Low odds betting
Low odds betting
Low odds makes you win more often and lose rarely, but the reward isn’t worth with the risk and with just few lose you’re already in loss. High odds makes you win rarely and lose more often, but the reward is worth with the risk and even you lose often, with just few win you already recovered your past losses at nhatvip.villas
Betting odds are a way to represent the probability/likelihood of an event occurring.
  • Low odds means something is likely to happen.
  • High odds means something is unlikely to happen.

First example Low Odds

I live in a country where betting had not been allowed before the government established a local bookmaker. We all know that local bookmakers offer very low odds, and most of them don’t allow singles betting.

Anyway, we suppose they offer single bets. Below, I use their official odds from two bookmakers. One of them is from my local bookmaker, and the other one is from an online bookmaker.

Local bookmaker offers:

CSKA MOSCOW v RANGERS 1.8 3.0 3.25

Online bookmaker offers:

CSKA MOSCOW v RANGERS 2.00 3.20 3.40

Second example Low Odds

Here we suppose that we bet to two different online bookies.

Punter-A: Let’s say that Punter-A always bets on NBA games and uses a bookmaker that offers -110 (1.909 in decimal odds) for spreads. He had 1000$ starting balance and bet 50$ on each game. Finally, he had a record of 52 won and 48 lost bets. According to the odds, we calculate the loss he made:

Starting: 1000$
Staked: 5000$
Won: 4963$
Profit: -37$
Final Bankroll: 963$
Situation: -%3.7

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Punter-B: Well, we have a more intelligent one, Punter-B who chooses Bet365 bookmaker that offers -107 (1.934 in decimal odds) for under/overs. He had the same conditions, and at the end of the season, he had 52 won and 48 lost bets. According to the odds, we calculate the profit he made:

Starting: 1000$
Staked: 5000$
Won: 5028$
Profit: +28$
Final Bankroll: 1028$
Situation: +%2.8

Consider you bet 5 or 6 bets a day on average, and try to think about the stake you lost just because of using a bookmaker which offers low odds. I don’t bet on a bookmaker that provides -110 for under/over and spreads.

We recommend you to have a few accounts at different bookmakers. An account at bet365 is a must.

Sometimes, bookmakers offer very different odds, and you can catch the better odds at one of them, while the others offer lower odds for the same game.

As a general rule, you should remember that nothing is certain and that betting at low odds does not guarantee you a sure win. In order to achieve a significant net profit by developing a low-odds betting strategy, you need to have two key allies: a high balance to start with and then follow this up with several winning bets in a row.

By Hugo

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