My topic is based on those who are majorly into sports betting, we know in this aspect of gambling it is very risky to predict the outcome of any game from both teams to score, over and under, straight win and many more. Most times we bet on the big teams to win and the reverse becomes the result, either the small teams securing the win or ending in a draw.
Straight to the point most people are afraid of compiling big odds and now decide to go for lower odds with huge staking power which is not even guaranteed to give the predicted results. For example, there could be a match between Newcastle VS Tottenham Hotspur and both teams are having 1.5 and 1.3 odds respectively, a gambler may decide to bet only on Tottenham to straight win by only selecting this one game on his slip, what is your take on this kind of gambling, risking bigger money on some low odds with a small potential win and still the possibility of your pick to win is not even certain.
First of all, all gambling games has risk and risk is even higher with other games than with sports betting simply because most of those are dependent with luck alone unlike with sportsbetting wherein analysis do work as a factor to determine which team would possibly be winning. And if it is choosing whether engaging with small bets on high odds than with high bets on small odds, I'd prefer the low wager with high risk and high return. The reason is lack of assurance to win eitherway. Indeed chances of winning is higher with smaller odds which would be tempting to increase your wager but since nothing's certain, you could still lose and that covers your high bet. And with low betting amount to higher odds, at least if it would be a losing outcome, you won't be in much burden and if ever you happened to win, then congrats! Either betting strategy would be fine as long as you know your numbers for yourself.