Lessons

Advanced Lessons And Strategies

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ARB304: Asian handicaps

It is not uncommon for arbitrage opportunities to involve one Asian handicap leg. Fortunately, arb-finding alert services do the hard work for you in identifying cross-market arbs and advising the two bets you need to place in order to secure the arb.

It is, however, in an arbers best interest to appreciate the general workings of Asian handicaps so that on the off chance your alert service makes a mistake you can catch it before you place any bets.

Asian handicaps are a specific type of handicap wager invented in Asia and, like line betting, there are only two possible selections to bet on: home win or away win. Asian handicaps eliminate the draw as a result. The underdog will be given a points head start Рthey will have the amount of the handicap added to their final score in determining the outcome of the bet. The handicap for the underdog is indicated by a plus sign (+).

The favourite will be given a points disadvantage – they will have the amount of the handicap subtracted from their final score in determining the outcome of the bet. The handicap for the favourite is indicated by a minus sign (-).

The primary difference from line betting is that Asian handicaps are offered at 0.25, 0.5 and 0.75 intervals. For example wagering $100 on:

  • AH+0.25 is equivalent to wagering $50 on AH+0 and $50 on AH+0.5; or
  • AH+0.75 is equivalent to wagering $50 on AH+0.5 and $50 on AH+1

The Asian handicap table

At first Asian handicaps can be confusing to understand, so Sports Arbitrage Australia has devised the below table that new arbers can use as quick reference when arbing:

sports arbitrage australia logo

TEAM RESULT

Win by 2 or more goals Win by 1 goal Draw Lose by 1 goal

Lose by 2 or more goals

HANDICAP AMOUNT

+ 1.5 Win Win Win Win Lose
+ 1.25 Win Win Win Half win half no bet Lose
+ 1 Win Win Win No bet Lose
+ 0.75 Win Win Win Half no bet half lose Lose
+ 0.5 Win Win Win Lose Lose
+ 0.25 Win Win Half win half no bet Lose Lose
+ 0 Win Win No bet Lose Lose
– 0.25 Win Win Half no bet half lose Lose Lose
– 0.5 Win Win Lose Lose Lose
– 0.75 Win Half win half no bet Lose Lose Lose
– 1 Win No bet Lose Lose Lose
– 1.25 Win Half no bet half lose Lose Lose Lose
– 1.5 Win Lose Lose Lose Lose

 

KEY Settlement of wager
win Your wager wins
half win

half no bet

Half of your wager wins; and

Half of your wager is void and stake returned

no bet Your wager is void and stake returned
half no bet

half lose

Half of your wager is void and stake returned; and

Half of your wager loses

lose Your wager loses

 

The table indicates the win/loss result of an Asian handicap wager dependant on the handicap points and outcome of the match.