Video processing methods and apparatuses for coding a current block generate a final predictor by combining multiple predictors of the current block. One of the predictors for the current block is a motion compensated predictor, which is generated according to one candidate selected from a first candidate list. The construction of the first candidate list includes deriving an average candidate by averaging motion information of existing candidates in the first candidate list. A second predictor for the current block is another motion compensated predictor or an intra predictor.