Definition of Alternative Total 3-Way

What does the term "alternative total 3-way" mean in the world of sports betting? What is meant by the "alternative total 3-way"?

The alternative total 3-way is quite often used for betting on American football, specifically the NFL.

With the alternative total 3-way, you are given the opportunity to bet on an alternative total.

So, if the Arizona Cardinals and Seattle Seahawks are playing, the sportsbook may set the total at 55 points.

Let's say that you believe that the game will be low-scoring.

Well, one of the alternative totals to be on might be 44 points. If you want to bet on the total being lower than that, you would be looking at a significant payoff if you are right.

So, the alternative total 3-way line for the 44 total might look like this:

Over 44 points, -500
Exactly 44 points, +2500
Under 44 points, +333

Las Vegas is usually pretty accurate with their totals, but if you think that you have a good feeling about a game's total and it differs significantly from the Vegas line, you might want to look at the alternative total 3-way.