Hong Kong odds, known as HK odds, are commonly used in Hong Kong and parts of Asia
What Are Hong Kong Odds?
Hong Kong odds, also known as HK odds, is a popular odds format used in horse racing and football betting in Hong Kong and other parts of Asia.
In the Hong Kong odds format, the odds are expressed as a decimal value that is rounded to the nearest cent. The odds are usually displayed in brackets, and the value inside the brackets represents the odds.
For example, if the odds are displayed as (1.50), this means that for every HKD 1.00 bet, the potential profit is HKD 0.50, and the total return is HKD 1.50. The odds can be higher or lower, depending on the likelihood of the outcome.
So if the HK odds are displayed as 3.0, then the potential profit from a HKD 100 bet is simply: 100 x 3.0 = HKD 300. The total return would be HKD 300, because the stake of HKD 100 is added on top.
Hong Kong odds are very similar to Decimal odds, but because they are primarily used in Hong Kong and other parts of Asia, they aren’t as widely recognised in other parts of the world where decimal or American odds are prominent.
Pros & Cons of Hong Kong Odds
Here are some pros and cons of using Hong Kong odds in betting:
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