Three-way betting is a term given to the type of wager where there are three event outcome options to choose from, most commonly seen in soccer and hockey. The three outcome options are:
- Team A to win
- Team B to win
- The game to end in a draw/tie
If the match/game ends in a tie, any wagers on either team to win will lose. As a result, there are no pushes in three-way betting.