A bet that predicts the result of the match at half-time and the result of the match at full-time. In order to win the bet, both predictions must be correct.
A handicap in betting is a weighting added to participants of an event normally to try and even up the chance of the possible outcomes. In football a standard 1 goal handicap would mean that theoretically a team starts the match 1 goal down. To win on the handicap market they would need to score 2 more goals than the opposition. This is most effectively employed where there is a strong favourite in a match. e.g. You may think Manchester United will beat Queens Park Rangers; the odds for them to win the match are 3/10 meaning you would only get £3 profit for every £10 staked, but the odds on a handicap win of -1 goal may be 6/5. Betting on Manchester United in this instance would return £6 profit for every £5 staked, provided they won by two or more goals.
Handicap markets may be employed in other situations where a final score or tally features. For instance, a handicap market on the end of season tally for the Premiership table would offer equal odds for all the participants but each team would be assigned their own handicap points rating according to how high or low the bookmaker rates their chances. When the season finishes and the Premiership table is complete the handicaps are added to the actual points to find the handicap winner. E.g. one team may start the season with 0 handicap points which means come the end of the season nothing would be added to their points total but another team may start the season with 55 handicap points which will be added to theirs; they effectively start the season with a 55-point advantage.
In the sports shown on Oddschecker, the only sport that uses handicapping is horse racing. All horses (once they've run often enough) are given an official rating, which is re-evaluated after each run and falls in somewhere between 0-145 on the flat and from 0-200 over jumps. Each 'point' is equal to one pound of weight, which is then taken into account when framing a handicap race. A horse rated 10lb higher thus carries 10lb more weight than his rival, barring other factors including type of handicap and jockey claims. The handicap system is designed to ensure that all the participants in the race are well matched. Handicappers are judges who assess horses ratings.
Backing an alternative outcome to an event in which you have an involvement; to reduce the risk or guarantee a profit.
A heinz consists of 57 bets involving six selections in different events; i.e. 15 doubles, 20 trebles, 15 four-folds, six five-folds and one six-fold.