Preferring a high odds pattern means that you want to receive higher payouts, risking your winning chances considerably. The prices from 3.50 (5/2) or 4.00 (3/1) odds and above are widely considered high.
The 100.00 (99/1) odds have a slight 1% implied probability to win; the online bookmakers who set that price know that the possible outcome of a sports or a non-sports event it’s improbable to happen.
More experienced bettors who place bets on 3-way markets in football consider that middling is a profitable strategy to secure high returns without increasing their risk. So, they choose to back lower to middle odds from 1.41 to 2.50.
The most consistent way to secure returns in betting is to find value in the odds. Some bettors tend to place bets on the outcomes that seem the most likely to happen. Although, the most winning odds are those where the positive value exists (i.e., when the winning probability is higher than the probability reflected in the prices).
Knowing the main differences between high and low odds, it’s an excellent first step to determine your winning possibilities in betting. There are many sites with predictions from singles to mega ACCAs, but before you follow them, you should notice that every pick you add in your betslip decreases the chances of securing returns. So, high odds tips from 4.00 odds to 20.00 or more have a low probability to happen.
Even with small stakes, you can quickly lose a lot of money. Always betting against the favorite might put your bankroll in danger, especially if you face a lousy run of successive losses. In the long term, it seems to be an unrecommended strategy.
Ignoring the winning possibilities is a critical mistake for your bankroll, even if you risk a lower amount of money than usual for fun or big odds bets. Ιf you win after numerous losses, the profit won’t make the difference on your account due to the low intensity of success of fun bets.
Betting on football or other sports, you should always do analyzed research, especially when wagering on underdogs. The first principle is to know the sport in-depth, exploring all the market values on big prices. You should first decide your high odds betting strategy and come up with a suitable staking plan.
No matter the market, all online bookmakers have betting and winning limits, which usually depend on their size. In the most famous bookies, you might be able to win up to €2,000,000, while in others as low as €5,000. That’s a way to protect themselves from going bankrupt.