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What is underdog favorite?

. Two ubiquitous terms in sports betting are favorites and underdogs. Of course, both terms will be used in regular sports coverage, but sports betting labels one team a favorite and one an underdog in almost every game. The favorite is the team expected to win. The underdog is the team not expected to win.

theathletic.com - What is an underdog in sports betting? - The Athletic

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Two ubiquitous terms in sports betting are favorites and underdogs. Of course, both terms will be used in regular sports coverage, but sports betting labels one team a favorite and one an underdog in almost every game. The favorite is the team expected to win. The underdog is the team not expected to win. Very simple. In sports betting, there are a few ways to tell which team is the underdog. When looking at a moneyline bet, a bet on the winner of the game regardless of the score, the team with the higher paying odds is the underdog. If UConn women’s basketball is playing Marquette, the Huskies would be heavily favored. A $10 moneyline bet on UConn would pay a small percentage of that $10 in profit. The underdog Marquette team would return several times the $10 if it won. When it comes to spreads, the team with the minus sign before the line is the favorite. The team with the plus sign before the line is the underdog. For example, if the spread reads UConn -25, UConn is the favorite, and they have to win by 26 points to cover the spread. In sports betting lingo, UConn would be favored by 25 points. Marquette would be +25, a 25-point underdog.

Underdogs in American odds

When it comes to odds, each odds system shows favorites and underdogs in different ways. In American odds, just like with spreads, odds with a plus sign are underdogs and odds with a minus sign are favorites. This applies to moneyline bets where the White Sox may be -143 against the Tigers, which have odds of +123. The White Sox are favorites in this game. The odds don’t affect who is favored in the spread; only the line does. The runline has the White Sox as -1, meaning they are favored by a run, with odds of +107. The Tigers are +1 on the runline, the baseball version of the point spread, but with odds of -127. Even though the Tigers’ runline bet has minus odds, they are not the favorite in the game. That means the Tigers are viewed as slightly more likely to win when factoring in the runline. It is very common for both bets on a spread to have minus odds in basketball or football. Look to the line and not the odds to spot the underdog and the favorite.

Underdogs in decimal odds

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Decimal odds are shown as one number, which is the amount a winning bet would collect on a $1 bet. For example, if the odds are listed as 6, a winning bet will receive a $5 profit and the original $1 bet. Underdog bets will have a number larger than 2 in decimal odds. Anything between 1 and 2 is a favorite bet, and 2 is an even money bet. If Barcelona is 1.50 to win, they are the favorite. Atletico Madrid playing at Barcelona is listed at 3, then they are the underdogs.

Underdogs in fractional odds

In fractional odds, favorite bets will have the denominator larger than the numerator, such as 1-2 or 2-5. Underdog bets will have the numerator bigger than the denominator, as in the examples above. This is common in futures betting. In the case of NBA champion futures betting at the beginning of the season, it’s possible, or even likely, all the teams will have fractional odds with the numerator larger than the denominator. In that case, the favorites or favorites will be the teams with the smallest payouts. For example, a team getting 2-1 odds is the favorite instead of getting 10-1 odds.

theathletic.com - What is an underdog in sports betting? - The Athletic

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