Many strategies allow bettors who are well versed in sports and have extensive betting experience to make profitable and successful bets. But what about beginners? For them, too, there are a number of strategies that do not require detailed knowledge and analysis. One of them is the “Against the Favorite” strategy.
The Bottom Line
To apply the strategy, first of all, you need to deal with the favorite. It is the name of a team that, according to preliminary forecasts, has all the chances and opportunities to win the championship. Usually, the favorite is at the top of the standings, and for more than one year. The longer the team retains the status of the favorite. the higher the odds will be in our strategy. To give you an idea, the lower the chances of winning, the higher the odds.
For the entire championship, there are practically no teams that have not been defeated. The whole point comes down to how many of these defeats a particular team had. Most bettors bet on favorites, choosing options with an average odds of 1.30. In doing so, they are making a serious and irreparable mistake. Betting against the favorite is also risky, but the risk is worth it.
How to win by betting against the favourite?
To answer this question, it’s easier to look at an example. To do this, let’s take the German championship, which consists of 15 games. Let’s conditionally define Borrusia Dortmund as the leader. If you bet all the games against this team for dollars, then in the end the amount of loss will be dollars. But what will be the winnings?
Let’s say Borrusia lost in 4 games. That is, the bet played 4 times. It remains to calculate the amount of winnings, depending on the teams to which the favorite lost. They could be:
- Bayern with odds of 2.5;
- Werder Bremen — 3.5;
- Hamburg 5.5;
- Augsburg — 6.
Now let’s do the math.
2,5*10 + 3,5*10 + 5,5*10 + 6*10 = 25 + 35 + 55 + 60 = 175.
It remains to calculate the net profit, which is:
175-150=25 dollars.
The more underdogs that the favorite loses, the greater the profit. If the favorite had lost only to the leaders of the table, then the bettor could have gone “into the red” with such a strategy.
The strategy is risky. Therefore, it is worth resorting to it only in the following cases:
- disagreements and conflicts in the team of the favorite on the eve of matches;
- injuries of the main players;
- fatigue of the teams after the European Cups.
Before choosing the “Against the favorite” strategy, it is worth weighing everything and deciding whether the risk will be justified or not.