This is another bet usually strictly for soccer and not used in American Football.
When you bet the money line on any soccer game, there can be three outcomes, also known as 1 x 2. The home team wins (1), the away team wins (2), or the match can end in a draw (x).
Even though the NFL technically has ties, you will not find these odds on a standard moneyline wager, hence the NFL doesn't have a three-way handicap.
In regular season contests, such as the English Premier League, all matches are determined in the standard 90 minutes of play, plus any time added on for injuries and substitutions.
If you think the home team will win the match outright, then you would bet on (1). If you think the away team will win the game, then you would bet on (2). If you think the game will end in a draw (the two teams will have the same score when the final whistle is blown.), then you would bet the (x) for that outcome.
An example from the EPL is a recent match when Chelsea traveled to take on Everton. The three-way betting line looked like this:
- Everton +140 (1)
- Draw +225 (x)
- Chelsea -105 (2)
Everton won the match 2-0, so if you bet on the 1 for $100, you get $240 back.