If you are someone involved in placing wagers on sporting events you may have already heard about something known as handicapping. The interesting thing is that you may not know the different definitions that apply to this term.

For instance, it can often be used to place bets against a “points spread” between two teams. Generally, it means that the player will have to predict the result of the competition or event, but if the point spread is less than what they wagered, they lose the bet.

It is also a term applied to horse racing as well. Here, handicapping can be used to describe the additional weights given to a horse in order to “level the field” or it can mean that it is similar to a point spread sort of wager. For instance, a gambler can try to predict horses with the greatest chances for winning a particular race, and then making specific wagers on the outcome.

Anyone who seeks to use any sort of handicap data is going to have to spend some time doing a bit of research in advance of placing their wagers. This is because it often takes a lot of information to determine whether or not a bet is likely to generate results.

Remember, handicapping can demand some fairly accurate predictions. Just consider a point spread wager…this is something that would demand the gambler to understand the seasonal performance of the teams, how they seem to perform against one another, how they perform in different weather conditions, which players are going to be involved in the game, and even which coaches are active as well. This is just as much science as it is guessing, but if done properly can often generate great results.

Some major betting sites and agencies offer tips for those who hope to place wagers using this data, and this could be a good “short cut” to successful betting.