Asian Handicap
A soccer-friendly form of spread betting that removes the draw by giving teams fractional or whole-number handicaps.
An Asian handicap is a style of spread betting that started in Asian markets and is best known in soccer. Its standout feature is that it removes the draw, cutting the possible results from three (home win, draw, away win) down to two. It does this by giving one or both teams a handicap before kickoff. Handicaps can be whole numbers (e.g., -1, +2), half numbers (e.g., -0.5, +1.5), or quarter numbers (e.g., -0.75, +1.25).
Half-number handicaps work like a regular spread with a hook: one side always wins and one always loses. Whole-number handicaps add the chance of a push, where the bet is refunded if the adjusted margin lands on exactly zero. Quarter-number handicaps are unique to the Asian system. A -0.75 handicap, for example, is split into two half-bets: one at -0.5 and one at -1.0. If the favored team wins by exactly 1 goal, you win the -0.5 portion and push the -1.0 portion, so you get a partial win.
Asian handicaps are popular because they offer tighter margins (lower vig), more balanced odds, and more options than the usual three-way soccer markets.
Example
In a match between Liverpool and Wolverhampton, Liverpool gets an Asian handicap of -1.5 at -105 odds, and Wolverhampton is +1.5 at -115 odds. If Liverpool wins 2-0, the adjusted score after the handicap is 0.5-0 in Liverpool’s favor, so a bet on Liverpool -1.5 wins. If it ends 1-0, the adjusted score is -0.5 to 0, meaning Liverpool fails to cover the 1.5-goal handicap, and a bet on Wolverhampton +1.5 wins. A half-goal handicap means there’s no draw outcome possible.
Key Points
- Eliminates the draw: Half-goal handicaps remove the draw as an outcome, leaving just two possible results.
- Quarter-goal splits: Handicaps like -0.25 or -0.75 split your bet into two equal halves on adjacent lines, allowing partial wins and partial losses.
- Lower margins: Asian handicap markets usually carry lower vig than standard three-way soccer betting, making them more efficient for you.
- Primarily used in soccer: The idea could apply to any sport, but Asian handicaps are offered and bet on mostly in soccer worldwide.
- Greater flexibility: The range of lines (from 0 to -3 or more) gives you fine control over the risk-reward of your bets.