Also known as line betting, the spread, points betting, or Asian handicap, handicap betting is the process whereby a bookmaker turns a sporting event in which there are varied odds into an even ...
Handicap betting is where the bookmaker applies a points or goal margin (handicap) to the favoured team or player in a contest in order to create more level odds for each outcome. Handicap betting is used prevalently in the UK and European football betting. It is becoming more common in Australia, as bookmakers apply handicaps adapted to Australian online betting markets on sports like AFL and NRL.
Asian handicap 0 /outcome without a draw. The bet eliminates a draw as a possible outcome of the match - in case of a draw, the bettor will receive a refund. If you bet on Team A with a “0” handicap against Team B and Team A wins, you win. If there is a draw in the match, your bet is refunded.
These bets are a lot of fun because they allow you to root for teams that you still think are going to lose. With point spread and handicap bets, the team you’re betting on can lose the game, and you can still win your bet. In contrast, the team you are betting on can win the game, and you can still lose your bet.
Whether you bet on CSGO, Dota 2, LoL, Overwatch or any other game, you’re bound to encounter handicap bets. In general – Handicap (or “spread) betting is essentially a way of making a match, where there is an apparent winner, more interesting. Handicap betting means giving or taking round wins to one of the teams involved before the game even starts, making the odds closer and more fun to wager on.
1.5. 66.7%. A one unit bet on Team A pays 2.3 units if Team A win the match. A one unit bet on Team B pays 1.5 units if Team B wins the match. You may have noticed that the implied probabilities add up to more than 100%. This is due to the bookmaker’s margin, which is explained in more detail below.
Teams that are favored to win will be given negative points (-1, -3, -7). Underdogs will be assigned extra points (+1, +3, +7). To win a spread bet of -3, the team you bet on has to win by more than three points. To win a spread bet of +3, the team you bet on has to win the game or lose by less than three points.
Because sports betting had a social taboo at the time, Snyder was not allowed to mention betting on games specifically. Instead, he would predict the score. Over the years the attitude towards sports betting, and handicapping in general, has changed. Billy Walters was profiled by 60 Minutes because of his handicapping abilities.