Malaysian odds, or Malay odds, are one way to correspond the relationship between your stake and your potential profit on a given bet. These odds depend on local customs and are similar to a local language in a way. If you show up in one country speaking a different language, people may not understand you. The same is true with bookmakers.
If you are trying to bet using American odds in a Malaysian book, they may not understand what you are trying to do. Luckily, we’re to help.
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How Malaysian Odds Work
Here are a few examples that help to illustrate the conversion from American odds into Malaysian odds and back again. Malaysian odds are expressed in decimals, either positive or negative.
If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. This bet might come into play with a total or two closely matched clubs.
Let’s take a look at some examples.
Malaysian Sports Betting
Malaysian sports betting is centered around soccer. Estimates run as high as 90% of all wagers placed in the country are bets on soccer matches. Although there are laws in place to try and curb this gambling, the underground gambling economy has truly flourished.
Betting exchanges are very popular as well in countries such as Malaysia, allowing punters to back teams against each other and the house takes it’s cut from the winner.
Final Thoughts on Malay Odds
Malay odds are pretty simple to figure out once you get the hang of it. There are lots of online tools that can be used to convert to and from American and Malay odds, so if you use a sportsbook that lists the odds in Malay odds format, you can easily go back and forth.
Hopefully this article helped explain the thought process behind the Malay odds format and was helpful in figuring out how much you can win for each unit risked, so that you can make the best use out of the best sports betting sites.