Various Sports Betting Odds That Beginners Should Explore

Sports betting is not solely picking a team, and waiting for the result of the game to know whether you win or not. There’s more to explore, especially these betting odds.

• Hong Kong Odds – The Hong Kong Odds (HK) is similar to Decimal Odds, yet the original bet is not a part of the system. For example, a stake on a game with 100 unites for 2.00 will provide a return of 300, wherein 200 is the profit.
• Indonesian Odds – The Indonesian Odds (ID) displays the amount in exchange for 1.00 per unit. The odds of 1.00 will determine that you’re doubling your gain when you win one piece for each that you place for a bet. However, the odds can be negative or positive. The unfavourable odds will tell you to get one unit for betting, while the positive one displays your earnings for each placed piece.
• Decimal Odds – The Decimal odds displays the format 2.00, 4.00, 15.00, and more. It will include the gambler’s original bet of 1.00 unit, regardless of how many it is.
• American Odds – The American Odds (US) or “US Moneyline” can be confusing. Whatever is negative, it’s an “odds-on” favourite. Whatever is positive, it’s “odds against.” For example, if you bet $125 on a -125 favourite, it would earn $100. As for the $100 bet on +125, it would gain $125.
• Malay Odds – Instead of the US odd’s 100.00, the Malay Odds (MY) shows the equal odds with the 1.00-base unit. The “odd-ons” at -107 in the American odds might be equivalent to 0.93 for the Malay odds. For example, if you bet for a 1.00 unit, the return is 0.93. It has an over 50%-chance of winning If the odds are unfavourable. Moreover, if states -0.10, you need to bet 0.10 to gain 1.00.

Understanding these betting odds might give you confusion at first, yet if you continue to play sports betting games, you’ll find your way in applying these. These different betting odds will be a big help in enhancing your experience and knowledge, regardless of any sport, you prefer for betting.