This makes gamble a game of luck to the poor and a game of strategy to the rich.
Ex:
RICH ($10,000 * 1.10 odds) = $11,000
POOR ($5 * 1000 odds) = $5,000
With this you can see that the chances of the Rich winning is very high up to 90% while the Poor only have 10% chance of winning which now is based on luck!
This makes me think about the saying that goes by "THE RICH IS GETTING RICHER WHILE THE POOR IS GETTING POORER"
The get rich quick mentality is killing the poor.
In gambling with the example odds you mentioned, it could also be that The rich go bankrupt faster while the poor remain poor.
With low odds in 10 bets, there is a chance to still lose, and just 1 can be enough to drain the profit, and 2 times even if more then it becomes depleting capital
So don't think that low odds are a guarantee of profit, and the high odds guarantee loss because gambling still has unpredictable factors.