What Are "Favorites and Underdogs" Bets? Effective Strategies for Success "Favorites and Underdogs" betting is one of the most popular and straightforward betting types in sports, particularly in football. This betting style allows players to wager on either the stronger team, known as the "favorite," or the weaker team, referred to as the "underdog." Understanding how to approach these bets, along with the various handicap odds associated with them, can...