Exploring Three-Way Handicap Betting in Bookmakers
Three-way handicap betting can sometimes be a bit challenging for players when calculating potential profits. In this guide, we’ll explain the three-way handicap in the simplest way possible so you’ll never have trouble understanding it again. Essentially, a three-way handicap represents three options with three possible outcomes: 1, X, or 2.
How Does Three-Way Handicap Betting Work?
Three-way handicap betting is easy to understand, especially if you’re familiar with other handicap betting systems like Asian Handicap or European Handicap. It is available across many sports, but we will focus on football, where it is most commonly used. Many online bookmakers worldwide offer three-way handicap betting alongside European and Asian handicaps. There aren’t significant differences between these three types of handicaps.
A three-way handicap bet focuses on three possible outcomes, similar to traditional match betting: a home win, a draw, or an away win. However, unlike regular 1X2 bets, a three-way handicap does not start from a 0-0 score. Instead, one team is given an advantage or a disadvantage by a specific number of goals, which must be factored into the final betting outcome.
Example of Three-Way Handicap Betting
Let’s say Middlesbrough is set to host Manchester United, who are in good form and need a win to climb the standings. The 1X2 odds for the match are as follows:
Home win: 6.25
Draw: 3.90
Away win (Manchester United): 1.65
However, the three-way handicap options offer more attractive odds.
If we bet on a three-way handicap with a -1 goal handicap for Manchester United (meaning Middlesbrough starts with a 1-goal advantage), the odds change as follows:
Manchester United win: 1.11
Draw: 7.50
Middlesbrough win: 15.00
If you place a bet on "United -1" in the three-way handicap, your bet will win if the match ends in a draw or if Middlesbrough wins (essentially a 1X bet), as they benefit from the one-goal advantage.
Another example is a match between Chelsea and Norwich City:
Chelsea (-1)
Draw (+1)
Norwich City (+1)
In this bet, the stronger team (Chelsea) is handicapped by one goal, while the weaker team (Norwich City), with poorer form and head-to-head results, is given a +1 goal advantage.
If you bet on a draw (+1), you win if Chelsea wins by exactly one goal.
If you bet on Chelsea (-1), they must win by at least two goals for your bet to be successful.
If you bet on Norwich City (+1), you win if the match ends in a draw or if Norwich City wins outright.
Advantages of Three-Way Handicap Betting
Handicap betting, in general, offers players the chance to win higher payouts than traditional bets. A successful handicap bet can provide odds as high as 4.00 or 5.00.
If you stick to smaller odds, you might need to place three or four winning bets to achieve the same returns. Adding multiple matches and the best football prediction site to a betting slip significantly reduces your overall chances of making a profit.
Conclusion
Three-way handicap betting becomes more exciting and simpler once you understand the fundamentals and strategies shared by https://wintips.com/in this guide. Unlike traditional 1X2 betting, this type of wager offers equal winning opportunities but can yield higher profits when betting on the underdog.
Three-way handicap betting is especially beneficial when players can win by factoring in goal differences. To win a bet, your selected team must overcome the given handicap with the required goal margin.