An example of a handicap is a race where heavier people have to carry less weight and the lighter people have to carry more weight.
An example of a handicap is a broken leg.
An example of handicap is to pour a slippery substance over an obstacle course.
Age is often a handicap.
The older boy won, even though his opponent had been granted a handicap of five meters.
A handicap in chess often involves removal of the queen's rook.
The candidate was heavily handicapped.
Grandpa Andy would buy the racing form the day ahead of time so he could handicap the race before he even arrived at the track.