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Understanding 1st Quarter 3 Way Betting
Moneyline betting is the simplest form of betting. All you have to do is pick an outright winner, and if your team wins, you win the bet. But what if the game ends in a draw? Or, better yet, what if you don’t have to wait for the game to end, but you only have to guess which team will be ahead at the end of the first quarter? That’s where 1st quarter 3 way betting comes into play.
You may be familiar with the term 3 way moneyline, which indicates that besides the two possible outcomes of a game, there’s a third option – the game to end in a draw. Most professional sports in the US are designed not to end in a draw, but that’s for the final score. However, each quarter can end in a draw – and many US sportsbooks allow for quarter three-way betting.
In this article, we’ll get you acquainted with 1st quarter 3 way betting in basketball as well as other sports, discuss the difference between standard moneylines and this betting type, and talk about which of the two-line betting options is the best.
What Does 1st Quarter 3 Way Moneyline Mean?
The term 1st quarter 3 way moneyline betting can be found in many sports that are broken down into quarters, such as football or basketball. They’re essentially three-way moneyline bets, but you’re not betting on who will be the straight-up winner of the game, but which team will lead after the first quarter.
In fact, you can bet on the result of each period of the game, and some sportsbooks even offer same game parlay odds in which you can bet on who will lead in the first quarter and which team will win the game at the end of the regular time.
However, as the quarter can end in a tie if both teams score the same number of points, most sportsbooks offer betting odds for the three possible outcomes – Team A to win the 1st quarter, Team B to win the 1st quarter, or the quarter to end in a draw.
Consecutively, the odds for a three way moneyline bet are lower when compared to standard moneyline bets.
Difference Between Moneylines and 3 Way Line Betting
The main difference between classic two way moneyline and three way moneyline is that there are three possible outcomes with 3 way line betting: team A to win, team B to win, or the contest to end in a draw. Although three way moneylines are very common in sports such as soccer, they’re not as common in sports that are popular in the US such as football, basketball, or ice hockey.
For example, if an NBA game ends in a draw, it goes into overtime, and one team will eventually win the game. However, in many soccer matches, for example, the game can end in a draw. This is especially the case for regular season games, and the sportsbook will provide odds for the three possible outcomes. So, if Manchester City is playing against Liverpool in a regular season game, the odds might be -160 for Manchester City to win the game, +280 for Liverpool to win the game, and +250 for the game to end in a draw.
1st quarter 3 way betting allows this in sports where a draw isn’t possible, which is why it’s often called 1st quarter winner 3 way no push. This means that the bets won’t be refunded if the 1st quarter ends as a tie, but you have three options to bet on instead of two.
Three-Way Moneyline Betting Examples
Three way moneyline betting is very common in some sports, such as soccer. However, many sportsbooks offer three-way moneyline odds for certain sports that don’t typically end as a draw and play an overtime period if the regular period ends in a tie.
3-Way Moneyline Betting in Basketball
Basketball games typically only receive the traditional moneyline 2-way betting options: For team A or team B to win the match. US sportsbooks usually include overtime in this bet, so if your team wins in overtime, you win the moneyline bet. In some cases, there’s a Push option, which provides the bettor with a refund if the game ends in a tie.
With 3-way betting, however, you can bet on a draw. For example, in an NBA matchup between Miami Heat vs Denver Nuggets, the 1st quarter 3-way no push odds would be +170 for the Heat to win, -240 for the Nuggets to win, and +1500 for both teams to have the exact number of points at the end of the first quarter.
3-Way Moneyline Betting in Hockey
The NHL is one of the most popular leagues in the US, and just like in the NBA, a game cannot end in a tie. If an NHL game is tied after the three periods, it goes into overtime, and whichever team scores a goal first will win the match.
However, considering how often NHL games end in a tie, many sportsbooks offer 3-way no push moneyline odds in hockey. For example, if the Florida Panthers are playing against Vegas Golden Knights, there would be a 60 min moneyline (3 way) option and the odds would be +165 for the Panthers to win, +120 for the Golden Knights to win, and +340 for the game to end in a tie.
3-Way Moneyline Betting in Football
When it comes to football, and specifically the NFL, there are a few key differences that apply to regular season games vs playoff games. Namely, a preseason and regular season game can end in a tie after both teams don’t manage to score during the 10-minute overtime.
However, when it comes to playoff games, the game cannot end in a tie. If both teams have the same amount of points at the end of the regular time, the game proceeds with a 15-minute overtime. If the game ends in a tie again, another 15-minute overtime period begins until there’s a winner.
Although sportsbooks often offer 3-way moneyline odds for regular season NFL games, the chances of a game finishing as a tie are very slim. For example, if the New England Patriots are playing against the Philadelphia Eagles, the odds may be +220 for the Patriots to be the winning team, -190 for the Eagles to win, and +7000 for a draw.
3-Way Moneyline Betting in Soccer
In comparison to other sports, 3-way moneyline betting is very common in soccer games. This is because soccer is a low-scoring game and matches often finish as a draw. If there’s no winner after the 90 minutes of regular time plus the stoppage time has passed, the game is considered a draw, and both teams are awarded 1 point each if it’s a league game.
For knockout competitions such as the Champions League knockout phase, the game may be continued with two overtime periods and a possible penalty shootout, but even if that’s the case, most sportsbooks count only the 90 minutes of regular time for moneyline bets.
So, if Inter is playing against Manchester City, for example, the odds would be -240 for Manchester City to win the game, +600 for Inter Milan to win the game, and +380 for the game to end as a draw.
Which of the Two Line Betting Options is Better?
Deciding whether two-way or three-way betting is better depends on the sport, the league, and the current form of the two teams that participate in the matchup.
Many bettors prefer 1st quarter 3-way no push betting on NBA games because the odds are higher when compared to two-way betting. However, you should take into consideration that there’s the added risk of the quarter finishing as a tie.
In sports such as soccer, 3-way betting is considered a standard moneyline, and depending on the teams that participate in the matchup, the odds for a draw may be very competitive. However, in comparison, 3-way betting on NFL games is rare because the chances of a game ending in a tie are very slim – which is why the odds are often so generous.