Changes

In sportsbetting an the '''underdog''' of a given event is a team that the side of the market perceives that is perceived as having a less likely chance to winof winning. Often abbreviated ''dog'', the underdog will have carries a positive [[plus moneypoint spread]] and yields a [[moneylineplus money]] odds and a positive return on the [[point spreadmoneyline]]. The other side of the same market that is perceived as having with a greater perceived chance of winning is known as the [[favorite]]. == Underdog moneyline == Underdogs are perceived as having a lower chance of winning relative to the favorite yielding a larger potential return when betting on their outright victory. [[American odds]] format displays underdog moneylines with positive numbers. A team with +200 odds of winning carries a 33.3% [[implied probability]] and yields a $200 profit on a $100 initial risk. == Underdog spread ==   == Example ==