Malay odd is closely related between your stake and potential profit.
a. Profit less than stake ??Your odds are positive and indicate the profit per unit you bet.
Example : Atletico de Madrid VS Juventus , bet on Under at 0.870 Payout : Stake X (1 + Malay odds) = $100 X (1+ 0.870) = $187 Winning : Stake X Malay odds = $100 X 0.870 = $87
b. Profits larger than stake ??Your odds are negative and indicate the necessary stake to win 1 unit.
Example : Atletico de Madrid VS Juventus , bet on Over at -0.970 Payout : Stake X (1 - Malay odds) = $100 X (1- [-0.97]) = $197 Winning = Stake = $100
The odds show how many units the bookmaker pays back per unit staked.
Example : Leicester City VS Manchester City , Euro odds 1.940 Payout : Stake X Euro Odds = $100 X 1.94 = $194 Winning : Stake X (Euro Odds - 1) = $100 X 0.94 = $94
China odds multiplied with your stake equals the winnings. The odds show how many units you win in pure winning per unit staked.
Example : Olympique Lyonnais VS Barcelona, bet on Over at 0.690 Payout : Stake X (1 + CN odds) = $100 X 1.69 = $169 Winning : Stake X CN odds = $100 X 0.69 = $69
When the odd is negative, they show how big a stake is needed for a profit of 1 and when it is positive, they show the profit from a stake of 1.
a. Positive odds
Example : Leicester City VS Manchester City , Euro odds 1.42 Payout : Stake X (1 + odds) = $100 X (1+1.420) = $242 Winning : Payout - stake = $242 - $100 = $142
b. Negative odds
Example : Leicester City VS Manchester City , Indo odds -1.660 Payout : Stake X (1 – Odds) = $100 X (1+ 1.660) = $266 Winning : Stake = $ 100
Betting on the moneyline is equivalent to picking a team to win the game. It makes it instantly clear, who the favourite is and who is the underdog, and the spread is very transparent.
If the odds quoted are positive (+), this is the amount you win if you bet $100 and your bet is a winner. If the odds quoted are negative(-), this represents the amount you have to bet in order to win $100.
a. Positive odds
Example: Leicester City VS Manchester City, US odds +145 Payout : Stake X (100 + odds) / 100 = $100 X (100+145) / 100 = $245 Winning : Payout - stake = $245 - $100 = $145
b. Negative odds
Example: Leicester City VS Manchester City, US odds -160 Payout : Stake X (100 – Odds) / 100 = $100 X (100+160) / 100 = $260 Winning : Stake = $ 100