How to calculate asian handicap odds

How To Calculate Asian Handicap Odds

This is very popular question now days as many punters switching from fixed odds betting to Asian handicap betting. They are doing this because it is commonly believed that there is more value in Asian handicap odds because draw is almost completely excluded from equation.
Hmm, honestly don’t know if this is completely true, but we will leave this question for some other time.
Now, to help punters who are used to fixed odds, I’ll try to explain how to calculate Asian handicap odds by using fixed football betting odds.
As many of you probably know, there are several ways to compile an Asian handicap odds and we will focus on converting existing fixed odds to Asian handicap odds.

Conversion of fixed odds to level ball odds (AH 0)
Home Win= 1/((Phw)/(Paw+Phw))
Away Win= 1/(1-(1/home win ah odd))
Result will be a decimal Asian handicap odds for home win and away win.

Phw= probability for a home win
Paw= probability for away win

Man Utd vs. Chelsea 2.80 | 3.45 | 3.00
convert odds to percentage
1/2.80 | 1/3.45 | 1/3.00
you will get this
0.36 | 0.29 | 0.30
so Phw is 0.36 and Paw is 0.30

Level ball odds are:
Home Win= 1/((0.36)/(0.30+0.36)) = 1/0.545 = 1.83
Away Win= 1/(1-(1/1.83)) = 2.19

Conversion of fixed odds to quarter ball handicap odds (AH ±0.25)

Favorite Win= 1/((Pfw)/(Pdw+(Pdraw/2)+Pfw)
Underdog Win= 1/(1-(1/favorite win ah odd))
Result will be a decimal Asian handicap odds for favorite win and underdog win.

Pfw= probability for a favorite win
Pdraw = probability for a draw
= probability for underdog win

Man Utd vs. Chelsea 2.40 | 3.45 | 3.50
convert odds to percentage
1/2.40 | 1/3.45 | 1/3.50
you will get this
0.42 | 0.29 | 0.28
so Pfw is 0.42, Pdraw is 0.29 and Pdw is 0.28

Asian handicap odds are:
Favorite Win= 1/((0.42)/(0.28+(0.29/2)+0.42))= 1/0.497= 2.01
Underdog Win= 1/(1-(1/2.01))= 1/0.503= 1.99

To find out more about Asian handicap conversion equations and other interesting betting facts you can visit a web site dedicated to asian handicap stats and in play fixed odds betting stats.

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