The question is whether we should rely on odds when betting. Or just because we made our analysis?

I'm not accusing bookies of using this to trap gamblers, but I believe that it is made to test our capability to choose the team that is likely to win based on their performance, not the odds they have given. That is why I don't weigh much on the odds, as I would rather consider their performance the most before making a decision. But of course, we all know that favorite teams never win always, sometimes it happens that the underdog team wins.