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.
New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!
T&Cs apply, 18+
Get Bonus
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $100 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 5/31/26 at 11:59 PM ET.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 18+
Get Bonus
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
What is the 1.01 Betting strategy – 1.01 betting explained
Appeal – who would be tempted?
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.
1.01 betting explained – where to find them
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.
Why would anyone place a bet at such low odds?
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.
Potential 1.01 loophole – value to be found
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.
1.01 Betting strategy pros and cons – the good and the bad
Pros – positives of 1.01 betting explained
If consistent, you can double your bankroll quicker than initially expected. When investing your entire bankroll back into the investment, stakes will slowly increase.
Live betting fast. As mentioned earlier, 1.01 betting opportunities come “thick and fast” in live betting events. You can find in-play betting amongst most sports.
The 1.01 odds may present value. Some bookies offer 1.01 odds, while at most another bookmaker may be offering 1/200 odds elsewhere in fractions. This would make the 1.01 odds seem valuable.
Since the majority of your 1.01 selections will come from live events, the more events the better. Bookies offer odds on live markets and sports spanned across the globe. This means that there will be no shortage of possible selections to choose from, regardless of the time of day.
Cons – negatives of the 1.01 betting strategy
Nothing is 100% certain. There’s always that slim chance a selection could lose a very dominant lead or scoreline. This rarely happens, but the bookies know it is a possibility, hence why they offer odds, hoping that these unlikely outcomes happen.
Not recommended for beginners. Like a
matched betting strategy, following a 1.01 betting strategy requires a certain amount of discipline that newbies may not have developed yet.
You won’t qualify for some betting offers. Many betting offers come with odds terms to follow. It is common to find these at around 2.0 odds.
1.01 odds not offered. In live events, sometimes the odds are quickly cut from 1.01 to 1.00, towards the end of a game.
Tiny returns. Your first bet using this strategy will seem unrewarding at first.
Our top betting providers for 2026
1.
91/100
Rating
New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!
DraftKings Sports Bonus
New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $100 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 5/31/26 at 11:59 PM ET.
2.
90/100
Rating
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
BetMGM Sports Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
3.
89/100
Rating
Bet $1 and get double the winnings up to $25 for your next 10 bets
Caesars Sports Bonus
Bet $1 and get double the winnings up to $25 for your next 10 bets
Sportsbook is clean and concise, allowing for swift navigation
Odds can quickly be enhanced by regular sportsbook promotions
In-play betting is available to all Caesars Palace Online Casino customers
21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)
If your 1st bet loses, get an equal bonus bet up to $1,000
Top 5 tips for using the 1.01 Betting strategy – follow for a better chance of success
Research games and team information
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.
Select betting markets carefully
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.
Form a strategy
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.
Once you’ve doubled your bankroll, only play with your winnings
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!
Be consistent
Don’t over-do things by placing bets for the sake of it, or any 1.01 selection, but try to remain consistent.
What other betting/casino guides & strategies are available? Alternatives to the 1.01
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.
Conclusion – summary of the 1.01 approach
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.
Top betting bonuses
1.
New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $100 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 5/31/26 at 11:59 PM ET.
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
3.
Bet $1 and get double the winnings up to $25 for your next 10 bets
21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)
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!
🤷♂️ Where can I find 1.01 bets?
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.
❓ What is the most profitable betting strategy?
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.
❓ What are the lowest odds possible?
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.
New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!
T&Cs apply
9.1/10
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $100 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 5/31/26 at 11:59 PM ET.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
9/10
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
Bet $1 and get double the winnings up to $25 for your next 10 bets
T&Cs apply
8.9/10
21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
This site is using
Cloudflare
and adheres to the
Google Safe Browsing Program. We adapted
Google's Privacy Guidelines
to keep your data safe at all times.
Close
You didn't get to check out our top 3 betting sites in the USA:
New DraftKings Customers: Bet $5+ Get $100 in Bonus Bets Instantly!
91/100
Get Bonus
T&Cs apply, 18+
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $100 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 5/31/26 at 11:59 PM ET.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
90/100
Get Bonus
T&Cs apply, 18+
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
