I mostly go with the higher odds with the bets that I make. And that is a combination of thinking that I might be lucky to win those matches and as well as I am taking chances. I'm not just betting blindly without doing some little bit of analysis. So, for me the measure that I do are both but if there is only one choice to make. I am taking my chances. What if the chance that I am lucky with those high odds that I am about to bet will win? 
People might get confused to that and say that there is not that much difference for both of them. But as a gambler, we know that at most times we just take chances.
I think a good balance must be had with higher odds. If people play odds that are too low that is a mistake and causes more risk on those picks. People might get confused to that and say that there is not that much difference for both of them. But as a gambler, we know that at most times we just take chances.
Also if people play odds that are very high that is just hoping for blind luck to hit successfully. In general finding middle ground improves the risk reward ratio for the ticket.
I do that sometimes when I have to. But I am ready for any result that will come. If I lose that bet, that's part of gambling and that what gambling actually is. You'll never know if the outcome will be in favor of us and that's why we're betting on it. Sometimes you can add a extremely risky bet to improve the total odds but that is only if you are aware of what you are doing or are putting in very little money on the ticket.
That's what parlay is and this is what I am avoiding, I'm a scared man with that but I've seen our fellow forum gambling members that likes that.