What is Handicap Betting?
Definition: Handicap betting gives one side a virtual head start or deficit before the event begins. The bet is settled on the result after the handicap is applied.
Example: Home -1 means the home side must win by two or more goals for the bet to win. A 1-0 win counts as a draw after the handicap.
Common handicap formats:
- European handicap (3-way) - three selections: home with handicap, draw with handicap, away with handicap.
- Point spread - used in US sports, with half-point lines such as -3.5 so that there is no tie.
Why sportsbooks offer handicaps: when one side is a clear favourite, a handicap creates more balanced prices on both sides of the market.
