Different regions calculate odds in a variety of ways, and you need to know how they work if you want to employ sensible betting strategies. The Malaysia Odds format is the most featured odds system in use across various platforms in Malaysia. For some people the system of moneyline betting used in this part of the world may seem a bit strange but, once you get the hang of it, it is quite an easy and efficient way to work out possible profits or losses.
In this guide, Playdash will walk you through what the Malaysia Odds format is as well as how it works and how you can calculate potential profits and losses with examples of bet placements, including why it would be beneficial for a bettor to know such odds.
What Is the Malaysia Odds Format?
The Malaysia Odds is unique to other formats such as fractional odds, decimal odds, and American odds. As Malaysia and other parts of Asia use it a lot, it is necessary to know how Malaysia odds betting works. This odds format is based on the relationship between the amount players bet and the amount they could win, and it is expressed as either a positive or negative number.
Positive Malaysia odds are usually less than 1 and are expressed as a decimal (e.g. 0.75). This implies that the bet is an underdog, equating to more risk, but increased rewards.
Negative Malaysia Odds are larger than -1 and appear as a negative decimal, such as -0.80. This is an example of a favorite bet, which by nature means the bettor is more likely to win the bet, but would also receive a smaller payoff on the same stake as compared to underdog betting.
How to Read Malaysia Odds
Malaysia Odds may appear counter-intuitive compared to more conventional formats but soon becomes quite easy to understand. As mentioned, we have positive Malaysia Odds and negative Malaysia Odds.
1. Positive Malaysia Odds
In positive Malaysia odd, 0.75 you will get 0.75 units profit on each one unit you wage)paren. If you get RM100 of the amount to be placed, when the bet is won you will get RM75 of profit and also another stake in this case it is RM100 as well back to you. The total return that accumulated from there totaled up to RM175.
Here’s a simple formula:
Profit = Bet Amount×Malaysia Odds
For example, if you bet RM200 on odds of 0.75:
Profit=RM200×0.75=RM150
If the bet does go on to win, you would have RM150 in winnings to be added to your original RM200 for a total winnings of RM350.
2. Negative Malaysia Odds
Negative Malaysia Odds are quite different. For example, −0.80 means that you must 0.80 units in the hope of winning 1 unit of profit. You would make a total of RM125 if you bet RM100 – 100 are taken from the original stake and 25 as profit.
Here’s the formula:
Profit=Bet Amount÷Malaysia Odds
For example, if you bet RM100 on odds of -0.80:
Profit=RM100÷0.80=RM125
For this, you will receive RM125 – comprising RM100 from your initial wager plus RM25 of profit.
Benefits of the Malaysia Odds Format
Although the format of Malaysia Odds might sound strange at first, it provides a few important advantages preferred by bettors in Malaysia and Asia.
– Clarity in Understanding Risk and Reward: The best part about Malaysia Odds is that they show the possibility in which you can lose. Malaysia odds are in most cases positive, that negative is a sure one since this is the safer bet which returns a minimum profit.
– Conversion to Other Odds Formats: Bettors that also utilize decimal odds or money lines odds will be able to convert Malaysia Odds effortlessly. For example:
+ To convert from Malaysia Odds to American Odds, add 1 to the Malaysia Odds.
+ To convert Malaysia Odds to Decimal Odds, divide 1 with the ideals of non-changeable analysis and addition of 1.
– Popular in Asian Markets: Malaysia Odds is an especially rare odds format that can only be found in Malaysia, Singapore, Vietnam, and other Asia. This acts as an advantage for bettors in the region, as they will be familiar with how to read local odds at a bookmaker, or any other betting site native to their country. Read Malaysia sport betting tips to know about sports betting in the country.
Differences Between Malaysia Odds and Other Formats
For more insight into the differences between Malaysia Odds compared to other common odds, Playdash will guide you through a couple of comparisons.
1. Malaysia Odds vs. Decimal Odds
– Malaysia Odds: It is given in two ways, one is positive odd which always provides more profit and the second is negative or lower number.
– Decimal Odds: For each unit wagered, the potential return is stake + profit. In Decimal odds, the number means how much you will receive for each RM1 bet, so if a price of 1.75 then this means RM1 on that selection would return RM1.75 (RM0.75 profit).
2. Malaysia Odds vs. American Odds
– Malaysia Odds: Represented in decimal format and could be either positive or negative.
– American Odds: Written as positive or negative whole numbers. American odds show the amount won when wagering RM100, and figures how much you need to risk to get a RM100 profit.
3. Malaysia Odds vs. Fractional Odds
– Malaysia Odds: Showing the better way to determine profit and total return because of simple decimals.
– Fractional Odds: Used primarily in the United Kingdom, this odd presents your profit relative to your stake, like 5/2, where for every 2 units you bet, you win 5.
Conclusion
Malaysia Odds format offers the bettors a unique way to calculate their outcome. By mixing positive and negative odds you get a perfect read on the cost-to-reward ratio of any bet. If you are betting in Malaysia or anywhere else in Asia, learning how to read this type of odds will be useful for your success.
