Asian Handicap is a form of betting, which has become very popular in Asia (thus the name Asian Handicap). You may also have heard about Asian Handicap from the name "Hang Cheng". "Handicap" means that a team has received a virtual head start, effectively leading the game with 1/2 goal, 1/4 goal, 3/4 goal, 1 goal, 1 1/4 goal, etc.
When you bet with Asian Handicap, the possibility for a draw in a game is eliminated. Only home or away win exist. If the game ends in a draw, you will get your stake back. With Asian Handicap, there is a much better chance of profit, due to the fact that you get your stakes back (or at least parts of it, depending on the handicap), when a draw occurs. In fixed odds betting, you would lose your money if you bet on something else than the actual result. You can bet on teams which you really don't believe will win the match, but due to the handicap, your team may still provide you with a profit!
In a 0:0 handicap you will get you money back if the game ends in a draw (0-0, 1-1,2-2, etc. ). In 0:1/4 handicap, a team has a 1/4 goal start. You will either lose 50 % or win 50% if the game ends in a draw . A 1/4 handicap is actually 2 handicaps, one of 0:0, and one of 0: 1/2. Thus, if 2 identical bets are placed on 0:0 and 0:1/2, then we have a 1/4 handicap bet. The same goes for the 1 1/4 handicap, the 2 1/4 handicap, and so on. The difference being that the 50% rule apply when one of the teams have won 1-0, thus the game is a draw.
In a 0:1/2 handicap, when a team has a 1/2 goal start, you will either lose 100% or win 100%. A draw (and thereby a "no bet" situation) is impossible. If you have bet on a team with a 3/4 goal start (0:3/4), you will lose 50% if your team loses by 1 goal. For all other results you will either win 100% or lose 100% depending on which team you backed with your bet. A 3/4 handicap is actually 2 bets, one on 1/2 goal handicap, and one on 1 goal handicap. Thus, if 2 identical bets are placed on the 1/2 goal, and the 1-goal handicap, then we have a 3/4 handicap situation. A "no bet" situation is impossible.
In a 0:1 handicap, a team has a 1- goal start. You'll get your stakes back if the other team wins by 1 goal (levelling the game). A draw is not permitted in Asian Handicap, thus you get your money back.
With Asian Handicap betting you eliminate the possibility of a draw in a soccer game. The underdog will be given a head start of a handicap, and the favourite will be handicapped by the same handicap. The predetermined number of handicap will be added to the real number of goals and make up the right bet.