The standard definition of handicap in major
dictionaries refers to a handicap as an unfavorable circumstance or factor that
has a negative impact. But the meaning of "handicap" in sports
betting is different.
So, does it have anything to do with the commonly
accepted definition? What is actually a handicap in sports betting? It is a
sports betting system by which a match of a different level can be
matched by subtracting or adding goals to the participants.
There are two types of handicaps: the classic
and the Asian handicap. Both have the same purpose, but they are
structured differently. Let's take a look at both of them below.
The classic handicap is the one that is
executed by subtracting a certain number of points or goals from the favorite
team, and they are added to the weaker one. When betting on the
favorite, the favorite will have to beat the handicap that will be subtracted
from the final result in order to win the bet. On the other hand, if you bet on
the underdog, you will have the advantage of having the handicap added to the
final result.
Now, how do classic handicaps work in betting?
First of all, there is no cumulative effect. In other words, the
handicap is only added to or subtracted from the result of the team you are
betting on.
As for the Asian handicap, it is basically the
same type of handicap, except that you cannot bet on the draw of a
match. In addition, fractions of halves, a quarter or three quarters are
allowed, something that cannot be included in the classic handicaps.
On the other hand, in the Asian handicap, if
the result of the match with the handicap is a draw, the amount of the
bet is returned. And if the match is resolved with a win by a quarter of a
goal, the win or loss is divided by two.
Now that you know what the handicap means in
betting, it is time to go one step further and dive into what is the most
common handicap in our territory: the European handicap.
What does the European handicap mean in betting?
Very simple: it means that an advantage or disadvantage is added to the
contenders, without eliminating the possibility of a draw, and which is
noted by numbers, mainly 1, 2 and 3. Normally, it means that there is a very
unbalanced match and it is decided to use a mechanism to balance it.
The most complicated thing about this type of
handicap is that it takes into account at all times the possibility of a
draw. Normally, what is done is to bet on participants before the draw, which
helps, at the same time, to understand how handicaps work.
If you remember what we said earlier, you will
have noticed that it is the Asian handicap that does not allow for a draw in
betting. That is why it is easier for many people to get started with this
handicap, since it is much more manageable from the start, and much more
intuitive. What this does is to turn this mechanism into a much more manageable
alteration, something that this type of resource suffers in most occasions.
It is easy to understand the dynamics of these
mechanisms, since, ultimately, they only give you two or three options: add,
subtract or opt for a draw. The one that adds is usually called a positive
handicap. In the case of the European, the handicap allows you to add the
indicated advantage to the score of the designated team, as is always the
case.
The opposite is the case of the negative
handicap, which subtracts the value indicated to the team indicated in the bet.
But in the draw, what is done is to keep the bet balanced, which for many
purposes is like performing a much more limited compensation of results.
Although at the beginning it is a little
complicated to know how the handicap works in betting, especially considering
the different types that exist, it is necessary to understand the effects
they can have and what are the basic differences between the European
handicap and the Asian handicap.
The handicap is also a resource widely used in
the field of sports in general, so it is a resource available to all
those users who are fans of rugby, tennis, soccer or basketball.
It is a resource used in the sports betting
sector to balance the competitive balance of the game. It is used when there is
a team or an opponent that is too powerful, which makes it possible to
make the bets more even and to avoid an exodus of participants by leaving clear
winners and losers even before the halfway point of the game is reached.
It is, in other words, a way of allowing all
participants to have an equal chance to win with their bets. If there is
an excessively powerful player or team and the game becomes unbalanced, those
who win will win a lot, but those who lose will lose the entire amount of their
bets. This is exactly what you want to avoid.
Each type of handicap has its own
particularities and
not all of them allow to play with the singularities of the draw. In fact, the
complexity added by this factor makes many choose to start with the Asian
handicap, which does not work with draws, and leave other types such as the
European handicap for later.
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