How to bet on small odds in sports betting?

sports betting small odds

❓What are low odds?
💡Best betting plan
💬Constructing a management plan
📈The "rising" strategy
🔍Advantages and disadvantages
📌Summary of low odds

Players who build their strategy on small odds, between 1.10 and 1.40, follow an essential principle. Overall, they see this as a sure way of obtaining profits while minimising risk.

Small odds reveal two things:

The probability of an outcome occurring
The amount a player can win by betting on that outcome

When betting on small odds, the chances of winning are obviously high and the returns low, because it is the favourites who are concerned.

There are specific factors to check before deciding whether this is a good strategy:

The likely winning odds
The ideal betting plan
Avoiding pitfalls
Choosing the online bookmakers offering the best odds

To find out how to build a betting strategy based on small odds and secure your bankroll over the long term, we invite you to read the rest of this article!

What are low betting odds?

It is essential to know what the odds on a market represent. All the odds on offer conceal a winning percentage, which is your probability of winning. For example, if you place a bet on odds of 1.10, the probability of winning is 90.91%; this means that there is less than a 10% chance of losing, which is an extremely small but real probability.

What's more, the significance of low odds is relative. Odds such as 1.10 can be considered low for a seasoned punter looking for underdogs and high for a reasoned gambler who likes to back the favourites. In general, bets with odds between 1.10 and 1.40 are considered small.

What is the best betting plan for low odds?

Betting on low odds usually attracts beginners as they generally consider these small odds to be more likely to win. These small odds can be included in a combination of several bets to obtain relatively high overall odds.

On the other hand, more experienced punters are often looking for greater returns and therefore bet on higher odds. In both cases, it is essential to follow a strategy and stick to it. Your objective must always be to maximise your profits, always have this objective in mind so you do not lose your way. A strategy based on low odds requires you to make a lot of bets, and your starting bankroll will ultimately determine that number.

Explanation in detail:

Determine how much money you intend to invest. You can choose a bankroll of £100 to £1,000, for example.

Divide the initial amount by the number of bets needed to make a profit.

Find out how the bookmakers set the odds and check which ones offer the highest odds.

How do you build your management plan?

One of the most common bankroll management plans is to bet the same amount for each choice. You then have absolute control over your win ratio, but you will be faced with a low-probability betting strategy. Patience is essential because the returns on your investment will be meagre, even if you succeed in 4 out of 5 bets.

Let's take an example to understand the likely progression of the bankroll, starting with a balance of £100 and a fixed bet of £10.

Bet	Stake	Odds	Result	Rolling Total
1	£10	1.20	Won	£102
2	£10	1.25	Won	£104.5
3	£10	1.20	Won	£106.5
4	£10	1.40	Won	£110.5
5	£10	1.35	Lost	£110.5

You have therefore risked half your initial stake (i.e. £50) on five individual bets, and your return is just £0.50.

Conversely, there is another strategy, which will be much riskier, the rising bet.

What is a "rising" strategy?

The rewards for success are greater with the "rising" strategy but it is all about risk management and knowing the right point to take the profit.

Trying to build up a series of winning bets and transferring all the total winnings to the next bet is a real challenge that you can stop at any time. When you reach the profit target, that's the best time to take a break and build a new series without increasing the risk. The key to success is knowing when to stop. Some punters set themselves extremely high-profit targets, such as "reaching £10,000 with an initial stake of £100". It's best to understand that it takes around 25 consecutive wins to achieve this, which is unlikely to happen. Let's look at a practical example of "going up" with a starting stake of £100.

Bet	Stake	Odds	Result	Rolling Total
1	£100	1.25	Won	£125
2	£125	1.20	Won	£150
3	£150	1.30	Won	£195
4	£195	1.20	Won	£234
5	£234	1.25	Won	£292.5

You started with a bankroll of £100. After winning five consecutive bets, you've earned total returns worth £292.5, for a net profit of £192.5. If you continue and the sixth bet in a row loses, your entire bankroll will be gone. The right decision is therefore to secure your winnings and start again with a starting bet of £100.

Advantages and disadvantages of low-odds betting

Obviously, this type of betting has some advantages but also some disadvantages. More details below.

Advantages:

As we said, you are statistically more likely to get positive returns over a long period of time.

You don't have to put all your eggs in one basket. Low odds generally mean that you are making a lot of individual bets. On the other hand, if one of your bets loses, that's okay. The idea is to win more than you lose, not to win all the time.

It's easier to find opportunities. A glance at the odds can often be enough.

Low odds can be made up of "double chance" bets (e.g. Bayern Munich win or draw) and therefore increase the probability of winning.

Disadvantages:

Losses hurt more. If you lose a bet, it may take you 2 or 3 winning bets to get back on level terms, assuming that all those bets were at low odds.

It takes longer. If you make a lot of low-odds bets, it will take many consecutive winning bets to reach your target.

In a nutshell...

If betting at low odds seems easy, you still need to take into account the parameters of the sporting event you choose. Don't rush into matches that look "easy on paper", which could conceal a potential loss, and determine your winning strategy before you start!

Don't be too greedy, and avoid placing your next bet before the last one has been paid. You must be extremely careful when betting on small odds, even if you consider certain choices to be worthwhile.

As a general rule, you should remember that nothing is certain and that betting at low odds does not guarantee you a sure win. In order to achieve a significant net profit by developing a low-odds betting strategy, you need to have two key allies: a high balance to start with and then follow this up with several winning bets in a row.