As known from:
vingleottawalifecricketworld
VA
Contains commercial content
Online Gambling USA / Betting Strategies / 1.01 Betting Strategy Explained for US Players 2023

1.01 Betting Strategy Explained for US Players 2023

Publish Date: 23/06/2020
Fact checked by: Jesse M Cox

How to bet with 1.01 Betting Strategy?

Ever since sports betting started, gamblers have been trying to find the best ways to make money from it. They use several betting strategies to achieve the best results and maximize their profits.

A very popular strategy that’s increasing in use is the 1.01 betting strategy. It consists of picking bets that are very probable to win but don’t really give huge prizes.

In this 1.01 betting explained guide, you will learn everything about how to use this strategy in a successful way.

1.01 Betting Strategy: Key Points

These are the main tips about the popular 1.01 betting strategy.

  • It’s a very easy way to get money without risk
  • It can take a long time for you to get a lot of cash using the 1.01 betting strategy
  • The strategy is not suited for beginners
  • You can use it often in live betting
DraftKings Sport
4.6/5
DraftKings Sport Review US
Bet $5 Get $150 Instantly
T&Cs apply, 21+
Visit Site
FanDuel Sport
4.6/5
FanDuel Sport Review US
Bet $5 Get $150 in Bonus Bets
T&Cs apply, 21+
Visit Site
BetMGM
4.5/5
BetMGM Review US
up to $1,500 back in Bonus Bets
T&Cs apply, 21+
Visit Site

Implementing the 1.01 Betting Strategy – All You Need to Know

To understand the 1.01 betting strategy, it’s important to know how odds work. If you can’t read the odds, you will have a challenge ahead of you.

Basically, with the 1.01 betting strategy you need to pick bets with 1.01 (or 1/100) odds. These are the shortest odds that you can find online. It means that by every $100 you bet, you will get $1. So, if you win, you get $101; that’s your money back, plus 1%.

It’s not much. So, why is it a good idea to gamble this way? Because you are nearly certain that you will win. The return on investment may be low, but it is the safest bet to place.

The 1.01 betting strategy is not recommended for basketball betting for beginners or other sports, though. It’s considered an advanced strategy because beginners may face some troubles with it.

Top Benefits of Using a Betting Strategy

Any person reading a US online casino guide needs to take time to read strategies.

If you don’t use one, you will have to play blindly, which will decrease the efficacy of your bets. An exception is if you play as a way to pass the time. In this case, you may not use a strategy like the one found in the 1.01 betting explained guide.

However, if you are in for the money, using a strategy is the best way. The central reason for it is that you can repeat it several times to get a lot of money.

As soon as you are able to locate the most winnable bets, whether they are over or under betting, money line, or point spread bets, you can repeat the strategy for huge profits over time.

Is the 1.01 Strategy a Good Bet for Gambling Newcomers?

Any person above the gambling legal age can start betting online. It’s easy, and there’s no experience required. The problem is that the lack of experience can make people lose money. This is why the 1.01 betting strategy can be risky if you don’t know what you are doing.

A proper sports betting explained guide will tell you that beginners should not bet a lot of money. Because of this, it’s hard to get an actual profit from this strategy when starting.

If you bet $10, you will only get ten cents. Even if you bet $100, you get a dollar. To make this work, you either need to place several bets or invest a lot of money. So, be careful before you create a sportsbook account to use the 1.01 betting strategy.

1.01 Odds – A One Sided Strategy

1.01 is the lowest odds that most sportsbooks will use on their websites. It means that you will only find these odds when it’s almost impossible for the underdog to win.

If you use, for example, a best cricket sports betting strategy, you’ll see that most guides tell you to avoid this kind of bet. The reason is pretty obvious. The payout is not very good and this can affect your sports betting bankroll management.

So, what kind of match has 1.01 odds? One with a clear winner. The disparity between the two teams needs to be huge for this to work. In this case, you’ll want to find money line bets. They are the most straightforward bets. Why? Because they only relate to which team will win a match. So, they are more controlled.

You can’t use this one together with a derby betting strategy, for example, because there’s always a chance that both teams can win during one of these matches. As you can see, the 1.01 betting strategy may not be the easiest strategy to implement.

DraftKings Sport
1.
Favicon
4.6/5
Bet $5 Get $150 Instantly
Virginia
Players from Virginia accepted
PayPal
VIP Preferred
Play+
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
FanDuel Sport
2.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets + 3 Months of NBA League Pass
Virginia
Players from Virginia accepted
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
BetMGM
3.
Favicon
4.5/5
up to $1,500 back in Bonus Bets
Virginia
Players from Virginia accepted
PayNearMe
PayPal
Bank Transfer
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Bet365
4.
Favicon
4.5/5
$1000 in Bonus Bets
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Visit Site
Place your first cash bet up to $1,000, and if the bet loses, you will have your wager refunded in Bonus Bets. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetRivers.com
5.
Favicon
4.5/5
Virginia
Players from Virginia accepted
PayNearMe
Bank Transfer
VIP Preferred
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+

Live Betting – Can I Use the 1.01 Betting Strategy During a Game?

So, how to gamble at a casino or sportsbook using this strategy with even less risks? Live betting can be a solution. If you bet after the favorite team is already winning, you can be even more certain about the result. This reduces the risks when you’re using the 1.01 betting strategy.

Live betting has become very popular lately, and the best football sports betting strategy, for example, include it. It would not be different in this case.

Generally, rewards get decreased when you bet on the current winner of a match. Because this strategy already relies on bad odds, however, you won’t suffer any problems. Don’t follow tips used in soccer betting for beginners. Bet when you are completely sure that you will not lose your money.

Offsetting Your Risk – Bet on Both Sides!

If you are afraid that you will lose money using this 1.01 betting explained guide, bet on both sides. This strategy can be easily used in hockey betting for beginners or other sports.

First, find a reputable gambling site with the best odds for betting money lines. Then, place a big bet for the favorite and another one for the underdog.

The idea is that by betting a small value on the underdog, you can diminish the risk. A small bet is enough when a team has odds so low that it will be a jackpot if you win. You can win either way. If the favorite loses, the small amount of money that you bet in the underdog should cover any losses.

How to Find Sportsbooks Offering 1.01 Odds

Now that you’ve had 1.01 betting explained to you, you’re probably ready to use the 1.01 betting strategy to profit. Now, how to find casinos offering these odds?

With the comparison system present on this site, it’s easy to find the best sport bets and to understand what they mean. You will see a huge range of sites and can read in-depth reviews about them. This way, you can get more insight into how they work and what they offer.

One of these sites will undoubtedly offer odds that will be compatible with your 1.01 betting strategy. So, that you know gambling odds explained, just pick your favorite one and start betting.

Looking for Other Betting Strategy Guides? Try These Favorites

Beyond 1.01 betting explained ,and the 1.01 betting strategy, there are many available guides on this site. If you are into sports, you can try the value bet strategy or the matched betting explained guide. Another great option is to read more about the pick 3 betting strategy.

Slots fans can read about how to win at slots or even about best slots to play.

There are even guides for gambling tax. They explain how players can deal with their taxes better.

Using the 1.01 Betting Strategy – Conclusion

Now, you will no longer have to ask yourself: how does betting work using a 1.01 betting strategy?

It’s simple: look for low odds in very predictable games. Then, bet a high amount of cash or place bets in several games. Be careful because a single loss may make you lose all your profits, however.

The 1.01 betting strategy can be used together with any US sports betting guide for better results. You can use it in most sports, but betting only in the most predictable ones is a good way to ensure that you will not lose any money.

It’s always a good idea to do a lot of research before you start using any strategy, and the 1.01 betting strategy is certainly no exception. Even though you’ve had 1.01 betting explained to you, you’d be wise to learn even more. And, if you do decide to try this strategy, be sure to wager small amounts at the beginning.

DraftKings Sport
1.
Favicon
4.6/5
Bet $5 Get $150 Instantly
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $5
Go to DraftKings Sport
Get Bonus
T&Cs apply, 21+
FanDuel Sport
2.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets + 3 Months of NBA League Pass
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel Sport
Get Bonus
T&Cs apply, 21+
BetMGM
3.
Favicon
4.5/5
up to $1,500 back in Bonus Bets
Virginia
Players from Virginia accepted
Min. Deposit: $10
Copy
Get Bonus
T&Cs apply, 21+
Bet365
4.
Favicon
4.5/5
$1000 in Bonus Bets
Virginia
Players from Virginia accepted
Min. Deposit: $10
Go to Bet365
Get Bonus
Place your first cash bet up to $1,000, and if the bet loses, you will have your wager refunded in Bonus Bets. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetRivers.com
5.
Favicon
4.5/5
Virginia
Players from Virginia accepted
Get Bonus
T&Cs apply, 21+
Read Also
Value Bet Strategy and Value Betting 2023: Explained from GamblingGuy!
Many sports betting novices find themselves asking about betting strategies. Everyone wants ...
Tips for Soccer Betting Strategies in 2023: Soccer Betting for Beginners
Soccer betting is extremely popular around the globe, and it’s a fun ...
BetMGM Promo
Proven Hockey Betting for Beginners 2023: Exclusive Sports Betting Strategy
If you're new to the gambling world and want to learn about ...
Beginner’s Guide to Football Sports Betting and Football Betting Strategies 2023
You might be considering the best football sports betting strategy to make ...
Legit Betting on Cricket for Beginners and Exclusive Sports Betting Strategy 2023
Cricket is certainly not the most popular sport in the United States, ...
Provider of the Month
PointsBet - Get Your Bonus Now!
-
Let's start!
Find your Bookie
Top Betting Sites
Top Betting Bonuses
DraftKings Sport
DraftKings Sport
DraftKings Sport Review US
4.6/5
FanDuel Sport
FanDuel Sport
FanDuel Sport Review US
4.6/5
BetMGM
4.5/5
Bet365
4.5/5
BetRivers.com
BetRivers.com
BetRivers.com Review US
4.5/5
DraftKings Sport
DraftKings Sport Bonus US
Bet $5 Get $150 Instantly
T&Cs apply
4.6/5
FanDuel Sport
FanDuel Sport Bonus US
Bet $5 Get $150 in Bonus Bets
T&Cs apply
4.6/5
BetMGM
BetMGM Bonus US
up to $1,500 back in Bonus Bets
T&Cs apply
4.5/5
Bet365
Bet365 Bonus US
$1000 in Bonus Bets
T&Cs apply
4.5/5
Place your first cash bet up to $1,000, and if the bet loses, you will have your wager refunded in Bonus Bets. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
Caesars Sport
Caesars Sport Bonus US
100% up to $1000
T&Cs apply
4.5/5
Top Online Casinos
Top Casinos Bonuses
Stake.us
4.6/5
Wow Vegas
4.6/5
Sweeptastic
Sweeptastic
Sweeptastic Review US
4.5/5
High5Casino
High5Casino
High5Casino Review US
4.5/5
Fortune Coins
Fortune Coins
Fortune Coins Review US
4.5/5
Stake.us
Stake.us Bonus US
$25 No Deposit + 250,000 Gold Coins + 5% Rakeback
T&Cs apply
4.6/5
Wow Vegas
Wow Vegas Bonus US
30 SCs on 1st Purchase + 4.5 SCs FREE
T&Cs apply
4.6/5
Sweeptastic
Sweeptastic Bonus US
25 SCs extra free on first purchases + 2 SCs FREE to claim
T&Cs apply
4.5/5
High5Casino
High5Casino Bonus US
$5 No Deposit + 250 GameCoins + 600 Diamonds
T&Cs apply
4.5/5
Fortune Coins
Fortune Coins Bonus US
1,000 ($10) No Deposit Free Coins + 360,000 Gold Coins
T&Cs apply
4.5/5
Betting Tips
Latest News
Alabama upsets Georgia 27-24 to win SEC Championship
In a stunning upset, No. 8 Alabama Crimson ...
Dak Prescott on top form, leads Cowboys to defeat Seahawks
Dak Prescott’s steady performance led the Dallas Cowboys ...
Burrow’s season officially ends with a confirmed torn wrist ligament
The Cincinnati Bengals will proceed in the remainder ...
Dolphins secure 34-13 win over Jets in first-ever Black Friday showdown
In the first-ever NFL’s Black Friday game on ...
Join The Fun: Name Slot Titles and Win Amazing Sweep Prizes
As someone who appreciates casinos, navigating online gaming ...
Sport Bonus of the Month
PointsBet - Get Your Bonus Now!
-
Our Team
Mark LewisJesse M CoxJosh Schwartz
Mark Lewis
Mark Lewis
Editor
Jesse M Cox
Jesse M Cox
Chief Editor
Josh Schwartz
Josh Schwartz
Editor
GamblingGuy.com is a proud supporter of:
Dresdner Eislöwen 1909HSC CoburgKleeblatt FördererLausitzer FüchseRed Bull Business Clubco2 neutral website
Legal Notice

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

21+NCPG
Move to Top
Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$25 No Deposit + 250,000 Gold Coins + 5% Rakeback
Promo Code
Copy
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive promo code: GGCSOCIAL
  • Play Stake Originals games for free!
  • Drake-approved sweepstakes casino site
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site