Tag Archives: Betting Market
4 Kinds Of Odds In The Betting Market (Part 2)
3. Malay Odds
Malay Odds are odds representing players’ bets and winnings in positive and negative numbers.
The calculation of Malay Odds will have 2 cases
A. If Odds are positive numbers will be counted like Hong Kong Odds:
When winning: Stakes = Stakes + (Stakes x Malay Odds)
B. Where Odds are Negative (highlighted)
When winning: Winnings = | (Stakes x Malay Odds) | + (Stake x 1.00)
Example: For the match between Leicester vs Fleetwood Town, the odds of Odds Malay Negative are shown in the 1st half match.
If you bet Leicester the handicap is 0.75 in the first half and wager 100 USD. If Leicester won 2-0 in the first half, you would get: | 100 x -0.93 | + 100 x 1 = 193 USD.
When losing bet: Loss amount = Stake + (Stake x Malay Odds)
Example: If you bet Leicester on handicap 0.75 in the first half and bet 100 USD. If Leicester loses in the first half, your net loss will be: $ 100 + $ 100 x 0.93 = $ 93. That is, you hit 100 USD will lose 93 USD, also known as the contract to leave.
In short, for both win and loss cases in Malay Odds of negative numbers: for example, for Odds -0.88, you bet 100,000 and when you win you WIN the bet amount is 100,000, but when you lose you lose only 88,000 instead of losing 100,000 as the odds Hong Kong.
4. Indonesian Odds
The Indonesian Odds are a combination of the Hong Kong odds and the Malay odds. The formula for Indo Odds has 2 cases:
When the Indo Odds are positive numbers:
When Winning: Return = Stake + (Stake x Odds)
Example: With the match between Leicester vs Fleetwood Town
If you bet Leicester on handicap 1.75 then the 100USD odds on the Indo odds are 1.20. The amount you win will be: 100USD + 100USD x 1.20 = 220 USD.
If you lose the bet you will lose all your bet amount.
When the Indo Odds are negative:
When winning: Proceeds = Stakes + (Stakes / | Odds |)
Example: With the match between Leicester vs Fleetwood Town
If you bet Fleetwood Town the handicap is 1.75 and you bet 100USD then the Indo Odds will be -1.33. If Fleetwood Town wins your winnings will be: 100 + (100 / | -1.33 |) ~ 175 (rounding result)
When losing bets: Money deducted = Stakes x | Odds |
Example: Still with the above contract Fleetwood Town, if you lose the money you lose will be: 100 USD x | -1.33 | ~ 75 USD (rounding result).
4 Kinds Of Odds In The Betting Market (Part 1)
Not all soccer bettors know the odds, whether longtime bettors or new players are not sure about the odds. To help players better understand the odds, the following article will explain in detail about it.
Odds are the exchange rate for which the dealer pays the bettor for winning the match after each match. Odds come in many different types, so when you register to play online you need to know what kind of odds the betting site allows for the payout option when placing your bet.
1. European Odds (Decimal Odds)
European Odds or also known as European odds. European odds are always> 1.00. European Odds are usually applied to betting markets such as: 1X2, Exact Score, Parlay, Champion bet …
How winnings are calculated according to European Odds: Winnings = Stakes x European Odds. Of course when you lose the bet: You will be deducted the amount you bet.
Example: For a match between Leicester vs Fleetwood Town, it is European Odds that are on 1X2 for the whole game and the 1st half in a circle position.
If Leicester wins, placing Leicester 100 USD will receive the amount: 100 x 1.28 = 128 USD
If Fleetwood Town wins, placing Fleetwood Town 100 USD will earn: 100 x 11.00 = 1100 USD
If the two teams tie, placing a tie of 100 USD will receive the amount: 100 x 5.4 = 540 USD
There are many types of European handicaps that use the European Odds calculation so there will be a more detailed article on the European handicaps. But European odds are all with the same wagering scheme as above.
2. Hong Kong Odds
The Hong Kong Odds are developed from European Odds but are> 0.00
How to calculate money using Hong Kong Odds when winning: Winnings = Stake + (stake x Hong Kong Odds). When a bet is lost: You will be deducted the amount that was staked
