GUIDES · BETSLIP DOCTOR
How does a two-way moneyline differ from a three-way moneyline?
A two-way moneyline lists two team or side outcomes. A three-way moneyline adds a draw as a separate selection. The difference matters when the result covered by the market is tied: DraftKings says a tie on its two-way moneyline is a push with the wager returned, while its three-way moneyline includes a draw option and does not refund wagers in that case. Those are DraftKings’ stated rules. Read the exact market terms before comparing two listings, because similar team names do not mean the markets have the same outcomes or settlement.
For Bettors comparing moneyline markets that list the same teams but may treat a draw differently. · Updated
Count the outcomes shown in the market
In a two-way moneyline, the listed choices are the two teams or sides. In a three-way moneyline, the draw appears as a third choice alongside them. That third selection is not just another way of naming either team; it is a distinct result.
When comparing two markets, look at the full list of selections and the market name. The same teams can appear in different market types, so the team labels by themselves do not tell you how a tie is handled.
A draw can be a push or a listed result
DraftKings describes a tie or draw on its two-way moneyline as a push, with the wager returned. Its three-way moneyline instead lists the draw as a selectable outcome and says wagers are not refunded when that draw occurs.
This is the rule stated in DraftKings’ article, not a promise about every sportsbook or every moneyline market. Use the exact operator’s rules for the event and market you are reading.
Check the market terms before comparing prices
Confirm whether the draw is listed separately and what result the market covers. If the listed outcomes or terms differ, the markets are not equivalent just because the same teams appear in both. A market label and its settlement terms matter together.
The same tied result, two market formats
Imagine a match is tied at the result time named by the sportsbook. Under the two-way moneyline rules described by DraftKings, that tie is a push. Under its three-way format, draw is a separate selection; a team selection is not the draw selection. This hypothetical only illustrates DraftKings’ published distinction. Check the actual operator’s terms for a specific market.
Related questions
Can a two-way moneyline game still end in a draw?
Yes. A draw can happen even when it is not listed as a third selection. DraftKings says a tie on its two-way moneyline is a push; check the applicable sportsbook rules.
Does a three-way moneyline include a draw selection?
Yes. In DraftKings’ description, the draw is the third outcome. That is distinct from either team selection, and the exact market terms govern settlement.