Asian handicap betting is a form of betting on football in which teams are handicapped Explained: This handicap states that half of your bet goes on Newcastle to win, draw, or lose by less than 1 goal; and half on Newcastle to win, draw. Asian Handicap (or Hang Cheng) is a form of football betting which of Asian Handicaps – those with a single handicap (e.g. –½) and those with two handicaps. to help with Asian Handicap betting on Betfair. Home › Football › How to win money betting on Asian Handicap markets Er what do you mean?.