European handicap
The European handicap , often also referred to as 3-way (e) handicap , is a type of sports bet in which one of the teams is given an advantage by fictitious goals or points before the game.
The aim is to create equal opportunities between the teams. This results in better odds than with the classic 3-way bet. Due to the disadvantage on the part of the stronger team, the player receives a higher payout amount if his bet wins .
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In bets with three possible outcomes, there is initially a statistical probability of 1: 3 for each event. The chance that all three events have the same probability is zero in the area of sports betting.
If the teams were equally strong, a tie would be the most likely outcome. If one team is better than the other, the probability is also shifted, as it would then be more likely that the stronger team will win.
In the event that one team is stronger than the opponent, the likelihood of a tie is correspondingly lower. The likelihood of the weaker team winning is even lower. Factors such as home advantage also play a role in the probabilities.
If there is a clear favorite, the odds for classic 3-way bets without a handicap are very low for this, which makes bets on the victory of the favorite unattractive.
For this reason, bookmakers offer different types of so-called handicap bets. The 3-way handicap bet offers, in addition to bets with the Asian handicap, the possibility of receiving a higher odds. Handicap bets are often used to secure your own bets.
In 3-Way Handicap bet (English 3-way handicap ) will be notionally deducted from the favorites after the end of the event predetermined points or goals or the weaker team to be counted, so the weaker team a Torvorsprung.
This means that the stronger team has to score more goals in order to win the game, taking into account the handicap. The bookmaker can move the odds as desired.
Betting providers often offer several bets with a European handicap in one game. So you can bet with different fictitious goal differences.
Example of a 3-way handicap bet
Suppose FC Bayern Munich plays against Holstein Kiel in the DFB Cup . In a game like this, Bayern Munich would be the clear favorite and the odds in a classic 3-way bet would be very low on a Bayern Munich win.
The handicap for this game could be FC Bayern Munich (-1) and Holstein Kiel (+1), with three odds available:
FC Bayern Munich (-1): 1.78
Draw (-1): 3.97
Holstein Kiel (+1): 4.30
Should Bayern score two or more goals in this game without conceding a goal, Bayern would have won. Should the same number of goals fall on both sides, Holstein Kiel wins, as they will be given another fictitious goal.
If Holstein Kiel scored more goals, they would have won too. If FC Bayern scored a goal, the game would have ended in a draw.
Difference to the Asian handicap
Bets with the European handicap allow three outcomes: win, lose and tie. In contrast, with the Asian handicap there are only two possible outcomes with a win or a loss.
The 3-way bet is evaluated after the end of the regular playing time plus injury time. If a bookmaker deviates from this point in time at the time of placing the bet, this will be stated in the provider's terms and conditions or a change will be indicated directly with the bet.
Individual evidence
- ↑ WettCoach: What types of bets are there? In: Sports Betting Coach. Retrieved on May 24, 2019 (German).
- ↑ The handicap bet in sports betting - Sportwettenarten.de. Retrieved May 24, 2019 .
- ↑ 3-way handicap. Retrieved May 24, 2019 .
- ↑ 3 Way Handicap in sports arbitrage betting | Arbitrage guides. Retrieved May 24, 2019 .