You may have heard about betting odds. Betting odds can be used in various sports events, but they are primarily used in global sports such as football, basketball, baseball, volleyball, and even tennis.

Although handicap betting site wintips is one of the most popular types of markets in sports betting, many bettors still do not fully understand them. In fact, there are two main types of handicaps: the European handicap and the Asian handicap.

So, if you are someone who believes they can earn good profits from them and wants to learn more, here is a quick guide of Wintips.Com to help you understand this market better.

What is the European handicap?

More commonly known as the "3-way handicap." The European handicap is similar to the Asian handicap but is easier to participate in. It is a match or "penalty kick" for the stronger team.

These points are added or subtracted before the event starts. Your bet wins or loses based on the adjusted handicap level that you placed your bet on after the final outcome of the event.

However, unlike in the Asian handicap market, where a draw is not possible, this type of handicap betting offers three potential betting options: win, draw, and lose, hence why it is called a three-way handicap.

The European handicap also uses whole numbers contrary to decimal numbers used in the Asian handicap. Furthermore, it operates similarly to the 1X2 betting market.

Here is an example to help you grasp the concept better:

Manchester City is playing at home against Watford, and the likelihood of winning the match is 100%. The European handicap will favor the underdog team, which in this case is Watford, with a certain number of goals that Manchester City needs to overcome to be considered the winner.

Regardless of the final outcome of the match, if the European handicap is set at 3 goals, Manchester City will only be considered the winning team if they win by more than 3 goals.

Therefore, betting on Watford will be a winning bet even if they lose by fewer than three goals. The match will be considered a draw if Man City covers the handicap and wins by exactly 3 goals.

What is the Asian handicap?

The Asian handicap betting market is perfect if you prefer something less common than the 1X2 market.

In summary, the Asian handicap involves giving the stronger team a handicap in terms of goals, and the weaker team receives a higher goal advantage. So, to win the bet, you must back the team with a higher score, considering their handicap or corresponding advantage.

The goal of the Asian handicap is to ensure that a match does not end in a draw. Therefore, by eliminating the draw option, you will only have two choices: betting on the home team or the away team.

The difference between the European handicap and the Asian handicap

While the two handicap betting markets may seem similar, their differences can be categorized into three aspects: symbols or representation, numerical variations, and match results. Let's discuss each issue further below.

Symbols/Representation: One of the main differences between these two types of handicap betting lies in how they use different symbols to represent them.

In Asian handicap betting, it focuses on the skills of a specific team, so it uses undivided symbols like "-1.5" and/or "+1.5" to add or subtract for the stronger and/or weaker teams.

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On the other hand, since the European handicap presents a draw and is more concerned with relative capabilities, it uses ratios like "0:1" to represent the handicap.

Numerical Variations: Another difference to help distinguish between the two is in how they use numerical variations.

While some bettors may be more familiar with the European handicap, the Asian handicap has become increasingly popular because you only have to consider two choices. However, when deciding which one to use, it all depends on what suits you and where you can get higher profits.