Understanding Handicap Betting: Calculation and Strategies
What is Handicap Betting? How to Calculate Winnings and Strategies for Handicap Betting
Handicap betting, also known as spread betting, is a type of wager used by bookmakers to balance the odds between the favorite and the underdog teams. The handicap is determined based on the number of goals the favorite team is handicapped by, aiming to create a balanced scenario for both teams during the weekend soccer tips
The degree of difference between the two teams is reflected in the handicap odds. A higher handicap odds indicate a greater gap in strength between the two teams. Conversely, if the teams are evenly matched or the difference is insignificant, the handicap odds will be lower.
In a football match, handicap betting usually comes in two forms: Asian handicap and European handicap. Initially, bookmakers use the European handicap, but when there's a significant disparity in betting amounts between the two teams, they switch to the Asian handicap to create a balanced betting field.
Players can deposit funds into their betting accounts and make predictions based on handicap odds. The minimum handicap odds can be as low as ¼.
Understanding Handicap Betting
Basic Types of Handicap Betting
Draw No Bet
Draw no bet, also known as DNB, is a type of bet where players only need to correctly predict the winning team to win. It disregards the exact score or goal difference of the match.
Draw no bet typically occurs in the following scenarios:
When the bookmakers assess both teams as having similar form and lineup.
When strong teams have recently performed poorly, leading to reduced odds.
Players backing the winning team receive a payout corresponding to the betting odds.
Players backing the losing team lose their entire stake.
In case of a draw, both players receive their stakes back.
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Half Goal Handicap
Half goal handicap, also known as 0.25 handicap or 0-0.5 handicap, is a type of bet where players can only win or lose, with no possibility of a draw. If the match ends in a draw, the player's stake is halved.
With a half goal handicap, players win if they correctly choose the winning team. In the event of a draw, players betting on the favorite team receive half their stake back, while those betting on the underdog lose half their stake. Handicaps like 1.25, 2.25, 3.25, etc., follow similar principles.
One Goal Handicap
One goal handicap, also known as 0.5 handicap, is a type of bet where the bookmaker considers the favorite team stronger and handicaps the underdog by 0.5 goals. This type of handicap is commonly seen in major tournaments like the World Cup and the Euros and is easily accessible for live betting.
Similar to half goal handicap, players win if they choose the winning team. In case of a draw, players betting on the favorite team lose their entire stake, while those betting on the underdog win their entire stake. Handicaps like 1.5, 2.5, 3.5, etc., follow the same principles.
Three Quarter Goal Handicap
Three quarter goal handicap, also known as 0.75 handicap or 3/4 handicap, is similar to one goal handicap. In this handicap, the favorite team handicaps the underdog by 3/4 of a goal. For instance, if you choose the favorite team, you win if they win by a margin of two goals or more. If they win by only one goal, you receive half of your stake back.
In case of a win or draw for the underdog team, players betting on the favorite team lose their entire stake, while those betting on the underdog win their entire stake. This principle applies when the underdog team wins or draws as well; in that case, you win your entire stake.
One Goal Handicap
One goal handicap means players win and receive the full stake if the favorite team wins by a margin of two goals or more. If the favorite team loses or draws, players betting on the underdog win their entire stake, while those betting on the favorite team lose their entire stake. In case of a one-goal margin win, both sides receive their stakes back.
Calculation of Handicap Betting Winnings
Calculating handicap betting winnings is crucial for players as it determines the payout after the match. The calculation method varies depending on the handicap odds and is not consistent for each scenario.
However, we can generalize the calculation method as follows:
For a full stake win: Winnings = Initial stake x Betting odds of the team
For a half stake win: Winnings = Initial stake x Betting odds of the team / 2
To better understand how handicap betting winnings are calculated, let's look at some examples:
In a match between Liverpool and Southampton on November 13, 2022, the handicap odds are 0.5, with corresponding odds of 0.97 for Liverpool and 0.92 for Southampton.
If you bet $100 on Liverpool and they win, you will receive: $100 * 0.97 = $97.
If you bet $100 on Southampton and they win, you will receive: $100 * 0.92 = $92.
In case of a draw, if you bet on Liverpool, you lose your entire stake, and if you bet on Southampton, you win half your stake, which is $46.
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Strategies for Handicap Betting
Handicap betting offers various strategies for players looking to maximize their chances of winning:
Analyze team form and performance: Understanding the current form and recent performance of teams can provide valuable insights into their potential performance in a match.
Consider home advantage: Home teams often have an advantage, which can influence the handicap odds. Factor in the home team's advantage when making your predictions.
Look for value bets: Identify discrepancies between the handicap odds and your own predictions to find value bets with favorable odds.
Bet responsibly: Set a budget and stick to it to avoid excessive losses. Practice responsible gambling habits to ensure a positive betting experience.
In conclusion, handicap betting is a popular option for football enthusiasts, offering a wide range of betting opportunities and strategies. Understanding the different types of handicap bets, calculating winnings, and employing effective strategies can enhance your chances of success in handicap betting.