In Betting What Does Handicap Mean
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- What Does Handicap Means In Soccer Betting
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- What Does Handicap Mean In Betting
Find out the meaning of soccer handicap betting, how it works and the different types of soccer handicap betting markets available at Pinnacle. Continue reading to become a handicap betting expert.
In soccer as is an all competitive
In general – Handicap (or “spread) betting is essentially a way of making a match, where there is an apparent winner, more interesting. Handicap betting means giving or taking round wins to one of the teams involved before the game even starts, making the odds closer and more fun to wager on. In the world of sports betting, a '2-way handicap' is available in sports where there is going to be a winner, such as hockey (overtime and then a shootout), basketball (overtimes until a winner is declared) or tennis (a tennis match can not end in a draw). Find out what handicap means in horse racing. We explain what handicap races are, why the handicap exists and the role of the handicapper. European handicap is basically a 3-way bet, similar to a 1X2 match result bet. That is why it is also found as “Single handicap” or “3-way handicap”. In any match with a significant difference in strength between the two teams, a handicap is placed on the outsider, in order to. A handicap is a system of betting which basically tries to level the playing field in games that appear to be a bit one-sided. It’s a popular type of betting across a variety of sports, from football, rugby and NFL.
Handicap betting explained
Where the perceived difference in abilities is significant the betting odds on the favourite will be so small that it provides minimal returns and therefore little incentive for bettors.
A numerical figure set by the bookmaker to counter the perceived bias in abilities of opponents - this provides more balanced odds.
To counter the perceived bias in abilities, and to provide more balanced and appealing odds, bookmakers offer what is known as handicap betting. In the context of soccer, the Handicap odds level the
The handicap is applied to the actual outcome of the game in order to grade (result) the bet. There are three types of Handicap bets you need to be aware of before betting:
Level Handicap
A level Handicap is where there is no perceived difference in abilities between Team X and Team Y, so no Handicap bias is assigned and both teams start with 0 goals.
To win a bet, the bettor must identify the team which they think will score more goals than their opponent. This type of handicap isn't relevant for one-sided encounters but is useful in that it eliminates the draw; if the game ends in a tie all bets are refunded because on a zero handicap neither team has
Single Handicap
A single Handicap occurs when there is a perceived difference in abilities between Team X and Team Y.
The alleged superior team will be given an appropriate goal handicap to level the playing field for betting purposes i.e. -0.5 goal, -1 goal, -1.5 goals etc.
For example, if you bet on Team X with a handicap of -1 goal, they must win by more than one goal to cover their handicap and win you your bet.
If they only win by one goal, the result with the handicap applied is a draw for betting purposes, so your bet is refunded. If Team Y draw or win, you will lose your bet on Team X.
Split Handicap
A split Handicap occurs when the difference between the two teams’ abilities is small; allowing you to spilt your stake over two handicaps.
A split Handicap occurs when the difference between the two teams’ abilities is small; allowing you to spilt your stake over two handicaps.
For example, Team X might be offered at (0 & -0.5). If you bet on Team X and they lose, you will lose both bets, as they did not cover either handicap.
If the match ends in a draw, half of your stake at (0) will be refunded, and the other half at (-0.5) will lose. If Team X wins
What Does Handicap 2 Mean In Betting
If you’re stuck in the past slavishly following three-way fixed odds betting, the chances are you’re not getting a decent return on your investment, and your betting might benefit from the fresh perspective that soccer handicap betting provides.
Now that you know how handicap betting can be used to increase your profits, don't miss out on our number one most popular article - Staking: One method to improve your betting.
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Handicap betting video explainer
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Asian Handicap video explainer
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What Does Handicap Means In Soccer Betting
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For some betting enthusiasts, simply betting on the winner of a game isn’t enough. They need a type of bet which can take more things into consideration, like recent form, difference in squad value and the size of the win.
For these specific cases, handicap betting has been born. These bets first appeared in Asia, especially in the Hong Kong and Indonesian markets, but quickly grew in popularity in the 21st century.
Nowadays, any brick-and-mortar or online betting site offers many handicap bets (simple, split, Asian) on a multitude of sports, the most popular being basketball, hockey and, of course, football. Handicap bets may seem complicated but are simple to understand. Let’s find out below!
Best betting sites for Handicap betting
In Betting What Does Handicap Means
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Handicap betting explained
Handicap betting takes the form and value of a team in consideration more so than regular betting and can be applied to any sports. Simply put, a team can have a positive or negative “handicap” attached to their name.
Let’s take an example from basketball first: If you look at a betting slip for a game between the Lakers and the Clippers, you have the option of betting on the home side, the away side, or on a draw.
What Does Handicap Mean In Betting
When looking at handicap bets, you might see something like Lakers -4,5, or Clippers +6,5. This only means that the teams start the game (for you bet) with the positive or negative score attached to them. In the case of the first bet, the match no longer starts at 0 – 0 for the Lakers, but at -4,5 – 0.
If they game ends 98-92, your bet is a winner, because the Lakers’ score (98) minus their initial handicap (-4,5) is still greater than the Clippers score (92). If the Lakers won 95-92, your bet would be a loser, because 95-4,5 < 92. Easy to understand, isn’t it?
Handicap betting in football
While handicap bets are available in a wide array of sports, their most common application is found in football betting, due to the large number of events you can place handicap bets on. You can place handicap bets on the final result of the game, on yellow cards, corners, the number of goals scored by each them – the possibilities are almost endless.
Handicap betting is a great way to take advantage of the in-depth knowledge you gain when you analyze a team for long periods of time, like half a season. These bets can also mirror some very common choices, like double chance bets or over/under bets, usually at better odds – because lots of bettors don’t understand how handicap bets work.
Types of Handicap betting
In football, there are three main handicap betting types: simple, split and Asian.
Simple Handicap (or European Handicap) is easiest to understand. It only gives you round numbers to deal with. Let’s take a modern example: Liverpool will play Tottenham in the next round of the Premier League, on 11.02. The basic odds for the game are 2,15 for a home win, 3,40 for a draw and 3,30 for an away win. The European Handicap bets for the same game work in the following way: Each team is given a handicap, either positive or negative.
For example, for a -2 handicap for Liverpool, the odds for the above scenarios are the following: Home win: 8.50, draw 6,00 and away win 1,20. This simply means that Liverpool start the game with -2 goals. If they win with this handicap, you win 8.50 times your initial wager, and the rest are self-explanatory. On the other hand, the odds for Liverpool +1 are 1,34 – 4.75 – 6.50 respectively.
Asian Handicap introduces some different concepts, since the handicaps aren’t always round numbers. Let’s take the same game as an example. We can place a Liverpool -1,5 bet, which means Liverpool start the game with -1,5 goals. If they win by two goals, the bet is won – if they win by one goal, draw or lose the game, the bet is lost – very straightforward until here.
For Asian Handicap, the trickier bets are -1 and -1,25. Liverpool -1, in this case, mean that Liverpool start the game with a -1 goal handicap, but if they win by just one goal, you get your money back. No win, no lose, just a refund.
This is a great way to bet on favourite teams against smaller ones since they tend to win their games with at least a few goals. The main difference between European and Asian handicaps is this one: For European Handicap, a -1 bet means the team has to win by two goals or more. For Asian Handicap, the team can win by a single goal, and you can get your money back.
A -1,25 bet is called a Split Handicap bet, and can be presented in another form as well: -1, -1,5. Essentially, your bet is split into two bets: a -1 bet and a -1,5 bet. If Liverpool wins by a single goal, you get half your money back (the -1 half) and lose the other half (-1,5). These split handicap bets are a great way to reduce risk when going for a big bet, like -2,25 or similar. They are not as widely used by betting enthusiasts, but still, present some interest.
These same rules are applied for other categories as well. For yellow cards, Liverpool -1,5 means that Liverpool have to concede with 2 yellow cards more than Tottenham for your bet to be a winner. -1,5 for goal scored means that Liverpool needs to score at least 2 goals.
Examples
Now that we’ve clarified how handicap betting works let’s take a look at a few real live examples from next weekend’s games. The Premier League gives us a clash between Burnley and Chelsea, one the away team should be winning. The odds for this away win are pretty small – 1,40, but we might be able to take advantage of the game using handicap bets.
A Chelsea -1,5 bet, which has very good chances of succeeding, has odds around 2,10 at most bookies – and the Blues should win this game by two goals. On the other hand, if you think Burnley will play well defensively and not concede a lot, a Burnley +2,25 (split handicap) bet has odds around 1,40 – a good thing to consider since Chelsea might also lack motivation.
Another example comes from Bournemouth – Manchester City. An away win has the same small 1,40 odds, but going City -1 gives odds at around 1,80. If they win by a single goal, you get your money back – which is a good thing, considering that City need to win.
That being said, we hope you now understand European and Asian Handicaps and are ready to use these bets in real market conditions. As always, take good care when analyzing your games, and be inspired!