Introduction
The gambling entertainment industry is not only about amuzement: you should also be aware of the range of peculiar things and challenges that may arise behind you when you start getting acquainted with the world of gambling. Here we will discuss the very famous but difficult option for betting and explain the principles of how it is functioning. It may seem a bit complicated to understand from the scratch, but if you stop for a while and get involved in the topic, you will see it is not that hard and, what is more, this bet format is worth learning and understanding.
NFL betting basics in short
You can face some confusing nuances in terms of odds, betting markets, and the whole betting strategy in terms of the NFL betting. Unlike most other sports leagues, the National League of the US is not that big it consists of only eight divisions with four teams in each. During the regular season of the NFL, all teams play sixteen games; as the regular season ends, twelve leading football clubs participate in the play-off. The season is organized in a short period from September till February, so it becomes challenging to accurately value each team and player for the NFL betting. However, this challenge attracts many people annually and if you want to be among them, too, you should learn more about the NFL betting details, odds, and betting types.
How does a bookmaker consider the handicap point amount? Let's try to have an inside look and think about how does the NFL betting site offers one or another odd and how they calculate the extra points in various markets. Imagine, you decided to bet with www.Parimatch.com.All rights reserved. There is a game where 2 teams meet, and the bookmaker has to think of what the match outcome would be depending on several factors and determine the extra point value. Mostly, it is the team's latest performance if they failed to win in a couple of latest games, the bookie will consider them as the outsider and add a negative handicap point for the next game. In addition, they follow the sports teams to see if the key players are in good or bad shape and also try to monitor the financial status of the football club.
Spread betting, or the Handicap bet type
When you just begin learning how to do NFL betting, it is essential to understand handicap betting is in this type of football betting and what types does this bet have. Generally, a handicap is a head start for the team that is considered to be the worse one from the bookmaker's point of view. In this bet type, bettors wager on the club that is suppose to be a winner, in their opinion, but the final result comes with the added number of points for the outsiders; this extra number is called Point Spread. The handicap market is offered by the betting sites to even the chances of both teams and do them even for bettors, by adding the extra points to the opponent teams of the favorites. In simple words, handicap betting is based on the bookmaker's prediction, who makes a guess that a certain team wins with a certain difference in the score. This difference, the Point Spread, in other words, is stricken off the favorite's supposed total score and added to the outsider's score.
So how do you deal with the bet type and what exactly do you bet on? It is simple: for example, you make a bet on the favourite team, thinking that they will win. If they really win the game, you also win your bet, however, this is possible if they win with more spread points than were predicted by the bookmaker. What if the favorites lose and you made your handicap bet on the outsiders? The winning of the underdog, then, means that your bet wins, of course, but there are actually two more options. If your handicap bet is on the outsider and the match ends in a draw, the handicap bet is again the winning one; finally, if the favorite wins but the difference between the score is less than was expected by a bookie, your bet wins again.
What does Handicap Draw mean in sports?
When we are talking of a three way handicap, we imply there is a possibility of receiving a refund of the stake. If the handicap betting market offers us the even number as a handicap (0, +1, -2, etc) we can have our bet returned in case after adding the handicap points, the overall score is a draw. This three way handicap with a possibility of the bet void in case of draw and money refund is applicable only for the Asian handicap betting; in the regular handicap, there are two possible results you can expect, which, in simple words, means we either win or lose. Asian Handicap Betting
The general sense of the handicap market is now clear, but this is not everything: a new bettor will soon discover that besides the standard handicap betting, some websites offer the so-called Asian handicap in the sports betting line. What is it and how to deal with it? Actually, the point of the Asian handicap is the same; the main difference is that bettors have three options of how the market deals with their bets: in this case, there is an additional option of a draw handicap, so if the game ends in a draw, with account taken of the handicap points in the final score, the stake is refunded to the bettor by a bookmaker. The odds are usually higher in the Asian handicap market, so it is a good idea to get more involved in the format of this betting line and see clearly how it works. Another peculiar thing about the Asian handicap: the stakes range starts not from an even number but has value factors of 0.5 and 1: +0,5, +1, -1,5, -2, -2,5, and so on. For example, if there are two NFL teams playing, and we place a stake on Team A with a handicap of -1,5, Team A has to score at least 2 goals more than Team В to make our bet win. The draw result means this bet is not winning, and if Team A makes a margin of only one goal. However, if the handicap is 0 for Team A, and you place the bet on it, you get your stake refunded in case there is a draw. Thus, there are three outcomes for a gambler: bet void, bet win and bet loss. As you might have guessed from the name, this sort of bets takes their origin from Asia, where it was invented and is in heavy demand in Asian countries. Currently, it is also in great favor among the USA gamblers, so it is not reasonable to miss it out and focus on the easier ones. Examples of the use of handicap betting: regular handicap and Asian handicap
To make the whole explanation more clear, it is better to look at the example of how the handicap works during a sporting event. Let s say there is a game of the NFL league where the New England Patriots meet the Вaltimore Ravens at the playing field. You go to the sports betting site and see that the lines given for handicap betting look in the folowing way:
- The New England Patriots team: added Spread Points +5
- The Baltimore Ravens team: added Spread Points -5
To read this line corrrectly, the bettors have to understand that the first team is the underdog according to the bookmaker because they were given a head start of 5 points. If the final score of the game is, let s say, 20:22, the winner of the game in the playing field is the team of Baltimore. However, in terms of the handicap betting market, we have to add 7.5 points to the final result of the Patriots, and the total score for bettors is now 25:22. The underdog wins because of the head start given, so all bets made on this team win. If the result shows the draw, including the spread points, all bets lose in this type of handicap. Such bet types are called two way handicapping you are wagering with the even money odds as there only two outcomes of the game possible: the team you make your handicap betting would win the game after adding the head start number of points or it loses. No draw handicap can be applied here, but your bet would have been returned in case you chose the Asian handicap market.
The next example will explain how would the Asian Handicap work. Imagine there is another NFL regular game where Minnesota Vikings meet Dallas Cowboys. The bookmaker gives +1.5 points to Dallas Cowboys as according to some factors, like, for example, their previous performance in the current NFL season, they are supposed to be worse then the Vikings. The Vikings are given out this head start of 1.5 spread points and this equalizes the playing field. If you decide to back the favorites and bet on Minesota Vikings, they have to win the game with the 1.5 more than the Cowboys (2 or more goals). If you would like to bet on Dallas Cowboys, your bet will be the wining one if they end up with a draw or have a margin of at least 1 goal; the handicap will be added to their result. If there is a draw handicap you bet on, then the overall winner is the underdog here. Let s imagine the total score of the team is 15:16 in the favor of the Dallas Cowboys. To get the correct result in terms of handicap betting markets, you have to add 1.5 points to their score and it becomes 16.5 and while the game is won by the Vikings in terms of the NFL League, the handicap betting markets lines would regard the Cowboys as the winner, as their initial value as the underrdogs brought them extra points.
Why do you need to use the handicap line?
If the outcome of the sports game is quite predictable, the odds offered by the markets are not so favourable. Even if a bet wins, the players are not supposed to receiive a decent prize for it, so more sopisticated vizitors of the bookmaking offices and websites are not really into, for instance, Money line bets for games of this kind. The handicap line given by a bookie will let you receive better, more competitive odds, and make more income in case your choice turns out to be correct.
The market of the bookmaking business of the United States offer the handicap line for the events like NFL games more regularly and most people choose to make bets as in the example above because the standard simple bets are not attractive for short seasons like NFL and experienced gamblers prefer to choose much more complicated bets with the higher odds; otherwise, the whole process will not make much sense for them.
An intresting fact is that United States statistics say, the NFL teams determined as the outsiders by the betting markets, win more than half of the games eventually, so the outcome of the match you need to forecast becomes more advantageous and actually more fun.
Written by superbetting team