What is handicap betting? How to read odds and examples

What is handicap betting and how to bet is one of the information that many players are interested in and discuss on football betting forums. To help new players better understand this playing method, PHFUN has compiled information and how to read odds in the following article, follow along.

What is handicap betting?

Handicap betting, also known as handicap betting, is a popular type of betting in football, often applied when the two participating teams have a difference in level and ranking. Bookmakers use handicap betting to create balance for both participating teams in betting. Football handicap betting usually has two basic forms: handicap and money handicap. When the odds between two teams have a large difference in level, the money handicap is used to convert to handicap betting. The purpose of this is to balance the odds between the two sides in the match, and the lowest handicap level is usually set at ¼ goal.

How to read handicap correctly?

If you have understood the concept of handicap betting, do not forget to skip the way to read the odds shared below to gain more knowledge of standard betting.

Even ball bet

• In this soccer sport bet, the player will be notified of the result of the bet between the home team and the away team as follows:
• If the match ends in a draw, the bet will be a draw.
• If the away team wins, the bettor who bets on the away team will win the bet.
• If the home team wins, the bettor who bets on the home team will win the bet.

Odds 0: 0.5

• Odds 0:0/0.5, also known as odds ¼, are half-bets between the home team and the away team. Specifically:
• If the home team wins, the bettor who bets on the home team will also win the bet.
• If the away team wins, the bettor who bets on the away team will also win the bet.
• If the final result is a draw, you bet on the home team and lose half of the bet, while you bet on the away team and win half of the bet.

What is 0 – ½ – Handicap?

• Handicap 0:0.5, also known as the home team handicaps the away team by ½ goal, some cases that can happen at the end of the match are:
• If the home team wins the match, the bettor who bets on the home team will win the bet.
• If the away team wins the match, the bettor who bets on the away team will win the bet.
• In the case of a draw, the bettor who bets on the away team will win this bet.

 

Odds 0: 3/4

In the case of a 3/4 handicap, the home team will handicap the away team by half a goal. The way to read the handicap is as follows:

• If the home team wins by two goals or more, the bettor who bets on the home team will win, and the bettor who bets on the away team will lose.
• In the case of the home team winning by one goal, the bettor who bets on the home team will win half of the bet, while the bettor who bets on the away team will lose half of the bet.
• If the away team wins, the bettor who bets on the away team will win the bet.

Odds 0: 1

• This is a handicap bet in which the home team accepts a handicap of one goal from the away team. Here is how to read the odds in detail for you:
• If the home team wins by two goals or more, the bettor who bets on the home team will win, while the bettor who bets on the away team will lose.
• If the home team wins by only one goal, the bet will end in a draw.
• In the event of a draw, the bettor who bets on the away team will win the bet.

How to calculate handicap bets

• When registering for a handicap bet, calculating the winning amount is always an important factor. This determines the amount of money you will receive after the match ends, and this calculation depends on the specific odds.
• In the match between England and Belgium, the handicap is 0.5, the corresponding payout ratio for England is 0.97, and for Belgium is 0.92.
• If the bettor bets 100 USD on England and England wins, he will receive 100 * 0.97 = 97 $.
• If the bettor bets 100 USD on Belgium and Belgium wins, he will receive 100 * 0.92 = 92 $.
• If the two teams draw, the bettor will lose all the money if choosing England and win half the money if choosing Belgium, which is 46 USD.

Conclude

With the information shared in the article above, we hope you have a clear understanding of what handicap betting is as well as how to read the odds and calculate the money in detail. Don’t forget to visit PHFUN to experience many attractive bets as well as big rewards when you win.