Best Betting Sites with the Highest Odds in Malaysia

What Are Betting Odds?

Odds stand for the probability of certain outcomes happening. Punters can usually view these odds presented in different formats and connected to a certain betting market. For example, when you are ready to make a wager, you can open a game you are interested in and see the range of markets offered. You will see that they all have different odds to indicate the likelihood of each occurrence.

Punters can base their wagers on the odds. They can establish the risk and calculate whether they want to use the market in question for further wagering. Regardless of whether you bet for a team to win or lose, bookmakers receive a commission, which is built into the odds. This is known as a margin, and it can vary from 3% to 7%. This is why some platforms are more profitable than others.

5 Best Bookmakers in Malaysia with the Highest Odds

We checked many sports betting platforms and used several parameters to identify reliable and convenient bookmakers. Here, we present you with a list of the 5 best betting platforms available in Malaysia.

#1 1xBet

This is a truly first-class bookmaker in the Malaysian market. It has everything you could look for in a betting platform. Punters can download applications, observe live stats, bet on tennis and ice hockey, and 25 more options. The platform features all the main seasonal events and tournaments. Punters can claim different bonuses to make their wagers more profitable.

#2 BK8

The bookmaker has a lucrative VIP program where punters can earn more privileges. Malaysian users can find valuable betting tools for engaging and convenient sessions, such as cashouts, single and multibet variations, a solid set of markets for football and other sports, and more.

#3 MB8

MB8 offers a wide variety of sports and a generous welcome deal to its newly registered users. The bookie has a simple site navigation, an intuitive interface, and a live chat for assistance. Punters can make quick and safe money transfers, choose from many sports, and claim various bonus deals.

#4 AW8

This bookmaker allows Malaysian users to participate in the VIP program, choose from a large range of events, participate in the VIP club, and receive customized offers. The number of sports lines is quite impressive, and it stimulates more engagement. Punters can also download an application and wager via their smartphones.

#5 Nova88

Nova88 allows its users in Malaysia to wager on all the main sports events, from Wimbledon to the Premier League. They can enjoy a huge variety of betting markets and place sports wagers of any complexity. Additionally, users can claim generous rewards and participate in multiple promos available on a regular basis for all registered users.

Types of Sports Betting Odds

Bookmakers show their odds in different formats. There are three popular types that every reputable bookie allows its punters to choose: Fractional, Decimal, and American. Normally, you can switch between them using a filter on the website. Further in the text, you will find a detailed description of each type.

Fractional Odds

Fractional odds, aka British odds, are the most common format you will find on a betting platform. They look like this: 4/1, where the first number means that for every unit you bet, you could win 4 units in profit. If punters stake 10 MYR, they have a chance to win 40 MYR.

Decimal Odds

This type of odds is mostly common outside of the US and UK. It is also referred to as European. They look like this: 3.0. If a bettor wagers 10 MYR, the amount they could win would be 30 MYR. Therefore, with decimal odds, a punter can understand how much they could win without any confusion.

American Odds

As you can get from the name, these odds are used in America. They are also known as Moneyline odds. They show a certain number with positive or negative signs, such as -200/+300. This looks quite confusing: the positive number means potential profit for every 100 MYR staked. The negative number shows the amount a player needs to bet to win 100 MYR.

Pros and Cons of the Best Odds Betting Sites

Sports betting has many benefits that punters enjoy. However, you need to remember that it also has a couple of essential drawbacks:

Comparison of Bookmakers with the Best Odds

In this section of the article, we are going to compare the various odds offered by the best betting platforms in Malaysia. Our experts picked the most popular sports that have the widest range of betting markets, such as football, tennis, and basketball.

Best Bookmakers by Odds for Football Betting

Usually, football has the widest range of betting markets and the highest odds on many main international competitions, so punters have a broad selection of options. The figures below show the percentage of stakes that get paid back to bettors:

Bookmaker	Premier League	Championship	Seria A	La Liga
	99.8%	99.8%	99.7%	99.8%
	98.7%	98.8%	98.8%	98.7%
	97.8%	97.8%	97.8%	97.8%

Best Bookmakers by Odds for Basketball Betting

Basketball is probably the second most popular sport for betting, mostly due to the profit punters can get by placing wagers on it. Payback percentages at popular bookmakers are listed below:

Bookmaker	NBA	EuroLeague	NCAA	FIBA
	98.7%	99.7%	98.8%	98.7%
	98.7%	98.6%	98.6%	98.7%
	98.8%	98.9%	97.8%	97.9%

Best Bookmakers by Odds for Tennis Betting

Tennis matches gain huge interest due to the elegant character of games and championships. Bookmakers usually have all the main events, so punters can choose any market to place a wager. Payback percentages are as follows:

Bookmaker	Australian Open	US Open	Wimbledon	French Open
	98.7%	98.8%	98.9%	99%
	98.9%	99.5%	99.7%	99.6%
	98.9%	99.5%	99.8%	99.7%