Guide to Malaysian Betting Odds

Malaysian betting odds are very easy to understand and play, but have you truly grasped the essence of Malaysian odds? Can you differentiate this type of odds from others on the market such as American odds or Hong Kong odds? Or do you merely rely on luck when placing your bets? If you have a thorough understanding of this type of odds, you will have a higher chance of winning your bets. So let's betting bookmaker meaning delve deeper into this beloved betting option that millions of players enjoy.

What are Malaysian Betting Odds?

As mentioned above, Malaysian odds are a popular form of betting odds in the betting market and are chosen by many players. Similar to other odds, Malaysian odds are displayed as both positive and negative numbers, which are analyzed by bookmakers based on the statistics of the two teams. The unit of Malaysian odds is 1.00, similar to Indonesian odds.

To be honest, when starting betting, you should not choose Malaysian odds because although they are known as "win more, lose less," 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 dubbed "win more, lose less"? Let's find the answer to this question together. Malaysian odds have both positive and negative odds. Therefore:

Positive Odds

If any team has a 50% chance of winning, the odds will be displayed as 1.00 to indicate that placing 1 unit will yield 1 unit. The formula to calculate the 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%, indicating 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 to calculate the winnings is: bet amount / odds.

For example: In a football match between South Korea (SK) and VN, where SK is favored by 0.5 goals with odds of -0.9 when betting on VN.

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 don't lose your entire bet amount. This is the answer to the phrase "lose less".

Converting Malaysian Odds to Decimal Odds

Most popular betting websites now have features to allow players to convert between different odds formats based on their preferences and strengths. This means if you don't like Malaysian odds, you can easily convert them to fractional or decimal formats. The bookmaker sportsbook will automatically perform this conversion to the new format.

If you want to convert or cross-reference manually, follow these instructions:

Positive Odds: Simply add 1 to the Malaysian odds.

Example: Malaysian odds are 0.8, which is equivalent to decimal odds of 1.87.

Negative Odds: 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 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 x 0.7 odds = 7 million profit. Besides, you will receive your initial bet of 10 million back. So the total winning amount is 17 million.

Example 2:

Using the same two teams as above, if VN is the favored team with odds of -0.8 against 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 = 12.5 million profit.

This means you will win 12.5 million if VN wins, and you will also receive your initial bet of 10 million back. So the total winning amount will be 22.5 million.

Example 3:

Continuing with the example of these two 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, and you will also receive your initial bet of 10 million back. So the total winning amount will be 20 million.

Conclusion

The above are experiences, examples, and information about best football betting sites malaysia odds compiled and shared by our experts. Understanding the nature and workings of a specific type of odds, as well as having reasonable experiences and strategies, will greatly increase your chances of winning. We hope the information we share in this article will be helpful to you when participating in online betting in Vietnam and winning big. Good luck!