Odds & margin
- UKOutsider
- USUnderdog
Outsider
The side the market rates least likely to win, so the one with the longest price.
Also called Dog, Longshot
Example A team at 7.00 against a favourite at 1.40.
Related
Odds & margin
Favorite
The side the market expects to win, so the one with the shortest price.
Odds & margin
Value bet
A price higher than the real chance deserves. Value doesn’t mean the bet will win; it means the price is generous if you could make the bet many times.
Slang
Drifter
A selection whose price keeps getting bigger before the start, because the market fancies it less.
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