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Asian Handicap Explained

 

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For many of you, no explanation of how the Asian Handicap works is necessary.  However, we occasionally get an email from a website visitor who is not familiar with Asian Handicap betting.  Certainly, it can be a bit perplexing at first for those that are only familiar with 1/2 ball handicaps or 1x2 betting.  Therefore, we offer enlightenment with the following examples and accompanying table detailing the various possibilities when betting into the Asian Handicap.

The Asian Handicap offers punters a possibility for one of only two winning outcomes.  Traditionally, 1x2 betting or 3-way betting was the exclusive proposition offered for punting on Soccer matches.  The advent of the Asian Handicap presented punters with the opportunity to simply pick winning team versus the Asian Handicap.  Two possible outcomes with a reasonable odds spread has been a great enticement to many would be punters.

The Asian Handicap uses 1/4 ball variations in order to more efficiently split the betting in a sport with very little scoring compared with most sports.  The 1/4 goal handicap variations automatically divide the amount bet equally between two different 1/2 ball handicaps.  The 1/4 ball variations allow for a more even split in the betting without the bookmaker needing to introduce lopsided odds as is the case with 1/2 ball only betting or 1x2 betting.


The 1/4 ball handicap variations in Asian Handicap betting allow for the market to be more efficient


For example, let's say that a bet is made on the favorite -1/4 ball.  This means that half the stake is bet at level handicap (pk) and half is bet at -1/2 ball.  The full time result is 1-1.  This results in losing half the stake risked.  It is a handicap draw against the level (pk) handicap and a loss against the -1/2 ball handicap.  If the bet had been made on the other team at +1/4 ball, then the result would be just the opposite with a win of half the stake risked.

In another example let's look at the 3/4 handicap.  A bet on the favorite would be split equally between -1/2 and -1.  If the -3/4 goal favorite wins 1-0, then a win is recorded against the -1/2 ball handicap and a handicap draw versus the -1 ball handicap for an overall win of half the stake risked.  In order to win a full stake, the favorite must record a win with a margin of two goals to overcome both the -1/2 and -1 ball handicaps.

The table illustrates the various possibilities when betting into the Asian Handicap.

Handicap Home/Away FT Result Bet on Home Team Bet on Away Team
level / level draw push push
  home win win lose
  away win lose win
-1/4 / +1/4 draw lose 1/2 win 1/2
  home win win lose
  away win lose win
-1/2 / +1/2 draw lose win
  home win win lose
  away win lose win
-3/4 / +3/4 draw lose win
  home win win lose
  away win lose win
-1 / +1 draw lose win
  home win by 1 push push
  home win by 2 win lose
  away win lose win
-1 1/4 / +1 1/4 draw lose win
  home win by 1 lose 1/2 win 1/2
  home win by 2 win lose
  away win lose win
-1 1/2 / +1 1/2 draw lose win
  home win by 1 lose win
  home win by 2 win lose
  away win lose win
-1 3/4 / +1 3/4 draw lose win
  home win by 1 lose win
  home win by 2 win 1/2 lose 1/2
  away win lose win
-2 / +2 draw lose win
  home win by 1 lose win
  home win by 2 push push
  home win by 3 win lose
  away win lose win
-2 1/4 / +2 1/4 draw lose win
  home win by 1 lose win
  home win by 2 lose 1/2 win 1/2
  home win by 3 win lose
  away win lose win
-2 1/2 / +2 1/2 draw lose win
  home win by 1 lose win
  home win by 2 lose win
  home win by 3 win lose
  away win lose win

One final point on the Asian Handicap and punting in general.  We often hear punters decry the bookmaker, as if a winning bet somehow defeats him.  That couldn't be further from the truth and is a tragically uninformed way of viewing an endeavor where money is at stake.  The bookmaker is simply a middleman brokering a deal between punters who disagree on the outcome of a match, and are willing to back up their opinion with a wager.

For brokering the deal between punters, the bookmaker is paid a fee by the winner.  This fee goes by many different names depending on where you are in the world.  The most common seems to be "water money" or "the juice".  No matter what the fee is called, it is raked off the top of the winning punters return based on the odds that were bet into.  Below is an example illustrating how this works.


The bookmaker is simply the middleman brokering a deal between punters in return for a percentage fee


Person A wagers $100 on Manchester Utd. -1/4 at odds of 1.90.  Person B wants to take the other side, Aston Villa +1/4 for $100 at odds of 2.00.  Manchester Utd. wins the match and person A collects $90.  Person B loses his entire $100 stake.  As you can see, $10 is missing.  If Person A had bet directly with Person B, he would have won and collected $100.  The missing $10 went to the bookmaker as a fee for brokering the deal.

To many, it may seem counterintuitive to view the winning punter as the one who pays the bookmaker.  After all, he is the one collecting his winnings and the loser isn't.  However, if it was a straight wager on a match where picking the winner is a 50/50 proposition, he should make a profit of $100 on a $100 bet.  That is not the case in our example.  The winner paid the fee since only $90 was returned on a $100 wager and the bookmaker collected his $10 fee.

We have found the Asian Handicap to be the most profitable form of sports betting available.  The information for major European Soccer matches is excellent and when used properly can produce excellent results.  All Soccer picks released by MBS are in the form of Asian Handicap bet recommendations.  No other type of betting offers a comparable return on the investment of time and resources required to be a successful sports punter.

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