High roller gamblers going for low odds, would you do it?

[passwordnow]

I remember that there's also this bet and the odds were like 1.01 and that happened in stake. I can't remember who posted that on the gambling section and many have replied there as well. So, there really are gamblers that are high rollers with these type of odds. That's the confidence in them but as long as the match hasn't happened yet, the chance of losing remains. I can do this but I choose not and rarely follows this kind of betting. As long as it's acceptable for me, I do usually 1.20 - 1.30 but as much as I want it to be higher than that, I'd go with that.

[iv4n]

I don't do that anymore!

Regardless of whether someone is a highroller or not, we all have some upper limit... And probably most of us have tried a very high bet on lower odds. As some have already said, we mostly do this when we participate in a wagering contest or when we want to level up quickly... and it happens that we win, sometimes several times in a row, but when a bad moment comes we can also lose a couple of times in a row.

Anyway, the risk is too great, and the reward is too small. It can happen that this crazy playing goes without a problem, but it often happens (perhaps too often) that we experience a fiasco with these bets. So I don't do it anymore...

[TopTort777]

I remember we had topic about a guy who has lost more than a million on a 1.008 odd NFL bet. That story teaches us that no matter how low is your odd, there is still a huge chance, that you can influence on, that you can lose. Risking a fortune just to get a few bucks is stupidest thing I have ever seen, not only because of risk, but because the amount of winnings will never satisfy and it forces to risk again.

[Promocodeudo]

The lower the odd the higher the chances of winning, but sometimes these odds are a trap. staking high on small odds might wreck you. The game between paok and volos today is an example, paok was given 1.19 odds to win Volos and they were Winning even up to the 80th minute, to my greatest surprise Volos ended up winning the match with such a huge odd that they had, indeed gambling can be very unpredictable. Small odds are very risky it's better to chase big odds with little amounts of money because nothing is guaranteed in betting, you can only use huge stakes when you have a huge or infinite bankroll.

Yes very big trap as such, yea the probability of winning a game that has lower odds is high but if anyone has to bet on such matches,you must check out for many things though I know that no matter how sure we're about our bets different occurrence may change the outcome of our bets but we have to atleast know the history that exist between the teams involved, the current form of the teams too, the players that may likely be featured in the match, them with all this we can come out with a likely good bet options, this lower odds has messed me up severally so I wouldn't say it's the best because in some cases you see a higher odd doing soccer magic, so this things happens the way we can't comprehend, Greece teams is full of this surprises when it comes to this kind of thing, personally I have come to realized that in betting it's not about the odd rather it is what is meant to happen that matters which is even unknown to us as gamblers, for me i go for what my mind is pleased with in betting so that I won't regret at the end of it.

[rachael9385]

I've come across a lot of gamblers that play rollovers with huge amounts of money on small odds, well, it's a safe thing to do but they keep forgetting that small odds are not really a guarantee of a profitable game, it just shows you that the chances of winning are high but absolutely nothing sure about it. I would rather chase huge odds with a small stakes than to gamble with a huge amount of money on a low value odd, this isn't really risk Management, it's not wise to do this when you don't have a large bankroll. This is why some gamblers end up broke because they take too high risks. A gambler flipped more than 10 million dollars on 1.05 odds and he lost the bet, this should give you an idea on this.

[hahay]

I wouldn't do the same but indeed, in the past when I wasn't feeling well or bad mood for some reason, I tried betting with the lowest odds. And yes, it was not fun at all even though I won and even worse, even though I chose the lowest odds like that, in fact I still get a lost. Thus, it would be better for me to always try to get high odds or at least good enough odds and still within a reasonable stage to choose, not high and not low. Thus, I realize the risks that can certainly be accounted for even if I lose.

[sompitonov]

OMG, I would never in my life place such bets having such money in the game account. Many times I have seen how players tried to earn a little, betting on practically guaranteed game events with small odds, and then something incredible happened and they lost because the clear favorite of this match lost. I want to say that this player has a large amount, but most likely does not realize that sometimes unpredictable things happen, and his bet can burn out and even if he wins, most likely he will continue to bet on similar matches with such odds, becoming more confident each time in his rightness and in the end he will be unlucky and it will be very sad.

High roller means their is sufficient funds available to gamble with, you can't see any gambler do same except having enough to stake multiple times as the other loses. I am not you but i think if you have what it takes like them, then certainly you will find comfort sizing your odds into lows than accumulating many games. There is great chance of winning 1.4 or rather 1.2 odds over parlay of multiple games combination of numerous odds.

These high rollers sees gambling as profit and losses unlike we do, before staking such amount means some level of experience to. They probably understands the odds assigned to losing or winning the game, most for them are fortunate because each is a single or double pick and they select the easiest answerable odds that can happen instead of staking little with many games combined.

Yes, they may have a level of experience, or these players may simply have a business in some area and simply like to relax, playing gambling and not really understanding the intricacies of the game. For example, someone decided that this was a great idea and made a bet without even thinking about it for long, it could have been a spontaneous decision. Rich people sometimes do this to test their luck. Of course, the bookmaker really likes it when such clients make such bets. The most important thing is that if rich players win part of the time, for example, they will have an uptrend, and it will turn out that the bookmaker will have to pay out a lot of money to many players. The bookmaker must be able to do this, but I think the managers have calculated the risk and they have enough safety cushions, after all, you don’t have to think much about the bookmaker’s solvency.

[Wonder Work]

I wouldn't do the same but indeed, in the past when I wasn't feeling well or bad mood for some reason, I tried betting with the lowest odds. And yes, it was not fun at all even though I won and even worse, even though I chose the lowest odds like that, in fact I still get a lost. Thus, it would be better for me to always try to get high odds or at least good enough odds and still within a reasonable stage to choose, not high and not low. Thus, I realize the risks that can certainly be accounted for even if I lose.

If it can be done in this way, then it is definitely right because even if there is a loss here, it will be seen that there will be a situation to turn around. I also do the same when there is no entry, automatic thought comes in mind if there is a loss, will I be able to recover from here or will I face any bad effect for it. I proceed to the next step when I see that it is even. Because in playing the game we don't know in which direction it can move, so I think it should be played with thinking.

[satscraper]

~

Nope, I would not follow their steps. I think the price you set at the given bet should fit the the relevant odd and both i.e. both price and odd  should be build on the plot of bankroll. In any case I kinda like  odds from the middle range class that are in line with either ascendant or degressive bankroll.

[bittraffic]

1.01 is not attractive at all but sure there are high rollers who wants to earn a few percentage as long as its almost sure to win. 1.12 is considerably good to bet $100,000.

He'd be very addicted to gambling if he always win by betting on the crowd's favorite team, winning  more than $10,000 in an almost risk free bet is just awesome until he lost that $100,000. This is got to be the most addictive way to make money especially if its very risk free. This is why betting against Floyd wasn't a good idea.

[Patikno]

So, I was browsing stake around for matches and I caught a glimpse of a few bets that came one after the other in the high rollers tab, all 6 digits, so my curiosity got the better of me before I even realized the odds :




Obvious question, would do the same?
Have you seen other high roller bets that you think are beyond risky or put on crazy matches?

Sometimes I also feel curious to gamble like that, but I will still bet with a small amount because it is too risky, and even when experiencing a loss, it will make other losses, because we will still feel curious. So the point is, I prefer not to follow it too much, and even if there is a desire, I will limit it so as not to remain curious about it.

[mindrust]

Nah, low odds means nearly non existent profits.

I don’t understand these people at all. They are going for 1% which they can make everywhere. Even banks give you 4-5% interest on USD. Index ETF’s bring ~10% annually and these strategies are literally risk free. It is impossible to lose your initial investment like that but I have seen lots of people losing 1.01 bets before and when they do, they lose their capital too.

If you are not going to take any risks, why even gamble? Just do the boomer investment stuff.

[lixer]

I remember we had topic about a guy who has lost more than a million on a 1.008 odd NFL bet. That story teaches us that no matter how low is your odd, there is still a huge chance, that you can influence on, that you can lose. Risking a fortune just to get a few bucks is stupidest thing I have ever seen, not only because of risk, but because the amount of winnings will never satisfy and it forces to risk again.

If I remember correctly, it was $1.4m that the guy lost on a bet with 1.01x odds, which is insane. This is the reason why I find it foolish to bet large amounts with lower odds with the hope that you will win and get good money in return because just in case you lose, you are going to regret your whole life. I can only imagine how many bets the person could make with that money if he had used a smaller amount with a bit higher odds without any greed.

At the end of the day, gambling is gambling, and we shouldn't forget this fact. We might think that we are smart and we will outsmart the casinos and sportsbooks and make good money, but we are not, and what we do are not smart moves but are going to be in favour of the house in the long run.

Even if you are winning 10 bets using $1m and choosing 1.01x, you are only going to make $100k from it, and if you lose the million after that, there is no point of your winnings.

[Dr.Bitcoin_Strange]

I remember we had topic about a guy who has lost more than a million on a 1.008 odd NFL bet. That story teaches us that no matter how low is your odd, there is still a huge chance, that you can influence on, that you can lose. Risking a fortune just to get a few bucks is stupidest thing I have ever seen, not only because of risk, but because the amount of winnings will never satisfy and it forces to risk again.

I think I remember such incident, but by right such games are usually very likely to go as predicted but they will not, because in gambling you just have two uncertain options (win or lose) and no matter any strategy you use, you can not escape that lose. Low odds can actually fail when you already staked a huge amount with a high hope of winning that bet.

[stompix]

I don’t understand these people at all. They are going for 1% which they can make everywhere. Even banks give you 4-5% interest on USD. Index ETF’s bring ~10% annually and these strategies are literally risk free. It is impossible to lose your initial investment like that but I have seen lots of people losing 1.01 bets before and when they do, they lose their capital too.

If you are not going to take any risks, why even gamble? Just do the boomer investment stuff.

Yeah, but those investments are for an entire year.
With a tennis match, he can have 10 like those in maybe a single set, so that would be something like an hour of gambling and watching a game, if he manages to get 10 straight he is already above-average stock performance, or at least this is the theory. Overall I doubt he will be profitable in the long run, I don't see anyone managing to avoid all the upsets that happen all the time.

[Victorybit1]

An odd of 1.01 can still go sideways, there's absolutely nothing that's sure when it comes to sports betting. Gamblers that go low odds with huge amount ls of money are actually taking a big risk even though that's not what it seems like to them. Perhaps they think that winning is sure because of how low the value of the odd is, betting on low odds is still risky, that have been in the system for a long time cannot make such a mistake. Instead of doing this I would rather bet on a game that has a high value odd and stake very low. People who gamble like this are always trying to make gambling a source of income.

[Jaycoinz]

No I wouldn't, betting like this is very risky, I have some weird experiences with this. There are no guarantees of winning any game whether it's a high or low odd. It's funny that a lot of gamblers think it's easy to win if they stake high amounts of money on low odds, sorry to disappoint you but that is not how it works. After seeing that a gambler lost 15 thousand dollars on 1.01 odds. Low odds Only increase your chances of winning but doesn't guarantee Profit. You must apply risk management when it comes to staking so you don't end up regretting. Always gamble responsibly.

[hedgeh0g]

No I wouldn't, betting like this is very risky, I have some weird experiences with this. There are no guarantees of winning any game whether it's a high or low odd. It's funny that a lot of gamblers think it's easy to win if they stake high amounts of money on low odds, sorry to disappoint you but that is not how it works. After seeing that a gambler lost 15 thousand dollars on 1.01 odds. Low odds Only increase your chances of winning but doesn't guarantee Profit. You must apply risk management when it comes to staking so you don't end up regretting. Always gamble responsibly.

I agree with you, but many players, even seeing this, continue to bet on such odds, because they will think that the player is just a loser, and they personally will be luckier. This is of course a misconception, luck does not choose someone specific and a good or bad player, it does not matter. I know one thing for sure, that I will never bet on such odds, if I lose, then on normal odds, with which I will at least enjoy the excitement, and not 1.01) I think they are very upset by this and they will never make such bets again.

[coolcoinz]

I remember we had topic about a guy who has lost more than a million on a 1.008 odd NFL bet. That story teaches us that no matter how low is your odd, there is still a huge chance, that you can influence on, that you can lose. Risking a fortune just to get a few bucks is stupidest thing I have ever seen, not only because of risk, but because the amount of winnings will never satisfy and it forces to risk again.

Exactly. But betting a lot of money regardless of the odds is always risky.

A million to us can be life changing money, but to someone like Buffett it's just a monthly payment from his dividends. Remember how much money Drake lost to gambling?  To many people it's just a part of their lives and what matters is how much time you need to earn it back.
If your monthly paycheck is $1k and you lose that on  gambling you're in fact in the same situation as someone who makes a million a month and loses it on a bet

[DaNNy001]

Flipping such an amount on is very risky even though the odds are extremely small... small are odds are not really that safe as we think, as a matter of fact they are the ones you need to avoid the most...well, for him to have such a confidence in doing this probably means it must have been working out quite well for him... But One thing you need to know is that you can't always it right Everyday, they are going to be days where it might go sideways.. you might want to consider reducing your stakes and going for moderate odds instead because I don't advice anyone to do this.