3-Way Arbitrage Calculator

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Calculate guaranteed-profit stakes for soccer, hockey, and any three-outcome arbitrage opportunity. Enter the odds from three different sportsbooks and get exact stakes to lock in profit on every outcome.

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What Is 3-Way Arbitrage?

Three-way arbitrage covers markets where there are three possible outcomes: home win, draw, and away win. Soccer match result markets are the most common example. By placing bets on all three outcomes across different sportsbooks — where each book has priced a different outcome more generously — the combined implied probabilities can fall below 100%, creating a guaranteed profit regardless of which team wins or whether the game ends in a draw.

Why 3-Way Arb Is Harder Than 2-Way

Standard 2-way arb requires only two sportsbooks. A 3-way arb requires three different books offering competitive prices on three different outcomes simultaneously. The coordination window is tighter — odds move quickly, and you must place all three bets before any line shifts. Additionally, larger total stakes are spread across three books instead of two, requiring more capital to generate the same dollar profit.

How to Calculate 3-Way Stakes

Convert each outcome's American odds to decimal, then compute the margin formula: sum the inverse of each decimal odd (1/odds1 + 1/odds2 + 1/odds3). If this sum is less than 1.0, an arb exists. The arb percentage is (1 − sum) × 100. To find each bet's stake: multiply your total bankroll by each outcome's implied probability divided by the total margin. PromoGrind's calculator automates this — enter three odds and your total stake to get exact amounts for each book.

The Margin Formula

The margin (also called overround or juice) of a 3-way market is: (1/decimal_odds_home) + (1/decimal_odds_draw) + (1/decimal_odds_away) − 1. A typical sportsbook 3-way market has a margin of 5–8%. When you find a combination where this calculation produces a negative result — meaning the sum is below 1.0 — the difference is your guaranteed ROI on that arb.

Typical ROI on 3-Way Arbs

Most 3-way arb opportunities produce between 0.5% and 2% ROI on total stakes. This is smaller than many 2-way arbs but still risk-free profit. A 1% arb on $3,000 total stakes (split across three books) yields $30 in guaranteed profit. Executed consistently across major soccer leagues — Premier League, La Liga, Serie A, Champions League — the volume of available opportunities can generate meaningful income.

Frequently Asked Questions

What markets have 3-way odds?
Soccer match result (home/draw/away), hockey regulation-time 3-way, and some other sports where a draw is a valid outcome. Soccer is by far the most liquid 3-way arb market globally.
How do I calculate 3-way arbitrage?
Sum the inverse of all three decimal odds. If the total is below 1.0, you have an arb. Divide each outcome's implied probability by the total sum to get its proportional stake. Use PromoGrind's 3-way arb calculator to skip the math and get exact stakes instantly.
Is 3-way arb more profitable than 2-way?
Individual margins tend to be smaller (0.5–2%), but soccer's enormous global betting volume produces frequent opportunities. The complexity of needing three books is the main barrier — not profitability. Total returns are competitive with 2-way arbing when executed at volume.