Handicap betting is one of the most common practices in points-based sports. There is a range of sports that are points-based such as basketball, football, tennis, and rugby. In these sports, the handicap betting practice is widely used. But, people also make use of this practice in racing events as well, such as horse racing.
What is handicap betting?
Handicap Betting is also known as line betting, points betting,m the spread, or Asian handicap. In this process of betting, the bookmaker usually tus an event where there are carried odds. These odds are put into an even money contest. This contest comes with a virtual advantage or disadvantage. These advantages or disadvantages are likely to affect certain competitions so that the field becomes even.
To make the money contest even in point-based sports, the points are added onto the side deemed to be the underdog.
Let’s take a look at an example.
If Arsenal FC were the favorites that are going to beat Liverpool FC, the bookmaker might give Liverpool FC a 2-0 handicap advantage.
At the point when you place a handicap bet on Arsenal to win, they will win the game 1-0 and you are likely to lose the bet as the handicap bet has been applied on this. Arsenal lost the game in the eyes of the bookmaker by 2-1 effectively.
In this type of betting, the handicap only applies to the selection you bet on. You have to keep that in mind. Just like that, in case you place a handicap bet on France vs Germany and the bookmaker sets the handicap at 3-0, your bet on France would still pay out even if Germany wins the game 2-0. It is because France would have won by 3-2 in the eyes of the bookmaker.