Example Of Handicap Betting
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Find european handicap tips, examples, systems and strategies. Read our explanation article and become successful in european handicap betting.
*When betting with a handicap, the difference in goals in favor of one of the teams is taken. For example, in English bookmakers a bet with a handicap of.
*Learn about strategies that handicappers use for making lines and how to employ them to handicapping NFL games on your own.Sports Betting Guide
Although handicaps are one of the most important types of bets in the world, many punters still don’t understand them. In this guide, we have decided to help you and provide both the definition and types of handicaps with the use of understandable examples. Let’s start from the beginning…What are the handicaps?
Handicap is a type of a bet in which the bookmaker gives a theoretically weaker team an advantage of points/goals to even the chances of victory for both teams. Handicap is set before the start of the event and is then added to the final result.
In which disciplines we can use handicaps?
Handicaps can be used in all disciplines of sport starting with global sports like football, handball, basketball or volleyball, popular American sports like baseball, hockey or american football or even tennis. It is one of the most popular kinds of sports betting.Differences between European and Asian handicaps
There are two main types of handicaps: European and Asian handicaps. European handicaps (EH) differ from their Asian (AH) counterpart in a few ways. The first distinction are different symbols for European and Asian handicaps. The next difference which helps to distinguish these two kinds of handicaps is the difference in quantity of the game variants.
There are three possible outcomes to choose from in European handicaps with only two in Asian ones. Last difference between these two types of handicaps is the fact that the European handicaps use irrational numbers for creation of the so-called handicap line (0:1, 0:2), while in case of the Asian handicaps the rational numbers are used (1/2, 3/4).European handicaps
How did jesse james became famous. European handicaps are simpler to understand than their Asian counterparts. European handicaps (0:1) are equated to the variant X2 for the win of guest team which doesn’t mean that the odds in both cases will be the same. Let’s imagine an example scenario for the European handicap:
EH Manchester United – Stoke City (0:1) [-1] Manchester 2.30 / Draw 3.60 / [+1] Stoke
1. Placing a bet for Manchester United with the 2,30 odds. We win if United players win with a goal difference of 2 or more goals. (2:0, 3;1, 4:1, 6:1 and so on).
2. Predicting the end of the match as a draw with the 3,60 odds. We win if Manchester United wins with a goal difference of 1 goal (results 1:0, 2:1, 3:2, 4:3).
3. Predicting the win for Stoke [+1] with the 2,90 odds. We win the bet if Stoke wins or the match ends with a draw (1:2, 2:2).
Which bookmakers have European handicaps in their offers?
Expekt, BetsafeAsian handicaps
There are several types of Asian handicaps. The most popular are:
Draw no bet (DNB) handicaps:
The simplest Asian handicap is Draw No Bet (DNB). If the match we have chosen ends with a regular draw (or a draw considering the handicaps) then our stake will be returned to us.
Example: we have a match between Arsenal and Sunderland (AH +1) we predict 1 and the match ends with the win of Arsenal 1-0, after setting the handicap we have the result 2-2 and then have the stake returned to us according to the ‘draw no bet’ principle.
Non-integral handicaps:
We bet for the Real (-0.5) – Valencia match for 1 or the win of Real with the Asian handicap -0,5, subtract from the quantity of the scored goals by Real which is then equaled to the win of Madrid team. If the match ends in a 1-1 draw considering the handicap, our result will be (0.5-1) or our ‘one’ for the win of Real won’t pass, our coupon loses. If the match ends with the result 2-1 for Real, then taking into consideration the handicap our result will be 1.5-1 or our ‘one’, which means that our bet coupon wins. If we decide to bet for a ‘two’ with such handicap then it will be equaled to betting against Real Madrid or X2 (a draw or a win of guests results in a win).
Quarter handicaps:
Quarter handicaps are the most difficult kind of handicaps. Its essence lies in the division of non-integral handicaps into 2 bets (division of a bet into 2 variants). Let’s imagine that we bet for the Bayern (-0.25) – Schalke match for ‘1’ with the win of Bayern. In practice, this means that we bet in proportions: Half of the bet goes for Bayern (-0.5) – Schalke for ‘1’ and the remaining half of the bet goes for Bayern (+0) – Schalke = Bayern – Schalke (DNB), also for ‘1’.
Calculation of quarter handicaps:
If Bayern wins – we win the entire bet.
If the match ends in a draw – we lose half of the bet and the second half will be returned to us.
If Schalke wins – we lose the whole bet.
This image explains how the simplest Asian Handicap works.
Asian handicap adjusted with a final score could result in a draw. This situation is not a draw, but a push and You receive a refund of your stake.
Below we have image demonstrating the -5 +5 Asian Handicap. In this situation there is no ‘PUSH’ option that is backing your stake but only ‘Win’ and ‘Loose’ options.
Below we can see a structure of the bet result of the 1.25 (-1, -1.5, +1, +1.5) Asian Handicap explained in a graphical illustration, we hope this will make this difficult Asian bet much easier for you.Advantages of the Asian handicap:
*High limits (you can play for a lot of money)
*Huge, even up to 50%, chances for a win
*In some handicaps, in case of a loss you can get the void of all or half of your stake.
Which bookmakers have an Asian handicaps in their offer?
Unibet, Ladbrokes, Redbet, BetVictor Western southern open draw 2017.Handicap scoring in bowling: Though the second bowler’s scratch score 183 is higher than the first bowler’s scratch score 181, the first bowler’s higher handicap (58 vs. 53) causes his total 239 to exceed the second bowler’s total 236.Example Of Handicap Betting
Handicapping, in sport and games, is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. The word also applies to the various methods by which the advantage is calculated. In principle, a more experienced participant is disadvantaged, or a less experienced or capable participant is advantaged, in order to make it possible for the less experienced participant to win whilst maintaining fairness. Handicapping is used in scoring many games and competitive sports, including go, shogi, chess, croquet, golf, bowling, polo, basketball, and track and field events. Handicap races are common in clubs which encourage all levels of participants, such as swimming or in cycling clubs and sailing clubs, or which allow participants with a variety of standards of equipment. Often races, contests or tournaments where this practice is competitively employed are known as Handicaps.
Handicapping also refers to the various methods by which spectators can predict and quantify the results of a sporting match. The term is applied to the practice of predicting the result of a competition, such as for purposes of betting against the point spread. A favored team that wins by less than the point spread still wins the game, but bets on that team lose.
In either case the handicapper is the person who sets the handicaps for the activity. Etymology[edit]
The term handicap derives from hand-in-cap, referring to a system wherein players placed bets or money into the cap of a neutral arbiter to reach an agreement as to the relative values of items sought to be traded.[1]Competition handicapping[edit]
In a ’result adjustment’ style handicap event, the outcome may be adjusted by some factor determined by the handicap. Some forms of car or yacht racing.[2] In this case, the winner, on elapsed time, may differ from the fastest competitor when the times have been adjusted for the different competitors’ handicaps.
In a ’pursuit’ style handicap race, all participants are clocked in a time trial before the race. When this takes place at the same event as the main race, it is known as the handicap. In the race itself, the participants do not all start at the same ’Go’; the starts are staggered, based on the handicaps. The slowest swimmer, or cyclist, for example, starts first and the fastest starts last, making the end of the race (hopefully) close. An ideal handicap race is one in which all participants finish at the same time.[3] The winner is the person who beats his or her own time.
Similarly, physically staggered starting positions can be used, for example, in greyhound racing a handicap race is where greyhounds (based on their ability) start from different starting traps set at different measurements from the finish line, and in human foot racing, for example, the Stawell Gift.
Some motorsport events, especially in sports car racing, demand teams to stop the vehicle in the pitbox a fixed period of time depending on the drivers’ classification, thus giving advantage to less skilled drivers. An example of a championship using this system is the International GT Open. The advantage of this system over ballast weight systems is that vehicles have the normal performance on track, so better drivers will be able to recover time and overtake slower drivers.
Contrarily, horse race handicapping is implemented using extra weight.Horse racing[edit]
A handicap race in horse racing is a race in which horses carry different weights, allocated by the handicapper. A better horse will carry a heavier weight, to give him or her a disadvantage when racing against slower horses. The handicapper’s goal in assigning handicap weights is to enable all the horses to finish together (in a dead heat).
The skill in betting on a handicap horse race is in determining which horse can overcome its handicap.[4]
In addition to the Daily Racing Form, other data sources include Brisnet, Equibase, The Ragozin Sheets, and Thoro-Graph.[5]Golf[edit]
Handicapping in the sport of golf enables players and teams of varying abilities to compete against one another. A golf handicap is a numerical measure of a golfer’s potential or ’average best’. Better players are those with the lowest handicaps.Chess[edit]
Types of chess handicaps include:
*the stronger player surrenders a certain piece or pieces
*the weaker player has extra moves at the beginning of the game
*the weaker player has extra time on the chess clock
*the odds-giver to deliver checkmate with a specified pieceGo[edit]
Handicapping in go includes the weaker player being given an advantage by placing a number of stones before the stronger player commences, and by final points adjustment.Shogi[edit]
Handicapping in shogi is achieved by removing one or more pieces from the stronger player’s side. Shogi (Japanese chess) and many of its variants have handicaps.Example Of Handicap Betting LineGliding[edit]Polo[edit]
The polo handicap is an estimation of the player’s worth to his or her team. It is an overall rating of a player’s horsemanship, team play, knowledge of the game, strategy and horses. The difference between the total of the polo handicaps for the players on each team is then used to determine the minimum score difference for the better team to score to enable them to win.
In polo, every player is awarded an individual handicap depending on performance. Handicap commissions of the national associations meet several times a year to decide players’ handicaps.[6]
Argentina: 0 to 10
USA: C (-2), B (-1), B+ (-0.5), A (0), A+ (0.5), 1.0, 1.5, 2 to 10
England: -2 to 10Sailing[edit]
Handicaps for sailing vessels in sailing races have varied throughout history, and they also vary by country, and by sailing organisation. Sailing handicap standards exist internationally, nationally, and within individual sailing clubs.Example Of Handicap Betting Odds
Sailing race handicaps may be based on vessel capability and-or crew experience, and today typically adjust the time a vessel takes to reach the finish point of the race.Tennis[edit]Motorcycle speedway[edit]
The Calculated Match Average is a handicap calculated for every motorcycle speedway rider.Example Of Handicap Betting SitesOutcome prediction[edit]Middle and arbitrage bets[edit]
There are strategies that involve differences in the lines on the same event at different books. One bet is called a ’middle’, which when a player finds two books that offer different point spreads for the same event. They will bet the more favorable spread at both books, and if the final score falls between the two, the bettor will win both bets. On the other hand, if the total falls outside the range of the ’middle’ the bettor only loses a small percentage of a bet (the ’juice’ or ’vig’ taken by the house). Twin river bingo times table.
For example, Book 1 has Team A as a 3-point favorite, and Book 2 has team B as a 3-point favorite. If a player bets Team B at Book 1, and Team A at Book 2, he will win both bets if either side wins by 2 or less points, and will win one bet and lose the other (known as a ’side’) if either team wins by 3 points.
Another strategy, known as arbitrage, or an ’arb’ or ’scalp’, involves finding different moneylines for the same event. In this case, the bettor will bet the more favorable line at both books, and have a guaranteed profit. For example, if Book 1 considers Team A to be worth +200 (2 to 1 underdog), and Book 2 considers Team B to be worth +200, a bettor can bet Team A at Book 1, and Team B at Book 2, and guarantee a 100% profit. This is a no-risk bet, as the player is guaranteed a profit no matter the result of the game.[citation needed]Famous handicappers[edit]
The first very well known sports handicapper in American culture was Jimmy ’The Greek’ Snyder.[7] During his career he worked for CBS on their Sunday morning show, The NFL Today. Because sports betting had a social taboo at the time, Snyder was not allowed to mention betting on games specifically. Instead, he would predict the score. Over the years the attitude towards sports betting, and handicapping in general, has changed. Billy Walters was profiled by 60 Minutes because of his handicapping abilities.[8] Billy Walters, and other unknown members of the Computer Group, developed a system for handicapping games and beating Las Vegas sportsbooks. The Huffington Post covered Jon Price a reclusive sports bettor that hires Ph.D’s and works off of algorithmic information for his predictions.[9]ESPN wrote an article on Haralabos Voulgaris naming him as the one of the premier NBA handicappers in the world.[10] He claims to have developed a system that uses advanced statistical analysis to predict the outcomes of games. In the past, very few people did any mathematical calculations when handicapping sporting events. Predictions were usually made from hunches or information not readily available to the public. However, with the advancement of technology computers powerful enough to run advanced simulation models now frequent homes and offices. Advanced statistics such as DVOA, Win Shares and Points per Possession are talked about in mainstream media. Brian Burke, author of The Fifth Down blog featured in the New York Times, wrote a formula using advanced statistical techniques that has shown consistency correctly predicting NFL winners.[11] Handicapping, as a profession, is very similar to being a stock analyst. Like Wall Street did in the 1970s, the sports handicapping industry is undergoing a quantitative revolution. Many successful handicappers also use money management systems similar to financial investment professionals. The most popular, and mathematically superior, system is the Kelly criterion. It is a formula for maximizing profits and minimizing losses based on payout odds and win probability of the underlying asset.See also[edit]Example Of Handicap Betting RulesReferences[edit]
*^’handicap, n.’ The Oxford English Dictionary. 2nd ed. 1989. OED Online. Oxford University Press. 8 Oct. 2008 ’Archived copy’. Archived from the original on May 24, 2011. Retrieved 2008-10-08.CS1 maint: archived copy as title (link).
*^’History of the PY’(PDF). Royal Yachting Association. Retrieved 23 June 2013.
*^[1]Archived 2011-01-31 at the Wayback Machine UK Horse Racing. Accessed 5 February 2011.
*^’Archived copy’. Archived from the original on 2010-10-31. Retrieved 2011-02-05.CS1 maint: archived copy as title (link) British Horseracing Authority. Accessed 5 February 2011.
*^’Horse Racing Wagering’. Equine Info Exchange. 1 January 2020.
*^’The Polo Handicap’. Polo Plus Ten. 17 July 2015.
*^Pace, Eric. ’Jimmy ’The Greek’ Snyder; A Sports Oddsmaker’. New York Times. Retrieved 22 April 1996.Check date values in: |access-date= (help)
*^Logan, Lara. ’Sports Betting: Billy Walters’. CBSNewsOnline. Retrieved 16 January 2011.
*^Jensen, David. ’Seeking PHD’s Who Minor in Sports’. The Huffington Post. Retrieved 21 September 2015.
*^Eden, Scott. ’Meet The World’s Top NBA Gambler’. ESPN The Magazine. ESPN. Retrieved 21 Feb 2013.
*^Burke, Brian. ’Game Probabilities Are Back’. New York Times. Retrieved 27 September 2012.
*Beyer, Andrew (May 6, 1994). Picking Winners : A Horseplayer’s Guide (Reissue ed.). Houghton Mifflin. ISBN0-395-70132-5.External links[edit]Retrieved from ’https://en.wikipedia.org/w/index.php?title=Handicapping&oldid=1006583032’
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Find european handicap tips, examples, systems and strategies. Read our explanation article and become successful in european handicap betting.
*When betting with a handicap, the difference in goals in favor of one of the teams is taken. For example, in English bookmakers a bet with a handicap of.
*Learn about strategies that handicappers use for making lines and how to employ them to handicapping NFL games on your own.Sports Betting Guide
Although handicaps are one of the most important types of bets in the world, many punters still don’t understand them. In this guide, we have decided to help you and provide both the definition and types of handicaps with the use of understandable examples. Let’s start from the beginning…What are the handicaps?
Handicap is a type of a bet in which the bookmaker gives a theoretically weaker team an advantage of points/goals to even the chances of victory for both teams. Handicap is set before the start of the event and is then added to the final result.
In which disciplines we can use handicaps?
Handicaps can be used in all disciplines of sport starting with global sports like football, handball, basketball or volleyball, popular American sports like baseball, hockey or american football or even tennis. It is one of the most popular kinds of sports betting.Differences between European and Asian handicaps
There are two main types of handicaps: European and Asian handicaps. European handicaps (EH) differ from their Asian (AH) counterpart in a few ways. The first distinction are different symbols for European and Asian handicaps. The next difference which helps to distinguish these two kinds of handicaps is the difference in quantity of the game variants.
There are three possible outcomes to choose from in European handicaps with only two in Asian ones. Last difference between these two types of handicaps is the fact that the European handicaps use irrational numbers for creation of the so-called handicap line (0:1, 0:2), while in case of the Asian handicaps the rational numbers are used (1/2, 3/4).European handicaps
How did jesse james became famous. European handicaps are simpler to understand than their Asian counterparts. European handicaps (0:1) are equated to the variant X2 for the win of guest team which doesn’t mean that the odds in both cases will be the same. Let’s imagine an example scenario for the European handicap:
EH Manchester United – Stoke City (0:1) [-1] Manchester 2.30 / Draw 3.60 / [+1] Stoke
1. Placing a bet for Manchester United with the 2,30 odds. We win if United players win with a goal difference of 2 or more goals. (2:0, 3;1, 4:1, 6:1 and so on).
2. Predicting the end of the match as a draw with the 3,60 odds. We win if Manchester United wins with a goal difference of 1 goal (results 1:0, 2:1, 3:2, 4:3).
3. Predicting the win for Stoke [+1] with the 2,90 odds. We win the bet if Stoke wins or the match ends with a draw (1:2, 2:2).
Which bookmakers have European handicaps in their offers?
Expekt, BetsafeAsian handicaps
There are several types of Asian handicaps. The most popular are:
Draw no bet (DNB) handicaps:
The simplest Asian handicap is Draw No Bet (DNB). If the match we have chosen ends with a regular draw (or a draw considering the handicaps) then our stake will be returned to us.
Example: we have a match between Arsenal and Sunderland (AH +1) we predict 1 and the match ends with the win of Arsenal 1-0, after setting the handicap we have the result 2-2 and then have the stake returned to us according to the ‘draw no bet’ principle.
Non-integral handicaps:
We bet for the Real (-0.5) – Valencia match for 1 or the win of Real with the Asian handicap -0,5, subtract from the quantity of the scored goals by Real which is then equaled to the win of Madrid team. If the match ends in a 1-1 draw considering the handicap, our result will be (0.5-1) or our ‘one’ for the win of Real won’t pass, our coupon loses. If the match ends with the result 2-1 for Real, then taking into consideration the handicap our result will be 1.5-1 or our ‘one’, which means that our bet coupon wins. If we decide to bet for a ‘two’ with such handicap then it will be equaled to betting against Real Madrid or X2 (a draw or a win of guests results in a win).
Quarter handicaps:
Quarter handicaps are the most difficult kind of handicaps. Its essence lies in the division of non-integral handicaps into 2 bets (division of a bet into 2 variants). Let’s imagine that we bet for the Bayern (-0.25) – Schalke match for ‘1’ with the win of Bayern. In practice, this means that we bet in proportions: Half of the bet goes for Bayern (-0.5) – Schalke for ‘1’ and the remaining half of the bet goes for Bayern (+0) – Schalke = Bayern – Schalke (DNB), also for ‘1’.
Calculation of quarter handicaps:
If Bayern wins – we win the entire bet.
If the match ends in a draw – we lose half of the bet and the second half will be returned to us.
If Schalke wins – we lose the whole bet.
This image explains how the simplest Asian Handicap works.
Asian handicap adjusted with a final score could result in a draw. This situation is not a draw, but a push and You receive a refund of your stake.
Below we have image demonstrating the -5 +5 Asian Handicap. In this situation there is no ‘PUSH’ option that is backing your stake but only ‘Win’ and ‘Loose’ options.
Below we can see a structure of the bet result of the 1.25 (-1, -1.5, +1, +1.5) Asian Handicap explained in a graphical illustration, we hope this will make this difficult Asian bet much easier for you.Advantages of the Asian handicap:
*High limits (you can play for a lot of money)
*Huge, even up to 50%, chances for a win
*In some handicaps, in case of a loss you can get the void of all or half of your stake.
Which bookmakers have an Asian handicaps in their offer?
Unibet, Ladbrokes, Redbet, BetVictor Western southern open draw 2017.Handicap scoring in bowling: Though the second bowler’s scratch score 183 is higher than the first bowler’s scratch score 181, the first bowler’s higher handicap (58 vs. 53) causes his total 239 to exceed the second bowler’s total 236.Example Of Handicap Betting
Handicapping, in sport and games, is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. The word also applies to the various methods by which the advantage is calculated. In principle, a more experienced participant is disadvantaged, or a less experienced or capable participant is advantaged, in order to make it possible for the less experienced participant to win whilst maintaining fairness. Handicapping is used in scoring many games and competitive sports, including go, shogi, chess, croquet, golf, bowling, polo, basketball, and track and field events. Handicap races are common in clubs which encourage all levels of participants, such as swimming or in cycling clubs and sailing clubs, or which allow participants with a variety of standards of equipment. Often races, contests or tournaments where this practice is competitively employed are known as Handicaps.
Handicapping also refers to the various methods by which spectators can predict and quantify the results of a sporting match. The term is applied to the practice of predicting the result of a competition, such as for purposes of betting against the point spread. A favored team that wins by less than the point spread still wins the game, but bets on that team lose.
In either case the handicapper is the person who sets the handicaps for the activity. Etymology[edit]
The term handicap derives from hand-in-cap, referring to a system wherein players placed bets or money into the cap of a neutral arbiter to reach an agreement as to the relative values of items sought to be traded.[1]Competition handicapping[edit]
In a ’result adjustment’ style handicap event, the outcome may be adjusted by some factor determined by the handicap. Some forms of car or yacht racing.[2] In this case, the winner, on elapsed time, may differ from the fastest competitor when the times have been adjusted for the different competitors’ handicaps.
In a ’pursuit’ style handicap race, all participants are clocked in a time trial before the race. When this takes place at the same event as the main race, it is known as the handicap. In the race itself, the participants do not all start at the same ’Go’; the starts are staggered, based on the handicaps. The slowest swimmer, or cyclist, for example, starts first and the fastest starts last, making the end of the race (hopefully) close. An ideal handicap race is one in which all participants finish at the same time.[3] The winner is the person who beats his or her own time.
Similarly, physically staggered starting positions can be used, for example, in greyhound racing a handicap race is where greyhounds (based on their ability) start from different starting traps set at different measurements from the finish line, and in human foot racing, for example, the Stawell Gift.
Some motorsport events, especially in sports car racing, demand teams to stop the vehicle in the pitbox a fixed period of time depending on the drivers’ classification, thus giving advantage to less skilled drivers. An example of a championship using this system is the International GT Open. The advantage of this system over ballast weight systems is that vehicles have the normal performance on track, so better drivers will be able to recover time and overtake slower drivers.
Contrarily, horse race handicapping is implemented using extra weight.Horse racing[edit]
A handicap race in horse racing is a race in which horses carry different weights, allocated by the handicapper. A better horse will carry a heavier weight, to give him or her a disadvantage when racing against slower horses. The handicapper’s goal in assigning handicap weights is to enable all the horses to finish together (in a dead heat).
The skill in betting on a handicap horse race is in determining which horse can overcome its handicap.[4]
In addition to the Daily Racing Form, other data sources include Brisnet, Equibase, The Ragozin Sheets, and Thoro-Graph.[5]Golf[edit]
Handicapping in the sport of golf enables players and teams of varying abilities to compete against one another. A golf handicap is a numerical measure of a golfer’s potential or ’average best’. Better players are those with the lowest handicaps.Chess[edit]
Types of chess handicaps include:
*the stronger player surrenders a certain piece or pieces
*the weaker player has extra moves at the beginning of the game
*the weaker player has extra time on the chess clock
*the odds-giver to deliver checkmate with a specified pieceGo[edit]
Handicapping in go includes the weaker player being given an advantage by placing a number of stones before the stronger player commences, and by final points adjustment.Shogi[edit]
Handicapping in shogi is achieved by removing one or more pieces from the stronger player’s side. Shogi (Japanese chess) and many of its variants have handicaps.Example Of Handicap Betting LineGliding[edit]Polo[edit]
The polo handicap is an estimation of the player’s worth to his or her team. It is an overall rating of a player’s horsemanship, team play, knowledge of the game, strategy and horses. The difference between the total of the polo handicaps for the players on each team is then used to determine the minimum score difference for the better team to score to enable them to win.
In polo, every player is awarded an individual handicap depending on performance. Handicap commissions of the national associations meet several times a year to decide players’ handicaps.[6]
Argentina: 0 to 10
USA: C (-2), B (-1), B+ (-0.5), A (0), A+ (0.5), 1.0, 1.5, 2 to 10
England: -2 to 10Sailing[edit]
Handicaps for sailing vessels in sailing races have varied throughout history, and they also vary by country, and by sailing organisation. Sailing handicap standards exist internationally, nationally, and within individual sailing clubs.Example Of Handicap Betting Odds
Sailing race handicaps may be based on vessel capability and-or crew experience, and today typically adjust the time a vessel takes to reach the finish point of the race.Tennis[edit]Motorcycle speedway[edit]
The Calculated Match Average is a handicap calculated for every motorcycle speedway rider.Example Of Handicap Betting SitesOutcome prediction[edit]Middle and arbitrage bets[edit]
There are strategies that involve differences in the lines on the same event at different books. One bet is called a ’middle’, which when a player finds two books that offer different point spreads for the same event. They will bet the more favorable spread at both books, and if the final score falls between the two, the bettor will win both bets. On the other hand, if the total falls outside the range of the ’middle’ the bettor only loses a small percentage of a bet (the ’juice’ or ’vig’ taken by the house). Twin river bingo times table.
For example, Book 1 has Team A as a 3-point favorite, and Book 2 has team B as a 3-point favorite. If a player bets Team B at Book 1, and Team A at Book 2, he will win both bets if either side wins by 2 or less points, and will win one bet and lose the other (known as a ’side’) if either team wins by 3 points.
Another strategy, known as arbitrage, or an ’arb’ or ’scalp’, involves finding different moneylines for the same event. In this case, the bettor will bet the more favorable line at both books, and have a guaranteed profit. For example, if Book 1 considers Team A to be worth +200 (2 to 1 underdog), and Book 2 considers Team B to be worth +200, a bettor can bet Team A at Book 1, and Team B at Book 2, and guarantee a 100% profit. This is a no-risk bet, as the player is guaranteed a profit no matter the result of the game.[citation needed]Famous handicappers[edit]
The first very well known sports handicapper in American culture was Jimmy ’The Greek’ Snyder.[7] During his career he worked for CBS on their Sunday morning show, The NFL Today. Because sports betting had a social taboo at the time, Snyder was not allowed to mention betting on games specifically. Instead, he would predict the score. Over the years the attitude towards sports betting, and handicapping in general, has changed. Billy Walters was profiled by 60 Minutes because of his handicapping abilities.[8] Billy Walters, and other unknown members of the Computer Group, developed a system for handicapping games and beating Las Vegas sportsbooks. The Huffington Post covered Jon Price a reclusive sports bettor that hires Ph.D’s and works off of algorithmic information for his predictions.[9]ESPN wrote an article on Haralabos Voulgaris naming him as the one of the premier NBA handicappers in the world.[10] He claims to have developed a system that uses advanced statistical analysis to predict the outcomes of games. In the past, very few people did any mathematical calculations when handicapping sporting events. Predictions were usually made from hunches or information not readily available to the public. However, with the advancement of technology computers powerful enough to run advanced simulation models now frequent homes and offices. Advanced statistics such as DVOA, Win Shares and Points per Possession are talked about in mainstream media. Brian Burke, author of The Fifth Down blog featured in the New York Times, wrote a formula using advanced statistical techniques that has shown consistency correctly predicting NFL winners.[11] Handicapping, as a profession, is very similar to being a stock analyst. Like Wall Street did in the 1970s, the sports handicapping industry is undergoing a quantitative revolution. Many successful handicappers also use money management systems similar to financial investment professionals. The most popular, and mathematically superior, system is the Kelly criterion. It is a formula for maximizing profits and minimizing losses based on payout odds and win probability of the underlying asset.See also[edit]Example Of Handicap Betting RulesReferences[edit]
*^’handicap, n.’ The Oxford English Dictionary. 2nd ed. 1989. OED Online. Oxford University Press. 8 Oct. 2008 ’Archived copy’. Archived from the original on May 24, 2011. Retrieved 2008-10-08.CS1 maint: archived copy as title (link).
*^’History of the PY’(PDF). Royal Yachting Association. Retrieved 23 June 2013.
*^[1]Archived 2011-01-31 at the Wayback Machine UK Horse Racing. Accessed 5 February 2011.
*^’Archived copy’. Archived from the original on 2010-10-31. Retrieved 2011-02-05.CS1 maint: archived copy as title (link) British Horseracing Authority. Accessed 5 February 2011.
*^’Horse Racing Wagering’. Equine Info Exchange. 1 January 2020.
*^’The Polo Handicap’. Polo Plus Ten. 17 July 2015.
*^Pace, Eric. ’Jimmy ’The Greek’ Snyder; A Sports Oddsmaker’. New York Times. Retrieved 22 April 1996.Check date values in: |access-date= (help)
*^Logan, Lara. ’Sports Betting: Billy Walters’. CBSNewsOnline. Retrieved 16 January 2011.
*^Jensen, David. ’Seeking PHD’s Who Minor in Sports’. The Huffington Post. Retrieved 21 September 2015.
*^Eden, Scott. ’Meet The World’s Top NBA Gambler’. ESPN The Magazine. ESPN. Retrieved 21 Feb 2013.
*^Burke, Brian. ’Game Probabilities Are Back’. New York Times. Retrieved 27 September 2012.
*Beyer, Andrew (May 6, 1994). Picking Winners : A Horseplayer’s Guide (Reissue ed.). Houghton Mifflin. ISBN0-395-70132-5.External links[edit]Retrieved from ’https://en.wikipedia.org/w/index.php?title=Handicapping&oldid=1006583032’
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