Football betting is very popular in Malaysia, with many punters using foreign bookmakers to bet on the EPL and many other football leagues around the world. Like in many other places such as Indonesia or Hong Kong, Malaysia have their own odds format called Malay odds.
Like other moneyline odds – namely US and Indo – Malay odds are expressed as either positive or negative and are related to a set base unit. Malay odds are based on 1.00 unit stakes, like Indo odds, and differ from US Moneyline odds which are based on 100.00 stakes. The main difference though is that Malay odds are inverted compared to US and Indo odds. This means that positive US and Indo odds are negative for Malay, and negative US and Indo odds are positive for Malay.
With Malay odds, if something has a 50% chance of winning, it is written as 1.00 to represent even money. If you placed a bet at 1.00, then you would win the amount you staked on top of your initial stake being returned. Positive Malay odds represent a probability of over 50% chance of winning and mean that you will need to stake more than you receive in profit – for example, odds of 0.65 indicate that you would make a profit of 0.65 units for every 1 unit wagered, so betting £20.00 on odds of 0.65 would return £33.00 with £13.00 of this being profit.
Negative figures have a probability of under 50% and represent the underdog, meaning that you will get back more profit than your initial wager if the bet is successful – for example, Malay odds of -0.50 mean that you would win 1 unit profit for every 0.50 units staked, so staking $10.00 on odds of -0.50 would return $30.00 of which $20.00 is profit.
A common feature on most online betting sites is the ability for the bettor to switch between odds formats based on their preference. This means that if you aren’t a fan of Malay odds, then you can easily switch to another odds format – for instance, Decimal or Fractional odds – and the bookmaker will automatically do the odds conversion for you and display the new format.
The calculation is relatively simple to convert Malay odds to Decimal odds should you wish to. If the odds are positive, simply add 1 to the Malay odds, for example, Malay odds of 0.87 is the same as Decimal odds of 1.87. To convert negative Malay odds to decimal odds, divide 1 by the Malay odds and add 1 to the result – for example, Malay odds of -0.60 is the same as Decimal odds of 2.67, which is derived from the equation (1 + (1 / 0.60)).
Where the odds are positive:
Stake x Odds = Profit
Where the odds are negative:
Stake / Odds = Profit
1) Italy are playing Spain and the odds of Both Teams To Score is 0.90. You stake £50.00 on both teams scoring:
£50.00 stake x 0.90 odds = £45.00 profit
You would make £45.00 profit if both teams score, in addition to receiving your initial stake of £50.00 back, to make a total return of £95.00.
2) In football, if Inter Milan are favourites at odds of -0.71 to beat AC Milan who are underdogs at odds of -0.43 and you wager $200.00 on an Inter
$200.00 stake / -0.71 odds = $281.69 profit
You would make $281.69 profit if Inter Milan win, in addition to receiving your initial stake of $200.00 back, to make a total return of $481.69.
3) Lionel Messi is available at odds of 1.00 to score anytime and you place a €30.00 stake on the Argentinian finding the back of the net:
€30.00 stake x 1.00 odds = €30.00 profit
You would make €30.00 profit if Messi scores, in addition to receiving your initial stake of €30.00 back, to make a total return of €60.00.