2 Way Betting Explained
One of the primary objectives of any sports bettor is to increase the amount of money they win with every bet. Of course, anyone would love to have a 100% success rate, but we all know that’s not possible – even when playing 1,01 odds every day. If you take sports betting seriously, you should try to increase your average win as much as possible, and there are a few tried-and-tested ways to do this.
- An each-way bet, or ‘ew bet, is two bets: one bet for the selection to win and one bet for the selection to place. The place part of your bet will be settled in accordance with the place terms stated for the event.
- Another way of betting soccer is to take the 2-way moneyline, also known as “Draw, No Bet” This is betting on the outcome of the game without the Draw. The two possible wagers are.
In this video I explain what 3-way betting is and provide a couple examples.Here's the link to the page on Sports Betting Canadian: http://www.sportsbettingc.
Simply put, the idea is the following: if you analyze a game well enough, chances are you can predict more complicated things that a simple winner or loser. If you are able to do so, then 3-Way Handicap betting might make the difference between average returns each month and big success.
Best Online Bookmakers For 3-Way Handicap Betting
Best 3-Way Handicap Betting Sites By Country
What Is 3-Way Handicap Betting And How Does It Work?
Thankfully, 3-Way Handicap is very easy to understand, especially if you are familiar with other types of handicap betting systems, like Asian Handicaps or European Handicaps. Three-way handicap bets are available in a wide variety of sports, but we’ll only focus on football today. Lots of betting sites from all over the world offer bettors 3-Way Handicap bets, alongside European and Asian handicap bets. There isn’t a significant difference between these three styles.
3-Way Handicap bets focus on the same three outcomes as outright bets: home team to win, draw, or away team to win. The difference between 3-Way Handicap bets and outright bets is that the game doesn’t start from the score of 0-0. One of the teams has a larger or smaller advantage or disadvantage, and have to take this into consideration for the final outcome of the bet. As always, it’s easier if we take a practical example.
3-Way Handicap Betting Example
Let’s assume that Middlesbrough prepare to host Manchester United, which is in good form and need a win, which could see them move into higher place. The outright odds of the game are the following: 6,25 for a home win, 3,90 for a draw and 1,65 for a Red Devil away win. Of course, the 3-Way Handicap options are much more attractive.
If we look at the 3-Way-Handicap section of the online bookmakers for this game, we see we have several scenarios: only one favourable for Man United, and several favourable for Middlesbrough. The one beneficial for the Red Devils is called “Game Starts 0:1” or Boro -1, Draw -1, United +1. In this case, the odds of an away win drop to 1,11, a draw is priced in at 7,50 and a home win at 15,00.
If you take the “United +1” bet here from the 3-Way Handicap slip, your bet will be a winner if the game ends in a draw or if the Red Devils win (essentially an X2 bet), since they do benefit from a one-goal advantage from the handicap. This is one of the ways to use 3-way handicap bets to search for “sure bets” – low odd bets, where the favourites just have to avoid losing.
Of course, the game offers some other great alternatives to use the 3-Way Handicap. If we look at the betting options, we see that we have lots of options where the home team is favoured: Game starts 1:0, 2:0 or even 4:0. These are all great ways to bet against favourites, especially if these favourites are teams which struggle to play well on the road – just like Man United have done this season.
Looking at their away form, they very rarely win by more than 1 goal away from home. Thus, if the game would start 2:0 and we would bet on the home team, even a narrow away win wouldn’t make us lose our bet. The odds of this scenario: 1,36 for Middlesbrough +2 handicap bet.
Such an advantage works in other ways as well. For example, an early United goal could force the home team to start attacking and opening their defence to counter-attacks – and we all know that Boro doesn’t have the best offence in the league. In such a case, United could score a few more goals, and even overturn the 2:0 deficit the bet has them to start with.
An away goal overturning the 2:0 star has odds of 5,50. Primarily, this bet could also be looked at as an Asian Handicap bet, Manchester United -2,5. 3-way handicap bet is, thus, just another way to make use of handicaps to win as much money per bet as possible.
Advantages Of 3-Way Handicap Bets
Handicap bets of any type actually open the doors for larger-odds betting. Just think of it: one well-placed handicap win could bring you odds of 4.00 or 5.00.
If you’re looking for smaller odds, you could need as many as 3 or 4 bets to obtain such odds, and we all know that adding games and predictions on the betting slip drastically reduce win chances.
Handicap betting can almost be seen as trading: your win rate, at the end of a period, could be just around 50%, but this could still bring you good profits if your average odds are over 2,00.
Summary And Recommendations
That being said, take a look at the 3-Way Handicap section before you place your next bet on the best football betting sites. Now that you understand how these bets work, you can easily find lots of options each weekend where a handicap bet could bring you quite some profits.
Usually, even favourites can have good odds to win away from home, and if we add even a -1 handicap , the odds become even greater. And teams like Liverpool, Man United, Real Madrid, Barcelona, Bayern or Juventus have no problem putting a few goals past their opposition.
If this isn’t your cup of tea, look at it from a different perspective: how often do teams like Inter, Milan, Chelsea, Arsenal or Manchester City win by two or more goals away from home? Is their away form really that good to warrant bets on them? Or are you better of trying to anticipate a surprise?
These are all betting ideas where a 3-Way Handicap bet could be ideal. After a careful analysis, these types of bets can quickly improve your win rate, and also increase the size of your account with it.
A round robin (RR) is simply a nickname for a type of parlay wagering strategy. You take a group of three or more selections and put them in combinations of individual parlays. You could enter these parlays individually yourself, but a lot of sportsbooks allow you to select a round-robin option and do it automatically. This proves to be a much faster proposition.
Round robins get a lot more complex as the number of teams goes up. A two-way round robin means that you are betting as many different two-team parlay combinations as you can with a given number of teams. On a three-team RR two-way parlay, you would have three different two-teamers.
Let’s just give an example to show you how a three-team RR two-way bet would work. You like three teams we’ll call the Cowboys -7, Packers -7 and 49ers +4. Let’s say you wanted $100 on each pair. Here’s how your wagers would look:
- Parlay 1:
Cowboys -7
Packers -7
Betting $100 to win $260 - Parlay 2:
Cowboys -7
49ers +4
Betting $100 to win $260 - Parlay 3:
Packers -7
49ers +4
Betting $100 to win $260
How Do You Win a Round Robin?
So, you’ll be risking $300 for a potential profit of $780. Your only options will be to lose all three, win all three, or lose two and win one. If you lose all three, you would obviously be out $300. If you win one and lose two, you would win $60. So, you basically have to go 2-1 or 3-0 to show a profit.
Are They Worth It?
2 Way Betting Explained 1x2
That’s why it might be better to just bet all three separately for $100 each because if you go 2-1, you win $90 instead of $60. If you go 1-2 you lose $120 instead of $300. However, if you go 3-0, you would only win $300 compared to $780! The chances of going 3-0 are 7/1, meaning you will only hit one three-team parlay out of every seven you bet.
Here is a look at the Round Robin table showing you how many picks, how many ways you can bet them, and how many different combinations of bets you will have for each.
Picks | Ways | Number of Bets |
---|---|---|
3 | 2 | 3 |
4 | 2 | 6 |
4 | 3 | 4 |
5 | 2 | 10 |
5 | 3 | 10 |
5 | 4 | 5 |
6 | 2 | 15 |
6 | 3 | 20 |
6 | 4 | 15 |
6 | 5 | 6 |
7 | 2 | 21 |
7 | 3 | 35 |
7 | 4 | 35 |
7 | 5 | 21 |
7 | 6 | 7 |
8 | 2 | 28 |
8 | 3 | 56 |
8 | 4 | 70 |
8 | 5 | 56 |
8 | 6 | 28 |
Betting Odds Explained
As you can see, there are so many different combinations you can bet. The problem is that the more teams you have, the more bets you are going to have to place. Say you have eight teams and want to do as many 4-team parlays as you can do with those eight teams. Well, there’s a whopping 70 different combinations of 4-team parlays with eight teams. So, if you’re betting $100 on each parlay, that means you will be betting $7,000.
It’s simply not worth the risk in my opinion. If you go 3-5, you lose all 70 bets for a grand total of $7,000. You would have to go at least 4-4 to get any money back, and even then you’d only hit one 4-team parlay at 10/1 odds, which would bring back $1,000. So, you’d still lose $5,900 by simply going .500. You’d lose 69 bets at $1000 each and win one for $1,000.
What Is 2 Way In Betting
The novice sports bettor sees a chance at a huge payout with these Round Robin parlays. And, if you do bet as many parlays as you can with six teams and go 6-0, then you are going to make a fortune. But how many times have you actually gone 6-0 in a day? The chances of doing so are slim to none, and if you bet too many of these Round Robin parlays, then you’re going to be broke before you ever get the chance to go 6-0.