Understanding Handicap in Sports Betting: A Beginner’s Guide
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Sports betting can add a really exciting layer to your favorite games, but for a lot of beginners, it’s also an overwhelming process-as with deciphering all the various verbiages used in betting, especially the word “handicap.” A handicap is one of the most favorite types of bets, taken in a way to level the odds in a matchup between two teams that have unequal conditions or disadvantages. Whether you’re new to sports betting or simply looking to learn more, the following guide will help you understand so much the ins and outs of how a handicap works.
Here, we will go over what handicap betting is, the different types of handicaps, and how you can use those to your advantage, especially in online sports betting Malaysia. By the end of the guide, you will be able to understand perfectly well how to interpret a handicap and then bet on one such that your overall sports betting experience is even more fun.
What is Handicap in Sports Betting?
Handicap betting, or what many parts of the world more commonly refer to as “spread betting,” works on a system employed by the bookmaker for evening out the chances between a firm favorite and a perceived weaker underdog. The concept behind handicapping is quite straightforward: it involves giving one side, usually the favorite, a points handicap while giving the opposing side, typically the underdog, an advantage.
For instance, in a football match where one team, say Team A, is far stronger compared to Team B, the bookmaker may give Team A a handicap of -1 goal and Team B +1 goal. This means any bet involving Team A to be successful must win by more than a goal. While team B is either going to win the game or lose the game with less than one goal, you are also going to win that above bet.
Handicap betting is generally used across various sports, but sports such as football, basketball, and tennis will have apparent favorites and underdogs where this type of betting is applied very widely.
History of Handicaps in Sport Betting
Two of the basic varieties that you will encounter, when betting on handicaps, are the Asian and the European Handicap. Each of these has its own rules and applications, so to know the difference between these two can be the difference that decides when it comes to making smart decisions with your bets.
Asian Handicap
The Asian Handicap is one of the most popular bet types in regard to football, and its usage is especially overwhelming among Asian and European punters. This system of betting removes the odds of a draw by making the outcomes more specific for a punter. Main characteristics of Asian Handicap are half and quarter-goal counts that minimize the chance of “push.”
This will make more sense below, so take this for a quick explanation: in a Manchester United versus Burnley match, for example, if Manchester United is given a -0.5 goal handicap, they have to win the match for your bet to pull through. This means that you could place a bet for Burnley with a goal handicap of +0.5, and that would mean your bet wins as long as Burnley wins or draws the match.
European Handicap
The European Handicap allows for a draw as an outcome. In a European Handicap, the spread is in whole numbers. If, once the handicap has been applied, the match is a draw, then a draw bet wins.
For instance, in a basketball match, Team A is favored to win by 10 points; in European Handicap terms, the bet would be offered as follows:
- Team A (-10)
- Draw (-10)
- Team B (+10)
In this case, a bet on Team A would require them to win by more than 10 points for the bet to pay off, while a bet on Team B receives a payout if they lose by less than 10 points or win the game outright.
How to Read Handicap Odds
For a bet on handicaps, one does need to know how the odds may be read. Understanding of handicap odds may bring much difference in betting strategy and finally in winnings.
Handicap odds may be represented in a few different ways including fractional, decimal, and American odds. Let’s see each:
- Fractional Odds: Sets the amount that you will win in relation to your stake. This means that if you were to bet $10 at 3/1, you would receive $30.
- Decimal Odds: Includes your stake and is represented by the total payout. That means a $10 bet at 4.00 would return $40, which includes your original stake.
- American Odds: These are represented through plus and minus numbers, such as +300 or -150. The positive number represents the amount one wins with a $100 bet, while the negative one represents the amount one needs to stake in order to win $100.
Handicap odds have a tendency to be set based on perceived relative strength between teams in any match and also a chance of the handicap outcome occurring. Learning how to read these odds will allow you to make better and calculated decisions to ensure maximum return potential.
Sports Where Handicaps Are Common
Handicaps feature in most sports, with football and basketball probably the most commonplace. The following is a brief overview of a number of the most popular sports where handicaps come into play: Football or Soccer In football, the odds of unevenly matched teams are usually evened out with handicaps. This is particularly the case in league matches and international tournaments when, in many matches, there’s a clear favorite.
- Basketball: The point spread, also referred to as the handicap, is applied in this sport to consider the teams’ differences in skill levels. It is considered one of the most popular forms of bets that are taken on this sport.
- Tennis: When betting on the handicap in tennis, one could either be referring to games or sets. For example, for a handicap bet to pay, a player has to win by say two sets.
- Rugby: Similar to football, handicaps in rugby are ways by which uneven teams are made more even.
Beginner’s Tips for Betting on Handicaps
If you are new to handicap betting, here are a few tips you can follow to help you get started and hopefully be successful with:
Start with Small Stakes
As with any new strategy in betting, it is always better to make small starts. Smaller bets allow you to get a hold of how to go about betting on handicaps without risking too much money. Once you feel wiser and more comfortable, then you can increase your stakes over time.
Understand the Teams
First things first: do your homework before placing a handicap bet. Check out the current form of both teams, their head-to-head history, and any injuries or suspensions. The more you know about the teams, the better you’ll be able to assess how the handicap might affect the outcome.
Use Handicap Betting for Close Matches
Handicap betting is most useful either when two teams are closely matched, or when you feel that the underdog is an underdog that has a higher chance than the odds show. In this case, the handicap may give you better value than betting on a simple win/loss outcome.
Betting Market Movements to Watch
Pay attention to how the handicap lines move as the match approaches. More often, bookmakers will adjust the handicap in which direction the money is predominantly being placed. If you see the line moving in your favor then now could be a good time to place your bet.
Stick to What You Know
Handicap betting can be applied to many sports. However, for a beginner, it is wise to eventually stick with the sports you know. This will give you a better understanding and insight into how the handicaps work and thus provide a better opportunity at making more informed bets.
By following these tips, you’ll be able to approach handicap betting with more confidence, and avoid some of the common mistakes beginners make.
Why Use Handicaps in Sports Betting?
Various are the advantages of handicap betting, especially to those seeking to squeeze more value out of their bets. The advantages include the following: Better Value on Favorites When one is betting on a very strong favorite, the odds tend to be quite low, and the reward may not be as exciting compared to the risk. Because of this fact, you can improve the odds on that favorite with a handicap, offering the possibility of a higher return.
More Competitive Odds
Handicaps allow the bookmaker to offer apparently more even chances on a contest between two teams, thus making the bet more attractive to more customers. This is particularly helpful in sports where there are teams that have varying abilities, as with football.
Leveling the Playing Field
In cases where one team is well ahead of another, handicaps even out the playing field so that the underdog may have a more decent fighting chance. This further makes it interesting and opens up many options for those placing bets.
More Betting Options
These also open a wide avenue of betting options other than the simple prediction of who wins. You can also bet on different handicap lines, over/under of goals or points, and even alternative handicaps offering greater possibilities of winning.
Handicap betting is one of the best ways you can add more variety and excitement to your sports betting strategy. Handicaps allow you to level up the odds and make the payouts more competitive to maximize your betting potential.
Conclusion
Handicap betting is an extremely powerful tool that can enable you to get better value on your sports bets, especially when there’s a clear favorite and an underdog. Once you understand how handicaps work and how to read the odds, you will approach any situation in which you do bet with a much better idea of what you should do.
With this guide, we covered a brief of handicap betting, different types of handicaps, and how one goes about reading handicap odds. A handicap is definitely a way to make your bet on football, basketball, or tennis exciting and profitable.
Do your homework, keep it small, and use the tips we’ve discussed here to help improve your gambling experience. When you have a good grasp of handicap betting, you are on track to be able to place informed and tactical bets on OCS8.
Frequently Asked Questions
- What is Handicap Betting in Sports?
A handicap bet is a way in which a team is given a positive or negative start to balance the chances of two unevenly matched teams.
- What is the difference between Asian and European Handicap?
The Asian Handicap eliminates the draw option and uses half and quarter-goal steps whereas the European Handicap offers draw as an outcome, too and uses whole numbers.
- Can I place a handicap bet on any sport?
Yes, handicaps are most traditionally applied to football, basketball, tennis, and rugby but they can be applied to many other sports, too.
- How do I read handicap odds?
Handicap odds are shown in fractional, decimal, or American format and indicate the potential payout in terms of the outcome of the game once the handicap is applied.
- Is handicap betting suitable for beginners?
Yes, this type of bet works great for starters, especially with low-stakes bets for sports you know well.
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