Handicap betting is a popular form of wagering that offers a unique twist to traditional sports betting. With 16 years of experience in online betting, I’ve seen firsthand how handicap betting can add excitement and value to your bets. In this comprehensive guide, we’ll explore everything you need to know about handicap betting, including how it works, the pros and cons, tips for success, and more.
What is Handicap Betting?
Handicap betting, also known as spread betting, is a form of wagering where one team or player is given a virtual advantage or disadvantage to even the odds of the game. This can be done by adding or subtracting points to the final score of the game.
For example, in a football match between Team A and Team B, if Team A is the favorite, they may have a -1.5 handicap, meaning they need to win by at least 2 goals for the bet to be successful. On the other hand, Team B may have a +1.5 handicap, meaning they can lose by 1 goal and the bet will still win.
Advantages of Handicap Betting
- Increased odds for favorites
- More betting opportunities
- Ability to bet on both sides Sporting – PSG of the game
- Can be a great strategy for underdog betting
Disadvantages of Handicap Betting
- Can be confusing for beginners
- Higher risk due to added complexity
House Edge
When it comes to handicap betting, the house edge can vary depending on the sportsbook and the specific market. Generally, the house edge for handicap betting is around 4-5%, which is slightly higher than traditional moneyline betting.
Payouts in Handicap Betting
Handicap betting payouts are calculated based on the odds and the handicap given. The more significant the handicap, the higher the potential payout. It’s essential to understand how the odds work in handicap betting to make informed decisions.
Top 5 Online Betting Sites for Handicap Betting
| Site Name | Mobile Betting | Desktop Betting | Tablet Betting |
|---|---|---|---|
| Bet365 | Yes | Yes | Yes |
| William Hill | Yes | Yes | Yes |
| 888sport | Yes | Yes | Yes |
| Unibet | Yes | Yes | Yes |
| Betway | Yes | Yes | Yes |
How to Bet on Handicap Betting
When it comes to placing handicap bets, it’s essential to understand the intricacies of the market. Here are a few tips to help you succeed:
- Research the teams or players involved
- Understand the handicap given
- Consider the form and recent performance
- Compare odds across different sportsbooks
- Don’t bet more than you can afford to lose
Checking the Fairness of the Bet
When placing handicap bets, it’s crucial to ensure the fairness of the bet. Here are three ways to check the fairness of your bet:
- Compare odds across different sportsbooks
- Review historical data and statistics
- Trust your instincts and do your research
By following these steps, you can increase your chances of making successful handicap bets.
Overall, handicap betting offers a unique and exciting way to wager on sports. With the right strategy and knowledge, you can take advantage of this market and increase your chances of winning big. Remember to always bet responsibly and only wager what you can afford to lose.
For more information on handicap betting and other online betting strategies, be sure to check out our other articles and resources.