Which are better low odds or high odds?

Question

This is the gambling section..

Answer 1

well.. i believe the money is at the mid tables.

high odds mean that its probably not gonna happen (according to statistics) while low odds means tt it'll probably happen ( with a low low low payout).

so i believe get both the high and low together such that they compliment each other such that u'll still profit if either way wins.

OR just whack the mid tables. u'll need a good eye though.

Answer 2

depends on whether you think the cup is half empty or half full.

If, say for example, the New England Patriots were playing the Juneau PeeWee Football Team, and the odds were 100 to 1 against the PeeWee's.

100 to 1 is a good return if you win. However, since the Patriots are so likely to win, the 1 to 100 odds are actually a good bet.

Odds are nearly always calculated with the winning chance in mind. Therefore, if one team has 10 to 1 odds, they are considered far more likely to lose. If a team has 5 to 7 odds, they are much more likely to win.

So, depending on whether you like longshots (with good payouts) or victories (with poor returns), high and low odds are both good and bad.