Asian Handicap
Asian Handicap is a popular form of sports betting that originated in Asia and is commonly used on Winfair24.
It is designed to eliminate the possibility of a draw in a match by giving one team or a player a handicap while also adjusting the odds to make the betting more competitive.
In simple terms, Asian Handicap is a way to make sports matches more interesting for bettors by giving one team or player a head start and the other team a disadvantage. This makes it less likely for the game to end in a tie, and it also makes the bets more exciting because it can be challenging to predict the winner. The odds are adjusted to make betting fair and attractive to both sides.
So, instead of just betting on who will win, you are betting on whether a team can overcome the advantage or disadvantage given to them.
Asian Handicap can seem a bit complex at first, but it is actually quite straightforward once you understand the basics.
How Asian Handicap Works
In Asian Handicap, the stronger team is handicapped by a certain number of goals or points, and the weaker team is given a corresponding advantage. This is done to level the playing field, making it more attractive for bettors to wager on both sides of the matchup.
Let’s say there is a Premier League football match between Crystal Palace and Tottenham and you want to place an Asian Handicap bet on this game. Tottenham is the favorite and Crystal Palace is the underdog. You want to set the Asian Handicap at +1.5 for Crystal Palace and -1.5 for Tottenham.
Back Bet (Betting on Tottenham with -1.5 Asian Handicap)
You believe Tottenham will win by more than 1.5 goals (that is 2 goals or more)
Backing this selection means you are betting FOR this outcome.
Login to your Winfair24 account, and go to the Exchange.
On the left column of events search on Soccer the Premier League game between Crystal Palace and Tottenham and select the Asian Handicap market. Immediately you will see your betting options.
You have decided to place a back bet on Tottenham with a -1.5 Asian Handicap. Therefore you need to find this option and click on the corresponding blue box to open your betslip.
You decide to place a back bet on Tottenham with a -1.5 Asian Handicap for 10EUR at the offered odds of 3.35 (you can modify them if you do not agree and offer a new bet waiting for someone else to lay it). By clicking on the Submit button you confirm your bet and you wait for it to be matched.
Another bettor on Winfair24 takes the opposite position (lay bet) and agrees to match your bet. They are betting 10 EUR that Tottenham will NOT win by more than 1.5 goals.
Possible Outcomes
If Tottenham wins by at least two goals, then your back bet wins. If the final score ends in 1-3, 0-2, 2-5, etc you win your back bet. You will make a 23.5 EUR profit.
If Tottenham wins by exactly one goal, then the match is a push, which means that no one wins or loses. If the final score is 0-1, 1-2, etc then the match is a push and you receive your 10EUR stake back.
If Tottenham wins the match but not by a margin of at least 1.5 goals {2 goals or more}, then you will lose your back bet and the bettor who agreed to lay your bet will make a 10EUR profit. In order for the bet to cover the handicap, Tottenham needs to win by at least 2 goals or more.
If Tottenham does not win the match, then your back bet loses and the other bettor who took the lay bet wins 10EUR.
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In this way, Winfair24 facilitates bets between punters, allowing you to both back and lay the same outcome and it gives you opportunities for profit regardless of the match’s actual result. Make sure you always consider the odds, the stake size and the commission charged on your winning bets when using Asian Handicap betting, so you can better manage your potential gains and losses.