Betting Market BehaviorBetting MarketsBetting MythsBetting Strategy and ROIData-Driven Decision MakingMarket EfficiencyOdds and MispricingProbability and Expected ValuePsychological Traps and BiasesQuestions4 Min Read Betting Researchon21/02/2025Question: Is it true that betting on the favorite always leads to losses? The favorite-longshot bias in sports betting, where bettors overbet longshots and underbet favorites, has been widely examined across various…