Betting Market BehaviorBetting MythsFavorite-Longshot BiasProbability and Expected ValuePsychological Traps and BiasesPublic Betting BiasQuestionsRacing-Specific StrategiesSports Betting Psychology4 Min Read Betting Researchon01/03/2025Question: How does “the favorite-longshot bias” impact? The favorite-longshot bias in sports betting, where bettors tend to underbet favorites and overbet longshots, has been a prominent subject of…
