{"id":5291,"date":"2024-11-13T10:27:24","date_gmt":"2024-11-13T10:27:24","guid":{"rendered":"https:\/\/www.piwi247.com\/en\/?p=5291"},"modified":"2024-11-13T10:43:24","modified_gmt":"2024-11-13T10:43:24","slug":"epl-betting-odds-explained-a-beginners-guide-to-understanding-soccer-odds","status":"publish","type":"post","link":"https:\/\/www.piwi247.com\/en\/blogs\/betting-tips\/beginners-guide-to-understanding-soccer-odds\/","title":{"rendered":"EPL Betting Odds Explained: A Beginner\u2019s Guide to Understanding Soccer Odds"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.27.0″ _module_preset=”default” custom_padding=”0px||0px||false|false” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row module_class=”blog-body” _builder_version=”4.27.0″ _module_preset=”default” background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”100%” custom_padding=”0px||0px||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.2″ text_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_2_font=”|700|||||||” header_2_font_size=”32px” header_2_line_height=”1.2em” header_3_font=”|700|||||||” header_3_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_3_font_size=”24px” header_4_font=”|700|||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”||20px||false|false” locked=”off” global_colors_info=”{%22gcid-62739c86-3917-4421-8ab4-45f1b03eea58%22:%91%22text_text_color%22,%22header_3_text_color%22%93}” theme_builder_area=”post_content”]<\/p>\n

If you\u2019re new to soccer betting, particularly on the English Premier League (EPL), understanding how odds work can make a huge difference to your betting experience. At PIWI247, we offer a variety of odds formats, including Decimal, Hong Kong, and Malay odds. Each type of odds has its unique way of displaying potential payouts, but they all serve the same purpose: helping you calculate how much you can win from a bet.<\/span><\/p>\n

In this beginner\u2019s guide, we\u2019ll break down these odds formats so you can confidently place your next EPL bet with PIWI Sports or PIWIX.<\/span><\/p>\n

Understanding Decimal Odds (Euro Odds)<\/span><\/h2>\n

Decimal odds, also known as Euro Odds, are the most straightforward and widely used odds format in Europe and are available on PIWI247. They show you the total return you\u2019ll get for every \u20ac1 bet, including your stake.<\/span><\/p>\n

Example:<\/h4>\n

Let\u2019s say Manchester United has decimal odds of 2.50 to win an upcoming EPL match. If you bet \u20ac10, your total payout (if they win) is calculated like this:<\/span><\/p>\n

Total payout = Stake x Decimal odds<\/h4>\n

\u20ac10 x 2.50 = \u20ac25<\/span><\/p>\n

This means you\u2019ll receive \u20ac25 in total, which includes your \u20ac10 stake and \u20ac15 profit.<\/span><\/p>\n

[\/et_pb_text][et_pb_text _builder_version=”4.27.2″ text_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_2_font=”|700|||||||” header_2_font_size=”32px” header_2_line_height=”1.2em” header_3_font=”|700|||||||” header_3_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_3_font_size=”24px” header_4_font=”|700|||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”||20px||false|false” locked=”off” global_colors_info=”{%22gcid-62739c86-3917-4421-8ab4-45f1b03eea58%22:%91%22text_text_color%22,%22header_3_text_color%22%93}” theme_builder_area=”post_content”]<\/p>\n

Hong Kong Odds: Decimal Odds \u2013 1<\/span><\/h2>\n

Hong Kong odds are very similar to decimal odds but slightly adjusted. To convert Decimal (Euro) odds to Hong Kong odds, you simply subtract 1 from the Decimal odds.<\/span><\/p>\n

Formula:<\/h4>\n

Hong Kong odds = Decimal odds \u2013 1<\/span><\/p>\n

Example:<\/h4>\n

For the same Manchester United match with decimal odds of 2.50, the Hong Kong odds would be:<\/span>
\n<\/span>2.50 \u2013 1 = 1.50<\/span>
\n<\/span>This shows you the potential profit you\u2019ll make for every \u20ac1 bet, excluding your stake. If you bet \u20ac10 on Manchester United with Hong Kong odds of 1.50, your profit would be:<\/span><\/p>\n

Profit = Stake x Hong Kong odds<\/h4>\n

\u20ac10 x 1.50 = \u20ac15<\/span>
\n<\/span>If your bet is successful, your total payout (profit + stake) will be:<\/span><\/p>\n

Total payout = Profit + Stake<\/h4>\n

\u20ac15 + \u20ac10 = \u20ac25<\/span>
\n<\/span>This payout is the same as with decimal odds, but Hong Kong odds explicitly show the profit only, making them easier to interpret for some bettors.<\/span>[\/et_pb_text][et_pb_text _builder_version=”4.27.2″ text_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_2_font=”|700|||||||” header_2_font_size=”32px” header_2_line_height=”1.2em” header_3_font=”|700|||||||” header_3_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_3_font_size=”24px” header_4_font=”|700|||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”||20px||false|false” locked=”off” global_colors_info=”{%22gcid-62739c86-3917-4421-8ab4-45f1b03eea58%22:%91%22text_text_color%22,%22header_3_text_color%22%93}” theme_builder_area=”post_content”]<\/p>\n

Malay Odds: 1 \/ Hong Kong Odds<\/span><\/h2>\n

Malay odds are another format used in many parts of Asia. They are a bit more complex but also easy to understand once you get the hang of them. Malay odds are based on a comparison to 1, and they can either be positive or negative.
\n<\/span>To convert Hong Kong odds to Malay odds, use this simple formula:<\/span>
\nMalay odds = 1 \/ Hong Kong odds<\/span><\/p>\n

Example:<\/h4>\n

Using the same Manchester United example, with Hong Kong odds of 1.50, the Malay odds would be:<\/span>
\n<\/span>Malay odds = 1 \/ 1.50 = 0.67<\/span>
\n<\/span>When Malay odds are positive (less than 1), they show you how much profit you\u2019ll make for every \u20ac1 bet. In this case, if you bet \u20ac10 on Manchester United with Malay odds of 0.67, your profit would be:<\/span><\/p>\n

Profit = Stake x Malay odds<\/h4>\n

\u20ac10 x 0.67 = \u20ac6.70<\/span>
\n<\/span>If your bet wins, your total payout would be:<\/span><\/p>\n

Total payout = Profit + Stake<\/h4>\n

\u20ac6.70 + \u20ac10 = \u20ac16.70<\/span><\/p>\n

Negative Malay Odds:<\/h4>\n

If Malay odds are negative, they show how much you need to bet to win \u20ac1. This typically happens when you bet on a favourite team or outcome.<\/span>[\/et_pb_text][et_pb_text _builder_version=”4.27.2″ text_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_2_font=”|700|||||||” header_2_font_size=”32px” header_2_line_height=”1.2em” header_3_font=”|700|||||||” header_3_text_color=”gcid-62739c86-3917-4421-8ab4-45f1b03eea58″ header_3_font_size=”24px” header_4_font=”|700|||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”||20px||false|false” locked=”off” global_colors_info=”{%22gcid-62739c86-3917-4421-8ab4-45f1b03eea58%22:%91%22text_text_color%22,%22header_3_text_color%22%93}” theme_builder_area=”post_content”]<\/p>\n

Key Differences in Odds Formats<\/span><\/h2>\n

While Decimal, Hong Kong, and Malay odds might look different, they all lead to the same payout in the end. The key difference lies in how the potential returns are displayed:<\/span><\/p>\n