What does the European handicap mean in sports betting?
What does European handicap mean, a case study
The European handicap is a bet wagered on the final result with a conditional score set before the start of the match.
The European handicap is also called a triple bet, three-way bet, or 3 way handicap (English-style).
The European handicap provides a virtual advantage to one of the teams. But visually, it sharply differs from the common handicap. With that in mind, https://betting-sider.net/bedste-superliga-odds/ is worthy checking out.
Below you can see an example of the display of a triple handicap bet in the BO listings for Tottenham Hotspurs – West Ham United match.
You can wager the European handicap bet on the local team win (W1.1), on the visiting team win (W2.2), or on a tie (X), with the obligatory indication of a specific virtual score before the start.
Let’s say the bettor chose the W1 outcome with the 0:1 handicap. For him, the match between Tottenham and West Ham is not to start with 0:0 on the scoreboard, but with 0:1.
In other words, the second team scored a goal without even stepping onto the turf!
Calculation example for the European Handicap bet
In this paragraph, we intend to break down all three options for the 0:1 handicap in the match between the London Spurs and the Hammers.
The calculation formula is as follows: the final result is added to the 0:1 score.
Handicap 1(0:1)
The bet is to hit in case of the win of Tottenham by two goals or more.
Handicap Х(0:1)
The bet is to hit in case of the win of Tottenham by one goal.
Handicap 2(0:1)
The bet is to hit in case of a tie or a win of West Ham.
By wagering 100 USD, the winnings in the first case will be 310 USD, in the second one – 340 USD, and in the third one – 216 USD.
As you can see, the characteristic feature of the three-way handicap bet is no bet-back option.
Conclusion
The European handicap is ideal for matches between obvious favorites and undisputed outsiders.
A quite descriptive example might be the game of the Netherlands championship, PSV – Fortuna Sittard.
The local team’s net winnings were estimated to be low (1.12). The quote made it clear that the likely outcome of the confrontation is the absolute defeat of the away team.
You might also be interested in: what is asian handicap.
If the bettor was sure that Fortune has no chance, then betting on 0:2 P1 significantly increased the coefficient (2.03), and also the potential winnings.
n general, high quotes are the main advantage of this market. They entice the bettor to agree to a no bet-back option, such bets being calculated only by winning or losing.
The market in question fully justifies its name. It is indeed very popular in Europe, when our local bettors prefer wagering bets on the standard handicaps.
3Way handicap bet is being used in football (soccer), hockey, basketball and other sports.
The European handicap is not being offered by all types of BOs, even among the top ones.
But in the most advanced BOs, you will be able to wager the European handicap bet even on separate halve-times.
You can find the three-way handicap in a detailed breakdown of the match, by scrolling far down.
This BO strategy is quite justified and reflects the real demand of the market.
At first glance, the triple handicap bet seems difficult to understand and hard to calculate.
But after a close reading of the article, it must certainly become clear that the European handicap bet is a combination of simple arithmetic and balanced analysis of a sporting event.