odiousgambit
odiousgambit
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January 4th, 2025 at 4:54:20 AM permalink
I’m starting to see the following statement on some of the online sportsbook offers, and it has me intrigued.

Quote:

Profit Boost is available on all markets, excluding Asian Handicaps and [Asian] Goal Line markets.

Obviously it raises the question “oh? why is that?“ so I’ve begun to look into it. The terminology comes from the demand from Asian markets to have ‘football’ [soccer] bets resolved binarily without ties making a lost bet. Now, this is readily available in sportsbetting already without going to the Asian Handicap type [which I will just refer to as Asian from here on]. However, with Asian lines you can find bets that offer part of your money back, and I have to think this is what gives pause to the sportsbooks when making up their offers. It has spread to other markets than soccer, hockey for sure

Quote: https://playthepercentage.com/blog/asian-betting-explained

Surprisingly… you will find that the Asian Goal Line often offers better odds than the standard goal bet lines. It seems to be an anomaly that’s worth exploiting to get a better price

I have to think it won't be +EV though

I think in order to really grasp it, I’m going to have to make some hockey bets and analyze what happens, the ‘hands-on’ money-involved way that always works. I’d usually blog about this, but instead this time I’m starting this thread, hoping for some input from others. There will be further posts
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
SOOPOO
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January 4th, 2025 at 6:33:12 AM permalink
Do you mean it’s a

‘Tie no bet’ line?

I’ve used them (nefariously?) when I ‘needed’ to make a ‘big’ bet to get a free bet. But wanted as little variance as possible. So take a big favorite in soccer. So maybe I get -2000, and the other side was +900. Even if the bet resolves as a tie, I still got the free bet.

As a stand alone bet, they seem to take MORE juice than regular bets.
Garbados
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January 4th, 2025 at 7:08:36 AM permalink
Thank you, I'll keep that in mind!
odiousgambit
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January 4th, 2025 at 10:17:18 AM permalink
Quote: SOOPOO

Do you mean it’s a

‘Tie no bet’ line?

I’ve used them (nefariously?) when I ‘needed’ to make a ‘big’ bet to get a free bet. But wanted as little variance as possible. So take a big favorite in soccer. So maybe I get -2000, and the other side was +900. Even if the bet resolves as a tie, I still got the free bet.

As a stand alone bet, they seem to take MORE juice than regular bets.
link to original post

no, it's not exactly the same as 'tie, no bet'

as an example, today's bruins vs Leafs NHL at a site, I'll show winnings per unit [not incl orig bet]
you just see two things listed together on what you bet on. I'll use a comma

I'm showing what I literally see when I bet a dollar

normal tie no bet ........................ bruins +150, leafs -200 ............. paying 1.50 and 50 cents , resp, per unit
asian handicap............. bruins +0.5, 1.825, leafs -0.5, 1.975 ............... pay 82c and 97c, resp

so what happens if there is a tie, Asian? evidently Bruins bet pays and Leafs bet loses... "no bet" does not happen in Asian.

>>>

or you can bet "Asian goal line" which *I think* is a way of betting on the total points of the game

you bet over or under 5.75, which is impossible of course, so there can be no tie

listed............ over, 1.950 .... under, 1.850 ..... now get this:
bet a unit on the over and you see on your slip "over 5.5, 6.0 1.950" and it pays 95 cents
bet a unit on the under and see "under 5.5,6.0 1.850" and it pays 85c

so what does it mean to show 5.5,6.0 for either way you bet? I don't know

if you bet the traditional, not asian, over or under it could tie as the bets are for over or under 6 and it's -105 for the over and -115 for the under, paying 95 cents and 86 cents, with the possibility of 6 exactly happening

still working on this
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
odiousgambit
odiousgambit
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January 4th, 2025 at 10:22:47 AM permalink
the above could be wrong

I can't understand what is written in wikipedia, that shows part of the bet refunded. what?

Quote:

Example:

Match: Everton v. Newcastle Line: Everton -1.75

Let's say you bet $100 on Everton -1.75 at odds 2.29. If they win by exactly two goals, then the outcome will be:

$50 is refunded (H -2.0)
$50 wins at 2.29 (H -1.5)

For a total return of $164.50, or a $64.50 profit.



https://en.wikipedia.org/wiki/Asian_handicap
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
Archvaldor1
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odiousgambitcamapl
January 5th, 2025 at 6:52:32 AM permalink
Quote: odiousgambit

I’m starting to see the following statement on some of the online sportsbook offers, and it has me intrigued.

Quote:

Profit Boost is available on all markets, excluding Asian Handicaps and [Asian] Goal Line markets.

Obviously it raises the question “oh? why is that?“ so I’ve begun to look into it.



First, well done for figuring out that something that gets prohibited is potentially ap. That's a great way to find plays. If book a forbids a play book b might still offer it and you could make money.

Asians are often excluded from promotions simply because the house edge is razor-thin. Almost any promo, even a very marginal one, will give you the best of it.
Archvaldor1
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odiousgambit
January 5th, 2025 at 6:54:17 AM permalink
Quote: odiousgambit

the above could be wrong

I can't understand what is written in wikipedia, that shows part of the bet refunded. what?

Quote:

Example:

Match: Everton v. Newcastle Line: Everton -1.75

Let's say you bet $100 on Everton -1.75 at odds 2.29. If they win by exactly two goals, then the outcome will be:

$50 is refunded (H -2.0)
$50 wins at 2.29 (H -1.5)

For a total return of $164.50, or a $64.50 profit.



https://en.wikipedia.org/wiki/Asian_handicap
link to original post




With a -1.75 handicap line (which is split between -1.5 and -2):

Half your stake ($50) is placed on Everton -1.5
Half your stake ($50) is placed on Everton -2

If Everton wins by exactly 2 goals:

The -1.5 portion wins: $50 × 2.29 = $114.50
The -2 portion pushes (refunded): $50 returned

Total return: $114.50 + $50 = $164.50
Your profit would be $164.50 - $100 = $64.50
odiousgambit
odiousgambit
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January 5th, 2025 at 11:14:26 AM permalink
Quote: Archvaldor1


Half your stake ($50) is placed on Everton -1.5
Half your stake ($50) is placed on Everton -2
link to original post

thank you

that nailed it down what I didn't get

stay tuned
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
odiousgambit
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January 7th, 2025 at 11:57:53 AM permalink
having some trouble continuing as I can't copy and paste the betslips or anything else

the notations you get on the betslip etc are hard to understand

but stay tuned
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
camapl
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January 7th, 2025 at 2:16:24 PM permalink
Quote: odiousgambit

having some trouble continuing as I can't copy and paste the betslips or anything else

the notations you get on the betslip etc are hard to understand

but stay tuned
link to original post



Try taking a screenshot… If that doesn’t work, take a picture of the screen with another device. Then, crop or black out any sensitive information.
It’s a dog eat dog world. …Or maybe it’s the other way around!
odiousgambit
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January 7th, 2025 at 3:24:41 PM permalink
there are things that I don't quite 'get' so when i start to report on them I have to ask "did I write that down wrong?"

so yes I am now taking a screenshot so I can double check. May or may not show them here
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
odiousgambit
odiousgambit
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January 8th, 2025 at 5:13:19 AM permalink
To really give enough information has been harder than I thought, including pregame odds etc, so earlier efforts I’m not showing. Here is a recent game where I’ve finally supplied close to enough information.

team A -130, team B +110 [non-asian pregame odds]
o/u 6, -130,+110 [non-asian pregame]

final score team A 4, team B 5 *in overtime*
however,
note well: end of regulation score 4:4 draw

fyi in non-asian betting
‘tie no bet’ -150, +110
tied in regulation so either bet pushed in this non-asian type

Asian Handicap ………… [didn’t do asian goal line]
Team A ........... 0.0, -0.5 1.975 [pregame odds]
betslip: I bet on Team A [adjusted to as if $1 bet]
betslip shows Team A ........... 0.0, -0.5 1.975
‘returns’ 1.96 [pregame notation]

settled bet:
½ lost, ½ void
“return” 50c

end of regulation score was 4:4 draw so that is how half is void [the 0.0] and how half is a loss [the -0.5]
clearly this is not “tie no bet” but “tie half back". Would +0.5 have won half? Not sure!
next post will have more information and an Asian goal line bet
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
odiousgambit
odiousgambit
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January 10th, 2025 at 11:56:59 AM permalink
I think I have this down now, as usual once you figure something out, it's hard to remember why it wasn't clear. On the other hand, you can’t say this is simple to compare! And it is possible something below is in error

TLDR? look for in italics and in bold

The bet to compare Asian Handicap to is the non-Asian 'tie no bet' . For example, for Canadiens at Capitals tonight, not expected to be close, the 'tie no bet' is pregame odds +210, -300 resp.

Asian Handicap pregame is +1.0 ........ 1.900
and -1 .......... 1.9000 , Canadiens and Caps. resp.

If there is a tie in regulation, it's no bet in the 'tie no bet' non asian, while the asian handicap bet either wins or loses based on the +1 or -1 .The bet is not split up*... and 'returns' 1.90 per unit , or 90c winnings. [The pregame odds non-asian are +180, -220 but would resolve on who won in overtime if tied in reg] . If either side wins in regulation by just one pt, Asian H. results in a push!

For the tie-no-bet only a tie is no bet. Caps winning in tie-no-bet gives 33c winnings, Canadiens give 2.10.
If you are looking to win big with Montreal, you don’t want to bet Asian H. If you want to win better on the Caps, and think they’ll win big, bet Asian H.

[Meantime non-asian pregame on the puck line is on 1.5 pts, so betting Asian is quite different there too and I won’t compare that.]

Asian goal line is ............ 6.0 .......... the over 1.950 and the under 1.850

in this instance there is no splitting up of the bet*
Non-asian it’s also 6 , with O6.0 -120, U6.0 +100
exactly 6 will push asian or tie-no-bet in regulation either one

the under pays 95c winnings per unit over 6, 85c under 6, asian
in non-asian winnings per unit are 1.00 and 83c, resp.
The under pays better Asian, the over pays quite a bit better non-Asian
I’d say bet Asian goal line in this likely not-close game if you like the under only

Remember: this is not expected to be a close game

Next: I'll compare a close game

* this seems to be when not expecting the game to be close
Last edited by: odiousgambit on Jan 10, 2025
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
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