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Jennie Smith began her writing career in the finance niche, writing ebooks and website content on investment, trading, and the mathematical principles that underline such topics.
Betting without a strategy is almost always destined to fail. Trying to win money blindly will put you at a huge disadvantage compared to implementing a solid strategy and sticking to it.
There are many betting strategies to choose from and one of the most successful options is the 1.01 betting strategy. This is not the best betting strategy if you want to make a fast buck, but if you’re happy with a low-risk strategy that brings in small regular profits, then the 1.01 betting system is certain to appeal.
The 1.01 betting strategy is a strategy that would most appeal to those that do not like taking much risk. As the odds suggest, the risk is minimal, and 1.01 is usually the lowest odds available, when betting in a decimal format. Unlike fractions and other odds formats you cannot not get a “surer thing” in odds when using the decimal format.
The bet involves placing a bet on the lowest decimal odds available, which is harder to find on markets such as pre-match, or pre-race, depending on the event.
1.01 betting strategy odds are far more commonly found in the in-play markets. A good example of this would be when a team is leading in the final minutes of a game, or a soccer match that is leading 4-0 at half time. There are many reasons a selection will be quoted at the 1.01 decimal odds, and some are better value than others, of course.
This is a common question that arises when some bettors see people betting at these odds. However, this can be viewed from two different perspectives.
One bettor may prefer betting on this “sure thing” a multiple number of times, and gradually seeing their betting bankroll steadily increase, slowly but surely. Another bettor may fear placing these kinds of bets because they fear the “risk versus reward” may not be of their mathematical preference.
We mentioned earlier how 1.01 is the smallest decimal odds value available from most sportsbooks. This is not the case for every sportsbook as you can sometimes find odds such as 1.005, for example, but these are rarer to find.
An example like this would be when a bookmaker deems the bet to have a far greater chance of being 1.01 odds. For example, this is much easier and clearer when viewed in a fractional format. A selection with odds of 1.005 in fractions would be 1/200, and 1.01 would of course be 1.01. But why are we explaining this?
When we are betting with a bookmaker that uses 1.01 as their minimal odds, for decimals, there can be a bit of difference between one 1.01 shot compared to another, right? Considering when betting in fractions, a different sportsbook could offer odds of 1/100 and odds of 1/200 for a selection they felt looked even more likely to win. The latter has the far greater chance of winning, as the mathematical odds state.
Bearing this in mind, if there was ever a solid strategy to form when playing with 1.01 odds, it would be to try and determine those occasions when bookmakers get their prices wrong! Even bookmakers make mistakes in odds prices, albeit less often.
Sometimes, though, you will see bookmakers offering odds of 1.00, which is effectively saying “we won’t take bets on this bet”. This kind of price, 1.00, would most commonly be found in the dying seconds of a game/event.
The more selective you can become, the better chance you will have of your 1.01 sports betting strategy working. A common error with this strategy is bettors lose patience. They become urgent to try to increase their bankroll and find themselves betting on anything that is 1.01 odds.
Stick with your niche! If you are an expert within a specific market then it would be foolish not to make that your prime area of betting.
This 1.01 betting explained article is a strategy in itself. But there are strategies among strategies. Having sub-strategies is a good idea. For example, you may become super-selective and only bet on 1.01 bets that are lower odds with other sportsbooks. Or you could choose to only bet on live events that have less than five minutes remaining from the final finish.
The objective of this goal is so that they can start playing with winnings only, after they have doubled their money. By doing this, it essentially creates a 100% risk-free element to any further betting. If lucky, this process can be repeated many times!
Don’t over-do things by placing bets for the sake of it, or any 1.01 selection, but try to remain consistent.
We’re not going to lie, the 1.01 betting explained in this article may not appeal to everyone. Not everyone holds the same opinion or view when it comes to betting strategy. An alternative strategy that we have found that provides guaranteed results is the matched betting strategy. The only flaw with this strategy is that it requires the reliance of bookmaker bonuses.
If the matched betting strategy does not appeal to you either, another sports betting strategy is the teaser bet. You can use teaser bets to alter the spread of a game or over/under market to suit your needs.
The 1.01 betting strategy is not for everyone, especially if you’re a bettor that chases the big wins! If you prefer slow, steady progress then it might be worth giving the 1.01 betting strategy a trial.
Key tips when following this strategy are to remain patient and not look to bet on selections for the sake of it. We’re quite confident that you might be surprised just how quick your bankroll can increase, even when backing at such low odds. Please be aware that nothing is for sure though, despite how certain you are that your 1.01 selection may appear.
Winning from a 1.01 betting strategy takes time and patience. Our article at Betastic.com gives an insight into the best approach when asking for 1.01 betting explained in a way that is profitable long-term. However it is not the best betting strategy for all types of bettor. Find out why by reading our detailed guide!
1.01 bets, or odds of 1/100 can be found every single day, within many different betting markets globally. There will be many different opportunities to find 1.01 bets to place, but we recommend forming some kind of strategy, within the 1.01 betting system. In our guides we encourage this to try to deter bettors from simply betting on every single 1.01 odds bet that occurs.
This is a very subjective question that is likely to receive numerous different answers. We have written about a valid betting strategy that focuses on the 1.01 betting system. Our Betastic guide about the 1.01 betting strategy explains all the pros and cons that could be expected from using such a system. Although other strategies such as the matched betting strategy or arbitrage exist, 1.01 is considered one of the safest options.
The lowest odds possible would depend on the odds format that the best are presented in and also the lowest unit that a specific bookmaker uses. 1.01 odds bears the same odds as 1/100 in fractions and odds can be presented in even lower figures, pending their formats displayed. However, just as our guide explains, not all 1.01 shots present the same value. Read to see why.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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