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What Is Handicap Betting? (Meaning & Benefits)

Learn what handicap betting is, how it works on Chips.gg Sports, and the key benefits of using handicaps to balance your wagers and boost betting strategy.

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Handicap betting is a way to level the playing field when one team or player is heavily favored. By giving the underdog a virtual advantage or the favorite a head start, handicap bets make matches more competitive. Understanding handicaps helps you find value, manage risk, and place smarter bets on Chips.gg.



What Is Handicap Betting?

A handicap bet assigns a virtual advantage or disadvantage to teams or players to balance the odds.

  • Favorites may start with a negative handicap

  • Underdogs may start with a positive handicap

This creates more competitive betting markets, even in one-sided matches.


Types of Handicap Betting

Chips.gg supports multiple types, including:

  • Asian Handicap (no-draw, half-goals)

  • European Handicap (full-goal handicap, three-way)

  • Three-Way Handicap (win, lose, draw)

Each type adjusts odds differently and can be used strategically depending on the sport.


Benefits of Handicap Betting

Handicap betting offers several advantages:

  1. Balanced odds: makes heavily favored teams more interesting to bet on

  2. Increased value: better potential payouts than standard bets

  3. Risk management: reduces the impact of mismatched teams on your bankroll

  4. Strategic flexibility: multiple handicap types allow tailored betting strategies


Which Sport(s) Offer Handicap Betting?

Football (Soccer)

  • Most popular sport for handicap betting

  • Offers Asian Handicap (no-draw, half-goal, quarter-goal) and European Handicap (full-goal, three-way)

  • Perfect for matches with clear favorites or mismatched teams

Basketball

  • Commonly uses point spreads as a handicap

  • NBA, EuroLeague, and other international leagues offer handicap markets

  • Helps level the field between strong and weak teams

American Football (NFL / College Football)

  • Point spreads dominate as a form of handicap

  • Allows bets on favorites with a virtual points deficit

  • Used widely in both professional and college leagues

Ice Hockey

  • Goal handicaps available for NHL and European leagues

  • Asian and European-style handicaps are offered

  • Helps balance odds for lopsided matchups

Rugby

  • Handicap betting popular in mismatched games

  • Spread is applied to balance heavy favorites

  • Available in both Rugby Union and Rugby League matches

Esports

  • Select esports like CS:GO, Dota 2, League of Legends

  • Handicap applied to rounds, maps, or objectives

  • Makes competitive matches more exciting for betting


How to Place a Handicap Bet on Chips.gg

  1. Navigate to Sports and select your match

  2. Choose the Handicap market

  3. Select the type of handicap (Asian, European, etc.)

  4. Pick your team or player with the assigned handicap

  5. Enter your stake and confirm the bet


Example of Handicaps

Handicap betting makes unbalanced matches more exciting and strategic.

Game is Everton FC (E) versus Leicester City (E)

Three handicaps are offered here: Draw no Bet, Handicap and Asian Handicap

Draw No Bet

This removes the possibility of a draw if the game ends in a draw, your stake is refunded.

Example:

Everton FC (E): 1.14

Leicester City (E): 5.00

This is technically a simplified handicap where the draw is excluded.

Handicap

These are standard full and half-goal handicaps, also called European handicaps.

Example:

(-1) Everton FC: 2.40

(+1) Leicester City: 1.50

Here, the number represents the goal advantage or deficit applied before the match result is settled.

Asian Handicap

These are split handicaps, allowing for half wins or refunds, which reduce the risk of losing the full stake.

Example:

(-0.25) Everton FC: 1.35

(0.25) Leicester City: 2.90

Asian handicaps are more nuanced, with quarter-goal increments, giving partial wins or losses.



By understanding how handicaps work and the benefits they provide, you can bet smarter and enjoy more competitive odds on Chips.gg Sports.

Place your sports bets NOW!

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