What are the types of odds used in SBOTOP Sports?
The following odds types are used in SBOTOP Sports.
- European Odds
European odds are quoted as a positive number greater than 1. It represents the number of dollars that would be returned if the bet wins including the initial stake.
A Euro odds price of 1.96 will mean that for a stake of $10, the possible winnings would be $9.60 and the possible loss would be the stake amount of $10. - Hong Kong Odds
Hong Kong odds are quoted as a positive number greater than 0. It represents the estimated return if the bet is won, excluding the initial bet itself.
A Hong Kong odds price of 0.96 will mean that for a stake of $10, the possible winnings would be $9.60 and the possible loss would be the stake amount of $10. - Malay Odds
Positive Malay odds are interpreted in the same manner as Hong Kong odds and negative Malay odds represents the unit amount you would need to risk in order to win 1 unit.
A positive Malay odds price of 0.96 will mean that for a stake of $10, the possible winnings would be $9.60 and the possible loss would be the stake amount of $10. A negative Malay odds price of -0.96 will mean that for a stake of $10, the possible winnings would be $10 and the possible loss would be the stake amount of $9.60. - Indo Odds
Indo odds are quoted as a number with absolute value greater than 1. Positive Indo odds are interpreted in the same manner as Hong Kong odds and negative Indo odds represents the unit amount you would need to risk in order to win 1 unit.
A positive Indo odds price of 1.96 will mean that for a stake of $10, the possible winnings would be $19.60 and the possible loss would be the stake amount of $10. A negative Indo odds price of -1.96 will mean that for a stake of $10, the possible winnings would be $10 and the possible loss would be $19.60.