Among all types of bets the most popular is asian handicap betting which is a subtype of a handicap bet, and it has gained such popularity that has deserved its own name and separate, thorough investigation.
In general understanding, handicap bet serves for equalizing chances and adding fuel to the fire in such sport events where the outcome is predetermined –the favourite and the underdog are quite clear. And now let us clear out the question – what the asian handicap is?
To make it clear – asian handicap is a set of two simple handicap bets.
Having even little understanding about the asian handicap you can practice it. There are a lot of Internet resources that will simplify the bettor’s life. You can use ready-to-use charts of Asian handicaps or you can try to calculate them yourself. Among pleasant advantages of Asian handicap we should mention rather low profit margin for bookmaker as opposed to more traditional bet types.
This type of bet can be presented by different variations: asian handicap 1 (rather standard bet), asian handicap 5.5 (could be only in case of huge overbalance for one competitor) and even asian handicap 0. The last type means that in case of draw the bet would be returned, in case of win – the bet will win and in case of loss – the bet is considered to be lost as in common bet types. It may seem that this bet does not differ from total bet, but it is not true. In this case you are insured against the draw match result. Such bet should be made if you believe that your team will win, but you are not sure that the score lead would be big.
Also one more important advantage would be the practicing of asian handicap for matches for which you know for sure that your favourite will win and more than that you predict lopsided score. In this case you will have the possibility to earn good money in case your prediction would come true. For example, in football a lot of bettors wager on score 5:0, 7:0 etc for dead rubbers. So, it can be the last match in series between teams. One of them has already gone through and the other one for sure “goes home”. Moreover, the difference in game character of teams is noticeable with the unaided eye. Under that logic, it would be the lopsided score, wouldn’t it? In reality very often the favorite runs even the second team on the field and the win could be not as great as it might appear at the first sight. You should bear in mind these nuances as their combination could change radically your match interpretation and your bet on this match.
The fresh bettor may consider the asian handicap to be rather complicated, but if you took some time, everything becomes clear. Very soon you will add the asian handicap to your bettor’s tools and it will become just wonderful and important bet.
We will work with asian handicap on the example of a football match of the championship of Spain Valencia – Real Madrid where bookmakers offered initial odds:
5.00 (Valencia to win) – 4.33 (draw) – 1.57 (Real to win)
The majority of football experts considered that Real will win with 1-2 scored goals’ advantage. If we agree with such prediction and want to bet on this match taking into account an asian handicap, then we use handicap2 (-1) and we get coefficient 2.22 on Real Madrid to win.
Thus, our bet will win with coefficient 2.22 if Real wins with ≥2 goal difference.
In case Real wins with that difference that we have specified in our handicap (in our example it is (-1)) – that is an outcome 0:1, 1:2 or others with minimum advantage, then our bet will be calculated with coefficient 1 and we will get back the whole sum without any loss.
At the same time, it is necessary to understand that if you want to earn good money on asian handicap, it is necessary to bet a large sum of money which will allow to get profit from small coefficient with the minimum risk.
There is one variant with a risky bet when it is possible to strengthen an advantage of the underdog. In this case it is necessary to choose matches between competitive opponents where the outcome can be sensational or a draw is possible. Then, having strengthened the underdog with additional (+1) handicap you can earn on a draw which, thanks to our handicap (+1) will turn into the underdog's victory.
In case when forces of both opponents are approximately equal for a definite sports event, for example, in a football match between Verona and Parma where bookmaker offer such odds:
2.40 (Verona to win) – 3.25 (draw) – 3.10 (Parma to win)
In this situation opponents are approximately in equal situation with a small advantage of the hosts.
The bet with an asian handicap (0) on the team of hosts offers coefficient 1.68 to the bettor. If Verona wins the bettor will receive his profit and in case of a draw he will return the sum of his bet. This system is very useful to bettors as it allows making safe bets in case you think twice.
Asian handicaps can be of absolutely various values – 0; 0.25; 0.50; 1.0; 1.5 etc. – all these figures indicate advantage which one side of the sports event receives and exclude a draw.
A lot of professional bettors use asian handicap betting and thanks to it they earn quite good sums of money.