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Gambling 101: What is a Betting Favorite?

Unless the odds are EVEN, two-sided sports betting options have a favorite and an underdog. Point spread favorite odds range from as low as 0.5 goals in soccer, hockey and baseball, to upwards of 17 points or more in high-scoring sports like basketball and football. Also referred to as “chalk,” point spread favorites always have negative odds and begin a match with a deficit. When betting on moneyline chalk, odds start at (-101) and can go as high as (-10000) and beyond.

What are Football and Basketball Favorite Odds?

Favorites in football and basketball are always posted with negative odds.