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US Online Gambling Sites » Betting Strategies » 1.01 Betting Strategy Explained 2025

1.01 Betting Strategy Explained 2025: Odds & Tips

Publish Date: 04/12/2022
Fact checked by: Mark Lewis

All You Need to Know About 1.01 Betting

With the rapid growth of sportsbook betting online, the use of various strategies have grown ever popular. While there are countless options, they’re not all the same or suitable for all bettors.

Using a strategy depends on a lot of factors like your wagering style and the betting markets you prefer. Some strategies are sport-specific, while others can be used across a variety of betting markets. One of these is the 1.01 betting system. Even if gambling is regulated in your state, our recommendations can apply to sweepstakes and social casinos as well. Keep reading to see how 1.01 betting is explained and how this strategy could help improve your game.

Key takeaways

  • The 1.01 betting strategy is based on odds.
  • Understanding what betting odds are is vital.
  • Live betting is a good place to find 1.01 odds.
  • Patience is key with this strategy.
  •  Low-risk, low-reward that can evolve with higher stakes.

Betting Strategy Guide

The 1.01 betting strategy has almost become famous amongst sports bettors. It has found traction across a variety of sports and games as one of the best betting strategies for US punters.

In this guide, we take a closer look at how you can turn gambling on sports into a potentially profitable pastime. You’ll have 1.01 betting explained to you while learning how to use this strategy to your advantage.

Understanding the strategy

Despite being a prominent system amongst seasoned bettors, the 1.01 betting strategy can be used by anyone even if they’re in any of the regulated states because they can participate in sweepstakes casinos. The only difference that’s there with a traditional online casino is that they don’t use real money transactions. Instead, they use Gold Coins (GC) and Sweepstakes Coins (SC), which are virtual currencies. While the first one allows you to play for free in the casino-style games available on these platforms, the other can be used later to exchange it for real prizes. However, it’s quite the same in other aspect, like playing and making sports predictions. Although, if you’re new to US sportsbooks or a casual bettor wanting to brush up on your knowledge, this strategy is best understood with some sports betting education .

What Are Betting Odds?

One of the first and most crucial aspects of this system is knowing how the No.1 bookies and their sports betting odds work. In its purest form, odds are the likelihood of something happening.

In sports betting, odds are calculated on the ‘implied probability’ of an event occurring – for example, the Minnesota Vikings beating the Kansas City Chiefs. Bookmakers calculate this implied probability, factor in their margin or ‘house edge,’ and present these odds to you, the bettor.

The 1.01 odds

In the 1.01 betting strategy, you’re essentially after odds of 1.01 to bet on. To explain it better, we’ll convert the decimal to fractional odds of 1/100. When you bet on odds of 1.01 or 1/100, it means that your wager has a theoretical 99 out of 100 chance of realizing. This is also known as a ‘sure bet.’

However, in the US, odds are usually shown in the American or ‘moneyline’ format, which would be -10000. Nonetheless, the principles of the 1.01 betting strategy remain the same.

We mentioned the ‘house edge earlier, which’ is how bookmakers make money . The purpose of the 1.01 betting strategy is to try to gain the upper hand against the house – by finding odds of 1.01. That simply means you’re wagering on whether an event will occur. You can use our sure bet calculator to play bookies against each other and try to decipher the best bets for your money.

Spot the odds

If you’re wondering why sportsbooks would offer such odds – don’t worry, there’s a method behind this madness. Live and in-play betting are fantastic platforms for the 1.01 betting strategy.

This is because you’ll usually only find 1.01 odds in a game nearing its end with an almost sure score. For example, in football, that could be a score of 3-0. Other ways you could find the 1.01 betting strategy useful is in niche sports where there might be disagreement between teams.

1.01 Betting Explained – Conclusion

Now that you’ve had sports betting odds explained , as well as the basics of the 1.01 betting strategy, remember that this or any other approach is never fool-proof.

It might improve your chances of winning, but there are no strategies that promise long-term, surefire results.

The 1.01 betting strategy is low-risk because of its high probability, but even if you wager big you make a little profit. The obvious downside here is that it can take a long time to accumulate earnings. On the other hand, it’s an excellent strategy to avoid losing considerable sums and encourages responsible sports betting bank roll management .

Top Tips for Using This Strategy

Avoid Unnecessary Risks

Don’t risk staking more than you need to on riskier odds. The system of 1.01 betting is explained as making use of odds to determine the favorites on which to bet. This step is the key to making it work in your favor.

Understanding Betting Markets

If you’re still unsure and don’t know all of the sports betting rules , then some further research is an excellent place to start. You’ll have sports betting explained in no time with our extensive list of guides.

The 1.01 betting strategy is common among football punters, especially for in-play betting when either team has a lead in the game towards the end.

Place Live Bets

Live or in -play betting is fertile ground for the 1.01 betting strategy because of the odds constantly changing based on how a game unfolds.

Along with knowing how to place bets properly, be sure to keep a close eye on your chosen sports event. In most cases, you could also watch the game on the go with live streaming on your favorite sports betting app .

Be Consistent

Naturally, ‘sure bets’ won’t have the biggest returns. While it may seem silly to wager $ 100 to make a $ 1 profit, those small profits add up over time. With consistency, that $ 1 becomes $ 100. As you gain experience with the 1.01 betting strategy, you’ll learn when to increase your wagers to make more significant profits.

Expect to Lose

It’s the mentality of “expect the worst, so you don’t get disappointed.” While the likelihood is small, you could quickly drop a few bets here and there. Though if you’re using the strategy effectively, you won’t stand to lose too much. Remember that when you’re first starting, your profits won’t be huge, even if you win every bet.

Online gambling for beginners

Over recent years, you may have heard many whispers about the growing online gambling industry. Whether land-based or online, gambling is explained as placing a stake on the possible outcome of an event. When learning how to gamble online , you’ll see that it’s pretty straightforward.

One of the first things new bettors wonder is how honest online casinos are, and some question what the gambling games list looks like.

Thanks to the combination of gaming authorities and software providers, you can usually expect safety and variety from good sportsbooks and online casino sites in the U.S.A..

Whether trying your hand at horse betting online or enjoying some online slots for real money, there’s an option for you at any of the No.1 bookies. Refer to our guides to find the best online casinos for beginners.

Creating A Sports Betting Account

Gambling in New Jersey is a popular pastime. The other famous state is Pennsylvania where you’ll find some of the best PA gambling sites. Be sure to make use of our Wetten.com guides for tips in choosing a sportsbook to register an account.

Check The Boxes

There are two boxes to check before creating your sports betting account. The first is whether or not you meet the sports betting legal age requirements. The second box is whether or not you are in a state where online gambling is permitted. These are two strict laws to abide by and could result in you not being allowed to collect your wins or incur a fine.

Sign Up Bonuses

Many online casinos also have a sports betting section. A big selling point is the online casino sign up bonus at the No.1 casinos or sportsbook promos at the No.1 bookies.

Many sportsbooks change their promotions as often as daily and could give your wager a notable boost. Some of these include discounts on wagers, boosted odds, free bets, or reduced juice.

Banking Options

Another crucial point to consider are the online gambling deposit options. These vary between betting sites while also having different limits. Make sure you check if your preferred banking method is available.

Now that you’ve created your account, made your first deposit, and collected your sign up bonus, it’s time to place your first wager.

It may seem like a lot to consider, but the truth is that these choices play a vital role in your overall betting experience. The trick is to find the right combination of your needs being met by a single site. Each online casino or sportsbook is different, so you’re sure to find the right fit for you among the sea of options.

What Other Betting Guides & Strategies Are Available?

Wetten.com has an extensive selection of guides available at nearly every stage of your online gambling experience. If this is new to you, knowing the different types of bets is a valuable piece of information. In which case, sports betting point spreads explained is a superb place to start.

You can also learn about sportsbook lines or gambling over under. Either way, our guides will help sharpen your skills and broaden your betting horizons whether you’re gambling in New Jersey or from sweepstakes platforms in regulated states. These sites are a great way to start your journey, even if you live in states where gambling is legal, because you can learn the basics and play for free.

FAQs

What is the 1.01 betting strategy?

Also known as a ‘sure bet’, with the 1.01 betting strategy you are looking for odds of 1.01 or 1/100, meaning that your bet has around 99 out of 100 chance of coming out good. You can find out details of this strategy on this guide.

How are betting odds calculated?

In sports betting, odds are calculated on the ‘implied probability’ of an event occurring. More in depth info on this and more can be found in this guide.

Where do I start when I want to create a betting account?

You’ll need to make sure you meet the eligibility requirements before you sign up to a betting site. Make sure you also check for any welcome bonuses to make the most out of your first bets. Be sure to make use of our Wetten.com guides for tips in choosing a sportsbook to register an account.

Conclusion

You have now had 1.01 betting explained to you. Whether your chosen sport is football, hockey, or tennis, we recommend using in-play or live betting, which will likely yield the best results when searching for those glorious 1.01 odds. This low-risk, low-reward method may not work for everyone, but over time your patience will pay off.

Theoretically, this system is an absolute winner. No matter what your choice in sporting events or wager amount, you’re in control as the odds will always be in your favor – just as long as you’re quick to find them.

Although there’s no such thing as a guaranteed winning strategy, however much you decide to wager, your bet is almost always going to be on point. It’s an excellent strategy to implement in your sports betting portfolio.

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