With low odds, one needs to put in a lot of capital if you want to earn nice profit from that odd but there is little risk that in case there is an upset, you will lose all the money. Low odds also mean that you will have more chances to win the bet, but nothing is certain as sometimes the weaker teams also win.
I also prefer moderate odds that are not too high and not too low. This increases the risk too but at least when you win the bet, you get some profits that you may enjoy. There are gamblers who always put less money into bets but prefer high odds. Their winning percentage are usually less but when they win, they recover some of the previous losses.
Experienced users will not chase with high odds, high mulitpliers because they see risk is bigger. They know through their experience, that profit or loss, it must be counted in a long term, in net profit or net loss. It's unrealistic and also unsustainable to chase for very big win to become a millionaire or billionaire with 1 bet for example.
Chasing too big wins will only bring loss and loss, over time it sums up to very big loss for you. You start with ambitious or greed target to win big, get rich, but with time you lose bigger and bigger and will probably end with bankruptcy.