Why do we always pick odds below 2.00?

[rat03gopoh]

But I started wondering if we’re that confident they’ll win,

If the world were based on "feelings of confidence," all bookmakers would have closed down long ago.

why not go for 2.00 or higher so our stake has a better return?

Odds aren't prizes, they're implied probabilities. So many people's confidence is shattered as soon as kick-off begins lol.

Nobody goes above 2.00, because nobody has more than 2 balls of courage

Not because they "don't have >2 balls of courage," but because they fail to assess value and simply want to win more often (despite the low ROI ).

[Questat]

Not because they "don't have >2 balls of courage," but because they fail to assess value and simply want to win more often (despite the low ROI ).

The real value -  that’s what matters most.

Like you mentioned, odds only show the implied probability, but that doesn’t always reflect the true probability of the outcome. So if we’re aiming to profit by taking good odds, like 2.00, we still need to analyze carefully. Some games might have undervalued odds, and that’s exactly what we should be looking for as those small edges where the bookies might’ve priced it wrong.

[Fredomago]

I'm with the same idea as you are; our choice of betting should not be based on odd numbers but on how well we know the team and which of them could deliver the expected results. Odds are just another way which the providers use to play mind games with us; we need to look beyond them if we want to get excellent results in betting.

It’s still easier if we base our picks on the odds. When we focus on the odds, we’re really just looking for fair value, not betting on the moneyline but more on the point spread or totals. Knowing which team will win is the easy part, but betting on the handicap is a lot tougher if you don’t study it well. A team can win the game yet still lose the bet if they fail to cover the spread, and that’s the real challenge every bettor faces.

Indeed and that's where the bookies play to earn more, they offer handicap which bettors needs to analyze if the player or a team will be able to manage to cover, it's a tough call and really needed to carefully study before you can predict a potential profits, if it's just easy to call then there are so many gambling house who might be close now but it's the otherside, there are more gambling site that keeps on opening and offering decent bonuses to catch the attention of the player and let them use their services to earn.

[EarnOnVictor]

I’ve been looking at sportsbook lines lately, and I noticed most of us usually pick odds around 1.80 or 1.90 when we feel confident about a team. But I started wondering if we’re that confident they’ll win, why not go for 2.00 or higher so our stake has a better return?

We are not the bookmarkers, but bettors, so we do not cut the shots on the betting odds, and we are not given the opportunity to negotiate either. For this, the odds given to us by the bookmakers after carefully considering the risk is what we are going to work with. And as we know, if a betting option is more feasible to be the winner, the odds are often lower, and the bookmakers ensure that they continue to adjust them in real-time to reflect the reality of the risk on their side. That is why some bettors will even go for odds as low as 1.3, which I think is unreasonable. It's all because that's the better choice at that time, as we can't force the higher one on them.

[rachael9385]

I’ve been looking at sportsbook lines lately, and I noticed most of us usually pick odds around 1.80 or 1.90 when we feel confident about a team. But I started wondering if we’re that confident they’ll win, why not go for 2.00 or higher so our stake has a better return?

Do we really know by how many points they can win, or are we just being safe with the lower odds? Sometimes it feels like we settle for smaller profit instead of trusting our read on the game. What do you guys think, better to stay safe or always aim for value odds above 2.00?

Even if someone feels confident in a team, it doesn't necessarily mean they know the final result. So, they will try their luck by betting on low odds, or odds below 2.00 (considered safer than those above), and that is why most people usually choose these odds, as the risk is relatively low. It is possible to choose odds above 2.00, but that usually increases the risk, especially if a handicap system is used.

Using a handicap system can be very tricky, logically we don't feel safe to bet on any of these handicap options that's above 2 odds but this is where ofd trick comes into play. The higher the odd the lower the chances of playing out but in some cases the bookies use this against the bettors, you can call it a mind game. After betting on the small odds that you think is safe you might end up losing the bet.

[Princess Leah]

Nobody goes above 2.00, because nobody has more than 2 balls of courage

The truth is that everyone are scared to lose any amount of money and are greedy to risk and even lose a cent. Thats why everyone always go low risk betting.

I don't think you're right cause there are people who got the balls for risk taking, I've come across people who are comfortable betting on draws, they could pick four to five draws in their parley and we all know that draws mostly come with bigger odds some 2.0 and above, so it's a matter of choice and confidence for riskier games.

 Well some people don't have the balls like you said so they go for less riskier odds, it's not like odds below 2.0 would guarantee them success but they just feel it's more safer than betting one the bigger ones with high risk, it just depends on one's level of risk taking.

[Johnlomape]

I’ve been looking at sportsbook lines lately, and I noticed most of us usually pick odds around 1.80 or 1.90 when we feel confident about a team. But I started wondering if we’re that confident they’ll win, why not go for 2.00 or higher so our stake has a better return?

We are not the bookmarkers, but bettors, so we do not cut the shots on the betting odds, and we are not given the opportunity to negotiate either. For this, the odds given to us by the bookmakers after carefully considering the risk is what we are going to work with. And as we know, if a betting option is more feasible to be the winner, the odds are often lower, and the bookmakers ensure that they continue to adjust them in real-time to reflect the reality of the risk on their side. That is why some bettors will even go for odds as low as 1.3, which I think is unreasonable. It's all because that's the better choice at that time, as we can't force the higher one on them.

Every bookmaker has there own odds which can be different from one casino to the next one. The probability of a match favouring a team than the opposite team is what will determine the size of the odd. When a team has higher probability of winning a match, the bookmaker will give that team a small odd while the one that has high probability of losing will have a small team.

Determining the odd that need to be given to a team will always show the possibility of the team winning based on speculation and statistics. Also this does not mean that the team will win the match. Most times the match can end with a draw or a lose to the team that has high probability of winning.