bet handicapping

bet handicapping

Handicapping, in sport and games, is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. The word also applies to the various methods by which the advantage is calculated. In principle, a more experienced player is disadvantaged in order to make it possible for a less experienced player to participate in the game or sport whilst maintaining fairness. Handicapping also refers to the various methods by which spectators can predict and quantify the results of a sporting match.
The term handicap derives from hand-in-cap, a popular seventeenth-century lottery game, where players placed their bets in a cap.[citation needed] Handicapping is used in scoring many games and competitive sports, including Go, chess, golf, bowling, polo, yacht racing, and track and field events. It also serves to foster wagering on horse racing events. Often races, contests or tournaments where this practice is competitively employed are known as Handicaps.
The term is also applied to the practice of predicting the result of a competition, such as for purposes of betting against the point spread. A favored team that wins by less than the point spread still wins the game, but bets on that team lose.

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