Asia has a huge betting market compared to other continents. But, it has poor coordination. The Asian market led in global betting in 2017. It comprises established sportsbooks like Betway88. Statistics show that about 40 percent of bets placed in the world are from Asia. Besides, many sports fans from other regions have a murky understanding of Asian gambling. Here is an insight into the Asian sports betting market.
Asian Betting Odds
An Asian handicap sport betting is popular all over the world. Each soccer match has a particular handicap. There are some common Asian handicap odds:
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Hong Kong Odds
Most gamblers who wager at Asian bookmakers often choose Hong Kong odds. They resemble decimal odds. But, betting firms don’t factor in your original stake into the multiplier. For instance, if you place a $200 bet with 1.70 Hong Kong odds, you will get a return of $540. Thus, Hong Kong odds of 1.70 are equal to decimal odds of 2.70.
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Decimal Odds
Bookies often display decimal odds as 1.70, 3.20 and 2.50. The figures reflect the return you will get from a bet. It includes your initial stake. For instance, you will receive $510 in total if you place a $300 bet at 1.70 odds. So, your profit will be $210. Punters can visit https://www.betway98.com/ to place soccer bets with decimal odds.
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Malay Odds
Malay odds resemble Hong Kong odds. They are displayed as decimals and have a negative or positive sign. Bets with a 50 percent winning probability appear as 0.00. You will get a 1-unit payout for each 1 unit you wager. For example, you will get a $700 payout if you place a $100 wager at Malay odds of -0.70.
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Indonesian Odds
Indonesian odds are often displayed the same as American odds. They can have a negative or positive sign at the front. A negative sign shows that that is the favorite bet. For instance, you need to wager $170 to get a $100 payout if the Indonesian odds are -1.70.
Factors to Consider When Selecting an Asian Sportsbook
Many Asian punters struggle to find the right bookmaker. Here are four factors that will help you find a nice Asian sportsbook:
- Currencies and online payment options: It is advisable to choose a betting firm that offers different payment options. Pick a bookie that accepts different currencies as it allows you to bet while in different countries.
- Safety: Safety is paramount in sports betting. Bookies should protect client data and stakes. Many Asian bookmakers have sophisticated software that prevents hackers from accessing your data and transaction history.
- Favorable handicap odds: Bookies offer different odds for the same sports event. Choose a betting firm with high odds to get a bigger profit margin.
- Promotions and bonuses: At times, Asian sportsbooks offer bonuses and promos to new and existing clients. You can use bonus bets to wager without using real money.
Millions of Asians spend huge sums of money on sports betting. They wager on sports such as athletics, basketball, cricket, football, golf, tennis, volleyball and rugby. Some Asian betting firms have a lower margin compared to European bookies. It provides pundits a high chance of winning in the long run. You can place different types of bets at Betway88.