If you’ve perused the markets for either an NRL or AFL match recently, you may have noticed one labelled “Tri Bet.”
If this has piqued your interest but you are unsure exactly what is a Tri Bet, then this is the guide for you!
Keep reading to find out exactly what is a Tri Bet and how to place one. You can also view an example of both an AFL and NRL Tri Bet.
Bet smarter not harder here at the Huddle with our What is a Tri Bet Punter IQ guide.
What Does Tri Bet Mean?
A Tri Bet is a form of margin or line betting. A Tri Bet essentially splits the outcome of a line bet into three outcomes instead of two.
The biggest distinction between a Tri Bet and other forms of margin betting is that one of the three outcomes allows you to pick either side to win the match by a preset margin.
That means when placing a Tri Bet you have three options. Team A by the allotted margin, Team B by the same margin or either team by another preset margin.
There are now multiple different Tri Bet margins available across both NRL and AFL matches. This allows you to pick different margins for your Tri Bets based on how evenly matched you feel the two teams are.
As mentioned, Tri Bets are most popular across both AFL and NRL, so let’s take an example of a Tri Bet for each code, shall we?
NRL Tri Bet
For this example of a Rugby League or NRL Tri Bet let’s look at a match between the Melbourne Storm and the Brisbane Broncos.
NRL Tri Bet Example
The standard Tri Bet for this game has the following three outcomes:
- Melbourne Storm -6.5
- Either team by 6 or less.
- Brisbane Broncos -6.5
The odds for each of these outcomes differ based on how likely they are deemed to happen. In this example Melbourne -6.5 is at the shortest price, while Brisbane -6.5 is at the longest odds and either team by 6 or less is somewhere in the middle.
As previously mentioned, there are additional Tri Bet margins to choose from, such as: -2.5, -4.5, -8.5, -10.5, -12.5, simply choose the one you want.
If you want to learn more about Betting on the NRL then read our NRL Betting Guide.
AFL Tri Bet
Now let's take a look at an AFL Tri Bet. Let’s take a match between the Adelaide Crows and the Melbourne Demons for this example.
AFL Tri Bet Example
- Adelaide Crows -15.5
- Either team by 15 or less
- Melbourne -15.5
As you can see the margins in an AFL Tri Bet differ to those in an NRL due to the higher scoring nature of the game.
This also means that the additional Tri Bet margins for AFL are different to the NRL. Here are some of them: -19.5, -24.5, -39.5.
If you want to learn more about Punting on the AFL then read our AFL Betting Guide.
NBL & NBA Tri Bet
But what about an NBL or NBA Tri Bet? Well Basketball Tri Bets work similar to the other sports but once again differ due to the finer details of this sport. Let’s take a look at a Golden State Warriors v Milwaukee Bucks matchup example.
NBA Tri Bet Example
- Milwaukee Bucks -7.5
- Either team by 7 or less
- Golden State Warriors -7.5
Due to wide ranging scores found across NBA and basketball as a whole these margins can change dramatically for each game. If you want to learn more about NBA wagers then read our How To Bet on NBA Games guide.
How to Place a Tri Bet
Step 1: Choose the NRL or AFL match you wish to place a Tri Bet on.
Step 2: Decide on which Tri Bet margin you want to wager on for that game.
Step 3: Select which of the three outcomes of the Tri Bet you wish to wager on.
Step 4: Choose your stake and confirm your bet.
Learn More Punter IQ Slang and Tricks With The Huddle
Ready to take your punting knowledge to the next level? Now that you’ve wrapped your head around the mechanics of the Tri-Bet, it’s time to explore the rest of the playbook. Whether you’re looking to master more exotic markets or just want to sharpen your strategy across different sports, our comprehensive library of guides has everything you need.
Dive into our other Punter IQ articles to stay ahead of the game:
What is a Same Game Multi?: Learn how to bundle your best bets from a single match into one wager.
Handicap & Line Betting Explained: Understand how the points spread works and how it levels the playing field.
A Guide to Futures Betting: Find out how to back your season-long predictions well before the final whistle blows.
Keep it locked to the Huddle’s Punter IQ series to break down the lingo and understand the mechanics behind every market.