Team A wins...
Team B wins
This form of betting eliminates the option of the Draw, and will likely have inflated odds on the favorite and deflated odds on the underdog to win the match since a draw results in no bet. For example, in a World Cup match between France and Switzerland, odds on the 2-way moneyline would like look:
France 2 odd
Switzerland 4 odd
As you can see, there is no option to bet on the draw, and if the game ends in a draw, the bet is refunded or “No-Actioned”, and is as if the bet was never placed.