2 Way Betting Explained
Posted : admin On 4/12/2022For example, if my Place bets are so hefty that the payoff is in green and black chips, I sometimes press the Two-way Hardway $5 each (instead of only $1 each) by tossing in two red chips. Sometimes, I make a second Two-way Hardway bet (e.g., usually a Two-way Hard 4 in addition to the Two-way Hard 10).
- Arbitrage betting is a risk-free approach to betting that guarantees a profit. It involves placing proportional bets on every possible outcome of an event (with different bookmakers) so regardless of what happens, you will make a profit.
- Effectively means putting on two bets; one to win, and one to “place” What is Each Way betting? Usually only offered in racing and ‘outright’ market contexts, an Each Way bet allows the customer to stake money on both their selection winning and finishing in one of the pre-set place positions (second, third etc.). Why bet Each Way?
- 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.
Handicap betting in rugby is nothing new and it will be available for every match in the 2021 Six Nations. However, not everyone knows how handicap betting in rugby works and what different options are available.
Fortunately, rugby handicap betting is very straight forward and using the Six Nations as an example, you will be up and running in no time at all.
Handicap Betting in Rugby Examples
The basic essence of handicap betting in rugby is to make the match a fair contest. So, in the second round of fixtures in the Six Nations, England are hosting Wales at Twickenham. England have won the previous two Six Nations titles and are heavy favourites to win the match with the bookmakers, priced at 1/6 with William Hill.
As this has the makings of a one-sided match in the eyes of the bookmaker, handicap betting provides an opportunity to make the betting more interesting.
England -11 v Wales +11
- Betfred offer Evens for England -11, which means to for the bet to be successful, England must win the match by 12 or more points.
- You can also get Evens on Wales +11 points.
- So if the match finished in favour of England but by less than an 11 point margin, a Wales +11 points would be a winning handicap bet.
Alternative Handicap 2-Way
UK Bookmakers will also offer Alternative Handicap 2-Way rugby betting and this opens numerous possibilities for matches.
Taking the England vs Wales match in the 2018 Six Nations again, you have a wealth options.
If you would like to bet on England and feel they could run up a big score against the Welsh, you could use the -18.5 point handicap, at odds of 7/4.
Notice the use of a half point in this bet.
We all know you cannot score half a point in rugby but the half point is there to remove the draw as an option.
So, it is merely a way to simplify the bet and you will need England to win by 19 points or more for the bet to be successful.
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.
For example, in the England vs Wales 2018 Six Nations match:
2 Way Betting Explained Poker
- England are 4/9 to win with a -6 point handicap.
- Wales are 7/4 to win with a +6 point advantage.
- The draw is 22/1 +6 points.
England are the strong favourites to win the match and that is why Wales are still 7/4 with a 6 point head start. Furthermore, for the draw to be the winning bet, Wales have a 6 point advantage, so if England win the match 26-20, the match would be called a draw for the purposes of the bet.
Extra Time Extra Chance Bet365 Rugby betting Offer
Relevant news
What Is The Best Way To Bet On Greyhounds?
Do you fancy a bet on greyhounds? In this article we will explain the best…
What Is 2 Way In Betting
read more +4-Fold Bet Explained
This article will explain how a 4-Fold bet works and the pros and cons of…
read more +How to Understand Betting odds like 2/4, 7/5, 11/2, 6/4
If you're a newbie to the worldwide of sports wagering, you might be surprised to…
read more +Tyson Fury ranked best heavyweight in world after Anthony Joshua shock defeat… with Gypsy King set
TYSON FURY is the best heavyweight boxer in the world, according to the prestigious Ring…
read more +Cricket Bets & 7 Key Factors to use for your Cricket betting Strategy
In this article we're going to give you a clear overview of cricket betting including…
read more +Betting strategy: How to find value bets
https://www.youtube.com/embed/iCzyV5u_slU In this article we're going to talk about value bets and how to find…
read more +A 3-way bet is a type of bet with three potential outcomes. These outcomes are usually team A win, draw or team B win. A 3-way bet is also commonly referred to as a 1×2 bet (team 1, draw (x), team 2), but I will refer to it as 3-way betting for the rest of this article, which is the more common term here in Canada.
3-way betting is especially popular for games that have the potential to end in draws, such as soccer matches. You will also see 3-way lines available for hockey games as a regulation time bet, and many other sports where draws are possible such as football, boxing, golf head-to-head, etc.
Soccer Example
Here is an example of a 3-way betting line from Bet365.com for a match between Chelsea and Manchester City.
- Chelsea 2.90
- Draw 3.30
- Manchester City 2.37
At Bet365 this bet was listed as “Full Time Result”. In addition to 3-way, 1×2 and full time result, you may also see 3-way bets referred to as “regulation time bet”.
In the above example, there are three possible outcomes in the match and odds associated with each outcome: Chelsea winning, Draw or Manchester City winning.
A 3-way bet is the exact same as a typical money line bet in terms of the odds and associated payout. The only difference is that there are three potential outcomes instead of two.
Hockey Example
This wouldn’t be much of a how to guide for Canadians if we didn’t include a hockey example of a 3-way bet.
I will often bet the 3-way line in hockey rather than the money line in order to get a larger payout when I’m confident in a team winning in regulation.
Here’s an example from the battle of Alberta:
As you can see the bet is labeled as “regulation time” at Sports Interaction. This means that the bet does not include overtime, which allows it to have three possible outcomes: Calgary winning, a tie or Edmonton winning.
In this example, Edmonton is the favourite to win the game, and they are still under a 2/1 favourite to win in overtime. To give you an idea of the difference in return you can win by betting the regulation line instead of the money line, in this example Edmonton’s odds to win the game straight up (including overtime) are 1.56. So if you like Edmonton, including a win in overtime will get you a $56 win on a $100 bet, while wagering on them to get the job done in regulation would win you $91 on a $100 bet. As you can see if you like a team to win the game before the coin flip that is OT and a shootout, then the regulation line can provide value.