Indonesian Odds: How to Read and Convert Indo Format at Asian Bookmakers
Key Takeaways
- Indonesian odds (Indo) express profit or loss relative to a 1-unit stake — positive odds show profit per unit wagered, negative odds show required stake to win 1 unit
- The format is structurally identical to American (Moneyline) odds but expressed as a decimal ratio rather than a three-digit integer
- Positive Indo (+1.85): bet 1, win 1.85. Negative Indo (−1.15): bet 1.15 to win 1.
- SBOBET's default odds display uses Indo format — understanding it is essential for navigating SBOBET markets
- Converting Indo to decimal: positive = Indo + 1; negative = (1/|Indo|) + 1
Indonesian odds are the default format at SBOBET and several other Asian bookmakers. If you've set up a SBOBET account and seen numbers like +1.85 or −1.10 displayed, you were looking at Indo odds. Once you understand the logic — which mirrors American odds in structure — the format is immediately intuitive.
This guide covers how Indo odds work, the conversion formulas, and practical examples from real Asian handicap markets.
How Indonesian Odds Work
Indonesian odds express returns on a 1-unit stake. The logic separates into two cases based on sign:
Positive Indonesian Odds
Positive Indo odds represent profit per 1-unit stake. The stake is returned in addition to the profit.
Example — Positive Indo odds
Man City −0.5 AH at Indo +1.85
Stake: €500
If Man City win:
Profit: €500 × 1.85 = €925
Total return: €500 (stake) + €925 (profit) = €1,425
If Man City draw or lose:
Loss: −€500
Decimal equivalent: +1.85 + 1 = 2.85
Negative Indonesian Odds
Negative Indo odds represent the stake required to win 1 unit. You must bet |Indo| to profit 1 unit.
Example — Negative Indo odds
Manchester City −1.5 AH at Indo −1.10
Stake: €550
This means: for every 1.10 staked, you win 1 unit.
€550 / 1.10 = 500 "units" implied
Profit if Man City win by 2+: €500
Total return: €550 (stake) + €500 (profit) = €1,050
Loss if they don't win by 2+: −€550
Decimal equivalent: (1 / 1.10) + 1 = 0.909 + 1 = 1.909
Indonesian Odds Conversion Formulas
Converting between Indonesian and other formats is straightforward once you know the formulas:
| Conversion | Formula | Example |
|---|---|---|
| Positive Indo → Decimal | Decimal = Indo + 1 | +1.85 → 2.85 |
| Negative Indo → Decimal | Decimal = (1 / |Indo|) + 1 | −1.10 → (1/1.10) + 1 = 1.909 |
| Decimal → Indo (if Decimal ≥ 2) | Indo = Decimal − 1 | 2.85 → +1.85 |
| Decimal → Indo (if Decimal < 2) | Indo = −1 / (Decimal − 1) | 1.909 → −1/(0.909) = −1.10 |
| Positive Indo → Malay | Malay = 1 / Indo (if Indo ≥ 1) Malay = Indo (if Indo < 1) |
+1.85 → Malay +0.54 |
| Positive Indo → HK | HK = Indo (positive Indo = HK) | +1.85 → HK 1.85 |
Note: Positive Indonesian odds and Hong Kong odds are identical when the decimal equivalent is ≥ 2.0. This makes sense when you understand that both formats express "profit per unit" for favourites-or-evens selections — they only diverge for negative (favourite-heavy) Indo odds, which have no direct HK equivalent (HK odds are always positive).
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Open AsianConnect AccountIndonesian Odds at SBOBET: Real Market Examples
SBOBET uses Indo format as default. Navigating a live SBOBET interface means seeing markets like this:
| Market | SBOBET Indo Display | Decimal Equivalent | Implied Probability |
|---|---|---|---|
| Arsenal −0.5 AH (slight fav) | +0.91 | 1.91 | 52.4% |
| Arsenal −0.5 AH other side | +0.89 | 1.89 | 52.9% |
| Man City −1.5 AH (strong fav) | −1.12 | 1.893 | 52.8% |
| Opp side of Man City −1.5 | +0.87 | 1.87 | 53.5% |
| Over 2.5 Goals | +0.88 | 1.88 | 53.2% |
Notice that all of these are either slightly above or below 1.0 in Indo format — this is the normal range for evenly balanced AH markets. You will see negative Indo odds when the market is offering a significant favourite at short prices (decimal equivalent below 2.0).
Indonesian vs Malay Odds: Structural Difference
The most common confusion is between Malay odds and Indonesian odds. Both use positive/negative sign conventions, but the logic is inverted:
- Indonesian positive (+X): profit per 1 unit staked — a bet of 1 wins X
- Malay positive (+X): also profit per 1 unit staked — but only when 0 < X ≤ 1. Malay positive odds never exceed 1.0
- Indonesian negative (−X): must stake X to win 1 unit
- Malay negative (−X): loses X per 1 unit staked (inverse of Indo negative!)
Practically: if you see odds of −1.10 at SBOBET (in Indo mode), it means you stake 1.10 to win 1. If you see −0.91 in Malay mode at another book, it means you lose 0.91 if the bet loses (i.e. the bet is a slight underdog). Same number, completely different meaning — confirm the format before placing.
Use the Asian odds converter to switch between formats instantly if you are unsure.
Indonesian Odds — Frequently Asked Questions
What is the difference between Indonesian odds and American odds?
The formats are structurally identical in logic but expressed differently. American odds multiply the unit by 100 (so +185, −110), while Indonesian odds use the decimal ratio directly (+1.85, −1.10). Positive Indo = positive American / 100. Negative Indo = negative American / 100. If you are familiar with American odds from US sportsbooks, Indonesian odds will be immediately intuitive — just move the decimal point two places left.
Why does SBOBET use Indonesian odds by default?
SBOBET serves a Southeast Asian audience where Indonesian odds are the conventional format, particularly in Indonesia (the world's fourth most populous country). The format is deeply embedded in regional betting culture. Most broker interfaces allow you to switch the display to decimal or Hong Kong format if you prefer, without affecting the underlying odds or market.
How do I convert Indonesian odds to decimal?
Two formulas: for positive Indo (e.g. +1.85), decimal = Indo + 1 = 2.85. For negative Indo (e.g. −1.10), decimal = (1 ÷ 1.10) + 1 = 0.909 + 1 = 1.909. Alternatively, use the Asian odds converter tool on this site which handles all four formats simultaneously.
Are Indonesian odds ever shown at non-Asian bookmakers?
Rarely. Indonesian format is almost exclusively used at Asian bookmakers (SBOBET, ISN) and their broker interfaces. European and UK bookmakers use decimal or fractional format. Pinnacle, despite being a sharp sportsbook, uses decimal odds in its international interface. If you are accessing Asian markets via a broker, check the display settings — most broker platforms default to decimal or HK format for Western clients.