TonyBet offers some of the most competitive odds in the sports betting market, displayed in clear, simple formats. With six presentation options, from decimal to Hong Kong, you can customize your TonyBet lobby exactly how you like.
We tested the six TonyBet odds to see how they work and how to read them. This guide breaks down each one, from decimal to Indonesian, so you’ll know exactly what they mean. You’ll also learn how to switch between formats and get a few tips for navigating odds on TonyBet. Here’s your comprehensive guide on TonyBet odds.
Facts
Quick facts about TonyBet odds
- TonyBet has six odds formats in its lobby.
- Decimal format is the default on TonyBet for its simplicity.
- Indonesian odds are American odds divided by 100.
- The odds booster offers extra on multibet selections.
The TonyBet app supports six odds formats: decimal, American, fractional, Malaysian, Indonesian, and Hong Kong. That’s significantly more than most sportsbooks. Here’s how each one works:
| Odds format | Example |
| Decimal | 2.50 |
| American | +100 |
| Fractional | 6/1 |
| Malaysian | -0.834 |
| Indonesian | +1.20 |
| Hong Kong | 1.20 |
Decimal format is the default TonyBet betting odds format, depending on your country. Also popularly known as European odds, they’re simple to read: your potential payout is your stake multiplied by the decimal odds.
Note that the potential payout includes your stake, so say you’re betting $100 on an event with 2.5 odds, for example. If the bet is settled in your favor, you get a $150 profit + your $100 for a total $250 payout. Since you can almost mentally calculate your potential payouts by simply looking at the odds on your selections, it’s no surprise that decimal formats are the standard on sportsbooks and are the default on TonyBet.
As the name implies, the American format is more common among American bookmakers and is sometimes referred to as the bookmaker. Now, it looks nothing like decimal odds, not only because it always carries a positive or negative sign, but also because the number itself is always in the hundreds.
Positive odds (with a plus sign) indicate how much you get for each $100 you stake, while negative odds express how much you’d have to wager to get a $100 profit. It’s elementary once you get the hang of it, although most sites like TonyBet outside the United States still prefer decimal odds, as the latter doesn’t separate your stake from your profit.
Fractional odds are the same as British odds, and they’re usually written as a fraction, like 6/1, for example. Reading them is simple: odds of 6/1 mean you get $5 in profits for every $1 you wager, while 1/6 implies that you’ll need to stake $6 to make $1, and your stake. A simple way to calculate your profits on a wager is by multiplying your stake by the number in the numerator and dividing it by the number in the denominator.
One benefit of fractional odds is how they make it easy to identify long odds meaning: when the numerator is bigger than the denominator, it’s long; otherwise, it’s short.
Indonesian odds
Indonesian odds are basically American odds divided by 100. They use the same +/- symbols you see before regular American odds, but you’ll notice they’re often single or double-digit numbers. So, if Team A has +1.10 odds for a particular outcome, you get $110 for every $100 you wager.
Note that TonyBet often omits the sign before Indonesian odds if it’s positive, and it’s a bit confusing that way. Expressing Indonesian odds without explicitly including the signs makes it look very much like decimal odds, which certainly doesn’t make it easier to identify or read.
Hong Kong odds
While significantly less common compared to decimal or fractional odds, the Hong Kong odds format is simple. It’s a representation of how much you get back on your wager, excluding your stake. Wagering $100 on an event with 1.20 Hong Kong odds, for example, nets you $220 if the bet is settled in your favor: that’s your $100 stake and $120 on top.
Malaysian odds
The Malaysian odds format is similar to the Hong Kong odds format with one crucial difference: the former has negative odds. Positive Malaysian odds work exactly like Hong Kong odds; your potential win is your stake multiplied by the number after the plus sign. On the other hand, negative Malaysian odds tell you how much you need to wager for a $1 profit.
While it sounds very similar to Indonesian odds, they’re pretty different. While you’ll often see odds over +1 or below -1 with Indo odds, Malay odds are designed to stay between -1 and +1 at all times, with 50/50 bets right in the middle with odds of 0.
Note that you don’t have to understand all, or even most of these odds formats, and that’s why they’re all featured on TonyBet. You can switch to whichever one you’re most comfortable with to make it easier to bet on TonyBet. The following section will outline the steps to change the odds format when betting on TonyBet.
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TonyBet lets you change the odds on display when making selections in the sportsbook’s lobby, and it’s surprisingly simple. Here’s how to do that:
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Click the banners on this page to sign up for TonyBet and log in to your account.
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On the right sidebar, click “Settings.” It’s the first option at the top.
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Choose any of the available odds formats to continue.
Your lobby should update automatically to reflect your choice. Changing your odds format doesn’t change anything about the potential payout or how the odds are calculated; it just affects how the sportsbook displays them.
Pros and cons of TonyBet odds
You don’t see an online sportsbook with six odds formats every day. Asides from that, here are other top advantages from our TonyBet review and one minor disadvantage to note:
Pros and Cons - Easy toggle to switch between odds
- Six easy odds formats
- Competitive odds
- Indonesian odds can be confusing
Tips for reading odds on TonyBet
TonyBet already makes its odds easy to read. Here are a few quick tips:
⚖️ Switching to a Preferred Format
With six options available, pick the one that feels most natural. The sportsbook should default to the most popular odds format where you live, so American odds for Americans and British odds (decimal) for the British. Switching is thankfully simple: click “Settings” on the right sidebar and select your preferred option.
📊 Understanding Odds Formats
Understand how each format works. All odds formats are surprisingly easy to read, but we recommend knowing a thing or two about how each one works. We have broken down the different odds formats earlier; go back up to see the section guiding players on how to read TonyBet odds.
🚀 Using Accumulator Odds Boosters
Use accumulator odds boosters. TonyBet offers an odds booster bonus where you get between 1.05x and 2x of the profit on any multibet with 3 to 20 selections. Your multibet must meet a minimum odds requirement to trigger the odds booster.
TonyBet offers six odds formats: Malaysian, Hong Kong, American, decimal, fractional, and Indonesian, with a toggle that lets you switch between them anytime. While the site doesn’t include detailed explanations for each, this guide fills that gap by showing how every format works and what each means for your betting strategy.
To see TonyBet’s diverse odds formats in action, click the banners on this page to open the online sportsbook and start placing bets.
TonyBet odds FAQs
- 🏅 What odds formats are available on TonyBet?
TonyBet has six odds formats: decimal, American, fractional, Indonesian, Malaysian, and Hong Kong. You can toggle among the formats using the control on the Settings tab in the right sidebar, allowing you to tailor the lobby to your taste.
- 🎉 What is the odds booster bonus on TonyBet?
The odds booster is a unique promotion offering extra on your sportsbook winnings at TonyBet. When you create a multibet with 3 to 20 selections, you get between 1.05x to 2.00x profit boosts on your potential winnings.
- 🤔 Are Malaysian and Hong Kong odds the same on TonyBet?
No, while they look and are calculated similarly, Malaysian and Hong Kong odds are effectively inverses of each other. While Indonesian odds often go above +1 and below -1, Malaysian odds always stay between +1 and -1, thanks to how the odds are calculated.
- 📊 How do TonyBet odds work?
TonyBet odds reflect how much you stand to get if an outstanding bet is resolved in your favor. Setting your odds format to decimal and winning a $20 bet with odds of 2.50, for example, results in a $50 payout; $30 profit, and your $20 stake.
- 💵 What does +300 odds mean on TonyBet?
+300 is likely referring to the American odds format, and it simply means you get $300 if you wager $100 and win. American odds can also carry the negative sign, in which case the number after the sign is the amount you’ll have to bet for a $100 profit.