I believe people who gamble on sports may understand this better since sometimes in sports betting some gambler's prefer to go for the smaller odds that usually have a higher winning chance and sometimes they can still end up a losing game however some prefer to go for the big game with big odds and smaller winning chances.
What's usually your pick as a gambler since sometimes some persons are luckier than others?
Some years ago, when I was active in sports betting as a student, I had an experience I would never forget and after that incident, I stopped playing small odds and it was when I started seeing some wins or at least 3 out of my 5 accumulations play in every ticket.
The experience was using small odds to boost my multiplier. I selected 5 matches with normal or moderate odds and I decided to increase the multiplier;
I added Bayern munich to win with 1.21 odds,
I also added Manchesty city to play over 0.5 goals with 1.11 odds
Lastly, I added Barcelona to win with 1.09 odds
All the matches played, except Barcelona. I was sad and imagined why 7 predictions happened and rubbish 1.09 odds ended my joy. That was when I decided not to play more than 4 games in a ticket and I don't play odds not more than 1.5 anymore.