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The following article was published in our article directory on January 8, 2016.
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Article Category: Sports
Author Name: Tony Hammonds
For non-bettors, sports is a matter of winning or losing. In some cases, the outcome of a game is a draw. However, there is a problem with this simple outlook because of the flawed assumption that all teams are equal. In contrast, bettors view sports as a matchup between two teams that are often unequal because one team is perceived as better than the other. The outcome of this, from a betting perspective, is that bettors would always bet on the �better� team. This is a problem because there is a disconnect between risk and reward. There is a solution offered by bookmakers to addresssolve this unequal matchup and it is called a handicap.
Handicap betting levels the playing field by adding points to a team. In order to fully understand this, the terms �underdog� and �favorite� are important. Underdogs are teams that are expected to lose the contest. Favorites are teams that are expected to beat the underdog and win the event. This form of sports betting shows which teams are underdogs and favorites. For example, in a football game between Liverpool and Manchester United, adding a point to Liverpool implies that Liverpool is the underdog because it would mean that Manchester United would have to win by more than one goal in order to win the bet. The bookmakers indicate the underdog as Liverpool +1 and the favorite as Manchester United -1.
Another type of handicap betting is called Asian handicap betting. The previous example is a basic form of handicap betting where the outcomes can be a win, a lose, or a draw. A draw is possible because Manchester United can win the match with a score of 1-0 or 2-1 or 3-2, for as long as Manchester United wins by 1. Asian handicap betting prevents the outcome of a draw by offering 0.5 spreads. This is shown, using the same example, as Liverpool +0.5 vs Manchester United -0.5. A wager on Liverpool pays out only when Liverpool wins the game. A wager on Manchester United pays out if Manchester United wins or if the outcome is a draw.
Handicap betting can be applied to all sorts of sports such as basketball, American football, and even tennis. The spread is always based on points that a team has to win or lose. There are many bookmakers that offer handicap spreads and an example of a well-known bookmaker is Bet365.
Bet365 is a UK-based gambling operator that has been operating since 1999. It offers competitive sports betting and operates in over 200 countries with more than 14 million bettors subscribing to the service. Aside from the many different forms of betting offered, Bet365 has a reliable system of deposits and payouts for its bettors. Since it operates in many different countries, Bet365 has flexible payment options by accepting over 27 different currencies. Furthermore, operations are properly regulated by the UK Gambling Commission. A competitive sports betting handicap along with accessible forms of payment and withdrawal makes Bet365 a highly respected and reliable sportsbook for bettors.
Keywords: types of bets, types of horse racing bets, types of football bets, betting exchange, handicap betting, betting systems, bookmakers, ante post betting
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