“Bet the underdog” is one of the most common tips being passed around in sports betting circles. However, the real truth is that most people still don’t do this. Sometimes, they simply can’t help it. “Favorites” are called ‘favorite’ for a good reason, and people often get drawn to them like moths to a fire. But the underdogs are, most often than not, the better bet compared to the favorites, mostly due to miscalculations in how the people perceive the odds. [Read more…]