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Asian Handicaps Explained
The most common way to bet on football in the UK is with a 3-way bet (sometimes called a 1X2). The three options are home win, draw and away win. Determining whether you win a bet is straightforward. If you bet on a home win and the home team wins, you win, otherwise you lose. The same goes for a draw and away win.
The aim of Asian Handicap betting is to reduce the betting result from 3 to 2. This is achieved by giving the side a start. The numbers can seem a little daunting at first, but once you understand a few common pitfalls, the rest is easy.
The easiest handicap to present is the +0.5 handicap. This is given when a team is a clear favourite. So if a home win is expected, the away team can be given a half-goal head start. If you bet on the away side, the result of your bet is as follows:
Winning bet – Home loss
Draw – Win bet
Out win – winning bet
Another easy handicap to understand is the +0 handicap. No team is favored here, so neither side is given a head start. If you bet on the away side, the betting results are as follows:
Winning bet – Home loss
Draw – Draw bet*
Out win – winning bet
*The draw bet is where your stake is refunded.
The final direct handicap is the +1 handicap. This is where one team is a very strong favorite. A half-goal handicap is not enough, so the weaker side is given a full head start. So if an away team is given a +1 handicap, and you bet on the away team, the results are as follows:
Home win by 2 or more goals – Bet lost
Home win by one goal – Draw bet.
Draw – Win bet
Out win – winning bet
If you bet on the home team (which would have a -1 handicap), the result is as follows:
Home win by 2 or more goals – Winning bet
Home win by one goal – Draw bet.
Draw – lose bet
Bet profit-loss away
These defects can add together to form other defects. So if there was a banker-type favourite, the handicap could be +1.5. Here the favorite must win with 2 clear goals or the team loses the handicap bet.
Do not confuse these with 1X2 (or European) Handicaps. A -1 1X2 handicap is equivalent to an Asian handicap of -1.5. A +1 1X2 handicap is equivalent to a +0.5 Asian handicap.
The handicaps people struggle with the most are the 0.25 and 0.75 handicaps. How does a quarter ball handicap differ from a half ball handicap? Surely if you bet on a team with a quarter ball plus handicap and the match ends in a draw, you should win your bet the same as with a half ball handicap. This is actually not far from what happens.
When you put these quarter handicaps on them, you are actually placing 2 separate bets. So a quarter ball handicap consists of a 0 handicap bet and a +0.5 handicap bet. Your amount is simply split in half and placed on each bet separately.
So if you placed a bet on a team with a handicap plus a quarter and the match ended in a draw, you would win half. Your +0 handicap bet would have drawn and you would have returned your stake, while your +0.5 bet would have won so you win. You generally win, but you don’t win as much as if the handicap was +0.5. If you bet on a team with a handicap of -0.25 and the match was a draw, you will lose half of your stake.
The 0.75 handicap simply consists of the +0.5 handicap and the +1 handicap. So if you bet on a team with a -0.75 handicap and they won by exactly one goal, you will only win half. A 1.25 handicap consists of a +1 handicap and a +1.5 handicap.
Why bother with these Asian handicaps if we already have three-way betting? The answer lies in the difference between the books. With three results, the promoter can set a higher price difference. Even bargaining for the best three-way odds, the book value is still around 106% for a typical match. With the Asian handicaps and the two results, the betting spread is much smaller. By doing a little shopping, it is possible to reduce the betting margin to zero on most football matches.
Betting recommendations for Asian handicaps are Bet365, Premierbet, Sportingbet, Ladbrokes, Gamebookers and Victor Chandler. Betfair does Asian Handicaps, but after commission the odds are generally worse there.
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