Indonesian odds sometimes occur when it comes to the odds and betting and it may be helpful to keep track of how they work so here we have written a little guide that can help you along the way and understand the numbers.
What are Indonesian odds?
These odds are also called “Indo” so if someone says that you now know what it means. The odds was created in Indonesia because they had no local betting shops where you could do the betting so the Indonesians were forced to put their bet at on online pages that were placed in other countries. The Indo odds were born as a conversion tool between these online odds and the Indonesian way of presenting odds for sports betting and work in a slightly different way.
On some betting sites you can switch between our regular odds and the Indonesian odds.
How are Indonesian odds constructed?
These odds use the factor 1.0 which means they only use one decimal. Here you also use “unit” instead of money.
The odds are presented either as positive numbers or negative numbers.
Positive Indonesian odds
Positive numbers have a probability of less than 50% and these odds may then represent the worse team, the one who is not the obvious winner. Also called the underdog.
Negative Indonesian odds
Negative numbers instead have a probability of over 50% and see you these odds, you can be sure that it is the favourite in the match.
How to convert Indonesian odds?
The formula follows a pattern and you can convert these odds to those that are decimal through a little different formulas.
If you want a positive indonesian odds to decimal odds, it’s easy, just add 1 so an indonesian odds of 1.5 will then be 2.5 as a decimal odds.
If you want a negative indonesian odds to decimal odds, divide 1 by the indonesian odds and add 1. The form will be if the indonesian odds are -1.5 as follows: 1/1,5=0,67+1=1,67 or (1 + (1 / 1,5))
How to calculate profit with Indonesian odds?
How to think if the Indonesian odds are positive:
Your bet x Indonesian odds = your win
How to think if the Indonesian odds are negative:
Your bet / Indonesian odds = your win