In a 3-way bet, you back every result possible (team 1 to win, draw, team 2 to win). Thus a win is guaranteed, but the wagering must be divided according to the situation, to ensure that the win is bigger than the total lost on the other two possibilities. For instance:Manchester City win (4/11) – Wager: $10Draw (9/2) – Wager: $2Manchester United win (8/1) – Wager: $1If Manchester City win, this is what happens:Manchester City win (4/11) – Profit: $3.60Draw (9/2) – Loss: $2Manchester United win (8/1) – Loss: $1In this instance, the overall profit is $0.60, which can then be used on something much more speculative without incurring a loss.