As the name suggests Asian handicaps originated in Asia. They were originally a way for friends to bet with one another on the outcome of a football match. With a football match, there are three possible outcomes, - win, lose or draw. For most individuals, calculating  three way odds is complex. To simplify matters, each team was given odds of evens and a handicap to theoretically equalize their chance of winning. A team is given a half-goal, one-goal or more handicap. The handicap can be a positive or negative figure. Where a fraction of a goal is used as a handicap, a draw is eliminated. The handicap is added to the final score to give the result on which the bet is settled. If, after taking the handicap into consideration, there is a draw, the stakes are refunded. In some Asian Handicap markets there are two handicaps given for a team. In this case the stake is divided between the two handicaps.

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