Asian Handicap is one of the latest additions in the world of online bookmakers which is gaining more and more popularity. Everyone already knows what handicap is; a false advantage for one of two teams or opponents in a match and the goal is to guess the difference in the end result. Asian handicap gives an advantage to one of the teams, but unlike the whole numbers in standard bets, here you have quarters and halves.
The other notable difference is that Asian handicap eliminates ties as a possibility in the match. This way the per cent for a possible success increases from 33 to 50. It’s hard to say whether Asian handicap is more a bonus for bookmakers. On the contrary, many clients also win from it. Companies can’t afford to fall behind, and little by little this option will be available on every site, that’s for sure! Otherwise, bookmakers can also reduce risk with this option, balancing how much can be bet on the match. This could be helpful for big events. However, it’s a fact that betting companies earn large amounts from this market, unlike standard games on a sign.
History of Asian handicap
The term itself, “Asian handicap” was invented 18 years ago by the journalist Joe Soumares Smith. He had been asked by the Indonesian bookmaker Joe Fan to invent a term for the local term “Han Chen,” who is actually the father of Asian handicap.
What are its variants?
This option is available mainly for football bets where ties happen frequently. However, with Asian handicap, there is invariably a winner. A favourite is a team against which a handicap is placed while the other competitor is known as an outsider. Since a tie is eliminated as a variant, bookmakers usually place odds around 1.90-2.00 for such bets. Asian handicaps start at 0.25 and reach all the way to 2-3 goals lead for one of the teams.
Examples of Handicap
A handicap of 0.25 divides the bet among the contenders. If you bet £1000 on a handicap of 1.75, in reality, you are betting £500 on odds for 1.5 handicap and 2 handicap. This way you can win a bet, lose a bet or restore your money.
An example is a match between Manchester City and New Castle. You have a handicap in favour of New Castle of +1.0 and +1.5. You bet £100. This way half of your bet (£50) goes to a win, tie or loss for New Castle with less than a goal and the other £50 you are actually betting on a win, tie or loss with less than 1.5 goals for New Castle. If Manchester City wins 1:0, half of your bet will be restored because of the tie; New Castle has lost precisely by 1 goal. The other half, however, will win because with a success of only 1 goal for Everton the line of a handicap of 1.5 goals is not passed.
With whole odds in Asian handicap, there can be ties. This, however, does not count as a tie, but a push and the bets are returned to the clients since there is no winner.