What is Odds Reading and Uses in Sports Betting

What is Odds Reading and Uses in Sports Betting is a popular bet at Casino Online. Online casinos large and small online casinos provide sports betting. Sports betting at online casinos can be played in the menu sportsbook. There are some basic things you should know before betting on sports betting, like reading odds and bet types. In this article we will discuss reading odds.

Odds reading at Sportsqq288.com the biggest online sports betting site in Malaysia is a very important thing to understand before you bet there is sports betting. Understanding the odds of reading you can recognize a team that has a better chance. You will also understand how much profit you will get in the betting sports betting. In an online casino, there are several types of odds that are popular. They are Decimal Odds Fractional odds, American Odds, Hong Kong Odds, Odds Indonesian, and Malaysian Odds

What is Odds Reading and Uses in Sports Betting

What is Odds Reading and Uses in Sports Betting

Decimal Odds

Odds Decimal popular in Europe, Canada, Australia, and New Zealand. Most online casinos provide Decimal odds in the sportsbook betting in Bettingqq101.com Malaysia Online Sports Betting Site, Live in Play Bets. Decimal odds are very easy to understand. You simply multiply your bet by the value of the odds offered. Decimal Odds enter your bet on the odds. For example, if you bet of $ 100 on the decimal odds of 3.00. Then you will get $ 300 in total if your bets win. Your profit is $ 200. That’s because your winnings of $ 300 minus your bet of $100. Decimal Odds is also known as European odds.

Fractional Odds

Fractional odds are the odds that used in horse racing. Fractional Odds popular in the United Kingdonm and Ireland. Fractional odds are also commonly known as UK odds. In Fractional odds, the advantage you that will get is the value of your bet is multiplied by the odds offered. Fractional odds using fractional form with a slash. Such as 2/1 or 1/2. For example, you bet $ 100 on Fractional Odds 2/1, then you would make a profit of $ 200. The other example you bet $ 100 on fractional odds 1/2, you will get a $ 50 profit if your bet wins.

What is Odds Reading and Uses in Sports Betting for different countries

American Odds

American Odds also known as moneyline odds. American Odds is commonly used in the United States. In this betting odds, value may be either positive or negative. Examples of positive form is +400. If you bet $ 100 on American Odds +400, then you will get a profit of $ 400 if your bet wins. The second form is negative. Examples of negative form is -400. If you bet $ 100 on American Odds -400, then you will get a profit of $ 25 if your bet wins.

Hongkong Odds

In betting sportsbook, Hongkong Odds symbolized by HK. Hongkong Odds are popular in the East Asia region. Hongkong Odds use a decimal form. The way of calculating Hongkong odds similar to Decimal Odds. Only bet value is not included in the odds. For example, you bet $ 100 on Hongkong odds 2.00. If you bet you win, you will get a profit of $ 200. Thus, Hong Kong odds 2.00 is equal to decimal odds of 3.00.

Indonesian Odds

In sportsbook betting, Indonesian Odds symbolized by IND. Indonesian Odds are popular in Indonesia. Indonesian Odds use a decimal form. Indonesian odds form can be either positive or negative. Examples of positive form: you bet $ 100 on Indonesian odds of 2.00. You will get a $ 200 profit if your bet wins. The second form is the negative form. The way of calculating the negative form on the Indonesian odds a little different. For example if you bet $ 100 on the odds -1.06 Indonesian means if your bet loses, then you must pay $ 106. If your bet wins, you will get a $ 100 profit.

Malaysian Odds

In sportsbook betting, Malaysian Odds symbolized by MY. Malysian Odds are popular in Malaysia QQ188asia.com Best Online Sports Bookie website & Asia Top Free Bets Bookmaker. Malysian Odds use a decimal form. Malaysian odds forms can be either positive or negative. Examples of positive form: you bet $ 100 on Malaysian odds 0.6. You will receive $ 60 profit if your bet wins. The second form is the negative form. The way of calculating the negative form in the Malaysian odds a little different. A negative value means that your bet will be divided by the odds. For example, you bet $ 100 on the odds Malaysian -0.2. If you win, you’ll get a $ 100: 0.2 is $ 500.

By knowing how reading odds, then you can determine which team is favored. You can also specify the target of your profit when you know how reading odds.