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How three-way handicap betting works

In sports betting, there are many different strategies and one of the most common is three-way handicap.

Here we will go into everything related to this popular form of gambling; how to start betting on three-way handicap?

What are the benefits and what to consider? We reveal when it might be a good strategy to use three-way handicap,

and when it is best to avoid this method.

What is three-way handicap betting?

Three-way handicap, also known as European handicap, involves assigning a team an advantage or disadvantage before the start of the match.

The concept originated in Europe and has become a favorite among sports bettors seeking higher odds and more varied betting opportunities.

It is quite similar to Asian handicap, but with one important difference:

three-way handicap includes three possible outcomes (win, draw, loss),

while Asian Handicap has only two (win or loss) but can possibly pay back the money in case of a draw.

How it is applied in play

The European handicap has three outcomes (1, X, 2) and can be used to make the odds slightly more balanced in a match.

A strong team can be given a negative handicap, for example -1, which means that the team must win by at least two goals for the game to be won.

An inferior team can receive a positive handicap, such as +1, which means that the team starts the match with an advantageous result

and can win (in the game) even if the match ends in a draw.

The third option is to bet on the match ending in a draw, either with a positive or negative handicap.

For example:

Let's assume that Real Madrid meets Valencia CF. You bet on Real Madrid with -1 in three-way handicap:

- Real Madrid wins 2-0: That means you've won the game.

- Real Madrid wins 1-0: The game is lost as handicap leveled the score.

- The match ends in a draw or Valencia CF wins: You lose the bet.

Playing with three-way handicaps: a simple guide

Choose your match and market: European handicap is often offered in major leagues and tournaments such as the Premier League, Champions League or World Cup.

Analyze the handicap: Consider whether the favorite is likely to win by a large margin,

or if the underdog has a chance to stay within the handicap limit.

Place your bet: Choose one of the three options: home win with handicap, draw with handicap, or away win with handicap.

Sports with European handicap

Three-way handicap betting is most common in football, but is also used in other sports such as ice hockey, basketball and cricket.

- Football: Most common and most popular.

- Ice hockey: May be riskier to use as matches are often close.

- Basketball: Offers more handicap options thanks to high scores.

- Cricket: Handicap is applied to the number of runs or wickets. For example, a team can be awarded a positive handicap in the form of 20 extra runs (+20),

or a negative adjustment of wickets (-2).

When can it be an advantage to use three-way handicap?

Understanding how and when three-way handicap can be used effectively is an important part of a successful betting strategy.

Situations where European handicap can benefit your game:

- Onequal matches: If a strong team faces a weaker opposition, you can improve the odds by betting on the favorite with a negative handicap.

- Underdog with potential: If a weaker team is in top form or is highly motivated, a positive handicap can be a good option.

- igh odds: Handicap betting often offers higher odds than traditional 1X2 markets.

Things to consider:

- Misjudgments: If you underestimate the other team, a negative handicap can often lead to a loss.

- The draw factor: Three-way handicap is a slightly more complex form of betting because you have to take into account three outcomes instead of two (as in Asian handicap).

Try betting with European Handicap at Bethard

In our sportsbook you will find several different sports that offer three-way handicap betting.

Access live matches from some of the biggest tournaments, including the Champions League and Premier League.

Get started with your play quickly and easily by following this step-by-step guide:

1. Click on the green LOGIN button at the top right corner of the home page to create an account.

2. Make a deposit. You can also take an exciting bonus for new sports bettors.

3. Navigate further to the sportsbook: Click on ODDS in the main menu and start exploring a whole world of sports betting.

4. To start betting with European Handicap: Select the match you want to bet on and look for the market “European Handicap”.

5. Place your bet: Choose a handicap line and place a bet.

FAQ

Can I use European Handicap on all sports?

Yes, it can be used in sports such as ice hockey and basketball, but is most common in football.

How does a negative handicap work?

A team must win by a margin greater than the assigned handicap for the game to be profitable.

What is a draw in European Handicap?

This means that the match ends with exactly the goal margin indicated by the handicap, for example 2-0 for a -2 handicap.