Handicap betting is not only popular with American football, but also basketball, baseball, rugby, ice hockey and even football where it is most commonly referred to as Asian handicap betting.
What Is Asian Handicap Betting?
What is an Asian Handicap bet?
Asian Handicap is a form of football spread betting originating in Indonesia that has become increasingly popular in Europe over recent years due to its flexible and dynamic nature.
Why have Asian Handicaps become so popular? Asian Handicaps create an intriguing betting option in matches that may otherwise seem an expected conclusion. For example, a Premier League title contender is playing a lowly relegation battler. The 1X2 odds suggest an easy win for the title contenders. The Asian Handicap market however attempts to create a 50-50 contest by handicapping each club based on form and perceived ability. Sure, the relegation battlers will more than likely lose the match. But will they lose the match by 2 goals or more?
Another reason Asian Handicaps have become so popular is due to their ability to provide consistent returns. For example, if you’re a punter who has an eye for value in betting long odds underdogs, you may go weeks without finding a winner, even if you are identifying true value in those underdogs. Asian Handicap betting allows punters to find value in long odds underdogs while enjoying consistent returns.
Asian Handicaps, also provide in-play football traders the ability to build strong pre-match positions from which to trade from for both 1X2 markets as well as goal totals. It’s this dynamic nature of Asian Handicap betting that has truly made it the popular betting market it is today.
Asian Handicap Betting Explained
So what exactly is an Asian Handicap? As briefly mentioned in the previous paragraph, an Asian Handicap attempts to create 50-50 proposition by giving a goals handicap to each of the competing teams. It is typically displayed like this:
- Manchester City -1.5
- Sunderland +1.5
In this example, Manchester City have been given a goals handicap of -1.5, while their opponents Sunderland have been given a handicap of +1.5 goals.
What does this mean?
If you were to bet on Manchester City in this market, they would have to win the game by over 1.5 goals for you to win this bet, or in other words, they would have to win by at least 2 goals. On the other hand, if you bet on Sunderland at +1.5, they can either win the match outright or lose by under 1.5 goals, or in other words, win the match outright or lose by no more than 1 goal.
In this example, for the purposes of Asian Handicap betting, Manchester City is being deducted 1.5 goals from their final goal total, while Sunderland are being given 1.5 goals. If the full time score were to be Manchester City 2 Sunderland 1, and you bet on Manchester City -1.5, you simply deduct 1.5 goals from the Manchester City’s scoreline. The score then reads, Manchester City 0.5, Sunderland 1. Unfortunately, in this example, even though Manchester City won the match, you lost your Asian Handicap bet as they failed to “win” after having the 1.5 goal handicap deducted from their fulltime score.
What Is A Quarter Asian Handicap?
So far Asian Handicaps seem simple enough. But what creates confusion among some is the notion of quarter-handicaps.
What is a quarter Asian Handicap?
A quarter handicap, also known as a ‘split’ handicap is when two handicaps are combined to create a single handicap. Let’s look at an example:
- Chelsea -1.25
- Everton +1.25
In this example, Chelsea are a -1.25 goal favourite, while Everton are the +1.25 goal underdogs. So what does this mean?
Let’s say you like Chelsea to not only win this match, but to win easily and you want to bet £100 on them at the -1.25 goal handicap.
When you place your £100 bet, you are essentially placing two bets. In this case, half of your stake, £50, goes on Chelsea -1 goal, and the other £50 goes on Chelsea -1.5 goal. Combined, the -1 goal handicap and the -1.5 goal handicap are represented as a combined -1.25 goal handicap. Make sense?
So let’s say the match is played and Chelsea wins by 1 goal. Did you make a profit? Well let’s consider each “split” bet.
- £50 on Chelsea -1.5 goals, was unfortunately a loser as Chelsea needed to win by at least 2 goals for you to win that bet and they only won by 1 goal.
- £50 on Chelsea -1 goal, was fortunate in some ways, but did not make you any money. Chelsea win by 1 goal means this £50 stake is refunded.
So your Chelsea -1.25 bet, looks like this:
- Chelsea -1.5,
- £50 BET LOST
- Return: -£50
- Chelsea -1,
- £50 REFUNDED,
- Return: £0.
All up you lose £50.
Still confused? Don’t be. Think of it this way. Whenever you see a quarter asian handicap, remember that it is essentially two bets combined. For example, what is the following handicap made up of?
- Real Madrid -0.75
- Atletico Madrid +0.75
That’s right. If you bet on Real Madrid -0.75 goals, you are essentially placing two bets, one on Real Madrid -0.5 goals and another on Real Madrid -1 goal. Simple right?
Asian Handicap Betting Chart
If you’re still a touch confused, fear not. We’ve developed an easy to read Asian Handicap chart to help you in a matter of seconds work out if your Asian Handicap bet has been a winner.
Asian Handicap Excel Calculator
The bettingexpert Asian Handicap Calculator will tell you not only how many goals your team has to win (or lose) by, but will tell you exactly how much profit you will make from your bet.
Here’s how:
Step 1 – Select your handicap. The bettingexpert Asian Handicap Calculator can determine betting returns for the seven most common football handicaps, from +/-0.25 goals to +/-1.75 goals.
Step 2 – Enter the odds you received from your bookmaker for your chosen handicap.
Step 3 – Enter your stake.
Step 4 – Enter the final goal margin, 0 for a draw, a minus number for a defeat and a positive number of a victory.
Step 5 – Boom, the bettingexpert Asian Handicap Calculator will instantly give you both your returns and profit should the match end with that margin.
Calculate Asian Handicap Bets
Ok you want to go deeper? Well then, let’s go deeper. Let’s get down to the nitty gritty and learn how to calculate bet returns and profit for each Asian Handicap variety.
+0.25
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = ((stake / 2 ) + ((stake / 2) * odds)) – stake
- If backed team loses, profit = 0 – stake
-0.25
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake / 2) – stake
- If backed team loses, profit = 0 – stake
+0.5
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake * odds) – stake
- If backed team loses, profit = 0 – stake
-0.5
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = 0 – stake
- If backed team loses, profit = 0 – stake
+0.75
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake * odds) – stake
- If backed team loses by 1 goal, profit = (stake / 2) – stake
- If backed team loses by 2 goals or more, profit = 0 – stake
-0.75
- If backed team wins by 2 goals or more, profit = (stake * odds) – stake
- If backed team wins by 1 goal, profit = ((stake / 2 ) + ((stake / 2) * odds)) – stake
- If backed team draws, profit = 0 – stake
- If backed team loses, profit = 0 – stake
+1
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake * odds) – stake
- If backed team loses by 1 goal, profit = stake – stake
- If backed team loses by 2 goals or more, profit = 0 – stake
-1
- If backed team wins by 2 goals or more, profit = (stake * odds) – stake
- If backed team wins by 1 goal, profit = stake – stake
- If backed team draws, profit = 0 – stake
- If backed team loses, profit = 0 – stake
+1.25
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake * odds) – stake
- If backed team loses by 1 goal, profit = ((stake / 2) + ((stake / 2) * odds)) – stake
- If backed team loses by 2 goals or more, profit = 0 – stake
-1.25
- If backed team wins by 2 goals or more, profit = (stake * odds) – stake
- If backed team wins by 1 goal, profit = (stake / 2) – stake
- If backed team draws, profit = 0 – stake
- If backed team loses, profit = 0 – stake
+1.5
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake * odds) – stake
- If backed team loses by 1 goal, profit = (stake * odds) – stake
- If backed team loses by 2 goals or more, profit = 0 – stake
-1.5
- If backed team wins by 2 goals or more, profit = (stake * odds) – stake
- If backed team wins by 1 goal, profit = 0 – stake
- If backed team draws, profit = 0 – stake
- If backed team loses, profit = 0 – stake
+1.75
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake * odds) – stake
- If backed team loses by 1 goal, profit = (stake * odds) – stake
- If backed team loses by 2 goals, profit = (stake / 2) – stake
- If backed team loses by 3 goals or more, profit = 0 – stake
-1.75
- If backed team wins by 3 goals or more, profit = (stake * odds) – stake
- If backed team wins by 2 goals, profit = ((stake / 2) + ((stake / 2) * odds)) – stake
- If backed team wins by 1 goal, profit = 0 – stake
- If backed team draws, profit = 0 – stake
- If backed team loses, profit = 0 – stake
+2
- If backed team wins, profit = (stake * odds) – stake
- If backed team draws, profit = (stake * odds) – stake
- If backed team loses by 1 goal, profit = (stake * odds) – stake
- If backed team loses by 2 goals, profit = stake – stake
- If backed team loses by 3 goals or more, profit = 0 – stake
-2
- If backed team wins by 3 goals or more, profit = (stake * odds) – stake
- If backed team wins by 2 goals, profit = stake – stake
- If backed team wins by 1 goal, profit = 0 – stake
- If backed team draws, profit = 0 – stake
- If backed team loses, profit = 0 – stake