When handicap bets are set, an imaginary bias in the opponent’s strengths is counteracted by bookmakers. To provide more balanced odds; that is a 50-50 chance of winning. So basically, bookmakers give a head start to one of the two teams with regards to the number of goals scored.
The key to using the handicap betting football markets correctly is to giving yourself genuine value on your bets. The most popular way of doing that is to use it when betting on a favourite. In the example above, Manchester City will be a very short price, something like 1/10 (1.10 decimal odds) to beat Burnley at home on the regular win line.
The three-way handicap betting gives you three options to back: team A to win, team B to win, or a draw handicap. This is in contrast to two-way handicaps, where betting on a draw isn’t an option. Let’s say it’s derby day in the northwest, with the Red Devils facing City at Old Trafford, and your bookmaker deems Manchester United the ...
Step 1: Find an opportunity: There are plenty of handicap betting opportunities out there for you. If you believe that a certain team is going to win a game by a certain amount or lose a game by a certain amount, you can look for a handicap betting opportunity. Oftentimes, the same event will have multiple different handicap betting options.
The use of the normal distribution has been discussed from a different perspective in this article and explains how to use Standard Deviation for handicap betting. The assumptions set in other articles still apply though: chiefly the distribution must be a bell shaped curved and not skewed to any side.
Handicap betting is popular when a strong football team is playing against a weaker team. To balance the playing field and make the match more interesting for gamblers, the bookmaker will open a handicap betting market and give the favourite a disadvantage at the beginning of the match and the outsider an advantage.
Sports betting with a handicap is a system invented by bookmakers to rebalance the odds compared to a classic 1N2 prediction. It consists of penalizing the favorite and favoring the outsider. In football for example, the odds of this type of bet are fixed on the difference in force observed between the participants to adjust the playing field.
You don’t have to take the ‘main’ handicap, but more bookmakers pricing up usually means more competition and higher odds generally. Handicaps are expressed as half or quarter goal numbers to eliminate the tie option. For example the -0.5 handicap is the same as a standard home win.