So let's look at an upcoming Premier League Fixture to show you how the odds can change drastically once you start betting on a team with a handicap.
For this example, we have picked the match between Manchester City and Burnley. Manchester City are at home and strong favourites to win
In the standard 1x2 market, the odds are shown below. Where you can see Burnley are very much the outsiders.
Manchester City 1.17 | Draw 7 | Burnley 13 |
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So let's look at some handicap examples and how the odds change.
Manchester City 0:1 | Draw 0:1 | Burnley 0:1 |
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Manchester City 1.52 | Draw 4.4 | Burnley 4.9 |
So as you can see, Manchester City's odds with the handicap have lengthened to 1.52. This is because they now need to not only win but win by two clear goals to overcome the 0:1 handicap.
Burnley, of course, with the head start, now have more chance of getting a draw, so their odds have dropped to 4.4, meaning a one-goal defeat will be enough to win this bet.
The odds on Burnley winning have massively reduced to 4.9. If they manage to get a draw, the one-goal boost will be enough for your bet to win.
Next, we shall look at the 0:2 market.
Manchester City 0:2 | Draw 0:2 | Burnley 0:2 |
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Manchester City 2.3 | Draw 4.1 | Burnley 2.43 |
So here we can see Manchester City’s odds have lengthened even further as they now need to win by three clear goals for your bet to win.
Burnley's odds of winning are now very close to those of Manchester City as they are getting a two-goal boost.
The odds of the draw have shortened slightly, suggesting that the bookmaker believes Burnley is more likely to lose by two goals than by one goal. For your bet to win, of course, they need to lose by exactly two goals.
Finally, we will look at the 0:3 market.
Manchester City 0:3 | Draw 0:3 | Burnley 0:3 |
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Manchester City 4.0 | Draw 4.9 | Burnley 1.57 |
As you can see here, Man City are only being given a 3 in 1 chance of winning, with odds of 4.0, as they now need to win by a 4-goal margin.
Burnley, now with a three-goal boost, have had their odds shortened to 1.57, suggesting the sportsbook doesn't expect them to lose that heavily.
The odds of the draw have also lengthened as they believe it's less likely they will lose by exactly three goals.