A 3-way bet is a bet on an event that has three possible outcomes: Team A wins, Team B wins, or a draw. The odds on a 3-way bet will always be higher than odds on a similar two-way bet considering there is an additional outcome. Therefore, when one places a 3-way bet there is only one way to win and two ways to lose.
Betting on jai-alai in the US and Canada may be executed through BetRivers (Rush Street Interactive) or Draftkings Sportsbook.