Indonesian Odds Explained: A Guide to Betting Formats
When register and participating in online football betting at 100JILI, have you ever had trouble calculating the odds? If this bothers you, let’s learn about odds calculation in football and explore the question of what Indonesian odds are!
What are Indonesian odds?
Also known as Indo Odds, Indonesian odds are a common format in football betting and one of the five basic types of odds offered by bookmakers. To use Indo odds when betting, go to the odds conversion section and select Indo Odds.
Unlike Hong Kong odds, this odds on the betting board include both positive and negative odds. Therefore, the way to calculate winnings and losses for this format is different from other odds types. Here’s how to calculate winnings and losses with Indo odds:
- For positive odds: Winnings = odds x stake. Loss = stake.
- For negative odds: This indicates the amount you need to risk to win one unit of bet. Loss = stake.
How to read Indo odds on the betting board
Example 1: Football match between Germany vs Mexico.
Germany is listed with Indonesian odds of -1.15. This means you need to risk 1.15 units to win one unit. So, a $115 bet will return $215 if Germany wins.
Example 2: Match between Russia vs China in Olympic Concave.
In this match, China is considered the underdog with this odds of 2.10. This means for every unit you bet, you will win 2.10 units if China wins. So, a $100 bet will return $210 if China wins.
The difference between + and – odds is that in the first example, you risk more than one unit to win one unit. In the second example, you risk one unit to win more than one unit.
Indonesian Odds Format
When the odds are positive:
Bet amount x Odds = Profit
When the odds are negative:
Bet amount / Odds = Profit
Example of Indonesian Odds
- In football, if Brazil is playing against Germany and the odds for Over 2.5 goals are -1.25, and you bet $75.00 on there being three or more goals in the match:
$75.00 bet / 1.25 odds = $60.00 profit
You will win $60.00 if there are more than 2.5 goals, plus you will get back your initial $75.00 bet, making the total winnings $135.00.
- In cricket (hockey), if England is the favorite at -1.25 odds to win against Sri Lanka, the underdog at 1.00 odds, and you bet $250.00 on Sri Lanka to win:
$250.00 bet x 1.00 odds = $250.00 profit
You will win $250.00 if Sri Lanka wins, plus you will get back your initial $250.00 bet, making the total winnings $500.00.
- In basketball, if the Detroit Pistons are playing against the Chicago Bulls and you bet $70.00 on the under 206 points bet at 1.35 odds:
$70.00 bet x 1.35 odds = $94.50 profit
You will win $94.50 if the total points are under 206, plus you will get back your initial $70.00 bet, making the total winnings $164.50.
Tips for playing with Indonesian odds
Indo Odds are an attractive but risky odds format. Therefore, if you choose this format, be extremely cautious. Here are some things to keep in mind when playing with Indonesian odds:
Avoid bookmaker traps:
Choose reasonable odds before placing any bet. Be careful to avoid falling into the bookmaker’s traps.
Remember that higher odds mean higher risk, and vice versa.
Refer to betting tips:
Besides doing your research, you can refer to football tips from reputable sources to increase your chances of winning.
We hope this explanation of Indonesian odds calculation in football betting is helpful. Good luck with your bets!