3-Way Handicap betting is one of the wagering options in sports betting, particularly in soccer. Although this type of bet is not as common as many others, it offers an interesting gameplay and promises to provide an excellent experience. So, what exactly is 3-Way Handicap betting? Let's explore it further in this article with Wintips!

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Introduction to 3-Way Handicap Betting
3-Way Handicap betting, also known as 3-Way Handicap or 3-Way Spread, is a type of bet offered by bookmakers based on the Asian Handicap combined with the 1x2 betting market.
In 3-Way Handicap betting, bettors have three options similar to the 1x2 market: Home Team Win, Away Team Win, and Draw.
The main difference between 3-Way Handicap and Asian Handicap lies in the odds. Asian Handicap offers fractional odds like -1/4, -1/2, -1, while 3-Way Handicap only uses rounded odds like -1, -2, -3, and so on. There are two main types of 3-Way Handicap betting: 3-Way Handicap Half Time and 3-Way Handicap Full Time. The outcome of the bet depends on the corresponding result after 45 minutes or the entire match.

How to Play 3-Way Handicap Betting
Understanding the gameplay is the first requirement to participate in this type of betting. Here are some key points to remember regarding how to play 3-Way Handicap betting:
Betting Options in 3-Way Handicap Betting
Many online bookmakers usually offer three betting options for 3-Way Handicap betting. They are as follows:
Home Team: Betting on the home team to win the match.
Away Team: Betting on the away team to win the match.
Draw: The bettor wins if both teams end the match in a draw.
Through these betting options, you can see that the betting format of 3-Way Handicap is quite similar to the 1x2 market. However, these two types of bets are fundamentally different.
This is evident in the fact that each betting option corresponds to a handicap for either the home team or the away team, along with the respective odds attached to each option.

When to Play 3-Way Handicap Betting
In 3-Way Handicap betting, bettors will place bets on three options, with the handicap favoring the weaker team by a certain number of goals. As a result, the winnings in this type of bet tend to be higher compared to many other types of bets. Additionally, the likelihood of a draw in 3-Way Handicap betting is relatively high.
When participating in 3-Way Handicap betting, bettors can place bets either for the half-time period or for the full match.
Some major bookmakers also offer live 3-Way Handicap betting, which means bettors can place bets throughout the course of the match.
This aspect is particularly attractive to a large number of betting enthusiasts who engage in this type of wager.

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Guide to analyzing 3-Way Handicap Betting
In general, 3-Way Handicap betting has a relatively simple and uncomplicated gameplay compared to Asian Handicap betting. Here are some specific examples to help you better understand how to bet on 3-Way Handicap:
Example: When a player wants to participate in a 3-Way Handicap bet in the EURO 2021 Round of 16 match between Italy and Austria.
In this match, the bookmaker designates Italy as the favorite team and Austria as the underdog team.
The odds table provided by the bookmaker will include the following options for 3-Way Handicap betting:
Home team handicap (-1): This indicates that Italy is giving a 1-goal handicap to Austria. If a bettor chooses this option, the following scenarios can occur at the end of the match:
Italy wins with a goal difference of 2 or more: The bettor wins the bet.
Italy wins by a one-goal margin: The bet is a draw, and the bettor will receive a refund of the wagered amount.
Italy loses to Austria: The bettor loses the bet.
Underdog team handicap (+1): If Austria is given a 1-goal handicap against Italy.
If a bettor chooses this option, the following scenarios can occur at the end of the match:
Austria wins against Italy: The bettor wins the bet.
Austria loses to Italy by a one-goal margin: The bettor draws the bet and gets the wagered amount refunded.
Austria loses to Italy by two or more goals: The bettor loses the bet.
Draw (+1): The bettor predicts a draw between the two teams, but with a 1-goal handicap favoring Austria.
If a bettor chooses this option, the following scenarios can occur at the end of the match:
Austria loses to Italy by one goal: The bettor wins the bet.
Austria draws with Italy, or Austria wins or loses to Italy by two or more goals: The bettor loses the bet.
Some notes when playing 3-Way Handicap betting:
Regardless of the type of bet you engage in, if you want to win, it's important to grasp the insights and experiences of previous players. The same applies to 3-Way Handicap betting. Here are some key points to keep in mind:
Only place a 3-Way Handicap bet when you have thoroughly researched the information about both teams and their current form. If there is a significant difference between the two teams, your chances of winning the 3-Way Handicap bet will be higher.
Pay attention to the payout rates offered by the bookmakers for 3-Way Handicap betting.
Choose suitable matches. It's advisable to select matches where there is a clear power balance between the two teams. The ideal bet is one with relatively high odds, so even if you wager a small amount, you can still make a decent profit.
Don't focus solely on 3-Way Handicap betting; explore and engage in different types of bets as well. For this particular betting option, it's recommended to mix and match all three options instead of sticking to just one. This type of bet is relatively easy to play, and with a little attention, you can definitely secure a win.

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Conclusion:
In this article, we have shared relevant knowledge about 3-Way Handicap betting, including the gameplay, guide to analyzing the odds, steps to participate in 3-Way Handicap betting, and some important considerations when engaging in this type of betting. We hope this information is useful for betting enthusiasts, helping them relax and achieve victory in this betting option.