If You Bet On Football At Betfair, Bet Asian Handicaps

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This football season Betfair are offering a reduced 0.75% commission on Asian Handicap markets. So why should we choose to bet Asian Handicaps at Betfair? Today Andrew explains.

With the ambition of enhancing market liquidity, Betfair have been offering reduced commission on football Asian Handicap markets this season. The promotion will continue until the 3rd of December at which point Betfair will look to extend the promotion for the entire football season.

How can you help improve Betfair's Asian Handicap market liquidity and extend the reduced commission rate offer while enhancing your betting returns? When you're betting football at Betfair, bet Asian Handicap markets.

"Why Bet Only Asian Handicap At Betfair?"

I've written on the topic of bookmaker commission previously, but the answer is pretty simple. Why pay the usual commission rate when on win/draw/loss football markets when you can take advantage of a reduced commission on Asian Handicap markets? It's pretty obvious right? And it makes a big difference.

The chart above shows your overall betting bank when betting at a standard 5% commission as opposed to 0.75%, starting with a bank of £1,000, betting 2% of your increasing bank with an average win-rate of 55% over 100 bets. As you can see and would expect, the difference is significant. In fact betting at the reduced rate of 0.75% commission means you can make a profit with a win-rate that at 5% commission would see you take a significant loss. 

So if you're betting football at Betfair, with the current reduced commission rate, it only makes sense to bet Asian Handicap.

"How Do I Know I'm Getting Good Asian Handicap Odds?"

A good question. If you're comfortable only betting win/draw/loss results, making the transition can be difficult. Perhaps you're well skilled at determining probabilities and setting odds for win/draw/loss betting. But how do you convert those win/draw/loss probabilities into Asian Handicap odds?

Fortunately this is a topic that was covered by our excellent blogger Mark Taylor in his piece titled How To Set Asian Handicap Odds. Mark offers us a detailed explanation of how to convert win/draw/loss probabilities to their Asian Handicap equivalent.

But it's better than that. You'll also be able to download Mark's Asian Handicap converter spreadsheet. Simply input your win/draw/loss probabilities and it will give you the odds you should be seeking for a range of Asian Handicaps.

"But Asian Handicaps Are Confusing"

This is a common (and lazy) response when encouraging people to bet Asian Handicap. And yes, at first glance Asian Handicap can appear a little baffling. I mean, what's the deal with the whole 0.25 thing? Am I right people?

But seriously folks, to the uninitiated, the dynamics of Asian Handicap betting can indeed be confusing. But once you get your head around it, it's really not that difficult.

Let's look at a straightforward example:

Manchester United have a handicap of -0.5 at home against Aston Villa who have a handicap of +0.5. What does this mean? Well it simply means that if you bet on Manchester United, they have to win by at least a goal for you to win that bet. If you bet on Villa, they only have to win or draw for your bet to be a winner.

The mechanics are simple. You just subtract 0.5 goals from Man United's fulltime score and if they're score still exceeds Villa's fulltime score, your bet on Man United is a winner. On the other hand, if you bet on Villa +0.5, you simply add 0.5 goals to Villa's fulltime score. If their fulltime score exceeds Man United's, your bet on Aston Villa is a winner.

Ok so what about those quarter Asian Handicaps, like +0.75 and -0.25 and the like? (I hear you say.) Well it's not as confusing as it looks. Here's an example.

Let's say Chelsea have a -0.75 handicap at home against Everton, who of course, have a +0.75 handicap. Well it works like this. If Chelsea win by 2 or more goals, your bet on Chelsea is a winner. However, if they win by just 1 goal (beating the handicap by just 0.25 goals), half of your bet is a winner and half is returned. The reverse works for a bet on Everton. If Everton lose by 1 goals (beaten by the handicap by 0.25 goals) half of your bet is lost and the other half is returned.

Well it's because a quarter handicap bet is essentially a bet on two different handicaps. For example, a +1.25 handicap is half a bet on a +1 goal handicap and half on a +1.5 goal handicap. So when a team with this handicap loses by 1 goal, the +1 goal handicap half bet is voided while the +1.5 goal handicap half bet is a winner.

This is by no means an exhaustive explanation of every potential Asian Handicap outcome. So here is an easy reference guide to follow when making your asian handicap bets.

HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
0 Win Win 0 Win Win
Draw Bet Returned Draw Bet Returned
Lose Lose Lose Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 0.25 Win Win + 0.25 Win Win
Draw Lose Half Bet Draw Win Half Bet
Lose Lose Lose Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 0.50 Win Win + 0.50 Win Win
Draw Lose Draw Win
Lose Lose Lose Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 0.75 Win by 2+ Win + 0.75 Win Win
Win by 1 Win Half Bet Draw Win
Draw Lose Lose by 1 Lose Half Bet
Lose Lose Lose by 2+ Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 1.00 Win by 2+ Win + 1.00 Win Win
Win by 1 Bet Returned Draw Win
Draw Lose Lose by 1 Bet Returned
Lose Lose Lose by 2+ Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 1.25 Win by 2+ Win + 1.25 Win Win
Win by 1 Lose Half Bet Draw Win
Draw Lose Lose by 1 Win Half Bet
Lose Lose Lose by 2+ Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 1.50 Win by 2+ Win + 1.50 Win Win
Win by 1 Lose Draw Win
Draw Lose Lose by 1 Win
Lose Lose Lose by 2+ Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 1.75 Win by 3+ Win + 1.75 Win Win
Win by 2 Win Half Bet Draw Win
Win by 1 Lose Lose by 1 Win
Draw Lose Lose by 2 Lose Half Bet
Lose Lose Lose by 3+ Lose
HandicapMatch ResultBet ResultHandicapMatch ResultBet Result
- 2.00 Win by 3+ Win + 2.00 Win Win
Win by 2 Bet Returned Draw Win
Win by 1 Lose Lose by 1 Win
Draw Lose Lose by 2 Bet Returned
Lose Lose Lose by 3+ Lose

"So What Was The Point Again?"

The point is simple. While Betfair are offering reduced commission on Asian Handicap markets, if you're betting on football at Betfair, the smart choice is to bet on Asian Handicaps. As a result, hopefully Betfair's Asian Handicap market liquidity is improved and Betfair extend the offer from December to the end of the season.

Good luck!

 

 

Start betting on asian handicaps at Betfair today.

bettingexpert blog editor. Always taking the alternative route to finding the value.