The Asian Handicap basically eliminates the chances of a draw in a football match, by awarding the teams some form of a goal handicap. Asian Handicap is created so that, in theory, the teams have an equal or different chance of winning. The draw is taken out of play and a more competitive market is formed. Rather than deciding on betting on a home/away win or a draw, the decision is instead who you think has the best chance of winning after the Asian Handicap has been applied. Generally, the amount of profits bookmakers take on these bets is lower than the usual win/lose/draw bets. Bookmakers pay out on Asian Handicaps typically between 90-100% of the takings, making very low percentage profits in comparison. This makes Asian Handicap bets in general great value bets, explaining their increasing popularity.
There are a number of different forms of Asian Handicap bets, as explained below.
0 Asian Handicap
A 0 Asian handicap is quite rare, and occurs when the likelihood of either team winning is close to even. Here all that is happening is you are betting without a draw being an option. You win if your team wins, and get your stake returned if the result is a draw.
0.5 Asian Handicap
1.85 Manchester United (-0.5) v Chelsea (0.5) 1.85
The first figure (1.85) represents the odds available for you to bet on. The number in brackets (-0.5/0.5) represents the half goal handicap. If you were to bet on Manchester United, if they won by one goal or more, you win your bet. If you bet on Chelsea, you will win if the result is a draw or Chelsea win.
1 Asian Handicap
If you bet on the -1 Asian Handicap, you will win your bet if your team wins by two goals, or have your stake returned if they win by a single goal. If you bet on the underdogs at +1, you will win if your team draws or wins, and you will have your stake returned if they lose by a single goal.
1.5 Asian Handicap
If you bet on a -1.5 handicap, you win if your team wins by two or more goals. If you have bet on the +1.5 Asian Handicap, you will win if your team wins, draws or loses by a single goal. There is no possibility of the stake being returned in this format.
The ‘Double Asian Handicap’
In double Asian Handicap betting, the bet is split in two. However the bet is often displayed in a way that people new to the Asian Handicap may not realise this at first. It is unusual to see a double Asian Handicap bet past 1.25 (1, 1,5).
0, 0.5 Asian Handicap
This is known as the ‘level half’ Asian Handicap, normally denoted as -0.25/+0.25. If you bet on the -0.25 Asian Handicap team, you win if your team wins by a goal or more. If the match is a draw, half of your Asian Handicap wager is lost and half is returned. If you bet on the +0.25 Asian Handicap team, you will win if your team wins the match. If the game is a draw you will win with half your stake at the odds taken and receive the other half back.
0.5, 1 Asian Handicap
Also referred to as -0.75/+0.75. If you bet on the -0.75 Asian Handicap team, you will if your team wins by two clear goals. If your team wins by one goal, half your stake is returned and half is a winner at the Asian Handicap odds taken. If you selected the +0.75 Asian Handicap team, you win if your team wins or draws the match. If your team loses by one goal, half the stake is returned and half is a winner at the Asian Handicap odds taken.
In-Running Asian Handicaps
These are run in the same way, with goals prior to the bet being placed not counting.