We welcome you to Parimatch, India’s best sports betting platform. Thanks to our revolutionary mobile application, all sports fans have the opportunity to bet on any sporting event in the world directly from their mobile devices. The interface of our application is designed so that even a beginner in the sports field will immediately understand all the functionality and start making winning bets on the Parimatch platform.
One of the most popular types of bets that are in demand on the Parimatch app is known as the handicap. But what is it?
The Parimatch team has compiled a detailed guide to help you understand what a handicap is. We’ll tell you what the main meaning of the concept is, the principles it works, and situations where it’s most beneficial to use this type of bet.
In addition, you will find a step-by-step guide on how to correctly place handicap bets on the Parimatch platform. This guide also introduces you to the various handicap market options for the sports where these bets can be placed. We’ll tell you how to make a handicap bet using the state-of-the-art Parimatch mobile application.
Let’s get down to the fun part and find out handicap meaning in betting!
Table of Contents
What Is Handicap Betting?
Handicap betting is a type of bet that gives one team a “head start” in terms of points, goals, or any other metric used to determine the winner. In other words, the handicap is used to even out the odds between two mismatched opponents. Usually, such an advantage is given to a weaker team, or in the case of a stronger team, a disadvantage is applied.
Handicap betting is an excellent method of balancing the odds between teams winning or losing a match without taking control of the outcome you think might happen.
In the case of a handicap bet, the bookmaker places a bet on the handicap of one of the teams. Thus, the team becomes the clear favorite, but for the bet to win, the team must overcome this virtual advantage or disadvantage. In turn, you must determine the correct handicap in order to win your bet.
Let’s find out what is handicap in football. Take, for example, the match between two football teams Leeds United and Manchester City. You think that Leeds United will win even if you take away one goal from them.
Thus you bet on Leeds United with a negative handicap of -1. This means that if the match ended with a score of 3 in their favor, the final score, taking into account the handicap, will be 2 goals (3-1=2). If Manchester City doesn’t score a single goal, you will win the handicap insert as Leeds United won the match 2-0. Therefore, if Manchester City scored one goal, you would still win the bet since the score would be 2:1. But if Manchester City scored two goals, your bet would be losing since the score with a handicap ends in a draw, that is, 2:2, even if Leeds United scored three goals.
It’s very interesting how you can manipulate handicap betting in football in order to get the best you can. For players who decide to increase the handicap, they make a riskier bet, but this risk pays off with much higher odds.
Handicap Betting: Explained in Detail
Betting on a handicap in football is a great way to level the odds when one of the teams is the guaranteed winner of the match. Thus, when you use a virtual deficit, players can work with the odds to predict the most likely outcome of a match. Handicap betting is most often used to give one side a clearer chance of winning a match, especially if those teams are weaker.
You might think that in order to bet with a handicap, you need to be an expert in the field of betting. But it’s not like that Parimatch mobile app is so easy to use that even a first-time sports bettor won’t have a few problems learning handicap betting.
Let’s start with a simple handicap meaning in betting.
Handicap betting is much more interesting than regular betting. It also gives players much higher odds, but it also makes betting riskier.
Imagine that you are playing tennis against Roger Federer. With a high probability, he will win every match. Thus, if someone bet on your match and Federer’s victory, each time this person would receive a small profit, but at the same time, it would be very tiny.
Here, the phrase equalizes the chances does not appear. Now imagine a situation where Federer has to play with his left hand. Given that he is right-handed, he is at a disadvantage, which increases the likelihood that the match will end with your victory. However, we would still probably bet on Federer. But considering the fact that it is now much more difficult for a professional tennis player to win this match, the odds become higher, and our bet will bring much more profit.
In this case, the betting handicap means the moment when one of the parties gets a spread that they must overcome in order to win the bet.
For example, Team 1 is the favorite, and Team 2 is the underdog. If you give a team one -2 handicap, team one must win the match, provided that the final result is not two goals less. Thus, if the first team wins with a score of 4:1, you take away two goals from it, and the final score for it will be 2:1. In this case, team one still wins, and your bet is the winning one. But if team one won with a score of 3:1, it was a handicap draw, and then your bet would not win.
How Does Handicap Betting Work?
In theory, handicap betting may seem very difficult to you, but once you try to make at least one such bet on the Parimatch sports betting platform, you will realize that it is very easy. That is why we would like to bring you some handicap betting examples so that you can see how handicaps work in practice. This will help you understand how to place confident bets, how to read handicap odds correctly, and how to calculate your potential winnings.
In order to simplify the whole process for you as much as possible, we will use the football betting handicap as an example so that you can easily understand exactly how this type of bet works.
Soccer Handicap Betting Explained
The ultra-modern and user-friendly mobile app Parimatch for Android and iOS provides our users with a huge number of interesting and exciting football matches that you can bet on with a handicap. Thanks to the Parimatch app, you can place pre-match live and virtual bets on handicap football, which is really a one-stop shop for handicap football betting.
But how do you start placing handicap bets on Parimatch? How does handicap betting football work?
Let’s take a real football match as an example. We will look at the premiere of the handicap at the match between Manchester United (1) and Liverpool (2), where the Liverpool team is the clear favorite.
|
1 (-3) |
19.50 | ||
| 1 (-2) | 13.00 | 2 (+2) |
1.01 |
|
1 (-1.5) |
6.40 | 2 (+1.5) | 1.09 |
| 1 (-1) | 5.60 | 2 (+1) |
1.12 |
| 1 (0) | 2.48 | 2 (0) |
1.53 |
|
1 (+1) |
1.41 | 2 (-1) | 2.90 |
| 1 (+1.5) | 1.27 | 2 (-1.5) |
3.55 |
|
1 (+2) |
1.09 | 2 (-2) | 6.40 |
| 1 (+2.5) | 1.07 | 2 (-2.5) |
7.20 |
| 2 (-3) | 12.50 | ||
| 2 (-3.5) |
13.00 |
As you can see, all outcomes look something like Manchester United one or Liverpool two with one goal advantage. The number one and two outside the brackets mean the winners of the match, that is, the home team and away team, respectively. The number in brackets means the handicap. On the sports betting platform Parimatch, this number shows how many goals are counted (numbers with a “+” sign) for a team or subtracted from a team (numbers with a “-” sign).
So let’s look at the table presented above. The top left result looks like this: 1 (-3). This means that the Manchester United team wins even if they have three goals deducted at the end of the match. Such an outcome is very unlikely, so the odds are very high. But if you bet, for example, 10,000 Indian rupees, the data is the outcome of the match, and by some miracle, the team still wins with such a score, you will receive a payout of 195,000 Indian rupees, which in the end means a net profit of 185,000 Indian rupees.
Handicap Betting Types
We at the sports betting platform Parimatch do our best to provide our customers with the maximum variety and the widest range of sports betting types and betting options. In addition, our odds are among the most competitive on the market. The global sports events you can bet on in the Parimatch mobile app make our platform the perfect place to place live pre-match and virtual handicap bets on everything from football to hockey and from cricket to volleyball.
Now that we have learned what does handicap mean in betting, let’s see what betting methods you can find on the Parimatch platform. Also, you’ll find how they differ from each other and how they work.
What’s a Level Handicap Bet
The term level handicap means that neither team gets any advantage or disadvantage. In the tables that we posted above, you can see a line with options “1(0)” and “2(0)”. Just the same, this is an example of a level handicap.
In this case, in order for your bet to be won, you need to choose which team will score more goals. In this type of bet, there is no draw option. Thus, if the team still ends the match with the same score, the amount of your bet is returned to your account.
In other words, a bet that does not provide for anything similar to a bet on a team to win or “draw no bet.“
What Is a Single Handicap Bet?
The Single Handicap is the basic type of handicap betting, sometimes called the European Handicap, the same as what we discussed at the beginning of this article. To the final score of one of the teams, the number of goals is added or taken into account, whether it be one goal or one and a half. This type of handicap insertion works best when there is a significant difference in skill and strength between the two sides.
What Is Split Handicaps / Double / Asian Handicap Betting?
If both teams have a slight difference in their skills and strength, you can use a split handicap. As for the term Asian handicap, it means a technique that is used if there is a favorite and an underdog, and the gap between them is not big.
Let’s take an American football match between the Dallas Cowboys and New England Patriots as an example. You can see that the Asian handicaps look like this:
|
1 (-1.25) |
1.85 | 2 (+1.25) |
1.95 |
As you can see, the added and subtracted points are worth a quarter. Thus, the Asian Handicap bet is split between the nearest half goal options. In this case, if you place a bet of 10,000 Indian Rupees on the New England Patriots, it will mean that your bet is halved between 1 (0) and 1 (+0.5). In other words, half of your bet is on a zero-point truck, and the other half of your bet is on a 0.5. Thus, you can either win or draw (win half the bet) or lose and draw (lose half the bet).
Let’s assume that you made a bet on the Patriots. So half of your bet goes to win, draw or lose that team by less than one goal. And the other half of your bet is to win a draw or lose the Patriots by less than 1.5 goals.
In this case, the Dallas Cowboys defeat the Patriots 1-0. Half of your bet will be returned due to a draw with a handicap (the Patriots lost by exactly one goal). Second half win (Patriots lost by less than 1.5 goals).
So your payout is (INR 5000 * 1.0) + (INR 5000 * 1.95) = INR 14,740.
How to Place Handicap Bets on Parimatch?
The Parimatch team is proud to bring our sports betting app to a whole new level. We bring you the most innovative betting experience in all of India right from your mobile device. To do this, you just need to download our easy-to-use sports betting app, and you will have access to all the sporting events happening in the world and a huge list of options right in your pocket.
Even if you are new to the world of betting and have never dealt with bookmakers before, the Parimatch sports betting mobile app is designed with simplicity in mind. Our application, which includes an elegant toolbar and a user-friendly interface, is designed to provide the user with maximum comfort when placing handicap football bets online.
Since you already know the handicap bet meaning, you can start betting today, but before that, you must make sure that you have registered your account on the Parimatch platform.
A Brief Guide to Handicap Bets on Parimatch
If you already have an account on the Parimatch sports betting platform and you are not betting for the first time with our platform, you should have no problems finding handicap bets. Like all other types of betting on our platform, you will find handicap inserts in the top menu on the page of any sporting event.
In case you need help, just follow our instructions below:
- If you do not have an account created on the Parimatch platform, you’ll need to register. This process will not take much time, it can be completed by clicking the yellow “Register” button in the upper right corner of the main page of the Parimatch. Next, you need to follow the instructions to complete the registration.
- After you register an account on our platform, you need to deposit funds in your account in order to prepare for placing bets with a handicap.
- After you make a deposit, you need to choose whether you want to place live, pre-match, or virtual sports handicap bets. For pre-match betting, you need to go to the “Sports” section. For live handicap betting, you need to go to the “Live” section. As for betting on virtual sports, you need to go to the “Virtual” section.
- If you want to place a pre-match handicap bet, you need to click on the “Sports” tab. Next, you will see a list of all available sports to bet on, with the most popular league tournaments displayed at the top.
- If you did not find the desired sport on which you would like to bet with a handicap, you need to select a list of countries hosting games you can bet on.
- Click on the page on which the game of your choice is located; there, you will see drop-down menus with all the championship cups and league tournaments held in this country.
- Select the league or cup you are interested in. You will be taken to a screen with a list of all available games in that league or competition.
- Select the game you would like to bet on with your handicap. You will be taken to the next match screen, which will show all available betting options for a particular match.
- Pick the category “Handicap” and click on the bet you would like to put on, and the field will become highlighted. After that, your coupon number will appear.
- Once you have placed all your bets, go to the betslip to complete the placement process. All the bets you are going to make are listed on this screen. Check if everything matches your choice. Place parlay bets if you wish to make two or more bets.
- If all the bets you have chosen are correct, scroll down and click on the big button that says “Place a bet” to complete the betting process.
Top Markets for Handicap Betting on Parimatch
The sports betting platform Parimatch is one of the best on the market and is known for its huge variety of bets on different sports. Our platform offers a huge selection of sports you can bet on with a wide range of strategy options. In addition, our platform is known for offering our clients the most competitive odds and a great mobile app for Android and iOS. Thus, the Parimatch sports betting platform provides a complete solution for all your sports betting needs.
When it comes to handicap betting football or another sport on the Parimatch platform, you can be sure that you have made the right choice. We offer handicap inserts across the board, allowing users to apply this technique to all of the most popular sports in the world in a wide variety of forms.
Parimatch Has Handicap Bets on a Wealth of Sports
It doesn’t matter if you’re a fan of tennis, love football, or if you can’t go a day without watching a volleyball match, the Parimatch sports betting platform is one of the best bookmakers that offer you handicap inserts for any sport. This sport includes tennis, handball, volleyball, basketball, hockey, and many other sports that are popular all over the world.
Place Pre-Match, Live, or Virtual Sports Handicap Bets on Parimatch
We, at Parimatch, make sure that each of our clients has access to handicap bets anytime, anywhere. That is why you can always choose among the great abundance of different betting formats to place on our platform. You can place handicap bets before the start of the match by analyzing all the data and just waiting for the result. You can also take part in the match directly and place bets with a handicap in real-time. But in this case, you need to remember that real-time odds are constantly changing, and when you place bets of this kind, the situation in the match can change in a matter of minutes.
In addition, sports fans can now bet on virtual sports on our platform in the virtual betting section. This means that you always have the option of placing a handicap bet, whether day or night.
Top Reasons to Choose Parimatch for Handicap Bets
You must be tired of the fact that the local bookmakers always make you put up a huge queue for how you can place a bet. At the same time, they very often offer rather unfavorable odds for players. Plus, when you’re limited to a selection of local bookmakers, you may find that handicap betting isn’t all that fun. That is why you need a one-stop place where you can place any bet, including handicap bets on national or international sporting events, without even leaving your home!
Convenience and a wide range of betting types are not the only things that the Parimatch sports betting platform can offer you. Therefore, if you are still not sure about Parimatch handicap betting, we suggest you explore some of our advantages:
- Parimatch is a state-of-the-art solution that allows you to bet on any sport in one place. Also, our application handles high traffic, and our system never crashes. Due to the fact that the Parimatch application provides maximum security, it is the optimal solution for online betting that does not consume your data and does not drain the battery. Our lightweight and state-of-the-art betting app is the perfect tool to place bets on all the most popular sports right on your smartphone.
- The Parimatch sports betting platform provides access to those sports that may not be available to other bookmakers. While competing bookmakers offer a limited selection of handicap bets, Parimatch offers you a variety of sports to place your handicap bets on, as well as a huge range of other types of bets with favorable odds.
- At Parimatch, we care about providing our customers with the best possible gaming experience. So when you use our state-of-the-art mobile app, you get the best user experience and the widest selection of sports. Also, for handicap bettors, we offer the most competitive odds, which gives you excellent chances for potential profit.
- The sports betting platform Parimatch cares about each client, that is why we offer all our clients customer support that would be glad to assist you around the clock if you face any issues. You can reach our experts via calls, email, or contact us online.
More Betting Markets for You
Betting markets are the types of bets that the bookmaker offers you. We strive to provide you with the widest selection of downsides so you can maximize your gaming experience and get the most out of any upcoming sporting event. Here is a list of the market that you can find on Parimatch:
Get Handy With Handicap Bets on Parimatch
Thanks to the ultra-modern sports betting app Parimatch, you can fulfill all your sports betting needs. Some bettors may find the concept of handicap betting very difficult to understand, but let’s start with the fact that handicap bets are available to all levels of sports bettors. Whether you’re a beginner who doesn’t want to bet on a soccer match handicap, or you’re a more experienced player and want to benefit from the underdog of a tennis match, you may find that Parimatch offers everything you need to do so.
The sports betting platform, Parimatch, provides its users with not only a state-of-the-art Android app, which is the perfect tool for placing sports bets on the go, but also an extensive range of handicap bets across India. Thanks to the Parimatch platform, you will never again have to stand in line at a bookmaker to place a handicap bet. To do this, you just need to go to the Parimatch mobile application, select the match, and place your bet.
The main thing to remember is that if you have a clear favorite and a clear underdog, you need to make one bet with a handicap. In a situation where there is a small difference between the two teams, or it doesn’t exist at all, you can make a level handicap bet. If there are small discrepancies between the teams, you can try to make a split bet with a handicap. Split handicap betting can be a great way to make big profits.
In case you are not sure which team is stronger, you can always pay attention to the odds. Low odds mean that the team is most likely to be the winner in this match. If the team has low odds, this is a big chance to win. If the team has a large coefficient, this means that the team is likely to be an outsider.
In general, handicap betting is a great way to level the odds for both teams. Also, such bets are more interesting than traditional bets. Some players love this strategy because it allows you to support your favorite team even if it is not a favorite in a particular match.
If you need additional assistance, you can always contact Parimatch customer support. Our experts are available 24/7 to assist our clients over the phone via live chat or email. Besides this, you can talk to our support team directly in the chat in the Parimatch app. If you don’t have our app yet, now is the time to install it and start placing winning handicap bets today!
FAQ
What is handicap in betting?
Handicap betting is simply a bet that gives any team a “head start” regarding the metrics that determine the ultimate winner. Handicap Betting, in a nutshell, is something that helps to even out the odds between two mismatched opponents. Remember, handicap betting is a term commonly associated with point-based sports such as football, rugby, and others.
What is asian handicap betting?
Asian handicap betting refers to a strategy used when there is a favorite and an underdog team but with a small gap between them. It works best when the competing teams differ slightly in their overall skills and abilities.
What is handicap betting in football?
Handicap betting in football refers to a betting strategy that helps to even out the odds between two extremely mismatched teams. Betting on a handicap in football is an excellent way to even the odds, especially when you’re dealing with a match that has one of the teams with a guaranteed conclusion.
What is handicap betting in cricket?
In cricket, handicap betting, like in other sports, is used to level out the playing field between the two competing teams in terms of betting odds. This type of betting is more useful or prevalent when and if a team with a significant advantage exists alongside the other with a fairly poor track record.
What is handicap in tennis betting?
In tennis betting, a handicap refers to a situation in which one of the two competitors has a significant advantage over the other. This means that one player has a distinct advantage, whether based on skills or something else, while the opposing player lags behind with a laundry list of disadvantages.
What is 3 way handicap in betting?
The three-way handicap betting line is a unique option that allows users to bet on a team that might win rather than waging on the handicap. Not only that, but you can also wager on the handicap draw using the same option.