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

OddsStake (MYR)Total ReturnProfitImplied Prob
1.5050MYR 75.00MYR 25.0066.7%
1.80100MYR 180.00MYR 80.0055.6%
1.90100MYR 190.00MYR 90.0052.6%
2.10100MYR 210.00MYR 110.0047.6%
3.00200MYR 600.00MYR 400.0033.3%
5.0050MYR 250.00MYR 200.0020.0%

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:

  1. Log in to Maxim88 and enter the sports section
  2. Look for a settings icon or "Odds Format" dropdown near the top of the interface
  3. Select your preferred format: Decimal, Malay, Hong Kong, or Indonesian
  4. 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

What odds format does Maxim88 use?
Maxim88 providers default to decimal odds, but you can switch to Malay, Hong Kong or American odds in the settings.
How do I calculate my payout?
Multiply your stake by the decimal odds. Example: MYR 100 × 1.90 = MYR 190 total return (MYR 90 profit).
What are Malay odds?
Malay odds use positive values for underdogs and negative values for favourites. Positive Malay odds represent your profit per unit staked. Negative Malay odds represent how much you must stake to win 1 unit.
What is implied probability?
Implied probability is the bookmaker's assessment of how likely an outcome is: 1 ÷ decimal odds × 100. Odds of 2.00 imply exactly 50% probability.

Ready to Bet with Confidence?

Now that you understand odds, place your first sports bet at Maxim88.

Start Betting at Maxim88

Written by Razif Azman · Sports Betting Analyst

Razif has 9 years of experience covering sports betting markets across Malaysia and Southeast Asia. He specialises in Asian handicap analysis, esports betting and sportsbook strategy for Malaysian players, and regularly monitors odds across CMD368, MAXBET, BTi-Sports and Saba Sports.