Asian Handicap is the kind of betting designed to take away the betting advantage of the favorite in a sporting event. Asian handicap usually allows the punter to save his/her money in case the match ends in a draw. This results in giving a slight advantage to the underdogs, as people do not hesitate in wagering bets on them. Asian betting is readily adopted by bookmakers (choose bookies at www.betbubbles.com ) to either reduce their losses or increase profit margins.
Asian handicap for Bookmakers
It is really hard to understand how bookmakers set odds for any sporting event. However, it is obvious that they consider factors like:
- The current form of the teams as well as their individual players.
- Comparison of their weaknesses and strengths.
- Their records in home and away matches.
- Internal affairs of the relevant teams.
- How they react in a pressure situation.
- Injury of key players within a team.
Once the odds are decided, it would be suicidal for bookmakers to keep these odds constant. They can only earn if people bet the same amount of money on both sides. To achieve this, bookmakers use the Asian handicap strategy. This strategy allows them to change the odds according to the bets being placed. When the bet money starts coming more towards a particular team, bookmakers start offering handicaps to entice punters to bet on the other side.
Types of Asian Handicaps
0:0 Handicap: This term implies that there is going to be a very even competition between the two teams. 0:0 is the most basic kind of Asian handicap betting. Bookmakers usually do not have to change any odds to enforce this kind of handicap.
¼ Handicap: This is also known as ‘half betting’ in many parts of the world. In this kind of bet, your wager is divided in two parts. Half of our wager will be considered as the normal bet. The other will be wagered at ¼ handicap. For instance, if you wagered $20 on Manchester United vs. Liverpool match which ended in a draw, you should understand that your bet was already split in two parts. $10 of your bet was wagered on level handicap, whereas the other half was spent on ½ handicap. This way, even when you have lost the bet, you will be able to get ½ handicap money back which means that you only lost $10 in the bet.
¾ Handicap: This kind of betting is also known as ‘half ball one ball’. In this kind of betting, half of your bet wagers the ‘1 handicap’ rule and the other half according to ½ handicap. For instance, if Liverpool beats Manchester United by one goal, you will win the ‘1 handicap’ split. On the other hand, you will neither win nor lose the ‘1/2 handicap’ split. So, if you have put a wager of $20. You will get $30 back.
1 handicap: In this kind of betting, the punter can only win if his/her team wins the game. The punter loses money even if his/her team draws the match.
