Guide to Malaysian Odds Betting
Understanding the essence of Malaysian odds betting will help you increase your chances of winning. Read the guide below and join win betting tips to learn more about this type of odds.
Malaysian odds betting is easy to understand and play, but do you truly understand the essence of Malaysian odds? Can you distinguish this type of odds from others on the market such as American odds, Hong Kong odds, or do you simply rely on luck to win? If you have a comprehensive understanding of this type of odds, you will have a higher chance of winning bets. So let's delve deeper into this popular betting option.
What are Malaysian odds?
As mentioned above, Malaysian odds are a popular betting option in the betting market and are chosen by many players. Similar to other odds, Malaysian odds are displayed in positive and negative numbers, which are numbers analyzed by the bookmakers based on the performance of the two teams. Malaysian odds have a unit of 1.00, similar to Indonesian odds.
To be honest, when starting betting, you should not choose Malaysian odds because although they are known as "high returns, low losses," they require players to have experience and good calculation skills to conquer this type of odds.
How Malaysian odds work
Have you ever wondered why Malaysian odds are known as "high returns, low losses"? Let's find the answer to this question together. Because Malaysian odds have both positive and negative odds. So:
Positive odds
If any team has a 50% chance of winning, the odds will be recorded as 1.00 to indicate that 1 bet will win 1. The formula for calculating winning bets is = bet amount x odds.
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 10m x 0.8 = 8 million. And of course, your initial bet amount as well.
Negative odds
If you see negative odds, it means the winning probability is below 50% and represents the underdog team. If you bet on the underdog team and win, the amount you receive will be more than your initial bet amount. The formula for calculating winning bets is = Bet amount / odds.
Example: In a football match between South Korea (SK) and Vietnam (VN). SK gives VN a 0.5 handicap with odds of -0.9 when betting on VN.
If you bet 10 million on VN and win, you will receive 10m / 0.95 = 10.52m. And of course, your initial bet amount as well.
If you bet on VN and lose, you will only lose: 10m x 0.95 = 9.5m. You won't lose your entire bet amount. This is the answer to "low loss."
Converting Malaysian odds to decimal odds
Currently, most popular betting websites have features to help players convert between different odds formats, based on the preferences and strengths of each player. Meaning, if you don't like Malaysian odds, you can easily convert them to fractional or decimal formats. The sports bookmaker will automatically perform this conversion to the new format.
If you want to convert or cross-check yourself, follow these instructions:
Positive odds: You just need to add 1 to the Malaysian odds:
Example: Malaysian odds are 0.8, which is equivalent to decimal odds of 1.87.
Negative odds: You just need to divide the Malaysian odds by 1 and then add 1 to the result.
Example: Malaysian odds are 0.5, which is equivalent to decimal odds of 3, because: (1 + (1/0.5)).
Illustrative examples
To help you easily understand how to calculate Malaysian odds, we provide some simple examples below for sports betting practice.
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 10m bet x 0.7 odds = 7m profit. In addition, you will obviously receive your initial bet amount. So the total winnings will be 17 million.
Example 2:
Still with the same teams mentioned above, if VN is the favorite team with odds of -0.8 to beat Malaysia, and you bet 10 million for VN to win, then: 10 million bet / 0.8 = 12.5 million profit.
Meaning you will win 12.5 million if VN wins, plus you will receive your initial bet amount. So the total winnings will be 22.5 million.
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 x 1.00 odds = 10 million profit.
You will win 10 million if VN scores, plus you will receive your initial bet amount. So the total winnings will be 20 million.
Conclusion
Above are the experiences, examples, and information about in malaysia online betting website odds compiled and shared by our experts. Understanding the nature and workings of a specific type of odds, as well as having reasonable experience and strategies, will greatly increase your winning chances. We hope the information we shared in this article will be helpful to you when participating in online betting in Vietnam and winning big. Wish you good luck.