Why Betting Odds-On Can Be More Profitable Than You Think

There is a particular type of bet that many experienced bettors instinctively dislike.

A 1.30 shot.

A 1.20 shot.

Sometimes even shorter.

The usual reaction is that there cannot possibly be much value at those prices.

But what if that thinking is wrong?

And what if avoiding short priced bets means ignoring some of the best betting opportunities available?

That is something we have been highlighting at the Smart Betting Club for years.

And this week, independent tipster and betting analyst Craig Edwards provided a very interesting example of it.

“I Rarely Bet Odds On”

Craig has just published a detailed review of WinnerOdds, a service we have followed, reviewed and recommended at SBC for several years.

What makes his experience particularly interesting is that WinnerOdds goes against Craig’s normal betting instincts.

As he explains:

“Anyone who follows my stuff will know I rarely bet odds on, very rarely, but this service in general is the opposite.”

Craig originally subscribed after our recommendation at Smart Betting Club.

Nearly 30 months later, his verdict is pretty emphatic:

“I did and have never looked back!”

You can read Craig’s full independent WinnerOdds review here:

https://craigedwards811131.substack.com/p/winner-odds-review

Craig also explains that WinnerOdds concentrates on smaller edges combined with significant betting volume, meaning many of its selections are odds on.

It is a very different approach to hunting for big priced winners. But that does not mean the value is any smaller.

Why Betting Odds On Is So Misunderstood

Earlier this year we explored this exact subject at SBC.

One of the biggest misconceptions in betting is that a short price automatically means poor value.

It doesn’t.

A team offered at 1.30 that should actually be priced at 1.20 represents an edge of around 6.5%.

Find opportunities like that repeatedly and those relatively small advantages can add up.

Our analysis of more than 4,000 bets from one successful football service found that over a third of its 1,552 points of profit came from its short priced bets.

But I have also seen the same thing with my own money.

€37,000 Profit betting between 1.01 and 1.6

I personally followed WinnerOdds for several years.

Over that period my account generated just under €64,000 profit.

And here is the part that might surprise you.

More than €37,000 of that profit came from bets priced between just 1.01 and 1.60.

That is nearly 60% of the total profit coming from the sort of prices many bettors instinctively avoid.

They weren’t winning bets simply because they were short.

They were profitable because they were mispriced.

You can read our full article explaining the numbers and why short priced betting is so often misunderstood here:

https://smartbettingclub.com/blog/betting-odds-on-is-misunderstood/

This Is What SBC Is About

There are countless accepted ideas in betting that deserve to be questioned.

Never back odds on.

Always look for bigger prices.

A short priced winner was obvious.

A losing bet was a bad bet.

At the Smart Betting Club, we are interested in what the evidence actually tells us rather than anecdotes or assumptions.

That means independently testing betting services, analysing thousands of real bets, speaking with successful bettors and sharing the strategies and services we believe serious bettors should know about.

WinnerOdds is just one example.

SBC members get access to our monthly SBC Magazine, our archive of betting service reviews and reports stretching back 20 years, plus our latest research, interviews, analysis and member benefits.

If you want to make better informed betting decisions and discover opportunities you may otherwise overlook, you can join Smart Betting Club today.

The tipster with a clear edge betting on short priced favourites as low as 1/5 (1.2 in decimals!)

In the latest SBC Magazine – Issue 129, my team and I explored the unique Tennis Tipping service as offered by Winner Odds – a service we have tracked and used personally for several years.

Winner Odds is undoubtedly a tipster challenging preconceptions, not least that you can make money betting using tipsters, but also that you can make money betting odds-on.

Including betting as short as 1/5 or 1.2 in decimals!

So, if you thought that betting odds-on, including at some very short prices was a mugs game. Well, think again.

Let me reveal more on the edge that Winner Odds has including at short prices….

Download SBC 129 and the entire SBC Back Catalogue of Reviews, Reports & More with a SBC Membership.

€5,678.49 PROFIT USING WINNER ODDS

I have been personally using the Winner Odds service for a couple of years now, having added the service to my portfolio back in late 2019/early 2020.

As of the date of writing the Winner Odds review, my profit stats are as follows with a screengrab taken directly from my Winner Odds account:

Now over a usual 2 ½ year period, it is entirely likely you would see a lot more bets being placed, however its important to make clear the disruption that Covid caused from early March 2020 into 2021.

We had circa 4-5 months without any live Tennis action and even when it did return, there were issues such as players unable to travel, train properly or with full motivation and a lack of discernible form to work from.

As such, Winner Odds wasn’t active or charging subscribers for a long period during this time – which is certainly something to bear in mind! The average tally therefore of 5.42 bets per day is likely a lot higher in reality in terms of active days tennis that was available to bet on via Winner Odds.

WEEKLY PROFIT & LOSS

Exploring these stats further, you can see the profit by week in the chart below and the proportion of profitable (green) vs loss-making (red) weeks over time.

The majority of weeks I made a fine profit, apart from a few periods including one 2-week run which lost circa €1500. As disappointing as that was at the time, I stood firm and that loss was soon made back with extra profit on top in subsequent weeks and it was quickly forgotten.

PROFIT AT LOW, LOW ODDS

Onto the point I raise at the top of this article and my profit at various odds ranges, which you can see in the next graph.

A full €4247.14 of my total €5678.49 profit has come on bets priced between 1.01 and 1.2, with another €1744.27 at those between 1.2 to 1.4.

Who says you can’t win betting heavy odds-on?

Everything is possible with the right edge and these stats prove it!

You can also see the Yield or ROI from each odds range below, with a 5.05% ROI at those between 1.01 and 1.2.

TRACKING PERFORMANCE

The following hitrate/odds range chart also backs up how I am underperforming somewhat in a few areas.

The dashed line shows what you would expect long-term over a larger set of data (look how smooth it is!), yet my strike-rate on a couple of odds ranges is a bit lower, including at 3.5 (5/2) and 4.0 (3/1) and over.

At 4.0 and over I have only achieved a 15.56% strike-rate from 90 bets, yet long-term this should hit just over a 25% strike-rate. So, I am about 10% down on what I could reasonably expect, although from just 90 bets, which is clearly a very small sample.

I am also tracking at just a 44.83% strike-rate for bets between 1.8 and 2.0, where I should be at about 52 to 53%.

Again, this backs up my confidence that over time my ROI figure will improve when my sample size at these odds ranges increase, especially when you consider that the higher ROI returns for the service come at bigger odds.

MANY WAYS TO SKIN A BETTING CAT!

My experience over the years is that there are many ways to make a profit betting.

Some punters and tipsters make a profit betting odds-on, some at single figure odds and others even at triple figure odds.

Some swear by single bets only whilst others do doubles, trebles, lucky 15’s or even yankees to make their edge.

There are many ways to skin a betting cat and its good to challenge your preconceptions at regular intervals!

So next time you hear from someone who says “You cant make a profit betting odds-on” – you know they are completely missing the point!

 

READ THIS REVIEW NOW!

If you enjoy this small excerpt from our review of Winner Odds, you can read the full in-depth review as a Smart Betting Club member.

This includes a detailed look at the average user results across thousands and thousands of data points from Winner Odds customers, with an ROI of 5.61% since 2016.

  • Review based on several years actively using and monitoring Winner Odds Tips
  • Explore our own real-life results and how we made €5678.49 over 2336 bets using Winner Odds
  • Explore the strong betting bank growth stats and staking analysis for optimal returns
  • Full rundown on how the service works include how to customise it to the bookmakers you have available
  • Monte-carlo simulation results
  • Exclusive €50 SBC member discount on the cost of joining Winner Odds