When betting on short odds, such as in favourites in a sporting event or a heavily favoured political candidate, it is crucial to ensure that everything is perfect. This means that you need to take into account every variable that can impact the outcome of the bet, such as a player’s injury, weather conditions, or team morale. Since the odds are shorter, the margin for error is also smaller, and a small mistake can turn the bet into a losing one.

When betting on long odds, such as underdogs or an outsider in a political race, you can be more flexible with your bets. This is because the odds are higher, which means that the potential payout is also larger. Betting on long odds requires a degree of risk-taking, and you need to be comfortable with the possibility of losing. However, since the odds are less in favour of the underdog or outsider, there is more room for error or unforeseen events that might affect the outcome of the bet.

Overall, regardless of the length of the odds, always do research on the event you are betting on, keep an eye on the odds, bet responsibly, and be prepared to accept losses when they happen.