to be scored within the regular 💸 match time?

Handicap

Handicap bets are offered

with the aim of equalizing a difference in strength between two opponents. This is

based 💸 on the match win bet (which is a 2- or 3-way bet depending on the sports type),

however, with the 💸 handicap bet, a virtual goal advantage is given to the underdog or

negative goals might be applied to the favorite 💸 to even out performance

levels.

Screenshot: the different handicap bets offered by Interwetten for an Premier

League Match between Liverpool and 💸 Leeds United

The bet is won if the match result plus

the fictitious goals (or minus, as the case may be) 💸 results in the predicted outcome.

As an example: If the visiting team receives 1 handicap goal as a lead, then, 💸 with a

final score of 2:1, the relevant result for the settlement of bets is 2:2 (match result

2:1 + 💸 handicap 0:1).

A handicap bet on a draw would therefore be a win, while a win bet

on the home team, 💸 which in reality leaves the pitch as the winner, are settled as

lost.

Draw no bet

Draw no bet is a well-known 💸 option for football bets. Here a 1×2-bet

is reduced to a two-way bet, in that only 1 or 2 can 💸 be selected. If x (a draw) occurs,

the bet stake is returned to the punter.

Head-to-Head

Head-to-head includes all bets

that put 💸 two players (or teams) into direct comparison, which is why they are also

counted among the 2-way bets. A typical 💸 offer from the football sportsbook would be:

Which goal scorer will score more goals during the Word Cup, Cristiano Ronaldo 💸 or

Thomas Müller?

Double Chance

The double chance bet is also based on the traditional

1×2-bet, which is typical for betting on 💸 football matches which expects three possible

match outcomes. With Double Chance there are also three outcomes, but the risk the

💸 player takes is less because two of the three outcomes are covered by one

selection.

And so, one doesn’t select 1, 💸 x or 2, but 1x, x2 or 12. “1x” wins in the

case of a home win and a draw, 💸 “x2” wins when the match ends in a draw or an away win,

and “12” covers the win of the 💸 home team or the away team. The disadvantage of this

type of bet is the low odds offered.

Less as a 💸 type of bet in its own, but certainly as

a typical and always encountered offer in the football sportsbook, are 💸 so-called yes/no

betting options. These are questions which can be answered with a yes or no – for

example: Are 💸 both teams going to score a goal – yes or no?

2-way vs. 3-way bet: is one

better than the other

There 💸 are no general disadvantages that apply to the 2-way bet as

well as the 3-way bet. However, it is true 💸 that theoretically the risk of losing a bet

with 3 possible outcomes is higher than one with two (which, of 💸 course, depending on

your point of view, equates to an advantage or a disadvantage).

In theory the chances

are 50:50 vs. 💸 33:33:33.

Such an ideal-typical distribution however doesn’t really exist

in connection with sporting competitions. After all, a wide variety of factors, 💸 such as

the strength of the teams, the actual match-day form and many other things determine

the real distribution of 💸 the odds.

And then there are types of bets that deliberately

shift the chances of winning (handicap) and even increase them 💸 (double chance).

Video:

the most important tips, tricks and strategies for successful betting effectively

summarized.

Multi-way bets and opposing picks

2- and 3-way 💸 selections can be placed as

single bets. Additionally, they can be integrated into combination and system bets.

There are practically 💸 no bet types that are excluded from this possibility, so that the

punter has a lot of flexibility.

While risky types 💸 of bets, i.e. multi-way bets with

four, five or more outcomes, are not suitable for the more daring combination bet,

💸 2-way and 3-way bets are more likely to be a better recommendation here.

Opposing

selections can be placed with many betting 💸 sites. This means that, for the purposes of

the example, one can pick all outcomes (i.e. outcome 1, outcome x 💸 and outcome 2) for a

certain match – naturally not in the form of a multi-way bet – that wouldn’t 💸 make sense

– but as single bets.

In our opinion, this makes the most sense when a loss threatens,

for example, 💸 on a pre-match bet, and the intention is to hedge it with a live bet.

All

types of betting markets explained

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