Guide to Malaysian Odds Betting
Malaysian odds betting is easy to understand and play, but have you truly grasped the essence of Malaysian odds? Can you differentiate this type of odds from others in the market such as American odds or Hong Kong odds? Or are you simply relying on luck to win? If you have a thorough understanding of this type of odds, you'll have a higher chance of winning your bets. So let's delve deeper into Malaysian odds, a favorite among millions of players, with bookmaker meaning win betting tips .
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What are Malaysian odds?
As mentioned earlier, Malaysian odds, also known as Malay odds, are a popular type of betting odds in the betting market and are favored by many players. Like other odds, Malay odds are displayed in both positive and negative numbers, which are figures analyzed by bookmakers based on the performance of the two competing teams. The unit of Malay odds is 1.00, similar to Indonesian odds.
To be honest, when starting betting, you should not choose Malaysian odds. Although they are dubbed "win more, lose less," they require players to have experience and good calculation skills to conquer this type of odds.
How Malay odds work
Have you ever wondered why Malay odds are called "win more, lose less"? Let's find the answer to this question together. Malay odds come in both positive and negative values:
Positive odds
If a team has a 50% chance of winning, the odds will be displayed as 1.00 to represent a 1-to-1 bet. The formula for calculating winnings is: bet amount x odds.
For example: In a football match between Vietnam (VN) and China (CN) with odds of 0.8:0.85, if you bet 10 million on VN and win, you will receive 10 million x 0.8=8 million. And of course, your initial bet amount as well.
Negative odds
If you see negative odds, it means the chance of winning is below 50% and represents the underdog team. If you bet on the underdog team and win, you will receive more than your initial bet amount. The formula for calculating winnings is: bet amount / odds.
For example: In a football match between South Korea (SK) and Vietnam (VN), with SK giving VN a 0.5 goal advantage at odds of -0.9, if you bet 10 million on VN and win, you will receive 10 million / 0.95=10.52 million. And, of course, your initial bet amount as well.
If you bet 10 million on VN and lose, you will only lose: 10 million x 0.95=9.5 million. You won't lose your entire bet amount. This is the answer to "lose less."
Converting Malay odds to decimal odds
Most popular international betting site list nowadays have features that allow players to convert between different odds formats based on their preferences and expertise. Meaning, if you don't like Malay odds, you can easily switch them to fractional or decimal formats. The bookmakers will automatically perform this conversion.
If you want to do it manually or compare, follow these instructions:
Positive odds: simply add 1 to the Malay odds.
For example: Malay odds of 0.8 are equivalent to decimal odds of 1.87.
Negative odds: divide the Malay odds by 1 and then add 1 to the result.
For example: Malay odds of 0.5 are equivalent to decimal odds of 3, because: (1 + (1/0.5)).
Illustrative examples
To help you easily understand how to calculate Malay odds, here are some simple examples for you to practice sports betting.
Example 1:
In the World Cup 2022 qualifiers, Vietnam (VN) faces Malaysia, and the odds for both teams to score are 0.7. If you bet 10 million on both teams to score, you will win 7 million. Because 10 million bet amount x 0.7 odds=7 million profit. Additionally, you will receive your initial bet amount of 10 million. So the total winning amount is 17 million.
Example 2:
Using the same teams as above, if VN is the favored team with odds of -0.8 to beat Malaysia, the underdog team with odds of -0.5, and you bet 10 million on VN to win, then: 10 million bet amount / 0.8 odds=12.5 million profit.
This means you will win 12.5 million if VN wins, plus you will receive your initial bet amount of 10 million. So the total winning amount will be 22.5 million.
>> See more: List of the most reputable malaysia best betting sites in 2024
Example 3:
Continuing with the same teams, if Cong Phuong has odds of 1.00 to score at any time and you bet 10 million on VN to score, then: 10 million bet amount x 1.00 odds=10 million profit.
You will win 10 million if VN scores, plus you will receive your initial bet amount of 10 million. So the total winning amount is 20 million.
Conclusion
The above are experiences, examples, and information about Malay odds compiled and shared by our experts. Understanding the nature and operation of a specific type of odds, as well as having reasonable experiences and strategies, will greatly increase your winning chances. We hope the information we shared in this article will help you when participating in online betting in Vietnam and winning big. Good luck!