Low Wager, Low Risk, Low Reward

[bhadz]

I think that many of us here are just simply betting with the lower odds and don't usually go for higher risk bets. While this is slowly but not surely strategy. With one lose, I think that it's going to take time until he recover from that loss. Because even if he's got the return for the first few days or weeks. But if the time has come and he's starting to lose his bets, that's gonna have some hard time for him to recover with that kind of odd that he's betting on. Conservative bettors usually do this and are aware that it only takes them a few losses before they start going back to high risk, high odds bets.

[danherbias07]

Nah, I don't bet on this. It is slow profits, and I don't feel the tension of watching the game with a very low odd on the line.

I always take the x1.70 to x1.99 odds for my single bets. Now, if I am making long parlays, I may add some of those low odds. It's a good addition to increase the multiplier, especially if a gambler thinks that it is a sure win bet. Still, I would not go for singles because I don't like playing too safely, and I would really love to feel the profits after a win.

[sunsilk]

Actually, our strategy has never been consistent, it's just that we are often tempted by high odds and want high winnings too.

This is true. There are times that we're not consistent anymore even if the strategy that we're following have brought us some good profits.

But in the end, when we start to be bored with how it goes with this type of strategy. We're also the one that breaks the rule that we've set for the strategy we chose to do.

The temptation of going with high odds and the thought of winning big on an instant if we win those bets is never gone for every consistent sportsbettor.

[FirmWars]

I explained to him that the biggest enemy of his strategy is himself, anyone doing this would
need to be extremely disciplined, which is very difficult to maintain.

I thought I should ask, what's his reason for doing this? Is he planing to make a living from the returns? If he doesn't have such plans, then he can force himself to maintain the discipline and keep wagering with low amount that he has planned to use, but he can also mixed betting or low odds with high odds too so that it can balance the risk and reward. It's not only low odds that can be successful, so he should also pick odds like 2.00 sometimes it will help increase his reward but he must not do that always except for a game that has high chance.

[Odusko]

Nah, I don't bet on this. It is slow profits, and I don't feel the tension of watching the game with a very low odd on the line.

I always take the x1.70 to x1.99 odds for my single bets. Now, if I am making long parlays, I may add some of those low odds. It's a good addition to increase the multiplier, especially if a gambler thinks that it is a sure win bet. Still, I would not go for singles because I don't like playing too safely, and I would really love to feel the profits after a win.

Same as me I don't go for those low odds games, I am too greedy for that, at least the lowest odds that I can consider is anything little below 1.90 odds at least it will give me big winning, since I am gambling already I am ready to lose my staked amount so for that reason I should stake it on a game that will give me the desired results and amount of winning.

[serjent05]

Still not an assurance that you can win those games in low odds.

https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/

So I'm not into this kind of low wager->low reward. I'm still that go all in and YOLO and see how it goes. And it's obvious that gamblers have different mindset, but I think there is more aggressive that really look for at least 1.8 odds.

Well doing YOLO is a time saver, although it has a higher risk since one wrong bet and your bankroll depleted, it also come with higher reward which is self-fulfilling if one hit it right.  I read that article, and it sure shows that in gambling, odds are not a sure thing to a win as a result, it just shows the probability of things to happen, so it might be correct that Low wager result to low reward, but the thing about the low risk is somehow questionable, because just like the earlier reply, in a session, one or two losses can wipe away all the profit and possible a negative profit that can cut some funds in our bankroll.

I think what's best to do is just gamble the money we can afford to lose, this way we will not end up with frustration and challenged emotions.

[Muba20]

Is anyone else betting on low odd's games?

It would be interesting to hear if anyone has been doing this and are successful.

At one point in my betting career, I was very keen on betting on low odds. Because the winning rate was high. I also won more bets, but the big problem was that if you lose once, you will face a big loss which will be difficult to recover. If you bet $10 on a bet with odds of 1.10, and then lose one bet, you will have to bet $10 on 10 bets to recover that money. If you lose one bet, you will have to face a loss again. That is, even though the winning rate is high in such bets, if you suddenly lose, you will face a relatively big loss.

[Findingnemo]

Low risk and Low rewards that is what matters here, the wagering amount is irrelevant...

If you think this strategy can work then just imagine a game where the odd of 1.01 still have some possibility of losing and it happened on many occasions so if you want to balance out the loss of that one game then you need to have 99% of win percentage at the end of 100 games.

[rachael9385]

One of my has started a new strategy of betting on really low odds games. He has the
outlook of aiming for anywhere in the region of a 3% return.

He started 4 days ago and has an overall 96% win rate and 24 wins from 24 wins yesterday,
so overall its working - so far.

He bets low odds, low returns with low wagers - $5 max on odds of no greater than 1.18 . . .
so it takes a lot of time overall.


I explained to him that the biggest enemy of his strategy is himself, anyone doing this would
need to be extremely disciplined, which is very difficult to maintain.

Positives:
Low odds can mean low risk

Negatives:
Low return
Balancing a loss takes time because of the low return
Maintaining discipline


Is anyone else betting on low odd's games?

It would be interesting to hear if anyone has been doing this and are successful.

low odds can be very frustrating when you have to keep on playing for a long period of time to get something substantial and funny enough this isn't even guaranteed to always work. in case no one says tells you this just know that low odds are sometimes considered to be a trap, you can't always be sure of the outcome of a game just because of the odds, as a strategic bettor you should know this

[AVE5]

Is anyone else betting on low odd's games?

It would be interesting to hear if anyone has been doing this and are successful.

I've been betting on low risks before but due to low returns that I wasn't contended with, i had to boost my risks in chasing higher returns.
And I'm not going to lie, comparing to then and now, I've been loosing more than then and I don't care calling that a cause of greed but the truth is that I'm taking the risks because I can afford the looses. Or let me say my income has also increased that's I don't appreciate the low returns anymore because it feels like I'm only wasting my time of playing and hopes to make profits in the long run.
Betting on low odds, low wager and fewer games would actually give you the chances to win more but the outcome can be unexciting unless you've patient and could gradually be accumulating the little profits and in the long time calculating your wins together could give you sufficient profits in total.
Very nice profitable strategy but only those that're patient enough can keep it up.

[Sim_card]

If I'm betting on a single bet, I don't go for lower odds. However, if I'm betting on parlay low odds is cool even if the chance of winning my bet is very low and risky. Every gambler should be focused on how he can limit his losses to the lowest minimum and enjoy the fun.

[Tungbulu]

Is anyone else betting on low odd's games?

It would be interesting to hear if anyone has been doing this and are successful.

My parlay of 5 games was vaporized by a very low odd, in fact the lowest odd, and this was a game I was least worried about, and it ruined my game. Sometimes it’s really not about how low the odds are, gambling is unpredictable and the unexpected can happen at any time, take me for instance, although I knew there were chances of losing the game and the chances of losing were actually higher than that if winning so I was actually prepared for the worst, but my disappointment was that the game with the tiniest odd of about 1.22 odds ruined the whole thing.
This happens all the time and even if the success rates are higher when you pick low odds, you should be prepared for the worst.

[leonair]

I saw a lot of sports bettor doing a low odds bet pick as strategy on Reddit but I still don’t see someone sharing that he manage to earn big using this method.

The overall PnL after many bets like 1000 bet is very crucial on this strategy since you will need huge sample just to get a significant result for your experiment.

Worst result is if you are in negative/breakeven PnL after spending lots of time for your bet pick. Does your friend carefully do an analysis on each bet pick or just randomly get a match with low odds?

In low odds, the winning is very high, but that win cannot keep PNL positive. Because even if you win a few times, the profit is destroyed if you lose once. It goes on like this. So in gambling, I always prefer high odds because in this case I will accept that I will lose but if I suddenly win, then I will get something big at that time. And I will be at a lot of risk to bet on high odds, so I will never bet a large amount at that time. I think this strategy will help us stay away from gambling addiction.

[BABY SHOES]

Actually, our strategy has never been consistent, it's just that we are often tempted by high odds and want high winnings too.

....
But in the end, when we start to be bored with how it goes with this type of strategy. We're also the one that breaks the rule that we've set for the strategy we chose to do.

The temptation of going with high odds and the thought of winning big on an instant if we win those bets is never gone for every consistent sportsbettor.

That is... emotions and making us feel bored with small victories, while for breaking our own rules this is often done. lol

That's right the temptation of seeing high odds in an interesting match is unbreakable, still want to bet it even though small odds such as 1.19 is much safer... but we always consider it a small return.

[bitzizzix]

Everything involves luck, and while betting on low odds consistently results in wins, losses can also occur because anything can happen unexpectedly. And without realizing it, in the long run, the losses actually outweigh the wins. I prefer betting on low odds with parlays when I have a good feeling and pick several games with potential wins, especially when a big team plays a small team, and it usually works. And when it works, the wins are bigger, and when it doesn't, the losses are negligible compared to previous wins.

[Perfectbaby]

The best way to gambling is to reduce the our odds to minimal and also try to reduce our legs or it could single bet or parlay with just a 2 leg bet to increase possibility of winning than accumulating 20 to 25 legs of games with the high hope of winning millions of dollar in that slip without know that things doesn't work that way.
In gambling what really matters most the joy and fun you are having while gambling, and of course many people doesn't care about the fun rather mostly focused on the funds that is to come in their accounts without knowing that gambling is not a game of certainty rather a probability so we must learn not to entirely depends what we should earning while gambling rather we should be feeling how relief have gotten while gambling.

[yahoo62278]

Long term this is a losing strategy if they never raise the max bet. With low odds games you will need to win 5-6 games to recover 1 loss depending on the odds you are betting, so I would suggest betting in units to maximize profits on low odds games you are more comfortable with. The reality is any game can lose but you have to take advantage of the better games with bigger bets.

[Porfirii]

-snip-

Is anyone else betting on low odd's games?

It would be interesting to hear if anyone has been doing this and are successful.

The betting style you describe is the opposite to what I do. I find low odd games boring, and a waste of time, but some bettors who enjoy placing a huge amount of bets find the way to do it thanks to low odds bets.

I don't personally know anyone doing this. Seoincorporation was testing a system but for gambling, I don't think he used it also for betting, but I hope he will tell us otherwise.

[uneng]

If it's being entertaining for the gambler to place bets on low odds, then no issues in following this pattern. However, if he is already feeling annoyed by the fact low odds are quite frustrating on long run, due to the losses happening more often than they should and being accumulated without recovery chances through this pattern, then they should change immediately.

The point of low odds is that it's a quite monotonous kind of bet. Potential profit is always low, there is no chance to make a fortune from your bankroll and losses will inevitably come. At least when you are betting on higher odds, there is a slight chance you are rewarded with a jackpot prize or massive multiplier, while reward base can be the same in both situations.

[indah rezqi]

In theory, the idea is good, but in practice, I'm curious to see if it will work in the long run
Low odds seem pretty easy, but when you start betting, you realize that it's not uncommon to lose these bets and hurt your bankroll

If you win 7 bets of 1.15, for example, and lose the 8th, you will be left with no profit

That's true, it's better to bet with a fixed amount, and I think this strategy is more likely to bring long term profit. Everyone has their own betting style that makes them feel comfortable, but it's better not to bet at all if a single loss can wipe out all your previous winnings. Mathematically, the bookmaker is still the more advantaged side, so never assume that choosing low risk bets will give you the profits you expect. Regardless of any strategy in gambling, there is no guarantee that you will win the bet, surprises can happen at any time.