What Is Handicap Betting?
We welcome you to Parimatch, the best online sports betting website in Nigeria! Our innovative technology lets sports fans place bets on any global sporting event in a few clicks from their devices – from desktops to smartphones. Our intuitive and attractive interface allows you to quickly and easily place bets on the Parimatch platform.
The Parimatch team has created this guide so that you can easily understand what handicap betting is. For your convenience, we have divided all the necessary information into blocks that explain certain aspects of this strategy. Here you will learn what handicap bets are, how they work, and when it is most profitable to place bets of this kind.
In addition, this guide will show you how to place handicap bets step by step on Parimatch. We will show you a visual example of how to place a handicap bet and how you can do it on our Parimatch sports betting site.
So, one of the most popular betting markets is a handicap. But what is it?
What Are Handicap Bets?
Answering the question of what is a handicap is a type of bet that suggests that the weaker team will gain an advantage or the stronger team is assigned a disadvantageous position. This way, you can easily balance the winner and the loser in the match and control the outcome that you think is more likely to happen.
The bookmaker places a handicap on one of the teams. For a team to win a bet, it needs to overcome the handicap or use it. In this case, your task is to identify the correct handicap in order to get the maximum payoff.
To uncover the handicap meaning, let’s use an example. Let's say Manchester United is playing against Arsenal, and you are confident that Man Utd will win. And suppose you are so confident in their victory that even if you take away one goal from their score, they will still prevail.
Based on this, you place a bet on Manchester United with a handicap of -1. Thus, if in the final of the game, there are 3 goals scored from the account, then the final score, taking into account the handicap, will be 2 (3-1=2). In this case, if Arsenal does not score any goals, your handicap bet wins as Manchester United will win 2:0.
Even if Arsenal had scored one goal, your bet would still have won since the final score would have been 2:1. But if Arsenal scores 2 goals, then you will lose, because the handicap score will be 2:2, even in the case of three goals scored by Manchester United players.
And the most interesting thing about this type of bet is how you manipulate the handicaps to get the highest chance of winning. As you increase the handicap, your bet becomes riskier, but it brings you higher odds, which in turn brings you higher winnings.
Handicap Betting: A Detailed Explanation
Handicap betting is an opportunity to equalize the odds of one of the teams if there is a clear favorite. Using this technique, players calculate the odds of each team winning in order to predict the most accurate scenario. Handicap betting is used to give a particular team a better chance of winning, especially if that team loses. Such bets are sometimes also called “bets against the spread”.
You probably think that handicap meaning is very difficult to understand. But handicap betting has never been easier with Parimatch. Our website is so easy to use that even a beginner can place a bet.
Handicap betting makes gambling more fun than standard sports betting. And also, the players get higher chances because of the higher risk.
Let's say you are playing tennis against Rafael Nadal. Obviously, every game will end in defeat for you. If the players bet on your matches, they would win, but the profit would be minimal.
This is where the term "equal chances" comes in. Now suppose Nadal plays with the other hand. It turns out that he is not in the most advantageous position, so your chance of winning becomes higher. The players most likely relied on the professional tennis player. However, given that it is more difficult for Nadal to win now, the chance is higher, and the bet will bring a big win.
In this case, handicap bets are when one side is given a handicap that they must overcome to win their bet. Assuming team 1 is the clear winner and team 2 is defeated, you give a handicap (-2) to team 1. So team 1 should win with 2 points taken away. If team 1 wins 4:1, you deduct 2 points, and the final handicap score will be 2:1. Considering this, team 1 wins, and you get the winnings from the bet. But if team 1 had won 3:1, then, taking into account the handicap, there would have been a draw, and you would have lost.
How Does Handicap Betting Work?
Over handicap betting may seem like an impossible task to you. But once you place a bet using the Parimatch platform, you will understand that everything is as easy as shelling pears. Below we will present you with a few examples of handicap bets to clearly understand how such bets work in real life. After reading our guide to the end, you can confidently place handicap bets and read the odds correctly.
Football Handicap Betting Explanation
The Parimatch platform is compatible with Android and iOS devices and allows you to plunge into the world of football betting, which can be done with handicaps as well. On our website, you can place live and pre-match football handicap bets.
Don't know how to place a handicap prediction on Parimatch? Can't you imagine how soccer handicap betting works?
Let's take a look at the example of a football match between Bayern (1) and Real Madrid (2), where Bayern is more likely to win.
| 1 (-3) | 19.5 | 2 (+2) | 1.01 |
| 1 (-2) | 13.00 | 2 (+1.5) | 1.09 |
| 1 (-1.5) | 6.40 | 2 (+1) | 1.12 |
| 1 (-1) | 5.60 | 2 (0) | 1.53 |
| 1 (0) | 2.48 | 2 (-1) | 2.90 |
| 1 (+1) | 1.41 | 2 (-1.5) | 3.55 |
| 1 (+1.5) | 1.27 | 2 (-2) | 6.40 |
| 1 (+2) | 1.09 | 2 (-2.5) | 7.20 |
| 1 (+2.5) | 1.07 | 2 (-3) | 12.50 |
| 2 (-3.5) | 13.00 |
As we can see, the result is as follows: 1 (-1.5) or 2 (+1). The numbers 1 and 2 outside the brackets are the winners of the match (the team playing at home or away). And the numbers in brackets are the handicap amount. On Parimatch, this number indicates the number of goals given to the team (numbers with a "+" sign) or the number of goals taken away from the team (numbers with a "-" sign).
If we carefully study the table above, we will see that the result in the upper left corner is 1 (-3). This means that Bayern (1) will win even with three goals deducted. Such an outcome is unlikely, so the odds are very high. But if you place a bet of 10,000 NGN on a similar match final, and it still happens, then you will win 195,000 NGN while making a profit of 185,000 NGN.
Place a bet on FOOTBALL HANDICAP
Types of Handicap Bets
On the Parimatch platform, you will always find a huge selection of sports, types of bets, and their options. We have the most competitive odds on any sporting event, making Parimatch the perfect place to make handicap bets on any sport, be it soccer, basketball, tennis, etc.
Let's find out what types of bets on handicaps you can place on Parimatch. Also, what's the difference between betting strategies, and how do they work? Here is the meaning of handicap bet types.
What Is a Level Handicap Bet?
A handicap level bet is a bet where no other team scores additional or deducted goals. An example of a level handicap would look like this: "1 (0) and 2 (0)".
For you to win, you need to choose which team will score more goals. In this variant of bets, there is no possibility for a draw. In this case, the rates are refunded.
What Is a Single Handicap Bet?
Single handicap betting is the primary type of such bet. In this case, the team either adds or subtracts one number of goals, for example, 1 or virtual "1.5". This type of bet is best suited in cases where one team is superior in strength to the other.
How to Place Handicap Bets on Parimatch
The Parimatch team is pleased to present you with our revolutionary sports betting platform. On our website, you will have the most immersive betting experience in all of Nigeria without ever leaving your home. Just visit Parimatch.ng, create your account, and immerse yourself in all the world's sporting events and a huge number of bets right from your mobile device (via mobile web version or Android app) or computer.
If you are new to the world of betting, there is no big deal. Our sports betting website is designed so that you can make money on your favorite sport without being a tech-savvy person. With a user-friendly control panel and an easy-to-use interface, you can easily understand how to place handicap bets online.
If you have already figured out what is a handicap in betting, then place your first bet right now. To do this, simply register an account with Parimatch.
Quick Guide to Handicap Betting at Parimatch
After registering for an account with Parimatch, you can easily place your handicap bet. Just like any other type of betting, handicap betting can be found in the top menu on any sporting event page.
But if you need help, just follow these instructions:
- If you haven’t created an account at Parimatch yet, then you need to register. The process itself will not take more than a few minutes, and you can make a quick transition using the yellow "Sign up" button in the upper right corner of the main page. To complete your registration successfully, just follow the instructions.
- When you register for an account, deposit funds into your account so you can place your first bet.
- Next, think about what type of bet you want to choose – pre-match or live. To place pre-match bets, visit “Sports” and choose the “Upcoming” section. For live bets – try "Live events".
- Suppose you decide to place a bet before a match, then click on the "Sports" tab. There you will see a list of all the sports available, as well as the most popular leagues and tournaments.
- If you find the league or tournament you want to wager on, click on it. If the event you need is missing, then choose another sport you want to bet on.
- Select the event you are interested in. There you will find a list of the games available.
- Select the match you want to bet on. Then you will be taken to a screen where all the available types of bets for this game are presented.
- Now, click on the “Handicap” category and select the bet you want to place. After that, the field will become highlighted, and the bet number will appear in your betslip.
- When you have placed all your desired bets, go to the betslip to complete the process. All bets that you have selected are displayed on this screen. Here you should check if everything matches your choice. You can place a multibet if you place several bets at the same time.
- If everything is correct, then click the "Place Bet" button below to complete the process.
Best Markets For Handicap Betting At Parimatch
It's not a secret for anyone that the widest selection of sports bets is available to players on Parimatch. On our platform, you will always find a huge list of sports that you can bet on, while all possible betting strategies are available to you. Just visit our handy website that can be used on desktops as well as on any Android or iOS device, and immerse yourself in the world of sports.
When it comes to handicaps in betting, you won't be disappointed. You have access to handicap bets on any sport in many formats. Whatever sport you like, be it football, basketball, tennis, or esports, you can always place handicap bets on your favorite match or game with Parimatch.
Place Handicap Pre-match or Live Bets at Parimatch
Our team provides players with access to all possible types of bets anywhere, anytime. That is why you can place a handicap bet in any format convenient for you. If you want to place a bet and go about your business, then there is an opportunity for you to make a pre-match bet. If you wish to take part in the game, live bets are suitable for you. But do not forget that the rates are constantly changing when you participate in live bets.
Top Reasons to Choose Parimatch for Handicap Betting
Any player can get to an unscrupulous bookmaker, who, moreover, will have to stand in a long queue. Also, if you don't have a choice of local bookmakers, then handicap betting can seem boring. But by joining Parimatch's player audience, you get a one-stop place where you can place diverse kinds of bets on various sporting events around the world without even having to leave your home. Very convenient, isn't it?
If you are still not sure if you should choose the Parimatch platform for handicap betting, then consider the following:
- The Parimatch website is a modern way to place bets on any kind of sport within one platform. The security of our website ensures the safety of any of your data. In addition, it does not take up any space on the device and does not drain the battery.
- Only on the Parimatch website you get access to sports events that are not available from other bookmakers. Here you can place handicap bets on any of your favorite sports with the highest odds.
- Parimatch cares about its customers, so here you will find not only a wide range of sports events but also the highest odds on the market. And this, in turn, gives you a chance for a very big win.
- The parimatch team values every client. Therefore, our customer service team is ready to assist you at any time, 24/7. You can contact us by phone, messengers (like Telegram, WhatsApp, etc.), or email.
Summary
We hope this guide has given you an understanding of how to place handicap bets and provided comprehensive handicap meaning. Remember that if there is a clear winner and a loser, you need to place one handicap bet. And if the teams have an equal advantage, you need to place a bet taking into account the handicap. If there is a slight difference in the ability of the teams, then you should split your handicap bet.
If you are not sure who will win, then examine the odds of both teams. In such a case, low odds indicate a more likely outcome. And the chances are high that the team is likely to lose. Handicap betting is a good opportunity to level the playing field in all possible scenarios. This type of bet is more fun than regular bets. And some players simply bet on their favorite team to compensate for the difference.
If you still have not figured out what is handicap in betting, please contact us! Our support team works 24/7 and is always ready to help you. Create a Parimatch account now and start making real money with Parimatch.