ThePuntingProf
Value Hunter
- Joined
- Mar 15, 2022
- Messages
- 52
- Reaction score
- 7
- Points
- 8
It has come to my attention during recent discourse on this forum that many of our transatlantic cousins are still labouring under the delusion that the "US Spread" or "Point Spread" is an optimal way to wager on sporting events when in reality it is a blunt instrument compared to the surgical precision of the Asian Handicap market. For those uninitiated in the mathematics of probability the standard US line of -110 on a -3.5 spread forces a binary outcome that includes a significant vig on both sides whereas the Asian market with its quarter-ball lines such as -0.25 or -0.75 allows the astute punter to split their stake effectively creating two separate wagers which significantly reduces variance over a large sample size. I was explaining this to a colleague at the university back in 2004 who insisted on betting NFL spreads and I showed him a simple spreadsheet demonstrating that if he had utilized an Asian Handicap equivalent where available he would have saved approximately 12 units over the course of a season simply by turning full losses into half-losses on those tight games that land exactly on the number. The American insistence on "Hook" games where you buy a half point for excessive juice is frankly a mathematical abomination when the Asian market offers the split handicap naturally with far superior liquidity and often lower margins if one knows where to look. It baffles me why a serious bettor would choose a hammer when a scalpel is available.