Sports Betting Odds Explained for Maxim88 Malaysia Players
Learn how to read decimal, Malay, Hong Kong and American odds at Maxim88. Includes payout examples in MYR and an implied probability guide. Last updated: April 2026
What Are Betting Odds?
Odds represent the probability of an outcome occurring and determine how much you win relative to your stake. All sportsbooks at Maxim88 — CMD368, MAXBET, BTi-Sports and Saba Sports — use odds to express every available betting market.
When you see odds of 1.90 for a football team to win, this means:
- The bookmaker believes the team has approximately a 52.6% chance of winning
- If you bet MYR 100 and the team wins, you receive MYR 190 total (your MYR 100 stake back + MYR 90 profit)
- If the team does not win, you lose your MYR 100 stake
Understanding odds is the single most important skill in sports betting. Without it, you cannot assess whether a bet offers value.
Odds Formats Comparison Table
The same outcome can be expressed in multiple formats. Here is a full comparison table showing different formats, their implied probability, and the payout on a MYR 100 stake:
| Format | Example | Implied Probability | Payout on MYR 100 | Profit |
|---|---|---|---|---|
| Decimal | 1.90 | 52.6% | MYR 190.00 | MYR 90.00 |
| Decimal | 2.00 | 50.0% | MYR 200.00 | MYR 100.00 |
| Decimal | 3.50 | 28.6% | MYR 350.00 | MYR 250.00 |
| Fractional | 9/10 | 52.6% | MYR 190.00 | MYR 90.00 |
| American | -111 | 52.6% | MYR 190.09 | MYR 90.09 |
| Malay | 0.90 | 52.6% | MYR 190.00 | MYR 90.00 |
| Hong Kong | 0.90 | 52.6% | MYR 190.00 | MYR 90.00 |
All examples represent the same outcome expressed in different formats. Payout = stake + profit.
Decimal Odds — Most Common at Maxim88
Decimal odds are the default format on most Maxim88 sportsbook providers. They are the easiest format to understand because the number directly tells you the total return per unit staked (including your original stake).
Formula: Total Return = Stake × Decimal Odds
Profit = Total Return − Stake
Decimal Odds Examples in MYR
| Odds | Stake (MYR) | Total Return | Profit | Implied Prob |
|---|---|---|---|---|
| 1.50 | 50 | MYR 75.00 | MYR 25.00 | 66.7% |
| 1.80 | 100 | MYR 180.00 | MYR 80.00 | 55.6% |
| 1.90 | 100 | MYR 190.00 | MYR 90.00 | 52.6% |
| 2.10 | 100 | MYR 210.00 | MYR 110.00 | 47.6% |
| 3.00 | 200 | MYR 600.00 | MYR 400.00 | 33.3% |
| 5.00 | 50 | MYR 250.00 | MYR 200.00 | 20.0% |
Malay Odds — Common in Malaysia
Malay odds are widely used by Malaysian bettors and you will see them offered as an alternative on CMD368 and Saba Sports. They work differently from decimal odds:
- Positive Malay odds (e.g. 0.90) — your profit equals the odds multiplied by your stake. Bet MYR 100 at 0.90 → profit MYR 90. You get back MYR 190 total.
- Negative Malay odds (e.g. -1.25) — you must stake more to win 1 unit. To win MYR 100 at -1.25, you must stake MYR 125. If you lose, you lose MYR 125.
Positive Malay odds correspond to outcomes with implied probability below 50% (underdogs). Negative Malay odds represent outcomes with implied probability above 50% (favourites).
Implied Probability and the House Edge
Implied probability is what the bookmaker's odds suggest the likelihood of an outcome is. It is calculated as:
Implied Probability = 1 ÷ Decimal Odds × 100
For odds of 1.90: 1 ÷ 1.90 × 100 = 52.6%
The house edge (also called the overround or vig) is why the probabilities of all outcomes in a market sum to more than 100%. For a typical 1X2 football market, the overround is around 5%. For Asian Handicap markets, it is lower — typically 2–3% on CMD368 — which is why experienced bettors prefer Asian Handicap.
How to Change Odds Format at Maxim88
You can switch between odds formats in the sportsbook settings:
- Log in to Maxim88 and enter the sports section
- Look for a settings icon or "Odds Format" dropdown near the top of the interface
- Select your preferred format: Decimal, Malay, Hong Kong, or Indonesian
- The change applies immediately to all displayed odds
We recommend decimal odds for beginners as they are the most intuitive format for calculating payouts.
Frequently Asked Questions About Odds
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