betting odds explained

Types Of Sports Betting Odds Online

Malaysian odds (also Malay odds)

Football betting is very popular in Malaysia, with many punters using foreign bookmakers to bet on the EPL and many other football leagues around the world. Like in many other places such as Indonesia or Hong Kong, Malaysia have their own odds format called Malay odds.

Malay Odds Formula

Odds are positive:

Stake x Odds = Profit

Odds are negative:

Stake / Odds = Profit

+0.93 – 0.8
$100 x  0.93 = $93 $ 100 / 0.8 = $125

Malaysian Odds Examples

Example 1 :  Italy are playing Spain and the odds of Both Teams To Score is 0.93 . You stake $100 on both teams scoring:

$100 stake x 0.93 odds = $93  profit

You would make $93 profit if both teams score, in addition to receiving your initial stake of $100 back, to make a total return of $193

Example 2 : In football, if Inter Milan are favourites at odds of -0.80 to beat AC Milan and you wager $200.00 on an Inter
Milan win:

$200.00 stake / -0.80 odds = $250

You would make $250 profit if Inter Milan win, in addition to receiving your initial stake of $200.00 back, to make a total return of $450.

Hong Kong odds (also HK odds)

As the name suggests, Hong Kong odds are mostly used by people living in the East Asia city-state. Despite not being used much outside of China, Hong Kong odds – often shortened to HK – are one of the simplest odds formats available to use to work out profit.

Hong Kong Odds Formula
Stake x Odds = Profit
$50 X 1.85 = $92,5

Hong Kong Odds Examples

Example 1 : In football, if Bayern Munich are favourites to win the Champions League at odds of 2.25 and you stake $100.00 on them to win the trophy:

$100.00 stake x 2.25 odds = $225.00 profit

You would make $225.00 profit if Bayern Munich win, in addition to receiving your initial stake of $100.00 back, to make a total return of $325.00.

Example 2 : In football, if Chelsea are favourites to beat Everton with odds of 0.71 and you place a $50.00 stake on Chelsea to win:

$50.00 stake x 0.71 odds = $35.5 profit

You would make $35.5 profit if Chelsea won, in addition to receiving your initial stake of $50.00 back, to make a total return of $85.50 .

Decimal odds (also European odds)

Decimal odds, also known as European odds, are popular because of their simplicity. They’re shown as two figures separated by a full stop.

Decimal Odds Formula
Stake x Odds = Payout
$100 x 2.28 = $228

Decimal Odds Examples

Example 1 : In football , if Thailand  are favourites to win the World Cup at odds of 4.50 and you stake $100 on them to lift the trophy:

$100.00 stake x 4.50 odds = $450.00

You would win $450.00 if Thailand  win, which is made up of the $100.00 stake and $350.00 profit.

Example 2: In football, if Man Utd are favourites at odds of 2.10 to beat Liverpool  and you  place stake $30.00 on Man Utd to win:

$30.00 stake x 2.10 odds = $63

You would win $63 if Man Utd win, which is made up of the$30 stake and $33 profit.

Indonesian odds (also Indo odds)

Indonesian odds (also Indo odds)– Indonesian odds are very similar to Moneyline odds but are divided by 100.

Indo Odds Formula

Odds are positive:

Stake x Odds = Profit

Odds are negative:

Stake / Odds = Profit

+1.93 – 1.25
$100 x  1.93 = $193 $ 100 / 1.25 = $80

Indonesian Odds Examples

1) In football, if Malaysia play Indonesia and the odds of Over 2.5 goals is -1.25 and you stake $200.00 on there being three or more goals in the game:

$200.00 stake / 1.25 odds = $160.00 profit

You would make $160.00 profit if there are Over 2.5 goals, in addition to receiving your initial stake of$100.00 back, to make a total return of $260.00 .

2) In Football , if England are favourites at odds of -1.25 to beat Singapore who are underdogs at 1.50 and you stake $250.00 on Singapore to win:

$250.00 stake x 1.50 odds = $375.00 profit

You would make $375.00 profit if Sri Lanka win, in addition to receiving your initial stake of $250.00 back, to make a total return of $625.00.

So, now that we’ve seen various betting odds explained, where will you go to find the top-rated prices and best deals?

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