Definitions for "ASIAN HANDICAP"
Also known as the HANG CHENG. This is the Asian equivalent of the SPREAD and is used to balance two sides and remove the DRAW from the game. This is mainly used in soccer betting.
Asian Handicap is a form of soccer betting which is very popular in Asia (hence the name). "Handicap" means that one team receives a “virtual head start”, effectively leading the game by a differing amount or amounts before the game starts. Simply put, Asian Handicaps are designed to eliminate the possibility of a draw in a Soccer match, reducing the match to two possible outcomes. For a full explanation of how an Asian Handicap market works, please see the Asian Handicap FAQ.
a market where a handicap is applied to the match in order to make the prices more equal