Sports betting is a huge industry with odds formats changing from region to region. A lot of bettors from Malaysia love Decimal Odds, which means that you need to know what they are and how to convert them. Whether you are new to sports betting or seasoned, a solid understanding of what decimal odds means will enable you to make more informed betting decisions and readily work out potential returns. Let’s Playdash Malaysia understand decimal odds and how to place bets with these odds.
What Are Decimal Odds?
Decimal odds are simply a method to show the potential return of our bet. Many of the sportsbooks, both online and offline also use Decimal odds in Malaysia as well as in Europe continents and Australia.
Decimal odds tell us how much a bettor can expect to receive for each betting unit of currency. This number or figure includes the original bet of the gambler and with this, you can calculate how much is yours in terms of profit by just looking at it.
As an example, if a sports team is listed at 2.50 odds – then betting RM100 will earn you back a total of RM250 in the event of a winning punt. This payout is RM250 of which your RM100 stake plus RM150 profit.
How Decimal Odds Work in Malaysia
Decimal odds are a bit easier to work out, so that is why most online sportsbooks in Malaysia will display their odds in decimals. For those who do not have a complete grasp of the system, here is a brief description of how it works:
Decimal Odds = Total Return / Stake
This formula will tell you how much you will make in total for a winning bet with your initial wager. For instance, if you are placing an RM100 bet on a market at odds of 3.00 then the total returns will be RM300 including stake + profit.
Example:
Team A vs. Team B
– Team A is listed with odds of 2.40.
– Team B has odds of 1.75.
If you bet RM100 on Team A, the total payout would be:
– RM100 x 2.40 = RM240 (includes RM140 in profit and your RM100 stake).
In case you bet the same amount on Team B, your total payout would be:
– RM100 x 1.75 = RM175, (includes RM75 in profit along with your original RM100 stake).
Why Decimal Odds Are Popular in Malaysia?
There are several reasons why Malaysia players widely accept decimal odds:
1. Simple to Understand and Use
Decimal Odds are the default odds format for sports betting in Malaysia, and the reason is quite simple. They are also much simpler to read than fractional or American odds. Bettors can ascertain the likely returns at a glance, without ever having to perform any tricky conversions. When you search for Malaysia sport betting guides for beginners, you will see one of the best tips is to place a bet with a decimal.
2. Decimal Odds Clarity for New Bettors
Decimal odds make it easier for beginners in sports betting to interpret how much they may win or lose. In a decimal format, bettors can see the total return, which includes their original wager and the profits.
3. Standardized for Online Betting
For international use, most online sportsbooks in Malaysia default to decimal odds.
4. Preferred for Accumulators
Decimal odds make it possible to combine multiple selections in a straightforward way – popular for combination or accumulator bets. When multiple selections are placed in one bet, the decimal odds of each selection are simply multiplied together. This gives betters a quick look at their projected payout if they win all legs.
Example of an Accumulator Bet:
If you place a RM100 bet on 3 football matches with the following decimal odds:
– Match 1: 2.00
– Match 2: 1.80
– Match 3: 1.90
The total payout can be calculated as:
– RM100 x 2.00 x 1.80 x 1.90 = RM684, including both the stake and the profit.
Compared Decimal Odds to Other Odds Formats
In Malaysia, decimal odds are the most widely used format, although some platforms also offer other formats tailored to their market such as fractional odds and money line.
Decimal Odds vs. Fractional Odds:
For example, fractional odds (e.g., 3/1 or 5/2) express the potential profit relative to the stake. Wagerers with an aversion to decimal odds ask why use them when fractional odds are readily available. Instead, they think in terms of 1/3 or 5/2, as they do at the race track. Decimals scare them: 1.33 pays only a third (33 of 100) profit, and RM1 is too much arithmetic to find out how much that will be. Decimal odds, on the other hand, reveal to you what your total payout will be.
Decimal Odds vs. Moneyline Odds:
They are frequently used in the US and present as moneyline odds (+200, -150), where $100 is usually the wager. The odds above are the standard way that sportsbooks post lines; positive odds (+200) being how much you can make on a $100 bet and negative odds (-150) being how much you need to wager to profit $100. Decimal odds make it so that you are given one number that represents your payout.
Decimal odds are far more common in the Malaysian betting market compared to fractional or moneyline odds as they allow for simpler calculation and usage amongst different sports and markets.
How to Use Decimal Odds in Malaysian Sports Betting
For Malaysia bettors, here is how you can place a bet through decimal odds:
– Find the Event and Market:
Select the sport, competition, and market you want to bet on. In the top Malaysia sports betting like Playdash, you can bet on numerous tournaments such as the Champions League, ELP, NBA, etc. Remember to join Playdash Sport 100% Risk-Free Bet and claim your bonus.
– Select the Bet and Review the Odds:
Choose the odds you want to bet. The decimal odds will indicate what you stand to gain from a winning bet with your actual stake being added on.
– Place Your Bet:
Once you make your selection, enter the stake that you want to place and the betting site will automatically display your potential returns or winnings based on their decimal odds.
– Confirm and Wait for the Outcome:
If your wager is successful, the entire return will be added to your account.
Conclusion
The Decimal Odds format is the default paling and provides bettors with a very simple way of calculating potential returns. If you are betting on soccer, tennis, or another sport – decimal odds provide you with an easy understanding of what your winnings will become, including the profit and stake. Decimal odds are the user-friendly way to sports betting, as they cater to everyone from total beginners up to accomplished punters and well-seasoned bettors.
