What is the Meaning of Handicap in Betting: A Brief Explanation

Handicap betting is a popular form of sports wagering that levels the playing field between two competing teams or players. This type of bet gives one team a virtual advantage or disadvantage to balance the odds. Here’s a brief explanation:

  • **What is a Handicap?** – A numerical value added to or subtracted from a team’s score to create more balanced odds.
  • **Types of Handicap:**
    • Single Handicap: Applies a whole number to a team’s score.
    • Split Handicap: Divides the stake between two handicaps, e.g., +0.5 and +1.
  • **How It Works:**
    • Example: If Team A has a -1 handicap, they must win by more than one goal for a bet to pay out.

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