Indonesian odds have created a sensation in the football betting market since their debut. Gradually, they have become one of the indispensable odds types for football bettors. New players need to understand Indo odds, and the following article will be helpful! Follow MNL777 for more detailed information!
What are Indonesian Odds?
In the Philippine football betting market, Indo odds have been around for a long time and are widely known. Players often choose these odds because they have many advantages, particularly the high payout rates. This has led many passionate bettors to prefer this betting format.
Indonesian odds share many similarities with Malaysian odds. Players will notice that both types of odds have positive and negative values. Therefore, even with a 1 USD bet, there can be two entirely different payout levels.
When choosing Indo odds, losing a bet will result in losing more money than the original bet amount, especially when betting on the favored team. However, this discrepancy comes from the fact that winning bets will yield a higher payout, making Indo odds highly attractive. The high risk is compensated by a much higher return compared to other odds types.
Characteristics of Indonesian Odds
Many newcomers are still unaware of the distinguishing features of different types of odds. After betting for a sufficient period, players will gradually recognize the characteristics of each type and decide which odds are the most reasonable to bet on. In Indo odds, you have the option to bet on positive or negative odds:
- When choosing the even odds, the player will receive back the initial bet amount, with a return rate of 1.00.
- When betting with positive odds and winning, those who bet on the underdog have the potential to receive a larger amount than their initial stake.
- In the case of a win with negative odds and betting on the favored team, the player will still receive the payout, but at a lower rate compared to positive odds.
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How to Calculate Indonesian Odds
The more diverse the odds, the more varied the payouts. Players need to understand how to calculate the payout rates for different types of odds. For Indo odds, the profit calculation is divided into two scenarios:
Positive Indo Odds:
- Winnings = Initial Bet Amount x Bookmaker’s Odds
Negative Indo Odds:
- Winnings = Initial Bet Amount / Website’s Odds
After understanding how to calculate Indonesian odds, players should apply this knowledge to their bets to recognize the differences between the two types of odds. The advantage of Indo odds is that players will receive a payout corresponding to their bet amount, regardless of the odds they choose.
Example of Calculating Indonesian Odds
In Indo odds, the bet with a higher payout rate is called positive Indo odds. These odds are indicated by a “+” sign before the number, or sometimes the positive number stands alone. When betting with positive Indo odds, players choose a currency unit to receive a payout corresponding to the odds.
For example, in the UEFA 2020 match, the Over/Under bet for the first half between Hungary and Germany has an Over bet with odds of 2.85. If you bet 1 USD, the winnings will be calculated as follows: Winnings = 1 USD x 2.85
For negative Indo odds, indicated by a “-” sign, these are applied to the team with a higher chance of winning, also known as the favorite. The characteristic of negative Indonesian odds is that they show the amount you need to bet to win one unit of currency.
For example, in the Euro match between Hungary and Germany, the negative odds for an Under bet on Hungary in the first half are -4.35. To win 1 USD, the player needs to place a bet according to the formula: Winnings = 1 USD x 4.35
Strategies for Playing Indonesian Odds to Beat the Bookmaker
Indo odds, as described by industry experts, are quite easy to play. However, not everyone can achieve victory. Bettors need to equip themselves with knowledge and experience to place effective bets. Below are strategies from seasoned experts for playing Indo odds.
Choose a Reputable Bookmaker
A reputable bookmaker should always be your top choice for betting. It ensures safety, high information security, and always provides the most accurate odds. When playing Indonesian odds at MNL777, you don’t need to worry about risks like scams or losing money. Even personal information is encrypted by the system before placing bets.
Build a Betting Strategy
If there is a major tournament like the World Cup, there will be many matches. You need to develop a strategy suitable for yourself from the first matches. Specifically, arrange the capital you will bet on the matches, decide how many matches you will bet on, and what type of bets you will place, etc.
Based on the information provided by the bookmaker before each match, choose the match you are most confident in to play. Only bet on matches you are knowledgeable about; skip matches involving unfamiliar teams.
Set Betting Limits for Yourself
If you want to participate in football betting effectively, don’t forget to set betting limits for yourself. This includes limits on the amount of money and the time spent betting in each round. If you have reached the betting capital limit for Indonesian odds, you should stop to reassess your strategy.
Compare your capital and winnings to know if your predictions were correct and if your assessment was accurate. From there, adjust your initial strategy accordingly and be ready for the next matches.
Conclusion
The information above provides insights into Indonesian odds, which are both easy to play and easy to win. You can apply these odds in upcoming tournaments to add excitement. Don’t forget to register an online betting account at MNL777 to participate today!