Australia Loves an Underdog and it’s Losing us Money …

Seems simple, right?

Placing a Dollar on all the Favourite or Underdog Team in Australia

However, we can see that a punter would have lost double the amount of money than expected by betting on the underdog!

Therefore, we accept our explanation that more Australians are betting on the underdog team, forcing the bookmakers to drop the odds and consequently reducing the pay out.

Placing a Dollar on all the Favourite or Underdog Team in the United States

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