European handicap
A European handicap adds whole goals to one side before the result is settled, and keeps the draw as an outcome: a three-way market on the adjusted score.
Example
At home −1, a 2–0 win counts as 1–0 and the home side wins the bet. A 1–0 win counts as 0–0, the handicap draw.
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Related terms
Asian handicapAn Asian handicap gives one team a start or a deficit in halves or quarters of a goal, so the draw is taken out and the bet has two outcomes rather than three.Point spreadA point spread gives the favourite a points handicap so both sides are close to even money. The favourite must win by more than the spread to cover.