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

[Beparanf]

What currency is the wager in or what would be the dollar equivalent?

Have you seen other high roller bets that you think are beyond risky or put on crazy matches?

There was one shared on the forum, a gambler staked $1.4 million dollars on less than 1.02 odds and lost the bet.

- Jay -

It’s an Indian Rupees which the conversion value to USD is 0.012USD. He is staking around 1160$ per bet which I believe can be considered as high roller already compared average bettor.

I think the currency has been overlooked because the topic mainly focused on the low odds while the figure in Rupee currency is high.

And yes, There’s some user in the past that lost millions even on very tiny odds.

[Su-asa]

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.

[Orpichukwu]

No, I won't do it, because I don't really understand each match that is being bet on, it takes a process to get into that vortex and what's really unfortunate is that I only gamble with the right amount of money, I can't afford more, I'm poor

You don't need to know how to predict those matches before you can be able to place such a bet; you can also be a high roller in other games that don't require you to have such experience.
 
On the side of being poor, that can only limit you to placing a bet with the amount that you can afford; that amount used to stake that game is a small amount based on the worth of the staker. Your financial status will determine how much you can consider a high amount for yourself.

[bias]

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

My answer is the same for both of your questions. Yes. I never played such an amount but if I have it available for gambling, I will do it. However, not in a tennis match.
I know two high rollers that play ONLY games in such odds. Not 6-digit ones though, 5-digit bets. Both never cash out their capital, always $20k - $35k, only profits. So far, so good for both, no one lost but I'm always stressed when they show me their bets. They are crazy? I doubt.

[Judith87403]

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?

Of course I have seen a lot of people doing that, their are some people who always look for smaller odd and then use a huge amount of money to boost it, for me I think is very risky no matter how sure the game is I will never think of betting it using such amount of money. we're all different people though, sometimes I wonder how they will feel maybe after betting with such amount of money and it turns out that the game didn't play as it is predicted I wonder how they will feel. for me I think the risk is way too much for me to take instead I use the money for other things I always bet with small amount of money with higher odds.

[Smartvirus]

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

My answer is the same for both of your questions. Yes. I never played such an amount but if I have it available for gambling, I will do it. However, not in a tennis match.
I know two high rollers that play ONLY games in such odds. Not 6-digit ones though, 5-digit bets. Both never cash out their capital, always $20k - $35k, only profits. So far, so good for both, no one lost but I'm always stressed when they show me their bets. They are crazy? I doubt.

In typical situations where you just want to bet or get something out of a bet on a game, I could do that. In fact, I’ve done that a couple of times. I guess I’ve had to regret one, still don’t forget it but, not that high stake. Went for a 1.2 odd on a game in the plus minutes after the 90minutes of regular playing time. I think it was from the Irish league premier division, just for this team Derry City to hold on to their winning position with just a goal difference and they conceived in the very last minute. It did hit so hard you know. That the odds are that low doesn’t guarantee safe bets but, you have a high chance at winning.

[nelson4lov]

~Snipped

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

Not surprised. I have tried several high roller bets — not as much as this, but just high in my own accord and I can confirm that there's no 100% safe bets.

I once played a 1.05 acca bet of 10 selections and staked really high and only 8/10 of those selections won. But in comparison, you get more # of wins with low odds bet that those mega odds bet.

For high rollers, you need to ensure you're getting to at least 2 odds so you can recover your stake even if it is cumulative.

1.11 odds games that add up to 2 odds and beyond is fine so next games become risk free.

[AmoreJaz]

~Snipped

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

Not surprised. I have tried several high roller bets — not as much as this, but just high in my own accord and I can confirm that there's no 100% safe bets.

I once played a 1.05 acca bet of 10 selections and staked really high and only 8/10 of those selections won. But in comparison, you get more # of wins with low odds bet that those mega odds bet.

For high rollers, you need to ensure you're getting to at least 2 odds so you can recover your stake even if it is cumulative.

1.11 odds games that add up to 2 odds and beyond is fine so next games become risk free.

Or even if you are placing bet on low odds, make sure you also know the game and the teams involved. At least, your assurance of winning is getting higher. Rather than betting on low odds hoping that you will hit it even if you don't know very well the teams involved. It is always best to bet on sports or match which you are very familiar of as placing a bet on low odds will somehow give you better results, especially if you are eyeing a multi-bet game.
There's really no 100% safe bets unless the game is fixed. Because there are blind spots that you can't see when the game is already rolling. The actual performance of the athlete alone can be altered once inside. What more of the other factors such as environment, coach. strategies among others.

[len01]

I often see high rollers betting on small odds to get small profits but have big risks. And that's something that is not equal and ridiculous to me.
It's like killing my own budget because small odds don't guarantee a win and I won't do that.
And as far as I can remember (not sure if anyone has told this here) there was a high roller betting on a sport and betting $1 million dollars on odds @1.01 who ended up losing. That's an example that doesn't need to be done to me and it's better to bet small amounts on big odds to be the most reasonable choice.

[suzanne5223]

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, in some cases, the lower the game odds, the higher the possibility of winning. However, this also doesn't work in some cases, and I believe the bettor used as an example by the OP strongly believed he/she had the best chance of winning the game, which is why he/she went for the lower odds.
The best thing is never to bet on a game based on odds, and analyzing the game is very important if you want to win.

[BitMaxz]

Why not? If you already know the outcome why would you hesitate to bet on low odds unless you don't analyze it first before you bet that's risky to do even me I won't do that because you bet a huge amount for small profit.
Maybe that player believes he will win this bet because people believe that low odds have a better chance of winning, so he ends up betting on that team without realizing that it could be a trap or that the team he chose is not lucky today.
If I were in his position, even if I loved the team, I would bet a smaller amount rather than this large bet just to show that I love this team.

[adultcrypto]

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?

This may appear great and fanciful when you are winning but the day luck will run out of you, you will learn the hard way. I have tried this method when I was working on my gambling strategy and the result was not good. In gambling, there is nothing like sure bet, all bets are risky even though it has the least odd. I will not do this because a single loss will wipe out several weeks of winning so it is a bad one for me. Instead I will go for minimum of 1:2 risk to reward bets so that one win can cover two losses. I don't care about placing big amount as I gamble within my plans which permit me to place small amounts sometimes and big amounts some other times depending on my conviction about the bet. 

[Vaculin]

Of course yes, I have a friend that when betting on low odds games, he prefer using big amount of money because he knows that if he puts in a little amount his profit will be nothing tovwrite homw about and for that reason he bets with huge amounts of funds believing that he has 60% chance of making profit than losing. It do work for him but not always.

I've also known a gambler like this. He won at times actually. But most of the time, he prefer to bet in high odds where there is higher chances of winning and earning. If he lose, I think that won't be a big deal for him. He is a high roller, so he has a lot of funds in his portfolio that he will continue to risk when betting.

[Cantsay]

Of course yes, I have a friend that when betting on low odds games, he prefer using big amount of money because he knows that if he puts in a little amount his profit will be nothing tovwrite homw about and for that reason he bets with huge amounts of funds believing that he has 60% chance of making profit than losing. It do work for him but not always.

But if you look at it well betting on this type of small odds whether you’re using big amount or little amount it’s not really worth it. Why risk your money for little return when you can just sown more time to analyse and bet on higher odds.

Like I said before - if betting on this small odds were 100% guaranteed to win then I won’t have had any problem with people betting on it but the fact that you still have the chance of losing your money to it makes it not worth playing.

[batang_bitcoin]

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

Nope.
It won't make sense to me but I know myself, maybe if there is a game that I am sure who's going to be the winner then that idiot me might copy that trick. I do the opposite usually, I bet on higher odds and then with smaller amount. That's way better to me than losing big and then having a return of little to nothing because of that odds. I think that's safer if someone is into sportsbetting but nothing to prove anymore and that's just pure gambling.

[tvplus006]

Obvious question, would do the same?

A low coefficient does not mean that you are guaranteed to win. And given that the bet amount is high, at some point the player may lose his deposit. This approach can only take place if the size of this high bet is 5-7% of the player's total deposit.

[nelson4lov]

Not surprised. I have tried several high roller bets — not as much as this, but just high in my own accord and I can confirm that there's no 100% safe bets.

I once played a 1.05 acca bet of 10 selections and staked really high and only 8/10 of those selections won. But in comparison, you get more # of wins with low odds bet that those mega odds bet.

For high rollers, you need to ensure you're getting to at least 2 odds so you can recover your stake even if it is cumulative.

1.11 odds games that add up to 2 odds and beyond is fine so next games become risk free.

Or even if you are placing bet on low odds, make sure you also know the game and the teams involved. At least, your assurance of winning is getting higher. Rather than betting on low odds hoping that you will hit it even if you don't know very well the teams involved.

The thing is that no strategy is 100% good all the time. Even the one you mentioned about betting only if you know the team and games still have flaws because even teams we know can still lose.

Well, everyone just needs to find their edge and use it whether it's low odds, high odds or betting on teams they know really well as long as it works.

[kotajikikox]

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.

Odds are not a sure thing. They are nothing but calculated probability and even calculated, there will always be margin of errors that there is nothing we could do to pretend correctly. Still, it helps a gambler know where or how much to bet on. Odds are often the core of a gambler's strategy but this is not everything there is in gambling.

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.

Extremely wealthy people probably do not even have a strategy. They just bet on whoever they like and if they win, they win. If they lose, they lose. That is simply how their life works.

[Hirose UK]

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

They are rich gamblers who have lot of money to bet on very low odds to provide greater chance of winning because very low odds when bet with small money will not provide profitable win, there are many ways to bet like this and can indeed provide more winning results.
I personally would not take bets like this continuously because I only have limited money and prefer to make bets with bigger odds, each gambler has their own way of betting their money and choosing the betting options that are considered the best.

[Beparanf]

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

I will never do this since the potential profit is too low compared to the risk of losing all my bet in one bad luck bet. I think that user is just farming wager to complete bonus wagering requirements easily with low risk bet since there’s no sense at all on doing that kind of huge bet on low odds if you are looking for a decent gambling experience.

I’d rather bet in small parts with decent odds of 1.8 and above rather than bet all my bankroll and nervous all the time due to the potential losing of everything.

There’s a lot of story before that users losing million dollar just for a below 5K profit.