Are “safe bets” really safe, or just overpriced?

[libert19]

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For those who do sports betting, do you still trust favorites when the odds are low, or do you avoid them once the price looks too expensive?

No, I don't bet on favorites when odds are too low, I prefer to make bets with odds above 2 when team is having good winning chance (trust me, it often does even with such odds), but I'd bet on favorites with odds upwards of 1.7 when team looks certain of winning, as I like to think risk-reward is justified with such bets.

[Lida93]

Safe bets are not determined by favorite team, as an experience bettor, a safe bet is the pick that you chose because your analysis has determined that such pick is what has the better chance to give you a win, whether overpriced or not. You have to confirm the level of chance that game have before you actually say you are going to bet on it, unless you are just a newbie who has no strategy in making analysis. If I choose to bet on a game that I believe to be safe simply because it looks safe without doing a verification, I might not actually win.

Gambling responsibly should be our focus as gamblers and the only way we can gamble safe is when we are betting with amount that we know we can afford to lose. Picking a good game that will result in profit can be hard to know if it involves two big team that are good on the pitch and a big rival. Football analysis does not only determine a safe bet, there are other factors we need to consider when gambling.

There are no other factors to consider that can make a bet be a safe bet other than that one team appears to be a better team by stats and current performance over the other team. That's just the yardstick that is used by sports bettors to refer to a bet as safe bet. But there's really no such thing as a safe bet because football does favour the most in form team but the team that is able to utilise their chances on the field. The idea of safe bet has really made bettors waste a huge amount of funds because they had much confidence about how safe the games are and they went all in.

[SOKO-DEKE]

For those who do sports betting, do you still trust favorites when the odds are low, or do you avoid them once the price looks too expensive?

I don't trust a favorite team blindly just because the odds are low. I always do my own analysis, find out the facts for myself, and then make my picks based on the results of that analysis. Because of that, I sometimes do better with low-odds bets when I believe they are actually worth betting on.The reason I started doing my own analysis instead of always following favorite teams with low odds is because there was a period when I thought I was smart enough to win simply by picking favorite teams. I would select about 10 games with low odds to build a higher combined odd, even if the total was only two or three odds, and then place my stake.At that time, I was betting blindly without doing any research to determine whether those favorite teams with low odds were actually worth betting on. In the end, I usually failed.That experience made me start doing my own analysis before placing bets. Now, I choose teams based on my research, whether they are favorites with low odds or not. What I rely on today is my own analysis, not a team's status as a favorite or the fact that it has low odds

[knuckey]

Many bettors like to pick the favorite because it feels safer. Strong team, better players, better record, so it looks like the obvious side to take.

But that is where the trap can start.

Sportsbooks already know most people will run to the favorite, so the odds or spread can become too expensive. The team may still win, but the bet itself might not be good anymore because the value is gone. This is why I’m starting to think that a safe-looking bet can still be a bad bet. Maybe the question should not be “will this team win?” but “am I paying too much for this pick?”

For those who do sports betting, do you still trust favorites when the odds are low, or do you avoid them once the price looks too expensive?

I realize that's true. But strangely, there are still people who remain loyal to their favorite team. But sometimes, despite that, they still win, although this rarely happens. I usually prefer to play it safe by supporting the opposing team with a large following, although when my favorite team is playing, it's hard not to place a bet on it.

[GiftedMAN]

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For those who do sports betting, do you still trust favorites when the odds are low, or do you avoid them once the price looks too expensive?

No, I don't bet on favorites when odds are too low, I prefer to make bets with odds above 2 when team is having good winning chance (trust me, it often does even with such odds), but I'd bet on favorites with odds upwards of 1.7 when team looks certain of winning, as I like to think risk-reward is justified with such bets.

For some favourite with low odds but good performance all round regardless of the odds given I still make bets with them for either direct win or over 2.5 goals if they are facing a team that scores goals. But any favorite team with over 1.7 odd has the probability of winning either half so the best option will be to for them to win either or the half so if they win in the first or second half your bet will still go through. Remember the term favourite doesn't mean they will always win.

[Fivestar4everMVP]

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For those who do sports betting, do you still trust favorites when the odds are low, or do you avoid them once the price looks too expensive?

No, I don't bet on favorites when odds are too low, I prefer to make bets with odds above 2 when team is having good winning chance (trust me, it often does even with such odds), but I'd bet on favorites with odds upwards of 1.7 when team looks certain of winning, as I like to think risk-reward is justified with such bets.

Exactly, one mistake I've personally noticed that alot of gamblers or sports bettors rather don't check what is the risk-reward of the game they placed bet on.
Risk - reward is simply a means through which we get to know if the reward of what ever game we are placing our bet on is worth the risk, so that is, the reward for the match must be worth the risk being taken for the reward.

For example, it is foolishness to place a bet where the stake is $100,000 and the odd of match is 1.2 or maybe even lesser, now imagine that the gambler lost that stake of $100,000 all for the chance to win a mere $1,200, this is a very bad way to gamble or bets, those who pay real attention to betting will always understand that there are several betting opportunities in the market that are worth not staking any money on because the potential winning amount is to small compared to the risk involved in the game.

[Wakate]

For some favourite with low odds but good performance all round regardless of the odds given I still make bets with them for either direct win or over 2.5 goals if they are facing a team that scores goals. But any favorite team with over 1.7 odd has the probability of winning either half so the best option will be to for them to win either or the half so if they win in the first or second half your bet will still go through. Remember the term favourite doesn't mean they will always win.

I know their are gamblers that like looking to add games with big odds to their bet slip and that can be a serious problem for anyone. Those big odd games often end up in a draw or lose if you carry them as a direct winning.
I like reducing the risk of my bets even if the odd will be reduce, it is better and I am okay with games with small odds than losing to big odds. Gambling should be balanced, some games should come with less risk while others can be high risk.