So, I still think betting small on high odds of winning is a better strategy because even if you lose you lose small amount and there is a chance of hitting 100 in a row wins (even if you lose once or twice its small amount) and that ends up with high wagered amount.
With wagering low amounts you are expected to lose 1% of the total amount you wager.
If you bet 100 Satoshi 100,000 times, there is no difference the multiplier is 1.1 or 100.