Malaysian, Hong Kong and Indonesian Odds Explained (with a Conversion Table)
October 9, 2026
Open an Asian sportsbook and the prices may not look like the decimal odds you know. A handicap line can read 0.95 on one side and -0.97 on the other, and a favourite can be priced at -1.25. These are Malaysian, Hong Kong and Indonesian odds — three ways of writing the same price. This guide shows how each one reads, how to convert it, and what you get back on a bet, with a conversion table you can use at a glance.
One price, six ways to write it
Every format below describes exactly the same bet. Decimal is the reference: it is the amount returned per unit staked, stake included.
| Decimal | Hong Kong | Malaysian | Indonesian | American | Fractional | Profit on a 100 stake |
|---|---|---|---|---|---|---|
| 1.50 | 0.50 | 0.50 | -2.00 | -200 | 1/2 | 50 |
| 1.80 | 0.80 | 0.80 | -1.25 | -125 | 4/5 | 80 |
| 1.95 | 0.95 | 0.95 | -1.05 | -105 | 19/20 | 95 |
| 2.00 | 1.00 | 1.00 | 1.00 | +100 | 1/1 (evens) | 100 |
| 2.20 | 1.20 | -0.83 | 1.20 | +120 | 6/5 | 120 |
| 2.50 | 1.50 | -0.67 | 1.50 | +150 | 3/2 | 150 |
| 3.00 | 2.00 | -0.50 | 2.00 | +200 | 2/1 | 200 |
Sportsbooks that serve Asian markets usually let you pick the format. 22bet, for example, has an odds-format setting with all six — decimal (the default), Malaysian, Hong Kong, Indonesian, American and fractional — and uses one price to illustrate them: 2.2, -0.834, 1.2, 1.2, +120 and 6/5. It also has a separate Asian view that groups handicap and totals markets the way Asian bettors expect.
Hong Kong odds
Hong Kong odds show only the profit per unit staked, without the stake. That makes them the simplest Asian format:
- Hong Kong = decimal − 1. A decimal price of 1.95 is 0.95 in Hong Kong odds.
- Stake 100 at 0.95: if it wins, you make 95 profit and get 195 back.
- Stake 100 at 1.20: if it wins, you make 120 profit and get 220 back.
Hong Kong odds are never negative. Below 1.00 the bet is odds-on (you risk more than you can win); above 1.00 it is odds-against.
Malaysian odds
Malaysian odds look like Hong Kong odds until the price passes evens, then they turn negative. Every Malaysian price sits between -1.00 and +1.00, which is why Asian handicap and over/under boards, where both sides are priced close to evens, are so often shown in this format.
- Positive Malaysian odds (0 to 1.00) read exactly like Hong Kong odds: 0.80 means a profit of 80 on a 100 stake.
- Negative Malaysian odds show what you risk to win one unit. At -0.80 you risk 80 to win 100. In decimal terms that is 1 + 1 ÷ 0.80 = 2.25.
So a handicap line of 0.90 / -0.98 is a choice between risking 100 to win 90 on one side, or risking 98 to win 100 on the other. The positive price, 0.90, is the side the book rates slightly more likely to win.
One practical point: sportsbooks do not all handle the stake the same way on a negative Malaysian price. Before you confirm, check the bet slip for the amount at risk and the potential win, rather than working it out from the stake box alone.
Indonesian odds
Indonesian odds work like American odds divided by 100:
- Positive Indonesian odds (1.00 and above) are the profit per unit: 1.20 means 120 profit on a 100 stake, the same as Hong Kong 1.20.
- Negative Indonesian odds (-1.00 and below) are what you must stake to win one unit: -1.25 means staking 125 to win 100, which is decimal 1.80.
Malaysian and Indonesian odds are mirror images: below evens Malaysian is positive and Indonesian is negative, above evens it is the other way round. At any price other than evens, the negative one of the two is -1 divided by the positive one: at decimal 2.20, Malaysian -0.83 is -1 ÷ 1.20.
Converting any Asian price to decimal
| You see | Decimal | Example |
|---|---|---|
| Hong Kong, any value | odds + 1 | 0.95 → 1.95 |
| Malaysian, positive | odds + 1 | 0.80 → 1.80 |
| Malaysian, negative | 1 + 1 ÷ |odds| | -0.80 → 2.25 |
| Indonesian, positive | odds + 1 | 1.50 → 2.50 |
| Indonesian, negative | 1 + 1 ÷ |odds| | -1.25 → 1.80 |
Once a price is in decimal, everything else is easy: what you get back is stake × decimal, and the implied probability is 1 ÷ decimal.
Reading the bookmaker’s margin
Add up the implied probabilities of both sides of a market and the total comes out above 100%. The excess is the bookmaker’s margin. Take the 0.90 / -0.98 Malaysian line above:
- 0.90 → decimal 1.90 → 1 ÷ 1.90 = 52.6%
- -0.98 → decimal 1 + 1 ÷ 0.98 = 2.02 → 1 ÷ 2.02 = 49.5%
- Total: about 102.1%, so roughly 2% is built into the price.
A line of 0.95 / 0.95 (decimal 1.95 on both sides) totals 102.6%. Comparing totals like this is the quickest way to see which book is pricing a market more tightly.
Where you will meet these formats
Malaysian and Indonesian odds are a feature of Asian football betting: handicap lines, over/under totals and in-play markets. 22bet shows decimal odds by default and lets you switch to any of the six formats, and 20Bet carries SBO and Saba (IBC) — the Asian odds lobbies many Vietnamese bettors know — inside its sports section. For a side-by-side comparison of the four sportsbooks, their welcome offers and their markets, see Vietnam betting sites.
Bet responsibly
Understanding odds tells you what a bet pays, not whether it will win. The margin means the book keeps a share over time whatever format the price is written in. Set a budget before you bet, never chase losses, and treat betting as paid entertainment. For adults 18 and over only.
22bet
20Bet
Asian Odds FAQ
What are Hong Kong odds?
Hong Kong odds show the profit per unit staked, without the stake. They equal decimal odds minus 1: 0.95 in Hong Kong odds is 1.95 in decimal, and a 100 stake that wins returns 195.
What do negative Malaysian odds mean?
A negative Malaysian price shows what you risk to win one unit. At -0.80 you risk 80 to win 100. The decimal equivalent is 1 + 1 ÷ 0.80 = 2.25.
How do I convert Malaysian odds to decimal?
If the Malaysian price is positive, add 1 (0.80 becomes 1.80). If it is negative, divide 1 by the number without its sign and add 1 (-0.80 becomes 2.25).
What is the difference between Malaysian and Indonesian odds?
They are mirror images. Below evens, Malaysian odds are positive and Indonesian odds negative; above evens it is the reverse. At decimal 1.80, Malaysian is 0.80 and Indonesian -1.25; at decimal 2.20, Malaysian is -0.83 and Indonesian 1.20.
Why are Asian handicap odds shown as Malaysian odds?
Malaysian odds keep every price between -1.00 and +1.00. Asian handicap and over/under lines are set so both sides are close to evens, so the prices read compactly, such as 0.95 and -0.97.
Are Hong Kong odds and decimal odds the same?
They describe the same price but count it differently: decimal includes your stake, Hong Kong does not. Decimal 1.95 and Hong Kong 0.95 pay exactly the same.