Short Odds Sports Betting Strategy – Double Your Money!

When it comes to sports betting, not every strategy is about going for the big win. Some of the most consistent profits come from the smaller consistent bets that add up over time. That’s what we’re going to focus on today: short odds betting. It’s not flashy, but if executed with discipline, it’s a reliable way to build your bankroll over time.
I’ve been betting for over a decade, and while I love a calculated long shot as much as the next trader, there are profits to be made from short odds strategies that should not be over looked. Those strategies are designed to leverage probabilities in your favor and build consistency.

Let me show you why this approach matters, how it works, and most importantly, how you can execute it like a pro.

What Is Short Odds Betting?

Short odds betting, as the name suggests, refers to betting on outcomes that are highly likely to happen. These could include things like a top-seeded tennis player winning their match or a favourite football team defeating an underdog. Typically, short odds bets range between 1.10 (1/10) to 1.50 (1/2). The payouts aren’t huge, but the likelihood of success makes this strategy attractive for those that like to win more often then not.

That said, short odds betting comes with its own set of challenges. Backing every single short odds selection is not going to be profitable, we still need to be able to find consistent value with our bets. Discipline and studious research are vital here if you want to win long term.

Why Focus on Short Odds?

There have been numerous studies into betting at different odds ranges that have shown that blindly betting at shorter odds generally is much better then backing outsiders. There is an excellent article from Pinnacle on the favourite-longshot bias that highlights this in the tennis betting markets. It shows the results you would have attained from backing at every different odds range from 2011 to 2015 in the ATP and WTA.

Shorts Odds Betting Tennis

What you may notice is that the shorter odds selections with higher win expectancy (1.01 to 1.2) had much better returns in comparison to long shot bets. Although not profitable these were not cherry picked selections but were results to blindly backing all selections. There have been other studies that have shown the same occurs in football betting markets with bookmakers offering much fairer odds on short odds selections.

Profiting From Short Odds Betting Example

Recently I made a video about using a short odds betting strategy (view above) to double my money using a rollover betting strategy. This involved backing selections at short odds and rolling over my stake and winnings onto the next bet until I either doubled my money or lost. The aim of this video and challenge was to see if I could find value at shorter odds and employ a smart betting strategy in order to profit. The starting bankroll for this challenge was £100.

DateSelectionOddsP/LBankroll
06/07/25Bosnia (In-play)1.220120
06/09/25Over 0.5 goals (Italy vs Moldova In-play)1.078128
15/06/25Rose Namajunas (UFC)1.4659187
29/06/25Jake Paul (Boxing)1.2TBD225 (if wins) 0 (if loses)

This challenge is still to be determined and whether it wins or loses is really irrelevant, the idea of the video was to show how shorter odds betting can be approached with value in mind.

The Fundamentals of a Successful Short Odds Strategy

Short odds betting isn’t about blindly picking the favorite and hoping for the best. Like any strategy, preparation and execution make all the difference.

1. Research Is Everything

Before placing any bet, think about this question: “What do I actually know about this outcome?” It’s not enough to bet on a heavily favoured team because the odds suggest they’ll win. A team’s form, injuries, weather conditions, and even motivation to win each game matter. The reasoning to place any bet should be because you believe there is value in the current odds. Conor Mcgregor vs Floyd Mayweather is often quoted as one of the best value bets of the last 20 years why?

Come fight time Mayweather was close to odds of 1.2 suggesting an 83% win chance. Most sharp sports bettors however knew that his true probability was much higher, probably around 95%, which is why it was such a huge value bet. The true odds should have been around 1.05.

Mayweather vs Mcgregor fight odds

2. Bankroll Management

Short odds strategies still require excellent bankroll discipline. The small payouts mean you need a larger stake to generate meaningful profits if you are using single bets, if you are using a rollover strategy again you still must be patient. I use a fixed staking plan for my short odds bets, typically wagering between  2% to 10% of my bankroll depending on the odds range. This keeps the risk manageable while allowing steady, long term growth.

3. Avoid Chasing Losses

The biggest trap in betting short odds or otherwise is chasing losses. After losing a bet, it’s tempting to increase your stake on the next wager to recover losses quickly. This is where the wheels come off for most bettors. Keep your head and apply a disciplined approach knowing that in the long term betting value wins!

4. Don’t Overbet

A common mistake I see beginners make is placing dozens of short odds bets on a single day. Scattergun betting is a recipe for disaster. The quality of your bets will drop, and you’ll burn out quickly. Focus on finding the highest value bets possible, if there isn’t any for that day or week that’s fine. Quality beats quantity every time.

5. Track Your Results

If you aren’t tracking your bets, you’re leaving money on the table. Diligent record-keeping helps you identify patterns, strengths, and weaknesses in your strategy. Personally, I use a simple spreadsheet that includes:

  • The sport
  • The event
  • The type of bet (e.g., moneyline, spread)
  • Odds
  • Stake
  • Outcome (win/loss)
  • Profit or loss

This data helps me analyze which sports or betting markets I perform best in and adjust accordingly.

The Long-Term Benefits of Short Odds Betting

Short odds bets won’t make you rich overnight. What they will do is give you a structured, disciplined approach to sports betting. Over time, they can form the foundation of a profitable portfolio.
By focusing on the probabilities and making betting decisions rooted in logic. Many sports bettors over look short odds betting as it isn’t exciting but you know what is exciting- making money long term.

Final Thoughts

Short odds betting might not have the excitement of backing a 26.00 underdog, but it’s a strategy that rewards patience, discipline, and research. If you want to transition from casual bettor to consistent earner, this is one of the best ways to start. Track your results, learn from your mistakes, and above all, keep your expectations grounded.
Whether you’re aiming for a secondary income or simply want to be a smarter bettor, a strong foundation in short odds strategies will give you the tools to succeed.

 

Profitable betting strategy – Don’t discount short odds

Profitable betting strategy – Don’t discount short odds

All bettors hope to stumble upon a profitable betting strategy and sometimes they can be fairly simple.

So I have admitted to being somewhat of a gambling geek I have spent lots of time reading forums, blogs, books and whatever I can get my hands on that is betting/trading related.

I am always looking for a profitable betting strategy. One theory that I found interesting is the favourite-longshot bias in betting.

Here is some reading material for some of you that this might interest.

https://www.gamblingonlinemagazine.com/gambling-features.php?articleID=35

https://www.football-data.co.uk/blog/favourite_longshot_bias_football.php

https://www.progambler.co.uk/favourite-longshot-bias-in-fixed-odds-football-markets/

In a nutshell if you don’t want to read through those articles it shows that by blindly betting on every favourite you would lose a lot less then if you blindly bet on every underdog.

Bookmakers exploited the fact that a punter was more likely to back at higher odds. Given the chance to risk say £10 to win £90 then they would be to risk £10 to win £2.50. This lead to longer odds being much poorer value and further away from the real implied odds.

It indicates that is easier to find value in favourites then it is to do so in underdogs. A lot of the research I have read was from many years ago so I wanted to see if this trend is still prevalent in today’s markets.

Profitable betting strategy 

Looking at Pyckio a tipster site that has ranked thousands of tipsters we can see that the number one tipster bets at average odds of 1.28 (at the time of writing) going by the name of PistolPete with 6.1% yield over 568 bets.

He has achieved this by betting exclusively on low odds in Tennis. This is one indicator that the favourite-longshot bias is still prevalent at least in Tennis.

Profitable betting strategy
Betting short odds on tennis has shown to be profitable.

My second indicator was a service called Banker Bets which also focuses its betting on short odds over varying sports.

Over two years the service has banked an increase of 192.90% to the average available odds (meaning this could have been bettered by selecting the best odds available at the time.)

Spurred on by the success of the two above tipsters I then looked at how I could emulate their success and improve upon it. Another profitable betting strategy or theory known as value betting or chasing steam exists.

It basically states that by bettering the odds available at the sharpest bookmakers Pinnacle, SBObet etc in efficient markets such as the Premier League you will have a value bet. A value bet is a bet that has a greater chance of winning then the odds imply.

This wasn’t too difficult to do especially at the lower odds. Bookmakers such Ladbrokes, Betvictor and William Hill often had better odds then the sharper bookmakers. The exchange Smarkets with its 2% commission alongside another low commission exchange Matchbook also often provided greater odds then the sharpest bookmakers could offer on several occasions.

Using these two theories alongside some filters such as no injuries to key players, no heavy weather conditions, no major changes to a side I have small yet profitable sample size of bets to suggest this is worth continuing with.

From October 2015 to February the 14th I looked at home teams between the odds of 1.2-1.6. I only bet on teams that I was familiar with and had easy access to likely team formations, general team news etc.

The teams I chose were

  • Man City
  • Arsenal
  • Man Utd
  • Chelsea
  • Tottenham
  • PSG
  • Juventus
  • Atletico Madrid

After 53 bets at a level stake of £100 per bet the profit and loss was £618 with an ROI of 11.6%. The only overall losing teams over this period were Chelsea with a loss of -166 from £700 staked and Man Utd with a loss of -29 from £600 staked.

This is a small sample size however it is encouraging and with in play betting and trading an option there are ways which may improve this method.

For example teams such as Bayern Munich, Barcelona and Real Madrid that often start home games as 1.1 or below. In cases such as these we could explore the half time market or over 1.5 goals market in play.

There are many angles to take with this type of betting/trading.

I hope that this article has given you some insight into the profits that can be obtained from short odds. It could be a betting angle that is worth looking into.

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