1xBet odds format
- The odds at 1xbet
- Choosing the 1xBet odds format
- Ratio formats at 1xBet
- Frequently asked questions about 1xBet odds formats
- User comments
- Add new comment
1xBet bookmaker lets you choose the odds format in the main settings. There are 3 popular 'western' formats available - European, English and American, and also 3 Asian types of odds - Indonesian, Malaysian and Hong Kong. By default, for Russian players usual European odds with decimals and hundredths are active. But you can change the odds display at any time, if an alternative option proves more convenient.
The odds at 1xbet
The odds are an expression of the risk for a particular bet, a condition of betting between the bookmaker and the player. The odds show the possible winnings the client will receive if the bet is played. The odds can also be thought of as the quotes of a particular market at a point in time.
At 1xBet, as at other bookmakers, it is worth considering not only the odds for the player, but also the opposing odds for the bookmaker. If a bet is lost, the betting office receives the full betting amount, which is equivalent to the European odds of 2 and other odds in other formats. It is useful to compare your odds with the opposite odds of the house, assessing the attractiveness of a particular market to bet on.
Choosing the 1xBet odds format
The basic settings in 1xbet are opened by the gear button or from the main menu of mobile products. Under the heading "Ratio format", the 6 available options for displaying odds in 1xBet are listed. Opposite to their names are examples of odds in these systems. This is exactly how they will look in slates, line tops, hot match slats and in general wherever markets for betting are shown.
To select the desired format, tap on it to activate the option and then confirm with the "Save" button. The page will refresh and the quotes will appear in the new format.
Ratio formats at 1xBet
For customers from Europe, including Russia and the CIS, the usual European odds, which 1xbet calls "decimal", are offered by default. They have been used by offline bookmakers since their opening in the former Soviet Union.
European ratios are numbers with tenths and hundredths after the point. Thousands ofths may also be used for greater accuracy, but this is rare.
"Decimal" odds at 1xBet show how much the player with the winning bet will receive as a result of multiplying the bet amount by the European odds. The decimal odds are the usual multiplier of the formula "bet amount x European odds = payout amount".
Example of European odds at 1xBet
As an example, a 1000 rouble wager on Adrian Andreev's win in the Istanbul Challenger tennis qualifying match.
This market is given the European odds of 4.38. After Adrian Andreev wins, the player will receive 1000 x 4.38 = 4380 roubles. The net win is obtained by subtracting the face value of the bet from the payout (4380 - 1000 = 3380 roubles net win).
The bookmaker has a counter-coefficient = 2 if the betting amount with the player is conventionally the same, i.e. he gets 2 x 1000 = 2000 rubles, where one 1000 is his betting denomination and the other 1000 is the amount of the player's lost bet.
Conclusion on the European ratio
The European odds are simple and versatile. It is always well suited to any betting amount, and the payout and net winnings can be calculated in about the same amount of time.
They are also called British or fractional. English odds are shown as a simple fraction with the numerator (first number before the slash) and the denominator (second number after the slash). You can think of the bookmaker's odds as the numerator and the player's odds as the denominator.
English odds are considered to be the ancestor of all other betting odds. This can easily be seen by simply calculating a fraction, i.e. dividing the numerator by the denominator. The European odds are 1. The English odds combine the player and bookmaker odds, which is why one has to be subtracted.
Example English odds at 1xBet
An example of this would be a live bet on Joffrey Blancano's win in the Istanbul Challenger tennis match in the amount of 1,000 roubles. The English odds 6/1 shows that you have to bet 1000 to get a net win of 6000 roubles. The equivalent of the European odds is 7.
A player who places a 1000 roubles bet on Geoffrey Blancano will receive a 7000 roubles payout, including his 1000 roubles bet amount and 6000 net winnings.
Conclusion on English coefficients
English odds are the most obvious way to compare player and bookmaker odds, they don't have to be compared in the mind as in the European version. This is an obvious advantage of fractional odds.
The disadvantage of English odds is evident when the fraction consists of large, awkward numbers that are difficult to represent and adjust to the desired betting amount.
American ratios come with a + and - sign in front of a number of 3 or more digits. The American odds use a base amount of 100 units of currency.
The minus before the odds is used for quotes on favourites. They show how much money you have to bet on that market to get a net gain of 100 units of currency.
A plus quote, on the other hand, is applied to margins with low probability. A plus quote shows what the net winnings would be for a bet of 100 units of currency in that market.
To put it simply, a minus quote tells you the approximate amount of a bet or a multiple of a base number, while a plus American odds promises a winning amount for a base bet of a hundred units of currency and multiples thereof.
Example of American odds at 1xBet
The American ratio has two examples.
An in-play bet on the favourite for the Rennes Challenger tennis qualifier, Clement Schidek, with odds -213 at 213 roubles promises a net win of 100 roubles and a payout of 313 roubles (213 + 100).
A live bet on the underdog of the Istanbul Challenger tennis qualifier, Christopher Heyman, at odds of +697 of 100 will yield a net win of 697 rubles and a payout of 797 rubles (100 + 697).
Conclusion on the American coefficients
The American quotient did not at all resemble the British quotient, which after the War of Independence and the successful separation of the North American United States from the British Empire, the Americans did not want to use at all.
Apart from their own identity, American odds are just as clear on the probabilities of outcomes as European ones, but they also tell you without too much thought how many cents (before) or dollars (now) to bet or can get for a hundred in the end.
Hong Kong ratios
The Hong Kong quotient is represented by a decimal with a dot after the whole number, it is the result of dividing the numerator by the denominator. That is, the Hong Kong decimal is the result of the English decimal. This is because of the British influence in Hong Kong, which simply showed the English quotient as their result.
The Hong Kong multiplier is the multiplier by which the stake amount is multiplied to show the net winnings. Unlike European decimals, Hong Kong's does not include the betting amount in the total.
Example of Hong Kong odds at 1xBet
A live bet on the Seoul SC Knights winning the South Korea Cup at 0.95 odds of 1000 will yield a net win of 950 rubles if successful. The payout will turn out to be 1950 roubles (1000 + 950).
Conclusion on the Hong Kong coefficient
Either the Chinese did not understand the convenience of showing the odds to the bookmaker and the punter in English fractions, or they wanted to distinguish themselves from the British, who were generally loyal to them. But Hong Kong odds has lost the showmanship of English odds and not gained the convenience of European odds. It looks and feels like a local exotic.
The Indonesian odds format was influenced by US quotes. The difference is that the base value is calculated as one rather than a hundred. The duality with minus for favourites is retained. The minus Indonesian multiplier shows how many units of currency you have to bet on the favourite for a net gain of 1 unit. And the Indonesian pluscoefficient shows how much net win per bet of 1 unit of currency. At 1xBet, the Indonesian odds have a plus drop, just like the regular numbers.
Examples of Indonesian odds at 1xBet
A live bet on Oleksandr Shevchenko's win in the Istanbul Challenger qualifier at odds of 11.5 at 1000 will yield a net win of 11500 rubles if the underdog is successful, payout is 12500 rubles (11500 + 1000).
A wager on Clement Shedek's win in the Rennes Challenger tennis qualifier of 2128 will yield a net win of 1,000 roubles, i.e. a payout of 3128 roubles (2128 + 1000).
Conclusion on Indonesian coefficients
They look like a good alternative to American quotes. Reducing the base value from a hundred to one makes scalability easier, makes it easier to decide on a betting amount and speaks more clearly about the potential winnings when choosing a betting amount.
The most exotic and complex ratio format is called Malay or Malaysian. It is limited to a modulus of one, and is presented in minus and plus values. The Malaysian coefficient is tied directly to English and Indonesian. It takes mechanics from the former and decimals with plus and minus and a basic denomination of one unit of currency from the latter.
The Malaysian minus factor is used to replace English fractions with the result of dividing the numerator by a denominator greater than 1. The Malaysian variant uses the result of an inverse fraction, i.e. the numerator and denominator are reversed and the resulting decimal is given with a minus sign. It shows how much should be bet on this market for a net profit of 1 unit of currency. And all these manipulations were needed to avoid going below -1.
The Malaysian plus odds is simply the result of an English fraction with the numerator less than the denominator, like the Hong Kong odds. It shows the amount of net winnings per bet per unit of currency. The Malay Plus Ratio equals the Hong Kong Plus Ratio for the same markets at the same time. In the Malay version, the pluses are also omitted, like positive numbers in arithmetic.
Examples of Malaysian odds at 1xBet
A live bet on Adrian Andreev winning the tennis Challenger qualifier in Istanbul at -0.491 Malaysian odds would yield a net win of 1000 rubles, and the payout would be 1491 rubles (1000 + 491).
A live bet on Seoul SC Knights winning the South Korea Cup with 0.88 at odds of 1000 would yield a net win of 888 rubles and a payout of 1888 rubles (888 + 1000).
Conclusion on the Malaysian odds format
The goal of not going beyond the unit module hardly justifies complications with minus Malay coefficients. Such a solution helped to save paper at the expense of fixed-size coefficients, but it wastes more ink on a print of zero than on some numbers. One's own Malay identity was hardly emphasised in this way. The influence of neighbouring islands and British colonisers must surely have had the strongest impact on the formation of the local quotient. However, representing the proportion from the unchanging unit is still convenient. The Malay format now looks locally exotic.
Frequently asked questions about 1xBet odds formats
Why do I need other odds formats at 1xBet?
1xBet is an international bookmaker that serves customers from almost all over the world. Many are used to other odds formats than the European one. The English format has the advantage of obvious odds for the bookmaker and the player. The American one has the advantage of easy decision making when preparing a bet. Fans of Asian variations and exoticism are also plentiful.
Why are there so few odds formats at 1xBet and so many countries?
Because most states simply adopted the English/European/American format or slightly altered it. In Asia, many modern countries were European/British colonies where the metropolitan coefficient formats were used unchanged. This also applies to Canada, Central and South America, Africa, Australia as a continent and a former British colony country. And many more local formats have simply ceased to be used, having lost relevance, losing competition to popular ones.
Why did Russia start using the European odds format, decimal at 1xBet?
Illegal betting in the USSR was accepted in the European and English formats, but the former was more popular because of the ease of communication between bettor and players. In the Russian Federation, the European format quickly became generally accepted due to its proximity to Europe, from where experience was adopted, and also due to its versatility. The southern CIS countries used the Russian experience with the European format, which was clearer and more accessible in contrast to Asian quotes.
Should I change the decimal odds at 1xBet to English or other odds?
If your arithmetic is not too bad, but you want to compare your odds with those of the bookmakers, English fractions are fine. For recreational betting, the American or Indonesian variants are fine. The rest are tastes for narrow specialisation.
What is the better odds format at 1xBet?
All odds formats show the same quotes, only they express them differently. They are all equal. But the benefit can also be in convenience and speed of decision-making, and this differs from one odds format to another.
What is the convenience of Malaysian odds?
They show a fraction of one. This is handy if you don't think about forming minuscule Malay odds and trying to estimate the odds in this way.
Why is there no Russian odds format?
The rapid development of professional sports in the world took place at a time when Russia was part of the USSR, where betting was banned and accepted illegally. The miniscule amount of secret betting could not have had a serious impact on the formation of their odds format. And in the 90s it was rational to adopt the European decimal system instead of inventing their own.