The term Asian bookie is in fact derived from a particular type of bet, known as the Asian handicap bet, which was a relatively recent development in the field of soccer betting. The Asian handicap bet, as its name suggests, originated in Asia, among the bookmakers of the East. This bet proved to be so popular among Asian bettors that Western bookmakers decided to offer such bets as well, leading to the establishment of many an Asian bookie that offered their bettors such an option.
Traditional football betting odds are fairly straightforward. They involve three possible outcomes for each match – one team wins, the other team wins, or both teams draw. These three outcomes are then each available as a particular bet, and if you bet on the outcome that eventually does happen, then you win. This is the sort of betting that most bettors are used to when it comes to football betting odds.
Asian handicap odds, however, take a slightly different approach to football betting odds. The Asian bookie allows bettors only two different options on which they can bet – one team wins or the other team wins. There is no draw option with an Asian bookie, and if a game ends in a draw, then the Asian bookie will return you the entirety of your bet.
Asian handicap odds also aim to make the two choices available to bettors have as equal a chance of taking place as possible. This is done through the a handicap. Most of the time, one team will be obviously weaker than the other team. The likelihood that the stronger team will win is therefore much higher. By giving the weaker team a handicap in terms of a goal advantage, the bookmaker is able to balance out the chances of either team being victorious.
Why Bet With An Asian Bookie
While fixed odds betting may seem simpler and more straightforward than betting on Asian handicap odds, the truth is that Asian handicap odds offer bettors an easier bet. Instead of having to choose between three different possibilities, each with only a 33.3% chance of taking place, bettors need only choose between two possibilities, each with a 50% chance of taking place. To the discerning bettor, the chances that they place a successful bet are therefore higher with Asian handicap odds.
Also, the provision of a handicap to the weaker immediately allows you to identify which team is the weaker team. Once you have done so, it becomes a relatively simple matter of using statistics to determine whether the team is likely to win given the handicap that has been provided or is likely to lose even given that handicap.
Finally, betting with Asian handicap odds is simply more intriguing and exciting than betting with fixed odds, since the addition of the handicap makes it much more interesting than simply determining which team is the stronger team and betting on that team, subject to calculations on the odds given for a win by that team. Asian handicap odds betting eliminates the need to calculate the potential profit or loss based on the odds, and instead focuses the bettor’s attention more on the actual skills of the teams and players.
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