What Is a 3-Way Moneyline? Home, Draw and Away Explained
A three-way moneyline has three outcomes to bet: the home team wins, the away team wins, or the game ends in a draw. It is graded on regulation time only. If you bet a team and the game is tied at the end of regulation, the bet loses.
How a three-way moneyline works
| Selection | Example price | Wins if |
|---|---|---|
| Home team | +120 | Home team leads at the end of regulation |
| Draw | +240 | The score is level at the end of regulation |
| Away team | +230 | Away team leads at the end of regulation |
In soccer, regulation means 90 minutes plus stoppage time. Extra time and penalty shootouts in knockout games do not count. Our guide to the 90-minute rule in soccer betting has the details.
In hockey, the three-way line covers 60 minutes. Overtime and shootouts do not count, so a game tied after three periods is graded as a draw.
Three-way vs two-way moneyline
Because the draw takes a share of the probability, both teams pay more on the three-way line. A hockey favorite at -160 on the two-way moneyline might be around -105 on the three-way line. The cost is that an overtime win no longer counts.
The standard two-way line is covered in what is a moneyline bet.
Ways to take the draw out of a soccer bet
- Draw no bet: your stake is refunded if the match is drawn.
- Double chance: you cover two of the three outcomes with one bet.
- Asian handicap: a goal spread that removes the draw.