Asian Corner Football

Asian handicap betting is a form of betting on football in which teams are handicapped according to their form so that a stronger team must win by more goals for a punter betting on them to win. The system originated in Indonesia and has gained popularity in the early 21st century. It is a form of spread betting. Handicaps typically range from one-quarter goal to several goals, in increments of half- or even quarter-goals.^[1]

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Most importantly, Asian handicap betting reduces the possible number of outcomes from three (in traditional 1X2 wagering) to two by eliminating the draw outcome.^[2] This simplification delivers two betting options that each have a near 50% chance of success.

Asian handicaps are both good and bad for bookmakers. On one hand, they help bookmakers minimize risk by facilitating trading with parity or balancing the amount of wagering on each side of the match. This enables bookmakers to take larger positions on major matches. On the other hand, Asian handicap markets are typically low margin offerings that do not contribute as significantly to the gross win as higher vigorish betting options like 1X2.^[3][4]

The term 'Asian handicap' was coined by journalist Joe Saumarez Smith in November 1998. He was asked by an Indonesian bookmaker, Joe Phan, to provide a translation of the betting method that was termed 'hang cheng betting' by bookmakers in Asia.^[5][6]

Description[edit]

Football (soccer) is one of the few sports in the world where a draw is a fairly common outcome. With traditional fixed odds, draws are treated as an additional outcome to the game. In other words, bettors lose when they place a wager on either team to win and the game draws. With Asian handicaps, however, the chance for a draw is eliminated by use of a handicap that forces a winner. This creates a situation where each team has a 50-50 chance of winning; similar to the odds for a basketball or football spread handicap typically offered by Las Vegas sportsbooks.

Asian handicap is a form of betting that creates a more level betting environment between two mismatched competing teams by giving a 'handicap' (expressed in goals or points) to the teams before kick-off. In Asian handicap, a goal deficit is given to the team more likely to win (i.e. the Favourite) and a head start is given to the team less favoured to win (i.e. the Underdog).

This system works in a straightforward manner. The bookmaker's aim is to create a handicap or 'line' that will make the chance of either team winning (considering the handicap) as close to 50% as possible. Since the odds are as close to 50% as possible, bookmakers offer payouts close to even money, or 1.90 to 2.00. Asian handicaps start at a quarter goal and can go as high as 2.5 or 3 goals in matches with a huge disparity in ability. What makes Asian handicaps most interesting is the use of quarter goals to get the 'line' as close as possible. Taken in conjunction with the posted total for the game, the handicap essentially predicts the game's final score.

Quarter-goal or two-way handicaps[edit]

Subsequently, many matches are handicapped in ½ and ¼ intervals; both of which eliminate the possibility of a push since no one can score a half-goal. Quarter (¼) handicaps split the bet between the two closest ½ intervals. For instance, a $1000 bet with a handicap of 1¾ is the same as betting $500 at 1½ and $500 at 2. With ¼ handicap bets, you can win and draw (win ½ of wager) or lose and draw (lose ½ wager). The ¼-goal handicap may be expressed by some bookmakers as '0 and ½', or as 'pk and ½' (for 'pick-em') - especially for bookmakers whose systems are designed for sports like American football and basketball, where bets have a handicap that is designed to make the odds as close to even as possible.

The bettor's stake is automatically divided equally and placed as 2 separate bets. This means that with a handicap point of 0-0.5 or 0 and ½, half of your stake is on the 0 point handicap and the other half is on the 0.5 handicap.

Match: Everton vs. Newcastle United

Handicap: Newcastle +1.0, +1.5

Explained: This handicap states that half of your bet goes on Newcastle to win, draw, or lose by less than 1 goal; and half on Newcastle to win, draw, or lose by less than 1.5 goals.

If the final score is Everton 1-0 Newcastle, half your bet would be refunded due to draw (Everton 1 - +1 Newcastle, i.e: Newcastle lost by exactly one goal). The second half would win (Everton 1 - +1.5 Newcastle, i.e: Newcastle lost by less than 1.5 goals).

Whole handicaps and draws[edit]

In the event that a whole number is used for the handicap, the handicap adjusted final score could result in a draw. This situation is not a draw, but a push. With a push, all bettors have their original wagers returned as there is no winner. The plus signs in the Team result columns indicate 'or more', eg. '2+' means 'by 2 goals or more'.

References[edit]

1. ^Games without frontiers, SCMP Post Magazine, David Eimer, 14 Apr 2013
2. ^'An Introduction to Arbitrage Betting and the Asian Handicap'. TBR. 25 January 2014. Retrieved 7 February 2014.
3. ^Charles, Gillespie (2007-12-04). 'Asian Handicap Betting Basics'. WSN. Archived from the original on 3 March 2009. Retrieved 2009-04-02.
4. ^'Live Football'. Monday, August 17, 2020
5. ^George, Haggett (2002-05-14). 'Origin of Asian Handicap'. BetAsia. Archived from the original on 31 October 2009. Retrieved 2009-10-20.
6. ^https://en.betenemy.com/betting-guide/asian-handicap/

From its humble beginnings in 1956, the AFC Asian Cup has developed into the continent's premier football tournament.

Quick Links

Hong Kong 1956, South Korea 1960, Israel 1964, Iran 1968, Thailand 1972, Iran 1976, Kuwait 1980, Singapore 1984, Qatar 1988, Japan 1992, United Arab Emirates 1996, Lebanon 2000, China 2004, Asian Cup 2007, Qatar 2011.

AFC Challenge Cup.

Asian Cup - Hosts and Winners

Hong Kong 1956 (Winner: South Korea)

Having played an important role in the formation of the AFC in 1954, Hong Kong was awarded the rights to host the inaugural Asian Cup tournament two years later.

Runner-up: Israel.

South Korea 1960 - Winner: South Korea (Round-Robin)

Defending champions South Korea hosted the second Asian Cup in 1960 and earned an automatic berth in the final rounds in Seoul.

Runner-up: Israel.

Israel 1964 - Winner: Israel (Round-Robin)

Having finished runners-up to South Korea at the two previous tournaments, Israel finally claimed the Asian Cup for themselves; at the third attempt.

Runner-up: India.

Iran 1968 - Winner: Iran (Round-Robin)

The final rounds of the 1968 Asian Cup marked the last time that the final round of the competition was played on a round-robin league basis and saw the emergence of Iran as a continental football force.

Runner-up: Burma.

Thailand 1972 - Winner: Iran (2:1aet)

The fifth edition of the Asian Cup featured a host of new participants with Bahrain, Iraq, Jordan, Kuwait, Lebanon and Syria taking part in the qualifying competition for the first time.

Runner-up: South Korea.

Iran 1976 - Winner: Iran (1:0)

A record 17 countries participated in the qualifying tournament including first-timers China, Saudi Arabia and DPR Korea, all of whom qualified for the final round.

Saudi Arabia and North Korea withdrew from the finals along with Thailand, while Lebanon gave up its hosting rights due to the outbreak of civil war in the country.

Runner-up: Kuwait.

Kuwait 1980 - Winner: Kuwait (3:0)

Once again, 17 teams took part in the regional qualifiers, battling for the right to join defending champions Iran and hosts Kuwait in the finals.

Runner-up: South Korea.

Singapore 1984 - Winner: Saudi Arabia (2:0)

The qualifying rounds featured 21 teams, who were split into four qualifying groups. Iran and Syria took the two spots on offer in Group 1, in Jakarta; Saudi Arabia and United Arab Emirates topped Group 2, in Jeddah; Korea Republic and India came through Group 3, in Calcutta; while China and Qatar emerged from Group 4, in Guangzhou.

Runner-up: China.

Qatar 1988 - Winner: Saudi Arabia (0:0 4:3pen)

The competition followed a similar format to the two previous competitions as eight teams progressed from the four qualifying round groups to join hosts Qatar and defending champions Saudi Arabia in the final round.

Runner-up: South Korea.

Japan 1992 - Winner: Japan (1:0)

The qualifiers saw 20 competing teams split into six groups with only the top team from each section going through to the finals, to join defending champions Saudi Arabia and hosts Japan in the final round in Hiroshima.

Runner-up: Saudi Arabia.

United Arab Emirates 1996 - Winner: Saudi Arabia (0:0 4:2pen)

The final round of the Asian Cup grew to 12 teams as Saudi Arabia reclaimed the continental crown; winning the final in another penalty shootout in Abu Dhabi.

Runner-up: United Arab Emirates.

Lebanon 2000 - Winner: Japan (1:0)

A record 42 teams took part in the competition with 10 teams advancing from the qualifying competition to join champions Saudi Arabia and hosts Lebanon in the finals.

Runner-up: Saudi Arabia.

China 2004 - Winner: Japan (3:1)

For the first time, the qualification tournament was split into two stages as over 40 countries battled for the 14 spots on offer in China.

Corner Football Alabama

Runner-up: China.

Asian Corner Charlotte Nc

Asian Cup 2007 - Winner: Iraq (1:0)

The AFC Asian Cup 2007 marked the first time that the final rounds of a major international football competition were co-hosted by four countries: Indonesia, Malaysia, Thailand and Vietnam.

Runner-up: Saudi Arabia.

Qatar 2011 - Winner: Japan (1:0 aet)

Runner-up: Australia.

Iraq, Saudi Arabia and South Korea, the top three teams at the 2007 Asian Cup, and the 2011 hosts Qatar qualified automatically; along with the 2008 AFC Challenge Cup winners (India) and 2010 Challenge Cup winners (North Korea).

Most importantly, Asian handicap betting reduces the possible number of outcomes from three (in traditional 1X2 wagering) to two by eliminating the draw outcome.^[2] This simplification delivers two betting options that each have a near 50% chance of success.

Asian handicaps are both good and bad for bookmakers. On one hand, they help bookmakers minimize risk by facilitating trading with parity or balancing the amount of wagering on each side of the match. This enables bookmakers to take larger positions on major matches. On the other hand, Asian handicap markets are typically low margin offerings that do not contribute as significantly to the gross win as higher vigorish betting options like 1X2.^[3][4]

The term 'Asian handicap' was coined by journalist Joe Saumarez Smith in November 1998. He was asked by an Indonesian bookmaker, Joe Phan, to provide a translation of the betting method that was termed 'hang cheng betting' by bookmakers in Asia.^[5][6]

Description[edit]

Football (soccer) is one of the few sports in the world where a draw is a fairly common outcome. With traditional fixed odds, draws are treated as an additional outcome to the game. In other words, bettors lose when they place a wager on either team to win and the game draws. With Asian handicaps, however, the chance for a draw is eliminated by use of a handicap that forces a winner. This creates a situation where each team has a 50-50 chance of winning; similar to the odds for a basketball or football spread handicap typically offered by Las Vegas sportsbooks.

Asian handicap is a form of betting that creates a more level betting environment between two mismatched competing teams by giving a 'handicap' (expressed in goals or points) to the teams before kick-off. In Asian handicap, a goal deficit is given to the team more likely to win (i.e. the Favourite) and a head start is given to the team less favoured to win (i.e. the Underdog).

This system works in a straightforward manner. The bookmaker's aim is to create a handicap or 'line' that will make the chance of either team winning (considering the handicap) as close to 50% as possible. Since the odds are as close to 50% as possible, bookmakers offer payouts close to even money, or 1.90 to 2.00. Asian handicaps start at a quarter goal and can go as high as 2.5 or 3 goals in matches with a huge disparity in ability. What makes Asian handicaps most interesting is the use of quarter goals to get the 'line' as close as possible. Taken in conjunction with the posted total for the game, the handicap essentially predicts the game's final score.

Quarter-goal or two-way handicaps[edit]

Subsequently, many matches are handicapped in ½ and ¼ intervals; both of which eliminate the possibility of a push since no one can score a half-goal. Quarter (¼) handicaps split the bet between the two closest ½ intervals. For instance, a $1000 bet with a handicap of 1¾ is the same as betting $500 at 1½ and $500 at 2. With ¼ handicap bets, you can win and draw (win ½ of wager) or lose and draw (lose ½ wager). The ¼-goal handicap may be expressed by some bookmakers as '0 and ½', or as 'pk and ½' (for 'pick-em') - especially for bookmakers whose systems are designed for sports like American football and basketball, where bets have a handicap that is designed to make the odds as close to even as possible.

The bettor's stake is automatically divided equally and placed as 2 separate bets. This means that with a handicap point of 0-0.5 or 0 and ½, half of your stake is on the 0 point handicap and the other half is on the 0.5 handicap.

Match: Everton vs. Newcastle United

Handicap: Newcastle +1.0, +1.5

Explained: This handicap states that half of your bet goes on Newcastle to win, draw, or lose by less than 1 goal; and half on Newcastle to win, draw, or lose by less than 1.5 goals.

If the final score is Everton 1-0 Newcastle, half your bet would be refunded due to draw (Everton 1 - +1 Newcastle, i.e: Newcastle lost by exactly one goal). The second half would win (Everton 1 - +1.5 Newcastle, i.e: Newcastle lost by less than 1.5 goals).

Whole handicaps and draws[edit]

In the event that a whole number is used for the handicap, the handicap adjusted final score could result in a draw. This situation is not a draw, but a push. With a push, all bettors have their original wagers returned as there is no winner. The plus signs in the Team result columns indicate 'or more', eg. '2+' means 'by 2 goals or more'.

References[edit]

1. ^Games without frontiers, SCMP Post Magazine, David Eimer, 14 Apr 2013
2. ^'An Introduction to Arbitrage Betting and the Asian Handicap'. TBR. 25 January 2014. Retrieved 7 February 2014.
3. ^Charles, Gillespie (2007-12-04). 'Asian Handicap Betting Basics'. WSN. Archived from the original on 3 March 2009. Retrieved 2009-04-02.
4. ^'Live Football'. Monday, August 17, 2020
5. ^George, Haggett (2002-05-14). 'Origin of Asian Handicap'. BetAsia. Archived from the original on 31 October 2009. Retrieved 2009-10-20.
6. ^https://en.betenemy.com/betting-guide/asian-handicap/

From its humble beginnings in 1956, the AFC Asian Cup has developed into the continent's premier football tournament.

Quick Links

Hong Kong 1956, South Korea 1960, Israel 1964, Iran 1968, Thailand 1972, Iran 1976, Kuwait 1980, Singapore 1984, Qatar 1988, Japan 1992, United Arab Emirates 1996, Lebanon 2000, China 2004, Asian Cup 2007, Qatar 2011.

AFC Challenge Cup.

Asian Cup - Hosts and Winners

Hong Kong 1956 (Winner: South Korea)

Having played an important role in the formation of the AFC in 1954, Hong Kong was awarded the rights to host the inaugural Asian Cup tournament two years later.

Runner-up: Israel.

South Korea 1960 - Winner: South Korea (Round-Robin)

Defending champions South Korea hosted the second Asian Cup in 1960 and earned an automatic berth in the final rounds in Seoul.

Runner-up: Israel.

Israel 1964 - Winner: Israel (Round-Robin)

Having finished runners-up to South Korea at the two previous tournaments, Israel finally claimed the Asian Cup for themselves; at the third attempt.

Runner-up: India.

Iran 1968 - Winner: Iran (Round-Robin)

The final rounds of the 1968 Asian Cup marked the last time that the final round of the competition was played on a round-robin league basis and saw the emergence of Iran as a continental football force.

Runner-up: Burma.

Thailand 1972 - Winner: Iran (2:1aet)

The fifth edition of the Asian Cup featured a host of new participants with Bahrain, Iraq, Jordan, Kuwait, Lebanon and Syria taking part in the qualifying competition for the first time.

Runner-up: South Korea.

Iran 1976 - Winner: Iran (1:0)

A record 17 countries participated in the qualifying tournament including first-timers China, Saudi Arabia and DPR Korea, all of whom qualified for the final round.

Saudi Arabia and North Korea withdrew from the finals along with Thailand, while Lebanon gave up its hosting rights due to the outbreak of civil war in the country.

Runner-up: Kuwait.

Kuwait 1980 - Winner: Kuwait (3:0)

Once again, 17 teams took part in the regional qualifiers, battling for the right to join defending champions Iran and hosts Kuwait in the finals.

Runner-up: South Korea.

Singapore 1984 - Winner: Saudi Arabia (2:0)

The qualifying rounds featured 21 teams, who were split into four qualifying groups. Iran and Syria took the two spots on offer in Group 1, in Jakarta; Saudi Arabia and United Arab Emirates topped Group 2, in Jeddah; Korea Republic and India came through Group 3, in Calcutta; while China and Qatar emerged from Group 4, in Guangzhou.

Runner-up: China.

Qatar 1988 - Winner: Saudi Arabia (0:0 4:3pen)

The competition followed a similar format to the two previous competitions as eight teams progressed from the four qualifying round groups to join hosts Qatar and defending champions Saudi Arabia in the final round.

Runner-up: South Korea.

Japan 1992 - Winner: Japan (1:0)

The qualifiers saw 20 competing teams split into six groups with only the top team from each section going through to the finals, to join defending champions Saudi Arabia and hosts Japan in the final round in Hiroshima.

Runner-up: Saudi Arabia.

United Arab Emirates 1996 - Winner: Saudi Arabia (0:0 4:2pen)

The final round of the Asian Cup grew to 12 teams as Saudi Arabia reclaimed the continental crown; winning the final in another penalty shootout in Abu Dhabi.

Runner-up: United Arab Emirates.

Lebanon 2000 - Winner: Japan (1:0)

A record 42 teams took part in the competition with 10 teams advancing from the qualifying competition to join champions Saudi Arabia and hosts Lebanon in the finals.

Runner-up: Saudi Arabia.

China 2004 - Winner: Japan (3:1)

For the first time, the qualification tournament was split into two stages as over 40 countries battled for the 14 spots on offer in China.

Corner Football Alabama

Runner-up: China.

Asian Corner Charlotte Nc

Asian Cup 2007 - Winner: Iraq (1:0)

The AFC Asian Cup 2007 marked the first time that the final rounds of a major international football competition were co-hosted by four countries: Indonesia, Malaysia, Thailand and Vietnam.

Runner-up: Saudi Arabia.

Qatar 2011 - Winner: Japan (1:0 aet)

Runner-up: Australia.

Iraq, Saudi Arabia and South Korea, the top three teams at the 2007 Asian Cup, and the 2011 hosts Qatar qualified automatically; along with the 2008 AFC Challenge Cup winners (India) and 2010 Challenge Cup winners (North Korea).

Group A:
Uzbekistan, Qatar, China, Kuwait.

Group B:
Japan, Jordan, Syria, Saudi Arabia.

Group C:
Australia, South Korea, Bahrain, India.

Group D:
Iran, Iraq, North Korea, United Arab Emirates.

Australia 2015

Brisbane (Suncorp Stadium), Canberra (Skilled Stadium), Gold Coast (Skilled Stadium), Melbourne (Etihad Stadium and AAMI Park) and Sydney (ANZ Stadium, Sydney Football Stadium and Parramatta Stadium) have been proposed as possible venues for the tournament; with Sydney's ANZ Stadium strongly tipped to host the final match.

The AFC Challenge Cup was introduced as a competition for the emerging nations in Asia.

Bangladesh 2006

Tajikistan beat Sri Lanka (4:0) in the final.

Kyrgyzstan finished 3rd and Nepal 4th.

India 2008

India beat Tajikistan (4:1) in the final.

North Korea beat Myanmar (4:0) for third place.

Sri Lanka 2010

After drawing the final match (1:1), North Korea beat Turkmenistan (5:4) on penalties.

Tajikistan beat Myanmar (1:0) for third place.

Nepal 2012

Qualified for the March 3-18 finals.

Group A: Palestine and Philippines.
Group B: India and Turkmenistan.
Group C: Maldives and Tajikistan.
Group D: North Korea and Nepal.

Asian Corner Football Team

Asian Countries, Football Federations and Associations.

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