Handicap Betting Sites in India 2021

Handicap betting 1

Handicap betting has long been popular for sports fans. With there generally being a favorite and outsider for a sporting event, bookmakers use handicaps in order to balance the playing field. As such, punters can bet on teams and players overcome a negative handicap or take advantage of a head start. Handicap bets can be placed on events from a host of sports, including cricket, soccer, tennis and horse racing.

Many will have seen handicap markets at betting sites, however they may not understand how they work. This page will explain exactly what handicap betting is. We will also outline the pros and cons of this style of wagering, as well as how to get the most out of it.

The best Sites for Handicap Betting in India

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What is Handicap Betting?

Handicap markets offer an alternative to more traditional betting markets. Bookies will add or take away points, goals or other scores to and from sports teams and players in order to create even money contests. For example, a betting on a soccer team with a -2.5 goal handicap means that they must win by 3 or more goals for your wager to be successful. Simply put, one outcome holds a surplus, while the other has a deficit to make up.
Handicaps are generally split into two categories, Asian and European. Asian is perhaps the most popular, partly because it takes away the possibility of a tie, while European handicap bets are common because of their simplicity. Let’s take a closer look at the two options:

Asian Handicap

Asian handicaps are preferred by many punters. Here, the weaker team or player is offered an advantage over their opponents, thus levelling the playing field and giving them an equal chance of coming out on top. Asian handicaps also effectively eliminate the chance of your bet losing because of a tie.

European Handicap

Also known as the three-way handicap, this bet type offers three possible bets for each outcome. This includes backing the favorite, underdog or the draw. The final one is the main distinction between European and Asian handicaps. An example of a European handicap is found below:
Surrounding a soccer match between Spain and Austria. The potential handicap for this game could be Spain (-1) and Austria (+1), with the odds reflecting such outcomes:
Spain (-1) – 1.65
Draw (-1) – 3.90
Austria (+1) – 4.10

Why Punters Should Place Handicap Bets

Handicap bets are not a new strategy, however this bet type does open up a host of additional possibilities for punters. Handicap bets are particularly appealing when the traditional 1×2 wager is not appealing. This will normally be due to the fact that one team is priced significantly different to the other, because of their status as the favorite or underdog. For example, the odds offered for India to beat Bangladesh in a cricket Test match will be significantly lower than compared to the Men in Blue coming out on top despite having a points deficit. Handicap betting is also potentially more enjoyable and exciting, with those who research picks potentially earning some good returns.

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Maximize Your Advantages with Handicap Betting

Handicap betting offers the opportunity to earn some hefty returns, with those with a good knowledge of sports holding an advantage. However, there are some steps that can be taken by punters to maximize such advantages, with fine margins often separating winners and losers. Firstly, it is important to take advantage of appealing odds at the first possible opportunity. Some punters will see a handicap market and do their research, only to find out that the price has changed when they return.
It is also crucial that punters understand the handicaps offered by bookmakers. In terms of soccer games, if a team has a -2.5 deficit, they must not lose by 3 or more goals if your bet is to win. It is also important that punters are realistic when placing handicap bets. While odds on a higher handicap may be available, stick to likely outcomes instead. On top of this, bettors must adjust their stakes depending on the type of handicap taken advantage of. For example, those wagering on a basketball team to win by +14.5 points should stake less than those betting on them winning by just +2.5. Finally, it is important not to become too absorbed with handicap betting markets. Value can still often be found with 1×2 markets, with a balance between the two markets being advised.

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  • Indian Rupee as a currency
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Handicap Betting Examples

So that punters can understand exactly how handicap betting works, we have put forward a couple of examples. The first comes from English Premier League football.
For an encounter involving Aston Villa and Liverpool, Villa have been given a +1.5 advantage, while the Reds are given a -1.5 deficit. In the event of the match ending in a 2-0 win to Liverpool, those who bet on the Reds to win will their bets. However, those who backed Villa will lose. If the result was 2-1, winnings would be reversed.
Another example comes from T20 cricket, where handicaps are regularly introduced after the first innings had been completed. So, let’s suggest that India has posted a score of 200 runs after their 20 overs. Opponents Australia would then potentially be given a +20.5 run handicap, while the Men in Blue are given a -20.5 handicap. This means that if you bet on India, they must win by 21 or more runs.

Pros & Cons of Handicap Betting

If you are still not fully aware of the benefits and limitations of handicap betting, let’s now take a closer look at its main pros and cons. As you will see, as with other bet types, handicap betting is not perfect, however the positives certainly outweigh the negatives:

  • Enhanced Odds – When betting on the favorite from a sporting event, placing a handicap bet will increase the odds and potential returns, without adding significantly to the risk involved. Punters can also potentially even win their bet even if the team or player they bet on loses the event.
  • Asian – Those placing Asian handicap bets will eliminate the draw, meaning that there are only two potential outcomes.
  • Availability – Handicap betting is now available on the majority of sports. So, whether you are looking to bet on cricket, soccer, tennis or basketball, handicap options are likely to be available, in terms of both pre-match and in-play markets.
    • Prices – Punters will sometimes find that fixed odds markets are better for betting on outsiders than handicaps are.
    • Understanding – Especially for beginners to sports betting, handicap markets can be difficult to get to grips with. As a result, punters may lose bets because they have misunderstood the rules or the surplus/deficit involved.
    • Exchange – Those looking to place handicap bets on an exchange will not find as many willing participants. As such, it is often better to do so with a trusted bookmaker.

 

Handicap Betting Odds

Handicap betting will have an impact upon how odds are displayed by bookies and absorbed by punters. As a result, before placing bets, it is a must that customers completely understand how to interpret handicap prices. Odds will be generated in an attempt to create a level playing field, meaning that prices may not be as low or high as you would expect.

Handicap Betting Offers & Promotions

Betting promotions specific to handicap markets are few and far between. However, there are certainly offers that can be used when placing handicap bets. Whenever a free bet, bonus or money back offer is up for grabs, always be sure to check out the terms and conditions, ensuring that handicap bets are eligible beforehand. Some bookies will state that such wagers will not qualify, however this is rare.

What are the Alternatives to Handicap Betting?

1×2 – As we already mentioned, many punters turn to handicap betting in order to find better value than 1×2 markets. However, this is not to be said that appealing prices cannot be found here too. Here, rather than the winning margin, only the final result will determine whether your bet wins or loses.
Live – Handicap bets can often be placed both pre-match and in-play. However, it can sometimes be worth waiting until a sporting event has started before wagering. For example, punters can bet on the method of dismissal for the next wicket in cricket or the team to score the next goal in a soccer match
Over/Under – Rather than staking on a team or player to win despite having been handed a surplus or deficit, it can be worthwhile betting on there being over or under a certain amount of goals/points. Available in cricket, soccer, basketball and many other sports, this is another way of enhancing the odds.

Handicap Betting FAQs

How do I place a handicap bet?

In order to place a handicap bet, add your selection to your bet slip. Whether it be a Champions League soccer team to win by at least 2.5 goals or an NBA basketball team to override a -14.5 deficit, the process is simple.

Is It possible to make multi handicap bets?

Yes. Many handicap picks can be added to the same bet slip. However, punters must recognize that all selections must win in order for your bet to win.
Can I cash out a handicap Bet?
Yes. The vast majority of bookmakers offering handicap bets will ensure that such bets can be cashed out. This feature gives punters the opportunity to settle bets before their completion. However, it may only be on particular sports and markets.

Can I use my mobile for handicap betting?

Yes. It is simple to place handicap bets via your mobile device today. Many bookmakers offer dedicated betting apps. Those that do not will ensure that their sportsbook site works well on mobile browsers. The process of placing bets is the same as on desktop.

Should I expect to win every handicap bet I make?

No. As with any type of sports bet, handicap betting does not guarantee for profits. As such, punters should expect to lose from time to time, as well as win. Those who thoroughly research bets give themselves a better chance of beating the bookies.

Responsible Gambling

Whether it be handicap betting or another form of wagering on sporting events, it is important to act responsibly at all times. The convenience of online bookmakers often make it difficult to restrict your betting. However, it is vital that punters stick to a set budget and known when to quit. Those who chase after losses have the potential to get themselves into greater troubles. Our top ranked betting sites are associated with leading organizations, who work to offer support to gamblers at risk.

Bottom Line on Handicap Betting

Handicap betting has long been the preferred option for many punters. Its diversity and potential rewards make it appealing for those wagering on a host of sports, including cricket, soccer, tennis and basketball. Especially attractive when there is a clear favorite and outsider, a handicap bet can bring about some significant returns when used correctly. So, be sure to check out such markets for yourself at our recommended betting sites.

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