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The 1.01 Strategy: Can it Work For You?

One betting strategy which has grown in popularity in recent years is the 1.01 betting strategy. Tied into the explosion of interest in live betting, this strategy revolves around finding ‘sure thing’ bets at decimal odds of 1.01 or 1.02, and betting an entire bankroll on the outcome. Here, we will take a closer look at this strategy, and identify its strengths and weaknesses, as well as offer some advice on how to make it work for you.
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1.01 strategy highlights

  • 1.01 odds usually occur in the final minutes of football matches
  • The tactic can be applied several times in the same match
  • Punters require skill and knowledge to make it work
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Use a betting exchange to make the 1.01 betting strategy work

You need to play live at a betting exchange, such as Betfair, for the strategy to work properly. As the situation on the pitch changes, so do the odds available. They rise and fall depending on what happens in the match. When the odds on an event are high, in the 1.9 range for example, any slight occurrence in the play can lead to a small change in the odds. This change is usually very small, from 1.9 to 1.88, for example. But if one team has a massive advantage and bets are being traded at odds of 1.01 or similar, then a team’s odds might change to 1.02, if one team or the other gains a small advantage. A slight change in odds can therefore amount to 100% of the stake wagered by the punter. This is the principle behind the way in which punters will then trade odds at betting exchanges.

Taking full advantage of this situation requires the punter to place a lay bet at odds of 1.01 right at the beginning of trading, ideally before the match kicks off. Once this lay bet has passed in the bidding, the punter should place a back bet with 1.02 odds. Risking your stake right after taking the lay bet means that the risk is transferred to the back bet. This means you make a profit if the leading team wins, and lose nothing if they lose the match. Although this sounds complex, it is simple in practice.

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Live streaming and choice of sport: crucial for success

One of the most important factors in making this betting strategy work is to have access to a good quality stream of the match. Without a good live stream, with no delay in its broadcast, this type of betting is very tricky indeed. This is due to the way in which odds on live betting events can change very quickly, depending on occurrences in the game. If you have a good quality stream, this kind of betting can be made to work.

Although football is the most popular market on which this strategy is used, it can work on other live events too. Tennis also offers some good opportunities for a win. For example, you could be watching Rafael Nadal taking on a mid-ranking challenger in a tennis tournament. If you place a lay bet at odds of 1.01 of £1,000 against Nadal, you are only risking £10. If you immediately back him with a £500 bet at odds of 1.02, then you effectively have £500 riding on the underdog, if he manages to pull off an unlikely win. As you can see, this strategy does require a fair degree of both betting and sporting knowledge to be successful. This is not one for novices!

Use Betting.org for tips and advice

As with any other approach, 1.01 betting strategies works best when backed up by proper knowledge and insight. Before you try out any betting strategies, you should make sure that you visit Betting.org. Here, you will find expert tips and advice which you can use to shape your betting strategies.

As well as outlining some of the most popular and effective strategies, Betting.org also offers advice on how to bet on specific sports and events. We offer you guidance on which bookmakers represent good value, both in terms of the odds on offer and the range of markets available, and where you can find the best bonuses. Always make a point of paying a visit to Betting.org before you dive into the world of sports wagering.

The 1.01 strategy: effective when used properly

Main points

  • Use a betting exchange (such as Betfair)
  • Requires good sporting and live betting knowledge
  • Have a good quality stream of the match available
  • Plan your bets carefully, backed by insight

Overall, the 1.01 betting strategy is a pretty effective way of protecting against major losses, and increasing the chances of making a profit from betting. As with any strategy, though, it is only as effective as the punter who uses it. This means that you must know what you are doing! Using an odds exchange is also essential, as is having a good quality stream available of the match on which you are planning to bet. You must also have sound knowledge of the sport on which you are betting, otherwise you will soon come unstuck.
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