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Author Topic: High odds or low odds, which do you prefer?  (Read 582 times)
Tellek Garing
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June 15, 2022, 03:54:09 PM
 #41

Multiple odds accumulation with low odds such as 1.5 games and this is bad because you are being forced to carry multiple games in a roll just so that your total odds will be significant enough to give you a big amount on winning, let say you want to place the total bet amount to $3 and accumulating multiple odds will limit your chances of losing.

So it's better to pick a few sure games that have an 89% tendency of winning but you must be well aware that football is highly unpredictable but you can easily analyze the games through clubs' previous performance.
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June 15, 2022, 04:16:39 PM
 #42

Multiple odds accumulation with low odds such as 1.5 games and this is bad because you are being forced to carry multiple games in a roll just so that your total odds will be significant enough to give you a big amount on winning, let say you want to place the total bet amount to $3 and accumulating multiple odds will limit your chances of losing.

So it's better to pick a few sure games that have an 89% tendency of winning but you must be well aware that football is highly unpredictable but you can easily analyze the games through clubs' previous performance.

89% can easily be spotted from the odds alone. There is always a favorite team and most of the time it starts with plus sign (+) like +120 for team that has high chance of winning.

When you have no idea who to bet on because its not your sports for instance, picking the favorite team is the smartest but wins not as much money.

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June 15, 2022, 05:23:38 PM
 #43

In my own little experience in football betting, the odds are a pointer to the strength of the team and the weaker clubs are always given the highest odds so in most cases choosing a high odds to .bet is purely based on luck.
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June 15, 2022, 05:58:54 PM
 #44

I can't answer your question about which odds do I prefer because in sportsbook gambling I can't bet by just looking at odds, indeed sometimes if I'm not in the mood to gamble I choose lowest odds and hope be sure win, but lose. I often follow people's bets on an some site, they often choose low odds and I tried it. Without analysis and without personal thought, as a result they lost and I lost too, point I can take in my case it is that sportsbook gambling is not just about favorite odds.  

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June 15, 2022, 06:22:47 PM
 #45

In my own little experience in football betting, the odds are a pointer to the strength of the team and the weaker clubs are always given the highest odds so in most cases choosing a high odds to .bet is purely based on luck.
Bookmakers are doing business and its just normal that they would really be able to  differentiate which one is the favorites and which one is the underdog on where betting odds would
neither be low or high depending on certain team interest and preference on the community.Most of the time people do really stick on the money line even though its obviously those
odds arent really that great plus having those chances or odds of upsets which make things even more harder to go all in.There are some instances on which you could
consider on betting underdogs and this is where self analysis would vary into each bettor.

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June 15, 2022, 06:46:40 PM
 #46

It turns out that because of people who prefer to bet on favorites, the odds are always distorted in their favor and it makes sense to bet only on underdogs. But I remember that someone did a study that if we bet only on the favorites or only on the underdogs, then we lose the same percentage on average. Does this really mean that bookmakers have learned how to accurately determine the probability of outcomes in games?

I don't understand how bookies do it. but surely they have done research to determine this. After all, gambling is a business for all bookmakers. So, there must be an analysis that has been done so that they do not lose. Sorry I can't speculate on this, because it's beyond my knowledge. Maybe, if the reference is still there, you can share it here, so members can also read how these odds can give the same average.

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June 15, 2022, 06:54:49 PM
 #47

How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?
Honestly, i prefer low odd, like you, ive experienced a lot of losses playing high odd before because in lacked the knowledge of how odds can determine my chances of winning, but when i got to know that high odds reduces my chances of winning but increases the amount that can be won at a single bet while low odd increases my chances of winning but lowers the amount i can win on a single bet at a time, Not being a too greedy person(cus we all sometimes get greedy in some way or the other Grin), i decided to start playing with low odds though this makes me want to play more and more in other to accumulate enough money that i can withdraw which sometimes i still end up loosing a lion share of it, its still better than loosing a huge sum of money in just a single bet.

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June 15, 2022, 07:33:18 PM
 #48

It turns out that because of people who prefer to bet on favorites, the odds are always distorted in their favor and it makes sense to bet only on underdogs. But I remember that someone did a study that if we bet only on the favorites or only on the underdogs, then we lose the same percentage on average. Does this really mean that bookmakers have learned how to accurately determine the probability of outcomes in games?

I don't understand how bookies do it. but surely they have done research to determine this. After all, gambling is a business for all bookmakers. So, there must be an analysis that has been done so that they do not lose. Sorry I can't speculate on this, because it's beyond my knowledge. Maybe, if the reference is still there, you can share it here, so members can also read how these odds can give the same average.

I'm one of the people who got puzzled how does the bookies come up with those odds when there are like tons of sports they have on their website.
So, my assumption to this is that in every sport they have this specific person who's job is to study analyze and get news around that specific sport to get an accurate odds.

Anyways, I always prefer to put a bet on the favourite, but sometimes you'll get  attracted by the odds the bookies offers to the underdogs.
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June 15, 2022, 11:45:22 PM
 #49

Let us assume that high odds start from 1.5 and above while low odds starts from 1.2 and below.

I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before. How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?

@1.5 odds for me is not worth the risks in most cases. I considered it as low odds and there are only a few times I'm risking money for @1.5 if I see a match that really looked high chance for me to win. I've shared a bet slip before or I think screenshot, risking decent capital for a @1.5 odds because I'm really sure that I will hit it. I will just repeat it again based on what I think about the match.

For @1.2 below, even if the winning percentage is high here, I will not consider placing a bet for this as honestly, it's more painful to lose on that odds compare to risking at an actual high odds. When picking high odds, I literally go with a high odds like a minimum over @3 or @4. I already risking my money here so why should I still be in a safe bet. Smiley

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June 15, 2022, 11:50:25 PM
 #50

Let us assume that high odds start from 1.5 and above while low odds starts from 1.2 and below.

I specifically like football gambling. When I started to gamble, I go for high odds, but I was not that experienced and I lost a lot. I gained experience but I preferred to gamble on low odds. Only what this led me to is to play more and I noticed losses too. This is just a means someone can also become addicted because low odds will only want you to accumulate and bet more. If you bet more frequently than usual, regardless of the odd, be it high or low, loss is inevitable, it is guaranteed.

I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before. How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?

I've always been a low-staker, from the time I played martingale with 10 satoshis to today when I bet no more than $10 on a sports game.
I've always liked having more chances to play without risking all the value I have in a few bets, adrenaline is not something I enjoy in games of chance.
I prefer to be in control of my bets and be able to stop when I realize I'm having a bad day without clearing my balance in a few moves

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June 15, 2022, 11:55:35 PM
 #51

I have lost several times in a row betting on high odds and after the experience I try to minimize my risks, so I prefer low odds as low odds are placed on the favorites of the match. Of course even in this case no one guarantees a hundred percent victory, but the probability of it is higher than betting on the outsider with higher odds.

Well from their names alone, high odds have higher chances of yielding a loss; while low odds may be relatively high when it comes to realizing profits but this depends purely on the gambler.

Personally, I prefer low odds since this gives me more leverage and room for error. Though the profit margin in winning with such odds are lower compared to high odds, it is much safer and it still gives me the same adrenaline from winning. But again, this really depends on the preference of the gambler on which to choose as we all have our respective preferences.
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June 15, 2022, 11:55:58 PM
 #52

~snip~

I've always been a low-staker, from the time I played martingale with 10 satoshis to today when I bet no more than $10 on a sports game.
I've always liked having more chances to play without risking all the value I have in a few bets, adrenaline is not something I enjoy in games of chance.
I prefer to be in control of my bets and be able to stop when I realize I'm having a bad day without clearing my balance in a few moves
^ For the safe gambling low odds taker is the safest way in gambling.
Low odds for me seem low risk, it also means low odds you can make more bets on it and enjoy the moment while you gamble.
But I have a friend who prefers to gamble with high odds because he said, it is good if you will place a bet a high odds because it is possible that has a high return no matter if it is a high risk, but I cannot take that high risk in my own opinion.
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June 15, 2022, 11:59:14 PM
 #53

How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?

It depends on the situation and my mood during that game. I can go low odds or high odds depending on what I looked at the situation. But one thing is for sure, I never take low odds mostly below 1.4 odds. That was too small for risking my money and not worth it based on my own experience.

I usually go between 1.8 to 2.3 odds. That was a fair odds to me between high and low. I can only go higher odds if I think that was worth the risk to do. I better risk my money for high odds compared to choosing a 1.2 odds.

There are no specific odds that I want to test on always but that's my preferred odds, 1.8 to 2.3.
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June 16, 2022, 01:35:39 AM
 #54

Let us assume that high odds start from 1.5 and above while low odds starts from 1.2 and below.

I specifically like football gambling. When I started to gamble, I go for high odds, but I was not that experienced and I lost a lot. I gained experience but I preferred to gamble on low odds. Only what this led me to is to play more and I noticed losses too. This is just a means someone can also become addicted because low odds will only want you to accumulate and bet more. If you bet more frequently than usual, regardless of the odd, be it high or low, loss is inevitable, it is guaranteed.

I play less often unlike before, I reduced the money I am using to bet, emotions gone and I win than before. How about you people, are you high odd punter or low odd. Can you also tell us your experience? At you losing or you make profit from the odds you are taking?

While odds matter, I don't think it is the most important thing to consider. I don't bet on sports by just looking at the odds. I look at how a certain team or player could perform and probably defeat the opponent. That's regardless of the odds. Although the moment I place the bet, I'd also be affected if my choice is a huge underdog. I might reconsider my bet at times. That also happens when my choice is a big favorite. I might not go for ML. I'd rather look for attractive handicap bets. But I don't really make odds the primary consideration.

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June 16, 2022, 01:59:58 AM
 #55

In sports higher odds are more interesting if you are able to pick an underdog you know is in winning conditions. As an example we could observe the national teams which are the favorite ones, but aren't performing well recently, like England and France. Those who bet on Hungary and Croatia against each of them, respectively, made a decent profit. That was somehow predictable taking in consideration the weak gameplay of both soccer titans on their last games.

But at casino games, I think there isn't a general rule for what kind of odds are the best ones. In fact, it doesn't matter at all, since you are going to lose on long run by picking high or low odds anyway. You have to create your own strategies to apply to your gameplay to conclude which of them fits your game style.

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June 16, 2022, 04:48:10 AM
 #56

Which one I prefer depends on my current mood. I prefer low odds when I want to win. When I want excitement, high odds are nice. Years ago, when I first started gambling, I always preferred low odds. Usually I was winning and I was used to gambling that way. Thus, over time, my money increased and I started to prefer high odds.
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June 16, 2022, 06:38:03 AM
 #57

While odds matter, I don't think it is the most important thing to consider. I don't bet on sports by just looking at the odds. I look at how a certain team or player could perform and probably defeat the opponent. That's regardless of the odds. Although the moment I place the bet, I'd also be affected if my choice is a huge underdog. I might reconsider my bet at times. That also happens when my choice is a big favorite. I might not go for ML. I'd rather look for attractive handicap bets. But I don't really make odds the primary consideration.
But have you bet on low odds before, a kind of match people will think it is 100% that a certain team would win, but no match has 100% probability that the strong or the better team would win, it can be drawn or it might be lost, but the probability the match will not favour is very low but can be the what would happen. I too do consider low odds before, I have even gone for 1.02 odds several times before in the past on in-play matches and 1.05 on some prematch staking, but with the look of things and the experience I have, I have changed my mind to only consider high odds, a bet having at least, 1.5 odds.

Which one I prefer depends on my current mood. I prefer low odds when I want to win. When I want excitement, high odds are nice. Years ago, when I first started gambling, I always preferred low odds. Usually I was winning and I was used to gambling that way. Thus, over time, my money increased and I started to prefer high odds.
I think you have not finished this, you were using low odds, you were winning, but when you are using high odds, what then happened? Still wining or now losing?

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June 16, 2022, 06:50:22 AM
 #58

If you are betting and the first thing you will consider before booking a bet is the odd. The higher the odd for a recognize club the chances of the lower odd to defeat the higher odds.

Theirs a way i make my game or predict my match by myself, it goes this way, if clubs i know very well and watch their match consistently is playing and the odd given to them is highe, and a lower odd is given to their counterpart, and i have watched and studies both clubs method of games, if the one of higher odd play more better because of their new players and their previous performance, i will choose the higher odd knowing they will win.
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June 16, 2022, 06:56:03 AM
 #59

Since i just partake in gambling just for fun,i usually bet on high odds.It's always fun betting for the underdog,when they win,it bring much more joy than betting for the usual winning team.I'm not interested in low odds because it's just the usual predictable outcome,no fun in that and boring.
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June 16, 2022, 07:00:01 AM
 #60

Low odds seems safer for me especially when big teams play although surprises are part of the game but most of the times low odds tends to favor more. High odds seldomly guarantee wins. I increase my stakes on low odds and keep my greed appetite in check. This low odds isn't loss free but it is more safer than high odds with tempting ROI
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