When you see “-100” odds, it means you need to bet $100 to win $100.
It’s essentially an even money wager, where the potential profit is the same as the amount staked.
This is typically seen in close contests, where neither side is a clear favorite or underdog.
How Does This Affect Your Betting Strategy?
Imagine you’ve got $100 and you’re considering a bet on a game with -100 odds. What happens if you place this bet?
If you win, you’ll get your original $100 back, plus an additional $100. If you lose, you’ll be out of pocket by $100.
This can influence your betting strategy as you need to be confident in your pick to risk losing your stake.
When Should You Consider This Type of Bet?
There are no hard and fast rules here. It really depends on your risk tolerance and confidence in your pick.
However, low odds can mean lower risk for a relatively low payout.
You might want to consider this type of bet when you’re less sure of your outcome or when you’re protecting your bankroll.
Finding the Most Profitable Soccer Odds
An odds comparison tool can be your best friend when hunting for the most profitable odds.
Tools like OddsJam can help you compare odds across different sportsbooks to find the best value for your bets.
Most people bet without knowing what the odds of winning are but with the help of odds comparison tools like OddsJam, you can ensure that you’re getting the best possible return on your bets.